# EDGAR Filing Document

**Accession Number:** 0001098605
**File Stem:** 0001099263-26-003065
**Filing Date:** 2026-3
**Character Count:** 153926
**Document Hash:** 88a14373965add040a8c69251dcc7cf2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-26-003065.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0001099263-26-003065

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO Managed Accounts Trust
- **CENTRAL INDEX KEY:** 0001098605

**ORGANIZATION NAME:**
- **EIN:** 066484967
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09721
- **FILM NUMBER:** 26705877

**BUSINESS ADDRESS:**
- **STREET 1:** 1633 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-739-4000

**MAIL ADDRESS:**
- **STREET 1:** 1633 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AllianzGI Managed Accounts Trust
- **DATE OF NAME CHANGE:** 20130125

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANZ GLOBAL INVESTORS MANAGED ACCOUNTS TRUST
- **DATE OF NAME CHANGE:** 20090626

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANZ GLOBAL INVESTORS
- **DATE OF NAME CHANGE:** 20090626

## Series and Classes Contracts Data

### Fixed Income SHares: Series TE (Series ID: S000037220)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000114641 | Series TE    | FXIEX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PIMCO Managed Accounts Trust

- **b. Investment Company Act file number:** 811-09721

- **c. CIK number of Registrant:** 0001098605

- **d. LEI of Registrant:** 549300QOE6UAECNZYE02

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

  - **Street Address 1:** 1633 Broadway

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10019

  - **Telephone number:** (800) 927-4648

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

- **a. Name of Series:** Fixed Income SHares: Series TE

- **b. EDGAR series identifier (if any):** S000037220

- **c. LEI of Series:** 549300OOPPJ74IOR7443

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $265610929.55

**Total Liabilities:** $8225733.68

**Net Assets:** $257385195.87

**Cash Not Reported:** $6659616.10

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1219.398100 | **1-Year:** 2317.900400 | **5-Year:** 23616.386200 | **10-Year:** 90209.394300 | **30-Year:** 3492.807500

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

- **3-Month:** 40.878300 | **1-Year:** 1076.790600 | **5-Year:** 22896.426100 | **10-Year:** 39188.067500 | **30-Year:** 1911.396300

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000114641 | 1.28%                | 0.28%                | 0.00%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $64453.75                | $1976375.60                                |
| Month 2  | $125919.68               | $-318233.16                                |
| Month 3  | $130878.89               | $-1248981.47                               |

**Designated Index Information**

- **Index Name:** 50% Bloomberg 10 Year Municipal Bond Index, 50% Bloomberg Municipal Bond High Yield Total Return Unhedged USD Index

