# EDGAR Filing Document

**Accession Number:** 0000809872
**File Stem:** 0000940400-26-014630
**Filing Date:** 2026-4
**Character Count:** 68724
**Document Hash:** 976eb2d6fce42064a604873e86f13c39
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-014630.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0000940400-26-014630

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260227

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VOYAGEUR MUTUAL FUNDS II
- **CENTRAL INDEX KEY:** 0000809872

**ORGANIZATION NAME:**
- **EIN:** 841044878
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04989
- **FILM NUMBER:** 26890886

**BUSINESS ADDRESS:**
- **STREET 1:** 100 INDEPENDENCE
- **STREET 2:** 610 MARKET STREET
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19106-2354
- **BUSINESS PHONE:** 18005231918

**MAIL ADDRESS:**
- **STREET 1:** 100 INDEPENDENCE
- **STREET 2:** 610 MARKET STREET
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19106-2354

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VOYAGEUR MUTUAL FUNDS INC-II
- **DATE OF NAME CHANGE:** 19940328

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VOYAGEUR COLORADO TAX FREE FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COLORADO DOUBLE TAX EXEMPT FUND INC
- **DATE OF NAME CHANGE:** 19900625

## Series and Classes Contracts Data

### Nomura Tax-Free Colorado Fund (Series ID: S000002417)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000006424 | Class A             | VCTFX           |
| C000006426 | Class C             | DVCTX           |
| C000135931 | Institutional Class | DCOIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Voyageur Mutual Funds II

- **b. Investment Company Act file number:** 811-04989

- **c. CIK number of Registrant:** 0000809872

- **d. LEI of Registrant:** 549300H611PRQB3GVZ78

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

  - **Street Address 1:** 100 Independence

  - **City:** Philadelphia

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19106

  - **Telephone number:** 800-523-1918

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

- **a. Name of Series:** Nomura Tax-Free Colorado Fund

- **b. EDGAR series identifier (if any):** S000002417

- **c. LEI of Series:** UI0P83JQ1QSD6YFNC886

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2026-02-27

**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:** $254094959.91

**Total Liabilities:** $3070575.90

**Net Assets:** $251024384.01

**Delayed Delivery Securities:** $2116780.00

**Cash Not Reported:** $2072951.66

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 365.88871000 | **1-Year:** 3187.77001000 | **5-Year:** 34929.04228000 | **10-Year:** 146301.69692000 | **30-Year:** 10710.24958000

