# EDGAR Filing Document

**Accession Number:** 0000789281
**File Stem:** 0001145549-25-040604
**Filing Date:** 2025-6
**Character Count:** 158754
**Document Hash:** 47b2cfaf7c6f4d4f21679254c86f7a86
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-040604.hdr.sgml**: 20250624

**ACCESSION NUMBER**: 0001145549-25-040604

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250624

**DATE AS OF CHANGE**: 20250624

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes Income Securities Trust
- **CENTRAL INDEX KEY:** 0000789281

**ORGANIZATION NAME:**
- **EIN:** 251412886
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04577
- **FILM NUMBER:** 251066895

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561
- **BUSINESS PHONE:** 8003417400

**MAIL ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED INCOME SECURITIES TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED FLOATING RATE TRUST
- **DATE OF NAME CHANGE:** 19920205

## Series and Classes Contracts Data

### Federated Hermes Muni and Stock Advantage Fund (Series ID: S000009076)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000024657 | Class A Shares       | FMUAX           |
| C000024659 | Class C Shares       | FMUCX           |
| C000051328 | Class F Shares       | FMUFX           |
| C000098257 | Institutional Shares | FMUIX           |
| C000188219 | Class T Shares       |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Federated Hermes Income Securities Trust

- **b. Investment Company Act file number:** 811-04577

- **c. CIK number of Registrant:** 0000789281

- **d. LEI of Registrant:** 254900ZSL64R3SX7WJ45

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

  - **Street Address 1:** Federated Hermes Funds

  - **City:** Warrendale

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 15086-7561

  - **Telephone number:** 8003417400

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

- **a. Name of Series:** Federated Hermes Muni and Stock Advantage Fund

- **b. EDGAR series identifier (if any):** S000009076

- **c. LEI of Series:** HCY4VLSS0D2ZZF37FQ04

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1317138453.48

**Total Liabilities:** $711159.55

**Net Assets:** $1316427293.93

**Cash Not Reported:** $1405105.26

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1288.349233800000 | **1-Year:** -23009.400635200000 | **5-Year:** -95100.695955800000 | **10-Year:** -235079.157141200000 | **30-Year:** -89564.954620600000

