# EDGAR Filing Document

**Accession Number:** 0000832808
**File Stem:** 0001752724-25-203781
**Filing Date:** 2025-8
**Character Count:** 640185
**Document Hash:** 4557590b3eb8bbf40b62c8c0f21b4a1c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203781.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-203781

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BERNSTEIN SANFORD C FUND INC
- **CENTRAL INDEX KEY:** 0000832808

**ORGANIZATION NAME:**
- **EIN:** 133464161
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05555
- **FILM NUMBER:** 251253541

**BUSINESS ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** 2129691000

**MAIL ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001

## Series and Classes Contracts Data

### Diversified Municipal Portfolio (Series ID: S000011055)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000030490 | AB Intermediate Diversified Municipal Class A | AIDAX           |
| C000030492 | AB Intermediate Diversified Municipal Class C | AIMCX           |
| C000084883 | Diversified Municipal Class                   | SNDPX           |
| C000157746 | Advisor Class                                 | AIDYX           |
| C000202546 | AB Intermediate Diversified Municipal Class Z | AIDZX           |

## Nport-Ex

**Sanford C. Bernstein Fund, Inc.** 

**Schedule of Investments** 

**Diversified Municipal Portfolio** 

**June 30, 2025 (unaudited)** 

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **MUNICIPAL OBLIGATIONS – 94.9%** | **MUNICIPAL OBLIGATIONS – 94.9%** | **MUNICIPAL OBLIGATIONS – 94.9%** |
|  **Long-Term Municipal Bonds – 89.8%** | **Long-Term Municipal Bonds – 89.8%** | **Long-Term Municipal Bonds – 89.8%** |
|  **Alabama – 3.0%** | **Alabama – 3.0%** | **Alabama – 3.0%** |
|  Black Belt Energy Gas District<br> (BP PLC)<br>Series 2024-D<br>5.00%, 03/01/2055 | $12000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12696100 |
|  Black Belt Energy Gas District<br> (Goldman Sachs Group)<br>Series 2023-D<br>4.771% (SOFR + 1.85%), 06/01/2049<sup>(a)</sup> | 5000 | 5090834 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/01/2049 | 11435 | 12061089 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-B<br>5.00%, 10/01/2055 | 3615 | 3805854 |
|  Black Belt Energy Gas District<br> (Morgan Stanley)<br>Series 2022-C<br>5.25%, 02/01/2053 | 2830 | 2976065 |
|  Black Belt Energy Gas District<br> (Pacific Mutual Holding)<br>Series 2024-C<br>5.00%, 05/01/2055 | 3100 | 3247046 |
|  Energy Southeast A Cooperative District<br> (Morgan Stanley)<br>Series 2023-B<br>5.121% (SOFR + 2.20%), 04/01/2054<sup>(a)</sup> | 10000 | 10176702 |
|  Infirmary Health System Special Care Facilities Financing Authority of Mobile<br> (Infirmary Health System Obligated Group)<br>Series 2021<br>4.00%, 02/01/2039 | 1000 | 925531 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/01/2040 | 2680 | 2432060 |
|  Southeast Alabama Gas Supply District (The)<br> (Pacific Mutual Holding)<br>Series 2024-A<br>5.00%, 08/01/2054 | 10000 | 10513851 |
|  Southeast Energy Authority A Cooperative District<br> (Athene Annuity & Life Co.)<br>Series 2025-A<br>5.00%, 01/01/2056 | 4920 | 5020018 |
|  Southeast Energy Authority A Cooperative District<br> (BP PLC)<br>Series 2025-F<br>5.25%, 11/01/2055 | 3685 | 3961287 |
|  Southeast Energy Authority A Cooperative District<br> (Deutsche Bank AG)<br>Series 2024-A<br>5.00%, 11/01/2035 | 3140 | 3244067 |
|  Southeast Energy Authority A Cooperative District<br> (Morgan Stanley)<br>Series 2021-B<br>4.00%, 12/01/2051 | 44385 | 43868745 |
|  Southeast Energy Authority A Cooperative District<br> (Royal Bank of Canada)<br>Series 2023-B<br>5.00%, 01/01/2054 | 7000 | 7373546 |

---

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---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Southeast Energy Authority A Cooperative District<br> (Sumitomo Mitsui Financial Group)<br>Series 2023-A<br>5.25%, 01/01/2054 | $| 13025 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13662307 |
|  |  |  |  | 141055102 |
|  **American Samoa – 0.0%** | **American Samoa – 0.0%** | **American Samoa – 0.0%** | **American Samoa – 0.0%** | **American Samoa – 0.0%** |
|  American Samoa Economic Development Authority<br> (Territory of American Samoa)<br>Series 2018<br>6.50%, 09/01/2028<sup>(b)</sup> |  | 1595 |  | 1659222 |
|  **Arizona – 2.1%** | **Arizona – 2.1%** | **Arizona – 2.1%** | **Arizona – 2.1%** | **Arizona – 2.1%** |
|  Arizona Industrial Development Authority<br> (Equitable School Revolving Fund Obligated Group)<br>Series 2020<br>5.00%, 11/01/2034 |  | 1000 |  | 1050418 |
|  Arizona Industrial Development Authority<br> (Legacy Cares, Inc.)<br>Series 2020<br>6.50%, 07/01/2026<sup>(c) (d) (e)</sup> |  | 2000 |  | 60000 |
|  Chandler Industrial Development Authority<br> (Intel Corp.)<br>Series 2022<br>5.00%, 09/01/2052 |  | 11680 |  | 11887630 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>4.00%, 06/01/2049 |  | 12580 |  | 12550239 |
|  City of Glendale AZ<br> (City of Glendale AZ COP)<br>Series 2021<br>2.062%, 07/01/2029 |  | 2900 |  | 2671680 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.542%, 07/01/2033 |  | 5000 |  | 4287549 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.642%, 07/01/2034 |  | 10000 |  | 8423460 |
|  City of Phoenix Civic Improvement Corp.<br> (City of Phoenix AZ Water System Revenue)<br>Series 2020<br>5.00%, 07/01/2030 |  | 600 |  | 661909 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2031 |  | 850 |  | 932782 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2032 |  | 825 |  | 901418 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-A<br>5.00%, 07/01/2030 |  | 500 |  | 551591 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2031 |  | 650 |  | 713304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2032 |  | 400 |  | 437051 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2033 |  | 490 |  | 531704 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-A<br>5.00%, 07/01/2039 |  | 1720 |  | 1815859 |
|  City of Phoenix Civic Improvement Corp.<br> (Phoenix Sky Harbor Intl Airport)<br>Series 2019-B<br>5.00%, 07/01/2025 |  | 1250 |  | 1250000 |
|  City of Tempe AZ<br> (City of Tempe AZ COP)<br>Series 2021<br>2.071%, 07/01/2032 |  | 5000 |  | 4264741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.171%, 07/01/2033 |  | 5000 |  | 4173974 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Gilbert Water Resource Municipal Property Corp.<br> (Town of Gilbert AZ Waterworks & Sewer System Revenue)<br>Series 2022<br>5.00%, 07/15/2037 | $| 1805 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1967553 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/15/2038 |  | 5500 |  | 5942645 |
|  Industrial Development Authority of the City of Phoenix Arizona (The)<br> (Brooks West Rehabilitation Services I)<br>Series 2024<br>5.00%, 10/31/2044 |  | 13000 |  | 13267427 |
|  Maricopa County Industrial Development Authority<br> (HonorHealth Obligated Group)<br>Series 2024-D<br>5.00%, 12/01/2025 |  | 1000 |  | 1007749 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2039 |  | 1000 |  | 1050664 |
|  Sierra Vista Industrial Development Authority<br> (American Leadership Academy)<br>Series 2024<br>5.00%, 06/15/2034<sup>(b)</sup> |  | 1250 |  | 1286251 |
|  State of Arizona Lottery Revenue<br> (Prerefunded - US Treasuries)<br>Series 2019<br>5.00%, 07/01/2025 |  | 5000 |  | 5000000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2027 |  | 5500 |  | 5753553 |
|  Yuma Industrial Development Authority<br> (Yuma Regional Medical Center Obligated Group)<br>AG Series 2024<br>5.25%, 08/01/2042 |  | 2125 |  | 2213832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 08/01/2043 |  | 2750 |  | 2849087 |
|  |  |  |  | 97504070 |
|  **Arkansas – 0.1%** | **Arkansas – 0.1%** | **Arkansas – 0.1%** | **Arkansas – 0.1%** | **Arkansas – 0.1%** |
|  Arkansas Development Finance Authority<br> (Hybar LLC)<br>Series 2024<br>7.375%, 07/01/2048<sup>(b)</sup> |  | 1900 |  | 2059937 |
|  City of Fayetteville AR Sales & Use Tax Revenue<br> (City of Fayetteville AR Sales & Use Tax Revenue)<br>Series 2022<br>2.875%, 11/01/2032 |  | 2780 |  | 2745811 |
|  |  |  |  | 4805748 |
|  **California – 8.0%** | **California – 8.0%** | **California – 8.0%** | **California – 8.0%** | **California – 8.0%** |
|  California Community Choice Financing Authority<br> (American General Life Insurance)<br>Series 2023-D<br>5.50%, 05/01/2054 |  | 10000 |  | 10523422 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 08/01/2055 |  | 2500 |  | 2634891 |
|  California Community Choice Financing Authority<br> (Athene Annuity & Life Co.)<br>Series 2024<br>5.00%, 11/01/2055 |  | 1175 |  | 1212411 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 01/01/2056 |  | 1500 |  | 1548118 |
|  California Community Choice Financing Authority<br> (Deutsche Bank AG)<br>Series 2023<br>5.25%, 01/01/2054 |  | 10000 |  | 10479216 |

---

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---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  California Community Choice Financing Authority<br> (Goldman Sachs Group)<br>Series 2023<br>5.25%, 11/01/2054 | $11115 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11779584 |
|  California Community Choice Financing Authority<br> (Morgan Stanley)<br>Series 2023<br>4.551% (SOFR + 1.63%), 07/01/2053<sup>(a)</sup> | 5000 | 5000888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.591% (SOFR + 1.67%), 02/01/2054<sup>(a)</sup> | 5000 | 5006881 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-E<br>5.00%, 02/01/2055 | 1400 | 1479248 |
|  California Community Choice Financing Authority<br> (New York Life Insurance)<br>Series 2024<br>5.00%, 01/01/2056 | 1360 | 1457935 |
|  California Community Choice Financing Authority<br> (Pacific Mutual Holding)<br>Series 2025<br>5.00%, 03/01/2056 | 2810 | 2983630 |
|  California Community Choice Financing Authority<br> (Royal Bank of Canada)<br>Series 2024<br>5.00%, 02/01/2055 | 8015 | 8525030 |
|  California Community Housing Agency<br> (California Community Housing Agency Brio Apartments & Next on Lex Apartments)<br>Series 2021-A<br>4.00%, 08/01/2047<sup>(b)</sup> | 18035 | 13491316 |
|  California Enterprise Development Authority<br> (County of Riverside CA Lease)<br>Series 2024<br>5.00%, 11/01/2036 | 5005 | 5622609 |
|  California Health Facilities Financing Authority<br> (Prerefunded - US Treasuries)<br>Series 2021<br>3.00%, 08/15/2054 | 1525 | 1524899 |
|  California Housing Finance Agency<br> (CAHFA 2019-2)<br>Series 2019-2, Class A<br>4.00%, 03/20/2033 | 9517 | 9526954 |
|  California Housing Finance Agency<br> (CAHFA 2021-1)<br>Series 2021-1, Class A<br>3.50%, 11/20/2035 | 3270 | 3051377 |
|  California Housing Finance Agency<br> (CAHFA 2021-2)<br>Series 2021-2, Class A<br>3.75%, 03/25/2035 | 15646 | 15586913 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-2, Class X<br>0.825%, 03/25/2035<sup>(f)</sup> | 9482 | 387817 |
|  California Housing Finance Agency<br> (CAHFA 2021-3)<br>Series 2021-3, Class A<br>3.25%, 08/20/2036 | 3772 | 3515664 |
|  California State University<br> (California State University)<br>Series 2021-B<br>2.374%, 11/01/2035 | 5000 | 3991729 |

---

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Central Valley Energy Authority<br> (Pacific Mutual Holding)<br>Series 2025<br>5.00%, 12/01/2055 | $2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2131787 |
|  City of Los Angeles CA Wastewater System Revenue<br> (City of Los Angeles CA Wastewater System Revenue)<br>Series 2025-C<br>5.00%, 06/01/2042 | 1500 | 1601050 |
|  City of Los Angeles Department of Airports<br> (City of Los Angeles Dept. of Airports)<br>Series 2025<br>5.25%, 05/15/2044 | 4015 | 4157775 |
|  CMFA Special Finance Agency VIII Elan Huntington Beach<br> (CMFA Special Finance Agency VIII Elan Huntington Beach)<br>Series 2021<br>4.00%, 08/01/2047<sup>(b)</sup> | 875 | 765204 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority 777 Place-Pomona)<br>Series 2021<br>3.60%, 05/01/2047<sup>(b)</sup> | 13250 | 10455229 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Acacia on Santa Rosa Creek)<br>Series 2021<br>4.00%, 10/01/2046<sup>(b)</sup> | 5500 | 4177021 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Altana Apartments)<br>Series 2021<br>3.50%, 10/01/2046<sup>(b)</sup> | 12800 | 9964024 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Millennium South Bay-Hawthorne)<br>Series 2021<br>3.375%, 07/01/2043<sup>(b)</sup> | 7000 | 5420768 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Union South Bay)<br>Series 2021-A<br>3.10%, 07/01/2045<sup>(b)</sup> | 3000 | 2412785 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Vineyard Gardens Apartments)<br>Series 2021<br>4.00%, 10/01/2048<sup>(b)</sup> | 6545 | 4870288 |
|  Golden State Tobacco Securitization Corp.<br> (Golden State Tobacco Securitization)<br>Series 2021<br>3.85%, 06/01/2050 | 2475 | 2252097 |

---

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue<br> (Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue)<br>Series 2021-A<br>4.00%, 06/01/2037 | $6165 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6201499 |
|  Los Angeles Department of Water & Power<br> (Los Angeles Dept. of Water & Power Power System Revenue)<br>Series 2022<br>5.00%, 07/01/2028 | 1600 | 1682064 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-C<br>5.00%, 07/01/2038 | 1000 | 1046580 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2042 | 1400 | 1442778 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-E<br>5.00%, 07/01/2038 | 2005 | 2116611 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>5.00%, 07/01/2040 | 2680 | 2807407 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-B<br>5.00%, 07/01/2036 | 2000 | 2151714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2037 | 4000 | 4272523 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2039 | 2640 | 2777022 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-C<br>5.00%, 07/01/2041 | 2000 | 2085614 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-D<br>5.00%, 07/01/2043 | 7165 | 7421181 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-E<br>5.00%, 07/01/2039 | 4530 | 4776494 |
| &nbsp;&nbsp;&nbsp;&nbsp; BAM Series 2025-A<br>5.25%, 07/01/2044 | 2250 | 2380910 |
|  Los Angeles Department of Water & Power Power System Revenue<br> (Los Angeles Dept. of Water & Power Power System Revenue)<br>Series 2016-B<br>5.00%, 07/01/2042 | 1075 | 1064874 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-B<br>5.00%, 07/01/2039 | 2000 | 2063695 |
|  Los Angeles Department of Water & Power Water System Revenue<br> (Los Angeles Dept. of Water & Power Water System Revenue)<br>Series 2021-B<br>5.00%, 07/01/2040 | 2075 | 2142844 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-D<br>5.00%, 07/01/2041 | 1140 | 1182834 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-A<br>5.00%, 07/01/2041 | 1285 | 1339063 |
|  Sacramento County Water Financing Authority<br> (Sacramento County Water Agency)<br>NATL Series 2007-B<br>3.646% (CME Term SOFR 3 Month + 0.57%), 06/01/2039<sup>(a)</sup> | 15000 | 13553556 |
|  San Diego County Regional Airport Authority<br> (San Diego County Regional Airport Authority)<br>Series 2023<br>5.00%, 07/01/2042 | 20735 | 20795440 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.25%, 07/01/2041<sup>(g)</sup> | 1600 | 1688596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2045<sup>(g)</sup> | 1550 | 1602113 |

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  San Francisco Intl Airport<br> (San Francisco Intl Airport)<br>Series 2020-E<br>5.00%, 05/01/2037 | $| 9645 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9929384 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-E<br>5.25%, 05/01/2034 |  | 22275 |  | 24619484 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/01/2035 |  | 10870 |  | 11916797 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 05/01/2038 |  | 7000 |  | 7298194 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/01/2042 |  | 10000 |  | 10287253 |
|  San Joaquin Valley Clean Energy Authority<br> (Goldman Sachs Group)<br>Series 2025<br>5.50%, 01/01/2056 |  | 2990 |  | 3279100 |
|  Southern California Public Power Authority<br> (American General Life Insurance)<br>Series 2024-A<br>5.00%, 04/01/2055 |  | 7000 |  | 7361730 |
|  Southern California Public Power Authority<br> (Los Angeles Dept. of Water & Power Power System Revenue)<br>Series 2023<br>5.00%, 07/01/2036 |  | 2335 |  | 2523215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2039 |  | 6485 |  | 6822910 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2041 |  | 2355 |  | 2450854 |
|  State of California<br> (State of California)<br>Series 2023<br>5.00%, 09/01/2037 |  | 10000 |  | 10961608 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2043 |  | 10000 |  | 10568073 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 03/01/2029 |  | 2000 |  | 2066457 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 03/01/2033 |  | 1000 |  | 1086773 |
|  University of California<br> (University of California)<br>Series 2023-B<br>5.00%, 05/15/2042 |  | 5000 |  | 5281519 |
|  Yucaipa Valley Water District Financing Authority<br> (Yucaipa Valley Water District Water & Sewer Revenue)<br>Series 2024-A<br>5.00%, 06/01/2026 |  | 3000 |  | 3044444 |
|  |  |  |  | 373631767 |
|  **Colorado – 2.2%** | **Colorado – 2.2%** | **Colorado – 2.2%** | **Colorado – 2.2%** | **Colorado – 2.2%** |
|  City & County of Denver CO Airport System Revenue<br> (City & County of Denver CO Airport System Revenue)<br>Series 2023-B<br>5.00%, 11/15/2029 |  | 3250 |  | 3465883 |
|  City & County of Denver CO Airport System Revenue<br> (Denver Intl Airport)<br>Series 2018-A<br>5.00%, 12/01/2025 |  | 10000 |  | 10060035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2026 |  | 16080 |  | 16440298 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2028 |  | 16105 |  | 16986884 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2029 |  | 9560 |  | 10009627 |

---

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Colorado Educational & Cultural Facilities Authority<br> (Ascent Classical Academy Charter Schools)<br>Series 2024<br>4.75%, 04/01/2034<sup>(b)</sup> | $2100 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2125018 |
|  Colorado Health Facilities Authority<br> (CommonSpirit Health Obligated Group)<br>Series 2019-A<br>5.00%, 08/01/2030 | 3000 | 3209776 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2035 | 1995 | 2070540 |
|  Colorado Health Facilities Authority<br> (Sanford Obligated Group)<br>Series 2019-A<br>5.00%, 11/01/2027 | 2280 | 2380686 |
|  Colorado Housing & Finance Authority<br> (Albion Apartments LLLP)<br>Series 2025<br>3.375%, 07/01/2044 | 3250 | 3261350 |
|  E-470 Public Highway Authority<br> (E-470 Public Highway Authority)<br>Series 2024-B<br>3.691% (SOFR + 0.75%), 09/01/2039<sup>(a)</sup> | 4000 | 3976600 |
|  Johnstown Plaza Metropolitan District<br> (Johnstown Plaza Metropolitan District)<br>Series 2022<br>4.25%, 12/01/2046 | 2139 | 1792985 |
|  Platte River Metropolitan District<br> (Platte River Metropolitan District)<br>Series 2023-A<br>6.50%, 08/01/2053<sup>(b)</sup> | 1603 | 1602722 |
|  Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado<br> (Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado)<br>Series 2025-A<br>5.00%, 04/01/2035<sup>(b)</sup> | 10000 | 10583938 |
|  State of Colorado<br> (State of Colorado COP)<br>Series 2022<br>6.00%, 12/15/2041 | 11000 | 12305866 |
|  Sterling Ranch Community Authority Board<br> (Sterling Ranch Metropolitan District No. 3)<br>Series 2022<br>5.80%, 12/01/2032 | 1630 | 1701860 |
|  Vauxmont Metropolitan District<br> (Vauxmont Metropolitan District)<br>AG Series 2019<br>3.25%, 12/15/2050 | 646 | 482085 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/15/2026 | 270 | 277658 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2020<br>5.00%, 12/01/2027 | 305 | 318895 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2030 | 385 | 413236 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2033 | 285 | 302205 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2050 | 300 | 290523 |
|  |  | 104058670 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **Connecticut – 2.5%** | **Connecticut – 2.5%** | **Connecticut – 2.5%** |
|  City of Bridgeport CT<br> (City of Bridgeport CT)<br>Series 2017-A<br>5.00%, 11/01/2028 | $1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1044359 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-B<br>5.00%, 08/15/2025 | 1085 | 1087483 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2026 | 4500 | 4612475 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2027 | 6610 | 6902309 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-C<br>5.00%, 08/15/2026 | 2480 | 2541986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2027 | 2605 | 2720199 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2028 | 1620 | 1686078 |
|  City of Bridgeport CT<br> (Prerefunded - US Treasuries)<br>Series 2017-B<br>5.00%, 08/15/2027 | 755 | 791814 |
|  Connecticut State Health & Educational Facilities Authority<br> (University of New Haven)<br>Series 2018-K1<br>5.00%, 07/01/2026 | 1000 | 1009221 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2027 | 1100 | 1126330 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2028 | 1100 | 1136595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2029 | 1200 | 1236434 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2037 | 1500 | 1505926 |
|  Connecticut State Health & Educational Facilities Authority<br> (Yale University)<br>Series 2023-A<br>2.80%, 07/01/2048 | 19535 | 19410701 |
|  State of Connecticut<br> (Prerefunded - Others)<br>Series 2015-B<br>5.00%, 06/15/2032 | 7345 | 7356516 |
|  State of Connecticut<br> (State of Connecticut)<br>Series 2015-F<br>5.00%, 11/15/2027 | 1570 | 1581521 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-A<br>5.00%, 03/15/2029 | 14500 | 14725508 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-C<br>5.00%, 06/15/2026 | 5500 | 5615705 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-A<br>5.00%, 01/15/2040 | 2565 | 2655939 |
|  State of Connecticut Special Tax Revenue<br> (State of Connecticut Special Tax Revenue)<br>Series 2021-A<br>5.00%, 05/01/2041 | 2840 | 2959846 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-D<br>4.00%, 11/01/2039 | 1060 | 1037181 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-A<br>5.25%, 07/01/2042 | 10000 | 10712607 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Town of Stratford CT<br> (Town of Stratford CT)<br>BAM Series 2019<br>5.00%, 01/01/2030 | $| 2035 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2098740 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2031 |  | 3890 |  | 4008476 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2032 |  | 3890 |  | 4002504 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2033 |  | 3555 |  | 3649303 |
|  University of Connecticut<br> (University of Connecticut)<br>Series 2022-A<br>5.00%, 05/01/2040 |  | 7065 |  | 7437436 |
|  |  |  |  | 114653192 |
|  **Delaware – 0.0%** | **Delaware – 0.0%** | **Delaware – 0.0%** | **Delaware – 0.0%** | **Delaware – 0.0%** |
|  Delaware State Economic Development Authority<br> (Newark Charter School)<br>Series 2020<br>4.00%, 09/01/2030 |  | 575 |  | 577460 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2050 |  | 1000 |  | 952941 |
|  |  |  |  | 1530401 |
|  **District of Columbia – 1.2%** | **District of Columbia – 1.2%** | **District of Columbia – 1.2%** | **District of Columbia – 1.2%** | **District of Columbia – 1.2%** |
|  District of Columbia Income Tax Revenue<br> (District of Columbia Income Tax Revenue)<br>Series 2024-A<br>5.00%, 10/01/2035 |  | 10000 |  | 11218486 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 06/01/2044 |  | 9000 |  | 9360913 |
|  Metropolitan Washington Airports Authority Aviation Revenue<br> (Metropolitan Washington Airports Authority Aviation Revenue)<br>Series 2024-A<br>5.00%, 10/01/2025 |  | 1000 |  | 1004357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2033 |  | 17600 |  | 19141457 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2034 |  | 2000 |  | 2140595 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2036 |  | 8500 |  | 8973046 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2040 |  | 1675 |  | 1713790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2044 |  | 2000 |  | 2002137 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 10/01/2035<sup>(g)</sup> |  | 2000 |  | 2163158 |
|  |  |  |  | 57717939 |
|  **Florida – 4.7%** | **Florida – 4.7%** | **Florida – 4.7%** | **Florida – 4.7%** | **Florida – 4.7%** |
|  City of Lakeland FL<br> (Lakeland Regional Health Systems Obligated Group)<br>Series 2024<br>5.00%, 11/15/2043 |  | 2420 |  | 2459088 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2044 |  | 2000 |  | 2021967 |
|  City of South Miami Health Facilities Authority, Inc.<br> (Baptist Health South Florida Foundation)<br>Series 2017<br>5.00%, 08/15/2031 |  | 5000 |  | 5175372 |
|  City of Tampa FL<br> (State of Florida Cigarette Tax Revenue)<br>Series 2020-A<br>Zero Coupon, 09/01/2034 |  | 650 |  | 443836 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 09/01/2035 |  | 650 |  | 421163 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  County of Broward FL Airport System Revenue<br> (County of Broward FL Airport System Revenue)<br>Series 2019-C<br>2.384%, 10/01/2026 | $1250 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1222474 |
|  County of Broward FL Convention Center Hotel Revenue<br> (County of Broward FL Convention Center Hotel Revenue)<br>Series 2022<br>5.00%, 01/01/2035 | 2685 | 2932625 |
|  County of Lee FL Airport Revenue<br> (County of Lee FL Airport Revenue)<br>Series 2024<br>5.25%, 10/01/2040 | 2460 | 2573968 |
|  County of Miami-Dade FL Aviation Revenue<br> (County of Miami-Dade FL Aviation Revenue)<br>Series 2024-A<br>5.00%, 10/01/2027 | 4650 | 4817279 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2035 | 23870 | 25454646 |
|  County of Miami-Dade FL Water & Sewer System Revenue<br> (County of Miami-Dade FL Water & Sewer System Revenue)<br>Series 2021<br>4.00%, 10/01/2038 | 2490 | 2459424 |
|  County of Miami-Dade Seaport Department<br> (County of Miami-Dade Seaport Dept.)<br>Series 2023-A<br>5.00%, 10/01/2029 | 5500 | 5811007 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2038 | 2535 | 2604873 |
|  County of Osceola FL Transportation Revenue<br> (County of Osceola FL Transportation Revenue)<br>Series 2020-A<br>Zero Coupon, 10/01/2030 | 735 | 602952 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 10/01/2031 | 905 | 709422 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 10/01/2032 | 500 | 374308 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 10/01/2033 | 1210 | 857316 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 10/01/2034 | 1260 | 853447 |
|  County of Palm Beach FL<br> (Palm Beach Atlantic University)<br>Series 2025<br>5.50%, 10/01/2045<sup>(b)</sup> | 1000 | 1007355 |
|  County of Pasco FL<br> (H Lee Moffitt Cancer Center & Research Institute Obligated Group)<br>Series 2023<br>5.00%, 07/01/2030<sup>(b)</sup> | 25000 | 27001475 |
|  Duval County School Board<br> (Prerefunded - US Treasuries)<br>Series 2015-B<br>5.00%, 07/01/2026 | 4280 | 4280000 |
|  Florida Development Finance Corp.<br> (Brightline Trains Florida)<br>AG Series 2024<br>5.00%, 07/01/2044 | 13920 | 13818223 |
|  Florida Development Finance Corp.<br> (GFL Solid Waste Southeast)<br>Series 2024<br>4.375%, 10/01/2054<sup>(b)</sup> | 2000 | 1992082 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Florida Development Finance Corp.<br> (Mayflower Retirement Center Obligated Group)<br>Series 2020<br>5.125%, 06/01/2040<sup>(b)</sup> | $3675 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3603938 |
|  Florida Development Finance Corp.<br> (Renaissance Charter School)<br>Series 2023<br>6.50%, 06/15/2038<sup>(b)</sup> | 2000 | 2115928 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 06/15/2043<sup>(b)</sup> | 2195 | 2306490 |
|  Florida Municipal Power Agency<br> (Florida Municipal Power Agency All-Requirements Power Supply Project Revenue)<br>Series 2015-B<br>5.00%, 10/01/2026 | 1750 | 1759047 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2028 | 1015 | 1019120 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021<br>1.425%, 10/01/2026 | 3000 | 2895768 |
|  Florida State Board of Governors<br> (Florida State University Athletics Association)<br>BAM Series 2024-A<br>5.00%, 10/01/2043 | 10000 | 10380972 |
|  Greater Orlando Aviation Authority<br> (Greater Orlando Aviation Authority)<br>Series 2019-A<br>5.00%, 10/01/2025 | 5700 | 5721676 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 10/01/2034 | 4285 | 4642485 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2035 | 2000 | 2151893 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2036 | 1235 | 1310582 |
|  Greater Orlando Aviation Authority<br> (Prerefunded - US Treasuries)<br>Series 2017-A<br>5.00%, 10/01/2029 | 3000 | 3134389 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2030 | 6250 | 6529978 |
|  Hillsborough County Aviation Authority<br> (Hillsborough County Aviation Authority)<br>Series 2024<br>5.25%, 10/01/2043 | 6500 | 6728587 |
|  Hillsborough County Industrial Development Authority<br> (BayCare Obligated Group)<br>Series 2024<br>5.00%, 11/15/2034 | 2000 | 2237443 |
|  Hillsborough County School Board<br> (Hillsborough County School Board COP)<br>Series 2015<br>5.00%, 07/01/2026 | 1480 | 1482269 |
|  JEA Electric System Revenue<br> (JEA Electric System Revenue)<br>Series 2017-B<br>5.00%, 10/01/2030 | 1185 | 1236686 |
|  JEA Water & Sewer System Revenue<br> (JEA Water & Sewer System Revenue)<br>Series 2024-A<br>5.00%, 10/01/2043 | 1635 | 1697495 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Lee County Industrial Development Authority/FL<br> (Shell Point Obligated Group)<br>Series 2024<br>4.125%, 11/15/2029 | $| 2975 | $| 2985092 |
|  Manatee County School District<br> (Manatee County School District COP)<br>Series 2016-A<br>5.00%, 07/01/2028 |  | 7795 |  | 7953579 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2029 |  | 6215 |  | 6346997 |
|  Miami-Dade County Educational Facilities Authority<br> (University of Miami)<br>Series 2025-B<br>5.25%, 04/01/2040 |  | 2860 |  | 3052659 |
|  Mid-Bay Bridge Authority<br> (Mid-Bay Bridge Authority)<br>Series 2015-A<br>5.00%, 10/01/2035 |  | 8565 |  | 8603781 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2040 |  | 1345 |  | 1351090 |
|  North Broward Hospital District<br> (North Broward Hospital District)<br>Series 2017-B<br>5.00%, 01/01/2029 |  | 3000 |  | 3087365 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2030 |  | 3180 |  | 3263827 |
|  Orange County Convention Center/Orlando<br> (Orange County Convention Center/Orlando)<br>Series 2015<br>5.00%, 10/01/2031 |  | 2000 |  | 2006533 |
|  Orange County Health Facilities Authority<br> (Orlando Health Obligated Group)<br>Series 2025<br>5.00%, 10/01/2044 |  | 4800 |  | 4901950 |
|  Orange County Health Facilities Authority<br> (Presbyterian Retirement Communities Obligated Group)<br>Series 2023<br>4.00%, 08/01/2036 |  | 1000 |  | 957418 |
|  Polk County Industrial Development Authority/FL<br> (Mineral Development LLC)<br>Series 2020<br>5.875%, 01/01/2033<sup>(c) (d) (e)</sup> |  | 1905 |  | 1104900 |
|  South Broward Hospital District<br> (South Broward Hospital District Obligated Group)<br>Series 2015<br>5.00%, 05/01/2027 |  | 3350 |  | 3356904 |
|  Village Community Development District No. 15<br> (Village Community Development District No. 15 Series 2023 Phase I Special Assmnt)<br>Series 2023<br>4.85%, 05/01/2038<sup>(b)</sup> |  | 995 |  | 1003525 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220824668 |
|  **Georgia – 2.3%** | **Georgia – 2.3%** | **Georgia – 2.3%** | **Georgia – 2.3%** | **Georgia – 2.3%** |
|  City of Atlanta GA Department of Aviation<br> (City of Atlanta GA Dept. of Aviation)<br>Series 2022-B<br>5.00%, 07/01/2035 |  | 1565 |  | 1652214 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2036 |  | 2845 |  | 2988287 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2037 |  | 2535 |  | 2643327 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2039 |  | 2765 |  | 2839263 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2040 |  | 7105 |  | 7248890 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2041 |  | 7460 |  | 7555287 |