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

- **3-Month:** 52.74769000 | **1-Year:** 262.83798000 | **5-Year:** 436.81037000 | **10-Year:** 2558.22551000 | **30-Year:** 154.19301000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000006424 | -0.08%               | 0.71%                | 1.64%                |
| Class ID C000006426 | -0.14%               | 0.64%                | 1.58%                |
| Class ID C000135931 | -0.05%               | 0.73%                | 1.66%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-892459.60                                |
| Month 2  | $13032.63                | $815196.25                                 |
| Month 3  | $-56417.52               | $3464307.31                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| COLORADO HIGH PERFORMANCE TRAN ENTERPRISE                           | CO COHTRN 5 12/31/2056               | CUSIP: 19648DAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1240087.50   | 0.49%             | 2056-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 5 05/15/2047               | CUSIP: 19648FVG6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1442458.80   | 0.57%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REGIONAL TRANSN DIST COLO                                           | CO REGTRN 4 07/15/2040               | CUSIP: 759151BW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2815000 | PA      | $2822938.30   | 1.12%             | 2040-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                                | PR PRCGEN 0 07/01/2046               | CUSIP: 74529JQG3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |  12621000 | PA      | $4539899.91   | 1.81%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 5 12/15/2045               | CUSIP: 19645RB42<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1492965.00   | 0.59%             | 2045-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 5 12/01/2050               | CUSIP: 19645UER1<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    950000 | PA      | $871463.50    | 0.35%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WELD CNTY COLO SCH DIST NO RE-1                                     | CO WELSCD 5 12/15/2031               | CUSIP: 949238DA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018110.00   | 0.41%             | 2031-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERPARK MET DIST COLO                                             | CO RPKFAC 6.38 12/01/2054            | CUSIP: 76883BAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1283350.00   | 0.51%             | 2054-12-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| DENVER (CO), CITY AND COUNTY OF                                     | CO DENAPT 4 11/15/2041               | CUSIP: 249182QS8<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |    710000 | PA      | $714799.60    | 0.28%             | 2041-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 6.25 12/01/2050            | CUSIP: 19648A5H4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    935000 | PA      | $658221.30    | 0.26%             | 2050-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| STERLING RANCH CMNTY AUTH BRD COLO                                  | CO STRDEV 6.5 12/01/2054             | CUSIP: 85950NAW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040640.00   | 0.41%             | 2054-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 5.25 05/15/2048            | CUSIP: 19648FA87<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028170.00   | 0.41%             | 2048-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 4 08/01/2037               | CUSIP: 19648FJX3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1150453.00   | 0.46%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 4.75 07/01/2026            | CUSIP: 74526QVZ2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    105000 | PA      | $70087.50     | 0.03%             | 2026-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 5 07/15/2037               | CUSIP: 19645RRC7<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1151690.50   | 0.46%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRAIRIE CTR MET DIST NO 3 COLO LTD PPTY TAX SUPPORTED PRIMARY IMPTS | CO PRAGEN 5.88 12/15/2046            | CUSIP: 739476AH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060590.00   | 0.42%             | 2046-12-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ADAMS & ARAPAHOE CNTYS COLO JT SCH DIST NO 28J AURORA               | CO ADAEDU 5.5 12/01/2054             | CUSIP: 005484DE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078810.00   | 0.43%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REGIONAL TRANSN DIST COLO                                           | CO REGTRN 4 07/15/2039               | CUSIP: 759151BV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1528890.00   | 0.61%             | 2039-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ADAMS & WELD CNTYS COLO SCH DIST NO 27J BRIGHTON                    | CO ADASCD 4 12/01/2046               | CUSIP: 005518XZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1334873.20   | 0.53%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REGIONAL TRANSN DIST COLO                                           | CO REGTRN 4 07/15/2034               | CUSIP: 759151BQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1136927.00   | 0.45%             | 2034-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 5 08/01/2037               | CUSIP: 19648FKP8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1581300.00   | 0.63%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CITY & CNTY                                             | CO DENAPT 5 10/01/2032               | CUSIP: 249271GV3<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |    215000 | PA      | $215352.60    | 0.09%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO SCH MINES                                                  | CO COSFAC 5 12/01/2054               | CUSIP: 19658QJB4<br>LEI: 549300TQMFMDZTM5HY46 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046330.00   | 0.42%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRAIRIE CTR MET DIST NO 3 COLO LTD PPTY TAX SUPPORTED PRIMARY IMPTS | CO PRAGEN 5 12/15/2041               | CUSIP: 739476AE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003220.00   | 