# EDGAR Filing Document

**Accession Number:** 0000916620
**File Stem:** 0002071691-26-012340
**Filing Date:** 2026-5
**Character Count:** 514384
**Document Hash:** d29fe395c9fb16c137075c28a26da3e0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-012340.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0002071691-26-012340

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN FUNDS
- **CENTRAL INDEX KEY:** 0000916620

**ORGANIZATION NAME:**
- **EIN:** 391777365
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08236
- **FILM NUMBER:** 261029161

**BUSINESS ADDRESS:**
- **STREET 1:** NORTHERN FUNDS
- **STREET 2:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603
- **BUSINESS PHONE:** 800-595-9111

**MAIL ADDRESS:**
- **STREET 1:** NORTHERN FUNDS
- **STREET 2:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603

## Series and Classes Contracts Data

### Northern Trust Tax-Exempt Bond ETF (Series ID: S000093505)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000261793 | Northern Trust Tax-Exempt Bond ETF | TAXT            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Northern Funds

- **b. Investment Company Act file number:** 811-08236

- **c. CIK number of Registrant:** 0000916620

- **d. LEI of Registrant:** 5493004ZY1PEJR3C0A81

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

  - **Street Address 1:** 50 South LaSalle Street

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60603

  - **Telephone number:** 800-595-9111

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

- **a. Name of Series:** Northern Trust Tax-Exempt Bond ETF

- **b. EDGAR series identifier (if any):** S000093505

- **c. LEI of Series:** 254900H10OQJQWTG5Q74

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $52426705.67

**Total Liabilities:** $263519.98

**Net Assets:** $52163185.69

**Cash Not Reported:** $289321.49

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 25.00000000 | **1-Year:** 891.00000000 | **5-Year:** 3503.00000000 | **10-Year:** 16106.00000000 | **30-Year:** 13298.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000261793 | 0.74%                | 1.23%                | -1.89%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $121428.65                                 |
| Month 2  | $0.00                    | $320606.78                                 |
| Month 3  | $0.00                    | $-960776.54                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| County of Cuyahoga OH                                                            | County of Cuyahoga, Series 2024                                                         | CUSIP: 23225PBP9<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |     35000 | PA      | $32467.65     | 0.06%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | City of Chicago, Series 2024A                                                           | CUSIP: 167486S67<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |     75000 | PA      | $74916.03     | 0.14%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                     | Salt River Project Agricultural Improvement & Power District, Series 2024A              | CUSIP: 79574CGL1<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105123.14    | 0.20%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2025F                                                          | CUSIP: 64966SKV7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37146.03     | 0.07%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                            | Tennessee State School Bond Authority, Series 2022A                                     | CUSIP: 880558QP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10268.80     | 0.02%             | 2052-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission, Series A                                 | CUSIP: 49151F4U1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $83983.09     | 0.16%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Private Colleges & Universities Authority                                        | Private Colleges & Universities Authority, Series 2019A                                 | CUSIP: 74265LR75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21412.25     | 0.04%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2017                                           | CUSIP: 709224ZW2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102843.95    | 0.20%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | San Diego County Regional Airport Authority, Series 2021A                               | CUSIP: 79739GNA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $81495.82     | 0.16%             | 2056-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Sanitary Authority                                              | Allegheny County Sanitary Authority, Series 2020A                                       | CUSIP: 017357F74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5019.76      | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | City of Austin, Series 2023                                                             | CUSIP: 052397H82<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |     60000 | PA      | $63340.88     | 0.12%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2018C                                                       | CUSIP: 93974D2G2<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     45000 | PA      | $46959.62     | 0.09%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida, Series 2019A                                                          | CUSIP: 343137EQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105120.14    | 0.20%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2016C                                                          | CUSIP: 3733843N4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15095.96     | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | Metropolitan Atlanta Rapid Transit Authority, Series 2025A                              | CUSIP: 591746BZ4<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105982.74    | 0.20%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| St Louis Community College District                                              | St. Louis Community College District, Series 2024                                       | CUSIP: 85234LBE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $29519.11     | 0.06%             | 2042-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Sports Authority             | Metropolitan Government of Nashville & Davidson County, Series 2023A                    | CUSIP: 592090JZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41324.05     | 0.08%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Clark County School District No. 114 Evergreen                                   | Clark County School District No. 114, Series 2019                                       | CUSIP: 181234P41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $80206.00     | 0.15%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2022A1                             | CUSIP: 64971XC55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10905.37     | 0.02%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2025AA                           | CUSIP: 64613CHB7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11250.84     | 0.02%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westfield-Washington Multi-School Building Corp.                                 | Westfield-Washington Multi-School Building Corp., Series 2024A                          | CUSIP: 96023PPG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $102865.80    | 0.20%             | 2043-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta, Series 2018C                                                           | CUSIP: 047870QX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30442.37     | 0.06%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Frenship Independent School District                                             | Frenship Independent School District, Series 2025                                       | CUSIP: 357866K43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30848.57     | 0.06%             | 2055-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hays Consolidated Independent School District                                    | Hays Consolidated Independent School District, Series 2023                              | CUSIP: 4211107T8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32446.21     | 0.06%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                       | Metropolitan Water Reclamation District of Greater Chicago, Series A                    | CUSIP: 167560SZ5<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20291.12     | 0.04%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maine                                                                   | State of Maine, Series 2020B                                                            | CUSIP: 56052AE36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46306.90     | 0.09%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 403 Bethel                                     | Pierce County School District No. 403, Series 2019                                      | CUSIP: 720611YD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10618.33     | 0.02%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2022B                                   | CUSIP: 544532EX8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     95000 | PA      | $97564.49     | 0.19%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                        | Harris County Cultural Education Facilities Finance Corp., Series 2017                  | CUSIP: 41401PCN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $87632.60     | 0.17%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission                                           | CUSIP: 49151FTC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $66518.75     | 0.13%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co.                                                       | Philadelphia Gas Works Co., Series 17-A                                                 | CUSIP: 71783MDD4<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10539.79     | 0.02%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                        | Michigan State University, Series 2023A                                                 | CUSIP: 594712YF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16163.66     | 0.03%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co.                                                       | Philadelphia Gas Works Co., Series 17-A                                                 | CUSIP: 71783MDA0<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38975.41     | 0.07%             | 2041-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Collin County Community College District                                         | Collin County Community College District, Series 2020A                                  | CUSIP: 194741HH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15789.15     | 0.03%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2024C                                   | CUSIP: 544532MT8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15647.84     | 0.03%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                        | Metropolitan Government of Nashville & Davidson County, Series 2024B                    | CUSIP: 592112XN1<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22566.94     | 0.04%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | Kansas Development Finance Authority, Series 2023SRF                                    | CUSIP: 48542RXG4<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10935.25     | 0.02%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas, Series 2018A                                                           | CUSIP: 485424SG1<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36152.10     | 0.07%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus GA                                                              | City of Columbus, Series 2022                                                           | CUSIP: 199108GP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15988.44     | 0.03%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                   | Washington Metropolitan Area Transit Authority, Series 2017B                            | CUSIP: 938782FG9<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |     45000 | PA      | $46380.68     | 0.09%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2020C                                   | CUSIP: 544525A32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $93539.27     | 0.18%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - Texas A&M University System                          | Permanent University Fund - University of Texas System, Series 2023                     | CUSIP: 8821177L2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10909.39     | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | New York City Transitional Finance Authority, Series 2024G1                             | CUSIP: 64972JJF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $66510.91     | 0.13%             | 2052-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2020B                                                         | CUSIP: 4521526U0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21565.18     | 0.04%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2023B                                             | CUSIP: 56035DFC1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10485.38     | 0.02%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2016A1                           | CUSIP: 6461362D2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100442.11    | 0.19%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | Oklahoma Turnpike Authority, Series 2025A                                               | CUSIP: 679111D76<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11011.69     | 0.02%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston, Series 2024A                                                           | CUSIP: 44244CU62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26455.15     | 0.05%             | 2054-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2017A                                                         | CUSIP: 452152U33<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     55000 | PA      | $52746.90     | 0.10%             | 2040-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series 2024B                                      | CUSIP: 1675935E8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $128966.20    | 0.25%             | 2053-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Series 2024A                                                       | CUSIP: 79625GJP9<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |     60000 | PA      | $65768.63     | 0.13%             | 2043-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2019B                                     | CUSIP: 452252NX3<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32122.48     | 0.06%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                   | Empire State Development Corp., Series 2017C                                            | CUSIP: 6500357K8<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |    275000 | PA      | $279644.39    | 0.54%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New Mexico                                                              | State of New Mexico, Series 2025                                                        | CUSIP: 647293TK5<br>LEI: 549300H4YLM23QKOGK29 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10733.59     | 0.02%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | Florida Municipal Power Agency, Series 2016A                                            | CUSIP: 342816J48<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30332.27     | 0.06%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Clean Water Trust (The)                                            | Massachusetts Clean Water Trust (The), Series 27                                        | CUSIP: 575829QH2<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104160.30    | 0.20%             | 2056-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan                                                                | State of Michigan, Series 2016                                                          | CUSIP: 594612DJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25580.99     | 0.05%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2020C                                   | CUSIP: 544525A24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36561.61     | 0.07%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2018                                              | CUSIP: 882854D74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30828.32     | 0.06%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2020A                                            | CUSIP: 54811BVZ1<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10113.13     | 0.02%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adams 12 Five Star Schools                                                       | Adams 12 Five Star Schools, Series 2025                                                 | CUSIP: 006449JA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16696.46     | 0.03%             | 2042-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series R-2026B                                                     | CUSIP: 93974FEG4<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10545.62     | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver Convention Center Hotel Authority                                         | Denver Convention Center Hotel Authority, Series 2016                                   | CUSIP: 249189DS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $104752.70    | 0.20%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mobile AL                                                                | City of Mobile, Series 2025A                                                            | CUSIP: 6071144H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $74120.28     | 0.14%             | 2045-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2025C                                                    | CUSIP: 46247SHV9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10842.11     | 0.02%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, Series 2020A                                 | CUSIP: 64577XAW6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37245.93     | 0.07%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Jose Redevelopment Agency Successor Agency                                   | San Jose Redevelopment Agency Successor Agency, Series 2017A                            | CUSIP: 798170AQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76796.99     | 0.15%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2023A                                                | CUSIP: 45884AE25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10514.18     | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Raleigh NC Combined Enterprise System Revenue                            | City of Raleigh, Series 2023                                                            | CUSIP: 751100MX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21595.94     | 0.04%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | California State Public Works Board, Series 2021B                                       | CUSIP: 13068XBQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $91508.21     | 0.18%             | 2039-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston, Series 2002C                                                           | CUSIP: 44244CZR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51926.64     | 0.10%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2021C                                                      | CUSIP: 605581PM3<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41925.28     | 0.08%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2023E                                             | CUSIP: 56035DGB2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |     60000 | PA      | $63509.04     | 0.12%             | 2053-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chesapeake VA Chesapeake Expressway Toll Road Revenue                    | City of Chesapeake, Series A                                                            | CUSIP: 16532RAL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $19998.84     | 0.04%             | 2042-07-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing & Finance Association, Series 2023A                                       | CUSIP: 45130ABN4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10954.30     | 0.02%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Series 2025A                                                           | CUSIP: 68609UPA7<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22163.81     | 0.04%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2019                                             | CUSIP: 54811BSQ5<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26473.94     | 0.05%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Deutsche Intermediate Tax-Free Fund                                              | City of Houston, Series 2017B                                                           | CUSIP: 44244CNG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10367.36     | 0.02%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2024A                                   | CUSIP: 544532KM5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21343.07     | 0.04%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2024B                                                         | CUSIP: 452153JW0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10600.28     | 0.02%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                       | Maryland Stadium Authority, Series 2020A                                                | CUSIP: 574296CR8<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |     60000 | PA      | $62671.95     | 0.12%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of San Francisco CA                                                | City & County of San Francisco, Series 2025B1                                           | CUSIP: 79773KNW0<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48119.21     | 0.09%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Public Works Financing Authority                              | Los Angeles County Public Works Financing Authority, Series 2022G                       | CUSIP: 54473EXG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27654.60     | 0.05%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2024C                                                            | CUSIP: 235219YS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $50784.98     | 0.10%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Celina Independent School District                                               | Celina Independent School District, Series 2025A                                        | CUSIP: 151145B99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26158.06     | 0.05%             | 2055-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2024B                           | CUSIP: 13013JEA0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |     80000 | PA      | $81680.30     | 0.16%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Weld County School District No. RE-4                                             | Weld County School District No. Re-4, Series 2023                                       | CUSIP: 949232ET5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $76807.81     | 0.15%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2025C                                             | CUSIP: 57582TDM1<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     85000 | PA      | $93064.65     | 0.18%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho State Building Authority                                                   | Idaho State Building Authority, Series 2024A                                            | CUSIP: 451446AJ7<br>LEI: 549300XZ1VJYPPKQZU06 | Long             | DBT              | MUN               | US        |     45000 | PA      | $50988.02     | 0.10%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2016B                                                           | CUSIP: 180848SA2<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    115000 | PA      | $116711.09    | 0.22%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                                             | State of Michigan, Series 2020B                                                         | CUSIP: 5946952B3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25427.82     | 0.05%             | 2038-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Series 2023A                                              | CUSIP: 1810593K0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32221.09     | 0.06%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Sanitary Authority                                              | Allegheny County Sanitary Authority, Series 2025                                        | CUSIP: 017357U85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $72071.31     | 0.14%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Telecommunication Open Infrastructure Agency                                | Utah Telecommunication Open Infrastructure Agency, Series 2022                          | CUSIP: 91756SAQ6<br>LEI: 549300LCGT5UXUJ1LP77 | Long             | DBT              | MUN               | US        |     65000 | PA      | $71311.06     | 0.14%             | 2040-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Alaska International Airports System                                    | State of Alaska, Series 2025A                                                           | CUSIP: 011842VC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44935.67     | 0.09%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2022A                                                      | CUSIP: 469487TD4<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |     60000 | PA      | $63443.19     | 0.12%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                        | Michigan State University, Series 2024A                                                 | CUSIP: 594712ZH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10446.00     | 0.02%             | 2054-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Cook IL Sales Tax Revenue                                              | County of Cook, Series 2024                                                             | CUSIP: 213248ES2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104137.91    | 0.20%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kitsap County School District No. 100-C Bremerton                                | Kitsap County School District No. 100-C, Series 2024                                    | CUSIP: 498044HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $69797.01     | 0.13%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Houston of Harris County Texas                                 | Port Authority of Houston of Harris County Texas, Series 2020A2                         | CUSIP: 7342606G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21466.59     | 0.04%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | County of Harris, Series 2018A                                                          | CUSIP: 41423PAK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104289.13    | 0.20%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Redevelopment Agency Successor Agency                | San Francisco City & County Redevelopment Agency Successor Agency, Series 2023          | CUSIP: 79772ADP9<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16521.21     | 0.03%             | 2043-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Forney Independent School District                                               | Forney Independent School District, Series 2022B                                        | CUSIP: 346425HY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21344.54     | 0.04%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chattanooga TN Electric Revenue                                          | City of Chattanooga, Series 2023                                                        | CUSIP: 162393GM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $58195.29     | 0.11%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Shelby TN                                                              | County of Shelby, Series 2025A                                                          | CUSIP: 8216863M2<br>LEI: 5493000UVZ1EF2SIPO10 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16968.88     | 0.03%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2024D                                   | CUSIP: 544532NF7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15682.74     | 0.03%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riley County Unified School District No. 383 Manhattan-Ogden                     | Riley County Unified School District No. 383, Series 2018A                              | CUSIP: 766651RR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10337.73     | 0.02%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2022-1                                             | CUSIP: 70914PY63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16647.80     | 0.03%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2025D                                                         | CUSIP: 452153NZ8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37137.74     | 0.07%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2021                                             | CUSIP: 54811BWR8<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     95000 | PA      | $99963.61     | 0.19%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California, Series 2020                                                        | CUSIP: 13063DZN1<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21633.28     | 0.04%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | Board of Regents of the University of Texas System, Series 2025B                        | CUSIP: 91514ANA9<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10565.98     | 0.02%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Corpus Christi                                                           | Corpus Christi Utility System, Series 2024                                              | CUSIP: 2202452L7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55815.89     | 0.11%             | 2049-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2022C                                   | CUSIP: 544532FR0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21132.42     | 0.04%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North East Independent School District/TX                                        | North East Independent School District, Series 2007                                     | CUSIP: 6591543A4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27309.86     | 0.05%             | 2030-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | County of Harris, Series 2018A                                                          | CUSIP: 41423PAL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10415.84     | 0.02%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2024B                                            | CUSIP: 09182TEC7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    110000 | PA      | $116045.83    | 0.22%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No. 1                                       | Denver City & County School District No. 1, Series 2022A                                | CUSIP: 249174YM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16213.19     | 0.03%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2018C                                                       | CUSIP: 93974D2M9<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20728.73     | 0.04%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2025A                                                | CUSIP: 45204FB87<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     90000 | PA      | $101721.91    | 0.20%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Merrillville Multi School Building Corp.                                         | Merrillville Multi School Building Corp., Series 2022                                   | CUSIP: 590252QY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $42706.74     | 0.08%             | 2039-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2022                                                          | CUSIP: 196711UW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $28813.28     | 0.06%             | 2038-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2024D                                             | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    105000 | PA      | $111484.65    | 0.21%             | 2054-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2022A1                             | CUSIP: 64971XC48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10955.67     | 0.02%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2021C                                                       | CUSIP: 93974ELP9<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21625.51     | 0.04%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2018A                                                      | CUSIP: 605581KY2<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20293.51     | 0.04%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2024D                                            | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105859.17    | 0.20%             | 2055-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2024B                                                          | CUSIP: 34153QXX9<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21493.53     | 0.04%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2024                                                          | CUSIP: 452153KT5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     60000 | PA      | $66017.09     | 0.13%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Commerce Corp.                                                      | Rhode Island Commerce Corp., Series 2016B                                               | CUSIP: 762232AP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80350.58     | 0.15%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | County of Harris, Series 2022A                                                          | CUSIP: 41423PCJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10544.75     | 0.02%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2005                                              | CUSIP: 576002BP3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     65000 | PA      | $74295.59     | 0.14%             | 2034-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District, Series 2024C                         | CUSIP: 84136HAH6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106394.41    | 0.20%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                            | School District of Philadelphia (The), Series F                                         | CUSIP: 717883TH5<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15127.98     | 0.03%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Department of Transportation                                           | Wisconsin Department of Transportation, Series 2024-2                                   | CUSIP: 9771234Q8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $72068.61     | 0.14%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Guilford NC                                                            | County of Guilford, Series 2024                                                         | CUSIP: 401784T94<br>LEI: 549300OUKUGQGH8RCL96 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11231.70     | 0.02%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Iowa                                                                    | State of Iowa, Series 2019A                                                             | CUSIP: 46257TEU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $58406.47     | 0.11%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Department of Transportation                                           | Wisconsin Department of Transportation, Series 2024-2                                   | CUSIP: 9771234R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $56165.90     | 0.11%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2022A                                   | CUSIP: 544532EB6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104365.72    | 0.20%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2023B                                             | CUSIP: 57582R3T1<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11314.54     | 0.02%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2024A                                                      | CUSIP: 25476FD88<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     65000 | PA      | $72844.76     | 0.14%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coast Community College District                                                 | Coast Community College District, Series 2019F                                          | CUSIP: 190335JW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $27312.39     | 0.05%             | 2038-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Utah                                                                    | State of Utah, Series 2019                                                              | CUSIP: 917542WA6<br>LEI: 254900RWV9NSVUZONC07 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10605.12     | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series 2022D                                      | CUSIP: 1675933E0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $73944.80     | 0.14%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Series 2024A                                              | CUSIP: 1810594D5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $71423.29     | 0.14%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2019A                                        | CUSIP: 64990GJF0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16097.79     | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | Central Plains Energy Project, Series 2025A1                                            | CUSIP: 154872AY1<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21170.97     | 0.04%             | 2055-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Richland County School District No. 2/SC                                         | Richland County School District No. 2, Series 2023A                                     | CUSIP: 763682V81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11016.89     | 0.02%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 3 Puyallup                                     | Pierce County School District No. 3, Series 2017                                        | CUSIP: 720390ZP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10268.06     | 0.02%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2018A                                             | CUSIP: 882854G97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $73309.80     | 0.14%             | 2029-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series A1                                             | CUSIP: 709224YX1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15483.20     | 0.03%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Public Power District                                                   | Nebraska Public Power District, Series 2016B                                            | CUSIP: 63968AJ97<br>LEI: 5493001J0BLQRMOJKP23 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30050.22     | 0.06%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Series 2025I                                         | CUSIP: 594615PD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104083.80    | 0.20%             | 2050-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sports & Exhibition Authority of Pittsburgh & Allegheny County                   | Sports & Exhibition Authority of Pittsburgh & Allegheny County, Series 2022A            | CUSIP: 724791BY3<br>LEI: 254900JJT7A9Y409G258 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16294.47     | 0.03%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | City of Chicago, Series 2023B                                                           | CUSIP: 167727D45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10983.72     | 0.02%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority Central Regional Wastewater System Revenue               | Trinity River Authority Central Regional Wastewater System, Series 2018                 | CUSIP: 89658HWD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $57389.98     | 0.11%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | City of Austin, Series 2025                                                             | CUSIP: 0523973H7<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |     30000 | PA      | $33264.74     | 0.06%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2019A                                                       | CUSIP: 93974D4H8<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41094.91     | 0.08%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Houston                                                            | University of Houston, Series 2022A                                                     | CUSIP: 914302KK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $84651.22     | 0.16%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Educational Facilities Authority                               | Miami-Dade County Educational Facilities Authority, Series 2024A                        | CUSIP: 59333APB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51848.58     | 0.10%             | 2048-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Gainesville FL Utilities System Revenue                                  | City of Gainesville, Series 2017A                                                       | CUSIP: 362848UF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10281.62     | 0.02%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2021-1                                                | CUSIP: 45505MJP2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     75000 | PA      | $82358.99     | 0.16%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2019A                                                        | CUSIP: 54641CAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25848.92     | 0.05%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2023A1                                                         | CUSIP: 64966QF54<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21738.05     | 0.04%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | Energy Southeast A Cooperative District, Series 2024B                                   | CUSIP: 292723BN2<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106634.82    | 0.20%             | 2054-07-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                           | Lewisville Independent School District, Series 2024                                     | CUSIP: 52882PFP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $84736.65     | 0.16%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2024C                                      | CUSIP: 89602HHV2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11221.87     | 0.02%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series B                                          | CUSIP: 167593A36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20275.14     | 0.04%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville Water Co.                                                             | Louisville Water Co., Series 2025                                                       | CUSIP: 54659RGB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16590.49     | 0.03%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority, Series 2021A                                       | CUSIP: 92778VKW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $119700.88    | 0.23%             | 2032-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Series 2024A                                                          | CUSIP: 4140052S6<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10932.30     | 0.02%             | 2030-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | New York State Thruway Authority, Series P                                              | CUSIP: 6500092H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10434.61     | 0.02%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Corpus Christi TX Utility System Revenue                                 | City of Corpus Christi, Series 2024                                                     | CUSIP: 220245Z56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10778.42     | 0.02%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2023C                                      | CUSIP: 89602HGE1<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     70000 | PA      | $77365.58     | 0.15%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | Chicago Transit Authority, Series 2024A                                                 | CUSIP: 16772PEN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $63247.94     | 0.12%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nassau County Interim Finance Authority                                          | Nassau County Interim Finance Authority, Series 2021A                                   | CUSIP: 631663QW4<br>LEI: 549300DP7LB76W78BR41 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37021.94     | 0.07%             | 2032-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2024E                                   | CUSIP: 544532NV2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21611.84     | 0.04%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2024D                                                          | CUSIP: 64966SCC8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16337.76     | 0.03%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2017A                                        | CUSIP: 64990AGR0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30362.34     | 0.06%             | 2043-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | State of Maryland, Series 2021A                                                         | CUSIP: 574193UJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5041.34      | 0.01%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2024B                                   | CUSIP: 544525X94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5402.96      | 0.01%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2024A                                        | CUSIP: 64990AUF0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15437.98     | 0.03%             | 2051-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2023E1                          | CUSIP: 13013JDB9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105620.59    | 0.20%             | 2054-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2016-2                                             | CUSIP: 70914PE24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80905.62     | 0.16%             | 2026-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2024A                                                         | CUSIP: 246381TR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11042.46     | 0.02%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | Kentucky Public Energy Authority, Series 2024B                                          | CUSIP: 74440DFC3<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    130000 | PA      | $137610.10    | 0.26%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| North East Independent School District/TX                                        | North East Independent School District, Series 2007                                     | CUSIP: 6591542Y3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15736.02     | 0.03%             | 2028-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | State of Maryland, Series 2025A1                                                        | CUSIP: 574193XC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $17026.10     | 0.03%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Knoxville Airport Authority                                         | Metropolitan Knoxville Airport Authority, Series 2024A                                  | CUSIP: 592174AU0<br>LEI: 254900VWGT8D1GF6ZY16 | Long             | DBT              | MUN               | US        |     60000 | PA      | $61683.47     | 0.12%             | 2054-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2021B                                          | CUSIP: 709225DM5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11075.46     | 0.02%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Highland Park Independent School District/Dallas County                          | Highland Park Independent School District, Series 2024                                  | CUSIP: 430686RU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27148.84     | 0.05%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2019                                              | CUSIP: 882854U26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $75344.92     | 0.14%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2021D                                                      | CUSIP: 25476FYU6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     45000 | PA      | $46514.50     | 0.09%             | 2046-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2023A                                                      | CUSIP: 25476FA24<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21428.72     | 0.04%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2020B                                                        | CUSIP: 97705MTS4<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     55000 | PA      | $57769.17     | 0.11%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northside Independent School District                                            | Northside Independent School District, Series 2018                                      | CUSIP: 66702RTK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15494.22     | 0.03%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2017                                           | CUSIP: 709224A41<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51874.57     | 0.10%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fort Worth TX Water & Sewer System Revenue                               | City of Fort Worth, Series 2020A                                                        | CUSIP: 349515G91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45986.54     | 0.09%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Public Facilities Financing Authority                                  | San Diego Public Facilities Financing Authority, Series 2025A                           | CUSIP: 797299RY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21627.43     | 0.04%             | 2045-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arapahoe County School District No. 5 Cherry Creek                               | Arapahoe County School District No. 5, Series 2025                                      | CUSIP: 164555EH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5421.73      | 0.01%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                        | Harris County Cultural Education Facilities Finance Corp., Series 2017                  | CUSIP: 41401PCQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10269.02     | 0.02%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2019                                                 | CUSIP: 45204EX94<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10589.88     | 0.02%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | County of Jefferson, Series 2024                                                        | CUSIP: 472682YV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50563.71     | 0.10%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pflugerville Independent School District                                         | Pflugerville Independent School District, Series 2023A                                  | CUSIP: 717096DC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22067.65     | 0.04%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lone Star College System                                                         | Lone Star College System, Series 2016                                                   | CUSIP: 542264GQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35039.29     | 0.07%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Howell Public Schools                                                            | Howell Public Schools, Series 2025II                                                    | CUSIP: 443114WN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11045.68     | 0.02%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Denton TX Utility System Revenue                                         | City of Denton, Series 2017                                                             | CUSIP: 249015C55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76062.20     | 0.15%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | Metropolitan Transportation Authority, Series 2024B1                                    | CUSIP: 59260XCV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25577.81     | 0.05%             | 2052-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2024C                                   | CUSIP: 544532MP6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16007.30     | 0.03%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2021-1                                                | CUSIP: 45505MJJ6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47561.12     | 0.09%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District No. 114 Evergreen                                   | Clark County School District No. 114, Series 2020                                       | CUSIP: 181234R64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27212.54     | 0.05%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Series 2020A                             | CUSIP: 232769HA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10999.26     | 0.02%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp.                                               | New York Liberty Development Corp., Series 2005                                         | CUSIP: 531127AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $28405.91     | 0.05%             | 2035-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                      | Long Island Power Authority, Series 2020A                                               | CUSIP: 542691DK3<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |    105000 | PA      | $105952.21    | 0.20%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2018A                                        | CUSIP: 64990AHZ1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76708.75     | 0.15%             | 2044-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York & New Jersey, Series 245                                     | CUSIP: 73358XND0<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103454.82    | 0.20%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Capitol Improvement Authority                                           | Oklahoma Capitol Improvement Authority, Series 2024A                                    | CUSIP: 679088MS0<br>LEI: 549300LYHYBINTZ5AY71 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25760.79     | 0.05%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                     | County of DeKalb, Series 2022                                                           | CUSIP: 240523ZH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16464.90     | 0.03%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2017-3                                                       | CUSIP: 97705MKN4<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15222.15     | 0.03%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Contra Costa Unified School District                                        | West Contra Costa Unified School District, Series 2024B                                 | CUSIP: 95234AAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52211.80     | 0.10%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2022B                                   | CUSIP: 544532EU4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     95000 | PA      | $100291.10    | 0.19%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marion County School Board                                                       | Marion County School Board, Series 2024                                                 | CUSIP: 56879EHA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11185.26     | 0.02%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Denton TX Utility System Revenue                                         | City of Denton, Series 2017                                                             | CUSIP: 249015C48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10145.91     | 0.02%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Iowa                                                                    | State of Iowa, Series 2019A                                                             | CUSIP: 46257TET2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10656.29     | 0.02%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Denton TX Utility System Revenue                                         | City of Denton, Series 2017                                                             | CUSIP: 249015C22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $81259.99     | 0.16%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California, Series 2022BK                                                 | CUSIP: 91412HND1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $288317.62    | 0.55%             | 2052-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 405 Bellevue                                     | King County School District No. 405, Series 2016                                        | CUSIP: 495098YT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55917.74     | 0.11%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | Oklahoma Turnpike Authority, Series 2017C                                               | CUSIP: 679111XU3<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25330.29     | 0.05%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority Midwestern Disaster Area, Series 2022                            | CUSIP: 46246SAV7<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     80000 | PA      | $90096.46     | 0.17%             | 2050-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                           | Permanent University Fund - University of Texas System, Series 2024B                    | CUSIP: 915130BL1<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10755.27     | 0.02%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2019                                              | CUSIP: 882854V41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20840.31     | 0.04%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston, Series 2019A                                                           | CUSIP: 4423315C4<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26451.37     | 0.05%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of North Carolina                                                          | State of North Carolina, Series 2025A                                                   | CUSIP: 65829QFL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30810.84     | 0.06%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Elk Grove Unified School District                                                | Elk Grove Unified School District, Series 2023                                          | CUSIP: 287281YW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45046.76     | 0.09%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2025C                           | CUSIP: 13013JHD1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |     60000 | PA      | $62554.58     | 0.12%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Northwest Independent School District                                            | Northwest Independent School District, Series 2023                                      | CUSIP: 667826EC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108209.28    | 0.21%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2023A                                                         | CUSIP: 246381SN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $45006.14     | 0.09%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2017A                                        | CUSIP: 64990AGL3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     70000 | PA      | $71069.99     | 0.14%             | 2038-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2017-2                                                       | CUSIP: 97705MJJ5<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15222.15     | 0.03%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency, Series 2022                                   | CUSIP: 57584Y3V9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105979.41    | 0.20%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Polk County School District                                                      | Polk County School District, Series 2019                                                | CUSIP: 731127DB9<br>LEI: 549300N07FMPTRZO0044 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42555.10     | 0.08%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Series 2021A                                                           | CUSIP: 68609TE46<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21851.50     | 0.04%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Sports Authority             | Metropolitan Government of Nashville & Davidson County, Series 2023A                    | CUSIP: 592090JY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10497.44     | 0.02%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Jefferson Parish Consolidated Waterworks District No. 2                          | Jefferson Parish Consolidated Waterworks District No. 2, Series 2022                    | CUSIP: 474502ES6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25451.17     | 0.05%             | 2038-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2023A                                                             | CUSIP: 677523GR7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     60000 | PA      | $67808.53     | 0.13%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series B2                                             | CUSIP: 709224XH7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40922.17     | 0.08%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | Metropolitan Atlanta Rapid Transit Authority, Series 2017C                              | CUSIP: 5917453L6<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |    175000 | PA      | $158168.50    | 0.30%             | 2039-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Richardson Independent School District                                           | Richardson Independent School District, Series 2022A                                    | CUSIP: 7632617S7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16048.18     | 0.03%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2021-1                                                       | CUSIP: 97705MSN6<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10917.09     | 0.02%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2016                                           | CUSIP: 709224RU5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76084.86     | 0.15%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2024C                                             | CUSIP: 56035DHT2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    130000 | PA      | $137187.31    | 0.26%             | 2054-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Series 2024D                                                       | CUSIP: 79625GLD3<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10816.94     | 0.02%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Collin County Community College District                                         | Collin County Community College District, Series 2020A                                  | CUSIP: 194741HL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37302.62     | 0.07%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson Sales Tax District                                                     | Jefferson Sales Tax District, Series 2019B                                              | CUSIP: 474176KZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10724.60     | 0.02%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2024                                             | CUSIP: 54811BK67<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16024.36     | 0.03%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                            | Tennessee State School Bond Authority, Series 2022A                                     | CUSIP: 880558QD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21426.51     | 0.04%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Buildings Commission                                          | CUSIP: 49151FTE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35764.66     | 0.07%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2019C1                             | CUSIP: 64971XKM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15603.62     | 0.03%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2020B                                                         | CUSIP: 4521526V8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16095.35     | 0.03%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2024C                                                            | CUSIP: 235219YK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76604.93     | 0.15%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2015A                                             | CUSIP: 882854WY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65004.00     | 0.12%             | 2045-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2021A                                     | CUSIP: 452252PW3<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     85000 | PA      | $89145.03     | 0.17%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Series 2020A                                                          | CUSIP: 29270C3T0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75371.68     | 0.14%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2023                                                         | CUSIP: 604140XP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11196.11     | 0.02%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2021A                                                        | CUSIP: 60412AWH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10589.85     | 0.02%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2017A                                                         | CUSIP: 452152T35<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     55000 | PA      | $56289.21     | 0.11%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Series 2022A                                                          | CUSIP: 414005N46<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37618.70     | 0.07%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2018B                                                      | CUSIP: 25476FWT1<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47286.94     | 0.09%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                           | Hillsborough County Aviation Authority, Series 2022B                                    | CUSIP: 432308S54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103245.89    | 0.20%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | Dallas Independent School District, Series 2026A                                        | CUSIP: 235308V42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16716.23     | 0.03%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2018D                                   | CUSIP: 5444956C3<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20441.24     | 0.04%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2021-2                                                         | CUSIP: 64966QWQ9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | STIV             | MUN               | US        |    300000 | PA      | $300000.00    | 0.58%             | 2042-04-01      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| Westmoreland County Municipal Authority                                          | Westmoreland County Municipal Authority, Series 2025A                                   | CUSIP: 961017SY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $82036.62     | 0.16%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2022A                                                      | CUSIP: 25477GUK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16700.11     | 0.03%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | Oklahoma State Turnpike Authority, Series 2017C                                         | CUSIP: 679111XT6<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |     95000 | PA      | $96279.55     | 0.18%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Rhode Island                                                            | State of Rhode Island, Series 2022A                                                     | CUSIP: 762223NM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22207.81     | 0.04%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Series 2025A                                              | CUSIP: 1810596D3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $66540.59     | 0.13%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Alabama (The)                                                      | University of Alabama (The), Series 2019A                                               | CUSIP: 914026UJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107037.98    | 0.21%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2016A                                        | CUSIP: 64990CJE2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     35000 | PA      | $33288.04     | 0.06%             | 2034-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Killeen Independent School District                                              | Killeen Independent School District, Series 2018                                        | CUSIP: 494152UP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $78414.50     | 0.15%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Governmental Facilities Authority                                          | Maine Governmental Facilities Authority, Series 2025A                                   | CUSIP: 56041MYR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10720.14     | 0.02%             | 2045-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2016B                                                      | CUSIP: 605581HS9<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25418.33     | 0.05%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2024D                           | CUSIP: 13013JFD3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37485.83     | 0.07%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Erie County Fiscal Stability Authority                                           | Erie County Fiscal Stability Authority, Series 2017D                                    | CUSIP: 29508RKW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $92011.44     | 0.18%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Utah (The)                                                         | University of Utah, Series 2023B                                                        | CUSIP: 9151833S4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $78934.07     | 0.15%             | 2048-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2021                                                          | CUSIP: 246381QT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21756.79     | 0.04%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority, Series 2026AA2                         | CUSIP: 64972GS21<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |     75000 | PA      | $77695.51     | 0.15%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                                    | New York State Environmental Facilities Corp., Series 2024A                             | CUSIP: 64986DNZ4<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |     35000 | PA      | $39167.22     | 0.08%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp.                                       | Monroe County Industrial Development Corp., Series 2020A                                | CUSIP: 61075TUV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $160419.96    | 0.31%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2017                                           | CUSIP: 709224E39<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    110000 | PA      | $110556.72    | 0.21%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp.                         | Texas Private Activity Bond Surface Transportation Corp., Series 2019A                  | CUSIP: 882667AP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $42445.02     | 0.08%             | 2030-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District, Series 2025F                         | CUSIP: 84136JAE9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106356.15    | 0.20%             | 2030-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta, Series 2017A                                                           | CUSIP: 047870NX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10390.28     | 0.02%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Series 2025C                                                           | CUSIP: 68609UQM0<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10922.06     | 0.02%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                                             | State of Michigan, Series 2023                                                          | CUSIP: 5946954P0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20908.35     | 0.04%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                               | Austin Independent School District, Series 2021                                         | CUSIP: 052430SL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26903.10     | 0.05%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2023B1                          | CUSIP: 13013JCB0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |     75000 | PA      | $78653.63     | 0.15%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Transportation Infrastructure Bank                                | South Carolina Transportation Infrastructure Bank, Series 2017A                         | CUSIP: 837152UU9<br>LEI: 549300YI1NMCP4VLJN43 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15322.32     | 0.03%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2020A                                                        | CUSIP: 60412ATN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48470.00     | 0.09%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Turnpike Authority                                                      | Kentucky Turnpike Authority, Series 2022A                                               | CUSIP: 491552R98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27477.83     | 0.05%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                      | Omaha Public Power District, Series 2024C                                               | CUSIP: 682001NJ7<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35919.70     | 0.07%             | 2054-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | City of Chicago, Series 2004                                                            | CUSIP: 167736F69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20270.51     | 0.04%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District, Series 2025F                         | CUSIP: 84136JAL3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    100000 | PA      | $107940.19    | 0.21%             | 2055-11-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | State of Illinois, Series 2021C                                                         | CUSIP: 452227SG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10886.60     | 0.02%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2024F1                             | CUSIP: 64972JGX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $92399.51     | 0.18%             | 2054-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | Dallas Independent School District, Series 2024                                         | CUSIP: 235308P64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53609.87     | 0.10%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2022-1                                                            | CUSIP: 677581JN1<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     55000 | PA      | $59933.78     | 0.11%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 412 Shoreline                                    | King County School District No. 412, Series 2018                                        | CUSIP: 495242M71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $73986.83     | 0.14%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2022B                                                        | CUSIP: 60412AZB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33258.04     | 0.06%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2021A                                                         | CUSIP: 196711TV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55099.76     | 0.11%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                                  | Central Valley Energy Authority, Series 2025                                            | CUSIP: 15569DAA0<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |     70000 | PA      | $75325.18     | 0.14%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency, Series 2025A2                                 | CUSIP: 57585BGU6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    100000 | PA      | $114510.23    | 0.22%             | 2055-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2025B                                   | CUSIP: 23503CFB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $65113.16     | 0.12%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2023A                                                    | CUSIP: 46247SDL5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27804.29     | 0.05%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Series 2016I                                         | CUSIP: 594615FW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10038.66     | 0.02%             | 2046-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Department of Transportation State Highway Fund Revenue                  | Arizona Department of Transportation State Highway Fund, Series 2023                    | CUSIP: 040654YG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20125.92     | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | Chicago Transit Authority, Series 2024A                                                 | CUSIP: 16772PEK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21340.56     | 0.04%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2021E                                                      | CUSIP: 25476FZA9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10455.16     | 0.02%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2022D                                                        | CUSIP: 60412AA52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44507.86     | 0.09%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas, Series 2018A                                                           | CUSIP: 485424SL0<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10270.03     | 0.02%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston, Series 2016B                                                           | CUSIP: 44244CGK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45658.73     | 0.09%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | Metropolitan Government of Nashville & Davidson County, Series 2024                     | CUSIP: 592029DA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46694.67     | 0.09%             | 2054-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2017A                                                      | CUSIP: 605581JJ7<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25317.07     | 0.05%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio State University (The)                                                      | Ohio State University (The), Series 2021A                                               | CUSIP: 677632L90<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11125.75     | 0.02%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Transportation State Highway Fund                            | Texas Department of Transportation, Series 2016-A                                       | CUSIP: 88283LKL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75905.34     | 0.15%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | Central Plains Energy Project, Series 2017A                                             | CUSIP: 154871CE5<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41670.42     | 0.08%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sports & Exhibition Authority of Pittsburgh & Allegheny County                   | Sports & Exhibition Authority of Pittsburgh & Allegheny County, Series 2022A            | CUSIP: 724791BW7<br>LEI: 254900JJT7A9Y409G258 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21926.80     | 0.04%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2024                                             | CUSIP: 54811BL33<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10262.91     | 0.02%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                     | Salt River Project, Series 2016A                                                        | CUSIP: 79574CBU6<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10175.79     | 0.02%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Electric Revenue       | Metropolitan Government of Nashville & Davidson County, Series 2024A                    | CUSIP: 592030R36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55109.69     | 0.11%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2026B                           | CUSIP: 13013JHM1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103849.03    | 0.20%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook Kane Lake & McHenry Counties Community College District No. 512             | Cook Kane Lake & McHenry Counties, Series 2020                                          | CUSIP: 216181GV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30711.86     | 0.06%             | 2031-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Loudoun VA                                                             | County of Loudoun, Series 2020A                                                         | CUSIP: 54589TJH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16269.46     | 0.03%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Finance Corp.                                               | Texas Transportation Finance Corp., Series 2025A                                        | CUSIP: 88283PAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $75130.08     | 0.14%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | Board of Regents of the University of Texas System, Series 2019A                        | CUSIP: 91514AJK2<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16052.72     | 0.03%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2024A                                                         | CUSIP: 196711VS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48685.76     | 0.09%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Tennessee                                                               | State of Tennessee, Series 2023A                                                        | CUSIP: 880541G92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20549.24     | 0.04%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2022                                             | CUSIP: 54811GL40<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47662.97     | 0.09%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA                                                              | County of DeKalb, Series 2016                                                           | CUSIP: 240451YH1<br>LEI: 54930077BXREPE6WKC96 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15239.87     | 0.03%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maine                                                                   | State of Maine, Series 2020B                                                            | CUSIP: 56052AE51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10727.83     | 0.02%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority                               | Montgomery County Industrial Development Authority, Series 2023B                        | CUSIP: 61361TAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25732.28     | 0.05%             | 2029-06-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series F                                          | CUSIP: 167593XU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $84717.09     | 0.16%             | 2042-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of North Carolina                                                          | State of North Carolina, Series 2019                                                    | CUSIP: 658268EE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $84373.83     | 0.16%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston, Series 2017A                                                           | CUSIP: 442331U77<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20375.17     | 0.04%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Sewage Disposal System Revenue                       | Great Lakes Water Authority, Series 2025B                                               | CUSIP: 39081HGT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11297.76     | 0.02%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | State of Maryland, Series 2025B                                                         | CUSIP: 574204X57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $78991.44     | 0.15%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Horry County School District/SC                                                  | Horry County School District, Series 2024                                               | CUSIP: 440673K67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40928.32     | 0.08%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Garland TX Electric Utility System Revenue                               | City of Garland, Series 2019A                                                           | CUSIP: 366133NM4<br>LEI: 549300O5KXJ5HAWVEN53 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16147.97     | 0.03%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California, Series 2023BM                                                 | CUSIP: 91412HNT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11057.59     | 0.02%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | State of Illinois, Series 2025B                                                         | CUSIP: 452227VK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26931.03     | 0.05%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Transportation Commission                              | San Diego County Regional Transportation Commission, Series 2023A                       | CUSIP: 797400PQ5<br>LEI: W4FR340A6EQ2SSI17B56 | Long             | DBT              | MUN               | US        |     30000 | PA      | $34571.70     | 0.07%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Series 2007C                                                          | CUSIP: 4140043V1<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15154.05     | 0.03%             | 2026-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | Energy Southeast A Cooperative District, Series 2023A1                                  | CUSIP: 292723AK9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |    100000 | PA      | $107540.47    | 0.21%             | 2053-11-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                     | Massachusetts Bay Transportation Authority, Series 2024A                                | CUSIP: 575579W29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $78732.36     | 0.15%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2019A                                            | CUSIP: 54811BTZ4<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     45000 | PA      | $46019.41     | 0.09%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2023A                                     | CUSIP: 452252QC6<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     75000 | PA      | $79494.45     | 0.15%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grapevine-Colleyville Independent School District                                | Grapevine-Colleyville Independent School District, Series 2025                          | CUSIP: 3886407H1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16153.24     | 0.03%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | City of Chicago, Series 2023B                                                           | CUSIP: 167736W94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10663.75     | 0.02%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2022                                              | CUSIP: 8828547W6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $65301.91     | 0.13%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2022A                                                       | CUSIP: 93974ESB3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     60000 | PA      | $62171.80     | 0.12%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                   | Wayne County Airport Authority, Series 2023C                                            | CUSIP: 944514N46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16459.74     | 0.03%             | 2041-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series E                                          | CUSIP: 167593WX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10188.22     | 0.02%             | 2028-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Harris County Regional Water Authority                                     | County of North Harris, Series 2016                                                     | CUSIP: 65956NGU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10137.92     | 0.02%             | 2031-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Memphis TN                                                               | City of Memphis, Series 2018                                                            | CUSIP: 586145T53<br>LEI: 254900N4APYJWTAF5J46 | Long             | DBT              | MUN               | US        |    115000 | PA      | $108887.31    | 0.21%             | 2038-06-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Westfield-Washington Multi-School Building Corp.                                 | Westfield-Washington Multi-School Building Corp., Series 2024A                          | CUSIP: 96023PPA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $71794.42     | 0.14%             | 2036-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Public School and College Authority                                      | Alabama Public School and College Authority, Series 2020A                               | CUSIP: 010609FL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10875.95     | 0.02%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas, Series 2018A                                                           | CUSIP: 485424SJ5<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |     60000 | PA      | $61794.99     | 0.12%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wyandotte County Unified School District No. 500 Kansas City                     | Wyandotte County Unified School District No. 500, Series A                              | CUSIP: 982696QY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60691.94     | 0.12%             | 2042-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2025B                                                             | CUSIP: 67759HRZ9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5316.83      | 0.01%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2017                                                 | CUSIP: 45204EXW3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30520.93     | 0.06%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2025D                                            | CUSIP: 09182TFT9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105809.18    | 0.20%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2022A                                                             | CUSIP: 677523DX7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10808.56     | 0.02%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma State University                                                        | Oklahoma State University, Series 2020A                                                 | CUSIP: 679191HH2<br>LEI: 254900M845UI413F1O58 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16344.11     | 0.03%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2018C                                                       | CUSIP: 93974D2K3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103971.05    | 0.20%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gainesville FL Utilities System Revenue                                  | City of Gainesville, Series 2017A                                                       | CUSIP: 362848UG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25670.75     | 0.05%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Memphis TN                                                               | City of Memphis, Series 2018                                                            | CUSIP: 586145U51<br>LEI: 254900N4APYJWTAF5J46 | Long             | DBT              | MUN               | US        |     45000 | PA      | $41652.66     | 0.08%             | 2046-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin Environmental Improvement Fund Revenue                        | State of Wisconsin, Series 2024A                                                        | CUSIP: 97709TEJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $50644.09     | 0.10%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Springfield School District No. R-12                                             | Springfield School District No. R-12, Series 2019                                       | CUSIP: 851035UE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41025.73     | 0.08%             | 2034-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                           | Utah Transit Authority, Series 2018-2                                                   | CUSIP: 917567DX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10256.97     | 0.02%             | 2040-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2020                                                       | CUSIP: 25483VWT7<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    120000 | PA      | $128830.28    | 0.25%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Portland OR Sewer System Revenue                                         | City of Portland, Series 2018A                                                          | CUSIP: 736742ZJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10013.25     | 0.02%             | 2030-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                           | City of Mesa, Series 2023                                                               | CUSIP: 5905452P3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $83417.31     | 0.16%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2023                                                         | CUSIP: 604140XL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11202.71     | 0.02%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Harris County Regional Water Authority                                     | North Harris County Regional Water Authority, Series 2016                               | CUSIP: 65956NGR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10157.43     | 0.02%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2021F1                                                         | CUSIP: 64966QVM9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     70000 | PA      | $74769.97     | 0.14%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2020A                                                        | CUSIP: 60412ATJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27322.89     | 0.05%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL Sales Tax Revenue                                              | County of Cook, Series 2022A                                                            | CUSIP: 213248DD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $57902.70     | 0.11%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2022A                                                | CUSIP: 45884AB85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26133.99     | 0.05%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas, Series 2024A                                                           | CUSIP: 485424TK1<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10779.82     | 0.02%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2022C                                                          | CUSIP: 34153QWP7<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     45000 | PA      | $46343.73     | 0.09%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                   | Empire State Development Corp., Series 2024A                                            | CUSIP: 64985TGD7<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103089.10    | 0.20%             | 2050-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2017                                                     | CUSIP: 46246K4C3<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20643.25     | 0.04%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2025                                             | CUSIP: 54811BR86<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     55000 | PA      | $56039.43     | 0.11%             | 2055-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | Metropolitan Transportation Authority, Series 2025A                                     | CUSIP: 59261A4T1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16706.72     | 0.03%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2020B                                                         | CUSIP: 4521526Q9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    105000 | PA      | $106142.65    | 0.20%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2020B                                   | CUSIP: 2350365T3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10143.95     | 0.02%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Series 2021A                                                          | CUSIP: 29270C4K8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $79230.02     | 0.15%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2025C                                                             | CUSIP: 677523ND0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    100000 | PA      | $109897.46    | 0.21%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2024A1                                     | CUSIP: 89602RLQ6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10773.36     | 0.02%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | Pennsylvania Higher Educational Facilities Authority, Series AT1                        | CUSIP: 70917TPA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $26864.18     | 0.05%             | 2045-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2020B                                          | CUSIP: 67766WZW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10740.13     | 0.02%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of North Carolina                                                          | State of North Carolina, Series 2020B                                                   | CUSIP: 65829QEG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $38528.02     | 0.07%             | 2033-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Series 2007C                                                          | CUSIP: 4140043Y5<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27086.74     | 0.05%             | 2029-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Forney Independent School District                                               | Forney Independent School District, Series 2023                                         | CUSIP: 346425JX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $72010.88     | 0.14%             | 2048-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2024A                                   | CUSIP: 