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

- **3-Month:** -222.902963300000 | **1-Year:** -3897.564198500000 | **5-Year:** -15286.266599400000 | **10-Year:** -29535.003714100000 | **30-Year:** -12939.062948300000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000024657 | -0.23%               | -3.26%               | -1.31%               |
| Class ID C000024659 | -0.22%               | -3.33%               | -1.38%               |
| Class ID C000051328 | -0.17%               | -3.26%               | -1.31%               |
| Class ID C000098257 | -0.15%               | -3.24%               | -1.29%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4894383.52              | $-10238278.65                              |
| Month 2  | $-17484.55               | $-48099844.69                              |
| Month 3  | $-699751.03              | $-18979706.07                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MINNESOTA MUNI GAS AGY COMMODI | Minnesota Municipal Gas Agency                                                   | CUSIP: 60406UAN7<br>LEI: 549300SISI6N1C6S3136 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4970433.50   | 0.38%             | 2052-12-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ CIVIC IMPT CORP ARP | City of Phoenix Civic Improvement Corp                                           | CUSIP: 71883MPB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2515910.50   | 0.19%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF CALIFORNIA REVENUES    | University of California                                                         | CUSIP: 91412G2G9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2440000 | PA      | $2499682.16   | 0.19%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOK CNTY IL                   | County of Cook IL                                                                | CUSIP: 213185MY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $819617.70    | 0.06%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wendy's Co/The                 | Wendy's Co/The                                                                   | CUSIP: 95058W100<br>LEI: 529900M0JIUCMWVKHG76 | Long             | EC               | CORP              | US        |    337564 | NS      | $4219550.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST  | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 64613CCK2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2246303.40   | 0.17%             | 2048-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST BAY TRANSPRTN | Massachusetts Bay Transportation Authority Sales Tax Revenue                     | CUSIP: 575579Q91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1506167.97   | 0.11%             | 2053-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM | North Carolina Medical Care Commission                                           | CUSIP: 65820YTN6<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $980924.30    | 0.07%             | 2044-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                  | STATE OF WASHINGTON                                                              | CUSIP: 93974D2P2<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7226531.90   | 0.55%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories            | Abbott Laboratories                                                              | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     16057 | NS      | $2099452.75   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWER AL GAS DIST GAS PROJ REV | Lower Alabama Gas District/The                                                   | CUSIP: 547804AD6<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2113068.38   | 0.16%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL  | New York City Transitional Finance Authority Building Aid Revenue                | CUSIP: 64972HY48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3124310.70   | 0.24%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST SPL TAX OBLIG R | State of Connecticut Special Tax Revenue                                         | CUSIP: 207758L50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1610327.10   | 0.12%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PIMA CNTY AZ INDL DEV AUTH SEN | Industrial Development Authority of the County of Pima/The                       | CUSIP: 72178AAH5<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2099760.60   | 0.16%             | 2052-11-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| PORT OF GTR CINCINNATI DEV AUT | Port of Greater Cincinnati Development Authority                                 | CUSIP: 734195EE6<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1406267.40   | 0.11%             | 2058-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX CULTURAL EDU FA | HARRIS COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP                         | CUSIP: 414009LE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1902182.80   | 0.14%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CUMBERLAND CNTY PA MUNI AUTH   | Cumberland County Municipal Authority                                            | CUSIP: 230614TH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $454976.80    | 0.03%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST MUNI PWR AGY        | INDIANA MUNICIPAL POWER AGENCY                                                   | CUSIP: 454898VR5<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1267625.00   | 0.10%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH MUNI CTFS | New Hampshire Business Finance Authority                                         | CUSIP: 63607WAQ7<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   1481804 | PA      | $1411125.35   | 0.11%             | 2051-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL  | New York City Transitional Finance Authority Future Tax Secured Revenue          | CUSIP: 64971X7H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1805754.00   | 0.14%             | 2051-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Danaher Corp                   | Danaher Corp                                                                     | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     20357 | NS      | $4057760.81   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| LANCASTER PA MUNI AUTH HLTHCAR | Lancaster Municipal Authority                                                    | CUSIP: 514350AM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $602066.29    | 0.05%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY-HOUSTON TX SPORTS  | Harris County-Houston Sports Authority                                           | CUSIP: 413890GW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1360306.42   | 0.10%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT JAMES PARISH LA REVENUE  | Parish of St James LA                                                            | CUSIP: 790103AY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1451060.97   | 0.11%             | 2041-08-01      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES MI WTR AUTH WTR SP | Great Lakes Water Authority Water Supply System Revenue                          | CUSIP: 39081JEV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2980000 | PA      | $3130489.40   | 0.24%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MET NASHVILLE TN ARPT AUTH ARP | Metropolitan Nashville Airport Authority/The                                     | CUSIP: 592190NM0<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   2705000 | PA      | $2423073.54   | 0.18%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SEATTLE WA WTR SYS REVENUE     | City of Seattle WA Water System Revenue                                          | CUSIP: 812728XT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1828157.10   | 0.14%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV | City & County of Denver CO Airport System Revenue                                | CUSIP: 249182SR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4174775.20   | 0.32%             | 2053-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JBS S/A                        | JBS S/A                                                                          | CUSIP: 000000000<br>LEI: 529900RM0MTMZL9O5050 | Long             | EC               | CORP              | BR        |    342993 | NS      | $2664093.71   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRL FL EXPRESSWAY AUTH SR L | Central Florida Expressway Authority                                             | CUSIP: 153476BV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2010000 | PA      | $1899590.70   | 0.14%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MET TRANSPRTN AUTH NY REVENUE  | Metropolitan Transportation Authority                                            | CUSIP: 59261AG43<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1504491.00   | 0.11%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPRING BRANCH TX INDEP SCH DIS | Spring Branch Independent School District                                        | CUSIP: 849476WT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6565000 | PA      | $6011886.28   | 0.46%             | 2048-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH             | Commonwealth of Puerto Rico                                                      | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4240740.40   | 0.32%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CMWLTH FING AUTH PA TOBACCO MA | COMMONWEALTH FINANCING AUTHORITY                                                 | CUSIP: 20282EAP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025527.20   | 0.08%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eaton Corp PLC                 | Eaton Corp PLC                                                                   | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     18648 | NS      | $5489411.76   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                  | McKesson Corp                                                                    | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      9846 | NS      | $7018130.34   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| HARRIS CNTY-HOUSTON TX SPORTS  | Harris County-Houston Sports Authority                                           | CUSIP: 413890GV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1138198.33   | 0.09%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adobe Inc                      | Adobe Inc                                                                        | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      6848 | NS      | $2567863.04   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN | New Hampshire Business Finance Authority                                         | CUSIP: 63608TAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1912900.20   | 0.15%             | 2032-12-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A | South Carolina Public Service Authority                                          | CUSIP: 8371516L8<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1645582.09   | 0.13%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dover Corp                     | Dover Corp                                                                       | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |     10892 | NS      | $1858719.80   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ORANGE CNTY FL HLTH FACS AUTH  | ORANGE HLTH FACS-A 5.0 0/                                                        | CUSIP: 68450LJL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $764902.28    | 0.06%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP R | Tobacco Settlement Financing Corp/RI                                             | CUSIP: 888809BG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4499760.60   | 0.34%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST  | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 6461364F5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1188489.35   | 0.09%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                    | City of New York NY                                                              | CUSIP: 64966QL57<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1572726.90   | 0.12%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arista Networks Inc            | Arista Networks Inc                                                              | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     29634 | NS      | $2437989.18   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLANTA GA WTR & WSTWTR REVENU | City of Atlanta GA Water & Wastewater Revenue                                    | CUSIP: 047870TE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077267.20   | 0.08%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET NASHVILLE TN ARPT AUTH ARP | Metropolitan Nashville Airport Authority/The                                     | CUSIP: 592190QD7<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1561357.65   | 0.12%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX PUB FACS CORP L | San Antonio Public Facilities Corp                                               | CUSIP: 796334BK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1743571.07   | 0.13%             | 2033-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NIKE Inc                       | NIKE Inc                                                                         | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     36825 | NS      | $2076930.