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Cobb County Kennestone Hospital Authority<br> (WellStar Health System Obligated Group)<br>Series 2021<br>5.00%, 04/01/2026 | $1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1014261 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2027 | 250 | 258983 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2028 | 250 | 263871 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2029 | 300 | 321243 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2030 | 225 | 243994 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2031 | 250 | 270752 |
|  Development Authority of Cobb County (The)<br> (MT Bethel Christian Academy)<br>Series 2025<br>6.00%, 06/01/2045<sup>(b)</sup> | 1000 | 1007695 |
|  Fayette County Development Authority<br> (United States Soccer Federation)<br>Series 2024<br>5.00%, 10/01/2026 | 300 | 306147 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2027 | 270 | 280197 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2028 | 320 | 336322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2029 | 375 | 398496 |
|  Main Street Natural Gas, Inc.<br> (Citadel LP)<br>Series 2022-C<br>4.00%, 08/01/2052<sup>(b)</sup> | 3500 | 3489547 |
|  Main Street Natural Gas, Inc.<br> (Citigroup, Inc.)<br>Series 2022-B<br>5.00%, 12/01/2052 | 1455 | 1510391 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-A<br>5.00%, 06/01/2053 | 22965 | 24073725 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-E<br> 5.00%, 05/01/2055 | 2535 | 2667928 |
|  Main Street Natural Gas, Inc.<br> (Royal Bank of Canada)<br>Series 2023<br>4.641% (SOFR + 1.70%), 12/01/2053<sup>(a)</sup> | 5000 | 5024248 |
|  Main Street Natural Gas, Inc.<br> (Toronto-Dominion Bank)<br>Series 2024-D<br>5.00%, 04/01/2054 | 4745 | 5031323 |
|  Metropolitan Atlanta Rapid Transit Authority<br> (Metropolitan Atlanta Rapid Transit Authority Sales Tax)<br>Series 2025-B<br>5.00%, 07/01/2036 | 1100 | 1253661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2037 | 1100 | 1257551 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2038 | 2350 | 2669425 |
|  Municipal Electric Authority of Georgia<br> (Municipal Electric Authority of Georgia)<br>Series 2024<br>5.00%, 01/01/2042 | 1500 | 1542578 |
|  Private Colleges & Universities Authority<br> (Emory University)<br>Series 2023<br>5.00%, 09/01/2033<sup>(b)</sup> | 25000 | 27771570 |
|  |  | 105921176 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **Guam – 0.0%** | **Guam – 0.0%** | **Guam – 0.0%** |
|  Territory of Guam<br> (Territory of Guam)<br>Series 2019<br>5.00%, 11/15/2031 | $&nbsp;&nbsp;&nbsp;&nbsp;700 | $713718 |
|  **Hawaii – 0.2%** | **Hawaii – 0.2%** | **Hawaii – 0.2%** |
|  City & County Honolulu HI Wastewater System Revenue<br> (City & County Honolulu HI Wastewater System Revenue)<br>Series 2025<br>5.00%, 07/01/2038 | 2200 | 2422465 |
|  City & County of Honolulu HI<br> (City & County of Honolulu HI)<br>Series 2024-A<br>5.25%, 07/01/2043 | 1000 | 1076141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2044 | 1000 | 1070829 |
|  State of Hawaii Airports System Revenue<br> (State of Hawaii Airports System Revenue)<br>Series 2025-C<br>5.00%, 07/01/2041 | 3030 | 3093831 |
|  State of Hawaii Harbor System Revenue<br> (State of Hawaii Harbor System Revenue)<br>Series 2020-A<br>4.00%, 07/01/2035 | 2765 | 2725352 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10388618 |
|  **Illinois – 5.4%** | **Illinois – 5.4%** | **Illinois – 5.4%** |
|  Chicago Board of Education<br> (Chicago Board of Education)<br>Series 2012-B<br>5.00%, 12/01/2033 | 2265 | 2265000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-C<br>5.25%, 12/01/2035 | 1000 | 1000019 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-A<br>5.00%, 12/01/2026 | 1000 | 1013490 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-A<br>5.00%, 12/01/2037 | 3750 | 3766769 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.25%, 04/01/2034 | 2125 | 2310906 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-A<br>5.00%, 12/01/2034 | 7000 | 7212414 |
|  Chicago O'Hare International Airport<br> (Chicago O'Hare Intl Airport)<br>Series 2016-C<br>5.00%, 01/01/2027 | 3020 | 3052641 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-A<br>5.00%, 01/01/2039 | 6000 | 6022512 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>4.00%, 01/01/2042 | 3160 | 2875665 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2029 | 500 | 524898 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2030 | 800 | 848143 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2033 | 890 | 951305 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2040 | 1850 | 1879986 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2041 | $2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2018428 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2042 | 2200 | 2206606 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>5.00%, 01/01/2036 | 1180 | 1243445 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2037 | 2500 | 2620779 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2038 | 2500 | 2603307 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2039 | 1600 | 1651189 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/01/2040 | 4000 | 4207761 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-C<br>5.00%, 01/01/2034 | 3000 | 3222732 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/01/2041 | 2250 | 2355695 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-E<br>5.00%, 01/01/2029 | 2885 | 3028662 |
| &nbsp;&nbsp;&nbsp;&nbsp; BAM Series 2017-F<br>4.25%, 01/01/2042 | 2000 | 1894087 |
|  City of Chicago IL<br> (City of Chicago IL)<br>Series 2025-B<br>5.50%, 01/01/2040 | 2000 | 2082952 |
|  County of Cook IL<br> (County of Cook IL)<br>Series 2021-B<br>4.00%, 11/15/2025 | 2140 | 2146404 |
|  Illinois Finance Authority<br> (Bradley University)<br>Series 2024<br>5.00%, 08/01/2025 | 400 | 400390 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2026 | 450 | 457616 |
|  Illinois Finance Authority<br> (Centerpoint Joliet Terminal Railroad)<br>Series 2024<br>4.125%, 12/01/2043<sup>(b)</sup> | 2300 | 2229843 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>4.80%, 12/01/2043<sup>(b) (g)</sup> | 1000 | 1012355 |
|  Illinois Finance Authority<br> (Illinois Institute of Technology)<br>Series 2019<br>5.00%, 09/01/2025 | 350 | 350080 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2026 | 675 | 678909 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2031 | 1000 | 1007298 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2034 | 600 | 592826 |
|  Illinois Finance Authority<br> (Mercy Health Corp.)<br>Series 2016<br>5.00%, 12/01/2040 | 3200 | 3202448 |
|  Illinois Finance Authority<br> (OSF Healthcare System Obligated Group)<br>Series 2015-A<br>5.00%, 11/15/2027 | 1000 | 1003950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2028 | 1250 | 1255014 |
|  Illinois Housing Development Authority<br> (Circle Park Preservation)<br>Series 2024-H<br>4.00%, 01/01/2042 | 10000 | 9235147 |
|  Illinois Housing Development Authority<br> (FCR 2019-A)<br>Series 2019-A, Class 1<br>3.87%, 11/15/2035<sup>(b)</sup> | 23562 | 21229200 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Illinois Housing Development Authority<br> (FCR 2019-C)<br>Series 2019-C, Class 1<br>3.87%, 11/15/2035<sup>(b)</sup> | $5560 | $5009551 |
|  Illinois Housing Development Authority<br> (FCR 2019-D)<br>Series 2019-D, Class 1<br>3.87%, 11/01/2051<sup>(b)</sup> | 5077 | 4574239 |
|  Illinois Housing Development Authority<br> (FCR 2019-E)<br>Series 2019-E, Class 1<br>3.87%, 11/15/2035<sup>(b)</sup> | 3319 | 2990122 |
|  Illinois Municipal Electric Agency<br> (Illinois Municipal Electric Agency)<br>Series 2015-A<br>5.00%, 02/01/2027 | 16370 | 16389084 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2028 | 13565 | 13579905 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2029 | 12885 | 12898064 |
|  Illinois State Toll Highway Authority<br> (Illinois State Toll Highway Authority) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009<br>6.184%, 01/01/2034 | 2669 | 2858204 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-A<br>5.00%, 01/01/2041 | 27195 | 28176013 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>5.00%, 01/01/2037 | 4380 | 4761449 |
|  Metropolitan Water Reclamation District of Greater Chicago<br> (Metropolitan Water Reclamation District of Greater Chicago)<br>Series 2007-B<br>5.25%, 12/01/2035 | 4835 | 5586160 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009<br>5.72%, 12/01/2038 | 2000 | 2067308 |
|  State of Illinois<br> (State of Illinois)<br>Series 2016<br>5.00%, 02/01/2029 | 1100 | 1126609 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-D<br>5.00%, 11/01/2028 | 1675 | 1734797 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-B<br>4.00%, 11/01/2033 | 9000 | 8974601 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020<br>5.50%, 05/01/2039 | 1500 | 1571215 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-B<br>5.25%, 10/01/2037 | 4000 | 4244325 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 02/01/2038 | 9000 | 9463101 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-B<br>5.00%, 05/01/2039 | 2250 | 2334878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2040 | 1765 | 1817259 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2041 | 7530 | 7678861 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/01/2042 | 8500 | 8784953 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254281569 |

---

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---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **Indiana – 0.9%** | **Indiana – 0.9%** | **Indiana – 0.9%** |
|  City of Fort Wayne IN<br> (Do Good Foods Fort Wayne Obligated Group)<br>10.75%, 12/01/2029<sup>(c) (e)</sup> | $159 | $16 |
|  City of Whiting IN<br> (BP PLC)<br>Series 2023<br>4.40%, 11/01/2045 | 14460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14685988 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>4.20%, 06/01/2044 | 1820 | 1817341 |
|  Indiana Finance Authority<br> (CWA Authority, Inc.)<br>Series 2024<br>5.00%, 10/01/2028 | 1175 | 1259634 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2029 | 1425 | 1554312 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2030 | 1000 | 1104535 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2032 | 1715 | 1924237 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2034 | 800 | 908326 |
|  Indiana Finance Authority<br> (Good Samaritan Hospital Obligated Group)<br>Series 2022<br>5.00%, 04/01/2026 | 790 | 794244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2027 | 830 | 849674 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2028 | 875 | 905814 |
|  Indiana Finance Authority<br> (Indiana University Health Obligated Group)<br>Series 2015<br>4.00%, 12/01/2040 | 11690 | 10966624 |
|  Indiana Finance Authority<br> (Ohio Valley Electric)<br>Series 2021-B<br>2.50%, 11/01/2030 | 1895 | 1774472 |
|  Indiana Finance Authority<br> (SFP-PUFW I LLC)<br>Series 2024<br>4.25%, 07/01/2044 | 1700 | 1510229 |
|  |  | 40055446 |
|  **Iowa – 0.1%** | **Iowa – 0.1%** | **Iowa – 0.1%** |
|  Iowa Finance Authority<br> (Prerefunded - US Treasuries)<br>Series 2022<br>4.00%, 12/01/2050 | 5450 | 5814897 |
|  **Kansas – 0.1%** | **Kansas – 0.1%** | **Kansas – 0.1%** |
|  City of Colby KS <br>(Citizens Medical Center)<br>Series 2024<br>5.50%, 07/01/2026 | 2000 | 2004685 |
|  City of Overland Park KS Sales Tax Revenue<br> (City of Overland Park KS Sales Tax Revenue)<br>Series 2022<br>6.00%, 11/15/2034<sup>(b)</sup> | 165 | 172226 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.50%, 11/15/2042<sup>(b)</sup> | 1610 | 1672557 |
|  |  | 3849468 |
|  **Kentucky – 1.7%** | **Kentucky – 1.7%** | **Kentucky – 1.7%** |
|  County of Carroll KY<br> (Kentucky Utilities Co.)<br>Series 2019<br>1.75%, 10/01/2034 | 3835 | 3718394 |

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Kenton County Airport Board<br> (Kenton County Airport Board)<br>Series 2024-A<br>5.25%, 01/01/2040 | $| 2910 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3029861 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/01/2042 |  | 2860 |  | 2929827 |
|  Kentucky Economic Development Finance Authority<br> (Baptist Healthcare System Obligated Group)<br>Series 2017-B<br>5.00%, 08/15/2029 |  | 1000 |  | 1033857 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2041 |  | 1260 |  | 1265258 |
|  Kentucky Economic Development Finance Authority<br> (Owensboro Health Obligated Group)<br>Series 2017-A<br>5.00%, 06/01/2028 |  | 8780 |  | 8963483 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2030 |  | 5870 |  | 5978901 |
|  Kentucky Public Energy Authority<br> (BP PLC)<br>Series 2024-B<br>5.00%, 01/01/2055 |  | 20065 |  | 21199589 |
|  Kentucky Public Energy Authority<br> (Morgan Stanley)<br>Series 2023-A<br>4.901% (SOFR + 1.98%), 04/01/2054<sup>(a)</sup> |  | 20000 |  | 20000000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 04/01/2054 |  | 5280 |  | 5641124 |
|  Kentucky Turnpike Authority<br> (Kentucky Turnpike Authority)<br>Series 2016-A<br>5.00%, 07/01/2025 |  | 2515 |  | 2515000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2027 |  | 5075 |  | 5165759 |
|  |  |  |  | 81441053 |
|  **Louisiana – 1.3%** | **Louisiana – 1.3%** | **Louisiana – 1.3%** | **Louisiana – 1.3%** | **Louisiana – 1.3%** |
|  City of New Orleans LA Water System Revenue<br> (City of New Orleans LA Water System Revenue)<br>AG Series 2021<br>2.889%, 12/01/2041 |  | 2000 |  | 1473442 |
|  Consolidated Govt of the City of Baton Rouge & Parish of E Baton Rouge Sales Tax<br> (Consolidated Govt of the City of Baton Rouge & Parish of E Baton Rouge Sales Tax)<br>Series 2015<br>5.00%, 08/01/2027 |  | 6450 |  | 6460210 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2028 |  | 2535 |  | 2538776 |
|  Louisiana Local Government Environmental Facilities & Community Development Auth<br> (LCDA 2023-ELL)<br>Series 2023-ELL, Class A1<br>5.081%, 06/01/2031 |  | 5533 |  | 5610933 |
|  Louisiana Public Facilities Authority<br> (Acadiana Renaissance Charter Academy)<br>Series 2025<br>5.00%, 06/15/2035<sup>(b)</sup> |  | 1000 |  | 1005855 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 06/15/2045<sup>(b)</sup> |  | 1000 |  | 1004354 |

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Louisiana Public Facilities Authority<br> (ElementUS Minerals LLC)<br>Series 2023<br>5.00%, 10/01/2043<sup>(b)</sup> | $| 22000 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22064968 |
|  New Orleans Aviation Board<br> (New Orleans Aviation Board)<br>Series 2024<br>5.00%, 01/01/2034 |  | 1835 |  | 1965766 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2039 |  | 1340 |  | 1380013 |
|  Parish of St. James LA<br> (NuStar Logistics LP)<br>Series 2020<br>6.10%, 06/01/2038<sup>(b)</sup> |  | 3030 |  | 3226890 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 12/01/2040<sup>(b)</sup> |  | 2595 |  | 2763550 |
|  Parish of St. John the Baptist LA<br> (Marathon Oil Corp.)<br>Series 2024<br>3.30%, 06/01/2037 |  | 1700 |  | 1696211 |
|  State of Louisiana Gasoline & Fuels Tax Revenue<br> (State of Louisiana Gasoline & Fuels Tax Revenue)<br>Series 2022-A<br>3.573% (SOFR + 0.50%), 05/01/2043<sup>(a)</sup> |  | 10095 |  | 10077940 |
|  |  |  |  | 61268908 |
|  **Maine – 0.0%** | **Maine – 0.0%** | **Maine – 0.0%** | **Maine – 0.0%** | **Maine – 0.0%** |
|  Maine Municipal Bond Bank<br> (Maine Municipal Bond Bank)<br>Series 2014-A<br>5.00%, 09/01/2025 |  | 1000 |  | 1001383 |
|  **Maryland – 1.0%** | **Maryland – 1.0%** | **Maryland – 1.0%** | **Maryland – 1.0%** | **Maryland – 1.0%** |
|  County of Frederick MD<br> (Prerefunded - US Treasuries)<br>Series 2019-A<br>5.00%, 08/01/2027 |  | 165 |  | 172561 |
|  Maryland Economic Development Corp.<br> (Purple Line Transit Partners)<br>Series 2022<br>5.00%, 11/12/2028 |  | 10000 |  | 10100178 |
|  Maryland Health & Higher Educational Facilities Authority<br> (UPMC Obligated Group)<br>Series 2020-B<br>5.00%, 04/15/2031 |  | 1365 |  | 1465074 |
|  Maryland Stadium Authority<br> (State of Maryland Built to Learn Revenue State Lease)<br>Series 2024<br>5.00%, 06/01/2038 |  | 3000 |  | 3254880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2041 |  | 2465 |  | 2605975 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2042 |  | 2335 |  | 2439881 |
|  Maryland Stadium Authority Sports Entertainment Facilities Revenue<br> (Maryland Stadium Authority Sports Entertainment Facilities Revenue State Lease)<br>Series 2025<br>5.00%, 06/15/2035 |  | 3600 |  | 4040448 |

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  State of Maryland<br> (State of Maryland)<br>Series 2017-B<br>5.00%, 08/01/2025 | $| 16380 | $| 16406934 |
|  State of Maryland Department of Transportation<br> (Baltimore/Washington Intl Thurgood Marshall Airport)<br>Series 2021<br>5.00%, 08/01/2029 |  | 700 |  | 744182 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2036 |  | 1000 |  | 1039609 |
|  State of Maryland Department of Transportation<br> (State of Maryland Dept. of Transportation)<br>Series 2017<br>5.00%, 09/01/2025 |  | 6550 |  | 6572652 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48842374 |
|  **Massachusetts – 1.6%** | **Massachusetts – 1.6%** | **Massachusetts – 1.6%** | **Massachusetts – 1.6%** | **Massachusetts – 1.6%** |
|  City of Quincy MA<br> (City of Quincy MA)<br>Series 2024<br>5.00%, 07/25/2025 |  | 3000 |  | 3003223 |
|  Commonwealth of Massachusetts<br> (Commonwealth of Massachusetts)<br>Series 2017-D<br>5.00%, 02/01/2036 |  | 4435 |  | 4525691 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-B<br>4.11%, 07/15/2031 |  | 2396 |  | 2390330 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>5.00%, 01/01/2040 |  | 5000 |  | 5366747 |
|  Massachusetts Bay Transportation Authority Sales Tax Revenue<br> (Massachusetts Bay Transportation Authority Sales Tax Revenue)<br>Series 2024-A<br>5.00%, 07/01/2043 |  | 2000 |  | 2101407 |
|  Massachusetts Development Finance Agency<br> (Beth Israel Lahey Health Obligated Group)<br>Series 2016-I<br>5.00%, 07/01/2034 |  | 1935 |  | 1950662 |
|  Massachusetts Development Finance Agency<br> (Boston Medical Center Obligated Group)<br>Series 2016-E<br>5.00%, 07/01/2025 |  | 1750 |  | 1750000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.00%, 07/01/2026 |  | 1000 |  | 1018570 |
|  Massachusetts Development Finance Agency<br> (Lifespan Obligated Group)<br>Series 2025<br>5.25%, 08/15/2045 |  | 1000 |  | 1015339 |
|  Massachusetts Development Finance Agency<br> (Mass General Brigham)<br>Series 2017-S1<br>5.00%, 07/01/2025 |  | 7565 |  | 7565000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2029 |  | 9000 |  | 9405478 |
|  Massachusetts Development Finance Agency<br> (President & Fellows of Harvard College)<br>Series 2020-A<br>5.00%, 10/15/2025 |  | 5000 |  | 5027776 |

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Massachusetts Development Finance Agency<br> (Trustees of Boston College)<br>Series 2020-U<br>5.00%, 07/01/2028 | $| 950 | $| 1014778 |
|  Massachusetts Development Finance Agency<br> (Tufts Medicine Obligated Group)<br>Series 2019-A<br>5.00%, 07/01/2028 |  | 1425 |  | 1465004 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2030 |  | 2100 |  | 2155707 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2032 |  | 2000 |  | 2042171 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2033 |  | 2000 |  | 2035325 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2020-C<br>5.00%, 10/01/2026 |  | 325 |  | 332785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2027 |  | 440 |  | 459757 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2028 |  | 500 |  | 531078 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2029 |  | 295 |  | 317619 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2030 |  | 315 |  | 342832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2031 |  | 375 |  | 406281 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2032 |  | 245 |  | 263572 |
|  Massachusetts School Building Authority<br> (Massachusetts School Building Authority Sales Tax)<br>Series 2015-C<br>5.00%, 08/15/2027 |  | 5000 |  | 5005862 |
|  Massachusetts Water Resources Authority<br> (Massachusetts Water Resources Authority)<br>AG Series 2007-B<br>5.25%, 08/01/2025 |  | 12510 |  | 12533670 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74026664 |
|  **Michigan – 2.9%** | **Michigan – 2.9%** | **Michigan – 2.9%** | **Michigan – 2.9%** | **Michigan – 2.9%** |
|  City of Detroit MI Sewage Disposal System Revenue<br> (Great Lakes Water Authority Sewage Disposal System Revenue)<br>AG Series 2006-D<br>3.655% (CME Term SOFR 3 Month + 0.60%), 07/01/2032<sup>(a)</sup> |  | 14000 |  | 13810187 |
|  Detroit Downtown Development Authority<br> (Detroit Downtown Development Authority Catalyst Development Area)<br>Series 2024<br>5.00%, 07/01/2048 |  | 3295 |  | 3319828 |
|  Great Lakes Water Authority Water Supply System Revenue<br> (Great Lakes Water Authority Water Supply System Revenue)<br>Series 2024-A<br>5.00%, 07/01/2035 |  | 2100 |  | 2344926 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 07/01/2035 |  | 2365 |  | 2658178 |
|  Michigan Finance Authority<br> (Bronson Health Care Group Obligated Group)<br>Series 2020<br>5.00%, 05/15/2036 |  | 48585 |  | 48940987 |
|  Michigan Finance Authority<br> (Michigan Finance Authority Tobacco Settlement Revenue)<br>Series 2020-A<br>3.267%, 06/01/2039 |  | 4340 |  | 4052792 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2035 |  | 1000 |  | 971556 |

---

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---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2036 | $| 1000 | $| 962714 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2037 |  | 1000 |  | 950886 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2038 |  | 1000 |  | 938219 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2039 |  | 2000 |  | 1852011 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2026 |  | 1290 |  | 1304575 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2028 |  | 1000 |  | 1033344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2029 |  | 2000 |  | 2082769 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2031 |  | 745 |  | 781227 |
|  Michigan Finance Authority<br> (Public Lighting Authority)<br>Series 2014<br>5.00%, 07/01/2030 |  | 1600 |  | 1602242 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-B<br>5.00%, 07/01/2027 |  | 4990 |  | 4997912 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2031 |  | 2460 |  | 2463303 |
|  Michigan Finance Authority<br> (Trinity Health Corp.)<br>Series 2015<br>5.00%, 12/01/2025 |  | 3000 |  | 3007503 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 12/01/2026 |  | 4500 |  | 4513757 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 12/01/2027 |  | 2720 |  | 2732632 |
|  Michigan State Hospital Finance Authority<br> (Ascension Health Credit Group)<br>Series 2019<br>5.00%, 11/01/2025 |  | 2315 |  | 2329295 |
|  Michigan Strategic Fund<br> (Michigan Strategic Fund - I 75 Improvement Project)<br>Series 2018<br>5.00%, 12/31/2025 |  | 2200 |  | 2211377 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/30/2026 |  | 2400 |  | 2428860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2026 |  | 5770 |  | 5876953 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/30/2027 |  | 7635 |  | 7839726 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2027 |  | 5770 |  | 5932156 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/30/2028 |  | 4645 |  | 4796988 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136736903 |
|  **Minnesota – 0.3%** | **Minnesota – 0.3%** | **Minnesota – 0.3%** | **Minnesota – 0.3%** | **Minnesota – 0.3%** |
|  City of St. Cloud MN<br> (CentraCare Health System Obligated Group)<br>Series 2024<br>5.00%, 05/01/2042 |  | 3250 |  | 3321026 |
|  Minneapolis-St. Paul Metropolitan Airports Commission<br> (Minneapolis-St Paul Metropolitan Airports Commission)<br>Series 2024<br>5.00%, 01/01/2041 |  | 3250 |  | 3307845 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 01/01/2044 |  | 2000 |  | 2049182 |
|  Minnesota Municipal Gas Agency<br> (Royal Bank of Canada)<br>Series 2022-A<br>4.00%, 12/01/2052 |  | 5425 |  | 5481742 |

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Western Minnesota Municipal Power Agency<br> (Western Minnesota Municipal Power Agency)<br>Series 2019-A<br>3.156%, 01/01/2039 | $| 1000 | $| 832914 |
|  |  |  |  | 14992709 |
|  **Mississippi – 0.2%** | **Mississippi – 0.2%** | **Mississippi – 0.2%** | **Mississippi – 0.2%** | **Mississippi – 0.2%** |
|  City of Gulfport MS<br> (Memorial Hospital at Gulfport Obligated Group)<br>Series 2025<br>5.00%, 07/01/2033 |  | 1630 |  | 1764075 |
|  State of Mississippi<br> (Prerefunded - US Treasuries)<br>Series 2015-A<br>4.00%, 10/01/2031 |  | 5525 |  | 5539194 |
|  |  |  |  | 7303269 |
|  **Missouri – 0.4%** | **Missouri – 0.4%** | **Missouri – 0.4%** | **Missouri – 0.4%** | **Missouri – 0.4%** |
|  Cape Girardeau County Industrial Development Authority<br> (Mercy Health/MO)<br>Series 2017-A<br>5.00%, 03/01/2028 |  | 1375 |  | 1415569 |
|  City of Kansas City MO<br> (City of Kansas City MO Lease)<br>Series 2022<br>5.00%, 09/01/2037 |  | 4000 |  | 4292798 |
|  Health & Educational Facilities Authority of the State of Missouri<br> (BJC Healthcare Obligated Group)<br>Series 2021-A<br>4.00%, 07/01/2039 |  | 5000 |  | 4826063 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-C<br>5.00%, 05/01/2052 |  | 2320 |  | 2443264 |
|  Howard Bend Levee District<br> (Howard Bend Levee District)<br>XLCA Series 2005<br>5.75%, 03/01/2027 |  | 775 |  | 802662 |
|  Metropolitan St. Louis Sewer District<br> (Metropolitan St. Louis Sewer District)<br>Series 2022-A<br>5.00%, 05/01/2038 |  | 1710 |  | 1829030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2039 |  | 3100 |  | 3293270 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18902656 |
|  **Montana – 0.3%** | **Montana – 0.3%** | **Montana – 0.3%** | **Montana – 0.3%** | **Montana – 0.3%** |
|  Montana Facility Finance Authority<br> (Benefis Health System Obligated Group)<br>Series 2016<br>5.00%, 02/15/2026 |  | 3190 |  | 3217026 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/15/2027 |  | 6950 |  | 7151836 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/15/2028 |  | 2375 |  | 2442065 |
|  |  |  |  | 12810927 |
|  **Nebraska – 0.4%** | **Nebraska – 0.4%** | **Nebraska – 0.4%** | **Nebraska – 0.4%** | **Nebraska – 0.4%** |
|  Central Plains Energy Project<br> (Bank of Montreal)<br>Series 2023-A<br>5.00%, 05/01/2054 |  | 5000 |  | 5255533 |

