# EDGAR Filing Document

**Accession Number:** 0000751173
**File Stem:** 0001752724-23-034901
**Filing Date:** 2023-2
**Character Count:** 66173
**Document Hash:** 20e45907fb5022399fea4980844fdaef
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-034901.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-034901

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MANNING & NAPIER FUND, INC.
- **CENTRAL INDEX KEY:** 0000751173
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04087
- **FILM NUMBER:** 23656976

**BUSINESS ADDRESS:**
- **STREET 1:** 290 WOODCLIFF DRIVE
- **CITY:** FAIRPORT
- **STATE:** NY
- **ZIP:** 14450
- **BUSINESS PHONE:** 585-325-6880

**MAIL ADDRESS:**
- **STREET 1:** 290 WOODCLIFF DRIVE
- **CITY:** FAIRPORT
- **STATE:** NY
- **ZIP:** 14450

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANNING & NAPIER FUND, INC /NY/
- **DATE OF NAME CHANGE:** 20060929

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EXETER FUND INC /NY/
- **DATE OF NAME CHANGE:** 19980226

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANNING & NAPIER FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Diversified Tax Exempt Series (Series ID: S000003638)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000010108 | Class A      | EXDVX           |
| C000206454 | Class W      | MNDWX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Manning & Napier Fund, Inc.