- **Index Identifier:** LM10TR, LMHYTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CALIFORNIA STATE                                                        | CALIFORNIA ST CAS 12/30 FIXED 3.875                         | CUSIP: 13063CXP0<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500076.85    | 0.19%             | 2030-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                     | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/50 FIXED 4.214     | CUSIP: 38122ND66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $73222.99     | 0.03%             | 2050-06-01      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY HOUSING AGENCY                                     | CALIFORNIA CMNTY HSG AGY ESSEN CCHHSG 08/52 FIXED OID 4.5   | CUSIP: 13013FBH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $194630.35    | 0.08%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                     | NEW HOPE CULTURAL ED FACS FIN NHPFAC 11/60 FIXED 5          | CUSIP: 64542UHC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $963725.10    | 0.37%             | 2060-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                          | BLACK BELT ENERGY GAS DIST AL BLACK BELT ENGY GAS C         | CUSIP: 09182TDB0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2198987.40   | 0.85%             | 2054-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO TRANSIT AUTHORITY SALES TAX RECEIPTS FUND                       | CHICAGO IL TRANSIT AUTH SALES CHITRN 12/49 FIXED 5          | CUSIP: 16772PEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $311052.93    | 0.12%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                             | OHIO ST HSG FIN AGY MF HSG REV OHSMFH 01/45 FIXED 6.375     | CUSIP: 676900XS7<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    250000 | PA      | $258791.38    | 0.10%             | 2045-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                   | CSCDA CMNTY IMPT AUTH CA ESSEN CDAHSG 09/62 INT APROID VAR  | CUSIP: 126292CP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $329059.40    | 0.13%             | 2062-09-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| PIONEER RANCH COMMUNITY DEVELOPMENT DISTRICT                            | PIONEER RANCH CDD FL SPL ASSMN PITDEV 05/44 FIXED 5         | CUSIP: 723846AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $776626.34    | 0.30%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE | NEW YORK CITY NY TRANSITIONAL NYCGEN 05/46 FIXED 5          | CUSIP: 64972JHY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045257.80   | 0.41%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SHAKOPEE MN SENIOR HOUSING REVENUE                              | SHAKOPEE MN SENIORHSG REVENUE SHAHSG 11/45 FIXED 5.625      | CUSIP: 81919TAD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251840.13    | 0.10%             | 2045-11-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FLA HEALTH FACS AUTH FEV                                    | ORANGE CNTY FL HLTH FACS AUTH ORAMED 08/47 FIXED 5          | CUSIP: 68450LJB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150343.83    | 0.06%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST JOHNSONS CNTY FLA INDL DEV AUTH                                      | SAINT JOHNS CNTY FL INDL DEV A STJMED 12/29 FIXED 4         | CUSIP: 79041LAJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $223947.09    | 0.09%             | 2029-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY                  | CALIFORNIA STWD CMNTYS DEV AUT CASGEN 08/57 FIXED OID 5.375 | CUSIP: 13080SM84<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $257101.60    | 0.10%             | 2057-08-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| EDGEWATER WEST COMMUNITY DEVELOPMENT DISTRICT                           | EDGEWATER WEST CDD FL SPL ASSM EDWDEV 05/44 FIXED 5.25      | CUSIP: 28035BAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $496136.45    | 0.19%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE FL AVIATION REVENUE                                | MIAMI DADE CNTY FL AVIATION RE MIATRN 10/55 FIXED 5.25      | CUSIP: 593340AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050211.40   | 0.41%             | 2055-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIBERTY DEVELOPMENT CORPORATION                                | NEW YORK ST LIBERTY DEV CORP L NYCDEV 11/44 FIXED 5         | CUSIP: 649519DA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999785.60    | 0.39%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                           | BUCKS CNTY PA INDL DEV AUTH HO BUCMED 07/40 FIXED 5         | CUSIP: 11861MBJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1290135.88   | 0.50%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                             | WASHINGTON ST HSG FIN COMMISSI WASHSG 07/64 FIXED 7         | CUSIP: 93978LJR8<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102669.92    | 0.04%             | 2064-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| DENTON ESSENTIAL INVESTMENTS PUBLIC FACILITY CORP                       | DENTON ESSENTIAL INVESTMENTS 01/43 1                        | CUSIP: 24881CAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.12%             | 2043-01-01      | Variable      | 6.70%                 | No            |                  3 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                | MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/50 FIXED 6         | CUSIP: 57585BKH0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065123.10   | 0.41%             | 2050-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MOON INDUSTRIAL DEVELOPMENT AUTHORITY                                   | MOON INDL DEV AUTH PA REVENUE MOODEV 07/45 FIXED OID 6      | CUSIP: 61543RAT3<br>LEI: 549300CGX4T1GTNHL435 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $982545.40    | 0.38%             | 2045-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DISTRICT                                     | LAKEWOOD RANCH FL STEWARDSHIP LKRGEN 05/44 FIXED 5.25       | CUSIP: 51265KFY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $591091.69    | 0.23%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CITY OF CELINA TX                                                       | CELINA TX SPL ASSESSMENT REVEN CELGEN 09/54 FIXED 5.5       | CUSIP: 15114CJU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511328.80    | 0.20%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE FL AVIATION REVENUE                                | MIAMI DADE CNTY FL AVIATION RE MIATRN 10/34 FIXED 5         | CUSIP: 59333P7L6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $493700.86    | 0.19%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BERRY BAY II COMMUNITY DEVELOPMENT DISTRICT                             | BERRY BAY II CDD FL SPL ASSMNT BBADEV 05/31 FIXED 4.45      | CUSIP: 08577DAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $222765.18    | 0.09%             | 2031-05-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VILLAGE PUBLIC INFRASTRUCTURE DISTRICT                    | MIDA MOUNTAIN VLG PUBLIC INFRA MMVDEV 06/54 FIXED 6         | CUSIP: 