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Central Plains Energy Project<br> (Goldman Sachs Group)<br>Series 2022-1<br>5.00%, 05/01/2053 | $| 10000 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10442827 |
|  Central Plains Energy Project<br> (Royal Bank of Canada)<br>Series 2025-A<br>5.00%, 08/01/2055 |  | 3005 |  | 3180629 |
|  |  |  |  | 18878989 |
|  **Nevada – 0.3%** | **Nevada – 0.3%** | **Nevada – 0.3%** | **Nevada – 0.3%** | **Nevada – 0.3%** |
|  City of Las Vegas NV<br> (City of Las Vegas NV)<br>Series 2015-C<br>5.00%, 09/01/2026 |  | 2930 |  | 2971556 |
|  County of Clark NV<br> (Regional Transportation Commission of Southern Nevada Motor Fuel Tax Revenue)<br>Series 2024<br>4.00%, 07/01/2041 |  | 4640 |  | 4333882 |
|  Las Vegas Valley Water District<br> (Las Vegas Valley Water District)<br>Series 2016-B<br>5.00%, 06/01/2028 |  | 4590 |  | 4675601 |
|  Reno-Tahoe Airport Authority<br> (Reno-Tahoe Airport Authority)<br>Series 2024<br>5.00%, 07/01/2035 |  | 1175 |  | 1241521 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2038 |  | 1430 |  | 1531996 |
|  |  |  |  | 14754556 |
|  **New Hampshire – 1.7%** | **New Hampshire – 1.7%** | **New Hampshire – 1.7%** | **New Hampshire – 1.7%** | **New Hampshire – 1.7%** |
|  National Finance Authority<br> (NFA 2024-3)<br>Series 2024-3, Class A<br>4.163%, 10/20/2051 |  | 6962 |  | 6454501 |
|  New Hampshire Business Finance Authority<br> (ARC70 II TRUST)<br>Series 2024<br>4.15%, 10/20/2040 |  | 2000 |  | 1932355 |
|  New Hampshire Business Finance Authority<br> (Brazoria-Fort Bend County Municipal Utility District No. 3)<br>Series 2024<br>4.875%, 12/01/2033<sup>(b)</sup> |  | 678 |  | 673438 |
|  New Hampshire Business Finance Authority<br> (Bridgeland Water & Utility Districts 490, 491 & 158)<br>Series 2024<br>5.375%, 12/15/2035<sup>(b)</sup> |  | 6877 |  | 6865007 |
|  New Hampshire Business Finance Authority<br> (Collin County Municipal Utility District No. 4)<br>Series 2025<br>5.50%, 12/01/2030<sup>(b)</sup> |  | 1000 |  | 1007975 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  New Hampshire Business Finance Authority<br> (Emberly & Canterra Creek Projects)<br>Series 2024<br>5.375%, 12/01/2031<sup>(b)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;956 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;952254 |
|  New Hampshire Business Finance Authority<br> (Lakes Fresh Water Supply District of Denton County)<br>Series 2024<br>5.00%, 12/01/2028<sup>(b)</sup> | 1000 | 1000260 |
|  New Hampshire Business Finance Authority<br> (New Hampshire Business Finance Authority)<br>Series 2025<br>4.75%, 06/20/2041 | 1185 | 1189558 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>Zero Coupon, 02/01/2035<sup>(b)</sup> | 2325 | 1268874 |
|  New Hampshire Business Finance Authority<br> (NFA 2020-1)<br>Series 2020-1, Class A<br>4.125%, 01/20/2034 | 8730 | 8631695 |
|  New Hampshire Business Finance Authority<br> (NFA 2022-1)<br>Series 2022-1, Class A<br>4.375%, 09/20/2036 | 24015 | 23254208 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-1, Class X<br>0.35%, 09/20/2036<sup>(f)</sup> | 19235 | 378502 |
|  New Hampshire Business Finance Authority<br> (NFA 2022-2)<br>Series 2022-2, Class A<br>4.00%, 10/20/2036 | 9632 | 9069302 |
|  New Hampshire Business Finance Authority<br> (NFA 2024-1)<br>Series 2024-1, Class A<br>4.25%, 07/01/2051 | 5555 | 5298762 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-1, Class X<br>0.547%, 07/01/2051<sup>(f)</sup> | 7190 | 264063 |
|  New Hampshire Business Finance Authority<br> (NFA 2024-2)<br>Series 2024-2, Class A<br>3.625%, 08/20/2039 | 4966 | 4544066 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-2, Class X<br>0.595%, 08/20/2039<sup>(f)</sup> | 4966 | 197077 |
|  New Hampshire Business Finance Authority<br> (NFA 2025-1)<br>Series 2025<br>5.75%, 04/28/2042 | 1080 | 1090366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 12/15/2033<sup>(b)</sup> | 3315 | 3325849 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-1, Class A1<br>4.168%, 01/20/2041 | 998 | 947484 |
|  New Hampshire Business Finance Authority<br> (Reworld Holding Corp.)<br>Series 2018-A<br>4.00%, 11/01/2027<sup>(b)</sup> | 2250 | 2248607 |
|  New Hampshire Business Finance Authority<br> (Tamarron Project)<br>Series 2024<br>5.25%, 12/01/2035<sup>(b)</sup> | 828 | 827254 |
|  |  | 81421457 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **New Jersey – 5.3%** | **New Jersey – 5.3%** | **New Jersey – 5.3%** |
|  New Jersey Economic Development Authority<br> (DRP Urban Renewal 4 LLC)<br>Series 2025<br>6.375%, 01/01/2035<sup>(b)</sup> | $1300 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1324363 |
|  New Jersey Economic Development Authority<br> (New Jersey Economic Development Authority State Lease)<br>Series 2019<br>5.25%, 04/01/2026<sup>(h)</sup> | 5930 | 6016065 |
|  New Jersey Economic Development Authority<br> (New Jersey-American Water)<br>Series 2023<br>3.75%, 11/01/2034 | 7755 | 7752384 |
|  New Jersey Economic Development Authority<br> (NYNJ Link Borrower LLC)<br>Series 2013<br>5.50%, 01/01/2026 | 500 | 500650 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 01/01/2027 | 1000 | 1001503 |
|  New Jersey Economic Development Authority<br> (Port Newark Container Terminal)<br>Series 2017<br>5.00%, 10/01/2025 | 2750 | 2754653 |
|  New Jersey Economic Development Authority<br> (Rutgers The State University of New Jersey)<br>Series 2013<br>5.00%, 06/15/2026 | 3500 | 3505874 |
|  New Jersey Economic Development Authority<br> (State of New Jersey Lease)<br>Series 2024-S<br>5.00%, 06/15/2027 | 3000 | 3126318 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/2033 | 2065 | 2275343 |
|  New Jersey Economic Development Authority<br> (United Airlines, Inc.)<br>Series 2012<br>5.25%, 09/15/2029 | 3360 | 3361138 |
|  New Jersey Transportation Trust Fund Authority<br> (New Jersey Transportation Fed Hwy Grant)<br>Series 2016<br>5.00%, 06/15/2027 | 12830 | 13068249 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/2028 | 975 | 992078 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-A<br>5.00%, 06/15/2029 | 3050 | 3101126 |
|  New Jersey Transportation Trust Fund Authority<br> (New Jersey Transportation Trust Fund Authority State Lease)<br>Series 2019-B<br>5.00%, 06/15/2033 | 3885 | 4063969 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2006-C<br>Zero Coupon, 12/15/2033 | 6600 | 4871589 |
|  New Jersey Transportation Trust Fund Authority<br> (Prerefunded - US Treasuries)<br>Series 2019<br>5.00%, 06/15/2029 | 1525 | 1644007 |
|  New Jersey Transportation Trust Fund Authority<br> (State of New Jersey Lease)<br>Series 2018-A<br>5.00%, 12/15/2027 | 8605 | 9041418 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/15/2029 | $| 38555 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41071870 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/15/2030 |  | 5885 |  | 6238571 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/15/2032 |  | 5230 |  | 5486139 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/15/2033 |  | 7230 |  | 7540238 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-B<br>5.00%, 06/15/2041 |  | 9685 |  | 10021667 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/2042 |  | 2915 |  | 2995386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/2043 |  | 1505 |  | 1539172 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>4.00%, 06/15/2042 |  | 7570 |  | 6936773 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/2037 |  | 8000 |  | 8605185 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/2042 |  | 3550 |  | 3657186 |
|  New Jersey Turnpike Authority<br> (New Jersey Turnpike Authority)<br>Series 2014-A<br>5.00%, 01/01/2027 |  | 1800 |  | 1803296 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-B<br>5.00%, 01/01/2029 |  | 10000 |  | 10519802 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>5.00%, 01/01/2032 |  | 11235 |  | 12537096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2033 |  | 2000 |  | 2246262 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2034 |  | 2100 |  | 2367270 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-C<br>5.00%, 01/01/2043 |  | 7500 |  | 7829756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2044 |  | 2500 |  | 2598452 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 01/01/2045 |  | 5500 |  | 5736892 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-C<br>5.00%, 01/01/2031<sup>(g)</sup> |  | 2000 |  | 2186290 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2005-D3<br>5.25%, 01/01/2026 |  | 13215 |  | 13364252 |
|  South Jersey Transportation Authority<br> (South Jersey Transportation Authority) BAM<br>Series 2022<br>5.00%, 11/01/2036 |  | 450 |  | 478738 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2037 |  | 400 |  | 422116 |
|  Tobacco Settlement Financing Corp./NJ<br> (Tobacco Settlement Financing Corp/NJ)<br>Series 2018-A<br>5.00%, 06/01/2026 |  | 3000 |  | 3031678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2027 |  | 4000 |  | 4090533 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2028 |  | 2140 |  | 2208847 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2035 |  | 2620 |  | 2663100 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-B<br>5.00%, 06/01/2046 |  | 9955 |  | 9590680 |
|  |  |  |  | 246167974 |
|  **New Mexico – 0.1%** | **New Mexico – 0.1%** | **New Mexico – 0.1%** | **New Mexico – 0.1%** | **New Mexico – 0.1%** |
|  New Mexico Municipal Energy Acquisition Authority<br> (Royal Bank of Canada)<br>Series 2025<br>5.00%, 06/01/2054 |  | 5000 |  | 5299287 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **New York – 10.0%** | **New York – 10.0%** | **New York – 10.0%** |
|  City of New York NY<br> (City of New York NY)<br>Series 2015-A<br>5.00%, 08/01/2025 | $6720 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6730842 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-E<br>5.00%, 08/01/2025 | 6100 | 6109842 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-A<br>5.00%, 08/01/2026 | 3130 | 3208256 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021<br>1.396%, 08/01/2027 | 18750 | 17741904 |
|  County of Nassau NY<br> (County of Nassau NY)<br>Series 2024-A<br>5.00%, 04/01/2042 | 8815 | 9315344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2044 | 4120 | 4305287 |
|  Dutchess County Local Development Corp.<br> (Bard College)<br>Series 2020-B<br>5.918%, 07/01/2039 | 4505 | 4395860 |
|  Hudson Yards Infrastructure Corp.<br> (Hudson Yards Infrastructure)<br>Series 2017-A<br>5.00%, 02/15/2036 | 6880 | 7028667 |
|  Metropolitan Transportation Authority<br> (Metropolitan Transportation Authority)<br>Series 2016-A<br>5.00%, 11/15/2028 | 20070 | 20583461 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017<br>5.00%, 11/15/2025 | 7190 | 7238428 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-C<br>5.00%, 11/15/2029 | 22370 | 23351291 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2030 | 13755 | 14324527 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2031 | 5505 | 5719322 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2033 | 8500 | 8772660 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.00%, 11/15/2044 | 4060 | 4115721 |
| &nbsp;&nbsp;&nbsp;&nbsp; BAM Series 2024-A<br>4.00%, 11/15/2048 | 6500 | 5592332 |
|  New York City Municipal Water Finance Authority<br> (New York City Municipal Water Finance Authority)<br>Series 2023<br>5.00%, 06/15/2034 | 10650 | 12139846 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/2035 | 2000 | 2236748 |
|  New York City Transitional Finance Authority<br> (New York City Transitional Finance Authority Future Tax Secured Revenue)<br>Series 2024<br>5.00%, 11/01/2037 | 7250 | 7931059 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2038 | 17000 | 18420675 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2039 | 3400 | 3642619 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.00%, 05/01/2044 | 3000 | 3115317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2045 | 4985 | 5153203 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-H<br>5.00%, 11/01/2043 | 1010 | 1053611 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2044 | 5140 | 5337577 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  New York City Transitional Finance Authority Building Aid Revenue<br> (New York City Transitional Finance Authority Building Aid Revenue State Lease)<br>Series 2017-S<br>5.00%, 07/15/2036 | $10245 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10530930 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-S<br>5.00%, 07/15/2031 | 18035 | 18996614 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/15/2032 | 15945 | 16739190 |
|  New York City Transitional Finance Authority Future Tax Secured Revenue<br> (New York City Transitional Finance Authority Future Tax Secured Revenue)<br>Series 2017-A<br>5.00%, 08/01/2033 | 4860 | 5031269 |
|  New York Liberty Development Corp.<br> (3 World Trade Center LLC)<br>Series 2014<br>5.375%, 11/15/2040<sup>(b)</sup> | 400 | 399984 |
|  New York Liberty Development Corp.<br> (One Bryant Park LLC)<br>Series 2019<br>2.45%, 09/15/2069 | 4250 | 3928616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.80%, 09/15/2069 | 11555 | 10535212 |
|  New York State Dormitory Authority<br> (New York State Sales Tax)<br>Series 2017-A<br>5.00%, 03/15/2039 | 14705 | 14878820 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-C<br>5.00%, 03/15/2040 | 6990 | 7123910 |
|  New York State Dormitory Authority<br> (State of New York Pers Income Tax)<br>Series 2019-A<br>5.00%, 03/15/2036 | 10000 | 10433307 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-A 4.00%, 03/15/2039 | 1825 | 1773090 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-E 4.00%, 03/15/2037 | 19200 | 19070147 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-A 4.00%, 03/15/2039 | 3500 | 3397934 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A 5.00%, 03/15/2042 | 5000 | 5228169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/15/2046 | 2840 | 2909773 |
|  New York Transportation Development Corp.<br> (Delta Air Lines, Inc.)<br>Series 2018<br>5.00%, 01/01/2028 | 22110 | 22649199 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2029 | 27145 | 27783013 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.625%, 04/01/2040 | 7000 | 7194232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 04/01/2035 | 5000 | 5438768 |
|  New York Transportation Development Corp.<br> (JFK Intl Air Terminal)<br>Series 2022<br>5.00%, 12/01/2040 | 7015 | 7055448 |
|  New York Transportation Development Corp.<br> (Laguardia Gateway Partners)<br>Series 2016-A<br>5.00%, 07/01/2046 | 2095 | 2028312 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Port Authority of New York & New Jersey<br> (Port Authority of New York & New Jersey)<br>Series 2018-2<br>5.00%, 09/15/2026 | $| 4000 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4084180 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019<br>4.00%, 11/01/2037 |  | 2915 |  | 2814566 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-2<br>4.00%, 07/15/2037 |  | 2980 |  | 2946052 |
|  Suffolk Regional Off-Track Betting Corp.<br> (Suffolk Regional Off-Track Betting)<br>Series 2024<br>5.00%, 12/01/2034 |  | 1000 |  | 1036294 |
|  Suffolk Tobacco Asset Securitization Corp.<br> (Suffolk Tobacco Asset Securitization)<br>Series 2021<br>5.00%, 06/01/2027 |  | 1045 |  | 1072347 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2029 |  | 2080 |  | 2178417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2033 |  | 2395 |  | 2517898 |
|  Triborough Bridge & Tunnel Authority<br> (Metropolitan Transportation Authority Payroll Mobility Tax Revenue)<br>Series 2021-A<br>2.411%, 05/15/2034 |  | 14725 |  | 12391859 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.591%, 05/15/2036 |  | 2000 |  | 1630295 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>3.998% (SOFR + 1.05%), 04/01/2026<sup>(a)</sup> |  | 14000 |  | 13999763 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.00%, 11/15/2041 |  | 4025 |  | 4249794 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 11/15/2033 |  | 5000 |  | 5677268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2035 |  | 2000 |  | 2256255 |
|  Triborough Bridge & Tunnel Authority<br> (Triborough Bridge & Tunnel Authority)<br>Series 2025-A<br>5.00%, 03/01/2028 |  | 2500 |  | 2640686 |
|  |  |  |  | 470186010 |
|  **North Carolina – 0.5%** | **North Carolina – 0.5%** | **North Carolina – 0.5%** | **North Carolina – 0.5%** | **North Carolina – 0.5%** |
|  Cumberland County Industrial Facilities & Pollution Control Financing Authority<br> (American Titanium Metal)<br>Series 2024<br>3.75%, 12/01/2027 |  | 5390 |  | 5392081 |
|  Greater Asheville Regional Airport Authority<br> (Greater Asheville Regional Airport Authority) AG<br>Series 2022-A<br>5.00%, 07/01/2035 |  | 1740 |  | 1830473 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2036 |  | 1500 |  | 1566286 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2037 |  | 1250 |  | 1295765 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2038 |  | 1200 |  | 1258196 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2039 |  | 1300 |  | 1354215 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2040 |  | 3220 |  | 3332830 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2042 |  | 1140 |  | 1161010 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2023<br>5.00%, 07/01/2036 |  | 650 |  | 682178 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2037 |  | 1400 |  | 1457389 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2038 |  | 420 |  | 432940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2041 |  | 1000 |  | 1030734 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2042 |  | 1000 |  | 1023240 |
|  |  |  |  | 21817337 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **North Dakota – 0.1%** | **North Dakota – 0.1%** | **North Dakota – 0.1%** |
|  County of Ward ND<br> (Trinity Health Obligated Group)<br>Series 2017-C<br>5.00%, 06/01/2028 | $2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2021787 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2030 | 3000 | 3018316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2031 | 1665 | 1672074 |
|  |  | 6712177 |
|  **Ohio – 1.8%** | **Ohio – 1.8%** | **Ohio – 1.8%** |
|  Buckeye Tobacco Settlement Financing Authority<br> (Buckeye Tobacco Settlement Financing Authority)<br>Series 2020-A<br>4.00%, 06/01/2037 | 2000 | 1901105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2038 | 1000 | 935396 |
|  Columbus Regional Airport Authority<br> (Columbus Regional Airport Authority)<br>Series 2025<br>5.25%, 01/01/2045 | 3205 | 3276837 |
|  County of Allen OH Hospital Facilities Revenue<br> (Bon Secours Mercy Health)<br>Series 2017-A<br>5.00%, 08/01/2026 | 2700 | 2757278 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2027 | 8465 | 8827494 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2028 | 1955 | 2054258 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2042 | 3055 | 3059450 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020<br>5.00%, 12/01/2028 | 5400 | 5753887 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2029 | 1565 | 1687996 |
|  County of Cuyahoga OH<br> (MetroHealth System/The)<br>Series 2017<br>5.00%, 02/15/2026 | 2745 | 2765891 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/15/2027 | 2710 | 2775727 |
|  County of Franklin OH<br> (Nationwide Children's Hospital)<br>Series 2017-A<br>5.00%, 11/01/2031 | 1000 | 1040679 |
|  County of Hamilton OH<br> (Christ Hospital Obligated Group)<br>Series 2023<br>5.00%, 06/01/2042 | 4045 | 4028503 |
|  County of Washington OH<br> (Marietta Area Health Care Obligated Group)<br>Series 2022<br>5.50%, 12/01/2027 | 440 | 444493 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 12/01/2037 | 5000 | 5262915 |
|  Lancaster Port Authority<br> (Royal Bank of Canada)<br>Series 2024-A<br>5.00%, 02/01/2055 | 1000 | 1057326 |
|  Ohio Air Quality Development Authority<br> (American Electric Power)<br>Series 2024<br>3.70%, 04/01/2028 | 10400 | 10331883 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.70%, 07/01/2028 | 1750 | 1736436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 01/01/2029 | 6000 | 5946161 |

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Ohio Higher Educational Facility Commission<br> (John Carroll University)<br>Series 2025<br>5.00%, 10/01/2035 | $| 1195 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1236752 |
|  Ohio Higher Educational Facility Commission<br> (Oberlin College)<br>Series 2023<br>5.00%, 10/01/2028 |  | 1425 |  | 1509827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2037 |  | 1270 |  | 1369465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2038 |  | 1335 |  | 1426671 |
|  Port of Greater Cincinnati Development Authority<br> (Duke Energy Convention Center Project)<br>Series 2024<br>5.00%, 12/01/2029 |  | 1000 |  | 1078444 |
|  Reynoldsburg City School District<br> (Reynoldsburg City School District)<br>Series 2013<br>4.919%, 09/01/2030 |  | 3025 |  | 3099794 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014<br>4.939%, 09/01/2032 |  | 3335 |  | 3439125 |
|  State of Ohio<br> (Cleveland Clinic Health System Obligated Group)<br>Series 2024<br>5.00%, 01/01/2035 |  | 5000 |  | 5588593 |
|  |  |  |  | 84392386 |
|  **Oklahoma – 0.5%** | **Oklahoma – 0.5%** | **Oklahoma – 0.5%** | **Oklahoma – 0.5%** | **Oklahoma – 0.5%** |
|  Comanche County Memorial Hospital<br> (Comanche County Memorial Hospital)<br>Series 2015<br>5.00%, 07/01/2026 |  | 1235 |  | 1235103 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2028 |  | 1280 |  | 1280375 |
|  Oklahoma Development Finance Authority<br> (Oklahoma Development Finance Authority)<br>Series 2022<br>4.38%, 11/01/2045 |  | 4000 |  | 3772902 |
|  Oklahoma Development Finance Authority<br> (OU Medicine Obligated Group)<br>Series 2022-A<br>5.50%, 08/15/2037 |  | 4245 |  | 4358549 |
|  Oklahoma Turnpike Authority<br> (Oklahoma Turnpike Authority)<br>Series 2025-A<br>5.00%, 01/01/2045 |  | 3250 |  | 3374656 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-B<br>5.00%, 01/01/2032<sup>(g)</sup> |  | 2500 |  | 2730123 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2039<sup>(g)</sup> |  | 1055 |  | 1138223 |
|  Tulsa Municipal Airport Trust Trustees/OK<br> (American Airlines, Inc.)<br>Series 2025<br>6.25%, 12/01/2035 |  | 3225 |  | 3562130 |
|  |  |  |  | 21452061 |

---

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---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **Oregon – 0.5%** | **Oregon – 0.5%** | **Oregon – 0.5%** |
|  Medford Hospital Facilities Authority<br> (Asante Health System Obligated Group)<br>Series 2020-A<br>5.00%, 08/15/2030 | $&nbsp;&nbsp;&nbsp;&nbsp;415 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;452053 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2031 | 1245 | 1343028 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2033 | 1030 | 1100343 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2034 | 875 | 928707 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2035 | 755 | 795320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2036 | 1300 | 1360360 |
|  Port of Portland OR Airport Revenue<br> (Port of Portland OR Airport Revenue)<br>Series 2022-2<br>4.00%, 07/01/2040 | 7155 | 6710041 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.25%, 07/01/2041 | 4455 | 4615884 |
|  Salem Hospital Facility Authority<br> (Salem Health Obligated Group)<br>Series 2019<br>5.00%, 05/15/2038 | 2205 | 2249884 |
|  Tri-County Metropolitan Transportation District of Oregon<br> (Tri-County Metropolitan Transportation District of Oregon)<br>Series 2018-A<br>5.00%, 10/01/2028 | 2335 | 2457542 |
|  Umatilla County School District No. 6R Umatilla<br> (Umatilla County School District No. 6R Umatilla)<br>Series 2023-B<br>Zero Coupon, 06/15/2043 | 2000 | 813780 |
|  |  | 22826942 |
|  **Other – 0.4%** | **Other – 0.4%** | **Other – 0.4%** |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates<br> (FRETE 2024-ML22)<br>Series 2024-ML22, Class AUS<br>4.685%, 10/25/2040 | 992 | 1010550 |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates<br> (FRETE 2024-ML23)<br>Series 2024-ML23, Class AUS<br>4.70%, 04/25/2042<sup>(b)</sup> | 2095 | 2085341 |
|  Federal Home Loan Mortgage Corp. Multifamily VRD Certificates<br> (FHLM)<br>4.759%, 08/25/2041 | 9971 | 10037888 |
|  Federal Home Loan Mortgage Corp. Multifamily VRD Certificates<br> (FHLMC Multifamily VRD Certificates)<br>Series 2025-M<br>4.095%, 11/25/2042 | 6488 | 6432166 |
|  |  | 19565945 |
|  **Pennsylvania – 6.4%** | **Pennsylvania – 6.4%** | **Pennsylvania – 6.4%** |
|  Allegheny County Hospital Development Authority<br> (UPMC Obligated Group)<br>Series 2022<br>2.62% (RFUCCT1Y + 0.70%), 11/15/2047<sup>(a)</sup> | 10000 | 9886380 |

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---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Bucks County Industrial Development Authority<br> (Grand View Hospital/Sellersville PA Obligated Group)<br>Series 2021<br>5.00%, 07/01/2040 | $2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2012350 |
|  Chester County Industrial Development Authority<br> (Collegium Charter School)<br>Series 2022<br>5.00%, 10/15/2032<sup>(b)</sup> | 870 | 874666 |
|  City of Philadelphia PA<br> (City of Philadelphia PA)<br>Series 2017-A<br>5.00%, 08/01/2028 | 12310 | 12790209 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-A<br>5.00%, 08/01/2026 | 1420 | 1454238 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 08/01/2042 | 4500 | 4720725 |
|  City of Philadelphia PA Airport Revenue<br> (City of Philadelphia PA Airport Revenue)<br>Series 2021<br>5.00%, 07/01/2028 | 10350 | 10858979 |
|  City of Philadelphia PA Water & Wastewater Revenue<br> (City of Philadelphia PA Water & Wastewater Revenue)<br>Series 2016<br>5.00%, 10/01/2025 | 7750 | 7787461 |
|  Commonwealth of Pennsylvania<br> (Commonwealth of Pennsylvania)<br>Series 2019<br>5.00%, 07/15/2025 | 4700 | 4703729 |
|  Hospitals & Higher Education Facilities Authority of Philadelphia (The)<br> (Temple University Health System Obligated Group)<br>Series 2017<br>5.00%, 07/01/2025 | 6000 | 6000000 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2022<br>4.00%, 07/01/2038 | 10000 | 9623678 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/01/2039 | 10000 | 9490746 |
|  Lancaster Municipal Authority<br> (Garden Spot Village Obligated Group)<br>Series 2024<br>5.00%, 05/01/2031 | 210 | 223902 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2032 | 300 | 321245 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2033 | 400 | 429006 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2034 | 420 | 451760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2044 | 1300 | 1296123 |
|  Montgomery County Higher Education & Health Authority<br> (HumanGood Pennsylvania Obligated Group)<br>Series 2017<br>5.00%, 12/01/2027 | 1415 | 1433950 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2032 | 2750 | 2796913 |
|  Montgomery County Higher Education & Health Authority<br> (Thomas Jefferson University Obligated Group)<br>Series 2018<br>5.00%, 09/01/2026 | 1400 | 1426218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2027 | 1750 | 1827732 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2028 | 1500 | 1592133 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2029 | $3000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3162622 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2030 | 3000 | 3155837 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019<br>5.00%, 09/01/2030 | 1710 | 1827126 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2032 | 1200 | 1273509 |
|  Pennsylvania Economic Development Financing Authority<br> (Commonwealth of Pennsylvania Dept. of Transportation)<br>Series 2022<br>5.50%, 06/30/2038 | 3350 | 3555929 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/30/2039 | 5455 | 5747343 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 06/30/2040 | 5000 | 5232490 |
|  Pennsylvania Economic Development Financing Authority<br> (PA Bridges Finco LP)<br>Series 2015<br>5.00%, 06/30/2026 | 8540 | 8663625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2026 | 4500 | 4566997 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/30/2027 | 12450 | 12602567 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2027 | 6000 | 6075038 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/30/2028 | 10790 | 10916168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2028 | 8910 | 9009744 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/30/2042 | 1015 | 991952 |
|  Pennsylvania Economic Development Financing Authority<br> (UPMC Obligated Group)<br>Series 2022-C<br>2.62% (MUNIPSA + 0.70%), 11/15/2047<sup>(a)</sup> | 15140 | 15043985 |
|  Pennsylvania Higher Educational Facilities Authority<br> (Thomas Jefferson University Obligated Group)<br>Series 2024<br>4.00%, 11/01/2042 | 2000 | 1802395 |
|  Pennsylvania Higher Educational Facilities Authority<br> (University of Pennsylvania Health System Obligated Group)<br>Series 2017<br>4.00%, 08/15/2042 | 2720 | 2515428 |
|  Pennsylvania Turnpike Commission<br> (Pennsylvania Turnpike Commission)<br>Series 2016<br>5.00%, 06/01/2026 | 10210 | 10291665 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-A<br>5.00%, 12/01/2041 | 5000 | 4971985 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-B<br>5.00%, 06/01/2028 | 7025 | 7298832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2030 | 6255 | 6487363 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019<br>5.00%, 12/01/2029 | 8000 | 8518381 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-A<br>5.00%, 12/01/2036 | 1000 | 1089500 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 12/01/2038 | 2100 | 2254629 |

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---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Pennsylvania Turnpike Commission Registration Fee Revenue<br> (Pennsylvania Turnpike Commission Registration Fee Revenue)<br>Series 2023<br>2.77% (MUNIPSA + 0.85%), 07/15/2041<sup>(a)</sup> | $| 24000 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23956488 |
|  Philadelphia Authority for Industrial Development<br> (MaST Community Charter School III)<br>Series 2021<br>5.00%, 08/01/2030 |  | 655 |  | 670684 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2040 |  | 3445 |  | 3346217 |
|  Philadelphia Authority for Industrial Development<br> (St. Joseph's University)<br>Series 2020<br>5.00%, 11/01/2027 |  | 835 |  | 868026 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2028 |  | 1000 |  | 1052768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2029 |  | 1000 |  | 1062790 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2030 |  | 1750 |  | 1852075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2031 |  | 1685 |  | 1773270 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2032 |  | 1810 |  | 1895189 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2033 |  | 1750 |  | 1820488 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2034 |  | 2110 |  | 2185862 |
|  Pittsburgh Water & Sewer Authority<br> (Pittsburgh Water & Sewer Authority) AG<br>Series 2023-C<br>3.873% (SOFR + 0.80%), 09/01/2040<sup>(a) (b)</sup> |  | 26000 |  | 25701260 |
|  School District of Philadelphia (The)<br> (School District of Philadelphia/The)<br>Series 2023-A<br>5.25%, 09/01/2038 |  | 2000 |  | 2155495 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 09/01/2039 |  | 3695 |  | 3944978 |
|  |  |  |  | 301342843 |
|  **Puerto Rico – 0.4%** | **Puerto Rico – 0.4%** | **Puerto Rico – 0.4%** | **Puerto Rico – 0.4%** | **Puerto Rico – 0.4%** |
|  Commonwealth of Puerto Rico<br> (Commonwealth of Puerto Rico)<br>Series 2021-A<br>Zero Coupon, 07/01/2033 |  | 1346 |  | 930750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 07/01/2029 |  | 1982 |  | 2090631 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-C<br>Zero Coupon, 11/01/2043 |  | 3857 |  | 2372088 |
|  Puerto Rico Commonwealth Aqueduct & Sewer Authority<br> (Puerto Rico Commonwealth Aqueduct & Sewer Authority)<br>Series 2021-C<br>3.50%, 07/01/2026<sup>(b)</sup> |  | 2000 |  | 1932219 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.75%, 07/01/2027<sup>(b)</sup> |  | 2000 |  | 1881448 |
|  Puerto Rico Electric Power Authority<br> (Puerto Rico Electric Power Authority)<br>AG Series 2007-V<br>5.25%, 07/01/2031 |  | 5150 |  | 5139124 |
|  Puerto Rico Housing Finance Authority<br> (El Mirador LLC)<br>Series 2023<br>5.00%, 03/01/2027 |  | 2250 |  | 2273901 |

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Auth<br> (San Juan Cruise Port LLC)<br>Series 2024<br>6.50%, 01/01/2041 | $| 2000 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2217937 |
|  |  |  |  | 18838098 |
|  **Rhode Island – 0.1%** | **Rhode Island – 0.1%** | **Rhode Island – 0.1%** | **Rhode Island – 0.1%** | **Rhode Island – 0.1%** |
|  Providence Public Building Authority<br> (City of Providence RI Lease)<br>AG Series 2020-A<br>5.00%, 09/15/2032 |  | 2195 |  | 2325354 |
|  **South Carolina – 3.4%** | **South Carolina – 3.4%** | **South Carolina – 3.4%** | **South Carolina – 3.4%** | **South Carolina – 3.4%** |
|  Patriots Energy Group Financing Agency<br> (Royal Bank of Canada)<br>Series 2023<br>5.25%, 02/01/2054 |  | 50000 |  | 53678905 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-B<br>4.821% (SOFR + 1.90%), 02/01/2054<sup>(a)</sup> |  | 18000 |  | 18535624 |
|  Patriots Energy Group Financing Agency<br> (Sumitomo Mitsui Financial Group)<br>Series 2023-A<br>5.25%, 10/01/2054 |  | 7460 |  | 7885120 |
|  SCAGO Educational Facilities Corp. for Pickens School District<br> (SCAGO Educational Facilities for Pickens School District Lease)<br>Series 2015<br>5.00%, 12/01/2026 |  | 3000 |  | 3004430 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2027 |  | 2500 |  | 2503536 |
|  South Carolina Jobs-Economic Development Authority<br> (Bon Secours Mercy Health)<br>Series 2025<br>5.25%, 11/01/2043 |  | 3500 |  | 3649813 |
|  South Carolina Jobs-Economic Development Authority<br> (Last Step Recycling LLC)<br>Series 2021<br>6.00%, 06/01/2031<sup>(c) (d) (e)</sup> |  | 1445 |  | 158950 |
|  South Carolina Jobs-Economic Development Authority<br> (Novant Health Obligated Group)<br>Series 2024<br>4.00%, 11/01/2042 |  | 2890 |  | 2634008 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2034 |  | 10000 |  | 11074355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2039 |  | 18615 |  | 19487409 |
|  South Carolina Jobs-Economic Development Authority<br> (Prisma Health Obligated Group)<br>Series 2018<br>5.00%, 05/01/2038 |  | 7500 |  | 7612513 |
|  South Carolina Ports Authority<br> (Prerefunded - US Treasuries)<br>Series 2015<br>5.25%, 07/01/2055 |  | 3240 |  | 3240000 |

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  South Carolina Ports Authority<br> (South Carolina Ports Authority)<br>Series 2018<br>5.00%, 07/01/2025 | $| 1190 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1190000 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2031 |  | 1945 |  | 2016461 |
|  South Carolina Public Service Authority<br> (South Carolina Public Service Authority)<br>Series 2016-A<br>5.00%, 12/01/2030 |  | 1435 |  | 1447716 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2034 |  | 1000 |  | 1004760 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-A<br>5.00%, 12/01/2043 |  | 1800 |  | 1807407 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-A<br>4.00%, 12/01/2035 |  | 3000 |  | 2985269 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-B<br>5.00%, 12/01/2043 |  | 6350 |  | 6415094 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>5.00%, 12/01/2038 |  | 1900 |  | 2024611 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-B<br>4.125%, 12/01/2044 |  | 1200 |  | 1089863 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2041 |  | 1100 |  | 1140893 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-B<br>5.00%, 12/01/2044 |  | 3695 |  | 3761276 |
|  |  |  |  | 158348013 |
|  **South Dakota – 0.2%** | **South Dakota – 0.2%** | **South Dakota – 0.2%** | **South Dakota – 0.2%** | **South Dakota – 0.2%** |
|  South Dakota Health & Educational Facilities Authority<br> (Monument Health Obligated Group)<br>Series 2017<br>5.00%, 09/01/2029 |  | 3400 |  | 3508571 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2030 |  | 3625 |  | 3733612 |
|  |  |  |  | 7242183 |
|  **Tennessee – 2.1%** | **Tennessee – 2.1%** | **Tennessee – 2.1%** | **Tennessee – 2.1%** | **Tennessee – 2.1%** |
|  City of Memphis TN<br> (City of Memphis TN)<br>Series 2024-B<br>5.00%, 04/01/2041 |  | 7040 |  | 7379340 |
|  Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board<br> (Vanderbilt University Medical Center Obligated Group)<br>Series 2024<br>5.00%, 07/01/2034 |  | 5500 |  | 6018820 |
|  Metropolitan Government of Nashville & Davidson County TN<br> (Metropolitan Govt of Nashville & Davidson County TN)<br>Series 2024-C<br>5.00%, 01/01/2041 |  | 5570 |  | 5963004 |
|  Metropolitan Government of Nashville & Davidson County TN<br> (Prerefunded - US Treasuries)<br>Series 2015-C<br>4.50%, 07/01/2034 |  | 10000 |  | 10000000 |

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---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Metropolitan Nashville Airport Authority (The)<br> (Metropolitan Nashville Airport Authority/The)<br>Series 2022-B<br>5.50%, 07/01/2039 | $| 2500 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2666049 |
|  Tennergy Corp./TN<br> (Nomura Holdings, Inc.)<br>Series 2022-A<br>5.50%, 10/01/2053 |  | 21150 |  | 22198255 |
|  Tennessee Energy Acquisition Corp.<br> (Goldman Sachs Group)<br>Series 2023-A<br>5.00%, 05/01/2053 |  | 43555 |  | 44909182 |
|  |  |  |  | 99134650 |
|  **Texas – 5.0%** | **Texas – 5.0%** | **Texas – 5.0%** | **Texas – 5.0%** | **Texas – 5.0%** |
|  Arlington Higher Education Finance Corp.<br> (BASIS Texas Charter Schools)<br>Series 2024<br>4.125%, 06/15/2034<sup>(b)</sup> |  | 850 |  | 833450 |
|  Arlington Higher Education Finance Corp.<br> (Cypress Christian School)<br>Series 2024-2<br>5.75%, 06/01/2043<sup>(b)</sup> |  | 2000 |  | 2000149 |
|  Arlington Higher Education Finance Corp.<br> (Magellan School/The)<br>Series 2022<br>6.00%, 06/01/2042<sup>(b)</sup> |  | 1000 |  | 1002973 |
|  Board of Regents of the University of Texas System<br> (Board of Regents of the University of Texas System)<br>Series 2022-A<br>4.00%, 08/15/2042 |  | 1895 |  | 1770043 |
|  Central Texas Turnpike System<br> (Central Texas Turnpike System)<br>Series 2024-A<br>5.00%, 08/15/2038 |  | 3100 |  | 3322298 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-C<br>5.00%, 08/15/2038 |  | 7700 |  | 8227921 |
|  City of Austin TX<br> (City of Austin TX)<br>Series 2015<br>5.00%, 09/01/2026 |  | 8000 |  | 8028152 |
|  City of Austin TX Airport System Revenue<br> (City of Austin TX Airport System Revenue)<br>Series 2022<br>5.00%, 11/15/2039 |  | 2260 |  | 2317382 |
|  City of Dallas TX<br> (City of Dallas TX)<br>Series 2023-A<br>5.00%, 02/15/2039 |  | 2000 |  | 2115168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/15/2043 |  | 6700 |  | 6881543 |
|  City of Dallas TX Waterworks & Sewer System Revenue<br> (City of Dallas TX Waterworks & Sewer System Revenue)<br>Series 2015-A<br>5.00%, 10/01/2025 |  | 3885 |  | 3905109 |

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---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  City of El Paso TX Water & Sewer Revenue <br>(City of El Paso TX Water & Sewer Revenue)<br>Series 2022<br>5.00%, 03/01/2037 | $4275 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4536335 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 03/01/2039 | 3880 | 4055094 |
|  City of Frisco TX <br>(City of Frisco TX)<br>Series 2024<br>5.00%, 02/15/2042 | 1140 | 1194172 |
|  City of Houston TX <br>(City of Houston TX Hotel Occupancy Tax)<br>Series 2015<br>5.00%, 09/01/2025 | 2000 | 2002694 |
|  City of Houston TX Airport System Revenue <br>(City of Houston TX Airport System Revenue)<br>Series 2021-A<br>4.00%, 07/01/2041 | 1140 | 1036201 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2023<br>5.00%, 07/01/2032 | 12095 | 13071149 |
|  City of Houston TX Airport System Revenue <br>(United Airlines, Inc.)<br>Series 2018<br>5.00%, 07/15/2028 | 9135 | 9182013 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-B<br>5.50%, 07/15/2036 | 3745 | 3895345 |
|  City of San Antonio TX Electric & Gas Systems Revenue <br>(City of San Antonio TX Electric & Gas Systems Revenue)<br>Series 2024-A<br>5.25%, 02/01/2043 | 5000 | 5290179 |
|  Crowley Independent School District <br>(Prerefunded - US Govt Agencies)<br>Series 2016-B<br>4.00%, 08/01/2037 | 4980 | 4983889 |
|  Dallas Fort Worth International Airport <br>(Dallas Fort Worth Intl Airport)<br>Series 2023-C<br>5.00%, 11/01/2028 | 6500 | 6848676 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2032 | 5500 | 5971209 |
|  Denton Independent School District <br>(Denton Independent School District)<br>Series 2016<br>5.00%, 08/15/2027 | 1220 | 1234928 |
|  El Paso County Hospital District <br>(El Paso County Hospital District)<br>AG Series 2024<br>5.00%, 08/15/2039 | 5000 | 5221631 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2040 | 2000 | 2071503 |
|  Harris County Cultural Education Facilities Finance Corp. <br>(Memorial Hermann Health System Obligated Group)<br>Series 2022<br>2.77% (MUNIPSA + 0.85%), 07/01/2049<sup>(a)</sup> | 7545 | 7548293 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 07/01/2034 | 3875 | 4306498 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2036 | 7300 | 7945322 |

---

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Harris County Hospital District <br>(Harris County Hospital District)<br>Series 2016<br>5.00%, 02/15/2027 | $2465 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2492376 |
|  Hidalgo County Regional Mobility Authority <br>(Hidalgo County Regional Mobility Authority)<br>Series 2022-A<br>5.00%, 12/01/2028 | 200 | 208399 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2029 | 500 | 525953 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2030 | 500 | 529813 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2031 | 500 | 532625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2032 | 795 | 843580 |
|  Irving Hospital Authority <br>(Baylor Medical Center at Irving)<br>Series 2017-A<br>5.00%, 10/15/2026 | 600 | 608417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/15/2029 | 600 | 608820 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/15/2030 | 1000 | 1013440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/15/2031 | 1020 | 1032271 |
|  Legacy Denton Public Facility Corp. <br>(LDG Vintage Ranch LP)<br>Series 2022<br>5.00%, 04/01/2043 | 15000 | 15068633 |
|  Mission Economic Development Corp. <br>(Natgasoline LLC)<br>Series 2018<br>4.625%, 10/01/2031<sup>(b)</sup> | 10680 | 10694840 |
|  New Hope Cultural Education Facilities Finance Corp. <br>(Children's Health System of Texas Obligated Group)<br>Series 2017-A<br>5.00%, 08/15/2025 | 2500 | 2505009 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2026 | 2000 | 2044878 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2028 | 2750 | 2859867 |
|  New Hope Cultural Education Facilities Finance Corp. <br>(Morningside Ministries Obligated Group)<br>Series 2020<br>5.00%, 01/01/2035 | 1300 | 1260758 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>4.00%, 01/01/2032 | 840 | 789146 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/01/2037 | 1155 | 1004549 |
|  New Hope Cultural Education Facilities Finance Corp. <br>(Prerefunded - Others)<br>Series 2017-A<br>5.00%, 04/01/2028 | 1130 | 1167425 |
|  New Hope Cultural Education Facilities Finance Corp. <br>(SLF CHP LLC)<br>Series 2025<br>5.75%, 07/01/2035<sup>(b)</sup> | 1500 | 1473751 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.25%, 07/01/2045<sup>(b)</sup> | 1155 | 1058379 |
|  North Texas Tollway Authority <br>(North Texas Tollway Authority)<br>Series 2024-B<br>5.00%, 01/01/2034 | 23690 | 26386817 |