- **b. Investment Company Act file number:** 811-04087

- **c. CIK number of Registrant:** 0000751173

- **d. LEI of Registrant:** 549300B31SDCBSJSN672

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

  - **Street Address 1:** 290 Woodcliff Drive

  - **City:** Fairport

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 14450

  - **Telephone number:** 585-325-6880

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

- **a. Name of Series:** Diversified Tax Exempt Series

- **b. EDGAR series identifier (if any):** S000003638

- **c. LEI of Series:** 549300W4FS7KU9RR3W27

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-30

**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:** $218098823.64

**Total Liabilities:** $54790.49

**Net Assets:** $218044033.15

**Cash Not Reported:** $28124.08

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 542.40095000 | **1-Year:** 14589.73646000 | **5-Year:** 43982.95493000 | **10-Year:** 21267.85816000 | **30-Year:** 464.32285000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000206454 | -0.20%               | 2.71%                | 0.20%                |
| Class ID C000010108 | -0.40%               | 2.71%                | 0.23%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-923606.66                                |
| Month 2  | $0.00                    | $5460052.54                                |
| Month 3  | $-140596.39              | $421397.26                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MASSACHUSETTS ST CLEAN WTR TRU     | Massachusetts Clean Water Trust/The                                             | CUSIP: 575829JG2<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2430319.82   | 1.11%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX                     | County of Harris TX                                                             | CUSIP: 414005VC9<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |    600000 | PA      | $607481.83    | 0.28%             | 2023-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT AUTH OF NEW YORK & NEW JE     | Port Authority of New York & New Jersey                                         | CUSIP: 73358W6H2<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1353446.98   | 0.62%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE CNTY MD                  | County of Baltimore MD                                                          | CUSIP: 05914F4E7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $667180.20    | 0.31%             | 2023-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO SAN SWR SYSTEM      | City of Kansas City MO Sanitary Sewer System Revenue                            | CUSIP: 48507TFJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $767868.47    | 0.35%             | 2025-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST MUNI ELEC AGY PWR      | Illinois Municipal Electric Agency                                              | CUSIP: 452024HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2082884.52   | 0.96%             | 2025-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CYPRESS-FAIRBANKS TX INDEP SCH     | Cypress-Fairbanks Independent School District                                   | CUSIP: 232769GX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2501756.69   | 1.15%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI     | Pennsylvania Turnpike Commission                                                | CUSIP: 709224HA0<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1221673.64   | 0.56%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH REVENUE          | North Texas Tollway Authority                                                   | CUSIP: 66285WUX2<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2124592.74   | 0.97%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RALEIGH NC                         | City of Raleigh NC                                                              | CUSIP: 751091SJ9<br>LEI: 549300I7RPBIIRI16112 | Long             | DBT              | MUN               | US        |    700000 | PA      | $710032.97    | 0.33%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALASKA ST MUNI BOND BANK AUTH      | Alaska Municipal Bond Bank Authority                                            | CUSIP: 01179RE41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $789604.97    | 0.36%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST                   | State of West Virginia                                                          | CUSIP: 956553XW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1860000 | PA      | $1959824.71   | 0.90%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL      | New York City Transitional Finance Authority Future Tax Secured Revenue         | CUSIP: 64971Q7J6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $621218.04    | 0.28%             | 2024-11-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE NC WTR & SWR SYS REV     | City of Charlotte NC Water & Sewer System Revenue                               | CUSIP: 161045NK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1275279.12   | 0.58%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                      | State of California                                                             | CUSIP: 13063C5U0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1495111.52   | 0.69%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TEXAS ST MUNI WTR DIST WTR S     | North Texas Municipal Water District Water System Revenue                       | CUSIP: 662903C35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1652099.19   | 0.76%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST                       | State of Wisconsin                                                              | CUSIP: 97705MTN5<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $5913710.38   | 2.71%             | 2024-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DES MOINES IA STORMWTR MGMT UT     | City of Des Moines IA Stormwater Utility Revenue                                | CUSIP: 250139HU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $1001499.76   | 0.46%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GEORGIA ST                         | State of Georgia                                                                | CUSIP: 373385HR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5879013.80   | 2.70%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CORPUS CHRISTI TX                  | City of Corpus Christi TX                                                       | CUSIP: 2201127F7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024473.88   | 0.47%             | 2024-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST                        | State of Maryland                                                               | CUSIP: 574193TJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1136127.47   | 0.52%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON      | Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue | CUSIP: 592098X69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $592870.25    | 0.27%             | 2025-07-01      | Fixed         | 1.03%                 | No            |                  2 | On Loan: No      |