59561UAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027145.10   | 0.40%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GRAND PARKWAY TRANSPORTATION CORPORATION                                | GRAND PARKWAY TRANSPRTN CORP T GPTTRN 10/43 FIXED 5         | CUSIP: 38611TBQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024432.20   | 0.40%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE OF GILBERTS IL SPECIAL SERVICE AREA NO 24                       | GILBERTS IL SPL SVC AREA  24 S GILFAC 03/34 FIXED 5.375     | CUSIP: 37546QAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    442614 | PA      | $428675.56    | 0.17%             | 2034-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| UIPA CROSSROADS PUBLIC INFRASTRUCTURE DISTRICT                          | UIPA CROSSROADS PUB INFRASTRUC UIPDEV 06/52 FIXED 4.375     | CUSIP: 90279EAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $917001.80    | 0.36%             | 2052-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CLUB MUNICIPAL MANAGEMENT DISTRICT NO 1                                 | CLUB MUNI MGMT DIST  1 TX SPL CLBGEN 09/44 FIXED 5.1        | CUSIP: 18948PAJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350835.45    | 0.14%             | 2044-09-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI REVENUE PUBGEN 06/56 FIXED 4.5           | CUSIP: 74442PSG1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    225000 | PA      | $157500.00    | 0.06%             | 2056-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL WE6104 FR 01/41 FIXED 3.72                | CUSIP: 3132YBX92<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    981076 | PA      | $910180.85    | 0.35%             | 2041-01-01      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                       | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 03/55 ADJUSTABLE VAR  | CUSIP: 84136HBT9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2111506.00   | 0.82%             | 2055-03-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| WILLOW BEND METROPOLITAN DISTRICT                                       | WILLOW BEND MET DIST CO WILDEV 12/49 FIXED 5                | CUSIP: 97111VAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $476439.50    | 0.19%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY DEDICATED REVENUE        | WASHINGTON DC MET AREA TRANSIT DCTTRN 07/55 FIXED 5.25      | CUSIP: 93878YEB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $315933.27    | 0.12%             | 2055-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MANOR HOUSING PUBLIC FACILITY CORP                                      | MANOR HSG PUBLIC FAC CORP TX M MNRMFH 11/42 ADJUSTABLE VAR  | CUSIP: 56406AAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201420.02    | 0.08%             | 2042-11-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                             | OHIO ST HSG FIN AGY MF HSG REV OHSMFH 01/45 FIXED 6.3       | CUSIP: 676900YF4<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506419.75    | 0.20%             | 2045-01-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| OHIO AIR QUALITY DEVELOPMENT AUTHORITY                                  | OHIO ST AIR QUALITY DEV AUTH E OHSDEV 07/49 FIXED 5         | CUSIP: 67754AAF1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    750000 | PA      | $676142.48    | 0.26%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                           | BUCKS CNTY PA INDL DEV AUTH HO BUCMED 07/51 FIXED 4         | CUSIP: 11861MBM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $671564.48    | 0.26%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                     | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 07/36 FIXED OID 4.25  | CUSIP: 64542PBV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $717600.00    | 0.28%             | 2036-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BABCOCK RANCH COMMUNITY INDEPENDENT SPECIAL DISTRICT                    | BABCOCK RANCH CMNTY INDEP SPL BARGEN 05/42 FIXED 5          | CUSIP: 05616KBR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $304774.80    | 0.12%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL WE6100 FR 08/38 FIXED 4.25                | CUSIP: 3132YBX50<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    988505 | PA      | $980861.24    | 0.38%             | 2038-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| COLORADO CROSSING METROPOLITAN DISTRICT NO 2                            | COLORADO CROSSING MET DIST  2 CCRGEN 12/47 FIXED 5          | CUSIP: 19645YAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $482022.25    | 0.19%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA PUBLIC SERVICES AUTHORITY (AKA: SANTEE COOPER)           | SOUTH CAROLINA ST PUBLIC SVC A SC PUB SVC AUTH A            | CUSIP: 8371514E6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    200000 | PA      | $210407.24    | 0.08%             | 2049-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STERLING RANCH COMMUNITY AUTHORITY BOARD                                | STERLING RANCH CMNTY AUTH BRD STRDEV 12/54 FIXED 5.75       | CUSIP: 85950NAY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502917.80    | 0.20%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY 2024-ML25                                       | FREDDIE MAC MULTIFAMILY FRETE 2024 ML25 BCA                 | CUSIP: 30339BAB0<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |    300000 | PA      | $202257.38    | 0.08%             | 2043-01-25      | Variable      | 3.43%                 | No            |                  2 | On Loan: No      |
| RAMPART RANGE METROPOLITAN DISTRICT NO 5                                | RAMPART RANGE CO MET DIST  5 RAMGEN 12/36 FIXED 4           | CUSIP: 75157WAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $714972.60    | 0.28%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELECTRIC POWER AUTHORITY                                    | PUERTO RICO ELEC PWR AUTH 07/40 0                           | CUSIP: 74526YEE1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $770500.00    | 0.30%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ARKANSAS DEVELOPMENT FINANCE AUTHORITY                                  | ARKANSAS ST DEV FIN AUTH INDL ARSDEV 09/49 FIXED 4.5        | CUSIP: 04108WCC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1166720.28   | 0.45%             | 2049-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ROYSE CITY INDEPENDENT SCHOOL                                           | ROYSE CITY TX INDEP SCH DIST ROYSE ISD                      | CUSIP: 780869YU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $206069.22    | 0.08%             | 2054-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                          | BLACK BELT ENERGY GAS DIST AL BBEUTL 12/55 ADJUSTABLE VAR   | CUSIP: 09182TGC5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    300000 | PA      | $321059.04    | 0.12%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VILLAGE PUBLIC INFRASTRUCTURE DISTRICT                    | MIDA MOUNTAIN VLG PUBLIC INFRA MMVDEV 06/50 FIXED OID 5.5   | CUSIP: 59561UAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501185.55    | 