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO IL TRANSIT AUTH SALES  | Chicago Transit Authority Sales Tax Receipts Fund                                | CUSIP: 16772PCB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1335009.21   | 0.10%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A | CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY                                 | CUSIP: 13033L4N4<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003060.80   | 0.15%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION& | Texas Municipal Gas Acquisition & Supply Corp IV                                 | CUSIP: 88256PAT7<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2576442.24   | 0.20%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH RE | New Jersey Economic Development Authority                                        | CUSIP: 64577XAC0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70150.29     | 0.01%             | 2040-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Waste Management Inc           | Waste Management Inc                                                             | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     33185 | NS      | $7744051.60   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| MUSKINGUM CNTY OH HOSP FACS    | COUNTY OF MUSKINGUM OH                                                           | CUSIP: 628077CU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1085464.69   | 0.08%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVENUES | New York State Dormitory Authority                                               | CUSIP: 64990GXY3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2260000 | PA      | $2019792.28   | 0.15%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST THRUWAY AUTH GEN R | New York State Thruway Authority                                                 | CUSIP: 650010CK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4825000 | PA      | $4238548.75   | 0.32%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                 | Amazon.com Inc                                                                   | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     81454 | NS      | $15021746.68  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ILLINOIS ST                    | State of Illinois                                                                | CUSIP: 452153FL8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    705000 | PA      | $726157.61    | 0.06%             | 2047-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc         | UnitedHealth Group Inc                                                           | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     18639 | NS      | $7668830.16   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| SAN FRANCISCO CALIF CITY &CNTY | San Francisco City & County Airport Comm-San Francisco International Airport     | CUSIP: 79766DVZ9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2637609.50   | 0.20%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE NC ARPT REVENUE      | CITY OF CHARLOTTE NC AIRPORT REVENUE                                             | CUSIP: 161036MH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1261780.75   | 0.10%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sanofi SA                      | Sanofi                                                                           | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |     16639 | NS      | $1824781.75   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE               | TotalEnergies SE                                                                 | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |     25385 | NS      | $1439565.16   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA REVENUE       | DISTRICT OF COLUMBIA                                                             | CUSIP: 25483VSE5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    500000 | PA      | $498818.55    | 0.04%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST HSG & CMNTY SVCS DEP | State of Oregon Housing & Community Services Department                          | CUSIP: 686087Y84<br>LEI: 549300N3PYWYJ0Z8N757 | Long             | DBT              | MUN               | US        |   3525000 | PA      | $3493635.96   | 0.27%             | 2043-07-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Parker-Hannifin Corp           | Parker-Hannifin Corp                                                             | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |     14178 | NS      | $8578540.68   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| SUFFOLK REGL OFF-TRACK BETTING | Suffolk Regional Off-Track Betting Co                                            | CUSIP: 86480TAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021523.30   | 0.08%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                                                                      | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     93935 | NS      | $10231400.20  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co/The               | Coca-Cola Co/The                                                                 | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    147227 | NS      | $10681318.85  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| WASHINGTON ST                  | WASHINGTON ST-B-FUEL                                                             | CUSIP: 93974D5F1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1873119.59   | 0.14%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                     | City of Chicago IL                                                               | CUSIP: 167486P45<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3370459.63   | 0.26%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST UNIV           | Pennsylvania State University/The                                                | CUSIP: 709235W50<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |   4240000 | PA      | $4365629.50   | 0.33%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TULSA CNTY OK INDL AUTH SENIOR | TULSA COUNTY INDUSTRIAL AUTHORITY                                                | CUSIP: 899530AY5<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1254807.13   | 0.10%             | 2037-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc           | Freeport-McMoRan Inc                                                             | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     80631 | NS      | $2905134.93   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| HAMILTON CNTY OH HLTH CARE REV | COUNTY OF HAMILTON OH                                                            | CUSIP: 40727RBU1<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $953759.00    | 0.07%             | 2051-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST THRUWAY AUTH GEN R | New York State Thruway Authority                                                 | CUSIP: 650010CJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4528821.00   | 0.34%             | 2045-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N | Tobacco Settlement Financing Corp/NJ                                             | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7445000 | PA      | $7217518.77   | 0.55%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI | Dallas Fort Worth International Airport                                          | CUSIP: 23503CEK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1795477.40   | 0.14%             | 2049-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA STADIUM & EXPOSITION | Louisiana Stadium & Exposition District                                          | CUSIP: 546410CY5<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024729.50   | 0.08%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA | CHICAGO O'HARE INTERNATIONAL AIRPORT                                             | CUSIP: 167593UT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $305649.83    | 0.02%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ConocoPhillips                 | ConocoPhillips                                                                   | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     57246 | NS      | $5101763.52   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILD NYC RESOURCE CORP NY REV | Build NYC Resource Corp                                                          | CUSIP: 12008ETY2<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   2860000 | PA      | $2876018.00   | 0.22%             | 2057-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                    | Walmart Inc                                                                      | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    118767 | NS      | $11550090.75  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| DIST OF COLUMBIA REVENUE       | District of Columbia                                                             | CUSIP: 25483VVQ4<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1088770.22   | 0.08%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOREST LAKE MN CHARTER SCH LEA | FOREST LAKE MN 5.375 8/50                                                        | CUSIP: 345856AV0<br>LEI: 549300YEG0ZNW83BJB14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $980397.30    | 0.07%             | 2050-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FIN AUTH SEN | California Public Finance Authority                                              | CUSIP: 13057GAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $218748.98    | 0.02%             | 2056-11-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH RE | New Jersey Economic Development Authority                                        | CUSIP: 64577XEH5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1589536.77   | 0.12%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST CLG BLDG AUTH EDUC | Virginia College Building Authority                                              | CUSIP: 92778WGL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7385000 | PA      | $7789992.66   | 0.59%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA WTR & WSTWTR R | City of Philadelphia PA Water & Wastewater Revenue                               | CUSIP: 7178933X7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2604753.75   | 0.20%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                    | City of New York NY                                                              | CUSIP: 64966J5Y8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500000.00   | 0.11%             | 2040-10-01      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HGR EDUCTNL FA | Pennsylvania Higher Educational Facilities Authority                             | CUSIP: 70917TRW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4605819.00   | 0.35%             | 2051-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Infinity Natural Resources Inc | Infinity Natural Resources Inc                                                   | CUSIP: 456941103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44571 | NS      | $684164.85    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILD NYC RESOURCE CORP NY REV | Build NYC Resource Corp                                                          | CUSIP: 12008ETX4<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006180.90   | 0.08%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GEORGIA ST PORTS AUTH          | Georgia Ports Authority                                                          | CUSIP: 373586HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4135000 | PA      | $3728460.86   | 0.28%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FIN AUTH SEN | California Public Finance Authority                                              | CUSIP: 13057GAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $221828.75    | 0.02%             | 2051-11-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MET PIER & EXPOSITION AUTH IL  | Metropolitan Pier & Exposition Authority                                         | CUSIP: 592250BK9<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4284729.24   | 0.33%             | 2053-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Williams Cos Inc/The           | Williams Cos Inc/The                                                             | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     40658 | NS      | $2381339.06   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION  | TEXAS MUNICIPAL GAS ACQUISITION & SUPPLY CORP I                                  | CUSIP: 88256CAT6<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |   2965000 | PA      | $3031559.80   | 0.23%             | 2026-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UMB Financial Corp             | UMB Financial Corp                                                               | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     20045 | NS      | $1895655.65   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIV OF TEXAS TX PERMANENT UNI | Permanent University Fund - University of Texas System                           | CUSIP: 9151158T9<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5245953.50   | 0.40%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE | South Carolina Jobs-Economic Development Authority                               | CUSIP: 83703FML3<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.01%             | 2048-05-01      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| SAINT JOHNS CNTY FL INDL DEV A | St Johns County Industrial Development Authority                                 | CUSIP: 79041LAP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $573532.73    | 0.04%             | 2046-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH RE | New Jersey Economic Development Authority                                        | CUSIP: 64577XEG7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    930000 | PA      | $997104.24    | 0.08%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                    | State of Illinois                                                                | CUSIP: 4521522J9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4084521.60   | 0.31%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                                                                     | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     85230 | NS      | $16404218.10  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIV OF CALIFORNIA CA REVENUES | University of California                                                         | CUSIP: 91412HVY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4745000 | PA      | $4962851.02   | 0.38%             | 2053-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| YUANBAO INC-ADR                | YUANBAO INC-ADR                                                                  | CUSIP: 987910106<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      7865 | NS      | $125525.