---

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---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Port of Beaumont Navigation District <br>(Jefferson 2020 Bond Lessee & Borrower Obligated Group)<br>Series 2024<br>5.00%, 01/01/2039<sup>(b)</sup> | $| 1285 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1227797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.00%, 07/01/2026<sup>(b)</sup> |  | 2000 |  | 2020634 |
|  State of Texas <br>(State of Texas)<br>Series 2021-B<br>4.00%, 08/01/2026 |  | 2335 |  | 2337248 |
|  Texas Department of Transportation State Highway Fund <br>(Texas Dept. of Transportation State Highway Fund)<br>Series 2015<br>5.00%, 10/01/2025 |  | 3035 |  | 3050657 |
|  Texas Municipal Gas Acquisition & Supply Corp. II <br>(JPMorgan Chase & Co.)<br>Series 2007<br>3.939% (CME Term SOFR 3 Month + 1.05%), 09/15/2027<sup>(a)</sup> |  | 2000 |  | 2006766 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2012-C 3.<br>713% (CME Term SOFR 3 Month + 0.86%), 09/15/2027<sup>(a)</sup> |  | 3990 |  | 3992077 |
|  Texas Municipal Gas Acquisition & Supply Corp. V <br>(Bank of America Corp.)<br>Series 2024<br>5.00%, 01/01/2055 |  | 7500 |  | 7972124 |
|  Texas State University System <br>(Texas State University System)<br>Series 2024<br>5.00%, 03/15/2042 |  | 2900 |  | 3026697 |
|  Texas Water Development Board<br> (State Water Implementation Revenue Fund for Texas)<br>Series 2023-A<br>5.00%, 10/15/2025 |  | 1000 |  | 1006043 |
|  University of Houston <br>(University of Houston)<br>Series 2022-A<br>5.00%, 02/15/2040 |  | 1750 |  | 1826676 |
|  |  |  |  | 233975784 |
|  **Utah – 1.2%** | **Utah – 1.2%** | **Utah – 1.2%** | **Utah – 1.2%** | **Utah – 1.2%** |
|  City of Salt Lake City UT Airport Revenue <br>(City of Salt Lake City UT Airport Revenue)<br>Series 2021-A<br>4.00%, 07/01/2040 |  | 2615 |  | 2420176 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2029 |  | 3365 |  | 3558655 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2030 |  | 7670 |  | 8187888 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-A<br>5.00%, 07/01/2032 |  | 9270 |  | 10018152 |
| &nbsp;&nbsp;&nbsp;&nbsp; BAM Series 2018-A<br>5.00%, 07/01/2043 |  | 17000 |  | 16951609 |

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Grapevine Wash Local District <br>(Grapevine Wash Local District Assessment Area No. 1)<br>Series 2024-A<br>5.25%, 12/01/2044<sup>(b)</sup> | $| 1600 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1498554 |
|  Intermountain Power Agency <br>(Intermountain Power Agency)<br>Series 2023<br>5.00%, 07/01/2039 |  | 5000 |  | 5213417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2042 |  | 2360 |  | 2413736 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>5.00%, 07/01/2039 |  | 2915 |  | 3054368 |
|  Utah Transit Authority <br>(Utah Transit Authority Sales Tax)<br>Series 2015-A<br>5.00%, 06/15/2026 |  | 1305 |  | 1307243 |
|  |  |  |  | 54623798 |
|  **Virginia – 1.1%** | **Virginia – 1.1%** | **Virginia – 1.1%** | **Virginia – 1.1%** | **Virginia – 1.1%** |
|  County of Fairfax VA <br>(County of Fairfax VA)<br>Series 2024-A<br>5.00%, 10/01/2025 |  | 2750 |  | 2764265 |
|  Federal Home Loan Mortgage Corp. VA FEDMFH <br>(FHLMC Multifamily VRD Certificates)<br>2.625%, 06/15/2035<sup>(b)</sup> |  | 9170 |  | 8026094 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019M<br>2.60%, 09/15/2033 |  | 9100 |  | 7881079 |
|  Federal Home Loan Mortgage Corp. VA FEDMFH <br>(FMMV M051)<br>Series M051, Class A<br>2.65%, 06/15/2035 |  | 4610 |  | 3903047 |
|  Virginia Beach Development Authority <br>(Westminster-Canterbury on Chesapeake Bay Obligated Group)<br>Series 2023<br>5.375%, 09/01/2029 |  | 1000 |  | 1009619 |
|  Virginia College Building Authority <br>(Washington & Lee University)<br>Series 2021<br>3.00%, 01/01/2040 |  | 4345 |  | 3516255 |
|  Virginia Small Business Financing Authority <br>(Elizabeth River Crossings OpCo)<br>Series 2022<br>4.00%, 07/01/2030 |  | 2000 |  | 2006903 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/01/2032 |  | 5030 |  | 5004250 |
|  Virginia Small Business Financing Authority <br>(National Senior Communities Obligated Group)<br>Series 2020<br>5.00%, 01/01/2029 |  | 1400 |  | 1464813 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2030 |  | 1650 |  | 1738445 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2031 |  | 1250 |  | 1315794 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2033 |  | 1750 |  | 1835348 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2034 |  | 1600 |  | 1671363 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2035 |  | 1570 |  | 1630631 |
|  Virginia Small Business Financing Authority <br>(Pure Salmon Virginia LLC)<br>Series 2024<br>4.00%, 11/01/2052 |  | 6000 |  | 6001728 |
|  |  |  |  | 49769634 |

---

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **Washington – 3.1%** | **Washington – 3.1%** | **Washington – 3.1%** |
|  Central Puget Sound Regional Transit Authority <br>(Central Puget Sound Regional Transit Authority Sales & Use Tax)<br>Series 2009-2<br>5.491%, 11/01/2039 | $5000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5094504 |
|  Central Puget Sound Regional Transit Authority <br>(Prerefunded - US Treasuries)<br>Series 2015<br>4.00%, 11/01/2050 | 7625 | 7655894 |
|  Energy Northwest <br>(Bonneville Power Administration)<br>Series 2015-C<br>5.00%, 07/01/2026 | 3025 | 3025000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021<br>5.00%, 07/01/2040 | 5120 | 5357916 |
|  Port of Seattle WA <br>(Port of Seattle WA)<br>Series 2018-A<br>5.00%, 05/01/2038 | 4015 | 4034531 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019<br>5.00%, 04/01/2034 | 1000 | 1033895 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021<br>4.00%, 08/01/2041 | 5000 | 4413474 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2033 | 5000 | 5309377 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>5.00%, 08/01/2042 | 5000 | 5025784 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.25%, 07/01/2043 | 4140 | 4252260 |
|  Port of Tacoma WA <br>(Port of Tacoma WA)<br>Series 2016-B<br>5.00%, 12/01/2037 | 6835 | 6915526 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2038 | 6775 | 6852957 |
|  Spokane County School District No. 81 Spokane <br>(Spokane County School District No. 81 Spokane)<br>Series 2012<br>3.00%, 12/01/2031 | 10000 | 9616835 |
|  State of Washington <br>(State of Washington)<br>Series 2020-R<br>5.00%, 07/01/2025 | 6500 | 6500000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-R<br>5.00%, 07/01/2025 | 10000 | 10000000 |
|  Vancouver Housing Authority <br>(Vancouver Housing Authority)<br>Series 2025<br>4.25%, 02/01/2038 | 2175 | 2108492 |
|  Washington Health Care Facilities Authority <br>(CommonSpirit Health Obligated Group)<br>Series 2017<br>5.00%, 08/15/2025 | 2000 | 2003585 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2027 | 2175 | 2261547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2028 | 3700 | 3785756 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2030 | 8005 | 8151162 |

---

------

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Washington Health Care Facilities Authority <br>(Multicare Health System Obligated Group)<br>Series 2015-B<br>5.00%, 08/15/2028 | $| 8590 | $| 8593813 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2029 |  | 16560 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16566044 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/2030 |  | 6400 |  | 6401795 |
|  Washington State Housing Finance Commission <br>(Seattle Academy of Arts & Sciences)<br>Series 2023<br>5.875%, 07/01/2043<sup>(b)</sup> |  | 2025 |  | 2141450 |
|  Washington State Housing Finance Commission <br>(WSHFC 2021-1)<br>Series 2021-1, Class A<br>3.50%, 12/20/2035 |  | 4689 |  | 4408820 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1, Class X<br>0.727%, 12/20/2035<sup>(f)</sup> |  | 3099 |  | 122113 |
|  Washington State Housing Finance Commission <br>(WSHFC 2024-1)<br>Series 2024-1, Class A<br>4.221%, 03/20/2050 |  | 3285 |  | 3084135 |
|  |  |  |  | 144716665 |
|  **West Virginia – 0.2%** | **West Virginia – 0.2%** | **West Virginia – 0.2%** | **West Virginia – 0.2%** | **West Virginia – 0.2%** |
|  Tobacco Settlement Finance Authority/WV <br>(Tobacco Settlement Finance Authority/WV)<br>Series 2020<br>4.875%, 06/01/2049 |  | 10795 |  | 9903546 |
|  **Wisconsin – 2.5%** | **Wisconsin – 2.5%** | **Wisconsin – 2.5%** | **Wisconsin – 2.5%** | **Wisconsin – 2.5%** |
|  State of Wisconsin <br>(Prerefunded - US Treasuries)<br>Series 2019-A<br>5.00%, 05/01/2027 |  | 12500 |  | 13014395 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2028 |  | 12000 |  | 12493819 |
|  University of Wisconsin Hospitals & Clinics <br>(University of Wisconsin Hospitals & Clinics Authority Obligated Group)<br>Series 2024-B<br>5.00%, 04/01/2054 |  | 10000 |  | 10902412 |
|  Wisconsin Center District <br>(Wisconsin Center District)<br>AG Series 2020-C<br>Zero Coupon, 12/15/2028 |  | 1075 |  | 955838 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 12/15/2030 |  | 2140 |  | 1755627 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 12/15/2032 |  | 2800 |  | 2107795 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 12/15/2034 |  | 2500 |  | 1707492 |
|  Wisconsin Health & Educational Facilities Authority <br>(Advocate Aurora Health Obligated Group)<br>Series 2022<br>2.10% (MUNIPSA + 0.18%), 08/15/2054<sup>(a)</sup> |  | 4000 |  | 3966717 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.00%, 08/15/2054 |  | 5000 |  | 5078236 |
|  Wisconsin Health & Educational Facilities Authority <br>(Chiara Housing & Services Obligated Group)<br>Series 2024<br>5.00%, 07/01/2035 |  | 960 |  | 957379 |

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---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Wisconsin Health & Educational Facilities Authority<br> (Gundersen Lutheran Obligated Group)<br>Series 2021<br>4.00%, 10/15/2034 | $2500 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2520025 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 10/15/2035 | 1000 | 1000900 |
|  Wisconsin Public Finance Authority <br>(Absolute Awakenings)<br>Series 2025-A<br>7.00%, 01/01/2045<sup>(b) (g)</sup> | 1465 | 1490093 |
|  Wisconsin Public Finance Authority <br>(Alpha Ranch Water Control & Improvement District of Denton & Wise Counties)<br>Series 2024<br>Zero Coupon, 12/15/2038<sup>(b)</sup> | 2000 | 892400 |
|  Wisconsin Public Finance Authority <br>(Carmelite System Obligated Group)<br>Series 2020<br>5.00%, 01/01/2040 | 3750 | 3725738 |
|  Wisconsin Public Finance Authority <br>(CFC-SA LLC)<br>Series 2022<br>5.00%, 02/01/2042 | 2000 | 2008619 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 02/01/2042<sup>(b)</sup> | 6955 | 7057419 |
|  Wisconsin Public Finance Authority <br>(Duke Energy Progress LLC)<br>Series 2022<br>3.30%, 10/01/2046 | 5315 | 5275960 |
|  Wisconsin Public Finance Authority <br>(Lackland Project)<br>Series 2024<br>Zero Coupon, 02/01/2031 | 1698 | 1143470 |
|  Wisconsin Public Finance Authority <br>(North San Gabriel Municipal Utility District No. 1)<br>Series 2023<br>Zero Coupon, 09/01/2029<sup>(b)</sup> | 742 | 549733 |
|  Wisconsin Public Finance Authority <br>(Puerto Rico Tollroads LLC)<br>Series 2024<br>5.50%, 07/01/2044 | 1800 | 1829360 |
|  Wisconsin Public Finance Authority <br>(Queens University of Charlotte)<br>Series 2022<br>5.25%, 03/01/2042 | 6000 | 5891476 |
|  Wisconsin Public Finance Authority <br>(Signorelli Projects)<br>Series 2024<br>5.375%, 12/15/2032<sup>(b)</sup> | 2403 | 2402926 |
|  Wisconsin Public Finance Authority <br>(Southeast Overtown Park West Community Redevelopment Agency)<br>Series 2024<br>5.00%, 06/01/2041<sup>(b)</sup> | 1100 | 1089928 |
|  Wisconsin Public Finance Authority <br>(Southeastern Regional Medical Center Obligated Group)<br>Series 2021<br>4.00%, 02/01/2035 | 615 | 548885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/01/2036 | 3335 | 2929618 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/01/2038 | 3575 | 3038439 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 02/01/2040 | 3945 | 3242628 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>5.00%, 02/01/2031 | 3375 | 3365730 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2032 | 2545 | 2530535 |

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---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Wisconsin Public Finance Authority <br>(UMA Education, Inc.)<br>Series 2019<br>5.00%, 10/01/2025<sup>(b)</sup> | $| 3360 | $| 3365626 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2026<sup>(b)</sup> |  | 3605 |  | 3648012 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2029<sup>(b)</sup> |  | 835 |  | 862787 |
|  Wisconsin Public Finance Authority <br>(Waterstone Projects)<br>Series 2024<br>5.50%, 12/15/2038<sup>(b)</sup> |  | 1300 |  | 1285866 |
|  Wisconsin Public Finance Authority <br>(Wisconsin Public Finance Authority-MF Affordable Housing)<br>Series 2024-1<br>4.10%, 09/25/2039 |  | 4120 |  | 3884320 |
|  |  |  |  | 118520203 |
|  Total Long-Term Municipal Bonds <br>(cost $4,299,150,201) | Total Long-Term Municipal Bonds <br>(cost $4,299,150,201) | Total Long-Term Municipal Bonds <br>(cost $4,299,150,201) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4208008409 |
|  **Short-Term Municipal Notes – 5.1%** | **Short-Term Municipal Notes – 5.1%** | **Short-Term Municipal Notes – 5.1%** | **Short-Term Municipal Notes – 5.1%** | **Short-Term Municipal Notes – 5.1%** |
|  **Arizona – 0.1%** | **Arizona – 0.1%** | **Arizona – 0.1%** | **Arizona – 0.1%** | **Arizona – 0.1%** |
|  Arizona Health Facilities Authority <br>(Banner Health Obligated Group)<br>Series 2017-C<br>4.00%, 01/01/2046<sup>(i)</sup> |  | 2785 |  | 2785000 |
|  **California – 0.7%** | **California – 0.7%** | **California – 0.7%** | **California – 0.7%** | **California – 0.7%** |
|  Anaheim Housing & Public Improvements Authority <br>(City of Anaheim CA Water System Revenue)<br>Series 2024,<br>Class A 3.20%, 10/01/2054<sup>(i)</sup> |  | 2000 |  | 2000000 |
|  City of Los Angeles CA <br>(City of Los Angeles CA)<br>Series 2025<br>5.00%, 06/25/2026<sup>(g)</sup> |  | 23785 |  | 24264503 |
|  Nuveen California AMT-Free Quality Municipal Income Fund <br>(Nuveen California AMT-Free Quality Municipal Income Fund)<br>Series 2017<br>2.37%, 10/01/2047<sup>(b) (i)</sup> |  | 5000 |  | 5000000 |
|  |  |  |  | 31264503 |
|  **Colorado – 0.3%** | **Colorado – 0.3%** | **Colorado – 0.3%** | **Colorado – 0.3%** | **Colorado – 0.3%** |
|  Colorado Educational & Cultural Facilities Authority <br>(Michael Ann Russell Jewish Community Center)<br>Series 2012<br>4.00%, 01/01/2039<sup>(i)</sup> |  | 5025 |  | 5025000 |

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| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Colorado Health Facilities Authority <br>(Children's Hospital Colorado Obligated Group)<br>Series 2020<br>4.00%, 12/01/2052<sup>(i)</sup> | $| 7555 | $| 7555000 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12580000 |
|  **District of Columbia – 0.2%** | **District of Columbia – 0.2%** | **District of Columbia – 0.2%** | **District of Columbia – 0.2%** | **District of Columbia – 0.2%** |
|  District of Columbia <br>(MedStar Health Obligated Group)<br>Series 2017-A<br>4.00%, 08/15/2038<sup>(i)</sup> |  | 11675 |  | 11675000 |
|  **Florida – 0.4%** | **Florida – 0.4%** | **Florida – 0.4%** | **Florida – 0.4%** | **Florida – 0.4%** |
|  Hillsborough County Industrial Development Authority <br>(BayCare Obligated Group)<br>Series 2020<br>3.90%, 11/15/2042<sup>(i)</sup> |  | 19765 |  | 19765000 |
|  **Idaho – 0.1%** | **Idaho – 0.1%** | **Idaho – 0.1%** | **Idaho – 0.1%** | **Idaho – 0.1%** |
|  Idaho Health Facilities Authority <br>(St. Luke's Health System Obligated Group/ID)<br>Series 2018-C<br>3.65%, 03/01/2048<sup>(i)</sup> |  | 5025 |  | 5025000 |
|  **Illinois – 0.1%** | **Illinois – 0.1%** | **Illinois – 0.1%** | **Illinois – 0.1%** | **Illinois – 0.1%** |
|  Illinois Finance Authority <br>(OSF Healthcare System Obligated Group)<br>Series 2018<br>3.90%, 11/15/2037<sup>(i)</sup> |  | 5000 |  | 5000000 |
|  **Kentucky – 0.0%** | **Kentucky – 0.0%** | **Kentucky – 0.0%** | **Kentucky – 0.0%** | **Kentucky – 0.0%** |
|  Louisville/Jefferson County Metropolitan Government <br>(Norton Healthcare Obligated Group)<br>Series 2016-B<br>4.00%, 10/01/2039<sup>(i)</sup> |  | 2000 |  | 2000000 |
|  **Michigan – 0.1%** | **Michigan – 0.1%** | **Michigan – 0.1%** | **Michigan – 0.1%** | **Michigan – 0.1%** |
|  Grand Traverse County Hospital Finance Authority <br>(Munson Healthcare Obligated Group)<br>Series 2019<br>3.85%, 07/01/2041<sup>(i)</sup> |  | 7175 |  | 7175000 |
|  **New Jersey – 1.0%** | **New Jersey – 1.0%** | **New Jersey – 1.0%** | **New Jersey – 1.0%** | **New Jersey – 1.0%** |
|  City of Hoboken NJ <br>(City of Hoboken NJ)<br>Series 2025-A<br>4.00%, 03/10/2026 |  | 15825 |  | 15939155 |
|  City of Jersey City NJ <br>(City of Jersey City NJ)<br>Series 2024-D<br>4.50%, 10/22/2025 |  | 20000 |  | 20078880 |
|  Township of East Brunswick NJ <br>(Township of East Brunswick NJ)<br>Series 2024-A<br>4.50%, 07/15/2025 |  | 9000 |  | 9005503 |
|  |  |  |  | 45023538 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **New York – 0.7%** | **New York – 0.7%** | **New York – 0.7%** |
|  City of Rochester NY <br>(City of Rochester NY)<br>Series 2024-I<br>5.00%, 07/31/2025 | $7000 | $7010977 |
|  Town of Oyster Bay NY <br>(Town of Oyster Bay NY)<br>Series 2025<br>4.00%, 03/06/2026 | 11330 | 11412658 |
|  Triborough Bridge & Tunnel Authority <br>(Triborough Bridge & Tunnel Authority)<br>Series 2025<br>2.90% (MUNIPSA + 0.98%), 05/01/2026<sup>(a)</sup> | 15400 | 15400000 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33823635 |
|  **Ohio – 0.4%** | **Ohio – 0.4%** | **Ohio – 0.4%** |
|  County of Montgomery OH <br>(Premier Health Partners Obligated Group)<br>Series 2019<br>3.90%, 11/15/2045<sup>(i)</sup> | 14535 | 14535000 |
|  State of Ohio <br>(University Hospitals Health System Obligated Group)<br>Series 2018<br>3.85%, 01/15/2046<sup>(i)</sup> | 3300 | 3300000 |
|  |  | 17835000 |
|  **Oregon – 0.1%** | **Oregon – 0.1%** | **Oregon – 0.1%** |
|  Oregon State Facilities Authority <br>(PeaceHealth Obligated Group)<br>Series 2018-A<br>3.60%, 08/01/2034<sup>(i)</sup> | 4400 | 4400000 |
|  **Other – 0.6%** | **Other – 0.6%** | **Other – 0.6%** |
|  Nuveen AMT-Free Municipal Credit Income Fund <br>(Nuveen AMT-Free Municipal Credit Income Fund)<br>Series 2019<br>2.37%, 03/01/2029<sup>(i)</sup> | 12955 | 12955000 |
|  Nuveen AMT-Free Quality Municipal Income Fund <br>(Nuveen AMT-Free Quality Municipal Income Fund)<br>Series 2021<br>2.37%, 03/01/2029<sup>(i)</sup> | 15515 | 15515000 |
|  |  | 28470000 |
|  **South Carolina – 0.2%** | **South Carolina – 0.2%** | **South Carolina – 0.2%** |
|  Orangeburg County School District <br>(Orangeburg County School District)<br>Series 2024<br>5.00%, 08/13/2025 | 8000 | 8016905 |
|  **Texas – 0.0%** | **Texas – 0.0%** | **Texas – 0.0%** |
|  Tarrant County Housing Finance Corp. <br>(One Oaklake VIII LLC)<br>Series 2003<br>2.00%, 02/15/2036<sup>(i)</sup> | 270 | 270000 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **Wisconsin – 0.1%** | **Wisconsin – 0.1%** | **Wisconsin – 0.1%** |
|  Public Finance Authority <br>(Kaiser Obligated Group)<br>Series 2023-B<br>4.00%, 10/01/2055<sup>(i)</sup> | $3100 | $3100000 |
|  Total Short-Term Municipal Notes <br>(cost $238,185,572) | Total Short-Term Municipal Notes <br>(cost $238,185,572) | 238208581 |
|  Total Municipal Obligations <br>(cost $4,537,335,773) | Total Municipal Obligations <br>(cost $4,537,335,773) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4446216990 |
|  **CORPORATES - INVESTMENT GRADE – 1.1%** | **CORPORATES - INVESTMENT GRADE – 1.1%** | **CORPORATES - INVESTMENT GRADE – 1.1%** |
|  **Industrial – 1.1%** | **Industrial – 1.1%** | **Industrial – 1.1%** |
|  **Consumer Non-Cyclical – 1.0%** | **Consumer Non-Cyclical – 1.0%** | **Consumer Non-Cyclical – 1.0%** |
|  Baylor Scott & White Holdings<br>Series 2021<br>0.827%, 11/15/2025 | 5835 | 5716141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.777%, 11/15/2030 | 5000 | 4394050 |
|  CommonSpirit Health<br>1.547%, 10/01/2025 | 4513 | 4476580 |
|  Hackensack Meridian Health, Inc.<br>Series 2020<br>2.675%, 09/01/2041 | 7000 | 4894120 |
|  Novant Health, Inc.<br>2.637%, 11/01/2036 | 19100 | 15027689 |
|  Ochsner LSU Health System of North Louisiana<br>Series 2021<br>2.51%, 05/15/2031 | 10000 | 8190900 |
|  Sutter Health<br>Series 20A<br>3.161%, 08/15/2040 | 4000 | 3093880 |
|  |  | 45793360 |
|  **Transportation - Airlines – 0.1%** | **Transportation - Airlines – 0.1%** | **Transportation - Airlines – 0.1%** |
|  United Airlines, Inc.<br>4.375%, 04/15/2026<sup>(b)</sup> | 5000 | 4964450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 04/15/2029<sup>(b)</sup> | 2300 | 2233185 |
|  |  | 7197635 |
|  Total Corporates - Investment Grade <br>(cost $62,643,245) | Total Corporates - Investment Grade <br>(cost $62,643,245) | 52990995 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.7%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.7%** | **COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.7%** |
|  **Agency CMBS – 0.7%** | **Agency CMBS – 0.7%** | **Agency CMBS – 0.7%** |
|  California Housing Finance Agency<br>Series 2021-3,<br>Class X 0.792%, 08/20/2036<sup>(f)</sup> | 7710 | 352662 |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates<br>Series 2021-ML10, Class ACA<br>2.046%, 06/25/2038 | 1897 | 1555777 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-ML10, Class AUS<br>2.032%, 01/25/2038 | 4757 | 3791698 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-ML12, Class AUS<br>2.34%, 07/25/2041 | 7202 | 5918141 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-ML13, Class XCA<br>0.964%, 07/25/2036<sup>(f)</sup> | $| 1962 | $104719 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-ML13, Class XUS<br>1.005%, 09/25/2036<sup>(f)</sup> |  | 3631 | 241443 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-ML21, Class AUS<br>4.615%, 08/25/2041 |  | 8347 | 8566308 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-ML24, Class AUS<br>4.30%, 05/25/2041 |  | 10512 | 10039078 |
|  |  |  | 30569826 |
|  **Non-Agency Fixed Rate CMBS – 0.0%** | **Non-Agency Fixed Rate CMBS – 0.0%** | **Non-Agency Fixed Rate CMBS – 0.0%** | **Non-Agency Fixed Rate CMBS – 0.0%** |
|  New Hampshire Business Finance Authority<br>Series 2022-2, Class X<br>0.69%, 10/01/2036<sup>(f)</sup> |  | 9645 | 413765 |
|  Washington State Housing Finance Commission<br>Series 2023-1, Class X<br>1.494%, 04/20/2037<sup>(f)</sup> |  | 9859 | 974730 |
|  |  |  | 1388495 |
|  Total Commercial Mortgage-Backed Securities <br>(cost $35,798,180) | Total Commercial Mortgage-Backed Securities <br>(cost $35,798,180) | Total Commercial Mortgage-Backed Securities <br>(cost $35,798,180) | 31958321 |
|  **CORPORATES - NON-INVESTMENT GRADE – 0.1%** | **CORPORATES - NON-INVESTMENT GRADE – 0.1%** | **CORPORATES - NON-INVESTMENT GRADE – 0.1%** | **CORPORATES - NON-INVESTMENT GRADE – 0.1%** |
|  **Industrial – 0.1%** | **Industrial – 0.1%** | **Industrial – 0.1%** | **Industrial – 0.1%** |
|  **Communications - Media – 0.1%** | **Communications - Media – 0.1%** | **Communications - Media – 0.1%** | **Communications - Media – 0.1%** |
|  CCO Holdings LLC/CCO Holdings Capital Corp.<br>4.25%, 01/15/2034<sup>(b)</sup> <br>(cost $7,730,000) |  | 7730 | 6879777 |
|  **ASSET-BACKED SECURITIES – 0.1%** | **ASSET-BACKED SECURITIES – 0.1%** | **ASSET-BACKED SECURITIES – 0.1%** | **ASSET-BACKED SECURITIES – 0.1%** |
|  **Autos - Fixed Rate – 0.1%** | **Autos - Fixed Rate – 0.1%** | **Autos - Fixed Rate – 0.1%** | **Autos - Fixed Rate – 0.1%** |
|  Lendbuzz Securitization Trust<br>Series 2023-1A, Class A2<br>6.92%, 08/15/2028<sup>(b)</sup> <br>(cost $3,511,298) |  | 3512 | 3561192 |
|  **COLLATERALIZED MORTGAGE OBLIGATIONS – 0.0%** | **COLLATERALIZED MORTGAGE OBLIGATIONS – 0.0%** | **COLLATERALIZED MORTGAGE OBLIGATIONS – 0.0%** | **COLLATERALIZED MORTGAGE OBLIGATIONS – 0.0%** |
|  **Risk Share Floating Rate – 0.0%** | **Risk Share Floating Rate – 0.0%** | **Risk Share Floating Rate – 0.0%** | **Risk Share Floating Rate – 0.0%** |
|  Federal National Mortgage Association Connecticut Avenue Securities<br>Series 2016-C01, Class 1M2<br>11.17% (CME Term SOFR + 6.86%), 08/25/2028<sup>(a)</sup> <br>(cost $128,524) |  | 125 | 128698 |
|  **Total Investments – 96.9%** <br> (cost $4,647,147,020)<sup>(j)</sup> | **Total Investments – 96.9%** <br> (cost $4,647,147,020)<sup>(j)</sup> | **Total Investments – 96.9%** <br> (cost $4,647,147,020)<sup>(j)</sup> | 4541735973 |
|  Other assets less liabilities – 3.1% | Other assets less liabilities – 3.1% | Other assets less liabilities – 3.1% | 145495463 |
|  **Net Assets – 100.0%** | **Net Assets – 100.0%** | **Net Assets – 100.0%** | $**4687231436** |

---

------

**CENTRALLY CLEARED CREDIT DEFAULT SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Fixed<br>Rate<br>(Pay)<br>Receive** | **Payment<br>Frequency** | **Implied<br>Credit<br>Spread at<br>June 30,<br>2025** | **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | **Market<br>Value** | **Upfront<br>Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-NAHY Series 44, 5 Year Index, 06/20/2030\* | (5.00)% | Quarterly | 3.18% | USD | 42240 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3240282) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1981093) | $(1259189) |

---

*\** *Termination date* 

**CENTRALLY CLEARED INFLATION (CPI) SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | | **Rate Type** | **Rate Type** | | | | |
| **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | <br>**Termination<br>Date** | **Payments<br>made<br>by the<br>Fund** | **Payments<br>received<br>by the<br>Fund** | <br>**Payment<br>Frequency**<br> **Paid/<br>Received** |<br>**Market<br>Value** |<br>**Upfront<br>Premiums<br>Paid<br>(Received)** |<br>**Unrealized<br>Appreciation<br>(Depreciation)** |
| USD | 95110 | 10/15/2028 | CPI# | 2.565% | Maturity | $(115239) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $(115239) |
| USD | 83000 | 10/15/2029 | 2.569% | CPI# | Maturity | (91583) |  | (91583) |
| USD | 81000 | 10/15/2029 | 2.485% | CPI# | Maturity | 234794 |  | 234794 |
| USD | 65040 | 10/15/2029 | 2.516% | CPI# | Maturity | 92339 |  | 92339 |
| USD | 64980 | 10/15/2029 | 2.451% | CPI# | Maturity | 292853 |  | 292853 |
| USD | 64980 | 10/15/2029 | 2.499% | CPI# | Maturity | 144970 |  | 144970 |
| USD | 99890 | 10/15/2030 | CPI# | 2.531% | Maturity | 90673 |  | 90673 |
|  |  |  |  |  |  | $648807 | $— | $648807 |

---

*#* *Variable interest rate based on the rate of inflation as determined by the Consumer Price Index (CPI).* 

**CENTRALLY CLEARED INTEREST RATE SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | | **Rate Type** | **Rate Type** | | | | |
| **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | <br>**Termination<br>Date** | **Payments<br>made<br>by the<br>Fund** | **Payments<br>received<br>by the<br>Fund** | <br>**Payment<br>Frequency**<br> **Paid/<br>Received** |<br>**Market<br>Value** |<br>**Upfront<br>Premiums<br>Paid<br>(Received)** |<br>**Unrealized<br>Appreciation<br>(Depreciation)** |
| USD | 30900 | 07/31/2029 | 1 Day SOFR | 4.461% | Annual | $1201408 | $— | $1201408 |
| USD | 21100 | 10/15/2029 | 1 Day SOFR | 3.785% | Annual | 228278 |  | 228278 |
| USD | 38000 | 10/15/2030 | 1 Day SOFR | 4.092% | Annual | 1127666 |  | 1127666 |
| USD | 61200 | 06/15/2034 | 3.543% | 1 Day SOFR | Annual | 510079 | 7033 | 503046 |
| USD | 41630 | 08/15/2034 | 3.194% | 1 Day SOFR | Annual | 1921185 |  | 1921185 |
| USD | 29900 | 08/15/2034 | 3.304% | 1 Day SOFR | Annual | 1154466 |  | 1154466 |
|  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6143082 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7033 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6136049 |

---

**INTEREST RATE SWAPS** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | **Rate Type** | **Rate Type** | | | | |
| **Swap Counterparty** | **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | **Termination<br>Date** | **Payments<br>made<br>by the<br>Fund** | **Payments<br>received<br>by the<br>Fund** | **Payment<br>Frequency<br>Paid/<br>Received** | **Market<br>Value** | **Upfront<br>Premiums<br>Paid<br>(Received)** | **Unrealized<br>Appreciation<br>(Depreciation)** |
| Citibank NA | USD | 57160 | 10/09/2029 | 1.125% | 1 Week SIFMA\* | Quarterly | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3721110 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3721110 |

---

*\** *Variable interest rate based on the Securities Industry & Financial Markets Association (SIFMA) Municipal Swap Index.* 

------

*(a)* *Floating Rate Security. Stated interest/floor/ceiling rate was in effect at June 30, 2025.* 

*(b)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At June 30, 2025, the aggregate market value of these securities amounted to $340,759,302 or 7.3% of net assets.* 

*(c)* *Non-income producing security.* 

*(d)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities, which represent 0.02% of net assets as of June 30, 2025, are considered illiquid and restricted. Additional information regarding such securities follows:* 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **144A/Restricted & Illiquid Securities** | **Acquisition<br>Date** | **Cost** | | **Market<br>Value** | | **Percentage<br>of<br>Net Assets** |
|  *Arizona Industrial Development Authority <br>(Legacy Cares, Inc.) <br>Series 2020 <br>6.50%, 07/01/2026* | *06/13/2022* | $*2077317* | | $*60000* | | *0.00%* |
|  *Polk County Industrial Development Authority/FL <br>(Mineral Development LLC)<br>Series 2020 <br>5.875%, 01/01/2033* | *10/23/2020* | *1905000* | | *1104900* | | *0.02%* |
|  *South Carolina Jobs-Economic Development Authority <br>(Last Step Recycling LLC)<br>Series 2021 <br>6.00%, 06/01/2031* | *10/04/2022* | *1180754* | | *158950* | | *0.00%* |

---

*(e)* *Defaulted.* 

*(f)* *IO - Interest Only.* 

*(g)* *When-Issued or delayed delivery security.* 

*(h)* *Coupon rate adjusts periodically based upon a predetermined schedule. Stated interest rate in effect at June 30, 2025.* 

*(i)* *Variable Rate Demand Notes are instruments whose interest rates change on a specific date (such as coupon date or interest payment date) or whose interest rates vary with changes in a designated base rate (such as the prime interest rate). This instrument is payable on demand and is secured by letters of credit or other credit support agreements from major banks.* 

*(j)* *As of June 30, 2025, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $36,544,273 and gross unrealized depreciation of investments was $(132,708,543), resulting in net unrealized depreciation of $(96,164,270).* 

*As of June 30, 2025, the Portfolio's percentages of investments in municipal bonds that are insured and in insured municipal bonds that have been pre-refunded or escrowed to maturity are 5.2% and 0.0%, respectively.* 

*Glossary:* 

*AG – Assured Guaranty, Inc.* 

*AMT – Alternative Minimum Tax (subject to)* 

*BAM – Build American Mutual* 

*CDX-NAHY – North American High Yield Credit Default Swap Index* 

*CMBS – Commercial Mortgage-Backed Securities* 

*CME – Chicago Mercantile Exchange* 

*COP – Certificate of Participation* 

*FHLMC – Federal Home Loan Mortgage Corporation* 

*MUNIPSA – Municipal Swap Index* 

*NATL – National Interstate Corporation* 

*OSF – Order of St. Francis* 

*RFUCCT1Y – Refinitiv USD IBOR Consumer Cash Fallbacks Term 1 Year* 

*SOFR – Secured Overnight Financing Rate* 

*UPMC – University of Pittsburgh Medical Center* 

*XLCA – XL Capital Assurance Inc.* 

------

**Sanford C. Bernstein Fund, Inc.** 

**Diversified Municipal Portfolio** 

**June 30, 2025 (unaudited)** 

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Portfolio. Unobservable inputs reflect the Portfolio's own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates,
prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value
of investments)

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which is then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3. In addition, non-agency rated investments are classified as Level 3.