544532KQ6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10496.55     | 0.02%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Travis TX                                                              | County of Travis, Series 2019A                                                          | CUSIP: 89453PH28<br>LEI: 549300HEC6MNL5465K30 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15906.32     | 0.03%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2019D1                                                         | CUSIP: 64966QBA7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     80000 | PA      | $82607.98     | 0.16%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District Sales Tax Revenue                               | Regional Transportation District, Series 2013A                                          | CUSIP: 759136SA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10848.78     | 0.02%             | 2036-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | County of Harris, Series 2022A                                                          | CUSIP: 41423PCH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20658.31     | 0.04%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2021A                                         | CUSIP: 696550H39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $64616.59     | 0.12%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton TN                                                            | County of Hamilton, Series 2018A                                                        | CUSIP: 4073246N7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15736.29     | 0.03%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aldine Independent School District                                               | Aldine Independent School District, Series 2017A                                        | CUSIP: 014393XF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35674.04     | 0.07%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North East Independent School District/TX                                        | North East Independent School District, Series 2007                                     | CUSIP: 6591542X5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20455.01     | 0.04%             | 2027-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2023A                                        | CUSIP: 64990F4K7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16434.14     | 0.03%             | 2037-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2022                                                          | CUSIP: 196711UZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $28508.97     | 0.05%             | 2041-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission, Series 2024A                             | CUSIP: 49151F2L3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11311.71     | 0.02%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2017D                                                       | CUSIP: 93974DF29<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     70000 | PA      | $71354.73     | 0.14%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2025D                              | CUSIP: 64972JNP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30828.88     | 0.06%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Travis TX                                                              | County of Travis, Series 2016A                                                          | CUSIP: 89453PYF0<br>LEI: 549300HEC6MNL5465K30 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35068.11     | 0.07%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Comal Independent School District                                                | Comal Independent School District, Series 2024                                          | CUSIP: 1998207M7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10459.01     | 0.02%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2026A1                             | CUSIP: 64972JWL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53585.16     | 0.10%             | 2050-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | City of Philadelphia, Series 2024C                                                      | CUSIP: 7178933P4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16658.06     | 0.03%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2022B                                         | CUSIP: 696550J94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27625.63     | 0.05%             | 2036-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                      | New Jersey Educational Facilities Authority, Series A2                                  | CUSIP: 646067KE7<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |     80000 | PA      | $92166.46     | 0.18%             | 2064-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas, Series 2017A                                                           | CUSIP: 485424RE7<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10356.57     | 0.02%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Houston of Harris County Texas                                 | Port Authority of Houston of Harris County Texas, Series 2020A2                         | CUSIP: 7342606E7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31086.24     | 0.06%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | San Antonio Water System, Series 2020A                                                  | CUSIP: 79642GHC9<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10491.78     | 0.02%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Series 2019A                                                          | CUSIP: 29270C2U8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31380.89     | 0.06%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2018A                            | CUSIP: 6461364D0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36807.79     | 0.07%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2024A                                                         | CUSIP: 246381TQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16652.72     | 0.03%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                                  | Central Valley Energy Authority, Series 2026                                            | CUSIP: 15569DAG7<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |     75000 | PA      | $78888.61     | 0.15%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Tourist Development Tax Revenue                             | County of Broward, Series 2021                                                          | CUSIP: 115085AG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5369.79      | 0.01%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                              | County of Nassau, Series 2024A                                                          | CUSIP: 63165T5S0<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15903.30     | 0.03%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | New York City Transitional Finance Authority, Series 2024G1                             | CUSIP: 64972JJB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $83894.42     | 0.16%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Series 2016I                                         | CUSIP: 594615FJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $106320.57    | 0.20%             | 2028-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | Southern California Public Power Authority, Series 2024-1                               | CUSIP: 842469CD8<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |    115000 | PA      | $122450.95    | 0.23%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2016C                                                 | CUSIP: 45470RCU8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     85000 | PA      | $86310.20     | 0.17%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland State Transportation Authority                                          | Maryland State Transportation Authority, Series 2020                                    | CUSIP: 574300ME6<br>LEI: 254900MKNK0MO0Z4X426 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21603.07     | 0.04%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                                         | Arizona Board of Regents, Series 2024                                                   | CUSIP: 04048RXH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10224.49     | 0.02%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                           | City of San Antonio, Series 2019                                                        | CUSIP: 79623PCY9<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10668.07     | 0.02%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | Indianapolis Local Public Improvement Bond Bank, Series 2019A                           | CUSIP: 45528UYY1<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    150000 | PA      | $158269.28    | 0.30%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Arkansas                                                           | University of Arkansas, Series 2021A                                                    | CUSIP: 914073BA8<br>LEI: 549300FFADBQ3NEI2D96 | Long             | DBT              | MUN               | US        |     85000 | PA      | $87753.73     | 0.17%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2023C                                      | CUSIP: 89602HGF8<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27953.14     | 0.05%             | 2039-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Royse City Independent School District/TX                                        | Royse City Independent School District, Series 2023                                     | CUSIP: 780869XX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $66855.96     | 0.13%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-De Anza Community College District                                      | Foothill-De Anza Community College District, Series 2021A                               | CUSIP: 345102NL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $45773.06     | 0.09%             | 2038-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                        | Harris County Cultural Education Facilities Finance Corp. Thermal Utility, Series 2017  | CUSIP: 41401PCK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $98351.83     | 0.19%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2020                                             | CUSIP: 54811BVA6<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10184.12     | 0.02%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2024C                           | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10376.58     | 0.02%             | 2055-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Series 2022B                                             | CUSIP: 66285WK62<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10400.41     | 0.02%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2024                                             | CUSIP: 54811GP38<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    100000 | PA      | $107360.54    | 0.21%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2016B                                                      | CUSIP: 605581HV2<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55920.32     | 0.11%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Assessment Revenue                    | Massachusetts Bay Transportation Authority, Series 2022A1                               | CUSIP: 575577NS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11024.23     | 0.02%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                                    | New York State Environmental Facilities Corp., Series 2024A                             | CUSIP: 64986DNY7<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |     50000 | PA      | $56306.50     | 0.11%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin, Series 2022                                                             | CUSIP: 052477PH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $116757.19    | 0.22%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                               | City of Seattle, Series 2025                                                            | CUSIP: 812643E67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10678.92     | 0.02%             | 2045-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - Texas A&M University System                          | Permanent University Fund - Texas A&M University System, Series 2025A                   | CUSIP: 8821178F4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11067.89     | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2025AA                           | CUSIP: 64613CHF8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11200.61     | 0.02%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | Kansas Development Finance Authority, Series 2023SRF                                    | CUSIP: 48542RXB5<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |     75000 | PA      | $84290.76     | 0.16%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2025A                                                        | CUSIP: 60412AV42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10960.99     | 0.02%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2019A                                                            | CUSIP: 235219PM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26626.71     | 0.05%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency, Series 2021V                                  | CUSIP: 57584YN54<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104268.45    | 0.20%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Orlando FL                                                               | City of Orlando, Series 2025                                                            | CUSIP: 686432BY0<br>LEI: G8GZFWRIKS3AFD6AWU52 | Long             | DBT              | MUN               | US        |     75000 | PA      | $79350.93     | 0.15%             | 2050-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2022A                                                    | CUSIP: 46247SCM4<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32451.29     | 0.06%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2024F                           | CUSIP: 13013JFR2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    115000 | PA      | $123604.88    | 0.24%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Park Creek Metropolitan District                                                 | Park Creek Metropolitan District, Series 2025                                           | CUSIP: 700385CD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10644.28     | 0.02%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                           | City of San Antonio, Series 2019                                                        | CUSIP: 79623PCX1<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     60000 | PA      | $64168.17     | 0.12%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston, Series 2018D                                                           | CUSIP: 44244CSN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10586.25     | 0.02%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2024B                                             | CUSIP: 57582R8A7<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     55000 | PA      | $56481.11     | 0.11%             | 2054-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2019A                                          | CUSIP: 709224P37<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20977.49     | 0.04%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | California State Public Works Board, Series 2024C                                       | CUSIP: 13068XME6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16771.17     | 0.03%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2022A                                                        | CUSIP: 60412AXX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41328.27     | 0.08%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Water & Sewer System Revenue                                | City of Charlotte, Series 2022A                                                         | CUSIP: 161045RK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16427.22     | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2021A                                                    | CUSIP: 46247SAQ7<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     40000 | PA      | $43457.08     | 0.08%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                             | School District of Broward County, Series 2020A                                         | CUSIP: 115065C44<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |     60000 | PA      | $64256.79     | 0.12%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                      | Omaha Public Power District, Series 2023A                                               | CUSIP: 682001JU7<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105445.49    | 0.20%             | 2048-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Series 2024A                                                    | CUSIP: 46247SFR0<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |     35000 | PA      | $39941.93     | 0.08%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2022A1                                                         | CUSIP: 64966QXW5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25718.54     | 0.05%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Loudoun County Economic Development Authority                                    | Loudoun County Economic Development Authority, Series 2020A                             | CUSIP: 54589SFX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55921.05     | 0.11%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No. 1                                       | Denver City & County School District No. 1, Series 2022A                                | CUSIP: 249174YP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21135.10     | 0.04%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2021B                                                        | CUSIP: 60412AXC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56937.75     | 0.11%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gilbert Water Resource Municipal Property Corp.                                  | Gilbert Water Resource Municipal Property Corp., Series 2022                            | CUSIP: 37530ABT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10941.27     | 0.02%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2019A                                   | CUSIP: 5444956M1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     50000 | PA      | $52166.07     | 0.10%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Alaska                                                                  | State of Alaska, Series 2024A                                                           | CUSIP: 0117705L4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21515.84     | 0.04%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Industries Authority                                                    | Oklahoma Industries Authority, Series 2024                                              | CUSIP: 67910FAF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43229.93     | 0.08%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | Board of Regents of the University of Texas System, Series 2019B                        | CUSIP: 91514AJV8<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    100000 | PA      | $108054.64    | 0.21%             | 2049-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas A&M University                                                             | Texas A&M University, Series 2024A                                                      | CUSIP: 88213ATJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16331.94     | 0.03%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2024F1                             | CUSIP: 64972JGU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51372.36     | 0.10%             | 2048-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2025C1                                                         | CUSIP: 64966SHG4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     65000 | PA      | $66893.66     | 0.13%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Merrillville Multi School Building Corp.                                         | Merrillville Multi School Building Corp., Series 2022                                   | CUSIP: 590252QW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43205.30     | 0.08%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | Oklahoma State Turnpike Authority, Series 2020A                                         | CUSIP: 679111A87<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50925.21     | 0.10%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2017A                                        | CUSIP: 64990AGQ2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30391.92     | 0.06%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                                    | New York State Environmental Facilities Corp., Series 2022B                             | CUSIP: 64985HR41<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21545.65     | 0.04%             | 2042-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Loudoun County Economic Development Authority                                    | Loudoun County Economic Development Authority, Series 2022A                             | CUSIP: 54601TAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $54192.47     | 0.10%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2025A                                        | CUSIP: 64990KGR8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16026.83     | 0.03%             | 2044-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | South Carolina Public Service Authority, Series 2025A                                   | CUSIP: 8371515L9<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10805.68     | 0.02%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tomball Independent School District                                              | Tomball Independent School District, Series 2024                                        | CUSIP: 889855X23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26138.17     | 0.05%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | Central Puget Sound Regional Transit Authority, Series 2016S1                           | CUSIP: 155048DD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $91265.50     | 0.17%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 403 Bethel                                     | Pierce County School District .No 403, Series 2019                                      | CUSIP: 720611YF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $84443.57     | 0.16%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County School Board (The)                                                    | Lee County School Board (The), Series 2023A                                             | CUSIP: 523494RH7<br>LEI: 54930014H67DITNA1Q29 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15957.67     | 0.03%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2025D                              | CUSIP: 64972JND6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11011.52     | 0.02%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mesquite Independent School District                                             | Mesquite Independent School District, Series 2025                                       | CUSIP: 590760VH4<br>LEI: 549300M7COV11VUIZE16 | Long             | DBT              | MUN               | US        |     75000 | PA      | $77708.99     | 0.15%             | 2049-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Series 2017A                                                          | CUSIP: 29270CV93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10294.00     | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2020                                                 | CUSIP: 45204FFD2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15283.20     | 0.03%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Finance Corp.                                               | Texas Transportation Finance Corp., Series 2025A                                        | CUSIP: 88283PAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $73516.20     | 0.14%             | 2055-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Utah                                                                    | State of Utah, Series 2020B                                                             | CUSIP: 917542XD9<br>LEI: 254900RWV9NSVUZONC07 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47946.59     | 0.09%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King WA Sewer Revenue                                                  | County of King, Series 2024A                                                            | CUSIP: 495290FR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $88241.87     | 0.17%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2022A                                                       | CUSIP: 93974ERH1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10564.37     | 0.02%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2018-1                                                            | CUSIP: 677581GW4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35173.00     | 0.07%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chandler AZ                                                              | City of Chandler, Series 2026                                                           | CUSIP: 158843ZV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $113440.69    | 0.22%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Multnomah County School District No. 1J Portland                                 | Multnomah County School District No. 1J Portland, Series 2020B                          | CUSIP: 625517LP0<br>LEI: 5493002CTP8R8T4OPS64 | Long             | DBT              | MUN               | US        |     40000 | PA      | $38590.47     | 0.07%             | 2033-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | Southern California Public Power Authority, Series 2023-1                               | CUSIP: 842469AK4<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22166.95     | 0.04%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | South Carolina Public Service Authority, Series 2014C                                   | CUSIP: 837151KX6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |     80000 | PA      | $74157.35     | 0.14%             | 2045-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | San Antonio Water System, Series 2025C                                                  | CUSIP: 79642GTA0<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11024.46     | 0.02%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                               | Austin Independent School District, Series 2019                                         | CUSIP: 052430QC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10555.04     | 0.02%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Series 2020A                                              | CUSIP: 181059N93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $42679.64     | 0.08%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Series 2024A                                                       | CUSIP: 79625GJH7<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |     50000 | PA      | $55592.62     | 0.11%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | San Antonio Water System, Series 2024B                                                  | CUSIP: 79642GRQ7<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31333.93     | 0.06%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2024A                                                      | CUSIP: 25476FE95<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15931.49     | 0.03%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series 2017B                                      | CUSIP: 167593A51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101231.06    | 0.19%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pima County Unified School District No. 1 Tucson                                 | Pima County Unified School District No. 1, Series 2024A                                 | CUSIP: 721799J88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10690.67     | 0.02%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2020B                                   | CUSIP: 2350365Z9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21704.54     | 0.04%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series 2020B                                      | CUSIP: 167593Q96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16170.37     | 0.03%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                             | Oregon State Lottery, Series 2022A                                                      | CUSIP: 68607V3E3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53322.99     | 0.10%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lamar Consolidated Independent School District                                   | Lamar Consolidated Independent School District, Series 2023A                            | CUSIP: 513174L34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $135185.15    | 0.26%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Series 2025                              | CUSIP: 232769PY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36599.99     | 0.07%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2018A                                                      | CUSIP: 605581LA3<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25366.89     | 0.05%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | Dallas Independent School District, Series 2024                                         | CUSIP: 235308P31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $54422.71     | 0.10%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Water & Sewer System Revenue                                | City of Charlotte, Series 2020                                                          | CUSIP: 161045QK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10951.48     | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                   | Sales Tax Securitization Corp., Series 2020A                                            | CUSIP: 79467BCS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35600.09     | 0.07%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2022A                                      | CUSIP: 89602HCH8<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     90000 | PA      | $95874.88     | 0.18%             | 2052-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Mecklenburg NC                                                         | County of Mecklenburg, Series 2017A                                                     | CUSIP: 584002VT3<br>LEI: 5493006G3IC5PBHB7A65 | Long             | DBT              | MUN               | US        |     70000 | PA      | $64731.24     | 0.12%             | 2037-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut, Series 2024A2                                                     | CUSIP: 207758U76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27812.51     | 0.05%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2017B                                                       | CUSIP: 93974DXV5<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55415.23     | 0.11%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | Port of Seattle, Series 2022A                                                           | CUSIP: 735389T40<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11107.44     | 0.02%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                                     | State of Oregon, Series 2023A                                                           | CUSIP: 68607DWQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10814.51     | 0.02%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                               | Austin Independent School District, Series 2019                                         | CUSIP: 052430QF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $73393.23     | 0.14%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission, Series A                                 | CUSIP: 49151F6J4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11152.20     | 0.02%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New Orleans LA                                                           | City of New Orleans, Series 2021A                                                       | CUSIP: 64763FZD4<br>LEI: 54930084B6KHR5PR2651 | Long             | DBT              | MUN               | US        |     65000 | PA      | $66876.06     | 0.13%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2023D1                                           | CUSIP: 09182TCR6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105142.48    | 0.20%             | 2049-06-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Fort Bend TX                                                           | County of Fort Bend, Series 2023                                                        | CUSIP: 346766H50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104343.17    | 0.20%             | 2053-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas, Series 2018A                                                           | CUSIP: 485424SF3<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51692.97     | 0.10%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maine                                                                   | State of Maine, Series 2019B                                                            | CUSIP: 56052AD29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37547.39     | 0.07%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                      | New Jersey Educational Facilities Authority, Series 2021C                               | CUSIP: 646067CG1<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |     40000 | PA      | $38787.29     | 0.07%             | 2034-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                        | Michigan State University, Series 2025A                                                 | CUSIP: 594712C33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10681.33     | 0.02%             | 2045-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2021A                                                         | CUSIP: 452153AR0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     60000 | PA      | $62922.04     | 0.12%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spring Independent School District                                               | Spring Independent School District, Series 2023                                         | CUSIP: 850001AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21028.82     | 0.04%             | 2044-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Wake NC                                                                | County of Wake, Series 2021                                                             | CUSIP: 930876FJ1<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |     45000 | PA      | $42223.56     | 0.08%             | 2036-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | Washington Metropolitan Area Transit Authority, Series 2021A                            | CUSIP: 93878YBH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56621.87     | 0.11%             | 2034-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                     | County of DeKalb, Series 2022                                                           | CUSIP: 240523ZG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16194.92     | 0.03%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2019A                                                        | CUSIP: 60412ARB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31894.22     | 0.06%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2018A                                                         | CUSIP: 246381ML8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $73110.32     | 0.14%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston, Series 2021A                                                           | CUSIP: 4423316H2<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10452.31     | 0.02%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                | Plano Independent School District, Series 2023                                          | CUSIP: 727199B34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20918.03     | 0.04%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp. I                               | Texas Municipal Gas Acquisition and Supply Corp. I, Series 2008D                        | CUSIP: 88256CEX3<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40950.13     | 0.08%             | 2026-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 403 Bethel                                     | Pierce County School District No. 403, Series 2019                                      | CUSIP: 720611YG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21032.68     | 0.04%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2025C                                   | CUSIP: 71884AV22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16879.04     | 0.03%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission, Series A                                 | CUSIP: 49151F4V9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $28182.49     | 0.05%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2024C                                                       | CUSIP: 93974EZ25<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25820.16     | 0.05%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland State Transportation Authority                                          | Maryland State Transportation Authority, Series 2024A                                   | CUSIP: 574300PQ6<br>LEI: 254900MKNK0MO0Z4X426 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11020.59     | 0.02%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2017                                                             | CUSIP: 235219MZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76405.95     | 0.15%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2022A                                                | CUSIP: 45884AB51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31698.05     | 0.06%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | South Carolina Public Service Authority, Series 2022A                                   | CUSIP: 837151ZX0<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |     85000 | PA      | $88655.88     | 0.17%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                   | Washington Metropolitan Area Transit Authority, Series 2017B                            | CUSIP: 938782FP9<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15314.60     | 0.03%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lamar Consolidated Independent School District                                   | Lamar Consolidated Independent School District, Series 2023A                            | CUSIP: 513174L67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $84979.99     | 0.16%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                     | Orlando Utilities Commission, Series 2025A                                              | CUSIP: 686507ND2<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20989.37     | 0.04%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | Kentucky Public Energy Authority, Series 2024A                                          | CUSIP: 74440DEL4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104832.33    | 0.20%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | District of Columbia, Series 2026B                                                      | CUSIP: 254845XE5<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11404.54     | 0.02%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2023B1                             | CUSIP: 64971X2N7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49433.35     | 0.09%             | 2037-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2018A                                                         | CUSIP: 4521522Q3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51894.22     | 0.10%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2020A                                                         | CUSIP: 196711SD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37808.73     | 0.07%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2023                                                         | CUSIP: 54641CBM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5548.43      | 0.01%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2021B                                          | CUSIP: 709225DQ6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27160.16     | 0.05%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adams 12 Five Star Schools                                                       | Adams 12 Five Star Schools, Series B                                                    | CUSIP: 006449HA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15269.74     | 0.03%             | 2035-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2019A                                                             | CUSIP: 677522H98<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10925.59     | 0.02%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Utah (The)                                                         | University of Utah (The), Series 2023A                                                  | CUSIP: 9151832X4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10666.66     | 0.02%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                                    | New York State Environmental Facilities Corp., Series 2024A                             | CUSIP: 64986DPK5<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26193.77     | 0.05%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2024-1                                                       | CUSIP: 97705MH99<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     70000 | PA      | $71907.15     | 0.14%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gilbert Water Resource Municipal Property Corp.                                  | Gilbert Water Resource Municipal Property Corp., Series 2022                            | CUSIP: 37530ABY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11053.53     | 0.02%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation                                    | State of Florida Department of Transportation, Series 2021A                             | CUSIP: 34160DAU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51484.08     | 0.10%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                               | Austin Independent School District, Series 2023                                         | CUSIP: 052430WB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16013.86     | 0.03%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | Central Puget Sound Regional Transit Authority, Series 2016S1                           | CUSIP: 155048DA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30444.62     | 0.06%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2024B                                   | CUSIP: 544532LW2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10763.93     | 0.02%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2018B                                             | CUSIP: 882854M74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50682.40     | 0.10%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2024B                                                         | CUSIP: 452153JJ9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76746.38     | 0.15%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority                               | Southeastern Pennsylvania Transportation Authority, Series 2022                         | CUSIP: 842039FL8<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |     75000 | PA      | $80991.57     | 0.16%             | 2040-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | City of Chicago, Series 2023B                                                           | CUSIP: 167727D52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $54579.43     | 0.10%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Series 2023C                                                       | CUSIP: 79625GJB0<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |    100000 | PA      | $108312.15    | 0.21%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | City & County of Denver, Series 2023A                                                   | CUSIP: 249182UG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $70137.59     | 0.13%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Scott County School District Finance Corp.                                       | Scott County School District Finance Corp., Series 2022                                 | CUSIP: 809545ZY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $79052.44     | 0.15%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | City of San Antonio, Series 2020A                                                       | CUSIP: 79642GHF2<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     60000 | PA      | $65015.00     | 0.12%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                           | M-S-R Energy Authority, Series 2009B                                                    | CUSIP: 55374SAF7<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |     75000 | PA      | $88885.85     | 0.17%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                   | Wayne County Airport Authority, Series 2023C                                            | CUSIP: 944514N53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $65449.52     | 0.13%             | 2042-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Missouri Highway & Transportation Commission                                     | Missouri Highway & Transportation Commission, Series 2022A                              | CUSIP: 60636WSZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30801.08     | 0.06%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2021                                             | CUSIP: 54811BWX5<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50518.13     | 0.10%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin, Series 2024                                                             | CUSIP: 052477YA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10792.09     | 0.02%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | Central Puget Sound Regional Transit Authority, Series 2021S1                           | CUSIP: 155048EE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $54774.81     | 0.11%             | 2041-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Adams & Arapahoe Counties Joint School District 28J Aurora                       | Adams & Arapahoe Counties Joint School District 28J, Series 2025                        | CUSIP: 0054824S0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11411.17     | 0.02%             | 2042-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Mecklenburg NC                                                         | County of Mecklenburg, Series 2021                                                      | CUSIP: 584002XV6<br>LEI: 5493006G3IC5PBHB7A65 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22138.55     | 0.04%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Water & Sewer Utility Revenue                               | County of Broward, Series 2025                                                          | CUSIP: 115117NR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $67580.48     | 0.13%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                           | Lewisville Independent School District, Series 2020                                     | CUSIP: 52882PEK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37112.50     | 0.07%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                     | Salt River Project Agricultural Improvement & Power District, Series 2023A              | CUSIP: 79574CFJ7<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16765.97     | 0.03%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Arkansas                                                           | University of Arkansas, Series 2022A                                                    | CUSIP: 914073DV0<br>LEI: 549300FFADBQ3NEI2D96 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15367.43     | 0.03%             | 2052-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Transportation Infrastructure Bank                                | South Carolina Transportation Infrastructure Bank, Series 2017A                         | CUSIP: 837152US4<br>LEI: 549300YI1NMCP4VLJN43 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20485.78     | 0.04%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority                                                 | Ohio Water Development Authority, Series 2022A                                          | CUSIP: 67765QMK9<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10714.84     | 0.02%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | Metropolitan Transportation Authority, Series 2024B1                                    | CUSIP: 59260XCU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15376.55     | 0.03%             | 2051-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | District of Columbia, Series 2022C1                                                     | CUSIP: 254845SH4<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11090.91     | 0.02%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | Dallas Area Rapid Transit, Series 2007                                                  | CUSIP: 235241EX0<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |     50000 | PA      | $53348.75     | 0.10%             | 2028-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | Washington Metropolitan Area Transit Authority, Series 2020A                            | CUSIP: 93878YAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26567.74     | 0.05%             | 2036-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                   | Washington Metropolitan Area Transit Authority, Series A1                               | CUSIP: 938782EP0<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15460.23     | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | Central Plains Energy Project, Series 2017A                                             | CUSIP: 154871CP0<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101038.52    | 0.19%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville and Jefferson County Metropolitan Sewer District                      | Louisville and Jefferson County Metropolitan Sewer District, Series 2023C               | CUSIP: 546589Y48<br>LEI: 5493004O4I11L8BK0A22 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11312.65     | 0.02%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus OH                                                              | City of Columbus, Series 2023A                                                          | CUSIP: 1994922Q1<br>LEI: 254900NS3ODS0FZ3AM48 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10954.29     | 0.02%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2017                                                 | CUSIP: 45204EXV5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30524.14     | 0.06%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco CA Public Utilities Commission Water Revenue               | City of San Francisco, Series 2025D                                                     | CUSIP: 79771FLJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $204658.29    | 0.39%             | 2051-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                            | Tennessee State School Bond Authority, Series 2022A                                     | CUSIP: 880558QC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $80805.48     | 0.15%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Educational Construction Fund                                      | New York City Educational Construction Fund, Series 2021B                               | CUSIP: 649670NU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75563.09     | 0.14%             | 2052-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2022B                                   | CUSIP: 544532EV2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36784.55     | 0.07%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2024A                                                      | CUSIP: 25476FC71<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10334.61     | 0.02%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | San Francisco City & County, Series 2024B                                               | CUSIP: 79766DXC8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32653.13     | 0.06%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2019A                                                      | CUSIP: 25477GPG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $73895.08     | 0.14%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2021-1                                                       | CUSIP: 97705MSK2<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25681.13     | 0.05%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV Passenger Facility Charge Revenue                             | County of Clark, Series 2019E                                                           | CUSIP: 181006HS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52979.90     | 0.10%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | New York State Thruway Authority, Series 2025A                                          | CUSIP: 650028ZZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11168.64     | 0.02%             | 2039-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida, Series 2025D                                                          | CUSIP: 343137A54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $138128.81    | 0.26%             | 2055-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                               | Austin Independent School District, Series 2024                                         | CUSIP: 052430WJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10761.24     | 0.02%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2020A                                         | CUSIP: 696550G97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $90970.62     | 0.17%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eagle County School District No. Re50J                                           | Eagle County School District No. Re50J, Series 2024                                     | CUSIP: 26951PFV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10823.48     | 0.02%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Allegheny PA                                                           | County of Allegheny, Series C-75                                                        | CUSIP: 01728VSK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55723.43     | 0.11%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority                                                 | Ohio Water Development Authority, Series 2024A                                          | CUSIP: 67765QPM2<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10786.55     | 0.02%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2022B                                   | CUSIP: 544532EP5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    100000 | PA      | $107888.39    | 0.21%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California                                                                     | CUSIP: 13063D3J5<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25035.13     | 0.05%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Forney Independent School District                                               | Forney Independent School District, Series 2022B                                        | CUSIP: 346425HW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $59271.57     | 0.11%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2023C                                             | CUSIP: 57582R5A0<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10727.13     | 0.02%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2022C                                   | CUSIP: 544525L48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $64733.03     | 0.12%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                             | Chicago Midway International Airport, Series 2025B                                      | CUSIP: 167562VS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $74776.80     | 0.14%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                     | County of DeKalb, Series 2022                                                           | CUSIP: 240523ZD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20250.56     | 0.04%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2023A                                                         | CUSIP: 246381SF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $47293.81     | 0.09%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mesa County Valley School District No. 51 Grand Junction/CO                      | Mesa County Valley School District No. 51 Grand Junction, Series 2025                   | CUSIP: 590621LV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11090.33     | 0.02%             | 2042-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Series 2020A                                                          | CUSIP: 29270C3U7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52776.16     | 0.10%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District Nebraska City Station Unit 2                         | Omaha Public Power District, Series 2026A                                               | CUSIP: 682004GF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104438.82    | 0.20%             | 2049-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                           | Utah Transit Authority, Series 2025                                                     | CUSIP: 917567JS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $54525.98     | 0.10%             | 2043-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2022F1                             | CUSIP: 64971XU63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $88376.32     | 0.17%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seguin TX                                                                | City of Seguin, Series 2025                                                             | CUSIP: 815832E48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $63815.36     | 0.12%             | 2059-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2022                                             | CUSIP: 54811GK82<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37725.14     | 0.07%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2024A                                                          | CUSIP: 64966Q6N5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     70000 | PA      | $71816.35     | 0.14%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, Series 2020A                                 | CUSIP: 64577XAX4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31822.97     | 0.06%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | Metropolitan Washington Airports Authority, Series 2019B                                | CUSIP: 592647GW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5059.64      | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Conservancy District                                                | South Dakota Conservancy District, Series 2025A                                         | CUSIP: 837545SW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $144430.86    | 0.28%             | 2055-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | Delaware Transportation Authority, Series 2016                                          | CUSIP: 246428D29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30180.31     | 0.06%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 403 Renton                                       | King County School District No. 403, Series 2023                                        | CUSIP: 495080WJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $71402.99     | 0.14%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2022A                                                | CUSIP: 45884AA52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21895.16     | 0.04%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Utah (The)                                                         | University of Utah (The), Series 2023B                                                  | CUSIP: 9151833T2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10389.29     | 0.02%             | 2053-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of King WA Sewer Revenue                                                  | County of King, Series 2016B                                                            | CUSIP: 4952894F4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40240.42     | 0.08%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                           | Lewisville Independent School District, Series 2024                                     | CUSIP: 52882PGB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $70276.14     | 0.13%             | 2040-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2022A                                                          | CUSIP: 34153QVV5<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     55000 | PA      | $60963.96     | 0.12%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Forsyth County School District                                                   | Forsyth County School District, Series 2020                                             | CUSIP: 346604LC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32260.07     | 0.06%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL                                                                | County of Cook, Series 2022A                                                            | CUSIP: 213185MY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22057.27     | 0.04%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin, Series 2017                                                             | CUSIP: 052477M94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5180.37      | 0.01%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bi-State Development Agency of the Missouri-Illinois Metropolitan District       | Bi-State Development Agency of the Missouri-Illinois Metropolitan District, Series 2019 | CUSIP: 088632CD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30614.37     | 0.06%             | 2034-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2025A                                        | CUSIP: 64990AYB5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     85000 | PA      | $87131.27     | 0.17%             | 2055-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2024A                                                | CUSIP: 45884AK93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $85657.70     | 0.16%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2024A                                                         | CUSIP: 246381TD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10509.74     | 0.02%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State University System                                                    | Texas State University System, Series 2024                                              | CUSIP: 88278PJ54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48475.50     | 0.09%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2025                                                             | CUSIP: 235219ZY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25534.98     | 0.05%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Frisco Independent School District                                               | Frisco Independent School District, Series 2025B                                        | CUSIP: 35880C6J8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20440.21     | 0.04%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing & Finance Association, Series 2023A                                       | CUSIP: 45130ABR5<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37868.51     | 0.07%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2026B                                                      | CUSIP: 25476FM62<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16096.47     | 0.03%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, Series 2024SSS                               | CUSIP: 64577XFA9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     70000 | PA      | $78159.76     | 0.15%             | 2038-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2021D                                                      | CUSIP: 25476FYP7<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     65000 | PA      | $69306.23     | 0.13%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2022B                                   | CUSIP: 544532ES9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5316.52      | 0.01%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2024C                                          | CUSIP: 709225KW5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41893.54     | 0.08%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Weld County School District No. 6 Greeley                                        | Weld County School District No. 6 Greeley, Series 2020                                  | CUSIP: 949289PT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $79030.99     | 0.15%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northwest Independent School District                                            | Northwest Independent School District, Series 2024A                                     | CUSIP: 667826FU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $66534.22     | 0.13%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2024A                                            | CUSIP: 54811BN49<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16147.04     | 0.03%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pflugerville Independent School District                                         | Pflugerville Independent School District, Series 2023A                                  | CUSIP: 717096DP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $103231.82    | 0.20%             | 2044-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2022C                                                      | CUSIP: 25477GVK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43239.47     | 0.08%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2024A                           | CUSIP: 13013JDR4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |     55000 | PA      | $58011.33     | 0.11%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Garland Independent School District                                              | Garland Independent School District, Series 2023A                                       | CUSIP: 366155Y86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16498.90     | 0.03%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2018A                                             | CUSIP: 882854G89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26238.59     | 