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | Colorado Health Facilities Authority                                             | CUSIP: 19648FJE5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2815000 | PA      | $2574047.26   | 0.20%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST UNIV                   | Ohio State University/The                                                        | CUSIP: 677632N72<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2687387.40   | 0.20%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc                   | Alphabet Inc                                                                     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    123211 | NS      | $19565906.80  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY S E AL A COOPERATIVE DI | Energy Southeast A Cooperative District                                          | CUSIP: 292723AK9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5356685.50   | 0.41%             | 2053-11-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY CITY TRANSITIONAL  | New York City Transitional Finance Authority                                     | CUSIP: 64972JSW9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3288779.70   | 0.25%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST ECON DEV AUTH RETM | DELAWARE ST ECON DEV                                                             | CUSIP: 246371AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1928958.20   | 0.15%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IBM                            | International Business Machines Corp                                             | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     39365 | NS      | $9519244.30   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| COOK CNTY IL SALES TAX REVENUE | COUNTY OF COOK IL                                                                | CUSIP: 213248BH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3071108.10   | 0.23%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M-S-R CA ENERGY AUTH GAS REVEN | MSR ENERGY                                                                       | CUSIP: 55374SAA8<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1350892.90   | 0.10%             | 2029-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH HOSP REVEN | Indiana Finance Authority                                                        | CUSIP: 45471AUS9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1570267.05   | 0.12%             | 2039-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | Health & Educational Facilities Authority of the State of Missouri               | CUSIP: 60635H4C0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983505.10    | 0.07%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Thermo Fisher Scientific Inc   | Thermo Fisher Scientific Inc                                                     | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     11722 | NS      | $5028738.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| UPPER SAINT CLAIR TWP PA SCH D | Upper St Clair Township School District                                          | CUSIP: 916507UG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2990000 | PA      | $2906538.93   | 0.22%             | 2043-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CO HIGH PERFORMANCE TRANSPRTN  | Colorado High Performance Transportation Enterprise                              | CUSIP: 19648DAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5880000 | PA      | $5730619.78   | 0.44%             | 2051-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JAMES CITY CNTY VA ECON DEV AU | James City County Economic Development Authority                                 | CUSIP: 47029WEG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1709865.44   | 0.13%             | 2058-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON  | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | CUSIP: 592029DB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $1963450.09   | 0.15%             | 2054-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co            | JPMorgan Chase & Co                                                              | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     74161 | NS      | $18141263.82  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG            | Deutsche Telekom AG                                                              | CUSIP: 000000000<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |     69813 | NS      | $2505088.79   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| INDIANA ST MUNI PWR AGY        | IN MUNI PWR AGY-A-RE 5.5                                                         | CUSIP: 454898YB7<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |   3735000 | PA      | $3904433.42   | 0.30%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OHIO ST                        | State of Ohio                                                                    | CUSIP: 677523LL4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2273039.60   | 0.17%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSO | New York State Dormitory Authority                                               | CUSIP: 64990FK94<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6260587.45   | 0.48%             | 2039-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA TN HLTH EDUCTNL &H | Chattanooga Health Educational & Housing Facility Board                          | CUSIP: 162410EM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2805000 | PA      | $2533976.13   | 0.19%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WESTMINSTER MD PROJ REVENUE    | CITY OF WESTMINSTER MD                                                           | CUSIP: 960735AQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $600199.74    | 0.05%             | 2034-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp     | Capital One Financial Corp                                                       | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     11266 | NS      | $2030809.16   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp             | Valero Energy Corp                                                               | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     22092 | NS      | $2564660.28   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REVENUE  | Michigan State Building Authority                                                | CUSIP: 594615HA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1333260.82   | 0.10%             | 2054-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY NY INDL DEV CORP R | Monroe County Industrial Development Corp/NY                                     | CUSIP: 61075TSK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3175000 | PA      | $2870039.66   | 0.22%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU | New Jersey Turnpike Authority                                                    | CUSIP: 646140EU3<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3666164.95   | 0.28%             | 2052-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| American Express Co            | American Express Co                                                              | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     25514 | NS      | $6797184.74   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| VIRGINIA ST SMALL BUSINESS FIN | Virginia Small Business Financing Authority                                      | CUSIP: 928103AY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1101929.47   | 0.08%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DELAWARE CNTY PA INDL DEV AUTH | Delaware County Industrial Development Authority/PA                              | CUSIP: 245903AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3875000 | PA      | $3875000.00   | 0.29%             | 2045-09-01      | Variable      | 2.60%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | ILLINOIS FINANCE AUTHORITY                                                       | CUSIP: 45203H8V7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500783.30   | 0.11%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | Health & Educational Facilities Authority of the State of Missouri               | CUSIP: 60635H4B2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008585.80   | 0.15%             | 2048-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CENTRL TX REGL MOBILITY AUTH R | Central Texas Regional Mobility Authority                                        | CUSIP: 155498KQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1290560.10   | 0.10%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA UNIF SCH DIST     | San Diego Unified School District/CA                                             | CUSIP: 797356GL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1090584.32   | 0.08%             | 2052-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP POLL | Maryland Economic Development Corp                                               | CUSIP: 57421HAB9<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1463104.05   | 0.11%             | 2048-07-01      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORITY                              | CUSIP: 97712DHN9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2452037.67   | 0.19%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WSTWTR TRANSMISSION | City of Chicago IL Wastewater Transmission Revenue                               | CUSIP: 167727E28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2092269.00   | 0.16%             | 2048-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp          | Northrop Grumman Corp                                                            | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      5579 | NS      | $2714183.50   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp           | Bank of America Corp                                                             | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    175856 | NS      | $7013137.28   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Vulcan Materials Co            | Vulcan Materials Co                                                              | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |     18733 | NS      | $4914227.89   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| INDIANAPOLIS IN LOCAL PUBLIC I | Indianapolis Local Public Improvement Bond Bank                                  | CUSIP: 45528U6X4<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   2330000 | PA      | $2433734.16   | 0.18%             | 2053-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST PRIV ACTIVITY BOND SU | Texas Private Activity Bond Surface Transportation Corp                          | CUSIP: 882667BS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $947043.90    | 0.07%             | 2038-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA BEACH VA DEV AUTH RSD | Virginia Beach Development Authority                                             | CUSIP: 92774NBB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2477793.60   | 0.19%             | 2053-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL SWR REVENUE  | County of Jefferson AL Sewer Revenue                                             | CUSIP: 472682ZR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6049818.00   | 0.46%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                            | CUSIP: 70870JFN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $962953.93    | 0.07%             | 2053-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | COLORADO HEALTH FACILITIES AUTHORITY                                             | CUSIP: 19648FAZ7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250122.45    | 0.02%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL  | BLACK BELT ENERGY GAS DISTRICT                                                   | CUSIP: 09182TCR6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1568751.90   | 0.12%             | 2049-06-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA BEACH VA DEV AUTH RSD | Virginia Beach Development Authority                                             | CUSIP: 92774NBC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1243410.77   | 0.09%             | 2059-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST PRIV ACTIVITY BOND SU | Texas Private Activity Bond Surface Transportation Corp                          | CUSIP: 882667BT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $989821.67    | 0.08%             | 2039-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAMILTON CNTY OH SWR SYS REVEN | County of Hamilton OH Sewer System Revenue                                       | CUSIP: 407288G86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3370143.08   | 0.26%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN  | TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1590975 | PA      | $573745.84    | 0.04%             | 2061-11-15      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX INDL DEV CORP   | Harris County Industrial Development Corp                                        | CUSIP: 414189AK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4870000 | PA      | $4807096.65   | 0.37%             | 2050-11-01      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| Applied Materials Inc          | Applied Materials Inc                                                            | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     14444 | NS      | $2176855.24   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| LEE CNTY FL INDL DEV AUTH HLTH | Lee County