0.19%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BROOKHAVEN LOCAL DEVELOPMENT CORP                                       | BROOKHAVEN NY LOCAL DEV CORP R BRODEV 11/55 FIXED 4         | CUSIP: 113168BL1<br>LEI: 549300384JET720NAQ98 | Long             | DBT              | MUN               | US        |    500000 | PA      | $415792.35    | 0.16%             | 2055-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                     | NEW HOPE CULTURAL ED FACS FIN NHPFAC 11/55 FIXED 5          | CUSIP: 64542UHB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $486726.90    | 0.19%             | 2055-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY                         | NEW YORK CITY NY MUNI WTR FIN NYCUTL 06/53 FIXED 5.25       | CUSIP: 64972GF41<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    200000 | PA      | $210185.52    | 0.08%             | 2053-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY                          | BUCKEYE OH TOBACCO SETTLEMENT BUCGEN 06/55 FIXED 5          | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5400000 | PA      | $4377967.92   | 1.70%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AVENIR COMMUNITY DEVELOPMENT DISTRICT                                   | AVENIR FL CDD SPL ASSMNT AVRDEV 05/54 FIXED OID 5.625       | CUSIP: 05357JAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $405564.45    | 0.16%             | 2054-05-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MINNESOTA AGRICULTURAL & ECONOMIC DEVELOPMENT BOARD                     | MINNESOTA ST AGRIC   ECON DEVB MNSAGR 01/54 FIXED 5.25      | CUSIP: 6049203E6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035179.90   | 0.40%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                  | PUERTO RICO SALES TAX FING COR PRCGEN 07/46 ZEROCPNOID 0    | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1730000 | PA      | $581324.63    | 0.23%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DALLAS FORT WORTH INTERNATIONAL AIRPORT                                 | DALLAS FORT WORTH TX INTERNATI DALAPT 11/43 FIXED 5.25      | CUSIP: 23503CGE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067976.40   | 0.41%             | 2043-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                              | ILLINOIS ST FIN AUTH REVENUE ILSGEN 05/43 FIXED 5           | CUSIP: 45204EL97<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    440000 | PA      | $448435.28    | 0.17%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                         | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 06/59 FIXED 6         | CUSIP: 650116JQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $789366.00    | 0.31%             | 2059-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FINANCE AUTHORITY OF MAINE                                              | MAINE ST FIN AUTH SOL WST DISP MESPOL 08/35 FIXED 5         | CUSIP: 56042CAZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $697199.54    | 0.27%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALDWIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                         | BALDWIN CNTY AL INDL DEV AUTH BLWPOL 06/55 ADJUSTABLE VAR   | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $816067.04    | 0.32%             | 2055-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| JARRELL INDEPENDENT SCHOOL DISTRICT                                     | JARRELL TX INDEP SCH DIST JARSCD 02/53 FIXED 5              | CUSIP: 471146XA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $618517.98    | 0.24%             | 2053-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO STATE                                                          | COLORADO ST BLDG EXCELLENT SCH COSEDU 03/46 FIXED 4         | CUSIP: 19668QNX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $951249.40    | 0.37%             | 2046-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 15                            | VILLAGE CDD NO 15 SPL ASSMNT R VGEDEV 05/34 FIXED 4         | CUSIP: 92708KAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253924.98    | 0.10%             | 2034-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SECURITIZATION AUTH SOUTHN CAL T                                | TOBACCO SECURITIZATION AUTH ST TOBGEN 06/54 ZEROCPNOID 0    | CUSIP: 888804CU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $413589.80    | 0.16%             | 2054-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL WE6090 FR 08/40 FIXED 5.21                | CUSIP: 3132YBXT8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    295561 | PA      | $317289.96    | 0.12%             | 2040-08-01      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY                             | CALIFORNIA ST EDUCTNL FACS AUT CASEDU 10/53 FIXED OID 5.5   | CUSIP: 130179VJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $968909.00    | 0.38%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                | ARIZONA INDL DEV AUTH DEV REVE AZSDEV 12/55 FIXED 6.75      | CUSIP: 04052LAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $256033.35    | 0.10%             | 2055-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ARLINGTON HIGHER EDUCATION FINANCE CORPORATION                          | ARLINGTON TX HGR EDU FIN CORP ARLEDU 08/50 FIXED OID 4.5    | CUSIP: 041807MJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003343.30   | 0.39%             | 2050-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| STATE OF ILLINOIS SALES TAX REVENUE                                     | ILLINOIS ST SALES TAX REVENUE ILSGEN 06/34 FIXED 3          | CUSIP: 452227KF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1113208.46   | 0.43%             | 2034-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CANYONS METROPOLITAN DISTRICT NO 5                                      | CANYONS MET DT 5 B CNYFAC 12/54 FIXED 6.5                   | CUSIP: 139071AZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $249774.88    | 0.10%             | 2054-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LIBERTY HILL INDEPENDENT SCHOOL DISTRICT                                | LIBERTY HILL TX INDEP SCH DIST LBHSCD 02/55 FIXED 5         | CUSIP: 530574TY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2077298.40   | 0.81%             | 2055-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN STATE HOSPITAL FINANCE AUTHORITY                               | MICHIGAN ST HOSP FIN AUTH MISMED 08/55 ADJUSTABLE VAR       | CUSIP: 59465HXF8<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1707671.70   | 0.66%             | 2055-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                             | OHIO ST HSG FIN AGY RSDL MTGE OHSHSG 03/55 FIXED 6.25       | CUSIP: 67756UBE7<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    695000 | PA      | $763808.54    | 0.30%             | 2055-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC GOLD POOL                                                   | FED HM LN PC POOL WE6072 FR 07/39 FIXED 3.85                | CUSIP: 3132YBW93<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |    487137 | PA      | $461887.87    | 0.18%             | 2039-07-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CENTERRA