Other fixed income investments, including non-U.S. government and corporate debt, are generally valued using quoted market prices, if available, which are typically impacted by current interest rates, maturity dates and any perceived credit risk of the issuer. Additionally, in the absence of quoted market prices, these inputs are used by pricing vendors to derive a valuation based upon industry or proprietary models which incorporate issuer specific data with relevant yield/spread comparisons with more widely quoted bonds with similar key characteristics. Those investments for which there are observable inputs are classified as Level 2. Where the inputs are not observable, the investments are classified as Level 3.

Valuations of mortgage-backed or other asset backed securities, by pricing vendors, are based on both proprietary and industry recognized models and discounted cash flow techniques. Significant inputs to the valuation of these instruments are value of the collateral, the rates and timing of delinquencies, the rates and timing of prepayments, and default and loss expectations, which are driven in part by housing prices for residential mortgages. Significant inputs are determined based on relative value analyses, which incorporate comparisons to instruments with similar collateral and risk profiles, including relevant indices. Mortgage and asset backed securities for which management has collected current observable data through pricing services are generally categorized within Level 2. Those investments for which current observable data has not been provided are classified as Level 3.

------

The following table summarizes the valuation of the Portfolio's investments by the above fair value hierarchy levels as of June 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities:** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Long-Term Municipal Bonds | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $4208008409 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $4208008409 |
| Short-Term Municipal Notes |  | 238208581 |  | 238208581 |
| Corporates - Investment Grade |  | 52990995 |  | 52990995 |
| Commercial Mortgage-Backed Securities |  | 31958321 |  | 31958321 |
| Corporates - Non-Investment Grade |  | 6879777 |  | 6879777 |
| Asset-Backed Securities |  | 3561192 |  | 3561192 |
| Collateralized Mortgage Obligations |  | 128698 |  | 128698 |
| Total Investments in Securities |  | 4541735973 |  | 4541735973 |
| **Other Financial Instruments<sup>(a)</sup>:** |  |  |  |  |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Centrally Cleared Inflation (CPI) Swaps |  | 855629 |  | 855629 |
| Centrally Cleared Interest Rate Swaps |  | 6143082 |  | 6143082 |
| Interest Rate Swaps |  | 3721110 |  | 3721110 |
| **Liabilities:** |  |  |  |  |
| Centrally Cleared Credit Default Swaps |  | (3240282) |  | (3240282) |
| Centrally Cleared Inflation (CPI) Swaps |  | (206822) |  | (206822) |
| **Total** | $**—** | $**4549008690** | $**—** | $**4549008690** |

---

*<sup>(a)</sup>* *Other financial instruments include derivative instruments, such as futures, forwards and swaps. Derivative instruments are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BERNSTEIN SANFORD C FUND INC

- **b. Investment Company Act file number:** 811-05555

- **c. CIK number of Registrant:** 0000832808

- **d. LEI of Registrant:** 549300GA5IHQHIM7CU60

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

  - **Street Address 1:** ALLIANCEBERNSTEIN LP

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10001

  - **Telephone number:** 212-969-1000

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

- **a. Name of Series:** Diversified Municipal Portfolio

- **b. EDGAR series identifier (if any):** S000011055

- **c. LEI of Series:** 549300CH4E4VI6GTTS83

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $4716097537.77

**Total Liabilities:** $43832283.68

**Net Assets:** $4672265254.09

**Delayed Delivery Securities:** $38150813.05

**Cash Not Reported:** $113604891.08

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -14414.40000000 | **1-Year:** -182551.91000000 | **5-Year:** -595866.09000000 | **10-Year:** -1119971.60000000 | **30-Year:** -324808.41000000

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

- **3-Month:** -827.86000000 | **1-Year:** -17406.21000000 | **5-Year:** -27935.76000000 | **10-Year:** -80457.61000000 | **30-Year:** -25666.83000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000084883 | -0.32%               | 0.05%                | 0.77%                |
| Class ID C000202546 | -0.31%               | 0.13%                | 0.70%                |
| Class ID C000030492 | -0.39%               | 0.04%                | 0.62%                |
| Class ID C000030490 | -0.33%               | 0.03%                | 0.76%                |
| Class ID C000157746 | -0.31%               | 0.13%                | 0.70%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-136457.55              | $-29380802.67                              |
| Month 2  | $-410214.40              | $-7021927.04                               |
| Month 3  | $-534558.93              | $24162229.22                               |