0.40%             | 2041-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 5 07/01/2036               | CUSIP: 19645RC74<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500295.00    | 0.20%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHLANDS MET DIST NO 1 COLO                                       | CO SLAGEN 5 12/01/2047               | CUSIP: 84454RAX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300126.00    | 0.12%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 4 05/15/2032               | CUSIP: 19648A6E0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2007320.00   | 0.80%             | 2032-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5.25 07/01/2027            | CUSIP: 74526QYY2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    705000 | PA      | $470587.50    | 0.19%             | 2027-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ADAMS & ARAPAHOE CNTYS COLO JT SCH DIST NO 28J AURORA               | CO ADASCD 5.5 12/01/2046             | CUSIP: 0054824W1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3385000 | PA      | $3825794.70   | 1.52%             | 2046-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                                | PR PRCGEN 5 07/01/2058               | CUSIP: 74529JPX7<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   5041000 | PA      | $4947842.32   | 1.97%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HIGH PERFORMANCE TRAN ENTERPRISE                           | CO COHTRN 5.75 01/01/2044            | CUSIP: 19648DAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2141926.00   | 0.85%             | 2044-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 4 11/15/2043               | CUSIP: 19648FJE5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2290000 | PA      | $2272573.10   | 0.91%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AURORA COLO                                                         | CO AURWTR 5 08/01/2054               | CUSIP: 051595DE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1577823.00   | 0.63%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER (CO), CITY AND COUNTY OF                                     | CO DENWTR 5 09/15/2054               | CUSIP: 24916PML8<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1996615.00   | 0.80%             | 2054-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5.25 07/01/2025            | CUSIP: 74526QXY3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     95000 | PA      | $63412.50     | 0.03%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VILLAGE MET DIST COLO                                               | CO VLLFAC 5.75 12/01/2055            | CUSIP: 92708CAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1826496.00   | 0.73%             | 2055-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 8 08/01/2043               | CUSIP: 19648AQ99<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $636110.00    | 0.25%             | 2043-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DENVER (CO), CITY AND COUNTY OF                                     | CO DENGEN 4 08/01/2051               | CUSIP: 24917DCR2<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950280.00    | 0.38%             | 2051-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 5 11/01/2044               | CUSIP: 19648FPQ1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3410000 | PA      | $3510936.00   | 1.40%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 5.25 07/01/2046            | CUSIP: 19645RC82<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1350081.00   | 0.54%             | 2046-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MATCHING FD SPL PURP SECURITIZATION CORP VIRGIN IS                  | VI MFCFAC 5 10/01/2032               | CUSIP: 57665NAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $483525.00    | 0.19%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LA PLATA CNTY COLO SCH DIST NO 9-R DURANGO                          | Durango School District No 9-R       | CUSIP: 503768NX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077000.00   | 0.43%             | 2049-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHILDRENS TR FD P R                                                 | PR CHIGEN 0 05/15/2057               | CUSIP: 16876QBL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  53760000 | PA      | $2647142.40   | 1.05%             | 2057-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COLORADO SCH MINES                                                  | CO COSFAC 4 12/01/2049               | CUSIP: 19658QJA6<br>LEI: 549300TQMFMDZTM5HY46 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1400130.00   | 0.56%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHLANDS MET DIST NO 1 COLO                                       | CO SLAGEN 5 12/01/2037               | CUSIP: 84454RAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505485.00    | 0.20%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 5 06/01/2026               | CUSIP: 19645RRW3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    245000 | PA      | $247084.95    | 0.10%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 4 09/01/2050               | CUSIP: 19648FPY4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1886517.50   | 0.75%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARAPAHOE CNTY COLO WTR & WASTEWATER AUTH                            | CO ARAUTL 4 12/01/2036               | CUSIP: 038716GR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3112350.00   | 1.24%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 5 05/15/2054               | CUSIP: 19648FYJ7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029580.00   | 0.41%             | 2054-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRIGHTON COLO                                                       | CO BRIWTR 4.25 06/01/2055            | CUSIP: 10932PHR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $964420.00    | 0.38%             | 2055-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DENVER (CO), CITY AND COUNTY OF                                     | CO DENAPT 5 11/15/2047               | CUSIP: 249182QV1<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031160.00   | 0.41%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METRO WASTEWTR RECLAMATION DIST COLO                                | CO METPOL 3 04/01/2038               | CUSIP: 59164GFK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1562927.40   | 0.62%             | 2038-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 4 08/01/2049               | CUSIP: 19648FXH2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3670000 | PA      | $3370858.30   | 1.34%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GYPSUM COLO                                                         | CO GYPUTL 5 12/01/2054               | CUSIP: 40377VCF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2082520.00   | 0.83%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                                | PR PRCGEN 4.75 07/01/2053            | CUSIP: 74529JPW9<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   1855000 | PA      | $1808847.60   | 0.72%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 4 05/01/2051               | CUSIP: 19645UGG3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    500000 | PA      | $416890.00    | 0.17%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 4 05/01/2061               | CUSIP: 19645UGH1<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $993625.00    | 0.40%             | 2061-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 5 12/01/2047               | CUSIP: 19648FTP9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1830000 | PA      | $1883747.10   | 0.75%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADAMS & ARAPAHOE CNTYS COLO JT SCH DIST NO 28J AURORA               | CO ADASCD 5.5 12/01/2045             | CUSIP: 0054824V3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2725000 | PA      | $3114266.25   | 1.24%             | 2045-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5.75 07/01/2036            | CUSIP: 74526QWE8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    365000 | PA      | $243637.50    | 0.10%             | 2036-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CANYONS MET DIST NO 5 COLO                                          | CO CNYFAC 5.25 12/01/2059            | CUSIP: 139071AY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2082280.00   | 0.83%             | 2059-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                                | PR PRCGEN 4.54 07/01/2053            | CUSIP: 74529JRK3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2814840.00   | 1.12%             | 2053-07-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5 07/01/2028               | CUSIP: 74526QVC3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    660000 | PA      | $440550.00    | 0.18%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO HEALTH & HOSP AUTH                                      | CO DENMED 4 12/01/2038               | CUSIP: 24918TAQ0<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    750000 | PA      | $737655.00    | 0.29%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 5 05/01/2031               | CUSIP: 19645DBX9<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002360.00   | 0.40%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 5 12/01/2055               | CUSIP: 19645UES9<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $899180.00    | 0.36%             | 2055-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HIGHER ED LEASE PUR FING PROG                           | CO COSEDU 4 09/01/2041               | CUSIP: 196737AV2<br>LEI: 549300CDLHGMBQF2FY68 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016870.00   | 0.41%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 5 12/01/2054               | CUSIP: 19648FNG5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2220000 | PA      | $1531800.00   | 0.61%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                 | PR PRC 11/01/2043                    | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   3863293 | PA      | $2641526.38   | 1.05%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST BRD GOVERNORS                                           | CO COSHGR 5 03/01/2043               | CUSIP: 196707MR1<br>LEI: 549300MAE3RAIIEIQV71 | Long             | DBT              | MUN               | US        |   3990000 | PA      | $4692160.20   | 1.87%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 5 11/01/2054               | CUSIP: 19645UBN3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1441440.00   | 0.57%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BEACON PT MET DIST COLO                                             | CO BEAGEN 5 12/01/2030               | CUSIP: 07367LAP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1131977.50   | 0.45%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR                             | CO PUBUTL 6.5 11/15/2038             | CUSIP: 744387AD3<br>LEI: 549300C6IJKXQOMRAB11 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $5264602.50   | 2.10%             | 2038-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| COLORADO HIGH PERFORMANCE TRAN ENTERPRISE                           | CO COHTRN 5 12/31/2051               | CUSIP: 19648DAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2990000 | PA      | $2989820.60   | 1.19%             | 2051-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 5 12/01/2042               | CUSIP: 19645RRH6<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    540000 | PA      | $540059.40    | 0.22%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDL MED & ENVIRONMENTAL CTL FACS FING AUTH | PR PRCMED 4 07/01/2039               | CUSIP: 74527EFV5<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |     75000 | PA      | $72874.50     | 0.03%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 5 09/15/2048               | CUSIP: 19648FHS6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2243970.00   | 0.89%             | 2048-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EL PASO CNTY COLO SCH DIST NO 2 HARRISON                            | CO ELPSCD 5 12/01/2038               | CUSIP: 283371PW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057540.00   | 0.42%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 5.8 04/01/2054             | CUSIP: 19645URG1<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004190.00   | 0.40%             | 2054-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 5 07/01/2036               | CUSIP: 19645RY54<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1756300.00   | 0.70%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 7.45 08/01/2048            | CUSIP: 19645RTT8<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002710.00   | 0.40%             | 2048-08-01      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 5.5 12/01/2055             | CUSIP: 19648FE42<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3174270.00   | 1.26%             | 2055-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5.25 07/01/2033            | CUSIP: 74526QVD1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    210000 | PA      | $140175.00    | 0.06%             | 2033-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 4 11/15/2050               | CUSIP: 19648FSH8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   6015000 | PA      | $5480086.05   | 2.18%             | 2050-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY COLO HOSP AUTH                                           | CO UCOMED 11/15/2039                 | CUSIP: 914183BL1<br>LEI: GQ60RLZ5ZEBY2J9KLI75 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 1.20%             | 2039-11-15      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 5 05/15/2058               | CUSIP: 19648FTJ3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1098600.00   | 0.44%             | 2058-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO BRDG & TUNL ENTERPRISE                                     | CO CBTTRN 5.25 12/01/2054            | CUSIP: 19633TBA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $532975.00    | 0.21%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 5 12/01/2033               | CUSIP: 19645RRG8<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    355000 | PA      | $355308.85    | 0.14%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSU STRATA COLO                                                     | CO CSUFAC 5.5 03/01/2065             | CUSIP: 22945UAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1705100.00   | 0.68%             | 2065-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 4 12/01/2040               | CUSIP: 19648FRV8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1254412.50   | 0.50%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CITY & CNTY HSG AUTH                                    | CO DENMFH 4.5 07/01/2041             | CUSIP: 24917QBJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2575800.00   | 1.03%             | 2041-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 4 01/01/2037               | CUSIP: 19648FLN2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3470000 | PA      | $3551579.70   | 1.41%             | 2037-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REGIONAL TRANSN DIST COLO                                           | CO REGTRN 5 07/15/2032               | CUSIP: 759151BM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1141328.10   | 0.45%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO BRDG & TUNL ENTERPRISE                                     | CO CBTTRN 5.5 12/01/2054             | CUSIP: 19633TAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2163240.00   | 0.86%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REGIONAL TRANSN DIST COLO                                           | CO REGTRN 4 07/15/2038               | CUSIP: 759151BU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $708575.00    | 0.28%             | 2038-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO                       | PR PRCDEV 7.5 08/20/2040             | CUSIP: 36829QAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5810508 | PA      | $5714867.04   | 2.28%             | 2040-08-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 5 07/01/2046               | CUSIP: 19645RY62<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    500000 | PA      | $497960.00    | 0.20%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND JUNCTION COLO                                                 | CO GRAGEN 5 03/01/2049               | CUSIP: 385789DE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2570000 | PA      | $2692537.60   | 1.07%             | 2049-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REGIONAL TRANSN DIST COLO                                           | CO REGTRN 5 11/01/2031               | CUSIP: 759136TY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1523464.80   | 0.61%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER (CO), CITY AND COUNTY OF                                     | CO DENAPT 4 12/01/2048               | CUSIP: 249182LP9<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   4845000 | PA      | $4382593.20   | 1.75%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 4.75 07/01/2027            | CUSIP: 74526QWX6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     85000 | PA      | $56737.50     | 0.02%             | 2027-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ADAMS CNTY COLO SCH DIST NO 14                                      | CO ADASCD 5.5 12/01/2038             | CUSIP: 005662PE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $914083.20    | 0.36%             | 2038-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 4 05/15/2035               | CUSIP: 19648FFR0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    685000 | PA      | $692000.70    | 0.28%             | 2035-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH PWRR                                      | Puerto Rico Electric Power Authority | CUSIP: 74526QUT7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |    460000 | PA      | $307050.00    | 0.12%             | 2017-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COLORADO SPRINGS (CO), CITY OF                                      | CO CSPUTL 5.25 11/15/2055            | CUSIP: 1966328C0<br>LEI: 2549003N3PXBHQH2V448 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8073300.00   | 3.22%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| METRO WASTEWTR RECLAMATION DIST COLO                                | CO METPOL 5 04/01/2051               | CUSIP: 59164GGP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2130240.00   | 0.85%             | 2051-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOUNTAIN COLO URBAN RENEWAL AUTH                                    | CO FURDEV 5.5 11/01/2044             | CUSIP: 35069WAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1374876.25   | 0.55%             | 2044-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 5 01/15/2035               | CUSIP: 19648A4M4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001780.00   | 0.40%             | 2035-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 4 05/15/2048               | CUSIP: 19648FTE4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $878280.00    | 0.35%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                 | PR PRC 4 07/01/2041                  | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1422839 | PA      | $1380964.85   | 0.55%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO HEALTH & HOSP AUTH                                      | CO DENMED 4 12/01/2040               | CUSIP: 24918EEJ5<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    250000 | PA      | $240100.00    | 0.10%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BASELINE MET DIST NO 1 COLO                                         | CO BSLGEN 4 12/01/2046               | CUSIP: 069826AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $484750.00    | 0.19%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VERVE MET DIST NO 1 COLO                                            | CO VRVGEN 5 12/01/2051               | CUSIP: 92538YAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1786660.00   | 0.71%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 5.25 12/01/2054            | CUSIP: 19648FXU3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2078840.00   | 0.83%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VAIL COLO                                                           | CO VAICTF 5.5 12/01/2064             | CUSIP: 91878DAX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3226890.00   | 1.29%             | 2064-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHERRY CREEK COLO SCH DIST NO 005                                   | CO CHRSCD 5.25 12/15/2041            | CUSIP: 164555EA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1747680.00   | 0.70%             | 2041-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| REGIONAL TRANSN DIST COLO                                           | CO REGTRN 3 07/15/2037               | CUSIP: 759151BT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $957237.25    | 0.38%             | 2037-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CONVENTION CTR HOTEL AUTH                               | CO DENFAC 5 12/01/2040               | CUSIP: 249189DS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2675241.80   | 1.07%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADAMS CNTY COLO SCH DIST NO 14                                      | CO ADASCD 5.5 12/01/2037             | CUSIP: 005662PD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $885645.60    | 0.35%             | 2037-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 5 11/01/2044               | CUSIP: 19645RYX3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    890000 | PA      | $889973.30    | 0.35%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                 | PR PRC 11/01/2051                    | CUSIP: 74514L4G9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1185249 | PA      | $733372.66    | 0.29%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| PLAZA MET DIST NO 1 COLO                                            | CO PLZGEN 5 12/01/2040               | CUSIP: 72818QAX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1265759.00   | 0.50%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTENNIAL WTR & SANTN DIST COLO                                    | CO CENWTR 4 12/01/2038               | CUSIP: 15141GAQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $512710.00    | 0.20%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 4 08/01/2038               | CUSIP: 19648FJY1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    120000 | PA      | $121618.80    | 0.05%             | 2038-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GUAM PWR AUTH                                                       | GU GMSPWR 5 10/01/2035               | CUSIP: 400653KA8<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1809854.80   | 0.72%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH PWRR                                      | Puerto Rico Electric Power Authority | CUSIP: 74526QUV2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |    360000 | PA      | $240300.00    | 0.10%             | 2019-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5.25 07/01/2024            | CUSIP: 74526QXP2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    140000 | PA      | $93450.00     | 0.04%             | 2024-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 5 05/15/2052               | CUSIP: 19648FVH4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1234650.10   | 0.49%             | 2052-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JOHNSTOWN COLO                                                      | CO JOHUTL 4 12/01/2051               | CUSIP: 479521AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2875000 | PA      | $2660812.50   | 1.06%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 4 03/01/2035               | CUSIP: 19645R5Y3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    400000 | PA      | $403680.00    | 0.16%             | 2035-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 3 11/15/2051               | CUSIP: 19648FSJ4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   6325000 | PA      | $4660323.25   | 1.86%             | 2051-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COLORADO DEPT TRANS                                                 | CO COSTRN 5 06/15/2034               | CUSIP: 19645TAR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $664633.20    | 0.26%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 5 12/01/2039               | CUSIP: 19648FXT6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1667160.00   | 0.66%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER (CO), CITY AND COUNTY OF                                     | CO DENAPT 5.25 12/01/2043            | CUSIP: 249182LX2<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2076440.00   | 0.83%             | 2043-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY COLO HOSP AUTH                                           | CO UCOMED 