METROPOLITAN DISTRICT NO 1                                     | CENTERRA CO MET DIST  1 SPL RE CETGEN 12/37 FIXED 5         | CUSIP: 15200XAF0<br>LEI: 549300SHE5ZPSMGZH793 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250088.05    | 0.10%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY                         | CALIFORNIA CNTY CA TOBACCO SEC CASGEN 06/55 ZEROCPNOID 0    | CUSIP: 13016NFC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $190355.10    | 0.07%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SUNRISE COMMUNITY DEVELOPMENT DISTRICT                                  | SUNRISE CDD FL CAPITAL IMPT RE SSEDEV 05/45 FIXED OID 5.625 | CUSIP: 86771UAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $347374.09    | 0.13%             | 2045-05-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                   | WISCONSIN HLTH EDL FACS AUTH S WISMED 11/55 FIXED OID 6.25  | CUSIP: 97671VCX1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    600000 | PA      | $594685.68    | 0.23%             | 2055-11-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                  | PUERTO RICO SALES TAX FING COR PRCGEN 07/40 FIXED 4.55      | CUSIP: 74529JRQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    500000 | PA      | $500325.70    | 0.19%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ELBERT COUNTY INDEPENDENCE WATER & SANITATION DISTRICT                  | INDEPENDENCE WTR   SANTN DIST INDUTL 12/33 FIXED OID 5.125  | CUSIP: 45380AAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $901823.30    | 0.35%             | 2033-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| DADE CNTY FLA SCH DIST                                                  | MIAMI DADE CNTY FL SCH DIST MIASCD 03/42 FIXED 4            | CUSIP: 59333RJB1<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001247.00   | 0.39%             | 2042-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                          | BLACK BELT ENERGY GAS DIST AL BBEUTL 10/35 FIXED 5          | CUSIP: 09182TGM3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1271646.00   | 0.49%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                                  | IOWA ST FIN AUTH MF REVENUE IASMFH 07/43 FIXED 4.65         | CUSIP: 46246JNM3<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2038793.60   | 0.79%             | 2043-07-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BABCOCK RANCH COMMUNITY INDEPENDENT SPECIAL DISTRICT                    | BABCOCK RANCH CMNTY INDEP SPL BARGEN 05/32 FIXED OID 4.25   | CUSIP: 05616KBQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $394860.41    | 0.15%             | 2032-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DENTON ESSENTIAL INVESTMENTS PFC                                        | BONNIE BRAE FIXED TERM LOAN                                 | CUSIP: BA000PLR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1643004.00   | 0.64%             | 2059-06-02      | Fixed         | 7.21%                 | No            |                  3 | On Loan: No      |
| HICKORY TREE COMMUNITY DEVELOPMENT DISTRICT                             | HICKORY TREE CMNTY DEV DIST HICKORY TREE CDD                | CUSIP: 429079AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $245665.10    | 0.10%             | 2055-05-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV                           | MARYLAND ST HLTH   HGR EDUCTNL MDSMED 07/45 ADJUSTABLE VAR  | CUSIP: 57421CHV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $326652.36    | 0.13%             | 2045-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF CUYAHOGA OH                                                   | CUYAHOGA CNTY OH HOSP REVENUE CUYMED 02/57 FIXED 5.5        | CUSIP: 2322655V6<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |    510000 | PA      | $500513.64    | 0.19%             | 2057-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PARRISH LAKES COMMUNITY DEVELOPMENT DISTRICT                            | PARRISH LAKES CDD CAPITAL IMPT PRLDEV 05/44 FIXED 5.5       | CUSIP: 70183FAH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $481732.13    | 0.19%             | 2044-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FINANCE AUTHORITY OF MAINE                                              | MAINE ST FIN AUTH SOL WST DISP MESPOL 12/47 ADJUSTABLE VAR  | CUSIP: 56042CAY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252128.35    | 0.10%             | 2047-12-01      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                             | ILLINOIS ST ILS 05/37 FIXED 5                               | CUSIP: 452153JU4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1102124.50   | 0.43%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST JOHNSONS CNTY FLA INDL DEV AUTH                                      | SAINT JOHNS CNTY FL INDL DEV A STJMED 12/30 FIXED 4         | CUSIP: 79041LAK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $198823.12    | 0.08%             | 2030-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                         | CALIFORNIA CMNTY CHOICE FING A CCEDEV 10/55 ADJUSTABLE VAR  | CUSIP: 13013JGR1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    600000 | PA      | $622564.32    | 0.24%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DAYTON-MONTGOMERY COUNTY PORT AUTHORITY                                 | DAYTON MONTGOMERY CNTY OH PORT DAYTRN 01/45 FIXED 6.625     | CUSIP: 23982CAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $208588.64    | 0.08%             | 2045-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| TAKE BACK & EXIT FACILITY FKA GMR/ALEON                                 | AM BIDCO HOLDINGS LLC (DRS)                                 | CUSIP: 958ADP902<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         6 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| DENTON CNTY TEX                                                         | DENTON CNTY TX SPL ASSMNT REVE DNNDEV 12/55 FIXED 6.125     | CUSIP: 24880GAS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1290354.50   | 0.50%             | 2055-12-31      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORPORATION        | TARRANT CNTY TX CULTURAL EDU F TAREDU 11/49 FIXED OID 5     | CUSIP: 87638TJQ7<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    500000 | PA      | $518376.70    | 0.20%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALACHUA COUNTY HOUSING FINANCE AUTHORITY                                | ALACHUA CNTY FL HSG FIN AUTH M ALAMFH 07/55 ADJUSTABLE VAR  | CUSIP: 01068LAT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $262156.50    | 0.10%             | 2055-07-01      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| COUNTY OF CUYAHOGA OH                                                   | CUYAHOGA CNTY OH HOSP REVENUE CUYMED 02/57 FIXED OID 5      | CUSIP: 2322655W4<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1049142.63   | 0.41%             | 2057-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUFFOLK TOBACCO ASSET SECURITIZATION CORPORATION                        | SUFFOLK NY TOBACCO ASSET SECUR SFKSEC 06/66 ZEROCPNOID 0    | CUSIP: 864809CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $177884.00    | 0.07%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BENLOCH RANCH IMPROVEMENT ASSOCIATION NO 2                              | BENLOCH RANCH IMPROV SR UNSECURED 144A 12/51 10             | CUSIP: 082149AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    197175 | PA      | $146531.27    | 0.06%             | 2051-12-01      | Fixed         | 10.00%                | No            |                  3 | On Loan: No      |