**Designated Index Information**

- **Index Name:** Bloomberg 1-10 Yr Municipal Bond Blend

- **Index Identifier:** B12MTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| UNITED AIRLINES INC                                                              | United Airlines Inc                                                                                                                | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4964450.00   | 0.11%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                                                                                        | CUSIP: 594698QC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5770000 | PA      | $5932156.04   | 0.13%             | 2027-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Washington OH                                                          | WASHINGTON CNTY OH HOSP REVENUE                                                                                                    | CUSIP: 938154DV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5262915.50   | 0.11%             | 2037-12-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| City of El Paso TX Water & Sewer Revenue                                         | EL PASO TX WTR & SWR REVENUE                                                                                                       | CUSIP: 283822VZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4275000 | PA      | $4536335.45   | 0.10%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                     | CUSIP: 63607WBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    997862 | PA      | $947484.06    | 0.02%             | 2041-01-20      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                                    | DELAWARE ST ECON DEV AUTH CHRT SCH REVENUE                                                                                         | CUSIP: 246372AM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $952940.60    | 0.02%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Stratford CT                                                             | STRATFORD CT                                                                                                                       | CUSIP: 8628116F8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3890000 | PA      | $4002503.47   | 0.09%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                           | CUSIP: 79766DVP1<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  10870000 | PA      | $11916797.31  | 0.26%             | 2035-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GTC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1602112.55   | 0.03%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                               | CUSIP: 74526QPP1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   5150000 | PA      | $5139123.72   | 0.11%             | 2031-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                                                                                          | CUSIP: 679111E59<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3374656.35   | 0.07%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa Municipal Airport Trust Trustees/OK                                        | TULSA OK MUNI ARPT TRUST TRUSTEES                                                                                                  | CUSIP: 899661EM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3562129.89   | 0.08%             | 2035-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                      | CUSIP: 59261A2H9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $5592332.20   | 0.12%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                                  | CENTRL VLY CA ENERGY AUTH COMMODITY SPLY REVENUE                                                                                   | CUSIP: 15569DAA0<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2131787.40   | 0.05%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL                                                                | COOK CNTY IL                                                                                                                       | CUSIP: 213185MC2<br>LEI: 5493004UMR7OX4YITE10 | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2146403.95   | 0.05%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NOVANT HEALTH INC                                                                | Novant Health Inc                                                                                                                  | CUSIP: 66988AAG9<br>LEI: 549300ZUXEGFGE8EP917 | Long             | DBT              | CORP              | US        |  19100000 | PA      | $15027689.00  | 0.32%             | 2036-11-01      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| City of Lakeland FL                                                              | LAKELAND FL HOSP SYS REVENUE                                                                                                       | CUSIP: 511665KP5<br>LEI: XRPK4ZALF4437WO3JQ94 | Long             | DBT              | MUN               | US        |   2420000 | PA      | $2459087.84   | 0.05%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | FLORIDA ST MUNI PWR AGY                                                                                                            | CUSIP: 342816G33<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1019120.39   | 0.02%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                                                                                                | CUSIP: 64577B6A7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   5930000 | PA      | $6016064.46   | 0.13%             | 2026-04-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                        | CUSIP: 452153JX8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1817258.47   | 0.04%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH                                                            | FRANKLIN CNTY OH HOSP FACS REVENUE                                                                                                 | CUSIP: 353187DT1<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040679.30   | 0.02%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP WTR SYS REVENUE                                                                                         | CUSIP: 71883RQE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $932782.01    | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Wisconsin Hospitals & Clinics                                      | UNIV HOSPS & CLINICS AUTH WI                                                                                                       | CUSIP: 915260FU2<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10902412.00  | 0.23%             | 2054-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Suffolk Tobacco Asset Securitization Corp                                        | SUFFOLK NY TOBACCO ASSET SECURITIZATION CORP TOBACCO SETTLEM                                                                       | CUSIP: 864809BR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2395000 | PA      | $2517898.23   | 0.05%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST HOSP REVENUE                                                                                                               | CUSIP: 67756CGD4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5588593.00   | 0.12%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                                                                                                 | CUSIP: 249182LB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16105000 | PA      | $16986884.03  | 0.36%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                                                                                                   | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   3285169 | PA      | $3084134.93   | 0.07%             | 2050-03-20      | Floating      | 3.81%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS2Z7Q6   IRS USD R V 00MSOFR IS2Z7R7 CCPOIS / Short: BS2Z7Q6   IRS USD P F  3.19400 IS2Z7Q6 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  41630000 | OU      | $1921184.94   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447PYP0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2460000 | PA      | $2463303.29   | 0.05%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Reno-Tahoe Airport Authority                                                     | RENO-TAHOE NV ARPT AUTH ARPT REVENUE                                                                                               | CUSIP: 759874CC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1531995.61   | 0.03%             | 2038-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hidalgo County Regional Mobility Authority                                       | HIDALGO CNTY TX REGL MOBILITY AUTH TOLL & VEHICLE REGISTRATI                                                                       | CUSIP: 42934AAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $532624.95    | 0.01%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                        | CUSIP: 452153JZ3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8784953.15   | 0.19%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE                                                                             | CUSIP: 60637ATR3<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2320000 | PA      | $2443263.46   | 0.05%             | 2052-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Allen OH Hospital Facilities Revenue                                   | ALLEN CNTY OH HOSP FACS REVENUE                                                                                                    | CUSIP: 01757LGE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3055000 | PA      | $3059449.61   | 0.07%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 1675935S7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3222732.30   | 0.07%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                                                                                                   | CUSIP: 93978TS59<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   4688691 | PA      | $4408820.07   | 0.09%             | 2035-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: SS30EP8   IRS USD R F  2.56500 IS30EP8 CCPINFLATIONZERO / Short: SS30EP8   IRS USD P V 12MUSCPI IS30EQ9 CCPINFLATIONZERO     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  95110000 | OU      | $-115239.08   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | MARYLAND ST DEPT OF TRANSPRTN                                                                                                      | CUSIP: 57421FAU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039609.00   | 0.02%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                                                                                      | CUSIP: 70917SS61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2720000 | PA      | $2515428.26   | 0.05%             | 2042-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                                                                                           | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   4920000 | PA      | $5020018.19   | 0.11%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Cobb County/The                                         | COBB CNTY GA DEV AUTH EDUCTNL FACS REVENUE                                                                                         | CUSIP: 190782AQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007694.70   | 0.02%             | 2045-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Gulfport MS                                                              | GULFPORT MS HOSP FAC REVENUE                                                                                                       | CUSIP: 402682CT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1764075.00   | 0.04%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA                                                           | LOS ANGELES CA                                                                                                                     | CUSIP: 544351SF7<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |  23785000 | PA      | $24264503.22  | 0.52%             | 2026-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532LW2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2640000 | PA      | $2777021.81   | 0.06%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: SS309L9   IRS USD R F  3.78500 IS309L9 CCPOIS / Short: SS309L9   IRS USD P V 00MSOFR IS309M0 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  21100000 | OU      | $228277.62    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                                                                                                    | CUSIP: 546399UU8<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005854.90   | 0.02%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                                                                                           | CUSIP: 67884XCV7<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   4245000 | PA      | $4358548.66   | 0.09%             | 2037-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                      | CUSIP: 592647MH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004357.30   | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA ST PUBLIC FACS AUTHSOL WST DISP FAC REVENUE                                                                              | CUSIP: 54640TAK5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |  22000000 | PA      | $22064968.20  | 0.47%             | 2043-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP PRIV ACTIVITY REVENUE                                                                                    | CUSIP: 57422JBH0<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10100178.00  | 0.22%             | 2028-11-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Polk County Industrial Development Authority/FL                                  | POLK CNTY FL INDL DEV AUTH                                                                                                         | CUSIP: 731120NQ0<br>LEI: 549300UTRO4TAORRAL04 | Long             | DBT              | MUN               | US        |   1905000 | PA      | $1104900.00   | 0.02%             | 2033-01-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | CONNECTICUT ST SPL TAX OBLIG REVENUE                                                                                               | CUSIP: 207758Q55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10712607.00  | 0.23%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                                                                                        | CUSIP: 64966QMA5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3130000 | PA      | $3208255.63   | 0.07%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND                                    | Nuveen AMT-Free Quality Municipal Income Fund                                                                                      | CUSIP: 670657774<br>LEI: 549300OTYQOOXS64NI63 | Long             | DBT              | MUN               | US        |  12900000 | PA      | $12900000.00  | 0.28%             | 2029-03-01      | Floating      | 2.37%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE                                                                                     | CUSIP: 392275EW9<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   2485000 | PA      | $2687255.64   | 0.06%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily ML Certificates                                          | FREDDIE MAC STRUCTURED PASS THROUGH CERT                                                                                           | CUSIP: 3137HDJL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |   2095434 | PA      | $2085958.79   | 0.04%             | 2042-04-25      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                   | CUSIP: 63608TAQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $1268874.10   | 0.03%             | 2035-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447P7M7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2720000 | PA      | $2732631.68   | 0.06%             | 2027-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447TL27<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $962713.80    | 0.02%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 6461365E7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3885000 | PA      | $4063969.13   | 0.09%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spokane County School District No 81 Spokane                                     | SPOKANE CNTY WA SCH DIST #81 SPOKANE                                                                                               | CUSIP: 848712PU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9616835.00   | 0.21%             | 2031-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                                                                                                 | CUSIP: 19648FJQ8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069925.40   | 0.02%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                                                                                             | CUSIP: 613603ZZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1710000 | PA      | $1827126.45   | 0.04%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                                        | CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE                                                                                         | CUSIP: 158862CB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11680000 | PA      | $11887629.52  | 0.25%             | 2052-09-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                                                                                         | CUSIP: 64972JTB4<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1053610.69   | 0.02%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                  | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1510390.83   | 0.03%             | 2052-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                                                                                      | CUSIP: 52349EET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2975000 | PA      | $2985092.09   | 0.06%             | 2029-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Hudson Yards Infrastructure Corp                                                 | HUDSON YARDS INFRASTRUCTURE CORP NY 2ND INDENTURE REVENUE                                                                          | CUSIP: 44420RAY6<br>LEI: 549300EE2HJ67TPURL87 | Long             | DBT              | MUN               | US        |   6880000 | PA      | $7028667.17   | 0.15%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                           | CCO Holdings LLC / CCO Holdings Capital Corp                                                                                       | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7730000 | PA      | $6879777.30   | 0.15%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS2Y9Y5   IRS USD R V 00MSOFR IS2Y9Z6 CCPOIS / Short: BS2Y9Y5   IRS USD P F  3.30384 IS2Y9Y5 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  29900000 | OU      | $1154465.73   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH SALES TAX REVENUE                                                                                            | CUSIP: 64990AKE4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   6990000 | PA      | $7123909.53   | 0.15%             | 2040-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                       | MARYLAND STADIUM AUTH BUILT TO LEARN REVENUE                                                                                       | CUSIP: 574294CJ1<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3254879.70   | 0.07%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                                                                                              | CUSIP: 73358XAS1<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2980000 | PA      | $2946051.54   | 0.06%             | 2037-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Tacoma WA                                                                | PORT TACOMA WA REVENUE                                                                                                             | CUSIP: 735439PT2<br>LEI: 549300MLYO8L64QKXV81 | Long             | DBT              | MUN               | US        |   6835000 | PA      | $6915525.87   | 0.15%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                       | CUSIP: 45204E6Q6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    675000 | PA      | $678908.99    | 0.01%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Hospital District                                                  | HARRIS CNTY TX HOSP DIST REVENUE                                                                                                   | CUSIP: 41415WCE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2492375.55   | 0.05%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532FT6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1442777.70   | 0.03%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                     | CUSIP: 650116FQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7015000 | PA      | $7055447.79   | 0.15%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                        | CUSIP: 452153JY6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   7530000 | PA      | $7678861.32   | 0.16%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE                                                                               | CUSIP: 709224LK3<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |  10210000 | PA      | $10291664.69  | 0.22%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                                                                                         | CUSIP: 70869PJU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6075038.40   | 0.13%             | 2027-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fayette County Development Authority                                             | FAYETTE CNTY GA DEV AUTH REVENUE                                                                                                   | CUSIP: 31222PAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $280196.55    | 0.01%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                   | CUSIP: 63608TAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000260.20   | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE                                                                                     | CUSIP: 392274W36<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6529978.13   | 0.14%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                                                                                                    | CUSIP: 888808HL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2620000 | PA      | $2663099.52   | 0.06%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                                                                                        | CUSIP: 594698QA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5770000 | PA      | $5876953.30   | 0.13%             | 2026-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 6461363Y5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   8605000 | PA      | $9041418.06   | 0.19%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Platte River Metropolitan District                                               | PLATTE RVR MET DIST CO                                                                                                             | CUSIP: 727810AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1603000 | PA      | $1602722.04   | 0.03%             | 2053-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE                                                                                    | CUSIP: 74440DEC4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   5280000 | PA      | $5641124.02   | 0.12%             | 2054-04-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Irving Hospital Authority                                                        | IRVING TX HOSP AUTH                                                                                                                | CUSIP: 463794JW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $608819.82    | 0.01%             | 2029-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JCC8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000888.50   | 0.11%             | 2053-07-01      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                                                                                       | CUSIP: 928104MU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1671362.88   | 0.04%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp Enhanced Receipt                                 | FEDERAL HOME LOAN MORTGAGE CORP ENHANCED RECEIPT                                                                                   | CUSIP: 3137ERAD4<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   5560015 | PA      | $5009550.66   | 0.11%             | 2035-11-15      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                     | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE                                                                                   | CUSIP: 39160CBK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023239.60   | 0.02%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Lakeland FL                                                              | LAKELAND FL HOSP SYS REVENUE                                                                                                       | CUSIP: 511665KQ3<br>LEI: XRPK4ZALF4437WO3JQ94 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2021967.20   | 0.04%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                                                                                       | CUSIP: 928104MT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1835347.85   | 0.04%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                      | OSCEOLA CNTY FL TRANSPRTN REVENUE                                                                                                  | CUSIP: 688031EN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $857316.34    | 0.02%             | 2033-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE                                                                                    | CUSIP: 70870JEM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15140000 | PA      | $15043985.15  | 0.32%             | 2047-11-15      | Floating      | 1.17%                 | No            |                  2 | On Loan: No      |
| North Broward Hospital District                                                  | NORTH BROWARD FL HOSP DIST                                                                                                         | CUSIP: 657883DD3<br>LEI: 549300HZL14T4Q7UDP41 | Long             | DBT              | MUN               | US        |   3180000 | PA      | $3263826.71   | 0.07%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | CONNECTICUT ST                                                                                                                     | CUSIP: 20772KJD2<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   2565000 | PA      | $2655938.74   | 0.06%             | 2040-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Pasco FL                                                               | PASCO CNTY FL HOSP REVENUE                                                                                                         | CUSIP: 70252CAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  25000000 | PA      | $27001475.00  | 0.58%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS31F03   IRS USD R V 12MUSCPI IS31F14 CCPINFLATIONZERO / Short: BS31F03   IRS USD P F  2.48500 IS31F03 CCPINFLATIONZERO     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  81000000 | OU      | $234793.89    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                      | CUSIP: 59261ANG8<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   7190000 | PA      | $7238428.25   | 0.15%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                                                                                           | CUSIP: 19645URD8<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2125017.72   | 0.05%             | 2034-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                     | CUSIP: 63607WAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7190014 | PA      | $264062.61    | 0.01%             | 2051-07-01      | Variable      | 0.49%                 | No            |                  2 | On Loan: No      |
| North Broward Hospital District                                                  | NORTH BROWARD FL HOSP DIST                                                                                                         | CUSIP: 657883DC5<br>LEI: 549300HZL14T4Q7UDP41 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3087364.80   | 0.07%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV UNIV REVENUE                                                                                     | CUSIP: 71780TAS2<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1895188.92   | 0.04%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                   | VAUXMONT MET DIST CO                                                                                                               | CUSIP: 92242SAF0<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    270000 | PA      | $277658.44    | 0.01%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447P7L9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4513757.40   | 0.10%             | 2026-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | ALLEGHENY CNTY PA HOSP DEV AUTH                                                                                                    | CUSIP: 01728A5V4<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9886380.00   | 0.21%             | 2047-11-15      | Floating      | 2.62%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                      | CUSIP: 59261A5B9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   4060000 | PA      | $4115721.47   | 0.09%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crowley Independent School District                                              | CROWLEY TX INDEP SCH DIST                                                                                                          | CUSIP: 228130DV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4980000 | PA      | $4983889.38   | 0.11%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Detroit Downtown Development Authority                                           | DETROIT MI DOWNTOWN DEV AUTH TAX INCREMENT REVENUE                                                                                 | CUSIP: 251135HU6<br>LEI: 549300WO3NSMP6FECO66 | Long             | DBT              | MUN               | US        |   3295000 | PA      | $3319827.83   | 0.07%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447TK36<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2082769.40   | 0.04%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Allen OH Hospital Facilities Revenue                                   | ALLEN CNTY OH HOSP FACS REVENUE                                                                                                    | CUSIP: 01757LFS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8465000 | PA      | $8827494.16   | 0.19%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                                                                                       | CUSIP: 928104MR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1315793.63   | 0.03%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                     | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE                                                                                   | CUSIP: 39160CAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1258195.80   | 0.03%             | 2038-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Ward ND                                                                | WARD CNTY ND HLTH CARE FACS REVENUE                                                                                                | CUSIP: 934023ER9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1672074.59   | 0.04%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS FIN AUTH SURFACE FREIGHT TRANSFER FACS REVENUE                                                                            | CUSIP: 45203PAE4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012354.70   | 0.02%             | 2043-12-01      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE                                                                               | CUSIP: 292723AZ6<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10176702.00  | 0.22%             | 2054-04-01      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                                                                                                    | CUSIP: 888808HD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2208847.01   | 0.05%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 1675934K5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1651189.28   | 0.04%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                                                                                         | CUSIP: 735389P93<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5309377.50   | 0.11%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX HOSP REVENUE                                                                                | CUSIP: 645424AJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2859866.90   | 0.06%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yuma Industrial Development Authority                                            | YUMA AZ INDL DEV AUTH HOSP REVENUE                                                                                                 | CUSIP: 988514CZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2849087.18   | 0.06%             | 2043-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 64613CEX2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3657185.51   | 0.08%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Private Colleges & Universities Authority                                        | PRIV CLGS & UNIVS AUTH GA                                                                                                          | CUSIP: 74265L2Y3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  25000000 | PA      | $27771570.00  | 0.59%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                                                                                        | CUSIP: 594698QB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7635000 | PA      | $7839725.65   | 0.17%             | 2027-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | CENTRL PUGET SOUND WA REGL TRANSIT AUTH SALES & USE TAX                                                                            | CUSIP: 15504RGH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7625000 | PA      | $7655894.21   | 0.16%             | 2050-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                                                                                         | CUSIP: 64972JTP3<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   4985000 | PA      | $5153203.37   | 0.11%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                              | SAINT CLOUD MN HLTH CARE REVENUE                                                                                                   | CUSIP: 78916VEQ9<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3321026.15   | 0.07%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                        | WISCONSIN CENTER DIST WI TAX REVENUE                                                                                               | CUSIP: 976595FH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $1755626.47   | 0.04%             | 2030-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | Washington State Housing Finance Commission                                                                                        | CUSIP: 93978T4N6<br>LEI: 549300YL1HU59NREG764 | Long             | ABS-MBS          | CORP              | US        |   9858745 | PA      | $974730.20    | 0.02%             | 2037-04-20      | Variable      | 1.45%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584YYV5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    950000 | PA      | $1014778.03   | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE                                                                             | CUSIP: 837032BM2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11074355.00  | 0.24%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV                                                                                        | CUSIP: 20774Y4G9<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1136595.46   | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | FLORIDA ST MUNI PWR AGY                                                                                                            | CUSIP: 342816F91<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1759046.63   | 0.04%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584X8G9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   7565000 | PA      | $7565000.00   | 0.16%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                                                                                           | CUSIP: 717883ZZ8<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2155495.20   | 0.05%             | 2038-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pittsburgh Water & Sewer Authority                                               | PITTSBURGH PA WTR & SWR AUTH                                                                                                       | CUSIP: 725304XD6<br>LEI: 54930034DVH6W22T1E86 | Long             | DBT              | MUN               | US        |  26000000 | PA      | $25701260.00  | 0.55%             | 2040-09-01      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                        | WISCONSIN CENTER DIST WI TAX REVENUE                                                                                               | CUSIP: 976595FK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2107795.20   | 0.05%             | 2032-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Frisco TX                                                                | FRISCO TX                                                                                                                          | CUSIP: 3587762Z4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1194171.77   | 0.03%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                       | MARYLAND STADIUM AUTH BUILT TO LEARN REVENUE                                                                                       | CUSIP: 574294CM4<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2605975.08   | 0.06%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                                                                                         | CUSIP: 70869PHX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $991951.79    | 0.02%             | 2042-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE                                                                             | CUSIP: 60637ATK8<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4826063.00   | 0.10%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Fairfax VA                                                             | FAIRFAX CNTY VA                                                                                                                    | CUSIP: 30382ANC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2764264.80   | 0.06%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                                                                                         | CUSIP: 7353892Q0<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   4140000 | PA      | $4252259.83   | 0.09%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                     | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE                                                                                   | CUSIP: 39160CAJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1830473.39   | 0.04%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV UNIV REVENUE                                                                                     | CUSIP: 71780TAR4<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1773269.74   | 0.04%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV UNIV REVENUE                                                                                     | CUSIP: 71780TAQ6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1852075.05   | 0.04%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JFX9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1548117.60   | 0.03%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                                                                                                    | CUSIP: 888808HC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4090533.20   | 0.09%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                              | CUSIP: 167505US3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013489.80   | 0.02%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                        | CUSIP: 4521525N7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $8974601.10   | 0.19%             | 2033-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS30759   IRS USD R V 12MUSCPI IS30760 CCP INFLATION ZERO / Short: BS30759   IRS USD P F  2.45000 BS30759 CCP INFLATION ZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  64980000 | OU      | $292853.16    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                     | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE                                                                                   | CUSIP: 39160CAL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1295764.75   | 0.03%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                       | CHICAGO IL MET WTR RECLAMATION DIST GREATER CHICAGO                                                                                | CUSIP: 167560MS7<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |   4835000 | PA      | $5586159.80   | 0.12%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                   | VAUXMONT MET DIST CO                                                                                                               | CUSIP: 92242SBB8<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    285000 | PA      | $302204.85    | 0.01%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montana Facility Finance Authority                                               | MONTANA ST FAC FIN AUTH REVENUE                                                                                                    | CUSIP: 61204KKT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6950000 | PA      | $7151836.34   | 0.15%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                                                                                             | CUSIP: 613603YJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1827732.20   | 0.04%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE                                                                                     | CUSIP: 392274Y75<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   5700000 | PA      | $5721675.96   | 0.12%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                                                                      | CUSIP: 13063D3R7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1086772.50   | 0.02%             | 2033-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584YB65<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    315000 | PA      | $342832.14    | 0.01%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 1675933F7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3160000 | PA      | $2875664.46   | 0.06%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Stratford CT                                                             | STRATFORD CT                                                                                                                       | CUSIP: 8628116D3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2098739.46   | 0.04%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                              | NASSAU CNTY NY                                                                                                                     | CUSIP: 63165T5R2<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |   4120000 | PA      | $4305286.70   | 0.09%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Ports Authority                                                   | SOUTH CAROLINA ST PORTS AUTH PORTS REVENUE                                                                                         | CUSIP: 837123HC5<br>LEI: 5493001YXW15H9J1M026 | Long             | DBT              | MUN               | US        |   1945000 | PA      | $2016460.66   | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                  | CUSIP: 93978HSJ5<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   8005000 | PA      | $8151161.69   | 0.17%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                          | MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE                                                                                   | CUSIP: 576000RT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5005861.50   | 0.11%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH DOCK & WHARF FAC REVENUE                                                                               | CUSIP: 64578TAA2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1324363.30   | 0.03%             | 2035-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                                                                                             | CUSIP: 613603YM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3155836.50   | 0.07%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2634891.00   | 0.06%             | 2055-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                     | CUSIP: 63607WAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5555427 | PA      | $5298761.80   | 0.11%             | 2051-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Arizona Health Facilities Authority                                              | ARIZONA ST HLTH FACS AUTH                                                                                                          | CUSIP: 040507QB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2785000 | PA      | $2785000.00   | 0.06%             | 2046-01-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                     | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE                                                                                   | CUSIP: 39160CBE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1457388.94   | 0.03%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Municipal Electric Agency                                               | ILLINOIS ST MUNI ELEC AGY PWR SPLY                                                                                                 | CUSIP: 452024HX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12885000 | PA      | $12898064.10  | 0.28%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS2Y860   IRS USD R V 00MSOFR IS2Y871 CCPOIS / Short: BS2Y860   IRS USD P F  3.54300 IS2Y860 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  61200000 | OU      | $510079.70    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Hidalgo County Regional Mobility Authority                                       | HIDALGO CNTY TX REGL MOBILITY AUTH TOLL & VEHICLE REGISTRATI                                                                       | CUSIP: 42934AAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $843580.14    | 0.02%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE                                                                                   | CUSIP: 19645RPQ8<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   5025000 | PA      | $5025000.00   | 0.11%             | 2039-01-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                   | CUSIP: 63608TAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6877000 | PA      | $6865007.20   | 0.15%             | 2035-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                      | CUSIP: 592647MR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17600000 | PA      | $19141457.28  | 0.41%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                                                                                            | CUSIP: 04780MF20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2765000 | PA      | $2839262.92   | 0.06%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447TJ87<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1304574.94   | 0.03%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                         | CUSIP: 74442PG58<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $892400.40    | 0.02%             | 2038-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                     | CUSIP: 650116AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2095000 | PA      | $2028311.54   | 0.04%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bridgeport CT                                                            | BRIDGEPORT CT                                                                                                                      | CUSIP: 108152DN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $519136.40    | 0.01%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                                                                                                     | CUSIP: 795576LD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17000000 | PA      | $16951609.50  | 0.36%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Suffolk Tobacco Asset Securitization Corp                                        | SUFFOLK NY TOBACCO ASSET SECURITIZATION CORP TOBACCO SETTLEM                                                                       | CUSIP: 864809BM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $2178417.28   | 0.05%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI MF AFFORDABLE HSG                                                                                               | CUSIP: 74448FAC5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4119537 | PA      | $3884320.09   | 0.08%             | 2039-09-25      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                      | BROWARD CNTY FL ARPT SYS REVENUE                                                                                                   | CUSIP: 114894ZM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1222474.25   | 0.03%             | 2026-10-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                        | CUSIP: 452153KX6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9463101.30   | 0.20%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH ECON DEV REVENUE                                                                                          | CUSIP: 040523AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $60000.00     | 0.00%             | 2026-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                  | CUSIP: 93978HNX9<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   8590000 | PA      | $8593813.10   | 0.18%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447PYK1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4990000 | PA      | $4997912.14   | 0.11%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                                                                                            | CUSIP: 340618DR5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |  13920000 | PA      | $13818222.53  | 0.30%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532NE0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   7165000 | PA      | $7421180.99   | 0.16%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH FAC REVENUE                                                                                               | CUSIP: 45471CBN7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    875000 | PA      | $905814.53    | 0.02%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV                                                                        | CUSIP: 70868YAR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5232490.00   | 0.11%             | 2040-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | AUSTIN TX                                                                                                                          | CUSIP: 052397AL0<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8028152.00   | 0.17%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                                                                                                   | CUSIP: 7352403F8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4455000 | PA      | $4615883.86   | 0.10%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA Wastewater System Revenue                                 | LOS ANGELES CA WSTWTR SYS REVENUE                                                                                                  | CUSIP: 53945CMS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1601049.90   | 0.03%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Medford Hospital Facilities Authority                                            | MEDFORD OR HOSP FACS AUTH REVENUE                                                                                                  | CUSIP: 584283GR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1100343.44   | 0.02%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ward ND                                                                | WARD CNTY ND HLTH CARE FACS REVENUE                                                                                                | CUSIP: 934023EQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3018315.60   | 0.06%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                                                                                       | CUSIP: 649519DH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11555000 | PA      | $10535212.32  | 0.23%             | 2069-09-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV CHRT SCH REVENUE                                                                                 | CUSIP: 71780CBC3<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   3445000 | PA      | $3346217.04   | 0.07%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Harbor System Revenue                                            | HAWAII ST HARBOR SYS REVENUE                                                                                                       | CUSIP: 41981THF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2765000 | PA      | $2725352.11   | 0.06%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | N TX TOLLWAY AUTH REVENUE                                                                                                          | CUSIP: 66285WS72<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |  23690000 | PA      | $26386817.48  | 0.56%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292BK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6545000 | PA      | $4870287.65   | 0.10%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV                                                                        | CUSIP: 70868YAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3350000 | PA      | $3555928.52   | 0.08%             | 2038-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH ENVIRONMENTAL FACS REVE                                                                       | CUSIP: 92810RAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6001728.00   | 0.13%             | 2052-11-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                                                                                         | CUSIP: 64972JJV1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |  17000000 | PA      | $18420674.70  | 0.39%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Broward Hospital District                                                  | SOUTH BROWARD FL HOSP DIST                                                                                                         | CUSIP: 836753JU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3350000 | PA      | $3356904.35   | 0.07%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOTEL REVENUE                                                                                                   | CUSIP: 74447DAE7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   6955000 | PA      | $7057418.63   | 0.15%             | 2042-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Hospitals & Higher Education Facilities Authority of Philadelphia/The            | PHILADELPHIA PA HOSPS & HGR EDU FACS AUTH                                                                                          | CUSIP: 717825QB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9623678.00   | 0.21%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532GD0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1682063.84   | 0.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                                                                                       | CUSIP: 649519DC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $399983.60    | 0.01%             | 2040-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532BK9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2063695.20   | 0.04%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                                                                                             | CUSIP: 613603XC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1433950.25   | 0.03%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV UNIV REVENUE                                                                                     | CUSIP: 71780TAN3<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052768.10   | 0.02%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JFS0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1212410.59   | 0.03%             | 2055-11-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SPL REVENUE                                                                                                     | CUSIP: 74447TAD4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1698000 | PA      | $1143469.88   | 0.02%             | 2031-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH STUDENT HSG REVENUE                                                                                            | CUSIP: 45471FAV3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1510229.17   | 0.03%             | 2044-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                                                                                         | CUSIP: 70869PJT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4566997.35   | 0.10%             | 2026-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gilbert Water Resource Municipal Property Corp                                   | GILBERT AZ WTR RESOURCE MUNI PROPERTY CORP UTILITY SYS REVEN                                                                       | CUSIP: 37530ACB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1805000 | PA      | $1967552.52   | 0.04%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Arizona Lottery Revenue                                                 | ARIZONA ST LOTTERY REVENUE                                                                                                         | CUSIP: 040624BL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5753553.30   | 0.12%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                                                                                                 | CUSIP: 249182KY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10060035.00  | 0.22%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Rochester NY                                                             | ROCHESTER NY                                                                                                                       | CUSIP: 771694RA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7010976.70   | 0.15%             | 2025-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                     | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE                                                                                   | CUSIP: 39160CAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3220000 | PA      | $3332830.09   | 0.07%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp                                          | SUFFOLK REGL OFF-TRACK BETTING CORP NY REV                                                                                         | CUSIP: 86480TAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036293.80   | 0.02%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNELAUTH PAYROLL MOBILITY TAX                                                                             | CUSIP: 89602HEW3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  14000000 | PA      | $13999763.40  | 0.30%             | 2026-04-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                             | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE                                                                        | CUSIP: 603827Q74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2049182.00   | 0.04%             | 2044-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                     | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE                                                                                   | CUSIP: 39160CBJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030734.00   | 0.02%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV UNIV REVENUE                                                                                     | CUSIP: 71780TAT0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1820488.08   | 0.04%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV                                                                                        | CUSIP: 20774Y4R5<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1505926.05   | 0.03%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                                                                                       | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1992082.00   | 0.04%             | 2054-10-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP FACS REVENUE                                                                             | CUSIP: 83703EMX0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3649812.60   | 0.08%             | 2043-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584X8L8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9405477.90   | 0.20%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                              | PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE                                                                                     | CUSIP: 745160TW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1881447.60   | 0.04%             | 2027-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | MARYLAND ST DEPT OF TRANSPRTN CONSOL TRANSPRTN                                                                                     | CUSIP: 574204H48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6550000 | PA      | $6572652.52   | 0.14%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                                                                            | CUSIP: 89602HAG2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  14725000 | PA      | $12391859.09  | 0.27%             | 2034-05-15      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                     | CUSIP: 63607WAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4965534 | PA      | $4544066.17   | 0.10%             | 2039-08-20      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                                                                                            | CUSIP: 35833JAJ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1897236 | PA      | $1555777.38   | 0.03%             | 2038-06-25      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                                                                                         | CUSIP: 735389D96<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   4015000 | PA      | $4034530.97   | 0.09%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                          | PHILADELPHIA PA                                                                                                                    | CUSIP: 717813B40<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4720724.55   | 0.10%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 1675932J0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2206605.72   | 0.05%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE                                                                                     | CUSIP: 392275EB5<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2151893.20   | 0.05%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                          | CUSIP: 5444452Z1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4015000 | PA      | $4157775.01   | 0.09%             | 2044-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                   | CUSIP: 63608TAK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    956000 | PA      | $952253.82    | 0.02%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| El Paso County Hospital District                                                 | EL PASO CNTY TX HOSP DIST                                                                                                          | CUSIP: 283590HX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2071503.20   | 0.04%             | 2040-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                   | CUSIP: 13033DAJ4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   3772382 | PA      | $3515663.84   | 0.08%             | 2036-08-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                       | CUSIP: 45204FVS1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400390.12    | 0.01%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                                                                                        | CUSIP: 4423487V4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9135000 | PA      | $9182013.28   | 0.20%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                              | NASSAU CNTY NY                                                                                                                     | CUSIP: 63165T5P6<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |   8815000 | PA      | $9315343.81   | 0.20%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hidalgo County Regional Mobility Authority                                       | HIDALGO CNTY TX REGL MOBILITY AUTH TOLL & VEHICLE REGISTRATI                                                                       | CUSIP: 42934AAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $529812.75    | 0.01%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584Y4N6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018569.60   | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX HOSP REVENUE                                                                                | CUSIP: 645424AF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2505009.00   | 0.05%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                                                                                            | CUSIP: 04780ME62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1652214.32   | 0.04%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDUCTNL FAC REVENUE                                                                                             | CUSIP: 74443DHG9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5891475.60   | 0.13%             | 2042-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                                                                               | CUSIP: 64990FK78<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  19200000 | PA      | $19070146.56  | 0.41%             | 2037-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Industrial Facilities & Pollution Control Financing Authority  | CUMBERLAND CNTY NC INDL FACS & POLL CONTROL FING AUTH SOL WS                                                                       | CUSIP: 230589AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5390000 | PA      | $5392081.08   | 0.12%             | 2027-12-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                       | CUSIP: 45204E6P8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350080.36    | 0.01%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | CONNECTICUT ST SPL TAX OBLIG REVENUE                                                                                               | CUSIP: 207758H55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1037181.17   | 0.02%             | 2039-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | MET ATLANTA RAPID TRANSIT AUTH GA SALES TAX REVENUE                                                                                | CUSIP: 591746CM2<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1253660.65   | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                                                                                              | CUSIP: 73358WR63<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4084180.40   | 0.09%             | 2026-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cobb County Kennestone Hospital Authority                                        | COBB CNTY GA KENNESTONE HOSP AUTH                                                                                                  | CUSIP: 190813SM8<br>LEI: 549300TB04LETJYNFR44 | Long             | DBT              | MUN               | US        |    225000 | PA      | $243994.23    | 0.01%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | INTERMOUNTAIN PWR AGY UT PWR SPLY REVENUE                                                                                          | CUSIP: 45884AF81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2360000 | PA      | $2413736.26   | 0.05%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Consolidated Govt of the City of Baton Rouge & Parish of E Baton Rouge Sales Tax | E BATON ROUGE PARISH LA SALES TAX REVENUE                                                                                          | CUSIP: 270764EM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2535000 | PA      | $2538776.14   | 0.05%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                          | CUSIP: 8371516L8<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   3695000 | PA      | $3761276.48   | 0.08%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | MET ATLANTA RAPID TRANSIT AUTH GA SALES TAX REVENUE                                                                                | CUSIP: 591746CN0<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1257550.91   | 0.03%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                       | CUSIP: 646140JX2<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2186290.00   | 0.05%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                       | CUSIP: 64542UFW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $789146.40    | 0.02%             | 2032-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                                                                                          | CUSIP: 679111F66<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1138223.04   | 0.02%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | PHILADELPHIA PA WTR & WSTWTR REVENUE                                                                                               | CUSIP: 717893ZZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7750000 | PA      | $7787461.18   | 0.17%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | ENERGY N W WA ELEC REVENUE                                                                                                         | CUSIP: 29270C4J1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5120000 | PA      | $5357916.16   | 0.11%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                                                                                                    | CUSIP: 546399UW4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004354.30   | 0.02%             | 2045-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 6461362C4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    975000 | PA      | $992078.20    | 0.02%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Health & Educational Facilities Authority                           | SOUTH DAKOTA ST HLTH & EDUCTNL FACS AUTH                                                                                           | CUSIP: 83755VC85<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3508570.50   | 0.08%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                                                                                         | CUSIP: 735389Q92<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4413473.50   | 0.09%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                                                  | Long: BS33B45   CDS USD R V 03MEVENT IS33B56 CCPCDX / Short: BS33B45   CDS USD P F  5.00000 IS33B45 CCPCDX                         | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |  42240000 | OU      | $-3240281.85  | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REV                                                                                                    | CUSIP: 64577XEU6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3126318.00   | 0.07%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | DALLAS TX                                                                                                                          | CUSIP: 235219VF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2115167.60   | 0.05%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cobb County Kennestone Hospital Authority                                        | COBB CNTY GA KENNESTONE HOSP AUTH                                                                                                  | CUSIP: 190813SN6<br>LEI: 549300TB04LETJYNFR44 | Long             | DBT              | MUN               | US        |    250000 | PA      | $270751.58    | 0.01%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citibank NA                                                                      | Long: IS1WUB4   IRS USD R V 01MMUNIP IS1WUC5 VANILLA / Short: IS1WUB4   IRS USD P F  1.12500 IS1WUB4 VANILLA                       | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DIR              |  | US        |  57160000 | OU      | $3721110.04   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                                                                                            | CUSIP: 3137H9JQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3630656 | PA      | $241442.62    | 0.01%             | 2036-09-25      | Variable      | 0.98%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                                 | Fannie Mae Connecticut Avenue Securities                                                                                           | CUSIP: 30711XBM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    125032 | PA      | $128697.54    | 0.00%             | 2028-08-25      | Floating      | 11.17%                | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                                       | NEW ORLEANS LA AVIATION BRD                                                                                                        | CUSIP: 64763HMF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1835000 | PA      | $1965765.77   | 0.04%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                                                                                          | CUSIP: 041807JR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $833449.65    | 0.02%             | 2034-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| South Jersey Transportation Authority                                            | S JERSEY NJ TRANSPRTN AUTH TRANSPRTN SYS REVENUE                                                                                   | CUSIP: 838536MG2<br>LEI: 549300W8SZI2CAOKT956 | Long             | DBT              | MUN               | US        |    450000 | PA      | $478738.26    | 0.01%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Infirmary Health System Special Care Facilities Financing Authority of Mobile    | INFIRMARY HLTH SYS AL SPL CARE FACS FING AUTH REVENUE                                                                              | CUSIP: 45663NBZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $925531.30    | 0.02%             | 2039-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp II                               | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP II GAS SPLY REVENU                                                                       | CUSIP: 88255QAC3<br>LEI: 8E22IH4TQD26WYDGHB25 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2006766.40   | 0.04%             | 2027-09-15      | Floating      | 3.94%                 | No            |                  2 | On Loan: No      |