0.05%             | 2028-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | City of Dallas, Series 2020C                                                            | CUSIP: 23542JRT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53918.68     | 0.10%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Series 2023G                           | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |     65000 | PA      | $68582.27     | 0.13%             | 2054-11-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | South Carolina Public Service Authority, Series 2022E                                   | CUSIP: 837151T74<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10977.88     | 0.02%             | 2041-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2018B                                         | CUSIP: 696550F49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10524.33     | 0.02%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC                                                             | City of Charlotte, Series 2019A                                                         | CUSIP: 161035HV5<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15059.29     | 0.03%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | Oklahoma Turnpike Authority, Series 2025A                                               | CUSIP: 679111D84<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10955.49     | 0.02%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Municipal Bond Bank                                                | New Hampshire Municipal Bond Bank, Series 2025B                                         | CUSIP: 64465QTG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16412.63     | 0.03%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2025A                                                      | CUSIP: 25477GYM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21318.94     | 0.04%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | State of Illinois, Series 2024A                                                         | CUSIP: 452227UJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $72100.37     | 0.14%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2026A                                            | CUSIP: 09182THS9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     75000 | PA      | $78244.80     | 0.15%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Series 2025A                                                          | CUSIP: 4140055D6<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25286.43     | 0.05%             | 2026-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2017-1                                                       | CUSIP: 97705MGR0<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     75000 | PA      | $77025.08     | 0.15%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2025-1                                         | CUSIP: 709225SG2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16638.63     | 0.03%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 405 Bellevue                                     | King County School District No. 405, Series 2016                                        | CUSIP: 495098YX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61002.64     | 0.12%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2020                                                 | CUSIP: 45204FFG5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36860.89     | 0.07%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Klein Independent School District                                                | Klein Independent School District, Series 2023                                          | CUSIP: 498531UB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $92176.64     | 0.18%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2015B                                     | CUSIP: 452252LE7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     45000 | PA      | $44996.19     | 0.09%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2025C                                        | CUSIP: 64990KJB0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15980.32     | 0.03%             | 2047-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2023C                                          | CUSIP: 67766WL83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16390.85     | 0.03%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                        | Harris County Cultural Education Facilities Finance Corp. Thermal Utility, Series 2017  | CUSIP: 41401PCL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $108585.44    | 0.21%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2017A                                     | CUSIP: 452252MT3<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25537.11     | 0.05%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2016A1                           | CUSIP: 6461362F7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100176.94    | 0.19%             | 2031-06-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2017E1                             | CUSIP: 64971W4X5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50625.97     | 0.10%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2023A                                            | CUSIP: 54811BH46<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     80000 | PA      | $83096.92     | 0.16%             | 2048-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                     | County of DeKalb, Series 2025A                                                          | CUSIP: 240523D98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10787.61     | 0.02%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2022B                                          | CUSIP: 709225GF7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     75000 | PA      | $81653.80     | 0.16%             | 2041-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2023A                                          | CUSIP: 709225HZ2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     70000 | PA      | $69999.26     | 0.13%             | 2044-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp.                                               | Grand Parkway Transportation Corp., Series 2018A                                        | CUSIP: 38611TBH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $88325.61     | 0.17%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | City of Austin, Series 2024                                                             | CUSIP: 052397S23<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48994.42     | 0.09%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2024A                                                        | CUSIP: 546417HR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $45175.08     | 0.09%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                      | Long Island Power Authority, Series 2020A                                               | CUSIP: 542691DJ6<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42427.30     | 0.08%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Electric System Revenue                                                      | Jacksonville Electric Authority, Series 2020A3                                          | CUSIP: 46613SQH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $117358.98    | 0.22%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Prosper Independent School District                                              | Prosper Independent School District, Series 2024                                        | CUSIP: 7436003N6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53933.02     | 0.10%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | Delaware Transportation Authority, Series 2020                                          | CUSIP: 246419BM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $67290.07     | 0.13%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth Transportation Board                                       | Virginia Commonwealth Transportation Board, Series 2019                                 | CUSIP: 927793K73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $59982.51     | 0.11%             | 2037-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2018A                                                         | CUSIP: 246381MQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $62419.89     | 0.12%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus GA Water & Sewerage Revenue                                     | City of Columbus, Series 2026                                                           | CUSIP: 199144YC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102777.37    | 0.20%             | 2056-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northwest Independent School District                                            | Northwest Independent School District, Series 2023                                      | CUSIP: 667826EK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76980.73     | 0.15%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2024B1                                     | CUSIP: 89602HHH3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104232.77    | 0.20%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Diego Public Facilities Financing Authority                                  | San Diego Public Facilities Financing Authority, Series 2025A                           | CUSIP: 797299SC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10576.99     | 0.02%             | 2055-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District, Series 2025A                         | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75424.08     | 0.14%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                          | City of Philadelphia, Series 2019A                                                      | CUSIP: 717813WP0<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10078.28     | 0.02%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | New York City Transitional Finance Authority, Series 2020S1B                            | CUSIP: 64972H3M2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $43147.08     | 0.08%             | 2044-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission, Series A                                 | CUSIP: 49151F3T5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10768.82     | 0.02%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gainesville FL Utilities System Revenue                                  | City of Gainesville, Series 2017A                                                       | CUSIP: 362848VD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10119.28     | 0.02%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Oklahoma (The)                                                     | University of Oklahoma (The), Series 2024A                                              | CUSIP: 91476PZS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25672.14     | 0.05%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                       | Pennsylvania Turnpike Commission, Series 2022B                                          | CUSIP: 709230AX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102432.83    | 0.20%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aldine Independent School District                                               | Aldine Independent School District, Series 2024B                                        | CUSIP: 014393C59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53933.02     | 0.10%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | California State Public Works Board, Series 2022A                                       | CUSIP: 13068XAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43887.94     | 0.08%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Indianapolis Department of Public Utilities Water System Revenue         | City of Indianapolis, Series 2016B                                                      | CUSIP: 455412AL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65729.32     | 0.13%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2017A                                                       | CUSIP: 93974DXA1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45368.45     | 0.09%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2024A                                                      | CUSIP: 25476FC89<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10566.23     | 0.02%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | Dallas Independent School District, Series 2019B                                        | CUSIP: 235308XY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $79870.05     | 0.15%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing & Finance Association, Series 2019A                                       | CUSIP: 45129WPM6<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |     50000 | PA      | $52992.05     | 0.10%             | 2033-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Denton TX Utility System Revenue                                         | City of Denton, Series 2017                                                             | CUSIP: 249015C30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10151.68     | 0.02%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2019A                                        | CUSIP: 64990FKY9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26049.55     | 0.05%             | 2041-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Series 2021A                                                           | CUSIP: 68609TD88<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32765.86     | 0.06%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | Metropolitan Atlanta Rapid Transit Authority, Series 2025B                              | CUSIP: 591746CH3<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |     50000 | PA      | $56294.01     | 0.11%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                       | Pennsylvania Turnpike Commission, Series 2018B                                          | CUSIP: 709221VK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50768.94     | 0.10%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Series 2018                                       | CUSIP: 153476EJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45636.65     | 0.09%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2024B                                        | CUSIP: 64990AWY7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20497.55     | 0.04%             | 2054-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | San Francisco City & County, Series 2023B                                               | CUSIP: 79766DVG1<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48864.14     | 0.09%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series D                                                          | CUSIP: 25476FSR0<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15246.13     | 0.03%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Capitol Improvement Authority                                           | Oklahoma Capitol Improvement Authority, Series 2025A                                    | CUSIP: 678514EN6<br>LEI: 549300LYHYBINTZ5AY71 | Long             | DBT              | MUN               | US        |     75000 | PA      | $78403.28     | 0.15%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2019C                                                      | CUSIP: 25477GPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10124.28     | 0.02%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2019                                                 | CUSIP: 45204EX37<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48117.08     | 0.09%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2025B                                                        | CUSIP: 97705MU78<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     55000 | PA      | $62098.00     | 0.12%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2025C                                                             | CUSIP: 677523NU2<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16002.88     | 0.03%             | 2045-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2023E                                   | CUSIP: 544532JQ8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15703.68     | 0.03%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Tennessee                                                               | State of Tennessee, Series 2023A                                                        | CUSIP: 880541H75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22753.76     | 0.04%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Series 2025I                                         | CUSIP: 594615PB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10657.41     | 0.02%             | 2045-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2019AA                           | CUSIP: 64613CFH6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     70000 | PA      | $68314.16     | 0.13%             | 2049-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Series 2019A                             | CUSIP: 232769FG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10602.70     | 0.02%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2023                                                         | CUSIP: 604140XT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10906.83     | 0.02%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2025A                                      | CUSIP: 896032BB4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20817.55     | 0.04%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                           | City of Mesa, Series 2017                                                               | CUSIP: 590545YT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $71464.84     | 0.14%             | 2041-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | County of Harris, Series 2021                                                           | CUSIP: 41423PBM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15817.13     | 0.03%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2023E                                   | CUSIP: 544532JP0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     75000 | PA      | $78939.24     | 0.15%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Madison WI                                                               | City of Madison, Series 2025D                                                           | CUSIP: 55844RE42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20243.46     | 0.04%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DuPage County School District No. 58 Downers Grove                               | DuPage County School District No. 58, Series 2022                                       | CUSIP: 263165JM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10860.85     | 0.02%             | 2037-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | Metropolitan Transportation Authority, Series 2024A                                     | CUSIP: 59260XCE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103360.71    | 0.20%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2019                                                          | CUSIP: 246381NF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10444.33     | 0.02%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2025A                                      | CUSIP: 896032AQ2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11082.09     | 0.02%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2020A                                   | CUSIP: 544525ZH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10145.10     | 0.02%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | State of Maryland, Series 2017A                                                         | CUSIP: 574193PN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25830.17     | 0.05%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Mecklenburg NC                                                         | County of Mecklenburg, Series 2021                                                      | CUSIP: 584002XT1<br>LEI: 5493006G3IC5PBHB7A65 | Long             | DBT              | MUN               | US        |     50000 | PA      | $53476.53     | 0.10%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series 2026A                                      | CUSIP: 167591CJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103370.26    | 0.20%             | 2056-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series R-2022A                                                     | CUSIP: 93974ETQ9<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16525.97     | 0.03%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2023A                                                            | CUSIP: 235219UV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10650.69     | 0.02%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                                             | State of Michigan, Series 2023                                                          | CUSIP: 5946954L9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10786.14     | 0.02%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duval County Public Schools                                                      | Duval County Public Schools, Series 2022A                                               | CUSIP: 267169HD5<br>LEI: 254900RS6MO5WEO2WC42 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16325.08     | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New York                                                                | State of New York, Series 2023A                                                         | CUSIP: 649791SG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $61400.34     | 0.12%             | 2037-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Series 2025A                                      | CUSIP: 153476JT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11214.92     | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2024E                                             | CUSIP: 56035DJJ2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10490.59     | 0.02%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | New York City Transitional Finance Authority, Series 2024F1                             | CUSIP: 64972JGV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $92308.33     | 0.18%             | 2049-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York & New Jersey, Series 214                                     | CUSIP: 73358XJE3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37996.05     | 0.07%             | 2042-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2019A                                                            | CUSIP: 235219PN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37186.72     | 0.07%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho State Building Authority                                                   | Idaho State Building Authority, Series 2025A                                            | CUSIP: 451446AV0<br>LEI: 549300XZ1VJYPPKQZU06 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22849.77     | 0.04%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern California Energy Authority                                             | Northern California Energy Authority, Series 2024                                       | CUSIP: 664840AL9<br>LEI: 5493001ZIJGWU7HYLH34 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106503.43    | 0.20%             | 2054-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2019A                                                        | CUSIP: 60412AQX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16081.31     | 0.03%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County Honolulu HI Wastewater System Revenue                              | City & County Honolulu, Series 2022A                                                    | CUSIP: 4387012V5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26729.01     | 0.05%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2020                                                 | CUSIP: 45204FFN0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10915.96     | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2021B                                   | CUSIP: 544525B98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $74805.13     | 0.14%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp.                               | Rhode Island Health and Educational Building Corp., Series 2023                         | CUSIP: 762197M24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $92741.65     | 0.18%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2022C                                                       | CUSIP: 93974EUZ7<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11155.79     | 0.02%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2021C                                   | CUSIP: 544532DJ0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30923.19     | 0.06%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | Dallas Independent School District, Series 2025B                                        | CUSIP: 235308R47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37369.28     | 0.07%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                          | City of Philadelphia, Series 2025A                                                      | CUSIP: 717813A90<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11028.19     | 0.02%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2026B                              | CUSIP: 64972JXM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15846.22     | 0.03%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation                                    | State of Florida, Series 2018                                                           | CUSIP: 34160KAP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $47092.23     | 0.09%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2023A                                                | CUSIP: 45884AE33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53498.45     | 0.10%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin, Series 2017                                                             | CUSIP: 052477E77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $77926.43     | 0.15%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | District of Columbia, Series 2024A                                                      | CUSIP: 254845TZ3<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16548.54     | 0.03%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of North Carolina                                                          | State of North Carolina, Series 2021                                                    | CUSIP: 658268EU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51650.38     | 0.10%             | 2034-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | Dallas Independent School District, Series 2025C                                        | CUSIP: 235308V26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11252.68     | 0.02%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                | Plano Independent School District, Series 2023                                          | CUSIP: 727199C82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $69428.36     | 0.13%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | Metropolitan Transportation Authority, Series 2024B1                                    | CUSIP: 59260XCT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $66880.39     | 0.13%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | City of Chicago, Series 2024B                                                           | CUSIP: 167486T82<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31258.13     | 0.06%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2022A                                                | CUSIP: 45884AB69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $94813.22     | 0.18%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority, Series 2013BB                          | CUSIP: 64972GBB9<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    110000 | PA      | $86087.80     | 0.17%             | 2047-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2019A                                                    | CUSIP: 956553H20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10496.26     | 0.02%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series 2020B                                      | CUSIP: 167593R20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16108.96     | 0.03%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2023                                                         | CUSIP: 604140XN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $101471.73    | 0.19%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                            | School District of Philadelphia (The), Series 2021A                                     | CUSIP: 717883YG1<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |     55000 | PA      | $60267.77     | 0.12%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2006                                                          | CUSIP: 452151YE7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10883.58     | 0.02%             | 2030-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District (The)                                      | Southeast Alabama Gas Supply District (The), Series 2024A                               | CUSIP: 84131TBA9<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |     70000 | PA      | $74171.43     | 0.14%             | 2054-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2024                                           | CUSIP: 709225LE4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     50000 | PA      | $54676.56     | 0.10%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | City of Houston, Series 2018B                                                           | CUSIP: 442349BF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10513.51     | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2021-1                                                         | CUSIP: 64966QWF3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16185.65     | 0.03%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2022C1                                           | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104907.19    | 0.20%             | 2053-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | State of Hawaii, Series FG                                                              | CUSIP: 419792LH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55700.30     | 0.11%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority, Series 2023B                                       | CUSIP: 92778VNH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22421.80     | 0.04%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2023E                                   | CUSIP: 544532JS4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     85000 | PA      | $87328.42     | 0.17%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Series 2025                                                             | CUSIP: 882725DB7<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |     65000 | PA      | $71878.79     | 0.14%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing & Finance Association, Series 2023A                                       | CUSIP: 45130ABQ7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10882.96     | 0.02%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Commerce Corp.                                                      | Rhode Island Commerce Corp., Series 2020A                                               | CUSIP: 762232BT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $59009.32     | 0.11%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                   | Empire State Development Corp., Series 2023A                                            | CUSIP: 650036HV1<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10800.20     | 0.02%             | 2041-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2025                                                          | CUSIP: 246381UT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $17053.72     | 0.03%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Series 2019A                                                           | CUSIP: 68609TLE6<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10673.17     | 0.02%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Johnson County Unified School District No. 233 Olathe                            | Johnson County Unified School District No. 233, Series 2022A                            | CUSIP: 4787182A6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $71553.80     | 0.14%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Shelby TN                                                              | County of Shelby, Series 2020B                                                          | CUSIP: 8216862E1<br>LEI: 5493000UVZ1EF2SIPO10 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75472.05     | 0.14%             | 2039-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA                                                               | City of Seattle, Series 2021A                                                           | CUSIP: 812627KD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26038.61     | 0.05%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | City of Dallas, Series 2016A                                                            | CUSIP: 23542JAR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45486.96     | 0.09%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2024H                                             | CUSIP: 57582TBU5<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10741.30     | 0.02%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Desert Community College District                                                | Desert Community College District, Series 2024                                          | CUSIP: 250375NB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $152391.63    | 0.29%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alabama Corrections Institution Finance Authority                                | Alabama Corrections Institution Finance Authority, Series 2022A                         | CUSIP: 010507CE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16400.64     | 0.03%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | City of Philadelphia, Series 2020A                                                      | CUSIP: 717893Q38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21112.61     | 0.04%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2023                                                         | CUSIP: 54641CBL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44660.01     | 0.09%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2023-1                                                       | CUSIP: 97705MXA8<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     60000 | PA      | $63020.92     | 0.12%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                             | Chicago Midway International Airport, Series 2025B                                      | CUSIP: 167562VT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $58180.11     | 0.11%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2026B                                                      | CUSIP: 25476FN53<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     15000 | PA      | $17170.65     | 0.03%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | Washington Metropolitan Area Transit Authority, Series 2020A                            | CUSIP: 93878YAM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26784.98     | 0.05%             | 2034-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2021B                                          | CUSIP: 709225CR5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10924.49     | 0.02%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2016F                                                          | CUSIP: 3733846L5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20379.03     | 0.