Industrial Development Authority/FL                                   | CUSIP: 52349EEK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $929929.75    | 0.07%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MUNI ELEC AUTH OF GEORGIA      | Municipal Electric Authority of Georgia                                          | CUSIP: 626207H23<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   3940000 | PA      | $3909275.09   | 0.30%             | 2060-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHAMPTON CNTY PA GEN PURPOS | Northampton County General Purpose Authority                                     | CUSIP: 66353LDK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1303768.69   | 0.10%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                 | CUSIP: 709224P52<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2465671.19   | 0.19%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH FL STEWARDSHIP  | Lakewood Ranch Stewardship District                                              | CUSIP: 51265KFT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $523456.89    | 0.04%             | 2054-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Ferrari Group PLC              | Ferrari Group PLC                                                                | CUSIP: 000000000<br>LEI: 984500Y7F9EB3DRC4406 | Long             | EC               | CORP              | GB        |    107200 | NS      | $867021.83    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Walt Disney Co/The             | Walt Disney Co/The                                                               | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     31634 | NS      | $2877112.30   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Entertainment Inc         | Penn Entertainment Inc                                                           | CUSIP: 707569109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    251874 | NS      | $3833522.28   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc            | Delta Air Lines Inc                                                              | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     68902 | NS      | $2868390.26   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARLOTTE NC ARPT REVENUE      | City of Charlotte NC Airport Revenue                                             | CUSIP: 161036TS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4481238.00   | 0.34%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL SWR REVENUE  | County of Jefferson AL Sewer Revenue                                             | CUSIP: 472682ZS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3070545.00   | 0.23%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STAMFORD CT HSG AUTH           | Stamford Housing Authority                                                       | CUSIP: 852640AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $730656.15    | 0.06%             | 2060-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| INDIANA FIN AUTH IN WSTWTR UTI | INDIANA FIN AUTH-B 5.25 0                                                        | CUSIP: 45505MNG7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5202061.00   | 0.40%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA WTR & WSTWTR REVENU | City of Atlanta GA Water & Wastewater Revenue                                    | CUSIP: 047870RD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2622291.25   | 0.20%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE   | MICHIGAN FINANCE AUTHORITY                                                       | CUSIP: 59447PYT2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4002375.60   | 0.30%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CEDAR HILL TX INDEP SCH DIST   | Cedar Hill Independent School District                                           | CUSIP: 1504294C9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1824335.60   | 0.14%             | 2050-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP REVENUE           | STATE OF OHIO                                                                    | CUSIP: 67756CCU0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1125148.50   | 0.09%             | 2041-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH RE | New Jersey Economic Development Authority                                        | CUSIP: 64577XAF3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1247673.02   | 0.09%             | 2040-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                     | City of Chicago IL                                                               | CUSIP: 167486E39<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002684.60   | 0.15%             | 2049-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST  | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 64613CAT5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1073983.20   | 0.08%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST  | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 64613CDZ8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072318.20   | 0.08%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| General Motors Co              | General Motors Co                                                                | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     97668 | NS      | $4418500.32   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10123000 | PA      | $9665251.10   | 0.73%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA WTR & SWR AUT | District of Columbia Water & Sewer Authority                                     | CUSIP: 254845TZ3<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3781217.65   | 0.29%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CA REGL ARPT AU | San Diego County Regional Airport Authority                                      | CUSIP: 79739GMX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3940000 | PA      | $3652932.39   | 0.28%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALLEN CNTY OH HOSP FACS REVENU | County of Allen OH Hospital Facilities Revenue                                   | CUSIP: 01757LGF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3603819.60   | 0.27%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IN LOCAL PUBLIC I | Indianapolis Local Public Improvement Bond Bank                                  | CUSIP: 45528U6Y2<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046491.30   | 0.08%             | 2057-03-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| HBX Group International PLC    | HBX Group International PLC                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ES        |    104062 | NS      | $916537.42    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | Colorado Health Facilities Authority                                             | CUSIP: 19648FYJ7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2549031.25   | 0.19%             | 2054-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| E BATON ROUGE PARISH LA INDL D | East Baton Rouge Parish Industrial Development Board Inc                         | CUSIP: 270777AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.08%             | 2040-12-01      | Variable      | 2.62%                 | No            |                  2 | On Loan: No      |
| MIAMI BEACH FL RESORT TAX REVE | City of Miami Beach FL                                                           | CUSIP: 593238CF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2715000 | PA      | $2721609.12   | 0.21%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allstate Corp/The              | Allstate Corp/The                                                                | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     28110 | NS      | $5576742.90   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| HOUSTON TX UTILITY SYS REVENUE | CITY OF HOUSTON TX COMBINED UTILITY SYSTEM REVENUE                               | CUSIP: 4424355Y5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001178.00   | 0.15%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2551764.88   | 0.19%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Southern Co/The                | Southern Co/The                                                                  | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     74239 | NS      | $6821821.71   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| IOWA ST FIN AUTH MIDWSTRN DISA | Iowa Finance Authority                                                           | CUSIP: 46246SAU9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   5300000 | PA      | $5911969.80   | 0.45%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                    | State of Illinois                                                                | CUSIP: 452152Q20<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4320000 | PA      | $4458997.30   | 0.34%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Smithfield Foods Inc           | Smithfield Foods Inc                                                             | CUSIP: 832248207<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | EC               | CORP              | US        |     29546 | NS      | $656216.66    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                       | AT&T Inc                                                                         | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    374855 | NS      | $10383483.50  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRL TX REGL MOBILITY AUTH R | Central Texas Regional Mobility Authority                                        | CUSIP: 155498FP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4614490.50   | 0.35%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU DEDICATE | Chicago Board of Education Dedicated Capital Improvement Tax                     | CUSIP: 167510BH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011099.50   | 0.08%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST                      | State of Oregon                                                                  | CUSIP: 68609UPC3<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1130105.80   | 0.09%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA BRD OF RGTS            | Arizona Board of Regents                                                         | CUSIP: 040664LG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1404345.23   | 0.11%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL  | PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT                                | CUSIP: 717824AL0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    360000 | PA      | $367517.66    | 0.03%             | 2035-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BREVARD CNTY FL HLTH FACS AUTH | Brevard County Health Facilities Authority                                       | CUSIP: 107416QL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3072610.50   | 0.23%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP ECON | MARYLAND ECONOMIC DEVELOPMENT CORP                                               | CUSIP: 57420NBY6<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    270000 | PA      | $278167.23    | 0.02%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORP  | Sales Tax Securitization Corp                                                    | CUSIP: 79467BJB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1624651.65   | 0.12%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PPL Corp                       | PPL Corp                                                                         | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |    161178 | NS      | $5882997.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| LAKELAND FL HOSP SYS REVENUE   | City of Lakeland FL                                                              | CUSIP: 511665KL4<br>LEI: XRPK4ZALF4437WO3JQ94 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047357.90   | 0.08%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST               | Commonwealth of Massachusetts                                                    | CUSIP: 57582RY42<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5237835.00   | 0.40%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH HOSP REVEN | Indiana Finance Authority                                                        | CUSIP: 45471AAS1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2900000.00   | 0.22%             | 2039-11-01      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA SAN AUTH     | Allegheny County Sanitary Authority                                              | CUSIP: 017357N67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4313609.60   | 0.33%             | 2047-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Visa Inc                       | Visa Inc                                                                         | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     25907 | NS      | $8950868.50   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| HARRIS CNTY TX CULTURAL EDU FA | Harris County Cultural Education Facilities Finance Corp                         | CUSIP: 414009PV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.01%             | 2059-12-01      | Variable      | 2.60%                 | No            |                  2 | On Loan: No      |