| MESA AZ UTILITY SYS REVENUE        | City of Mesa AZ Utility System Revenue                                          | CUSIP: 590545VA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1060899.75   | 0.49%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST                            | State of Ohio                                                                   | CUSIP: 677523FB3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    500000 | PA      | $561067.43    | 0.26%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI     | Pennsylvania Turnpike Commission                                                | CUSIP: 709224MY2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    590000 | PA      | $624966.30    | 0.29%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA WTR & WSTWTR R     | City of Philadelphia PA Water & Wastewater Revenue                              | CUSIP: 717893Q38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2664208.65   | 1.22%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHOE CNTY NV SCH DIST            | Washoe County School District/NV                                                | CUSIP: 940859KJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1304334.80   | 0.60%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH BEND IN SEWAGE WKS REVEN     | City of South Bend IN                                                           | CUSIP: 836615KN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1083704.36   | 0.50%             | 2025-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST TURNPIKE AUTH TURNP     | State of Florida Department of Transportation Turnpike System Revenue           | CUSIP: 343137BF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $496017.01    | 0.23%             | 2026-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| TAMPA-HILLSBOROUGH CNTY FL EXP     | Tampa-Hillsborough County Expressway Authority                                  | CUSIP: 875301GW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1094506.30   | 0.50%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE                           | City of Omaha NE                                                                | CUSIP: 6817124B8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $759891.34    | 0.35%             | 2023-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                      | State of Washington                                                             | CUSIP: 93974EAK2<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   4255000 | PA      | $4810744.78   | 2.21%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH NY BRIDGE & TUNNEL      | Triborough Bridge & Tunnel Authority                                            | CUSIP: 89602NH23<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2805000 | PA      | $2826152.65   | 1.30%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                   | Commonwealth of Massachusetts                                                   | CUSIP: 57582RTL0<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    775000 | PA      | $883634.10    | 0.41%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION&     | Texas Municipal Gas Acquisition & Supply Corp III                               | CUSIP: 88256HBC1<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |    600000 | PA      | $621797.61    | 0.29%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX WTR REVENUE         | San Antonio Water System                                                        | CUSIP: 79642GAP7<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1187752.63   | 0.54%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALASKA ST MUNI BOND BANK AUTH      | Alaska Municipal Bond Bank Authority                                            | CUSIP: 01179RE90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $993075.20    | 0.46%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEBRASKA ST PUBLIC PWR DIST RE     | Nebraska Public Power District                                                  | CUSIP: 63968A4W2<br>LEI: 5493001J0BLQRMOJKP23 | Long             | DBT              | MUN               | US        |    640000 | PA      | $728027.15    | 0.33%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT                  | Salt Lake City Corp                                                             | CUSIP: 795574WF5<br>LEI: 549300CRGKV67DRSGT85 | Long             | DBT              | MUN               | US        |    830000 | PA      | $896061.15    | 0.41%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST WTR DEV BRD               | Texas Water Development Board                                                   | CUSIP: 8828545E8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063526.31   | 0.49%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP REV     | New York State Urban Development Corp                                           | CUSIP: 650035B80<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |    765000 | PA      | $768030.42    | 0.35%             | 2024-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH RE     | New Jersey Economic Development Authority                                       | CUSIP: 64577B5N0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    700000 | PA      | $756181.95    | 0.35%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRECKSVILLE-BROADVIEW HEIGHTSO     | Brecksville-Broadview Heights City School District                              | CUSIP: 106691JQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018316.80   | 0.47%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST TRANSPRTN COMMISSION      | Central Texas Turnpike System                                                   | CUSIP: 88283KAQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1506196.41   | 0.69%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL HIGHWAY AUTH      | Illinois State Toll Highway Authority                                           | CUSIP: 452252LW7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1098995.80   | 0.50%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI     | Pennsylvania Turnpike Commission                                                | CUSIP: 709224N21<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    750000 | PA      | $825986.37    | 0.38%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANGELO TX INDEP SCH DIST       | San Angelo Independent School District                                          | CUSIP: 796116RR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1683739.31   | 0.77%             | 2024-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                        | City of New York NY                                                             | CUSIP: 64966MYA1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    825000 | PA      | $859130.32    | 0.39%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASON OH                           | City of Mason OH                                                                | CUSIP: 575294QL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $596048.40    | 0.27%             | 2023-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CENTRL FL EXPRESSWAY AUTH SR L     | Central Florida Expressway Authority                                            | CUSIP: 153476CK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515294.99    | 0.24%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST                        | State of Maryland                                                               | CUSIP: 574193UC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5849232.50   | 2.68%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST                        | State of Maryland                                                               | CUSIP: 574193PD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058513.72   | 0.49%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KNOXVILLE TN ELEC REVENUE          | City of Knoxville TN Electric System Revenue                                    | CUSIP: 499746YH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $800908.02    | 0.37%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALBUQUERQUE NM                     | City of Albuquerque NM                                                          | CUSIP: 0135187P4<br>LEI: 549300MV7H0GASZUCG39 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1055484.31   | 0.48%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                        | City of New York NY                                                             | CUSIP: 64966QRK8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1054658.02   | 0.48%             | 2026-08-01      | Fixed         | 1.22%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSO     | New York State Dormitory Authority                                              | CUSIP: 64990EQA8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008128.82   | 0.92%             | 2023-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SULLIVAN CNTY TN                   | County of Sullivan TN                                                           | CUSIP: 865287UU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1095530.62   | 0.50%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MECKLENBURG