| RIVERS EDGE III COMMUNITY DEVELOPMENT DISTRICT                          | RIVERS EDGE III CDD FL CAPITAL RVIDEV 05/45 FIXED OID 5.75  | CUSIP: 76882NAK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103428.90    | 0.04%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                   | PENNSYLVANIA ST ECON DEV FING PASMED 03/60 ADJUSTABLE VAR   | CUSIP: 70870JGX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1104001.70   | 0.43%             | 2060-03-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                  | PUERTO RICO SALES TAX FING COR PRCGEN 07/51 ZEROCPNOID 0    | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  17345000 | PA      | $4361315.26   | 1.69%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PROVIDENCE ST JOSEPH HEALTH OBLIGATED GROUP                             | PROV ST JOSEPH HLTH OBL SR UNSECURED 10/33 5.403            | CUSIP: 743820AC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $723290.47    | 0.28%             | 2033-10-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                               | INDIANA ST FIN AUTH STUDENT HS IN FIN AUTH A                | CUSIP: 45471FAX9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100091.21    | 0.04%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA HIGHER EDUCATIONAL FACILITIES FINANCING AUTHORITY               | HGR EDU FACS FING AUTH FL HGR FLSHGR 07/45 FIXED OID 6      | CUSIP: 42982GAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $598057.02    | 0.23%             | 2045-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI REVENUE PUBGEN 01/61 ZEROCPNOID 0        | CUSIP: 74442PRQ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1915000 | PA      | $166243.07    | 0.06%             | 2061-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL WE5057 FR 01/40 FIXED 3.85                | CUSIP: 3132YATN8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $943256.45    | 0.37%             | 2040-01-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| LANCASTER PORT AUTHORITY                                                | LANCASTER OH PORT AUTH GAS REV LANUTL 02/55 ADJUSTABLE VAR  | CUSIP: 514401BN7<br>LEI: 5493007EGWLFDZJFF129 | Long             | DBT              | MUN               | US        |    150000 | PA      | $159462.87    | 0.06%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC ENERGY AUTHORITY OF KENTUCKY INC                                 | KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 05/36 FIXED 5         | CUSIP: 74440DGL2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1488162.48   | 0.58%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF VALPARAISO IN                                                   | VALPARAISO IN REVENUE VLPGEN 10/50 FIXED OID 6.25           | CUSIP: 92031PAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253660.45    | 0.10%             | 2050-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TAKE BACK & EXIT FACILITY FKA GMR/ALEON                                 | AM BIDCO OPERATIONS LLC PIK DELAYED DRAW TERM LOAN          | CUSIP: BA000R643<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    150752 | PA      | $124487.59    | 0.05%             | 2027-10-21      | Fixed         | 2.76%                 | Yes           |                  3 | On Loan: No      |
| CITY OF CHICAGO                                                         | CHICAGO IL CHI 01/39 FIXED 5.5                              | CUSIP: 167486P52<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    300000 | PA      | $314746.83    | 0.12%             | 2039-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SPRING VALLEY COMMUNITY INFRASTRUCTURE DISTRICT NO 1                    | SPRING VLY CMNTY INFRASTRUCTUR SPVGEN 09/51 FIXED 3.75      | CUSIP: 850072AA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $410137.91    | 0.16%             | 2051-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VELOCITY METROPOLITAN DISTRICT NO 5                                     | VELOCITY MET DIST  5 CO VLOFAC 12/50 INT APROID VAR         | CUSIP: 92259JAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $863852.70    | 0.34%             | 2050-12-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| INDIANA HOUSING FINANCE AUTHOR                                          | INDIANA ST HSG   CMNTY DEV AUT INSMFH 07/56 ADJUSTABLE VAR  | CUSIP: 45506CAP2<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |    295000 | PA      | $282636.49    | 0.11%             | 2056-07-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DISTRICT                  | DOWNTOWN REVITALIZATION PUBLIC DTRFAC 06/40 FIXED 5         | CUSIP: 26118TAQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1104095.20   | 0.43%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IBIS LANDING COMMUNITY DEVELOPMENT DISTRICT                             | IBIS LANDING CDD FL SPL ASSMNT IBIDEV 06/45 FIXED 5.7       | CUSIP: 451075AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $640536.34    | 0.25%             | 2045-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| LONGS PEAK METROPOLITAN DISTRICT                                        | LONGS PEAK MET DIST CO LPMGEN 12/51 FIXED 5.25              | CUSIP: 54316AAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $489286.90    | 0.19%             | 2051-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LEANDER INDEPENDENT SCHOOL DISTRICT                                     | LEANDER TX INDEP SCH DIST LDRSCD 08/55 FIXED 5              | CUSIP: 521841S98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2082546.60   | 0.81%             | 2055-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                       | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 05/55 ADJUSTABLE VAR  | CUSIP: 84136HCF8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1605991.05   | 0.62%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                                  | IOWA ST FIN AUTH REVENUE IASGEN 01/42 FIXED OID 8           | CUSIP: 46247SCZ5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    250000 | PA      | $222601.25    | 0.09%             | 2042-01-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                | MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/50 FIXED OID 5     | CUSIP: 57585BPA0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    600000 | PA      | $619025.04    | 0.24%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS STATE                                                     | MASSACHUSETTS ST MAS 07/48 FIXED 5                          | CUSIP: 57582RD60<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    600000 | PA      | $616809.36    | 0.24%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| THE ATLANTA DEVELOPMENT