| LyondellBasell Industries NV   | LyondellBasell Industries NV                                                     | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | US        |     28211 | NS      | $1642162.31   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The           | Progressive Corp/The                                                             | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     19083 | NS      | $5376444.42   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| DIST OF COLUMBIA               | District of Columbia                                                             | CUSIP: 25476FXV5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   6090000 | PA      | $6200632.16   | 0.47%             | 2044-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knight-Swift Transportation Ho | Knight-Swift Transportation Holdings Inc                                         | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53319 | NS      | $2088505.23   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co               | Wells Fargo & Co                                                                 | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    111256 | NS      | $7900288.56   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| GEORGIA ST                     | State of Georgia                                                                 | CUSIP: 373385KR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3948736.80   | 0.30%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH SALES TA | New York State Dormitory Authority                                               | CUSIP: 64990AWX9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4561945.00   | 0.35%             | 2054-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Motorola Solutions Inc         | Motorola Solutions Inc                                                           | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |     10256 | NS      | $4516639.84   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| N TX TOLLWAY AUTH REVENUE      | North Texas Tollway Authority                                                    | CUSIP: 66285WYA8<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1242770.53   | 0.09%             | 2049-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group Inc   | Citizens Financial Group Inc                                                     | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |     72066 | NS      | $2658514.74   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co          | Becton Dickinson and Co                                                          | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     24059 | NS      | $4982378.31   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                                                               | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     12855 | NS      | $7057395.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS ST PRIV ACTIVITY BOND SU | Texas Private Activity Bond Surface Transportation Corp                          | CUSIP: 882667BU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $936435.60    | 0.07%             | 2039-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED | CLIFTON HIGHER EDUCATION FINANCE CORP                                            | CUSIP: 187145DE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000947.10   | 0.23%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| S&P Global Inc                 | S&P Global Inc                                                                   | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     12655 | NS      | $6328132.75   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV | City & County of Denver CO Airport System Revenue                                | CUSIP: 249182RT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1565540.70   | 0.12%             | 2053-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| General Electric Co            | General Electric Co                                                              | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     17379 | NS      | $3502563.66   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The        | Charles Schwab Corp/The                                                          | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     36588 | NS      | $2978263.20   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                 | CUSIP: 709224JK6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   5175000 | PA      | $5194602.90   | 0.39%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST ECON DEV FIN AUTH  | KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY                                  | CUSIP: 49126PFH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1488557.20   | 0.11%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS-SAINT PAUL MN MET  | Minneapolis-St Paul Metropolitan Airports Commission                             | CUSIP: 603827H66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1562714.08   | 0.12%             | 2052-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dell Technologies Inc          | Dell Technologies Inc                                                            | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |     52200 | NS      | $4789872.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| JB Hunt Transport Services Inc | JB Hunt Transport Services Inc                                                   | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |     17119 | NS      | $2235399.02   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| FAYETTE CNTY GA DEV AUTH REVEN | Fayette County Development Authority                                             | CUSIP: 31222PAX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028621.30   | 0.08%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Inc             | NextEra Energy Inc                                                               | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    110743 | NS      | $7406491.84   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT | New Jersey Educational Facilities Authority                                      | CUSIP: 646067FW3<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |    750000 | PA      | $776856.38    | 0.06%             | 2053-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VENICE FL                      | City of Venice FL                                                                | CUSIP: 922687AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $719095.43    | 0.05%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                    | State of Illinois                                                                | CUSIP: 452152Q61<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2880000 | PA      | $2943334.66   | 0.22%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVENUES | New York State Dormitory Authority                                               | CUSIP: 65000BNV6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4822582.95   | 0.37%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT CLOUD MN HLTH CARE REVEN | City of St Cloud MN                                                              | CUSIP: 78916VET3<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1747170.60   | 0.13%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA REVENUE       | DISTRICT OF COLUMBIA                                                             | CUSIP: 25483VQX5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1401092.82   | 0.11%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                    | State of Illinois                                                                | CUSIP: 452153AV1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    540000 | PA      | $486590.76    | 0.04%             | 2041-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | Kentucky Public Energy Authority                                                 | CUSIP: 74440DDT8<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   5565000 | PA      | $5501157.21   | 0.42%             | 2052-08-01      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH NY BRIDGE & TUNNEL  | TRIBOROUGH BRIDGE & TUNNEL AUTHORITY                                             | CUSIP: 896032AU3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1315415.13   | 0.10%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH AQUEDUCT &S | Puerto Rico Commonwealth Aqueduct & Sewer Authority                              | CUSIP: 745160TH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3438980.40   | 0.26%             | 2042-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Intercontinental Exchange Inc  | Intercontinental Exchange Inc                                                    | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     36565 | NS      | $6141823.05   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                         | CUSIP: 57584Y3V9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2599642.00   | 0.20%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE | South Carolina Jobs-Economic Development Authority                               | CUSIP: 83703FLP5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6177994.38   | 0.47%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANNE ARUNDEL CNTY MD           | County of Anne Arundel MD                                                        | CUSIP: 03588HUL8<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6213363.00   | 0.47%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST               | Commonwealth of Massachusetts                                                    | CUSIP: 57582R2B1<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1386072.27   | 0.11%             | 2048-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HGR EDUCTNL FAC COMMIS | Ohio Higher Educational Facility Commission                                      | CUSIP: 67756DBD7<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   3645000 | PA      | $3645000.00   | 0.28%             | 2039-01-01      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI | Dallas Fort Worth International Airport                                          | CUSIP: 23503CBM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1108525.32   | 0.08%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                 | Merck & Co Inc                                                                   | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     39185 | NS      | $3338562.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                         | CUSIP: 57584XJF9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5025754.00   | 0.38%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHCENTRL PA GEN AUTH REVENU | General Authority of Southcentral Pennsylvania                                   | CUSIP: 84129NML0<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350000.00    | 0.03%             | 2035-06-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH | MARICOPA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                 | CUSIP: 56681NAW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $666039.40    | 0.05%             | 2036-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TEXAS ST TRANSPRTN COMMISSION  | Texas Transportation Commission                                                  | CUSIP: 88283NAZ5<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |   1880000 | PA      | $1881306.41   | 0.14%             | 2057-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chevron Corp                   | Chevron Corp                                                                     | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33294 | NS      | $4529981.64   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST  | NJ TRANSPRTN-A-REF 5 6/31                                                        | CUSIP: 6461363Q2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012647.90   | 0.08%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Microchip Technology Inc       | Microchip Technology Inc                                                         | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     24967 | NS      | $1150479.36   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| LANCASTER PA MUNI AUTH HLTHCAR | Lancaster Municipal Authority                                                    | CUSIP: 514350AL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010298.80   | 0.08%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $3208171.00   | 0.24%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CONROE TX INDEP SCH DIST       | Conroe Independent School District                                               | CUSIP: 2084182J1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1985000 | PA      | $1835215.87   | 0.14%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Whirlpool Corp                 | Whirlpool Corp                                                                   | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |     65756 | NS      | $5015867.68   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc          | Micron Technology Inc                                                            | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     47260 | NS      | $3636657.