CNTY NC                | County of Mecklenburg NC                                                        | CUSIP: 584002XU8<br>LEI: 5493006G3IC5PBHB7A65 | Long             | DBT              | MUN               | US        |   3675000 | PA      | $4252031.23   | 1.95%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CINCINNATI OH WTR SYS REVENUE      | City of Cincinnati OH Water System Revenue                                      | CUSIP: 172311QM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1666202.78   | 0.76%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                        | City of New York NY                                                             | CUSIP: 64966MAU3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1905000 | PA      | $2054006.45   | 0.94%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FAIRFAX CNTY VA                    | County of Fairfax VA                                                            | CUSIP: 30382ACG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5855000 | PA      | $6086044.04   | 2.79%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL HIGHWAY AUTH      | Illinois State Toll Highway Authority                                           | CUSIP: 452252NX3<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1708866.47   | 0.78%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST BRD OF EDU PUBLIC E     | State of Florida                                                                | CUSIP: 34153QVP8<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |   1857000 | PA      | $1960199.56   | 0.90%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBIA MO SCH DIST               | Columbia School District/MO                                                     | CUSIP: 198037CS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1749899.82   | 0.80%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MESA AZ UTILITY SYS REVENUE        | City of Mesa AZ Utility System Revenue                                          | CUSIP: 590545VB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1239105.84   | 0.57%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRINCE GEORGES CNTY MD             | County of Prince George's MD                                                    | CUSIP: 7417016F8<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1275878.39   | 0.59%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRVING TX                          | City of Irving TX                                                               | CUSIP: 463778BC3<br>LEI: 5493002R7BX8XPQ92O37 | Long             | DBT              | MUN               | US        |   3030000 | PA      | $3536914.49   | 1.62%             | 2032-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PITTSBURGH PA WTR & SWR AUTH       | Pittsburgh Water & Sewer Authority                                              | CUSIP: 725304VV8<br>LEI: 54930034DVH6W22T1E86 | Long             | DBT              | MUN               | US        |    300000 | PA      | $334601.33    | 0.15%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                   | Commonwealth of Massachusetts                                                   | CUSIP: 57582RJT4<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    410000 | PA      | $423106.69    | 0.19%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVENUES     | New York State Dormitory Authority                                              | CUSIP: 649907QR6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    860000 | PA      | $872046.18    | 0.40%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                      | State of Washington                                                             | CUSIP: 93974DBX5<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1498192.87   | 0.69%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| E-470 CO PUBLIC HIGHWAY AUTH       | E-470 Public Highway Authority                                                  | CUSIP: 26822LMN1<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070475.39   | 0.49%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JOHNSTON IA                        | City of Johnston IA                                                             | CUSIP: 479370J66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $524386.39    | 0.24%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASON OH                           | City of Mason OH                                                                | CUSIP: 575294RG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $675144.72    | 0.31%             | 2023-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CLAYTON MO                         | City of Clayton MO                                                              | CUSIP: 184234DK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $545481.79    | 0.25%             | 2028-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                        | State of Illinois                                                               | CUSIP: 4521525D9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1836457.85   | 0.84%             | 2024-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAINE ST MUNI BOND BANK            | Maine Municipal Bond Bank                                                       | CUSIP: 56045RY29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $739548.83    | 0.34%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST BRD OF EDU PUBLIC E     | State of Florida                                                                | CUSIP: 34153QTN6<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |    930000 | PA      | $958705.96    | 0.44%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST MUNI PWR AGY PWR S     | Kentucky Municipal Power Agency                                                 | CUSIP: 491501DV1<br>LEI: 2549001MTI3IE05Z7959 | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1375307.63   | 0.63%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI JT MUNI ELEC UTILITYC     | Missouri Joint Municipal Electric Utility Commission                            | CUSIP: 606092LN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1508369.75   | 0.69%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS LA SEWAGE SVC REVE     | City of New Orleans LA Sewerage Service Revenue                                 | CUSIP: 647719PE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $535391.54    | 0.25%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL      | New York City Transitional Finance Authority Building Aid Revenue               | CUSIP: 64972HE99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $651088.36    | 0.30%             | 2023-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MID-STATE WI TECH CLG DIST         | Mid-St Technical College District/WI                                            | CUSIP: 595493NV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $593031.74    | 0.27%             | 2024-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH RE     | New Jersey Economic Development Authority                                       | CUSIP: 64577XCE4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    750000 | PA      | $815927.41    | 0.37%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT SAINT LUCIE FL UTILITY RE     | City of Port St Lucie FL Utility System Revenue                                 | CUSIP: 735352LQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507330.78    | 0.23%             | 2023-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                      | State of Washington                                                             | CUSIP: 93974DY51<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2204056.40   | 1.01%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE & JEFFERSON CNTY KY     | Louisville/Jefferson County Metropolitan Government                             | CUSIP: 546585DZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2760000 | PA      | $2750441.13   | 1.26%             | 2023-11-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSO     | New York State Dormitory Authority                                              | CUSIP: 64990FD50<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $988136.19    | 0.45%             | 2026-03-15      | Fixed         | 1.19%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                                                 | CUSIP: 419792JZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1599227.39   | 0.73%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST      | New Jersey Transportation Trust Fund Authority                                  | CUSIP: 646136Y88<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1505232.44   | 0.69%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                                                    | CUSIP: 438687TX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2188779.00   | 1.00%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET TRANSPRTN AUTH NY REVENUE      | Metropolitan Transportation Authority                                           | CUSIP: 59261AG35<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1885786.14   | 0.86%             | 2045-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CULLMAN AL UTILITIES BRD WTR R     | Cullman Utilities Board Water Division                                          | CUSIP: 230138GZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025994.11   | 0.47%             | 2025-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLARKSVILLE TN ELEC SYS REVENU     | City of Clarksville TN Electric System Revenue                                  | CUSIP: 182494HR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1116326.92   | 0.51%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BERNALILLO CNTY NM                 | County of Bernalillo NM                                                         | CUSIP: 085275Z40<br>LEI: 549300HH7LOB1GPMU667 | Long             | DBT              | MUN               | US        |    785000 | PA      | $800789.60    | 0.37%             | 2024-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST                       | State of Minnesota                                                              | CUSIP: 60412AEC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1092032.52   | 0.50%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WSTRN WI TECH CLG DIST             | Western Technical College District                                              | CUSIP: 95988MJX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $602618.09    | 0.28%             | 2025-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH REVENUE          | North Texas Tollway Authority                                                   | CUSIP: 66285WSE7<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510086.33    | 0.23%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WICHITA KS WTR & SWR UTILITY R     | City of Wichita KS Water & Sewer Utility Revenue                                | CUSIP: 967338VM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $519110.99    | 0.24%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORLANDO FL UTILITIES COMMISSIO     | Orlando Utilities Commission                                                    | CUSIP: 686507KK9<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |    665000 | PA      | $705544.39    | 0.32%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST TURNPIKE AUT     | North Carolina Turnpike Authority                                               | CUSIP: 65830RCW7<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1527260.75   | 0.70%             | 2024-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| iShares National Muni Bond ETF     | iShares National Muni Bond ETF                                                  | CUSIP: 464288414<br>LEI: 549300H21FUYFQW9N157 | Long             | EC               | RF                | US        |     62191 | NS      | $6562394.32   | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| OREGON ST                          | State of Oregon                                                                 | CUSIP: 68608UZG4<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    575000 | PA      | $581913.71    | 0.27%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS TX WTRWKS & SWR SYS REV     | City of Dallas TX Waterworks & Sewer System Revenue                             | CUSIP: 23542JRN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1931789.72   | 0.89%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE CNTY MD                  | County of Baltimore MD                                                          | CUSIP: 05914F6N5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1123613.20   | 0.52%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SEATTLE WA WTR SYS REVENUE         | City of Seattle WA Water System Revenue                                         | CUSIP: 812728WY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3177121.11   | 1.46%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FAIRFAX CNTY VA                    | County of Fairfax VA                                                            | CUSIP: 30382AEX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3580000 | PA      | $3850605.04   | 1.77%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST                        | State of Maryland                                                               | CUSIP: 574193RR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $1017293.97   | 0.47%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST MUNI ELEC AGY PWR      | Illinois Municipal Electric Agency                                              | CUSIP: 452024HU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $767986.77    | 0.35%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA FL ELEC SYS REVENUE            | JEA Electric System Revenue                                                     | CUSIP: 46613SQR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1108570.56   | 0.51%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAHA NE PUBLIC PWR DIST ELEC      | Omaha Public Power District                                                     | CUSIP: 682001FP2<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1104996.19   | 0.51%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH REVENUE          | North Texas Tollway Authority                                                   | CUSIP: 66285WZL3<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    925000 | PA      | $1036684.27   | 0.48%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRL FL EXPRESSWAY AUTH SR L     | Central Florida Expressway Authority                                            | CUSIP: 153476CZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $558772.81    | 0.26%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAINE ST TURNPIKE AUTH             | Maine Turnpike Authority                                                        | CUSIP: 560551QQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $626725.24    | 0.29%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST WTR DEV BRD               | Texas Water Development Board                                                   | CUSIP: 882854M41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1845000 | PA      | $1962206.04   | 0.90%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST                     | State of Mississippi                                                            | CUSIP: 605581QK6<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |    500000 | PA      | $454511.45    | 0.21%             | 2025-10-01      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| DREYFUS GOVERNMENT CASH MANAGEMENT | DREYFUS GOVERN CASH MGMT-I                                                      | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |   1663660 | NS      | $1663660.14   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| OHIO ST                            | State of Ohio                                                                   | CUSIP: 677523FC1<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1142310.33   | 0.52%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                        | City of New York NY                                                             | CUSIP: 64966QYK0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1757394.29   | 0.81%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX UTILITY SYS REVENUE     | City of Houston TX Combined Utility System Revenue                              | CUSIP: 4424354N0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1032423.19   | 0.47%             | 2024-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSO     | New York State Dormitory Authority                                              | CUSIP: 64990FD43<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    950000 | PA      | $873541.79    | 0.40%             | 2025-03-15      | Fixed         | 0.89%                 | No            |                  2 | On Loan: No      |