11/15/2035                 | CUSIP: 914183BJ6<br>LEI: GQ60RLZ5ZEBY2J9KLI75 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.40%             | 2035-11-15      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5 07/01/2019               | CUSIP: 74526QXC1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    620000 | PA      | $413850.00    | 0.16%             | 2019-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTMINSTER COLO                                                    | CO WESUTL 5 12/01/2054               | CUSIP: 960686EQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3185000 | PA      | $3354187.20   | 1.34%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO SPRINGS (CO), CITY OF                                      | CO CSPUTL 4 11/15/2050               | CUSIP: 196632U35<br>LEI: 2549003N3PXBHQH2V448 | Long             | DBT              | MUN               | US        |   2035000 | PA      | $1927552.00   | 0.77%             | 2050-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST BLDG EXCELLENT SCHS TODAY                               | CO COSEDU 4 03/15/2037               | CUSIP: 19668QLY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1533435.00   | 0.61%             | 2037-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO DEPT TRANS                                                 | CO COSTRN 5 06/15/2036               | CUSIP: 19645TAT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1061910.25   | 0.42%             | 2036-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND RIVER HOSP DIST COLO                                          | CO GRRMED 5.25 12/01/2035            | CUSIP: 386448EN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053580.00   | 0.42%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ADAMS CNTY COLO SCH DIST NO 14                                      | CO ADASCD 5.5 12/01/2036             | CUSIP: 005662PC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $911580.00    | 0.36%             | 2036-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 7.62 08/01/2033            | CUSIP: 19648AQ81<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    150000 | PA      | $111156.00    | 0.04%             | 2033-08-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| COLORADO HSG & FIN AUTH                                             | CO COSHSG 4.8 10/01/2059             | CUSIP: 19648GLU4<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004970.00   | 0.40%             | 2059-10-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| RIVERPARK MET DIST COLO                                             | CO RPKFAC 6 12/01/2042               | CUSIP: 76883BAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $773697.40    | 0.31%             | 2042-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHERRY CREEK COLO SCH DIST NO 005                                   | CO CHRSCD 5.25 12/15/2048            | CUSIP: 164555EV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4439400.00   | 1.77%             | 2048-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO ST BRD GOVERNORS                                           | CO COSHGR 4 03/01/2047               | CUSIP: 196707XS7<br>LEI: 549300MAE3RAIIEIQV71 | Long             | DBT              | MUN               | US        |   1065000 | PA      | $991706.70    | 0.40%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HSG & FIN AUTH                                             | CO COSHSG 4.7 10/01/2059             | CUSIP: 19648GNY4<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |    750000 | PA      | $752055.00    | 0.30%             | 2059-10-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| AEROTROPOLIS COLO REGL TRANSN AUTH                                  | CO AERTRN 5.5 12/01/2044             | CUSIP: 008051AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1547625.00   | 0.62%             | 2044-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5.25 07/01/2040            | CUSIP: 74526QVX7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1228200.00   | 0.49%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 4 03/01/2036               | CUSIP: 19645R5Z0<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    550000 | PA      | $554163.50    | 0.22%             | 2036-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                           | CO COSMED 5.12 12/01/2055            | CUSIP: 19648FZK3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1995820.00   | 0.80%             | 2055-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5.05 07/01/2042            | CUSIP: 74526QZY1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    170000 | PA      | $113475.00    | 0.05%             | 2042-07-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| DENVER COLO HEALTH & HOSP AUTH                                      | CO DENMED 4 12/01/2039               | CUSIP: 24918EEL0<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $972250.00    | 0.39%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENVER (CO), CITY AND COUNTY OF                                     | CO DENAPT 5 11/15/2030               | CUSIP: 249182KQ8<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |    500000 | PA      | $520095.00    | 0.21%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                 | PR PRC 4 07/01/2046                  | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    900000 | PA      | $812556.00    | 0.32%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH                                   | CO COSEDU 4 01/01/2052               | CUSIP: 19645UKT0<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $935786.05    | 0.37%             | 2052-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT WTRWKS AUTH                                               | GU GMSUTL 5 07/01/2043               | CUSIP: 40065FED2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $796740.00    | 0.32%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                                | PR PRCGEN 0 07/01/2051               | CUSIP: 74529JQH1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |  14280000 | PA      | $3757068.00   | 1.50%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-23

**Name of Applicant:** Voyageur Mutual Funds II

**Signature:** Dan Geatens

**Name of Signer:** Dan Geatens

**Title:** Division Director - Head of US Fund Administration