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| MUNI ELEC AUTH OF GA           | Municipal Electric Authority of Georgia                                          | CUSIP: 62620HHQ8<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   3515000 | PA      | $3621647.56   | 0.28%             | 2064-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY HSG DEV CORP  | New York City Housing Development Corp                                           | CUSIP: 64972KEL5<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2225000 | PA      | $2230448.58   | 0.17%             | 2059-11-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| GEORGIA ST                     | State of Georgia                                                                 | CUSIP: 373385MQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2656186.37   | 0.20%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | Colorado Health Facilities Authority                                             | CUSIP: 19648FWT7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1248608.04   | 0.09%             | 2047-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CNTY FL AVIATION  | Hillsborough County Aviation Authority                                           | CUSIP: 432308K60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2143122.43   | 0.16%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN | New Hampshire Business Finance Authority                                         | CUSIP: 63608TAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2035000 | PA      | $1290597.00   | 0.10%             | 2032-04-01      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK ST LIBERTY DEV CORP L | NEW YORK LIBERTY DEVELOPMENT CORP                                                | CUSIP: 649519DA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2484820.25   | 0.19%             | 2044-11-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MIZUHO FLOATER/RESIDUAL TRUST  | Mizuho Floater/Residual Trust                                                    | CUSIP: 60700HRE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20300000 | PA      | $20300000.00  | 1.54%             | 2051-02-01      | Variable      | 2.77%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                  | State of California                                                              | CUSIP: 13063DS82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1629367.67   | 0.12%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Costco Wholesale Corp          | Costco Wholesale Corp                                                            | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      7691 | NS      | $7648699.50   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN  | NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | CUSIP: 64542UCZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $515354.19    | 0.04%             | 2046-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TEXAS WTR DEV BRD REVENUE      | Texas Water Development Board                                                    | CUSIP: 88285ABH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1554305.55   | 0.12%             | 2047-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The    | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      3242 | NS      | $1775157.10   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO IL                     | City of Chicago IL                                                               | CUSIP: 167486XF1<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1643463.91   | 0.12%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUFFOLK REGL OFF-TRACK BETTING | Suffolk Regional Off-Track Betting Co                                            | CUSIP: 86480TAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022213.70   | 0.08%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                    | State of Illinois                                                                | CUSIP: 452153FM6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2717557.20   | 0.21%             | 2048-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST SPL TAX OBLIG R | State of Connecticut Special Tax Revenue                                         | CUSIP: 207758YG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3147045.00   | 0.24%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Apple Inc                      | Apple Inc                                                                        | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    124658 | NS      | $26489825.00  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DIST OF COLUMBIA REVENUE       | DISTRICT OF COLUMBIA                                                             | CUSIP: 25483VSF2<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950679.40    | 0.07%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                    | State of Illinois                                                                | CUSIP: 452153KX6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    750000 | PA      | $788413.43    | 0.06%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN ASSN SALES  | Idaho Housing & Finance Association                                              | CUSIP: 45130ADP7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   8170000 | PA      | $8524993.85   | 0.65%             | 2049-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STAMFORD CT HSG AUTH           | Stamford Housing Authority                                                       | CUSIP: 852640AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991547.30    | 0.08%             | 2032-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LOUISIANA STADIUM & EXPOSITION | Louisiana Stadium & Exposition District                                          | CUSIP: 546410CX7<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2443442.88   | 0.19%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Procter & Gamble Co/The        | Procter & Gamble Co/The                                                          | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     38502 | NS      | $6259270.14   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTH CAROLINA ST MUNI PWR AGY | NORTH CAROLINA MUNICIPAL POWER AGENCY NO 1                                       | CUSIP: 658203X41<br>LEI: 549300N3Q65G1ODRFX75 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1512099.60   | 0.11%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KKR & Co Inc                   | KKR & Co Inc                                                                     | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |     57904 | NS      | $6616690.08   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS CITY TX INDEP SCH DIST   | Texas City Independent School District/TX                                        | CUSIP: 882270XV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4045000 | PA      | $3700125.32   | 0.28%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST UNIV REVENUE     | CALIFORNIA STATE UNIVERSITY                                                      | CUSIP: 13077CY99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3570915.18   | 0.27%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI | WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | CUSIP: 939783TG1<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1503112.35   | 0.11%             | 2031-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| SAINT LOUIS MO ARPT REVENUE    | CITY OF ST LOUIS MO AIRPORT REVENUE                                              | CUSIP: 791638F87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1261780.75   | 0.10%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204FTB1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5039099.50   | 0.38%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Exxon Mobil Corp               | Exxon Mobil Corp                                                                 | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     97048 | NS      | $10251180.24  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK NY                    | City of New York NY                                                              | CUSIP: 64966LU25<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.08%             | 2044-06-01      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA INCOME TAX SE | District of Columbia                                                             | CUSIP: 25477GUM5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   5375000 | PA      | $5839440.85   | 0.44%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FULTON CNTY GA RSDL CARE FACS  | FULTON COUNTY RESIDENTIAL CARE FACILITIES FOR THE ELDERLY AUTHORITY              | CUSIP: 360059AM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2502530.25   | 0.19%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST                | Commonwealth of Pennsylvania                                                     | CUSIP: 70914PZ62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5268775.00   | 0.40%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salesforce Inc                 | salesforce.com Inc                                                               | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     20124 | NS      | $5407520.04   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH SCH FA | CALIFORNIA SCHOOL FINANCE AUTHORITY                                              | CUSIP: 13059TBZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1111795.27   | 0.08%             | 2045-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| AstraZeneca PLC                | AstraZeneca PLC                                                                  | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     41140 | NS      | $5895794.05   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | ILLINOIS FINANCE AUTHORITY                                                       | CUSIP: 45204EC55<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2855000 | PA      | $2103230.82   | 0.16%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST  | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 64613CEW4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1849200.80   | 0.14%             | 2042-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Stanley Black & Decker Inc     | Stanley Black & Decker Inc                                                       | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     31936 | NS      | $1916798.72   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                  | Blackrock Inc                                                                    | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      5235 | NS      | $4786151.10   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| COLORADO ST EDUCTNL & CULTURAL | COLORADO EDUCATIONAL & CULTURAL FACILITIES AUTHORITY                             | CUSIP: 19645RB34<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501832.40   | 0.11%             | 2035-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American International Group I | American International Group Inc                                                 | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     60829 | NS      | $4958780.08   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO IL BRD OF EDU          | Chicago Board of Education                                                       | CUSIP: 167505ZF6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047447.60   | 0.08%             | 2047-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| YUMA AZ INDL DEV AUTH HOSP REV | Yuma Industrial Development Authority                                            | CUSIP: 988514DD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2390449.88   | 0.18%             | 2054-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH ACT 38 FA | MICHIGAN FINANCE AUTHORITY                                                       | CUSIP: 59447NBD7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1381659.15   | 0.10%             | 2054-02-28      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO LAND CLEARANCE  | KANSAS CITY LAND CLEARANCE REDEVELOPMENT AUTHORITY                               | CUSIP: 48504MAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3630015.60   | 0.28%             | 2050-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| SAN FRANCISCO CA BAY AREA RAPI | San Francisco Bay Area Rapid Transit District                                    | CUSIP: 797661C86<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |   2420000 | PA      | $2602719.92   | 0.20%             | 2047-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                                                                   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     66924 | NS      | $26452380.24  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA | Chicago O'Hare International Airport                                             | CUSIP: 167593M58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2007470.40   | 0.15%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GE Vernova Inc                 | GE Vernova Inc                                                                   | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     11535 | NS      | $4277408.70   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST  | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 64613CDQ8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $942686.70    | 0.07%             | 2044-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Inc         | CenterPoint Energy Inc                                                           | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |    386042 | NS      | $14970708.76  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| FAYETTE CNTY GA DEV AUTH REVEN | Fayette County Development Authority                                             | CUSIP: 31222PAW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3097291.50   | 0.24%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Willis Towers Watson PLC       | Willis Towers Watson PLC                                                         | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | GB        |     20695 | NS      | $6369921.