| METRO OR                           | Metro/OR                                                                        | CUSIP: 59163PGT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $826262.13    | 0.38%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST THRUWAY AUTH GEN R     | New York State Thruway Authority                                                | CUSIP: 650010CA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2329544.52   | 1.07%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AURORA IL WTRWKS & SWR REVENUE     | City of Aurora IL Waterworks & Sewerage Revenue                                 | CUSIP: 051690FE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $625992.39    | 0.29%             | 2023-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI     | Pennsylvania Turnpike Commission                                                | CUSIP: 709224N39<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    850000 | PA      | $935119.20    | 0.43%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KNOXVILLE TN WSTWTR SYS REVENU     | City of Knoxville TN Wastewater System Revenue                                  | CUSIP: 499815C30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2966222.78   | 1.36%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MILWAUKEE WI MET SEWERAGE DIST     | Milwaukee Metropolitan Sewerage District                                        | CUSIP: 602409MF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1985596.69   | 0.91%             | 2026-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUTNAM CNTY TN                     | County of Putnam TN                                                             | CUSIP: 746673YK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $524703.14    | 0.24%             | 2025-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP SAL     | New York State Urban Development Corp                                           | CUSIP: 64985TAY7<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |    475000 | PA      | $459652.01    | 0.21%             | 2024-03-15      | Fixed         | 2.02%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION&     | Texas Municipal Gas Acquisition & Supply Corp III                               | CUSIP: 88256HBD9<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |    250000 | PA      | $259724.87    | 0.12%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL STORMWTR UT     | County of Miami-Dade FL                                                         | CUSIP: 59334FCK3<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1129246.20   | 0.52%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROWARD CNTY FL SCH DIST           | School District of Broward County/FL                                            | CUSIP: 115067KC3<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |   1895000 | PA      | $2194440.13   | 1.01%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                                                    | CUSIP: 438687CD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $552245.98    | 0.25%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOPEKA KS                          | City of Topeka KS                                                               | CUSIP: 8905685U8<br>LEI: 549300NFEU1XBKVICM54 | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1468243.32   | 0.67%             | 2024-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENVER CO CITY & CNTY WSTWTR M     | Denver Wastewater Management Division Department of Public Works                | CUSIP: 249176CQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $846585.22    | 0.39%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                        | City of New York NY                                                             | CUSIP: 64966KYW7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    950000 | PA      | $961192.97    | 0.44%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CINCINNATI OH                      | City of Cincinnati OH                                                           | CUSIP: 172217S44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1219015.29   | 0.56%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY MUNI WTR FIN      | New York City Municipal Water Finance Authority                                 | CUSIP: 64972GRD8<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3724091.11   | 1.71%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CEDAR FALLS IA MUNI ELEC UTILI     | Municipal Electric Utility of the City of Cedar Falls IA                        | CUSIP: 150260FQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2038645.94   | 0.93%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX                    | County of Tarrant TX                                                            | CUSIP: 876315ZD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2591298.54   | 1.19%             | 2036-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION&     | Texas Municipal Gas Acquisition & Supply Corp III                               | CUSIP: 88256HBB3<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |    200000 | PA      | $206177.15    | 0.09%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX UTILITY SYS REVENUE     | City of Houston TX Combined Utility System Revenue                              | CUSIP: 44244CJ73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1332681.33   | 0.61%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS LA SEWAGE SVC REVE     | City of New Orleans LA Sewerage Service Revenue                                 | CUSIP: 647719NM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $301837.40    | 0.14%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL WTR & SWR R     | County of Miami-Dade FL Water & Sewer System Revenue                            | CUSIP: 59334DMV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2224215.54   | 1.02%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                   | Commonwealth of Massachusetts                                                   | CUSIP: 57582RJE7<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1174039.79   | 0.54%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRL FL EXPRESSWAY AUTH SR L     | Central Florida Expressway Authority                                            | CUSIP: 153476DT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $547544.90    | 0.25%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN NE ELEC SYS REVENUE        | City of Lincoln NE Electric System Revenue                                      | CUSIP: 534272D48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059183.81   | 0.49%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RICHMOND VA PUBLIC UTILITY REV     | City of Richmond VA Public Utility Revenue                                      | CUSIP: 765433LQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $484835.46    | 0.22%             | 2025-01-15      | Fixed         | 2.09%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                                                 | CUSIP: 419792F92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $455648.84    | 0.21%             | 2025-08-01      | Fixed         | 1.03%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HLTH & HGR EDUCTNL     | Maryland Health & Higher Educational Facilities Authority                       | CUSIP: 574218YP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1069550.87   | 0.49%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** Manning & Napier Fund, Inc.

**Signature:** Troy M. Statczar

**Name of Signer:** Troy M. Statczar

**Title:** Principal Financial Officer