| Sacramento County Water Financing Authority                                      | SACRAMENTO CNTY CA WTR FING AUTH REVENUE                                                                                           | CUSIP: 78615RCV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $13553556.00  | 0.29%             | 2039-06-01      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                                                                                    | CUSIP: 544525C63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2142843.79   | 0.05%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSONCNTY TN HLTH & EDUCTNL FAC BRD                                                                        | CUSIP: 592041A31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $6018820.50   | 0.13%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                                                                                              | CUSIP: 73358W3W2<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2915000 | PA      | $2814565.72   | 0.06%             | 2037-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                                                                                                     | CUSIP: 795576JM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3365000 | PA      | $3558654.74   | 0.08%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Municipal Gas Agency                                                   | MINNESOTA MUNI GAS AGY COMMODITY SPLY REVENUE                                                                                      | CUSIP: 60406UAM9<br>LEI: 549300SISI6N1C6S3136 | Long             | DBT              | MUN               | US        |   5425000 | PA      | $5481742.25   | 0.12%             | 2052-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                                   | E-470 CO PUBLIC HIGHWAY AUTH                                                                                                       | CUSIP: 26822LMX9<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3976600.00   | 0.09%             | 2039-09-01      | Floating      | 3.69%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                                                                                       | CUSIP: 928104MP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1464813.28   | 0.03%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH HOSP REVENUE                                                                                        | CUSIP: 56678PCF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050664.10   | 0.02%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX HOSP REVENUE                                                                                | CUSIP: 645424AG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2044877.60   | 0.04%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE                                                                                       | CUSIP: 39081JAL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2365000 | PA      | $2406217.46   | 0.05%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                                                                                                | CUSIP: 645918Z63<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500650.20    | 0.01%             | 2026-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                  | CUSIP: 09182TCR6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  11435000 | PA      | $12061089.12  | 0.26%             | 2049-06-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                  | CUSIP: 93978HSF3<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2261546.73   | 0.05%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fayette County Development Authority                                             | FAYETTE CNTY GA DEV AUTH REVENUE                                                                                                   | CUSIP: 31222PAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $398496.26    | 0.01%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JFD3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   8015000 | PA      | $8525029.72   | 0.18%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                                              | CommonSpirit Health                                                                                                                | CUSIP: 20268JAE3<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |   4513000 | PA      | $4476580.09   | 0.10%             | 2025-10-01      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                   | CUSIP: 63608TAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007975.20   | 0.02%             | 2030-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Allen OH Hospital Facilities Revenue                                   | ALLEN CNTY OH HOSP FACS REVENUE                                                                                                    | CUSIP: 01757LGU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1687996.01   | 0.04%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE                                                                                 | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |  50000000 | PA      | $53678905.00  | 1.15%             | 2054-02-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV UNIV REVENUE                                                                                     | CUSIP: 71780TAU7<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2185861.89   | 0.05%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE                                                                                       | CUSIP: 39081JHS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2365000 | PA      | $2658177.93   | 0.06%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Township of East Brunswick NJ                                                    | EAST BRUNSWICK TWP NJ                                                                                                              | CUSIP: 271281B48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9005502.60   | 0.19%             | 2025-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BAYLOR SCOTT & WHITE HOL                                                         | Baylor Scott & White Holdings                                                                                                      | CUSIP: 072863AH6<br>LEI: 549300JQDKSBWYRGGV95 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4394050.00   | 0.09%             | 2030-11-15      | Fixed         | 1.78%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 6461363L3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3050000 | PA      | $3101126.24   | 0.07%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 6461364D0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5230000 | PA      | $5486139.25   | 0.12%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                                                                      | CUSIP: 13063D5R5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10568073.00  | 0.23%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH FAC REVENUE                                                                                               | CUSIP: 45471CBL1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    790000 | PA      | $794243.80    | 0.02%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE                                                                                     | CUSIP: 64971XAN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4860000 | PA      | $5031268.83   | 0.11%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447TK28<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033343.80   | 0.02%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                      | CUSIP: 97712JEG4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3966716.40   | 0.08%             | 2054-08-15      | Floating      | 2.10%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                       | CUSIP: 842469AM0<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2523214.54   | 0.05%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Hoboken NJ                                                               | HOBOKEN NJ                                                                                                                         | CUSIP: 434110XP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15825000 | PA      | $15939155.22  | 0.34%             | 2026-03-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                          | CUSIP: 8371514R7<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1140893.38   | 0.02%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                          | CUSIP: 837151YW3<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   6350000 | PA      | $6415093.85   | 0.14%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE                                                                                     | CUSIP: 392275EY5<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1310581.63   | 0.03%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE                                                                                  | CUSIP: 414009RU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7545000 | PA      | $7548293.39   | 0.16%             | 2049-07-01      | Floating      | 2.77%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                       | CUSIP: 646140JC8<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5736891.60   | 0.12%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JDC7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5006881.50   | 0.11%             | 2054-02-01      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584XMQ1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1935000 | PA      | $1950662.28   | 0.04%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Hotel Occupancy Tax & Special Revenue                         | HOUSTON TX HOTEL OCCUPANCY TAX & SPL REVENUE                                                                                       | CUSIP: 44237NHK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002693.60   | 0.04%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Frederick MD                                                           | FREDERICK CNTY MD                                                                                                                  | CUSIP: 35569PKA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $172560.99    | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE                                                                                    | CUSIP: 84136FBT3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |  13025000 | PA      | $13662306.74  | 0.29%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                   | CUSIP: 13033DAH8<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   9482278 | PA      | $387816.63    | 0.01%             | 2035-03-25      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| South Dakota Health & Educational Facilities Authority                           | SOUTH DAKOTA ST HLTH & EDUCTNL FACS AUTH                                                                                           | CUSIP: 83755VC93<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |   3625000 | PA      | $3733612.25   | 0.08%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | CONNECTICUT ST                                                                                                                     | CUSIP: 20772JT51<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |  14500000 | PA      | $14725508.35  | 0.32%             | 2029-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 167593Z62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $848143.04    | 0.02%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                   | VAUXMONT MET DIST CO                                                                                                               | CUSIP: 92242SAN3<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    646000 | PA      | $482084.86    | 0.01%             | 2050-12-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                          | PHILADELPHIA PA ARPT REVENUE                                                                                                       | CUSIP: 717817XJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10350000 | PA      | $10858978.85  | 0.23%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                      | CUSIP: 59261AQE0<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8772659.60   | 0.19%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV UNIV REVENUE                                                                                     | CUSIP: 71780TAM5<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    835000 | PA      | $868025.67    | 0.02%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                   | VAUXMONT MET DIST CO                                                                                                               | CUSIP: 92242SAV5<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    305000 | PA      | $318894.49    | 0.01%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                                                                                             | CUSIP: 613603A33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1273509.00   | 0.03%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                                                                                      | CUSIP: 93974EHB5<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6500000.00   | 0.14%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOSP REVENUE                                                                                                    | CUSIP: 74442CDJ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    615000 | PA      | $548884.43    | 0.01%             | 2035-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                  | CUSIP: 09182TEC7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3615000 | PA      | $3805854.29   | 0.08%             | 2055-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584YB24<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    325000 | PA      | $332784.86    | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584XWD9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1750000.00   | 0.04%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447TWX7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |  48585000 | PA      | $48940987.15  | 1.05%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hidalgo County Regional Mobility Authority                                       | HIDALGO CNTY TX REGL MOBILITY AUTH TOLL & VEHICLE REGISTRATI                                                                       | CUSIP: 42934AAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $208399.04    | 0.00%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                      | CUSIP: 97712JGV9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5078236.00   | 0.11%             | 2054-08-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Bucks County Industrial Development Authority                                    | BUCKS CNTY PA INDL DEV AUTH HOSP REVENUE                                                                                           | CUSIP: 11861MBJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2012350.20   | 0.04%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bridgeport CT                                                            | BRIDGEPORT CT                                                                                                                      | CUSIP: 108152GR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $272677.70    | 0.01%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                    | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                                                                                       | CUSIP: 514350AG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $223902.19    | 0.00%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Reynoldsburg City School District                                                | REYNOLDSBURG OH CITY SCH DIST                                                                                                      | CUSIP: 761852GC0<br>LEI: 5493008FQ0C4VK7NRG77 | Long             | DBT              | MUN               | US        |   3025000 | PA      | $3099793.73   | 0.07%             | 2030-09-01      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                              | CUSIP: 167505ZA7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7212414.30   | 0.15%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447TK93<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $971555.80    | 0.02%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447TH97<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4340000 | PA      | $4052792.25   | 0.09%             | 2039-06-01      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOSP REVENUE                                                                                                    | CUSIP: 74442CDK7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3335000 | PA      | $2929618.08   | 0.06%             | 2036-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                         | CUSIP: 74442PMN2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3360000 | PA      | $3365626.32   | 0.07%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | KENTUCKY ST ECON DEV FIN AUTH                                                                                                      | CUSIP: 49126KLC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1265258.11   | 0.03%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI POLL CONTROL REVENUE                                                                                            | CUSIP: 74447HAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5315000 | PA      | $5275959.73   | 0.11%             | 2046-10-01      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                      | CUSIP: 592647MU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8973046.25   | 0.19%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP WTR SYS REVENUE                                                                                         | CUSIP: 71883RPT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $437051.08    | 0.01%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                                                                                         | CUSIP: 735389V88<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5025783.50   | 0.11%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                        | WISCONSIN CENTER DIST WI TAX REVENUE                                                                                               | CUSIP: 976595FM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1707492.00   | 0.04%             | 2034-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                                                                                        | CUSIP: 442349GH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12095000 | PA      | $13071148.75  | 0.28%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fayetteville AR Sales & Use Tax Revenue                                  | FAYETTEVILLE AR SALES & USE TAX CAPITAL IMPT                                                                                       | CUSIP: 312673FR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2780000 | PA      | $2745810.73   | 0.06%             | 2032-11-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                                                                                          | CUSIP: 041807GA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000149.00   | 0.04%             | 2043-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | CLARK CNTY NV HIGHWAY IMPT REVENUE                                                                                                 | CUSIP: 181000UH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4640000 | PA      | $4333882.50   | 0.09%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                        | CUSIP: 38122ND82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2475000 | PA      | $2252096.55   | 0.05%             | 2050-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH                                                                                                           | CUSIP: 6789084D3<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3772901.60   | 0.08%             | 2045-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                                                                                       | CUSIP: 928104NH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2006902.80   | 0.04%             | 2030-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Tempe AZ                                                                 | TEMPE AZ COPS                                                                                                                      | CUSIP: 87971LAP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4264741.50   | 0.09%             | 2032-07-01      | Fixed         | 2.07%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                   | CUSIP: 13033DAE5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   3269988 | PA      | $3051377.44   | 0.07%             | 2035-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Irving Hospital Authority                                                        | IRVING TX HOSP AUTH                                                                                                                | CUSIP: 463794JY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1032271.11   | 0.02%             | 2031-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447PYN5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1602241.92   | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOTEL REVENUE                                                                                                   | CUSIP: 74447DAB3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008619.20   | 0.04%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Consolidated Govt of the City of Baton Rouge & Parish of E Baton Rouge Sales Tax | E BATON ROUGE PARISH LA SALES TAX REVENUE                                                                                          | CUSIP: 270764EL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6450000 | PA      | $6460210.35   | 0.14%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | OHIO ST HGR EDUCTNL FAC COMMISSION                                                                                                 | CUSIP: 67756DX92<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1236751.99   | 0.03%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                      | CUSIP: 97712JBP7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2520025.25   | 0.05%             | 2034-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                                                                                        | CUSIP: 64578CAH4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3360000 | PA      | $3361138.03   | 0.07%             | 2029-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                      | OSCEOLA CNTY FL TRANSPRTN REVENUE                                                                                                  | CUSIP: 688031EL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $709421.54    | 0.02%             | 2031-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP REVENUE                                                                                  | CUSIP: 83703FLM2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7612513.50   | 0.16%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Providence Public Building Authority                                             | PROVIDENCE RI PUBLIC BLDGS AUTH REVENUE                                                                                            | CUSIP: 74381MCL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2195000 | PA      | $2325354.25   | 0.05%             | 2032-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                                              | United Airlines Inc                                                                                                                | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2233185.00   | 0.05%             | 2029-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                    | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                                                                                       | CUSIP: 514350AL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1296123.14   | 0.03%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | FLORIDA ST MUNI PWR AGY                                                                                                            | CUSIP: 342816S22<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2895768.00   | 0.06%             | 2026-10-01      | Fixed         | 1.43%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12800000 | PA      | $9964024.32   | 0.21%             | 2046-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                                                                                         | CUSIP: 64972JTN8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3115317.30   | 0.07%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yuma Industrial Development Authority                                            | YUMA AZ INDL DEV AUTH HOSP REVENUE                                                                                                 | CUSIP: 988514CY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2213832.44   | 0.05%             | 2042-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                                                                                                | CUSIP: 59333P7D4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4650000 | PA      | $4817279.10   | 0.10%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 6461362B6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  12830000 | PA      | $13068249.25  | 0.28%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                          | PHILADELPHIA PA                                                                                                                    | CUSIP: 717813VM8<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |  12310000 | PA      | $12790209.41  | 0.27%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                                                                                                    | CUSIP: 888808HB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3031678.20   | 0.06%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                                                                                        | CUSIP: 594698QD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4645000 | PA      | $4796988.12   | 0.10%             | 2028-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | California Housing Finance Agency                                                                                                  | CUSIP: 13033DAK1<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   7709805 | PA      | $352661.88    | 0.01%             | 2036-08-20      | Variable      | 0.77%                 | No            |                  2 | On Loan: No      |
| Cape Girardeau County Industrial Development Authority                           | CAPE GIRARDEAU CNTY MO INDL DEV AUTH HLTH CARE FACS REVENUE                                                                        | CUSIP: 139404GN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1415569.38   | 0.03%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                     | CUSIP: 650116CH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  27145000 | PA      | $27783013.37  | 0.59%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                                                                                                     | CUSIP: 795576JZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2615000 | PA      | $2420175.96   | 0.05%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Anaheim Housing & Public Improvements Authority                                  | ANAHEIM CA HSG & PUBLIC IMPT AUTH REVENUE                                                                                          | CUSIP: 032556NJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.04%             | 2054-10-01      | Floating      | 3.20%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                                                                                      | CUSIP: 70917TRR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1802395.40   | 0.04%             | 2042-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 6461364B4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5885000 | PA      | $6238571.39   | 0.13%             | 2030-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                                                                                                | CUSIP: 645918Z71<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001503.30   | 0.02%             | 2027-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: SS31F25   IRS USD R F  4.09150 IS31F25 CCPOIS / Short: SS31F25   IRS USD P V 00MSOFR IS31F36 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  38000000 | OU      | $1127665.79   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                                                                                               | CUSIP: 62620HJV5<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1542577.65   | 0.03%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vancouver Housing Authority                                                      | VANCOUVER WA HSG AUTH                                                                                                              | CUSIP: 921626PU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2108492.42   | 0.05%             | 2038-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH AFFORDABLE HSG CTFS                                                                                           | CUSIP: 63607DAE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1189558.46   | 0.03%             | 2041-06-20      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Port of Greater Cincinnati Development Authority                                 | PORT OF GTR CINCINNATI DEV AUTH OH REVENUE                                                                                         | CUSIP: 734195DL1<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078443.80   | 0.02%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                                                                           | CUSIP: 64972GF66<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2236748.40   | 0.05%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mid-Bay Bridge Authority                                                         | FLORIDA ST MID-BAY BRIDGE AUTH                                                                                                     | CUSIP: 342814DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8565000 | PA      | $8603780.61   | 0.18%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | VIRGINIA CLG BLDG AUTH EDUCTNL FACS REVENUE                                                                                        | CUSIP: 92778FLD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4345000 | PA      | $3516255.12   | 0.08%             | 2040-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                                                                            | CUSIP: 89602HHT7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2256254.80   | 0.05%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                                                                                        | CUSIP: 594698PY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2211376.64   | 0.05%             | 2025-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                              | CUSIP: 167505XN1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3766768.88   | 0.08%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Colby KS                                                                 | COLBY KS HOSP LOAN ANTICIPATION REV                                                                                                | CUSIP: 19277TAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004684.80   | 0.04%             | 2026-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                     | CHICAGO IL BRD OF EDU DEDICATED CAPITAL IMPT TAX                                                                                   | CUSIP: 167510AX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2310905.41   | 0.05%             | 2034-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GRH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20735000 | PA      | $20795440.45  | 0.45%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                  | CUSIP: 93978HNZ4<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   6400000 | PA      | $6401795.20   | 0.14%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV                                                                                        | CUSIP: 20774Y4F1<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1126329.82   | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JCS3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10523422.00  | 0.23%             | 2054-05-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447TK51<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    745000 | PA      | $781227.41    | 0.02%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                                                                               | CUSIP: 64990F6R0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2840000 | PA      | $2909773.12   | 0.06%             | 2046-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE                                                                             | CUSIP: 837032BV2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2890000 | PA      | $2634007.56   | 0.06%             | 2042-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kenton County Airport Board                                                      | KENTON CNTY KY ARPT BRD                                                                                                            | CUSIP: 491026WF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2860000 | PA      | $2929826.61   | 0.06%             | 2042-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: SS30FB1   IRS USD R F  2.53125 IS30FB1 CCPINFLATIONZERO / Short: SS30FB1   IRS USD P V 12MUSCPI IS30FC2 CCPINFLATIONZERO     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  99890000 | OU      | $90673.15     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                                        | MICHIGAN ST HOSP FIN AUTH                                                                                                          | CUSIP: 59465HVR4<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2329294.66   | 0.05%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                      | OSCEOLA CNTY FL TRANSPRTN REVENUE                                                                                                  | CUSIP: 688031EK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $602952.03    | 0.01%             | 2030-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                                                                                                 | CUSIP: 19648FKG8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2139850.80   | 0.05%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV                                                                                        | CUSIP: 20774Y4H7<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1236434.28   | 0.03%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 1675932G6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1879986.28   | 0.04%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Whiting IN                                                               | WHITING IN ENVRNMNTL FACS REVENUE                                                                                                  | CUSIP: 96634RAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14460000 | PA      | $14685988.11  | 0.31%             | 2045-11-01      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                                                                                              | CUSIP: 68450LJL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4800000 | PA      | $4901950.08   | 0.10%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                           | COLORADO ST HSG FIN AUTH MF HSG REVENUE                                                                                            | CUSIP: 19647PDX8<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3261349.98   | 0.07%             | 2044-07-01      | Floating      | 3.38%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                          | CUSIP: 837151PQ6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004759.80   | 0.02%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Municipal Electric Agency                                               | ILLINOIS ST MUNI ELEC AGY PWR SPLY                                                                                                 | CUSIP: 452024HW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13565000 | PA      | $13579905.22  | 0.29%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                   | CUSIP: 13033DAC9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   9516767 | PA      | $9526954.14   | 0.20%             | 2033-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                                                                                         | CUSIP: 70869PJH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8540000 | PA      | $8663625.04   | 0.19%             | 2026-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                          | CUSIP: 837151XD6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1807406.82   | 0.04%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | OHIO ST HGR EDUCTNL FAC COMMISSION                                                                                                 | CUSIP: 67756DN69<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1426671.38   | 0.03%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                                                                                                 | CUSIP: 19648FPE8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2280000 | PA      | $2380685.48   | 0.05%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | CONNECTICUT ST                                                                                                                     | CUSIP: 20772JN65<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1581521.13   | 0.03%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH                                                                            | CUSIP: 54627RAR1<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   5532622 | PA      | $5610932.99   | 0.12%             | 2031-06-01      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                       | CUSIP: 45204E6V5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007297.40   | 0.02%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE                                                                                    | CUSIP: 74440DED2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20000000.00  | 0.43%             | 2054-04-01      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                                                                                          | CUSIP: 679111F33<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2730123.00   | 0.06%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                                                                                       | CUSIP: 677525WW3<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1736435.75   | 0.04%             | 2028-07-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Sterling Ranch Community Authority Board                                         | STERLING RANCH CMNTY AUTH BRD CO SUPPORTED REVENUE                                                                                 | CUSIP: 85950NAP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1701860.02   | 0.04%             | 2032-12-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST GAS SPLY REVENUE                                                                         | CUSIP: 84136JAL3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   3685000 | PA      | $3961286.56   | 0.08%             | 2055-11-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 64613CEP9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8605184.80   | 0.18%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily VRD Certificates                                               | FEDERAL HOME LOAN MTGE CORP MF VARIABLE RATE CTFS                                                                                  | CUSIP: 31350ACN6<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   4610000 | PA      | $3903047.28   | 0.08%             | 2035-06-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                              | CUSIP: 167505QP4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000019.20   | 0.02%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                                                                      | CUSIP: 13063D3P1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2066457.40   | 0.04%             | 2029-03-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                       | CUSIP: 646140FT5<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2367269.73   | 0.05%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH MF REVENUE                                                                                                | CUSIP: 45202BSV9<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9235147.00   | 0.20%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                                                                                              | CUSIP: 68450LGL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $957417.80    | 0.02%             | 2036-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE                                                                                    | CUSIP: 23503CDJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6848676.25   | 0.15%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                       | CUSIP: 646139ZX6<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |  13215000 | PA      | $13364251.53  | 0.29%             | 2026-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                    | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                                                                                       | CUSIP: 514350AK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $451760.32    | 0.01%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale AZ                                                              | GLENDALE AZ COPS                                                                                                                   | CUSIP: 37828AAF6<br>LEI: 5493002BC35ZY7XRQ949 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2671680.10   | 0.06%             | 2029-07-01      | Fixed         | 2.06%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                                                                                            | CUSIP: 3137HFP74<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  10512063 | PA      | $10039078.26  | 0.21%             | 2041-05-25      | Variable      | 4.16%                 | No            |                  2 | On Loan: No      |
| Nuveen AMT-Free Municipal Credit Income Fund                                     | Nuveen AMT-Free Municipal Credit Income Fund                                                                                       | CUSIP: 67071L825<br>LEI: 549300LBMO1C0IG71T03 | Long             | DBT              | MUN               | US        |  12955000 | PA      | $12955000.00  | 0.28%             | 2029-03-01      | Floating      | 2.37%                 | No            |                  2 | On Loan: No      |
| Town of Stratford CT                                                             | STRATFORD CT                                                                                                                       | CUSIP: 8628116E1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3890000 | PA      | $4008476.17   | 0.09%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Overland Park KS Sales Tax Revenue                                       | OVERLAND PARK KS SALES TAX SPL OBLIG REVENUE                                                                                       | CUSIP: 69030SAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1672557.52   | 0.04%             | 2042-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                            | SAINT JAMES PARISH LA REVENUE                                                                                                      | CUSIP: 790103AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3030000 | PA      | $3226890.31   | 0.07%             | 2038-06-01      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | CENTRL PLAINS ENERGY PROJ NE GAS PROJ REVENUE                                                                                      | CUSIP: 154871CW5<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5255533.50   | 0.11%             | 2054-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                  | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12696099.60  | 0.27%             | 2055-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily ML Certificates                                          | FREDDIE MAC STRUCTURED PASS THROUGH CERT                                                                                           | CUSIP: 3137HCXR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    992074 | PA      | $1010550.18   | 0.02%             | 2040-10-25      | Variable      | 4.68%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                       | CUSIP: 64542UFG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1260758.20   | 0.03%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                         | CUSIP: 74442PQ24<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1490092.81   | 0.03%             | 2045-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County School Board                                                 | HILLSBOROUGH CNTY FL SCH BRD COPS                                                                                                  | CUSIP: 43232VSU6<br>LEI: 549300E7JND1K3JLOI29 | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1482269.28   | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily VRD Certificates                                               | FEDERAL HOME LOAN MTGE CORP MF VARIABLE RATE CTFS                                                                                  | CUSIP: 31350ADQ8<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   9971382 | PA      | $10037888.03  | 0.21%             | 2041-08-25      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                   | VAUXMONT MET DIST CO                                                                                                               | CUSIP: 92242SBE2<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    300000 | PA      | $290523.42    | 0.01%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH IN WSTWTR UTIL REVENUE                                                                                            | CUSIP: 45505MPB6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1554311.77   | 0.03%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bridgeport CT                                                            | BRIDGEPORT CT                                                                                                                      | CUSIP: 108152BF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2605000 | PA      | $2720199.09   | 0.06%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE                                                                                       | CUSIP: 39081JHB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2344926.36   | 0.05%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                                                                                       | CUSIP: 34061UMB1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2195000 | PA      | $2306490.42   | 0.05%             | 2043-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP WTR SYS REVENUE                                                                                         | CUSIP: 71883RPR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $551590.55    | 0.01%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JFW1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1457934.96   | 0.03%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS309H5   IRS USD R V 12MUSCPI IS309I6 CCPINFLATIONZERO / Short: BS309H5   IRS USD P F  2.51600 IS309H5 CCPINFLATIONZERO     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  65040000 | OU      | $92339.24     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Tennergy Corp/TN                                                                 | TENNERGY CORP TN GAS REVENUE                                                                                                       | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |  21150000 | PA      | $22198255.34  | 0.48%             | 2053-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Manatee County School District                                                   | MANATEE CNTY FL SCH BRD COPS                                                                                                       | CUSIP: 56185NFS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7795000 | PA      | $7953579.14   | 0.17%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hidalgo County Regional Mobility Authority                                       | HIDALGO CNTY TX REGL MOBILITY AUTH TOLL & VEHICLE REGISTRATI                                                                       | CUSIP: 42934AAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $525953.20    | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH IN WSTWTR UTIL REVENUE                                                                                            | CUSIP: 45505MPA8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1259634.31   | 0.03%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Finance Authority                                             | TOBACCO SETTLEMENT FIN AUTH WV ASSET BACKED                                                                                        | CUSIP: 88880LAW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10795000 | PA      | $9903545.66   | 0.21%             | 2049-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Medford Hospital Facilities Authority                                            | MEDFORD OR HOSP FACS AUTH REVENUE                                                                                                  | CUSIP: 584283GT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $795319.94    | 0.02%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                                                                                            | CUSIP: 04780ME88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2535000 | PA      | $2643327.14   | 0.06%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX STUDENT HSG REV                                                                             | CUSIP: 64542RFA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1167424.58   | 0.02%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | MARYLAND ST DEPT OF TRANSPRTN                                                                                                      | CUSIP: 57421FAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $744182.04    | 0.02%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 6461364A6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  38555000 | PA      | $41071870.40  | 0.88%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Overland Park KS Sales Tax Revenue                                       | OVERLAND PARK KS SALES TAX SPL OBLIG REVENUE                                                                                       | CUSIP: 69030SAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $172226.08    | 0.00%             | 2034-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Mid-Bay Bridge Authority                                                         | FLORIDA ST MID-BAY BRIDGE AUTH                                                                                                     | CUSIP: 342814DR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1351089.89   | 0.03%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                         | AUSTIN TX ARPT SYS REVENUE                                                                                                         | CUSIP: 052398HQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2260000 | PA      | $2317382.30   | 0.05%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | Sutter Health                                                                                                                      | CUSIP: 86944BAH6<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3093880.00   | 0.07%             | 2040-08-15      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | INTERMOUNTAIN PWR AGY UT PWR SPLY REVENUE                                                                                          | CUSIP: 45884AF57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5213416.50   | 0.11%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE                                                                               | CUSIP: 709224XC8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   7025000 | PA      | $7298831.69   | 0.16%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                                                                                    | CUSIP: 544525S74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1339063.16   | 0.03%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                  | CUSIP: 93978HSD8<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003584.80   | 0.04%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency VIII                                                 | CMFA SPL FIN AGY VIII CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 12574VAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $765203.86    | 0.02%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH POLL CONTROL REVENUE                                                                                           | CUSIP: 45505VAE6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1774472.32   | 0.04%             | 2030-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 64613CED6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   9685000 | PA      | $10021667.06  | 0.21%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447TL43<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $938219.10    | 0.02%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 1675935Z1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2355695.10   | 0.05%             | 2041-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                     | CUSIP: 63607WAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  24014934 | PA      | $23254208.08  | 0.50%             | 2036-09-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447P7K1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3007502.70   | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                                   | CUSIP: 13033DAG0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |  15646033 | PA      | $15586913.02  | 0.33%             | 2035-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                  | CUSIP: 09182TCT2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5090834.50   | 0.11%             | 2049-06-01      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                      | OSCEOLA CNTY FL TRANSPRTN REVENUE                                                                                                  | CUSIP: 688031EP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $853446.89    | 0.02%             | 2034-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                     | CUSIP: 63607WAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19235254 | PA      | $378501.71    | 0.01%             | 2036-09-20      | Variable      | 0.35%                 | No            |                  2 | On Loan: No      |
| City of Jersey City NJ                                                           | JERSEY CITY NJ                                                                                                                     | CUSIP: 476576VT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20078880.00  | 0.43%             | 2025-10-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532LU6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4272523.20   | 0.09%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montana Facility Finance Authority                                               | MONTANA ST FAC FIN AUTH REVENUE                                                                                                    | CUSIP: 61204KKS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3190000 | PA      | $3217025.68   | 0.07%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | TEXAS ST                                                                                                                           | CUSIP: 882724VS3<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2337248.37   | 0.05%             | 2026-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                     | CUSIP: 63607WAW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6961539 | PA      | $6454501.41   | 0.14%             | 2051-10-20      | Variable      | 4.03%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                      | CUSIP: 59261APZ4<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |  22370000 | PA      | $23351291.37  | 0.50%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                                                                                                     | CUSIP: 91412HPS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5281519.50   | 0.11%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DISTRICT OF COLUMBIA REVENUE                                                                                                       | CUSIP: 254839RX3<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |  11675000 | PA      | $11675000.00  | 0.25%             | 2038-08-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                       | CUSIP: 6461397D1<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10519802.00  | 0.23%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Memphis TN                                                               | MEMPHIS TN                                                                                                                         | CUSIP: 5861456M1<br>LEI: 254900N4APYJWTAF5J46 | Long             | DBT              | MUN               | US        |   7040000 | PA      | $7379339.97   | 0.16%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP WTR SYS REVENUE                                                                                         | CUSIP: 71883RPS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $713303.89    | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                | IDAHO ST HLTH FACS AUTH REVENUE                                                                                                    | CUSIP: 451295ZZ5<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   5025000 | PA      | $5025000.00   | 0.11%             | 2048-03-01      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292BS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $5420767.80   | 0.12%             | 2043-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584YB73<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    375000 | PA      | $406280.70    | 0.01%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE                                                                                    | CUSIP: 84136FAV9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |  44385000 | PA      | $43868744.75  | 0.94%             | 2051-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                                                                                        | CUSIP: 419794K92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3030000 | PA      | $3093831.19   | 0.07%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana Gasoline & Fuels Tax Revenue                                  | LOUISIANA ST GAS & FUELS TAX REVENUE                                                                                               | CUSIP: 546475VU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10095000 | PA      | $10077939.45  | 0.22%             | 2043-05-01      | Floating      | 3.57%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                   | CUSIP: 63608TAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    828000 | PA      | $827254.30    | 0.02%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                                                                                            | CUSIP: 118217CT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1901104.60   | 0.04%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Connecticut                                                        | UNIV OF CONNECTICUT CT                                                                                                             | CUSIP: 9142333H2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7065000 | PA      | $7437435.71   | 0.16%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE                                                                               | CUSIP: 709225FK7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089499.60   | 0.02%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fayette County Development Authority                                             | FAYETTE CNTY GA DEV AUTH REVENUE                                                                                                   | CUSIP: 31222PAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $306147.12    | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                                                                            | CUSIP: 89602HHY6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2640686.00   | 0.06%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OCHSNER LSU HEALTH SYST                                                          | Ochsner LSU Health System of North Louisiana                                                                                       | CUSIP: 67555JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10000000 | PA      | $8190900.00   | 0.18%             | 2031-05-15      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                                                                                            | CUSIP: 3137H9JP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1962072 | PA      | $104719.14    | 0.00%             | 2036-07-25      | Variable      | 0.96%                 | No            |                  2 | On Loan: No      |
| California State University                                                      | CALIFORNIA ST UNIV REVENUE                                                                                                         | CUSIP: 13077DQP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3991729.50   | 0.09%             | 2035-11-01      | Fixed         | 2.37%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  11115000 | PA      | $11779583.63  | 0.25%             | 2054-11-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE                                                                               | CUSIP: 709224QF9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4971985.00   | 0.11%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                                                                                          | CUSIP: 041807CC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002972.60   | 0.02%             | 2042-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Housing Finance Authority                                            | PUERTO RICO HSG FIN AUTH MF HSG COLLATERALIZED REVENUE                                                                             | CUSIP: 74528CAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2273901.53   | 0.05%             | 2027-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Oyster Bay NY                                                            | OYSTER BAY NY                                                                                                                      | CUSIP: 692160VD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11330000 | PA      | $11412658.02  | 0.24%             | 2026-03-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                       | CUSIP: 842469AQ1<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   6485000 | PA      | $6822910.00   | 0.15%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                         | CUSIP: 74442PMS1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    835000 | PA      | $862787.21    | 0.02%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Housing Finance Corp                                              | TARRANT CNTY TX HSG FIN CORP                                                                                                       | CUSIP: 876394RN9<br>LEI: 54930055IA4O4ZTEN156 | Long             | DBT              | MUN               | US        |    270000 | PA      | $270000.00    | 0.01%             | 2036-02-15      | Floating      | 2.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE                                                                                    | CUSIP: 74440DFC3<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |  20065000 | PA      | $21199589.47  | 0.45%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State University System                                                    | TEXAS ST UNIV SYS FING REVENUE                                                                                                     | CUSIP: 88278PJ54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $3026696.65   | 0.06%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                           | CUSIP: 79766DVN6<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  22275000 | PA      | $24619483.85  | 0.53%             | 2034-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                            | SAINT JAMES PARISH LA REVENUE                                                                                                      | CUSIP: 790103AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2595000 | PA      | $2763550.18   | 0.06%             | 2040-12-01      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| Kentucky Turnpike Authority                                                      | KENTUCKY ST TURNPIKE AUTH ECON DEV ROAD REVENUE                                                                                    | CUSIP: 491552J63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2515000 | PA      | $2515000.00   | 0.05%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 646136EW7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   6600000 | PA      | $4871588.70   | 0.10%             | 2033-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                                                                                          | CUSIP: 04108WCF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2059937.63   | 0.04%             | 2048-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                                                                                                    | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9955000 | PA      | $9590679.85   | 0.21%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Stratford CT                                                             | STRATFORD CT                                                                                                                       | CUSIP: 8628116G6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3555000 | PA      | $3649302.77   | 0.08%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                              | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 13013FAM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18035000 | PA      | $13491316.21  | 0.29%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | WISCONSIN ST GEN FUND ANNUAL APPROP REVENUE                                                                                        | CUSIP: 977100GR1<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12493819.20  | 0.27%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | CENTRL PUGET SOUND WA REGL TRANSIT AUTH SALES & USE TAX                                                                            | CUSIP: 15504RET2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5094503.50   | 0.11%             | 2039-11-01      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SPL REVENUE                                                                                                     | CUSIP: 74447TAF9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2403000 | PA      | $2402926.23   | 0.05%             | 2032-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                                                                                      | CUSIP: 452252PU7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |  27195000 | PA      | $28176013.39  | 0.60%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                     | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE                                                                              | CUSIP: 575579V38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2101407.20   | 0.04%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH HOSP REVENUE                                                                                        | CUSIP: 56678PBR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007748.70   | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                                                                                                     | CUSIP: 795576JN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7670000 | PA      | $8187887.60   | 0.18%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN HLTH EDL FACS AUTH SENIOR LIVING REVENUE                                                                                 | CUSIP: 97671VCM5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    960000 | PA      | $957378.82    | 0.02%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                    | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                                                                                       | CUSIP: 514350AH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $321245.37    | 0.01%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                                                                                                 | CUSIP: 249182LC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9560000 | PA      | $10009626.88  | 0.21%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 1675934G4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1243444.94   | 0.03%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                      | CUSIP: 59261AQB6<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   5505000 | PA      | $5719321.76   | 0.12%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District/The                                        | S E ALABAMA ST GAS SPLY DIST GAS SPLY REVENUE                                                                                      | CUSIP: 84131TBA9<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10513851.00  | 0.23%             | 2054-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                                                                                                   | CUSIP: 57582RPE0<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   4435000 | PA      | $4525691.32   | 0.10%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                     | CUSIP: 63607WAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8729967 | PA      | $8631694.75   | 0.18%             | 2034-01-20      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                                   | CUSIP: 79739GSY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1688596.16   | 0.04%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                                 | LEE CNTY FL ARPT REVENUE                                                                                                           | CUSIP: 523470HR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2460000 | PA      | $2573968.11   | 0.06%             | 2040-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                       | CUSIP: 646140GC1<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2598452.25   | 0.06%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cobb County Kennestone Hospital Authority                                        | COBB CNTY GA KENNESTONE HOSP AUTH                                                                                                  | CUSIP: 190813SK2<br>LEI: 549300TB04LETJYNFR44 | Long             | DBT              | MUN               | US        |    250000 | PA      | $263870.63    | 0.01%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cobb County Kennestone Hospital Authority                                        | COBB CNTY GA KENNESTONE HOSP AUTH                                                                                                  | CUSIP: 190813SL0<br>LEI: 549300TB04LETJYNFR44 | Long             | DBT              | MUN               | US        |    300000 | PA      | $321243.03    | 0.01%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                                                                                      | CUSIP: 452252FH7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   2669000 | PA      | $2858204.08   | 0.06%             | 2034-01-01      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| County of Allen OH Hospital Facilities Revenue                                   | ALLEN CNTY OH HOSP FACS REVENUE                                                                                                    | CUSIP: 01757LFR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2757278.07   | 0.06%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale AZ                                                              | GLENDALE AZ COPS                                                                                                                   | CUSIP: 37828AAK5<br>LEI: 5493002BC35ZY7XRQ949 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4287549.00   | 0.09%             | 2033-07-01      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST COMMODITY SPLY REV                                                                       | CUSIP: 84136GAK1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7373545.90   | 0.16%             | 2054-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | OHIO ST HGR EDUCTNL FAC COMMISSION                                                                                                 | CUSIP: 67756DN51<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1369464.75   | 0.03%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                                        | CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE                                                                                         | CUSIP: 158862CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12580000 | PA      | $12550239.49  | 0.27%             | 2049-06-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | INTERMOUNTAIN PWR AGY UT PWR SPLY REVENUE                                                                                          | CUSIP: 45884AK77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2915000 | PA      | $3054368.48   | 0.07%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp Enhanced Receipt                                 | FEDERAL HOME LOAN MORTGAGE CORP ENHANCED RECEIPT                                                                                   | CUSIP: 3137ERAE2<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   5076870 | PA      | $4574238.96   | 0.10%             | 2051-11-01      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| Central Texas Turnpike System                                                    | TEXAS ST TRANSPRTN COMMISSION CENTRAL TX TURNPIKE SYS REVENU                                                                       | CUSIP: 88283KCD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7700000 | PA      | $8227921.24   | 0.18%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dutchess County Local Development Corp                                           | DUTCHESS CNTY NY LOCAL DEV CORP REVENUE                                                                                            | CUSIP: 267045NL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4505000 | PA      | $4395860.07   | 0.09%             | 2039-07-01      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532PR9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2380909.73   | 0.05%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                                                                                             | CUSIP: 613603YL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3162622.20   | 0.07%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE                                                                                   | CUSIP: 5742187A5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1465074.02   | 0.03%             | 2031-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                                                                                                 | CUSIP: 19648FPT5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   7555000 | PA      | $7555000.00   | 0.16%             | 2052-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority Sports Entertainment Facilities Revenue               | MARYLAND STADIUM AUTH SPORTS ENTERTAINMENT FACS REV                                                                                | CUSIP: 57430ABP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $4040448.48   | 0.09%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV UNIV REVENUE                                                                                     | CUSIP: 71780TAP8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1062789.80   | 0.02%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                     | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE                                                                                   | CUSIP: 39160CAR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1161009.97   | 0.02%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JGF7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2810000 | PA      | $2983629.90   | 0.06%             | 2056-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                         | CUSIP: 74442PMP7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3605000 | PA      | $3648012.34   | 0.08%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City Of South Miami Health Facilities Authority Inc                              | S MIAMI FL HLTH FACS AUTH                                                                                                          | CUSIP: 838810DV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5175372.50   | 0.11%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salem Hospital Facility Authority                                                | SALEM OR HOSP FAC AUTH REVENUE                                                                                                     | CUSIP: 794458FT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2205000 | PA      | $2249883.44   | 0.05%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Washington OH                                                          | WASHINGTON CNTY OH HOSP REVENUE                                                                                                    | CUSIP: 938154DT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $444492.58    | 0.01%             | 2027-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS FIN AUTH SURFACE FREIGHT TRANSFER FACS REVENUE                                                                            | CUSIP: 45203PAA2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2229843.33   | 0.05%             | 2043-12-01      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532FP4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046580.20   | 0.02%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Quincy MA                                                                | QUINCY MA                                                                                                                          | CUSIP: 748508Y69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3003222.90   | 0.06%             | 2025-07-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                      | CUSIP: 592647MS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2140595.00   | 0.05%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                                 | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1982000 | PA      | $2090630.65   | 0.04%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Duval County Public Schools                                                      | DUVAL CNTY FL SCH BRD COPS                                                                                                         | CUSIP: 267169FT2<br>LEI: 254900RS6MO5WEO2WC42 | Long             | DBT              | MUN               | US        |   4280000 | PA      | $4280000.00   | 0.09%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily VRD Certificates                                               | FEDERAL HOME LOAN MTGE CORP MF VARIABLE RATE CTFS                                                                                  | CUSIP: 31350ADR6<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   6488451 | PA      | $6432165.38   | 0.14%             | 2042-11-25      | Variable      | 4.39%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp Enhanced Receipt                                 | FEDERAL HOME LOAN MORTGAGE CORP ENHANCED RECEIPT                                                                                   | CUSIP: 3137ERAB8<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |  23561927 | PA      | $21229199.40  | 0.45%             | 2035-11-15      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                                                                                                 | CUSIP: 249182UQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3465883.20   | 0.07%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | DALLAS TX                                                                                                                          | CUSIP: 235219VK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6700000 | PA      | $6881543.20   | 0.15%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Western Minnesota Municipal Power Agency                                         | WSTRN MN MUNI PWR AGY                                                                                                              | CUSIP: 958697LB8<br>LEI: 549300LFJK9CQSN2NJ11 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $832913.60    | 0.02%             | 2039-01-01      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 1675934J8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2603307.25   | 0.06%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532JJ4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2116610.73   | 0.05%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP WTR SYS REVENUE                                                                                         | CUSIP: 71883RPU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $531704.49    | 0.01%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County Honolulu HI Wastewater System Revenue                              | HONOLULU CITY & CNTY HI WSTWTR SYS REVENUE                                                                                         | CUSIP: 4387014P6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2422464.88   | 0.05%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                                 | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   3857054 | PA      | $2372088.13   | 0.05%             | 2043-11-01      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                | OREGON ST FACS AUTH REVENUE                                                                                                        | CUSIP: 68608JXD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4400000.00   | 0.09%             | 2034-08-01      | Floating      | 3.60%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                                                                                       | CUSIP: 677525WZ6<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5946161.40   | 0.13%             | 2029-01-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                              | CUSIP: 167505PT7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2265000 | PA      | $2264999.55   | 0.05%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                  | CUSIP: 56035DDP4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3489547.25   | 0.07%             | 2052-08-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| South Jersey Transportation Authority                                            | S JERSEY NJ TRANSPRTN AUTH TRANSPRTN SYS REVENUE                                                                                   | CUSIP: 838536MH0<br>LEI: 549300W8SZI2CAOKT956 | Long             | DBT              | MUN               | US        |    400000 | PA      | $422116.44    | 0.01%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | OHIO ST HGR EDUCTNL FAC COMMISSION                                                                                                 | CUSIP: 67756DM86<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1509827.12   | 0.03%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                                                                                        | CUSIP: 25477GYL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9360912.60   | 0.20%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                  | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2355000 | PA      | $2497105.41   | 0.05%             | 2054-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584YB81<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    245000 | PA      | $263571.96    | 0.01%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                                                                                         | CUSIP: 70869PJV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10790000 | PA      | $10916167.47  | 0.23%             | 2028-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584YZJ1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5027775.50   | 0.11%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Palm Beach FL                                                          | PALM BEACH CNTY FL REVENUE                                                                                                         | CUSIP: 696547HV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007354.80   | 0.02%             | 2045-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Nuveen California AMT-Free Quality Municipal Income Fund                         | Nuveen California AMT-Free Quality Municipal Income Fund                                                                           | CUSIP: 670651868<br>LEI: 5493005SR7RRUAG9VK19 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.11%             | 2047-10-01      | Floating      | 2.37%                 | No            |                  2 | On Loan: No      |