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| KING CNTY WA SWR REVENUE       | County of King WA Sewer Revenue                                                  | CUSIP: 495290FH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3310830.90   | 0.25%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RENO-TAHOE NV ARPT AUTH ARPT R | Reno-Tahoe Airport Authority                                                     | CUSIP: 759874DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2240712.98   | 0.17%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Assurant Inc                   | Assurant Inc                                                                     | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |     33813 | NS      | $6517117.62   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                | Ulta Beauty Inc                                                                  | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |     13286 | NS      | $5256473.04   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWER AL GAS DIST GAS PROJ REV | Lower Alabama Gas District/The                                                   | CUSIP: 547804AE4<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   5800000 | PA      | $6065951.46   | 0.46%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE   | Michigan Finance Authority                                                       | CUSIP: 59447T3T8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1318663.50   | 0.10%             | 2038-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST THRUWAY AUTH       | New York State Thruway Authority                                                 | CUSIP: 650009T86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1051340.21   | 0.08%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF COLORADO CO ENTERPRISE | University of Colorado                                                           | CUSIP: 91417KY70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3095000 | PA      | $2888573.09   | 0.22%             | 2043-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson              | Johnson & Johnson                                                                | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     19214 | NS      | $3003340.34   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                 | SYNNEX Corp                                                                      | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     73065 | NS      | $8095602.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                     | AbbVie Inc                                                                       | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     22959 | NS      | $4479300.90   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc     | Advanced Micro Devices Inc                                                       | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     22636 | NS      | $2203614.60   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| GULF COAST TX INDL DEV AUTH    | Gulf Coast Industrial Development Authority                                      | CUSIP: 402207AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 0.23%             | 2041-11-01      | Variable      | 2.60%                 | No            |                  2 | On Loan: No      |
| LAKELAND FL HOSP SYS REVENUE   | City of Lakeland FL                                                              | CUSIP: 511665KJ9<br>LEI: XRPK4ZALF4437WO3JQ94 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2647816.00   | 0.20%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU          | CHICAGO BOE-D 5 12/46                                                            | CUSIP: 167505WB8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    625000 | PA      | $580172.75    | 0.04%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP | New York Transportation Development Corp                                         | CUSIP: 650116EV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4475000 | PA      | $4187824.04   | 0.32%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF CINCINNATI OH RECPTS   | University of Cincinnati                                                         | CUSIP: 914119X64<br>LEI: 549300E0RD3ICJ858L23 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998255.90    | 0.08%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc | American Electric Power Co Inc                                                   | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     59991 | NS      | $6499424.94   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| LANCASTER CNTY PA HOSP AUTH    | LANCASTER COUNTY HOSPITAL AUTHORITY/PA                                           | CUSIP: 514045M26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1363309.97   | 0.10%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA DEV AUTH            | Atlanta Development Authority/The                                                | CUSIP: 04780NMY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1721520.40   | 0.13%             | 2048-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HAMILTON CNTY OH HLTH CARE REV | County of Hamilton OH                                                            | CUSIP: 40727RCL0<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1540794.45   | 0.12%             | 2053-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                 | CUSIP: 709225GL4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1208573.87   | 0.09%             | 2052-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN  | New Hope Cultural Education Facilities Finance Corp                              | CUSIP: 64542UHB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1129432.80   | 0.09%             | 2055-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Medtronic PLC                  | Medtronic PLC                                                                    | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     75707 | NS      | $6416925.32   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MASSACHUSETTS ST SCH BLDG AUTH | MASSACHUSETTS SCHOOL BUILDING AUTHORITY                                          | CUSIP: 576000SE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4999994.00   | 0.38%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eli Lilly & Co                 | ELI LILLY & CO                                                                   | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     17055 | NS      | $15331592.25  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| MIAMI-DADE CNTY FL AVIATION RE | County of Miami-Dade FL Aviation Revenue                                         | CUSIP: 59333P8A9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1794633.72   | 0.14%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RTX Corp                       | Raytheon Technologies Corp                                                       | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     35328 | NS      | $4455920.64   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU | New Jersey Turnpike Authority                                                    | CUSIP: 646140DD2<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4066683.20   | 0.31%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH RE | New Jersey Economic Development Authority                                        | CUSIP: 64577XED4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4131170.40   | 0.31%             | 2047-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH             | Commonwealth of Puerto Rico                                                      | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2490792 | PA      | $2318260.07   | 0.18%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | Colorado Health Facilities Authority                                             | CUSIP: 19648FKA1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1233111.38   | 0.09%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI | Washington State Housing Finance Commission                                      | CUSIP: 93978T4M8<br>LEI: 549300YL1HU59NREG764 | Long             | ABS-MBS          | MUN               | US        |   2467286 | PA      | $2221532.57   | 0.17%             | 2037-04-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO ST HOSP EQUIPMENT L | NEW MEXICO HOSPITAL EQUIPMENT LOAN COUNCIL                                       | CUSIP: 647370HX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2157439.70   | 0.16%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Boston Scientific Corp         | Boston Scientific Corp                                                           | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     29562 | NS      | $3041042.94   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc      | L3Harris Technologies Inc                                                        | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     21923 | NS      | $4823498.46   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                      | Linde PLC                                                                        | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | US        |     15417 | NS      | $6987446.91   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH NATIO | Arizona Industrial Development Authority                                         | CUSIP: 04052FDR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4238977.20   | 0.32%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PYQ2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3006037.20   | 0.23%             | 2032-12-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON  | Metropolitan Government of Nashville & Davidson County TN                        | CUSIP: 592112TH9<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5261711.00   | 0.40%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX                     | City of Houston TX                                                               | CUSIP: 442332EE8<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1240696.40   | 0.09%             | 2051-03-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH RE | NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                        | CUSIP: 64577BL28<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044026.00   | 0.08%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | Kentucky Public Energy Authority                                                 | CUSIP: 74440DFC3<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3141375.90   | 0.24%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Builders FirstSource Inc       | Builders FirstSource Inc                                                         | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     20279 | NS      | $2425976.77   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MARYLAND ST ECON DEV CORP ECON | MARYLAND ECONOMIC DEVELOPMENT CORP                                               | CUSIP: 57420NCC3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    550000 | PA      | $561800.09    | 0.04%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST WTR DEV BRD           | TEXAS WATER DEVELOPMENT BOARD                                                    | CUSIP: 882854B27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4963275.00   | 0.38%             | 2036-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N | Tobacco Settlement Financing Corp                                                | CUSIP: 888808HL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4745000 | PA      | $4821683.47   | 0.37%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc                     | Pfizer Inc                                                                       | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    201355 | NS      | $4915075.55   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| PUERTO RICO CMWLTH             | Commonwealth of Puerto Rico                                                      | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   3996000 | PA      | $3401792.40   | 0.26%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY MUNI WTR FIN  | New York City Municipal Water Finance Authority                                  | CUSIP: 64972GC28<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2588599.50   | 0.20%             | 2047-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A | City of Los Angeles Department of Airports                                       | CUSIP: 544445J34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2053162.20   | 0.16%             | 2048-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cisco Systems Inc              | Cisco Systems Inc                                                                | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     54671 | NS      | $3156156.83   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| SALT RIVER AZ PROJ AGRIC IMPT& | Salt River Project Agricultural Improvement & Power District                     | CUSIP: 79574CGY3<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   8170000 | PA      | $9329623.66   | 0.71%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH RE | New Jersey Economic Development Authority                                        | CUSIP: 64577XEB8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1898524.26   | 0.14%             | 2041-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Home Depot Inc/The             | Home Depot Inc/The                                                               | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      4303 | NS      | $1551188.47   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| DU PAGE CNTY IL SPL SVC AREA # | DU PAGE COUNTY SPECIAL SERVICE AREA NO 31                                        | CUSIP: 26350TAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $311550.18    | 0.02%             | 2036-03-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER/RESIDUAL TRUST  | Mizuho Floater/Residual Trust                                                    | CUSIP: 60700HPQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1850000.00   | 0.14%             | 2051-06-01      | Variable      | 2.77%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ INDL DEV AUTH EDU R | INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PHOENIX/THE                      | CUSIP: 71885FDJ3<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000885.30   | 0.23%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA                     | City of Atlanta GA                                                               | CUSIP: 047772K31<br>LEI: 549300GHLQ0J51NUBM84 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3224050.20   | 0.24%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Schlumberger NV                | Schlumberger NV                                                                  | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     42929 | NS      | $1427389.25   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-24

**Name of Applicant:** Federated Hermes Income Securities Trust

**Signature:** Stephen Van Meter

**Name of Signer:** Federated Hermes Income Securities Trust

**Title:** Chief Compliance Officer