AUTHORITY                                       | ATLANTA GA DEV AUTH ATLDEV 12/48 INT APROID VAR             | CUSIP: 04780NMY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $449320.55    | 0.17%             | 2048-12-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| LEHIGH CNTY PA                                                          | LEHIGH CNTY PA GEN PURPOSE HOS LEHMED 07/49 FIXED 4         | CUSIP: 52480GDZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $447855.40    | 0.17%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| THE ATLANTA DEVELOPMENT AUTHORITY                                       | ATLANTA GA DEV AUTH ATLDEV 04/34 FIXED 5                    | CUSIP: 04780NMW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102100.19    | 0.04%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                     | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/66 ZEROCPNOID 0    | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $882305.10    | 0.34%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ARKANSAS DEVELOPMENT FINANCE AUTHORITY                                  | ARKANSAS ST DEV FIN AUTH INDL ARSDEV 09/49 FIXED 4.75       | CUSIP: 04108WCD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $195950.82    | 0.08%             | 2049-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BRAZORIA COUNTY INDUSTRIAL DEVELOPMENT CORP                             | BRAZORIA CNTY TX INDL DEV CORP BZIFAC 06/43 FIXED 12        | CUSIP: 10604PAF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     73263 | PA      | $7326.29      | 0.00%             | 2043-06-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                 | FREDDIE MAC MULTIFAMILY FRETE 2023 ML20 AUS                 | CUSIP: 3137HBCD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |    492772 | PA      | $498799.82    | 0.19%             | 2040-08-25      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF EDUCATION                                              | CHICAGO IL BRD OF EDU CHIEDU 12/46 FIXED OID 5              | CUSIP: 167505WB8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    500000 | PA      | $460735.00    | 0.18%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS WATER DEVELOPMENT BOARD                                           | TEXAS WTR DEV BRD REVENUE TXSWTR 10/47 FIXED 4.125          | CUSIP: 88285AFX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $578480.94    | 0.22%             | 2047-10-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 15                            | VILLAGE CDD NO 15 SPL ASSMNT R VGEDEV 05/38 FIXED 4.85      | CUSIP: 92708KAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $508538.51    | 0.20%             | 2038-05-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| NEW YORK ENERGY FINANCE DEVELOPMENT CORPORATION                         | NEW YORK ENERGY FIN DEV CORP NYEFAC 07/56 ADJUSTABLE VAR    | CUSIP: 64947PAA4<br>LEI: 254900PRGXZMJ912RI65 | Long             | DBT              | MUN               | US        |    600000 | PA      | $636217.80    | 0.25%             | 2056-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ST JOHNSONS CNTY FLA INDL DEV AUTH                                      | SAINT JOHNS CNTY FL INDL DEV A STJMED 12/31 FIXED 4         | CUSIP: 79041LAL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $208049.90    | 0.08%             | 2031-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI SPL REVENUE PUBFAC 09/29 ZEROCPNOID 0    | CUSIP: 74447TAA0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    171000 | PA      | $130903.44    | 0.05%             | 2029-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                      | NEW YORK ST DORM AUTH REVENUES NYSHGR 07/36 FIXED 5         | CUSIP: 64985SBK8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    660000 | PA      | $742889.93    | 0.29%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF OREGON                                                    | UNIV OF OREGON OR GEN REVENUE UNOHGR 04/50 FIXED 5          | CUSIP: 914767AD0<br>LEI: 549300FHOP2K4GYRPY40 | Long             | DBT              | MUN               | US        |    200000 | PA      | $204034.94    | 0.08%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ALABAMA GAS SUPPLY DISTRICT/THE                               | S E ALABAMA ST GAS SPLY DIST G SOUUTL 06/49 ADJUSTABLE VAR  | CUSIP: 84131TBT8<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1073574.80   | 0.42%             | 2049-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL WE6083 FR 03/40 FIXED 4.37                | CUSIP: 3132YBXL5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    490202 | PA      | $487928.52    | 0.19%             | 2040-03-01      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| DENTON ESSENTIAL INVESTMENTS PFC                                        | BONNIE BRAE FIXED SUBORDINATED TERM LOAN                    | CUSIP: BA000PLS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $523900.00    | 0.20%             | 2059-06-01      | Fixed         | 7.21%                 | No            |                  3 | On Loan: No      |
| CROWFOOT VALLEY RANCH METROPOLITAN DISTRICT NO 2                        | CROWFOOT VLY RANCH MET DIST 12/54 6.125                     | CUSIP: 22802CAX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $730115.25    | 0.28%             | 2054-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DISTRICT                  | DOWNTWN PUB INFRA C DTRFAC 07/35 FIXED 5                    | CUSIP: 26118TBW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1309357.53   | 0.51%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VILLAGE PUBLIC INFRASTRUCTURE DISTRICT                    | MIDA MOUNTAIN VLG PUBLIC INFRA MMVDEV 06/39 FIXED 5.5       | CUSIP: 59561UAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513980.00    | 0.20%             | 2039-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                          | BLACK BELT ENERGY GAS DIST AL BBEUTL 03/55 ADJUSTABLE VAR   | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    600000 | PA      | $641921.22    | 0.25%             | 2055-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTERRA METROPOLITAN DISTRICT NO 1                                     | CENTERRA CO MET DIST  1 SPL RE CETGEN 12/48 FIXED 5.25      | CUSIP: 15200XAH6<br>LEI: 549300SHE5ZPSMGZH793 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500655.95    | 0.19%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF EDUCATION                                              | CHICAGO IL BRD OF EDU CHIEDU 12/43 FIXED 6                  | CUSIP: 167505A63<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052321.60   | 0.41%             | 2043-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GDB DEBT RECOVERY AUTHORITY OF PUERTO RICO                              | GDB DEBT RECOVERY AUTH OF CMWL PRCDEV 08/40 FIXED OID 7.5   | CUSIP: 36829QAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1311073 | PA      | $1276475.75   | 0.50%             | 2040-08-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PIMCO FUNDS                                                             | PIMCO PRV SHORT TERM FLT III MUTUAL FUND                    | CUSIP: 