| County of Montgomery OH                                                          | MONTGOMERY CNTY OH HOSP REVENUE                                                                                                    | CUSIP: 613520LQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14535000 | PA      | $14535000.00  | 0.31%             | 2045-11-15      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584YPW3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1465004.45   | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                                                                                         | CUSIP: 70869PJW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8910000 | PA      | $9009743.89   | 0.19%             | 2028-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                  | CUSIP: 56035DGC0<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5024248.00   | 0.11%             | 2053-12-01      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584YQB8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2035325.40   | 0.04%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                        | CUSIP: 452152Q20<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1734797.00   | 0.04%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                                                                                      | CUSIP: 13063D5D6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10961608.00  | 0.23%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fort Wayne IN                                                            | FORT WAYNE IN ECON DEV SOLID WST FAC REVENUE                                                                                       | CUSIP: 34924CAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    159363 | PA      | $15.94        | 0.00%             | 2029-12-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH SOL WST DISP REVENUE                                                                          | CUSIP: 83704DAK2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1445000 | PA      | $158950.00    | 0.00%             | 2031-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                         | CUSIP: 74442PF91<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1285866.40   | 0.03%             | 2038-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan St Louis Sewer District                                             | MET SAINT LOUIS MO SWR DIST WSTWTR SYS REVENUE                                                                                     | CUSIP: 592481MS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1710000 | PA      | $1829029.68   | 0.04%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                                                                                       | CUSIP: 677525WX1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |  10400000 | PA      | $10331883.12  | 0.22%             | 2028-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: SS2VJ91   IRS USD R F  4.46050 IS2VJ91 CCPOIS / Short: SS2VJ91   IRS USD P V 00MSOFR IS2VJA2 CCPOIS                          | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  30900000 | OU      | $1201408.46   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                                                                                                  | CUSIP: 79625GJP9<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5290178.50   | 0.11%             | 2043-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lancaster Port Authority                                                         | LANCASTER OH PORT AUTH GAS REVENUE                                                                                                 | CUSIP: 514401BN7<br>LEI: 5493007EGWLFDZJFF129 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057325.60   | 0.02%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                  | CUSIP: 09182TDU8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3247046.02   | 0.07%             | 2055-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Irving Hospital Authority                                                        | IRVING TX HOSP AUTH                                                                                                                | CUSIP: 463794JT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $608417.28    | 0.01%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hospitals & Higher Education Facilities Authority of Philadelphia/The            | PHILADELPHIA PA HOSPS & HGR EDU FACS AUTH                                                                                          | CUSIP: 717825QC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9490746.00   | 0.20%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp Enhanced Receipt                                 | FEDERAL HOME LOAN MORTGAGE CORP ENHANCED RECEIPT                                                                                   | CUSIP: 3137ERAF9<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   3318686 | PA      | $2990122.38   | 0.06%             | 2035-11-15      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                                                                                                     | CUSIP: 795576LP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9270000 | PA      | $10018152.04  | 0.21%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE                                                                                  | CUSIP: 414009SJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7300000 | PA      | $7945322.19   | 0.17%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Irving Hospital Authority                                                        | IRVING TX HOSP AUTH                                                                                                                | CUSIP: 463794JX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013439.70   | 0.02%             | 2030-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Reno-Tahoe Airport Authority                                                     | RENO-TAHOE NV ARPT AUTH ARPT REVENUE                                                                                               | CUSIP: 759874BZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1241521.33   | 0.03%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV CHRT SCH REVENUE                                                                                 | CUSIP: 71780CBB5<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    655000 | PA      | $670684.11    | 0.01%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ward ND                                                                | WARD CNTY ND HLTH CARE FACS REVENUE                                                                                                | CUSIP: 934023EN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2021786.60   | 0.04%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                           | CUSIP: 79766DTB5<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   9645000 | PA      | $9929383.79   | 0.21%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 1675932H4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2018427.80   | 0.04%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                      | CUSIP: 97712JBQ5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000899.70   | 0.02%             | 2035-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | NEW YORK CITY NY TRANSITIONAL FIN AUTH BLDG AID REVENUE                                                                            | CUSIP: 64972HD25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10245000 | PA      | $10530929.75  | 0.23%             | 2036-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                     | HONOLULU CITY & CNTY HI                                                                                                            | CUSIP: 438687ZE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1076140.60   | 0.02%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MF AFFORDABLE HSG                                                                                             | CUSIP: 63610CAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1090366.06   | 0.02%             | 2042-04-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| South Carolina Ports Authority                                                   | SOUTH CAROLINA ST PORTS AUTH PORTS REVENUE                                                                                         | CUSIP: 837123KW7<br>LEI: 5493001YXW15H9J1M026 | Long             | DBT              | MUN               | US        |   3240000 | PA      | $3240000.00   | 0.07%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily VRD Certificates                                               | FEDERAL HOME LOAN MTGE CORP MF VARIABLE RATE CTFS                                                                                  | CUSIP: 31350ABY3<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   9100000 | PA      | $7881079.57   | 0.17%             | 2033-09-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584YB32<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    440000 | PA      | $459757.45    | 0.01%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                 | TAMPA FL CAPITAL IMPT CIGARETTE TAX ALLOCATION                                                                                     | CUSIP: 875146AS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $443835.99    | 0.01%             | 2034-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | MIAMI-DADE CNTY FL WTR & SWR REVENUE                                                                                               | CUSIP: 59334DMH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2490000 | PA      | $2459423.80   | 0.05%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292BP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13250000 | PA      | $10455229.18  | 0.22%             | 2047-05-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                              | PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE                                                                                     | CUSIP: 745160TV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1932218.80   | 0.04%             | 2026-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                  | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  22965000 | PA      | $24073724.94  | 0.52%             | 2053-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 167593XU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1894086.80   | 0.04%             | 2042-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HLTHCARE SYS REVENUE                                                                                            | CUSIP: 74447GAC4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3100000.00   | 0.07%             | 2055-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE                                                                           | CUSIP: 64972GF74<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  10650000 | PA      | $12139845.54  | 0.26%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp V                                  | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP V GAS SPLY REVENUE                                                                       | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7972124.25   | 0.17%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Orangeburg County School District                                                | ORANGEBURG CNTY SCH DIST                                                                                                           | CUSIP: 685363AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8016904.80   | 0.17%             | 2025-08-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT                                                                                                                          | CUSIP: 40065BCQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $713718.39    | 0.02%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parish of St John the Baptist LA                                                 | SAINT JOHN THE BAPTIST PARISH LA REVENUE                                                                                           | CUSIP: 79020FBB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1696210.70   | 0.04%             | 2037-06-01      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| City of Las Vegas NV                                                             | LAS VEGAS NV                                                                                                                       | CUSIP: 5176964X5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2930000 | PA      | $2971555.60   | 0.06%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                                                                                        | CUSIP: 64578CCB5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2754653.28   | 0.06%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE                                                                             | CUSIP: 837032BS9<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |  18615000 | PA      | $19487408.73  | 0.42%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                                                                                             | CUSIP: 613603YK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1592132.70   | 0.03%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                                                                                       | CUSIP: 928104NL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5030000 | PA      | $5004250.42   | 0.11%             | 2032-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP WTR SYS REVENUE                                                                                         | CUSIP: 71883RQF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $901417.85    | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | UNIV OF TEXAS TX UNIV REVENUES                                                                                                     | CUSIP: 91514ALA1<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1770042.75   | 0.04%             | 2042-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                          | CUSIP: 837151XY0<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2985268.50   | 0.06%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | CONNECTICUT ST                                                                                                                     | CUSIP: 20772JG48<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   7345000 | PA      | $7356515.49   | 0.16%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                     | HONOLULU CITY & CNTY HI                                                                                                            | CUSIP: 438687ZF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070829.00   | 0.02%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Medford Hospital Facilities Authority                                            | MEDFORD OR HOSP FACS AUTH REVENUE                                                                                                  | CUSIP: 584283GN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $452052.45    | 0.01%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Traverse County Hospital Finance Authority                                 | GRAND TRAVERSE CNTY MI HOSP FIN AUTH                                                                                               | CUSIP: 386523HR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7175000 | PA      | $7175000.00   | 0.15%             | 2041-07-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                                                                               | CUSIP: 64990FZU1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1773089.52   | 0.04%             | 2039-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                                                                            | CUSIP: 89602HHR1<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5677268.50   | 0.12%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST SPL OBLG REVENUE                                                                                                  | CUSIP: 576004HG3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2396383 | PA      | $2390329.52   | 0.05%             | 2031-07-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp                                                | MISSION TX ECON DEV CORP REVENUE                                                                                                   | CUSIP: 605156AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10680000 | PA      | $10694839.86  | 0.23%             | 2031-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                             | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE                                                                        | CUSIP: 603827Q41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3307845.45   | 0.07%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Legacy Denton Public Facility Corp                                               | LEGACY DENTON PUB FAC CORP MF HSG REVENUE                                                                                          | CUSIP: 52474GAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15068632.50  | 0.32%             | 2043-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                                                                                            | CUSIP: 35833JAK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4756957 | PA      | $3791698.50   | 0.08%             | 2038-01-25      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 167593Z96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $951304.98    | 0.02%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                                                                                      | CUSIP: 452252QR3<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   4380000 | PA      | $4761448.94   | 0.10%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                      | OSCEOLA CNTY FL TRANSPRTN REVENUE                                                                                                  | CUSIP: 688031EM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $374308.45    | 0.01%             | 2032-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SCAGO Educational Facilities Corp for Pickens School District                    | SCAGO SC EDUCTNL FACS CORP FOR PICKENS SCH DIST                                                                                    | CUSIP: 80585TCC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3004430.40   | 0.06%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 167593VJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3020000 | PA      | $3052640.46   | 0.07%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Allen OH Hospital Facilities Revenue                                   | ALLEN CNTY OH HOSP FACS REVENUE                                                                                                    | CUSIP: 01757LFT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1955000 | PA      | $2054258.09   | 0.04%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                       | CUSIP: 45203H4W9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1255014.38   | 0.03%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                   | CUSIP: 63608TAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3315000 | PA      | $3325849.33   | 0.07%             | 2033-12-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX SENIOR LIVING REVENUE                                                                       | CUSIP: 64542PGP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1058379.17   | 0.02%             | 2045-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                                                                                            | CUSIP: 04780ME70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2845000 | PA      | $2988287.29   | 0.06%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Umatilla County School District No 6R Umatilla                                   | UMATILLA CNTY OR SCH DIST #6 R UMATILLA                                                                                            | CUSIP: 904115FH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $813780.40    | 0.02%             | 2043-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Municipal Energy Acquisition Authority                                | NEW MEXICO ST MUNI ENERGY ACQUISITION AUTH GAS SPLY                                                                                | CUSIP: 647207BL2<br>LEI: 549300KZGG2YNDKKCE92 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5299287.00   | 0.11%             | 2054-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOSP REVENUE                                                                                                    | CUSIP: 74442CDP6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3945000 | PA      | $3242627.86   | 0.07%             | 2040-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nuveen AMT-Free Quality Municipal Income Fund                                    | NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND                                                                                      | CUSIP: 670657774<br>LEI: 549300OTYQOOXS64NI63 | Long             | DBT              | MUN               | US        |   2615000 | PA      | $2615000.00   | 0.06%             | 2029-03-01      | Floating      | 2.37%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                                                                                                | CUSIP: 59333P7M4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  23870000 | PA      | $25454645.76  | 0.54%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                        | MET GOVT NASHVILLE & DAVIDSON CNTY TN                                                                                              | CUSIP: 592112QN9<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.21%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                             | HILLSBOROUGH CNTY FLA INDL DEVAUTH HEALTH SYS REVENUE                                                                              | CUSIP: 43233KAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19765000 | PA      | $19765000.00  | 0.42%             | 2042-11-15      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI Sewage Disposal System Revenue                                | DETROIT MI SWR DISP SYS REVENUE                                                                                                    | CUSIP: 251237W66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14000000 | PA      | $13810186.60  | 0.30%             | 2032-07-01      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                      | CUSIP: 592647NS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2163158.00   | 0.05%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 15                                     | VILLAGE CDD NO 15 SPL ASSMNT REVENUE                                                                                               | CUSIP: 92708KAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    995000 | PA      | $1003524.96   | 0.02%             | 2038-05-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| City of El Paso TX Water & Sewer Revenue                                         | EL PASO TX WTR & SWR REVENUE                                                                                                       | CUSIP: 283822WC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3880000 | PA      | $4055094.31   | 0.09%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                                                                                         | CUSIP: 64972JJU3<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   7250000 | PA      | $7931059.20   | 0.17%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | Washington State Housing Finance Commission                                                                                        | CUSIP: 93978TS67<br>LEI: 549300YL1HU59NREG764 | Long             | ABS-MBS          | CORP              | US        |   3099104 | PA      | $122113.05    | 0.00%             | 2035-12-20      | Variable      | 0.73%                 | No            |                  2 | On Loan: No      |
| City of Kansas City MO                                                           | KANSAS CITY MO SPL OBLG                                                                                                            | CUSIP: 485106YZ5<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4292798.40   | 0.09%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Manatee County School District                                                   | MANATEE CNTY FL SCH BRD COPS                                                                                                       | CUSIP: 56185NFT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6215000 | PA      | $6346996.66   | 0.14%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Medford Hospital Facilities Authority                                            | MEDFORD OR HOSP FACS AUTH REVENUE                                                                                                  | CUSIP: 584283GS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $928706.63    | 0.02%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE                                                                                 | CUSIP: 70342PAS3<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |  18000000 | PA      | $18535624.20  | 0.40%             | 2054-02-01      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT WTR & PWR REVENUE                                                                                              | CUSIP: 544495W34<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1064873.50   | 0.02%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                     | CUSIP: 63607WAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9632469 | PA      | $9069301.95   | 0.19%             | 2036-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                           | HILLSBOROUGH CNTY FL AVIATION AUTH                                                                                                 | CUSIP: 432308W75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6728587.45   | 0.14%             | 2043-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                     | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                                                                                            | CUSIP: 592190QU9<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2666049.00   | 0.06%             | 2039-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Gilbert Water Resource Municipal Property Corp                                   | GILBERT AZ WTR RESOURCE MUNI PROPERTY CORP UTILITY SYS REVEN                                                                       | CUSIP: 37530ACC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5942645.50   | 0.13%             | 2038-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REVENUE                                                                                    | CUSIP: 46246SAW5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   5450000 | PA      | $5814896.58   | 0.12%             | 2050-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 6461364E8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7230000 | PA      | $7540237.85   | 0.16%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                            | CUYAHOGA CNTY OH HOSP REVENUE                                                                                                      | CUSIP: 2322655H7<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   2710000 | PA      | $2775726.99   | 0.06%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                          | CUSIP: 8371513X5<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2024611.12   | 0.04%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                         | CUSIP: 74442PQU2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3725738.25   | 0.08%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584YB57<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    295000 | PA      | $317619.21    | 0.01%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                             | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE                                                                                  | CUSIP: 73360CAP9<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1227797.45   | 0.03%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Registration Fee Revenue                        | PENNSYLVANIA ST TURNPIKE COMMISSION REGISTRATION FEE REVENUE                                                                       | CUSIP: 709222DS9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |  24000000 | PA      | $23956488.00  | 0.51%             | 2041-07-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 1675937H9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2885000 | PA      | $3028662.04   | 0.06%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                       | CUSIP: 45204E6Y9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    600000 | PA      | $592826.04    | 0.01%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Arizona Lottery Revenue                                                 | ARIZONA ST LOTTERY REVENUE                                                                                                         | CUSIP: 040624BJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.11%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP WTR SYS REVENUE                                                                                         | CUSIP: 71883RQD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $661908.66    | 0.01%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST HOSP REVENUE                                                                                                               | CUSIP: 67756CDD7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3300000.00   | 0.07%             | 2046-01-15      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOSP REVENUE                                                                                                    | CUSIP: 74442CEC4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3365729.89   | 0.07%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New Orleans LA Water System Revenue                                      | NEW ORLEANS LA WTR REVENUE                                                                                                         | CUSIP: 647753MN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1473442.00   | 0.03%             | 2041-12-01      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                                                                                        | CUSIP: 442349FW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1036200.95   | 0.02%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                           | UTAH ST TRANSIT AUTH SALES TAX REVENUE                                                                                             | CUSIP: 917567BM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1307242.90   | 0.03%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                                                                                         | CUSIP: 74442PF59<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1829360.34   | 0.04%             | 2044-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292BE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $4177021.20   | 0.09%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX SENIOR LIVING REVENUE                                                                       | CUSIP: 64542PGN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1473750.60   | 0.03%             | 2035-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                                       | NEW ORLEANS LA AVIATION BRD                                                                                                        | CUSIP: 64763HML6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1380012.80   | 0.03%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kenton County Airport Board                                                      | KENTON CNTY KY ARPT BRD                                                                                                            | CUSIP: 491026WD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2910000 | PA      | $3029860.57   | 0.06%             | 2040-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                                                                               | CUSIP: 64990FKT0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10433307.00  | 0.22%             | 2036-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                  | CUSIP: 93978HSG1<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3785756.38   | 0.08%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | KENTUCKY ST ECON DEV FIN AUTH                                                                                                      | CUSIP: 49126KJW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8780000 | PA      | $8963482.68   | 0.19%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                       | CUSIP: 6461394W2<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1803296.16   | 0.04%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                       | MARYLAND STADIUM AUTH BUILT TO LEARN REVENUE                                                                                       | CUSIP: 574294CN2<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2439880.73   | 0.05%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Electric System Revenue                                                      | JEA FL ELEC SYS REVENUE                                                                                                            | CUSIP: 46613SFX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1236686.03   | 0.03%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                                                                                             | CUSIP: 613603YH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1426217.66   | 0.03%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                                                                                            | CUSIP: 04780MF46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7460000 | PA      | $7555287.33   | 0.16%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                        | CUSIP: 452153JW0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2334878.10   | 0.05%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE                                                                                 | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   7460000 | PA      | $7885120.04   | 0.17%             | 2054-10-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                        | CUSIP: 4521526L0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1571214.90   | 0.03%             | 2039-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                                                                                                   | CUSIP: 7352402N2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7155000 | PA      | $6710041.28   | 0.14%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584YQA0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2042171.40   | 0.04%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                                                                               | CUSIP: 64990FW83<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3397934.40   | 0.07%             | 2039-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montana Facility Finance Authority                                               | MONTANA ST FAC FIN AUTH REVENUE                                                                                                    | CUSIP: 61204KKU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2375000 | PA      | $2442064.54   | 0.05%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                                                                                         | CUSIP: 70869PJJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12450000 | PA      | $12602567.28  | 0.27%             | 2027-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade Seaport Department                                          | MIAMI-DADE CNTY FL SEAPORT REVENUE                                                                                                 | CUSIP: 59335KEL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5811006.85   | 0.12%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yucaipa Valley Water District Financing Authority                                | YUCAIPA VLY WTR DIST FING AUTH REVENUE                                                                                             | CUSIP: 98840BBG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3044444.10   | 0.07%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                           | CUSIP: 79766DWU9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10287253.00  | 0.22%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maine Municipal Bond Bank                                                        | MAINE ST MUNI BOND BANK                                                                                                            | CUSIP: 56045RQB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001383.50   | 0.02%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV                                                                                        | CUSIP: 20774Y4E4<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009221.40   | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                                                                                       | CUSIP: 928104MQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1738444.62   | 0.04%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE                                                                                   | CUSIP: 880443JF4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |  43555000 | PA      | $44909181.57  | 0.96%             | 2053-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan St Louis Sewer District                                             | MET SAINT LOUIS MO SWR DIST WSTWTR SYS REVENUE                                                                                     | CUSIP: 592481MT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3293270.12   | 0.07%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                                                                            | CUSIP: 89602HAJ6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1630295.00   | 0.03%             | 2036-05-15      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | DALLAS TX WTRWKS & SWR SYS REVENUE                                                                                                 | CUSIP: 2354166L3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3885000 | PA      | $3905109.15   | 0.08%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE                                                                               | CUSIP: 709224L64<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8518380.80   | 0.18%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX                                                                            | CUSIP: 89602HGH4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   4025000 | PA      | $4249793.84   | 0.09%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | LAS VEGAS VLY NV WTR DIST                                                                                                          | CUSIP: 517845BM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4590000 | PA      | $4675601.21   | 0.10%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Reynoldsburg City School District                                                | REYNOLDSBURG OH CITY SCH DIST                                                                                                      | CUSIP: 761852GF3<br>LEI: 5493008FQ0C4VK7NRG77 | Long             | DBT              | MUN               | US        |   3335000 | PA      | $3439124.70   | 0.07%             | 2032-09-01      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                       | CUSIP: 45204EBW7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3202448.32   | 0.07%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                        | CUSIP: 452152H20<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1126608.67   | 0.02%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH FAC REVENUE                                                                                               | CUSIP: 45471CBM9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    830000 | PA      | $849673.57    | 0.02%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                                                                                        | CUSIP: 64966QZY9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  18750000 | PA      | $17741904.38  | 0.38%             | 2027-08-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                   | VAUXMONT MET DIST CO                                                                                                               | CUSIP: 92242SAY9<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    385000 | PA      | $413235.98    | 0.01%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                              | COLUMBUS OH REGL ARPT AUTH REVENUE                                                                                                 | CUSIP: 199546DB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3205000 | PA      | $3276837.51   | 0.07%             | 2045-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE                                                                               | CUSIP: 709224XE4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   6255000 | PA      | $6487362.62   | 0.14%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Convention Center Hotel Revenue                             | BROWARD CNTY FL CONVENTION CTR HOTEL REVENUE                                                                                       | CUSIP: 115012AJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2685000 | PA      | $2932625.20   | 0.06%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                                                                                                   | CUSIP: 57582R5M4<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5366747.00   | 0.11%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532KL7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2680000 | PA      | $2807407.47   | 0.06%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOSP REVENUE                                                                                                    | CUSIP: 74442CDM3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3575000 | PA      | $3038438.62   | 0.07%             | 2038-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                     | CUSIP: 126292AN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2412785.10   | 0.05%             | 2045-07-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily VRD Certificates                                               | FEDERAL HOME LOAN MTGE CORP MF VARIABLE RATE CTFS                                                                                  | CUSIP: 31350ACE6<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   9170000 | PA      | $8026093.85   | 0.17%             | 2035-06-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                     | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE                                                                                   | CUSIP: 39160CBD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $682178.06    | 0.01%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                                                                                             | CUSIP: 613603XE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2796913.08   | 0.06%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Johnstown Plaza Metropolitan District                                            | JOHNSTOWN PLAZA MET DIST CO                                                                                                        | CUSIP: 479706AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2139000 | PA      | $1792985.09   | 0.04%             | 2046-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOSP REVENUE                                                                                                    | CUSIP: 74442CED2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2545000 | PA      | $2530535.24   | 0.05%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denton Independent School District                                               | DENTON TX INDEP SCH DIST                                                                                                           | CUSIP: 249002ED4<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1234928.16   | 0.03%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Infirmary Health System Special Care Facilities Financing Authority of Mobile    | INFIRMARY HLTH SYS AL SPL CARE FACS FING AUTH REVENUE                                                                              | CUSIP: 45663NCA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2680000 | PA      | $2432059.80   | 0.05%             | 2040-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| National Finance Authority                                                       | New Hampshire Business Finance Authority                                                                                           | CUSIP: 63607WAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9644556 | PA      | $413764.97    | 0.01%             | 2036-10-01      | Variable      | 0.68%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                                                                                        | CUSIP: 442349HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3745000 | PA      | $3895344.52   | 0.08%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CA PUBLIC PWR AUTH REVENUE                                                                                                   | CUSIP: 84247PND9<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7361729.90   | 0.16%             | 2055-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                                                                                                  | CUSIP: 93978HNY7<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |  16560000 | PA      | $16566044.40  | 0.35%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                          | CUSIP: 8371514U0<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1089862.92   | 0.02%             | 2044-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                                                                                                 | CUSIP: 19648FKM5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1995000 | PA      | $2070540.28   | 0.04%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE                                                                               | CUSIP: 709225MP8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2254629.30   | 0.05%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Transportation State Highway Fund                            | TEXAS TRANSPRTN COMMISSION ST HIGHWAY FUND REVENUE                                                                                 | CUSIP: 88283LJX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3035000 | PA      | $3050657.26   | 0.07%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | ENERGY N W WA ELEC REVENUE                                                                                                         | CUSIP: 29270CP74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3025000 | PA      | $3025000.00   | 0.06%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | PENNSYLVANIA ST                                                                                                                    | CUSIP: 70914PP89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4700000 | PA      | $4703728.98   | 0.10%             | 2025-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584YB40<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $531078.10    | 0.01%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade Seaport Department                                          | MIAMI-DADE CNTY FL SEAPORT REVENUE                                                                                                 | CUSIP: 59335KEV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2535000 | PA      | $2604873.22   | 0.06%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue       | LOS ANGELES CNTY CA MET TRANSPRTN AUTH SALES TAX REVENUE                                                                           | CUSIP: 54466HLS3<br>LEI: 54930051IHTXE1N9RB42 | Long             | DBT              | MUN               | US        |   6165000 | PA      | $6201499.27   | 0.13%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                                                                                  | CUSIP: 56035DJJ2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2535000 | PA      | $2667928.05   | 0.06%             | 2055-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale AZ                                                              | GLENDALE AZ COPS                                                                                                                   | CUSIP: 37828AAL3<br>LEI: 5493002BC35ZY7XRQ949 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8423460.00   | 0.18%             | 2034-07-01      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| County of Allen OH Hospital Facilities Revenue                                   | ALLEN CNTY OH HOSP FACS REVENUE                                                                                                    | CUSIP: 01757LGT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5400000 | PA      | $5753886.84   | 0.12%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                       | CUSIP: 646140FS7<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2246261.80   | 0.05%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                                                                                          | CUSIP: 837151PL7<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1447716.25   | 0.03%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                                                                                            | CUSIP: 35833TAA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   7201777 | PA      | $5918140.89   | 0.13%             | 2041-07-25      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57585BKA5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015338.50   | 0.02%             | 2045-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                                                                                           | CUSIP: 84136HAU7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   3140000 | PA      | $3244067.14   | 0.07%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Tacoma WA                                                                | PORT TACOMA WA REVENUE                                                                                                             | CUSIP: 735439PV7<br>LEI: 549300MLYO8L64QKXV81 | Long             | DBT              | MUN               | US        |   6775000 | PA      | $6852957.22   | 0.15%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SENIOR LIVING REVENUE                                                                                      | CUSIP: 34061WAN4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3675000 | PA      | $3603937.63   | 0.08%             | 2040-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| City of Bridgeport CT                                                            | BRIDGEPORT CT                                                                                                                      | CUSIP: 108152AU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1087482.48   | 0.02%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado            | STHRN UTE INDIAN TRIBE OF STHRN UTE INDIAN RESERVATION CO                                                                          | CUSIP: 844090AD2<br>LEI: 549300X0RZRBWLO0J697 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10583938.00  | 0.23%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                                                                                                 | CUSIP: 249182KZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16080000 | PA      | $16440298.13  | 0.35%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE                                                                                  | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2830000 | PA      | $2976064.79   | 0.06%             | 2053-02-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                        | MET GOVT NASHVILLE & DAVIDSON CNTY TN                                                                                              | CUSIP: 592112XU5<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   5570000 | PA      | $5963003.60   | 0.13%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                      | CUSIP: 59261AQA8<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |  13755000 | PA      | $14324527.15  | 0.31%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Comanche County Hospital Authority                                               | COMANCHE CNTY OK HOSP AUTH REVENUE                                                                                                 | CUSIP: 199875HK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1235102.75   | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                     | CUSIP: 650116CG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  22110000 | PA      | $22649198.78  | 0.48%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Industrial Development Authority                                  | CHESTER CNTY PA INDL DEV AUTH                                                                                                      | CUSIP: 165588FK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $874665.90    | 0.02%             | 2032-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                                                                                        | CUSIP: 25477GWL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11218486.00  | 0.24%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH AFFORDABLE HSG CTFS                                                                                           | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1932355.20   | 0.04%             | 2040-10-20      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                                                                                        | CUSIP: 64966MP94<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   6100000 | PA      | $6109841.74   | 0.13%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS308B2   IRS USD R V 12MUSCPI IS308C3 CCPINFLATION ZERO / Short: BS308B2   IRS USD P F  2.49900 BS308B2 CCP INFLATION ZERO  | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  64980000 | OU      | $144969.73    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                     | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE                                                                                   | CUSIP: 39160CBF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $432940.37    | 0.01%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | KENTUCKY ST ECON DEV FIN AUTH                                                                                                      | CUSIP: 49126KKP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033857.50   | 0.02%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hospitals & Higher Education Facilities Authority of Philadelphia/The            | PHILADELPHIA PA HOSPS & HGR EDU FACS AUTH                                                                                          | CUSIP: 717903K80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6000000.00   | 0.13%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                       | CUSIP: 45204FVT9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    450000 | PA      | $457616.34    | 0.01%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bridgeport CT                                                            | BRIDGEPORT CT                                                                                                                      | CUSIP: 108152AJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044358.50   | 0.02%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily ML Certificates                                          | Freddie Mac Multifamily                                                                                                            | CUSIP: 3137HC2E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   8346950 | PA      | $8566307.67   | 0.18%             | 2041-08-25      | Variable      | 4.52%                 | No            |                  2 | On Loan: No      |
| County of Carroll KY                                                             | CARROLL CNTY KY ENVRNMNTL FACS REVENUE                                                                                             | CUSIP: 14483RAR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3835000 | PA      | $3718394.14   | 0.08%             | 2034-10-01      | Floating      | 1.75%                 | No            |                  2 | On Loan: No      |
| Orange County Convention Center/Orlando                                          | ORANGE CNTY FL TOURIST DEV TAX                                                                                                     | CUSIP: 684545YW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2006533.20   | 0.04%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH IN WSTWTR UTIL REVENUE                                                                                            | CUSIP: 45505MPG5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    800000 | PA      | $908326.48    | 0.02%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                                                                                               | CUSIP: 57584YPY9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2155706.49   | 0.05%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                            | CUYAHOGA CNTY OH HOSP REVENUE                                                                                                      | CUSIP: 2322655G9<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   2745000 | PA      | $2765891.37   | 0.06%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Houston                                                            | UNIV OF HOUSTON TX UNIV REVENUES                                                                                                   | CUSIP: 914302KJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1826675.55   | 0.04%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH IN WSTWTR UTIL REVENUE                                                                                            | CUSIP: 45505MPC4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1104534.60   | 0.02%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cobb County Kennestone Hospital Authority                                        | COBB CNTY GA KENNESTONE HOSP AUTH                                                                                                  | CUSIP: 190813SH9<br>LEI: 549300TB04LETJYNFR44 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014261.50   | 0.02%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                                                                                           | CUSIP: 717883A28<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   3695000 | PA      | $3944978.20   | 0.08%             | 2039-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                                                                                    | CUSIP: 544525P85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1182834.47   | 0.03%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                       | CUSIP: 74528LAF8<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2217937.20   | 0.05%             | 2041-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                       | CUSIP: 842469AS7<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   2355000 | PA      | $2450854.15   | 0.05%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV                                                                        | CUSIP: 70868YAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5455000 | PA      | $5747342.72   | 0.12%             | 2039-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE                                                                                    | CUSIP: 20775DUX8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |  19535000 | PA      | $19410700.75  | 0.42%             | 2048-07-01      | Floating      | 2.80%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | NEW YORK CITY NY TRANSITIONAL FIN AUTH BLDG AID REVENUE                                                                            | CUSIP: 64972HY48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15945000 | PA      | $16739190.15  | 0.36%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Comanche County Hospital Authority                                               | COMANCHE CNTY OK HOSP AUTH REVENUE                                                                                                 | CUSIP: 199875HM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1280375.42   | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                                                                                        | CUSIP: 64966LV81<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   6720000 | PA      | $6730842.05   | 0.14%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HOSP REVENUE                                                                                                   | CUSIP: 45471ANY4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |  11690000 | PA      | $10966623.97  | 0.23%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE                                                                                    | CUSIP: 23503CDN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5971209.20   | 0.13%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                                                                                      | CUSIP: 93974EVU7<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.21%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447TL35<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950886.10    | 0.02%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH LEASE REVENUE                                                                                             | CUSIP: 71885MBV3<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13267426.90  | 0.28%             | 2044-10-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                         | Long: BS31T56   IRS USD R V 12MUSCPI IS31T67 CCPINFLATIONZERO / Short: BS31T56   IRS USD P F  2.56880 IS31T56 CCPINFLATIONZERO     | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  83000000 | OU      | $-91583.03    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH NATIONAL CHRT SCH REVOLVING LOAN FD                                                                       | CUSIP: 04052FBM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050418.10   | 0.02%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                       | CUSIP: 646140FR9<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |  11235000 | PA      | $12537096.05  | 0.27%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                                    | DELAWARE ST ECON DEV AUTH CHRT SCH REVENUE                                                                                         | CUSIP: 246372AK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $577460.48    | 0.01%             | 2030-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                     | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE                                                                                   | CUSIP: 39160CAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1354214.42   | 0.03%             | 2039-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                                                                                         | CUSIP: 167486V63<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2082951.40   | 0.04%             | 2040-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                        | WISCONSIN CENTER DIST WI TAX REVENUE                                                                                               | CUSIP: 976595FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $955838.08    | 0.02%             | 2028-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                       | CUSIP: 45204EM39<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.11%             | 2037-11-15      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| Cobb County Kennestone Hospital Authority                                        | COBB CNTY GA KENNESTONE HOSP AUTH                                                                                                  | CUSIP: 190813SJ5<br>LEI: 549300TB04LETJYNFR44 | Long             | DBT              | MUN               | US        |    250000 | PA      | $258983.35    | 0.01%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE                                                                                  | CUSIP: 414009SG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3875000 | PA      | $4306498.30   | 0.09%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bridgeport CT                                                            | BRIDGEPORT CT                                                                                                                      | CUSIP: 108152BE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2480000 | PA      | $2541986.36   | 0.05%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | WISCONSIN ST GEN FUND ANNUAL APPROP REVENUE                                                                                        | CUSIP: 977100GQ3<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |  12500000 | PA      | $13014395.00  | 0.28%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                           | CUSIP: 79766DWQ8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7298194.40   | 0.16%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bridgeport CT                                                            | BRIDGEPORT CT                                                                                                                      | CUSIP: 108152BG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1686078.34   | 0.04%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Joaquin Valley Clean Energy Authority                                        | SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE                                                                          | CUSIP: 79811YAK4<br>LEI: 254900VA5DFN33OVGH87 | Long             | DBT              | MUN               | US        |   2990000 | PA      | $3279099.81   | 0.07%             | 2056-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 6461364L2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1644007.04   | 0.04%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                                                                                       | CUSIP: 34061UMA3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2115927.80   | 0.05%             | 2038-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | MET ATLANTA RAPID TRANSIT AUTH GA SALES TAX REVENUE                                                                                | CUSIP: 591746CP5<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2669424.93   | 0.06%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | MARYLAND ST                                                                                                                        | CUSIP: 574193PD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16380000 | PA      | $16406933.63  | 0.35%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | CENTRL PLAINS ENERGY PROJ NE GAS PROJ REVENUE                                                                                      | CUSIP: 154871CU9<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10442827.00  | 0.22%             | 2053-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| 2025 Loan Holding - 1                                                            | 2025 LOAN HOLDING - 1                                                                                                              | CUSIP: 90223AAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15400000 | PA      | $15400000.00  | 0.33%             | 2026-05-01      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 64613CEW4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7570000 | PA      | $6936772.53   | 0.15%             | 2042-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10479216.00  | 0.22%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE                                                                               | CUSIP: 64990F6M1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5228168.50   | 0.11%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE                                                                                     | CUSIP: 392274W28<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3134389.50   | 0.07%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Ports Authority                                                   | SOUTH CAROLINA ST PORTS AUTH PORTS REVENUE                                                                                         | CUSIP: 837123GW2<br>LEI: 5493001YXW15H9J1M026 | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1190000.00   | 0.03%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Whiting IN                                                               | WHITING IN ENVRNMNTL FACS REVENUE                                                                                                  | CUSIP: 96634RAZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1817340.62   | 0.04%             | 2044-06-01      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 1675934H2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2620779.00   | 0.06%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                              | LOUISVILLE & JEFFERSON CNTY KY MET GOVT HLTH SYS REVENUE                                                                           | CUSIP: 54659LAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.04%             | 2039-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                                                                                         | CUSIP: 64972JTC2<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5140000 | PA      | $5337576.97   | 0.11%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REV                                                                                                    | CUSIP: 64577XEV4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2065000 | PA      | $2275342.97   | 0.05%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BAYLOR SCOTT & WHITE HOL                                                         | Baylor Scott & White Holdings                                                                                                      | CUSIP: 072863AG8<br>LEI: 549300JQDKSBWYRGGV95 | Long             | DBT              | CORP              | US        |   5835000 | PA      | $5716141.05   | 0.12%             | 2025-11-15      | Fixed         | 0.83%                 | No            |                  2 | On Loan: No      |
| City of Bridgeport CT                                                            | BRIDGEPORT CT                                                                                                                      | CUSIP: 108152GS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6610000 | PA      | $6902309.40   | 0.15%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HACKENSACK MERIDIAN HLTH                                                         | Hackensack Meridian Health Inc                                                                                                     | CUSIP: 404530AC1<br>LEI: 5493001CB3OCWTEJY668 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $4894120.00   | 0.10%             | 2041-09-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                     | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7194232.50   | 0.15%             | 2040-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                                                                                            | CUSIP: 04780MF38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7105000 | PA      | $7248890.46   | 0.16%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                                                                                                   | CUSIP: 63608TAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    678000 | PA      | $673437.60    | 0.01%             | 2033-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                                                                                        | CUSIP: 452153EH8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4244325.20   | 0.09%             | 2037-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 1675934L3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4207761.20   | 0.09%             | 2040-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | JEA FL WTR & SWR REVENUE                                                                                                           | CUSIP: 46615SFL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1697495.42   | 0.04%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                             | HILLSBOROUGH CNTY FLA INDL DEVAUTH HEALTH SYS REVENUE                                                                              | CUSIP: 43233KAH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2237442.80   | 0.05%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                       | CHICAGO IL MET WTR RECLAMATION DIST GREATER CHICAGO                                                                                | CUSIP: 167560PL9<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2067308.20   | 0.04%             | 2038-12-01      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | NEW YORK CITY NY TRANSITIONAL FIN AUTH BLDG AID REVENUE                                                                            | CUSIP: 64972HY30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18035000 | PA      | $18996613.58  | 0.41%             | 2031-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 167593L34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6022512.00   | 0.13%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                      | CUSIP: 592647MY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1713790.32   | 0.04%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE                                                                       | CUSIP: 64542UFX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1004549.12   | 0.02%             | 2037-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                                                                                         | CUSIP: 735389H43<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033894.70   | 0.02%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | CONNECTICUT ST                                                                                                                     | CUSIP: 20772KCH0<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5615705.15   | 0.12%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                                                                                        | CUSIP: 594698PZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2428859.52   | 0.05%             | 2026-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                                                                                       | CUSIP: 646140GB3<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7829755.50   | 0.17%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH IN WSTWTR UTIL REVENUE                                                                                            | CUSIP: 45505MPE0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1924236.86   | 0.04%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 64613CEF1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1539171.63   | 0.03%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                                                                                       | CUSIP: 63607YAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2248606.58   | 0.05%             | 2027-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                     | CUSIP: 650116GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5438768.50   | 0.12%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SCAGO Educational Facilities Corp for Pickens School District                    | SCAGO SC EDUCTNL FACS CORP FOR PICKENS SCH DIST                                                                                    | CUSIP: 80585TCD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2503535.75   | 0.05%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                            | HAMILTON CNTY OH HLTH CARE FACS REVENUE                                                                                            | CUSIP: 40727TDN1<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   4045000 | PA      | $4028503.28   | 0.09%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Paso County Hospital District                                                 | EL PASO CNTY TX HOSP DIST                                                                                                          | CUSIP: 283590HW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5221631.00   | 0.11%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | COLORADO ST COPS                                                                                                                   | CUSIP: 196711UZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $12305866.10  | 0.26%             | 2041-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | CENTRL PLAINS ENERGY PROJ NE GAS SPLY REVENUE                                                                                      | CUSIP: 154872AY1<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   3005000 | PA      | $3180629.03   | 0.07%             | 2055-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Water Resources Authority                                          | MASSACHUSETTS ST WTR RESOURCES AUTH                                                                                                | CUSIP: 576049V64<br>LEI: 549300GBS2G3YGHOYO19 | Long             | DBT              | MUN               | US        |  12510000 | PA      | $12533670.17  | 0.27%             | 2025-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida State Board of Governors                                                 | FLORIDA ST BRD GOVERNORS FL STUNIV ATHLETICS ASSN REVENUE                                                                          | CUSIP: 34157NAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10380972.00  | 0.22%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grapevine Wash Local District                                                    | GRAPEVINE WASH LOCAL DIST UT SPL ASSMNT                                                                                            | CUSIP: 38860FAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1498553.60   | 0.03%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                                                                                       | CUSIP: 45203H4V1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003950.00   | 0.02%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Suffolk Tobacco Asset Securitization Corp                                        | SUFFOLK NY TOBACCO ASSET SECURITIZATION CORP TOBACCO SETTLEM                                                                       | CUSIP: 864809BK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1072347.02   | 0.02%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532NV2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   4530000 | PA      | $4776493.61   | 0.10%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Medford Hospital Facilities Authority                                            | MEDFORD OR HOSP FACS AUTH REVENUE                                                                                                  | CUSIP: 584283GP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1343028.44   | 0.03%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                                                                                            | CUSIP: 118217CU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $935395.60    | 0.02%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Educational Facilities Authority                               | MIAMI-DADE CNTY FL EDUCTNL FACS AUTH REVENUE                                                                                       | CUSIP: 59333APN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2860000 | PA      | $3052658.75   | 0.07%             | 2040-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                                 | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1346318 | PA      | $930750.56    | 0.02%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                        | CUSIP: 13013JEP7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1479247.98   | 0.03%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT REVENUE                                                                                 | CUSIP: 93978LGN0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2025000 | PA      | $2141450.26   | 0.05%             | 2043-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                             | VIRGINIA BEACH VA DEV AUTH RSDL CARE FAC REVENUE                                                                                   | CUSIP: 92774NBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009618.90   | 0.02%             | 2029-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Central Texas Turnpike System                                                    | TEXAS ST TRANSPRTN COMMISSION CENTRAL TX TURNPIKE SYS REVENU                                                                       | CUSIP: 88283KBV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3322297.90   | 0.07%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH WTR FACS REVENUE                                                                                       | CUSIP: 645780FT9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   7755000 | PA      | $7752384.24   | 0.17%             | 2034-11-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | MISSISSIPPI ST                                                                                                                     | CUSIP: 605581EH6<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |   5525000 | PA      | $5539194.28   | 0.12%             | 2031-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                          | CUSIP: 13032UYT9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1524898.74   | 0.03%             | 2054-08-15      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                                                                                       | CUSIP: 649519DF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $3928616.28   | 0.08%             | 2069-09-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SPL REVENUE                                                                                                     | CUSIP: 74447TAA0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    742000 | PA      | $549733.33    | 0.01%             | 2029-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority                                    | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                                                                                        | CUSIP: 02936TAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1659221.88   | 0.04%             | 2028-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | KENTUCKY ST ECON DEV FIN AUTH                                                                                                      | CUSIP: 49126KJY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5870000 | PA      | $5978900.83   | 0.13%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                             | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE                                                                                  | CUSIP: 73360CAS3<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2020634.20   | 0.04%             | 2026-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                                                                                       | CUSIP: 167593Z54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $524898.10    | 0.01%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH SALES TAX REVENUE                                                                                            | CUSIP: 64990AGM1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  14705000 | PA      | $14878820.45  | 0.32%             | 2039-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | CONNECTICUT ST SPL TAX OBLIG REVENUE                                                                                               | CUSIP: 207758D59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2840000 | PA      | $2959846.30   | 0.06%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP WTR SYS REVENUE                                                                                         | CUSIP: 71883RRE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1815858.70   | 0.04%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                                                                                       | CUSIP: 928104MV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1630631.36   | 0.03%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fayette County Development Authority                                             | FAYETTE CNTY GA DEV AUTH REVENUE                                                                                                   | CUSIP: 31222PAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $336321.57    | 0.01%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532MP6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2085613.80   | 0.04%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                                                                                                     | CUSIP: 63607WAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4965534 | PA      | $197076.59    | 0.00%             | 2039-08-20      | Variable      | 0.51%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUB FIN AUTH WI TAX INCREMENT REVNUE                                                                                               | CUSIP: 74448EAA2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1089927.85   | 0.02%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tri-County Metropolitan Transportation District of Oregon                        | TRI-CNTY MET TRANSPRTN DIST OR REVENUE                                                                                             | CUSIP: 89546RPP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2457542.20   | 0.05%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                     | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE                                                                                   | CUSIP: 39160CAK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1566286.20   | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                 | TAMPA FL CAPITAL IMPT CIGARETTE TAX ALLOCATION                                                                                     | CUSIP: 875146AT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $421162.82    | 0.01%             | 2035-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Howard Bend Levee District                                                       | HOWARD BEND MO LEVEE DIST                                                                                                          | CUSIP: 442499CE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $802661.61    | 0.02%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Medford Hospital Facilities Authority                                            | MEDFORD OR HOSP FACS AUTH REVENUE                                                                                                  | CUSIP: 584283GV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1360360.17   | 0.03%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                      | CUSIP: 59261ADP9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |  20070000 | PA      | $20583460.85  | 0.44%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH LEASE REVENUE                                                                                          | CUSIP: 64577FBU8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3505874.05   | 0.08%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                                                    | Lendbuzz Securitization Trust 2023-1                                                                                               | CUSIP: 52608LAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3511602 | PA      | $3561191.74   | 0.08%             | 2028-08-15      | Fixed         | 6.92%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP ARPT REVENUE                                                                                            | CUSIP: 71883MPH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1250000.00   | 0.03%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                           | CUSIP: 544532LT9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2151714.00   | 0.05%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                    | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                                                                                       | CUSIP: 514350AJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $429006.36    | 0.01%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bridgeport CT                                                            | BRIDGEPORT CT                                                                                                                      | CUSIP: 108152AV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4612475.25   | 0.10%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                                                                                       | CUSIP: 59447TL50<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1852011.20   | 0.04%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                          | PHILADELPHIA PA                                                                                                                    | CUSIP: 717813WP0<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1454238.05   | 0.03%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                            | CUSIP: 64613CEE4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2915000 | PA      | $2995386.08   | 0.06%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp II                               | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP II GAS SPLY REVENU                                                                       | CUSIP: 88255QBH1<br>LEI: 8E22IH4TQD26WYDGHB25 | Long             | DBT              | MUN               | US        |   3990000 | PA      | $3992076.80   | 0.09%             | 2027-09-15      | Floating      | 3.71%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE                                                                                     | CUSIP: 392275EA7<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1955228.76   | 0.04%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                                                                                      | CUSIP: 592647NC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002136.60   | 0.04%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                      | CALIFORNIA ST ENTERPRISE DEV AUTH LEASE REVENUE                                                                                    | CUSIP: 13067VBG8<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   5005000 | PA      | $5622608.99   | 0.12%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tempe AZ                                                                 | TEMPE AZ COPS                                                                                                                      | CUSIP: 87971LAQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4173973.50   | 0.09%             | 2033-07-01      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                                                                                         | CUSIP: 64972JJW9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3642618.90   | 0.08%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Turnpike Authority                                                      | KENTUCKY ST TURNPIKE AUTH ECON DEV ROAD REVENUE                                                                                    | CUSIP: 491552J89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5075000 | PA      | $5165759.27   | 0.11%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                                                                                      | CUSIP: 82652UAU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1286250.63   | 0.03%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS WTR DEV BRD ST WTR IMPLEMENTATION REVENUE FUND                                                                               | CUSIP: 88285ACL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006043.00   | 0.02%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Municipal Electric Agency                                               | ILLINOIS ST MUNI ELEC AGY PWR SPLY                                                                                                 | CUSIP: 452024HV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16370000 | PA      | $16389084.15  | 0.35%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** BERNSTEIN SANFORD C FUND INC

**Signature:** Stephen Woetzel

**Name of Signer:** Stephen Woetzel

**Title:** Controller