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2025-3                                         | CUSIP: 709225RH1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     40000 | PA      | $44362.69     | 0.09%             | 2045-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2023                                    | CUSIP: 71883PLX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10757.82     | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Flood Control District                                             | Harris County Flood Control District, Series 2025                                       | CUSIP: 414019CQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20228.23     | 0.04%             | 2026-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alvin Independent School District/TX                                             | Alvin Independent School District, Series 2019                                          | CUSIP: 022447P59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $87078.38     | 0.17%             | 2040-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | Chicago Transit Authority, Series 2026A                                                 | CUSIP: 16772PFE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104704.94    | 0.20%             | 2059-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | Louisiana Public Facilities Authority, Series 2023A                                     | CUSIP: 546399QF6<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48944.69     | 0.09%             | 2036-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2019A                                          | CUSIP: 709224S67<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10513.31     | 0.02%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | County of Harris, Series 2025A                                                          | CUSIP: 41423PFC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $72362.38     | 0.14%             | 2055-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Series 2016I                                         | CUSIP: 594615FK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60731.94     | 0.12%             | 2029-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 3 Puyallup                                     | Pierce County School District No. 3, Series 2017                                        | CUSIP: 720390ZK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10293.73     | 0.02%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2022                                                          | CUSIP: 246381RR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $67058.16     | 0.13%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IPS Multi-School Building Corp.                                                  | IPS Multi-School Building Corp., Series 2023                                            | CUSIP: 46263RSD8<br>LEI: 549300BHLK1DUJUYPM91 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26517.78     | 0.05%             | 2041-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Clark County Water Reclamation District                                          | Clark County Water Reclamation District, Series 2023                                    | CUSIP: 181070FU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10814.58     | 0.02%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Johnson County Unified School District No. 233 Olathe                            | Johnson County Unified School District No. 233, Series 2022A                            | CUSIP: 478718Z93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33172.97     | 0.06%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2023A                                                | CUSIP: 45884AF40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43013.75     | 0.08%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2024A                                   | CUSIP: 71884AP52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32844.40     | 0.06%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Rhode Island                                                            | State of Rhode Island, Series 2022A                                                     | CUSIP: 762223NV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $74395.60     | 0.14%             | 2042-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                   | County of Sacramento, Series 2024                                                       | CUSIP: 786107UZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31305.49     | 0.06%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | Metropolitan Transportation Authority, Series 2022A                                     | CUSIP: 59260XBC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $8807.58      | 0.02%             | 2051-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2022C                                                      | CUSIP: 25477GVP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27944.21     | 0.05%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2025                                              | CUSIP: 88285AKE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $74597.05     | 0.14%             | 2056-10-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series A                                                    | CUSIP: 45204EVE5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     55000 | PA      | $54477.02     | 0.10%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2022B                                             | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26083.88     | 0.05%             | 2052-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2023A                                          | CUSIP: 709225JB3<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76801.40     | 0.15%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northside Independent School District                                            | Northside Independent School District, Series 2021                                      | CUSIP: 66702RA28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10561.24     | 0.02%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2023-1                                         | CUSIP: 709225GW0<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11213.66     | 0.02%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Public School and College Authority                                      | Alabama Public School and College Authority, Series 2020A                               | CUSIP: 010609FN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $80859.91     | 0.16%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2019A                                                        | CUSIP: 60412AQZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $90886.34     | 0.17%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2022A                                                          | CUSIP: 34153QVS2<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15792.89     | 0.03%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                             | Oregon State Lottery, Series 2025A                                                      | CUSIP: 68607V6M2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11117.86     | 0.02%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | Florida State of Education, Series 2021A                                                | CUSIP: 34153QUN4<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16397.67     | 0.03%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2023D1                             | CUSIP: 64971X4F2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $77934.30     | 0.15%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | Dallas Waterworks & Sewer System, Series 2020C                                          | CUSIP: 23542JRS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48761.08     | 0.09%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2020A                                                         | CUSIP: 246381PK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10184.29     | 0.02%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville and Jefferson County Metropolitan Sewer District                      | Louisville and Jefferson County Metropolitan Sewer District, Series 2023C               | CUSIP: 546589Z21<br>LEI: 5493004O4I11L8BK0A22 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10862.60     | 0.02%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                                     | State of Oregon, Series 2020A                                                           | CUSIP: 68607DUU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53124.60     | 0.10%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Series 2023A                                             | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15695.14     | 0.03%             | 2053-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2023A                                                            | CUSIP: 235219VF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $75661.27     | 0.15%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | California State Public Works Board, Series 2023C                                       | CUSIP: 13068XHB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10346.51     | 0.02%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                           | Maine Health & Higher Educational Facilities Authority, Series 2024B                    | CUSIP: 56042SEC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10858.28     | 0.02%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | City of Philadelphia, Series 2019B                                                      | CUSIP: 717893N56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15284.56     | 0.03%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of North Texas System                                                 | University of North Texas, Series 2022                                                  | CUSIP: 914729WH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50617.13     | 0.10%             | 2047-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2025A                                          | CUSIP: 709225NT9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10821.57     | 0.02%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2022A                                                | CUSIP: 45884AB77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41990.84     | 0.08%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Utah                                                                    | State of Utah, Series 2020                                                              | CUSIP: 917542WN8<br>LEI: 254900RWV9NSVUZONC07 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10547.87     | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2024B                                                            | CUSIP: 235219YC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21662.53     | 0.04%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2018B                                                           | CUSIP: 180848XY4<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     75000 | PA      | $79187.81     | 0.15%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2019E                                                          | CUSIP: 64966MR68<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     60000 | PA      | $57303.80     | 0.11%             | 2035-08-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Larimer County School District No. R-1 Poudre                                    | Larimer County School District No. R-1, Series 2018                                     | CUSIP: 517138XV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $89946.72     | 0.17%             | 2031-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                        | Michigan State University, Series 2024A                                                 | CUSIP: 594712YY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11072.46     | 0.02%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tri-County Metropolitan Transportation District of Oregon                        | Tri-County Metropolitan Transportation District of Oregon, Series 2018A                 | CUSIP: 89546RPP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10429.28     | 0.02%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | California State Public Works Board, Series 2023D                                       | CUSIP: 13068XKP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $90799.33     | 0.17%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2025E                                            | CUSIP: 09182TGC5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105760.72    | 0.20%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2024D                                                          | CUSIP: 64966SCM6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    135000 | PA      | $141384.53    | 0.27%             | 2047-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Houston Independent School District                                              | Houston Independent School District, Series 2025A                                       | CUSIP: 442403QS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $28253.23     | 0.05%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida, Series 2019A                                                          | CUSIP: 343137ER2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $47238.95     | 0.09%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL                                                           | County of Jefferson, Series 2017                                                        | CUSIP: 472628QV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $66334.55     | 0.13%             | 2027-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Valley Regional Finance Authority                                       | Delaware Valley Regional Finance Authority, Series 2023A                                | CUSIP: 246579LU8<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |     75000 | PA      | $77901.81     | 0.15%             | 2034-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | Dallas Independent School District, Series 2024                                         | CUSIP: 235308N66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $89751.52     | 0.17%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Municipal Power Agency No. 1                                      | North Carolina Municipal Power Agency No. 1, Series 2015A                               | CUSIP: 658203X33<br>LEI: 549300N3Q65G1ODRFX75 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30206.16     | 0.06%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2023D                                   | CUSIP: 544532HS6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     80000 | PA      | $84642.23     | 0.16%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2016E                                                          | CUSIP: 3733846V3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45744.87     | 0.09%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                     | Chicago Board of Education, Series 2023                                                 | CUSIP: 167510AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $142046.19    | 0.27%             | 2033-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | County of Miami-Dade, Series A                                                          | CUSIP: 59333PU30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100600.95    | 0.19%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Springfield School District No. R-12                                             | Springfield School District No. R-12, Series 2023                                       | CUSIP: 851035VA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22204.95     | 0.04%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2021                                                          | CUSIP: 246381QS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10676.58     | 0.02%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Highway Authority                                                        | Alabama Highway Authority, Series 2025                                                  | CUSIP: 010559AH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11312.20     | 0.02%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue              | Metropolitan Washington Airports Authority, Series 2019B                                | CUSIP: 592643CX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20920.06     | 0.04%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | San Antonio Water System, Series 2020A                                                  | CUSIP: 79642GHE5<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     75000 | PA      | $81515.50     | 0.16%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Johnson KS                                                             | County of Johnson, Series 2018A                                                         | CUSIP: 47844PKM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25265.83     | 0.05%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of North Carolina                                                          | State of North Carolina, Series 2019                                                    | CUSIP: 658268EA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $74720.51     | 0.14%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York & New Jersey, Series 241                                     | CUSIP: 73358XJM5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10856.02     | 0.02%             | 2042-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cobb-Marietta Coliseum & Exhibit Hall Authority                                  | Cobb-Marietta Coliseum & Exhibit Hall Authority, Series 2025                            | CUSIP: 190760JP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $86129.56     | 0.17%             | 2050-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | Metropolitan Atlanta Rapid Transit Authority, Series 2023B                              | CUSIP: 591746AV4<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21894.52     | 0.04%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Hempstead NY                                                             | Town of Hempstead, Series 2025A                                                         | CUSIP: 424672V67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76861.34     | 0.15%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2025C1                             | CUSIP: 64972JMA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $75783.32     | 0.15%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2023E                                                        | CUSIP: 60412AJ79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11332.29     | 0.02%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Denton TX Utility System Revenue                                         | City of Denton, Series 2017                                                             | CUSIP: 249015B98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15229.96     | 0.03%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | Kansas Development Finance Authority, Series 2024SRF                                    | CUSIP: 48542RA79<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16985.23     | 0.03%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2021D                                             | CUSIP: 57582RR99<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    105000 | PA      | $107788.31    | 0.21%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin, Series 2024                                                             | CUSIP: 052477YS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36275.30     | 0.07%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 414 Lake Washington                              | King County School District No. 414, Series 2017                                        | CUSIP: 495260H79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10284.39     | 0.02%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2020C                                                      | CUSIP: 25477GSZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48105.66     | 0.09%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Series 2016A                                                          | CUSIP: 29270CQ73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $120753.53    | 0.23%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission, Series A                                 | CUSIP: 49151FV31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16454.86     | 0.03%             | 2038-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Transportation Infrastructure Bank                                | South Carolina Transportation Infrastructure Bank, Series 2021B                         | CUSIP: 837152WC7<br>LEI: 549300YI1NMCP4VLJN43 | Long             | DBT              | MUN               | US        |     20000 | PA      | $22265.15     | 0.04%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California, Series 2025CD                                                 | CUSIP: 91412HWH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $57606.70     | 0.11%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | Metropolitan Atlanta Rapid Transit Authority, Series 2024B                              | CUSIP: 591746BF8<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27368.15     | 0.05%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | Metropolitan Transportation Authority, Series 2022A                                     | CUSIP: 59260XAW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10406.74     | 0.02%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wylie Independent School District/Collin County                                  | Wylie Independent School District, Series 2024                                          | CUSIP: 98306EBS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11038.64     | 0.02%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2025-2                                         | CUSIP: 709225PS9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15965.64     | 0.03%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                   | Washington Metropolitan Area Transit Authority, Series 2018                             | CUSIP: 938782GJ2<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |    105000 | PA      | $107202.21    | 0.21%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA                                                               | City of Atlanta, Series 2022A1                                                          | CUSIP: 047772H76<br>LEI: 549300GHLQ0J51NUBM84 | Long             | DBT              | MUN               | US        |     65000 | PA      | $69073.18     | 0.13%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Comal Independent School District                                                | Comal Independent School District, Series 2024                                          | CUSIP: 1998207N5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21302.37     | 0.04%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Series 2017                                                        | CUSIP: 7962537P1<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10161.04     | 0.02%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2024A                                             | CUSIP: 57582R6E1<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11035.28     | 0.02%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Series 2017A                                                          | CUSIP: 3411502N9<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     55000 | PA      | $53362.19     | 0.10%             | 2035-07-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2020A                                                | CUSIP: 45204FAD7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     70000 | PA      | $61007.53     | 0.12%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Highland Park Independent School District/Dallas County                          | Highland Park Independent School District, Series 2024                                  | CUSIP: 430686RV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55140.14     | 0.11%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2017A                                         | CUSIP: 696550C26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10321.26     | 0.02%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Canadian County Educational Facilities Authority                                 | Canadian County Educational Facilities Authority, Series 2023A                          | CUSIP: 135521DE9<br>LEI: 549300HPRFS0Z66VHS30 | Long             | DBT              | MUN               | US        |     50000 | PA      | $56050.36     | 0.11%             | 2034-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | Ohio Higher Educational Facility Commission, Series 2016                                | CUSIP: 67756DJW7<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |     75000 | PA      | $72342.13     | 0.14%             | 2035-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | County of Miami-Dade, Series 2025A                                                      | CUSIP: 59334DQN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96227.18     | 0.18%             | 2051-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| County of Fulton GA Water & Sewerage Revenue                                     | County of Fulton, Series 2025                                                           | CUSIP: 360066PZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $73393.70     | 0.14%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Conroe Independent School District                                               | Conroe Independent School District, Series 2024                                         | CUSIP: 2084183S0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $82041.95     | 0.16%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Series 2024A                                             | CUSIP: 66285WR73<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15912.10     | 0.03%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2022                                                          | CUSIP: 196711UY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $45676.97     | 0.09%             | 2040-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Katy Independent School District                                                 | Katy Independent School District, Series 2023                                           | CUSIP: 486063S43<br>LEI: 254900H9QSKVP2HWVL72 | Long             | DBT              | MUN               | US        |     75000 | PA      | $77882.76     | 0.15%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                     | Massachusetts Bay Transportation Authority, Series 2025B                                | CUSIP: 5755792A4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10854.40     | 0.02%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Bond Finance Authority                                                | Long Beach Bond Finance Authority, Series 2007A                                         | CUSIP: 54241AAW3<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38131.67     | 0.07%             | 2030-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                   | Washington Metropolitan Area Transit Authority, Series 2017B                            | CUSIP: 938782FS3<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30534.82     | 0.06%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 210 Federal Way                                  | King County School District No. 210, Series 2018                                        | CUSIP: 494890B39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $67649.74     | 0.13%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp.                                               | Grand Parkway Transportation Corp. System Toll, Series 2018A                            | CUSIP: 38611TBQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51019.39     | 0.10%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 3 Puyallup                                     | Pierce County School District No. 3, Series 2017                                        | CUSIP: 720390ZL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51451.13     | 0.10%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2022                                                          | CUSIP: 246381RL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20927.60     | 0.04%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                      | California State University, Series 2024A                                               | CUSIP: 13077DUQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $200317.07    | 0.38%             | 2046-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Town of Davie FL                                                                 | Town of Davie, Series 2018                                                              | CUSIP: 23867PBU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50282.65     | 0.10%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2023B                                                         | CUSIP: 452153FC8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     75000 | PA      | $79832.15     | 0.15%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | County of Miami-Dade, Series 2016A                                                      | CUSIP: 59333FSU5<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50224.01     | 0.10%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                   | Empire State Development Corp., Series 2020A                                            | CUSIP: 650036AL0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     95000 | PA      | $100192.19    | 0.19%             | 2041-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Horry County School District/SC                                                  | Horry County School District, Series 2024                                               | CUSIP: 440673K91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27189.22     | 0.05%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2020A                                         | CUSIP: 696550G89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $85853.98     | 0.16%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing & Finance Association, Series 2019A                                       | CUSIP: 45129WPQ7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |     75000 | PA      | $78742.30     | 0.15%             | 2036-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority, Series 2023CC                          | CUSIP: 64972GC85<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | STIV             | MUN               | US        |    350000 | PA      | $350000.00    | 0.67%             | 2053-06-15      | Variable      | 2.85%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2025A2                                     | CUSIP: 89602RPA7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10790.47     | 0.02%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County Public Hospital District No. 1                                       | King County Public Hospital District No. 1, Series 2016                                 | CUSIP: 494782KD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $136733.52    | 0.26%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Series 2024A                                             | CUSIP: 66285WQ82<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16854.27     | 0.03%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Howell Public Schools                                                            | Howell Public Schools, Series 2025II                                                    | CUSIP: 443114WU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21092.35     | 0.04%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JobsOhio Beverage System                                                         | JobsOhio Beverage System, Series 2025A                                                  | CUSIP: 47770VCQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $87274.43     | 0.17%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut, Series 2024A2                                                     | CUSIP: 207758U27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11323.21     | 0.02%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Special Health Care District                                     | Maricopa County Special Health Care District, Series 2018C                              | CUSIP: 56756TAM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $62742.37     | 0.12%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2023                                    | CUSIP: 71883PME4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16733.21     | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                   | Oklahoma Water Resources Board, Series 2025A                                            | CUSIP: 67919PWY5<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |     70000 | PA      | $73801.48     | 0.14%             | 2050-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                   | Sales Tax Securitization Corp., Series 2017A                                            | CUSIP: 79467BAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61028.73     | 0.12%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2018A                                   | CUSIP: 544525XE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15259.70     | 0.03%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | California State Public Works Board, Series 2022C                                       | CUSIP: 13068XCF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10971.99     | 0.02%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2023A1                                                         | CUSIP: 64966QG53<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26786.26     | 0.05%             | 2042-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water & Power, Series 2022A                                   | CUSIP: 544532DV3<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48032.98     | 0.09%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | New York State Thruway Authority, Series 2025A                                          | CUSIP: 650028B36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $274235.81    | 0.53%             | 2049-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                     | City & County of Honolulu, Series 2021E                                                 | CUSIP: 438687TX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $86973.45     | 0.17%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Series 2021A                                                       | CUSIP: 79625GDT7<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31657.62     | 0.06%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Washington                                                         | University of Washington, Series 2021A                                                  | CUSIP: 91523NVY9<br>LEI: T8YS5W0N70BYCTHPA429 | Long             | DBT              | MUN               | US        |     55000 | PA      | $56799.80     | 0.11%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | Los Angeles Department of Water & Power, Series 2024A                                   | CUSIP: 544525U71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $80729.47     | 0.15%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston, Series 2024A                                                           | CUSIP: 442332ED0<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26252.71     | 0.05%             | 2049-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 403 Bethel                                     | Pierce County School District No. 403, Series 2019                                      | CUSIP: 720611YE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10589.39     | 0.02%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Series 2024                                                           | CUSIP: 4140054F2<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76994.27     | 0.15%             | 2054-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | City of Philadelphia, Series 2023B                                                      | CUSIP: 7178932W0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48193.38     | 0.09%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DuPage County School District No. 58 Downers Grove                               | DuPage County School District No. 58, Series 2022                                       | CUSIP: 263165JP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $87300.31     | 0.17%             | 2039-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Long Beach Bond Finance Authority                                                | Long Beach Bond Finance Authority, Series 2007A                                         | CUSIP: 54241AAX1<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |     40000 | PA      | $44571.78     | 0.09%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Georgia Ports Authority                                                          | State of Georgia, Series 2021                                                           | CUSIP: 373586GF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $76910.88     | 0.15%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Utah (The)                                                         | University of Utah (The), Series 2022A                                                  | CUSIP: 915183X85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $82587.23     | 0.16%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2023B                                                         | CUSIP: 452153FD6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     70000 | PA      | $74055.77     | 0.14%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2020C                                                       | CUSIP: 93974EEA0<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47007.75     | 0.09%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2024C                                                      | CUSIP: 25476FH43<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20336.26     | 0.04%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority, Series 2024A                                       | CUSIP: 92778VPH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10986.56     | 0.02%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2024                                             | CUSIP: 54811GN63<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38730.93     | 0.07%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Shelby TN                                                              | County of Shelby, Series 2025A                                                          | CUSIP: 8216863R1<br>LEI: 5493000UVZ1EF2SIPO10 | Long             | DBT              | MUN               | US        |     55000 | PA      | $60275.98     | 0.12%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2019C                                             | CUSIP: 57582RWR3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26149.32     | 0.05%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency, Series 2022                                   | CUSIP: 57584Y3M9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16622.23     | 0.03%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2022D1                             | CUSIP: 64971XN95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55068.07     | 0.11%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                   | Empire State Development Corp., Series 2023A                                            | CUSIP: 64985TEG2<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16326.17     | 0.03%             | 2040-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2024A                                                      | CUSIP: 20772KVJ5<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16961.89     | 0.03%             | 2035-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | State of Maryland, Series 2018-2                                                        | CUSIP: 574193QQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $82656.54     | 0.16%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Municipal Gas Agency                                                   | Minnesota Municipal Gas Agency, Series 2026A                                            | CUSIP: 60406XAJ0<br>LEI: 549300SISI6N1C6S3136 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103032.98    | 0.20%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi Gaming Tax Revenue                                          | State of Mississippi, Series 2019A                                                      | CUSIP: 605638BH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $47110.68     | 0.09%             | 2030-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crowley Independent School District                                              | Crowley Independent School District, Series 2023                                        | CUSIP: 228130KG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61929.19     | 0.12%             | 2048-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand River Dam Authority                                                        | Grand River Dam Authority, Series 2016A                                                 | CUSIP: 386442WS2<br>LEI: 549300XGK5KWQHON4Q79 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10139.57     | 0.02%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2025A                                                | CUSIP: 45204FD36<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15960.89     | 0.03%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho State Building Authority                                                   | Idaho State Building Authority, Series 2024A                                            | CUSIP: 451446AE8<br>LEI: 549300XZ1VJYPPKQZU06 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21475.84     | 0.04%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Portland OR Sewer System Revenue                                         | City of Portland, Series 2019A                                                          | CUSIP: 736742ZW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21515.77     | 0.04%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority, Series 2026AA2                         | CUSIP: 64972GR97<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |     75000 | PA      | $80607.25     | 0.15%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook Kane Lake & McHenry Counties Community College District No. 512             | Cook Kane Lake & McHenry Counties Community College District No. 512, Series 2017B      | CUSIP: 216181GG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10576.50     | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Industries Authority                                                    | Oklahoma Industries Authority, Series 2024                                              | CUSIP: 67910FAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35830.04     | 0.07%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2026G                                                          | CUSIP: 64966SUA2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    150000 | PA      | $156139.29    | 0.30%             | 2053-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission, Series A                                 | CUSIP: 49151FY87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11174.80     | 0.02%             | 2042-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Colorado Springs CO Utilities System Revenue                             | City of Colorado Springs, Series 2025A                                                  | CUSIP: 1966328B2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $74131.72     | 0.14%             | 2050-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission, Series B                                 | CUSIP: 49151FNM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50728.46     | 0.10%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2021A                                                      | CUSIP: 605581NQ6<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     80000 | PA      | $86865.34     | 0.17%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gregory-Portland Independent School District/TX                                  | Gregory-Portland Independent School District, Series 2023                               | CUSIP: 397586SW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48409.20     | 0.09%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property & Building Commission                                           | CUSIP: 49151FYZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36652.07     | 0.07%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida, Series 2925B                                                          | CUSIP: 343137XR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $77063.13     | 0.15%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | San Antonio Water System, Series 2024B                                                  | CUSIP: 79642GRM6<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106279.89    | 0.20%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2018A                                                          | CUSIP: 373385CM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10547.87     | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2018A                                                      | CUSIP: 605581LB1<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10146.76     | 0.02%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2019A                                                         | CUSIP: 246381PA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20730.16     | 0.04%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                     | Orlando Utilities Commission, Series 2018A                                              | CUSIP: 686507JB1<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10266.14     | 0.02%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Series 2022A                                                          | CUSIP: 29270C4V4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $76088.10     | 0.15%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Valley Regional Finance Authority                                       | Delaware Valley Regional Finance Authority, Series 2002                                 | CUSIP: 246579GC4<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |     40000 | PA      | $45923.65     | 0.09%             | 2032-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2023                                                            | CUSIP: 181000TQ3<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    185000 | PA      | $183480.15    | 0.35%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Harris County Flood Control District                                             | Harris County Flood Control District, Series 2017A                                      | CUSIP: 4140186V8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25705.58     | 0.05%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allen County Building Corp.                                                      | Allen County Building Corp., Series 2024                                                | CUSIP: 01752EBC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $69507.37     | 0.13%             | 2041-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                      | New Hampshire Health and Education Facilities Authority, Series 2015                    | CUSIP: 6446142Y4<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100033.08    | 0.19%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2024D                                                        | CUSIP: 60412AS53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5042.18      | 0.01%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2022A                                                        | CUSIP: 604146GD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $79948.82     | 0.15%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aldine Independent School District                                               | Aldine Independent School District, Series 2024A                                        | CUSIP: 014393ZZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $109747.55    | 0.21%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                             | Oregon State Lottery, Series 2025A                                                      | CUSIP: 68607V6C4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10903.12     | 0.02%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority, Series 2023B                                          | CUSIP: 67766WL26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10702.87     | 0.02%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-De Anza Community College District                                      | Foothill-De Anza Community College District, Series 2021A                               | CUSIP: 345102NK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $41824.60     | 0.08%             | 2037-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. III                               | Texas Municipal Gas Acquisition & Supply Corp. III, Series 2021                         | CUSIP: 88256HBE7<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |    130000 | PA      | $136402.75    | 0.26%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO                                                       | City & County of Denver, Series 2020B                                                   | CUSIP: 249164QW7<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10970.45     | 0.02%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2020A                                     | CUSIP: 452252PM5<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21210.26     | 0.04%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp.                                                   | Sales Tax Securitization Corp., Series 2024A                                            | CUSIP: 79467BHQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $38259.12     | 0.07%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Series 2019                                                 | CUSIP: 45204EW46<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10188.80     | 0.02%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Authority for Colorado Energy                                             | Public Authority for Colorado Energy, Series 2008                                       | CUSIP: 744387AD3<br>LEI: 549300C6IJKXQOMRAB11 | Long             | DBT              | MUN               | US        |     85000 | PA      | $100536.42    | 0.19%             | 2038-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                           | State of West Virginia, Series 2018B                                                    | CUSIP: 956553B91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $150056.41    | 0.29%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                     | Massachusetts Bay Transportation Authority, Series 2025B                                | CUSIP: 5755792B2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10736.75     | 0.02%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                             | Minneapolis-St. Paul Metropolitan Airports Commission, Series 2024A                     | CUSIP: 603827N44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $34956.90     | 0.07%             | 2054-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin, Series 2024                                                             | CUSIP: 052477YC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22200.07     | 0.04%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2024A                            | CUSIP: 64613CEM6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     65000 | PA      | $73444.22     | 0.14%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Convention Center/Orlando                                          | Orange County Convention Center, Series 2017                                            | CUSIP: 684545A97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31714.88     | 0.06%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | California State Public Works Board, Series 2024A                                       | CUSIP: 13068XLE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $58556.24     | 0.11%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Series 2023D1                             | CUSIP: 64971X4A3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10794.15     | 0.02%             | 2041-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2023B                                            | CUSIP: 09182NCT5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16010.10     | 0.03%             | 2053-12-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | City of Chicago, Series 2024A                                                           | CUSIP: 167736Z67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $64393.21     | 0.12%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut, Series 2024A2                                                     | CUSIP: 207758T94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44857.24     | 0.09%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2021A1                                     | CUSIP: 89602HAB3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101965.27    | 0.20%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Commerce Corp.                                                      | Rhode Island Commerce Corp., Series 2020A                                               | CUSIP: 762232BU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53414.43     | 0.10%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Middleton-Cross Plains Area School District/WI                                   | Middleton-Cross Plains Area School District, Series 2019A                               | CUSIP: 596697QV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $49438.82     | 0.09%             | 2036-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2024B                                                            | CUSIP: 235219YA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10449.65     | 0.02%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                           | Lewisville Independent School District, Series 2020                                     | CUSIP: 52882PEF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10762.12     | 0.02%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Series 2023A                                                | CUSIP: 45884AF73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $84967.04     | 0.16%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Series 2024D                                                          | CUSIP: 64966SCQ7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     55000 | PA      | $48909.67     | 0.09%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Stadium & Exposition District                                          | Louisiana Stadium & Exposition District, Series 2023A                                   | CUSIP: 546410CT6<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |     65000 | PA      | $69376.94     | 0.13%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Onondaga County Trust for Cultural Resources                                     | Onondaga County Trust for Cultural Resources, Series 2019                               | CUSIP: 68276FDQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $62018.22     | 0.12%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Williamson TX                                                          | County of Williamson, Series 2024                                                       | CUSIP: 969888CQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15668.87     | 0.03%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2020A                                   | CUSIP: 2350365B2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10143.95     | 0.02%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District, Series 2025E                         | CUSIP: 84136HCT8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    165000 | PA      | $175076.25    | 0.34%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2017                                           | CUSIP: 709224B65<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     70000 | PA      | $71522.31     | 0.14%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2023A                                                             | CUSIP: 677523FZ0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     50000 | PA      | $55248.60     | 0.11%             | 2031-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tallahassee FL Energy System Revenue                                     | City of Tallahassee, Series 2024                                                        | CUSIP: 874476LQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22741.05     | 0.04%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Alabama Gas District (The)                                                 | Lower Alabama Gas District (The), Series 2025A                                          | CUSIP: 547804AQ7<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |     70000 | PA      | $72686.70     | 0.14%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Series 2021A                                                       | CUSIP: 79625GDW0<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35803.25     | 0.07%             | 2049-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2018C                                                       | CUSIP: 93974D2N7<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     65000 | PA      | $67262.29     | 0.13%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge & Tunnel Authority, Series 2024A1                                     | CUSIP: 89602RLT0<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     75000 | PA      | $78536.54     | 0.15%             | 2051-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                     | Massachusetts Bay Transportation Authority, Series 2025B                                | CUSIP: 5755792G1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76898.21     | 0.15%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | Florida State of Education, Series 2020A                                                | CUSIP: 34153QSW7<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47378.66     | 0.09%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Series 2023C                                            | CUSIP: 09182TDB0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     50000 | PA      | $53942.72     | 0.10%             | 2054-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida, Series 2019A                                                          | CUSIP: 343137EM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26351.68     | 0.05%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | County of Miami-Dade, Series 2025A                                                      | CUSIP: 59334DQP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102431.18    | 0.20%             | 2055-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public Building Authority                                               | Virginia Public Building Authority, Series 2020A                                        | CUSIP: 9281725M3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $151640.38    | 0.29%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Series 2024A                                      | CUSIP: 153476JG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $88397.89     | 0.17%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | City of Houston, Series 2023B                                                           | CUSIP: 442349HA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10509.02     | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston, Series 2017A                                                           | CUSIP: 442331U69<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |     60000 | PA      | $61170.53     | 0.12%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | Dallas Independent School District, Series 2021A                                        | CUSIP: 235308C92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10462.76     | 0.02%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas, Series 2025A                                                           | CUSIP: 485424TZ8<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |     50000 | PA      | $55530.80     | 0.11%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | University of California, Series 2025CB                                                 | CUSIP: 91412HUY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11312.71     | 0.02%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                               | Austin Independent School District, Series 2024                                         | CUSIP: 052430WW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53548.84     | 0.10%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2017A                                             | CUSIP: 882854ZV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $82084.59     | 0.16%             | 2027-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series V                                                                 | CUSIP: 677522C51<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     50000 | PA      | $52244.79     | 0.10%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Series 2023A                                                          | CUSIP: 414005W46<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10359.66     | 0.02%             | 2048-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Weld County School District No. RE-4                                             | Weld County School District No. Re4, Series 2023                                        | CUSIP: 949232EZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $16020.29     | 0.03%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | Delaware Transportation Authority, Series 2020                                          | CUSIP: 246428J80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $87693.11     | 0.17%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2022                                              | CUSIP: 8828547S5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $66998.60     | 0.13%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pueblo School District No. 60                                                    | Pueblo School District No. 60, Series 2020                                              | CUSIP: 744873GA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10817.69     | 0.02%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2018B                                                      | CUSIP: 25476FWS3<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21057.18     | 0.04%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2023A                                        | CUSIP: 64990F4G6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     10000 | PA      | $11261.59     | 0.02%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Series 2025A                                      | CUSIP: 153476KA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $71668.15     | 0.14%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, Series 2024B                                      | CUSIP: 1675935D0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15304.99     | 0.03%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of North Carolina                                                          | State of North Carolina, Series 2021                                                    | CUSIP: 658268ES2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10939.78     | 0.02%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Series B                                                                | CUSIP: 8827236X2<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15507.89     | 0.03%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia, Series 2020C                                                      | CUSIP: 25477GSW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27020.96     | 0.05%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                       | Metropolitan Water Reclamation District of Greater Chicago, Series 2021C                | CUSIP: 167560VS7<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |     15000 | PA      | $16193.00     | 0.03%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin, Series 2017                                                             | CUSIP: 052477N44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $62262.41     | 0.12%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2021A                                                         | CUSIP: 196711TW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32875.34     | 0.06%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Northern Funds

**Signature:** Randal Rein

**Name of Signer:** Randal Rein

**Title:** Treasurer and PFO