000000000<br>LEI: LWVQWTQCFH3YG7CVH718 | Long             | STIV             | RF                | US        |   1510958 | PA      | $14718239.49  | 5.72%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL TRUST AUTHORITY                                                 | CAPITAL TRUST AUTH FL EDUCTNL CTSEDU 07/50 FIXED OID 5.25   | CUSIP: 14054WBV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1261755.95   | 0.49%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORPORATION                                 | FLORIDA ST DEV FIN CORP FLORIDA DEV FIN CORP                | CUSIP: 340618DW4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    400000 | PA      | $393831.96    | 0.15%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                     | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/51 FIXED 5         | CUSIP: 38122ND90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $296356.77    | 0.12%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF DETROIT                                                         | DETROIT MI DET 04/44 ADJUSTABLE VAR                         | CUSIP: 251093S84<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    497159 | PA      | $389813.47    | 0.15%             | 2044-04-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO INTERNATIONAL CENTER METROPOLITAN DISTRICT NO 7                | COLORADO INTL CTR MET DIST NO CICDEV 12/51 INT APROID VAR   | CUSIP: 19650TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $621873.00    | 0.24%             | 2051-12-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| CHILDRENS TRUST FD TOBACCO SETTLMNT                                     | THE CHILDRENS TRUST FUND PR TO CHIGEN 05/50 ZEROCPNOID 0    | CUSIP: 16876QBJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   2000000 | PA      | $409988.40    | 0.16%             | 2050-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| VERMONT ECONOMIC DEVELOPMENT AUTHORITY                                  | VERMONT ST ECON DEV AUTH SOLID VTSPOL 06/52 ADJUSTABLE VAR  | CUSIP: 924157AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251791.20    | 0.10%             | 2052-06-01      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| MULTNOMAH COUNTY SCHOOL DISTRICT NO 40                                  | MULTNOMAH CNTY OR SCH DIST  40 MULSCD 06/38 ZEROCPNOID 0    | CUSIP: 625693JA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $443454.90    | 0.17%             | 2038-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY OF LAVON TX                                                        | LAVON TX SPL ASSMT REVENUE LAVON REV                        | CUSIP: 51946PCK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $902058.94    | 0.35%             | 2045-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01                     | AFFORDABLE HSG OPPORTUNITIES T TENGEN 10/38 FIXED 7.12      | CUSIP: 00826SAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $170348.73    | 0.07%             | 2038-10-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO GOVT                                                        | PUERTO RICO CMWLTH PRC 11/43 ADJUSTABLE VAR                 | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |    776756 | PA      | $498094.82    | 0.19%             | 2043-11-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DENTON INDEPENDENT SCHOOL DISTRICT                                      | DENTON TX INDEP SCH DIST DNNSCD 08/53 FIXED 5               | CUSIP: 249002MC7<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515203.30    | 0.20%             | 2053-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                     | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 07/51 FIXED OID 4.75  | CUSIP: 64542PBX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $37500.00     | 0.01%             | 2051-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY                  | CALIFORNIA ST STWD CMNTYS DEV CASMFH 11/59 ADJUSTABLE VAR   | CUSIP: 13079PXY4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    200000 | PA      | $177082.86    | 0.07%             | 2059-11-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| ROOKERY COMMUNITY DEVELOPMENT DISTRICT                                  | ROOKERY CDD FL CAPITAL IMPT RE ROODEV 05/44 FIXED OID 5     | CUSIP: 776364AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $295526.55    | 0.11%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                 | FREDDIE MAC MULTIFAMILY FRETE 2023 ML15 A                   | CUSIP: 3137HA4G8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |    487402 | PA      | $475696.29    | 0.18%             | 2040-01-25      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA PUBLIC SERVICES AUTHORITY (AKA: SANTEE COOPER)           | SOUTH CAROLINA ST PUBLIC SVC A SC PUB SVC AUTH A            | CUSIP: 8371514F3<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    625000 | PA      | $667297.31    | 0.26%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC MULTIFAMILY VRD CERTIFICATES                                      | FEDERAL HOME LOAN MTGE CORP MF FEDMFH 01/43 ADJUSTABLE VAR  | CUSIP: 31350ADW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2191284 | PA      | $2232653.59   | 0.87%             | 2043-01-25      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| MAGNOLIA ISLAND COMMUNITY DEVELOPMENT DISTRICT                          | MAGNOLIA ISLAND CDD FL CAPITAL MGIDEV 05/45 FIXED 5.55      | CUSIP: 559613AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251993.85    | 0.10%             | 2045-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE FL TRANSIT SYSTEM                                  | MIAMI DADE CNTY FL TRANSIT SAL MIATRN 07/44 FIXED 4         | CUSIP: 59334PGP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $955728.40    | 0.37%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO GOVT                                                        | PUERTO RICO CMWLTH PRC 11/51 ADJUSTABLE VAR                 | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   3133729 | PA      | $2052592.60   | 0.80%             | 2051-11-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MIDTOWN MIAMI COMMUNITY DEVELOPMENT DISTRICT                            | MIDTOWN MIAMI FL CDD SPL ASSMN MDTDEV 05/29 FIXED 5         | CUSIP: 59807PAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $615469.80    | 0.24%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HASTINGS CAMPUS HOUSING FINANCE AUTHORITY                               | HASTINGS CAMPUS HSG FIN AUTH C HCHGEN 07/61 FIXED 5         | CUSIP: 418338AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $901318.90    | 0.35%             | 2061-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/MO                    | JEFFERSON CNTY MO INDL DEV AUT JFFMFH 02/43 FIXED 4.45      | CUSIP: 473157BP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    996000 | PA      | $993503.23    | 0.39%             | 2043-02-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| NORTHERN TOB SECURIZATION CORP ALASKA                                   | NTHRN AK TOBACCO SECURITIZATIO NRTFAC 06/66 ZEROCPNOID 0    | CUSIP: 66585VCB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $508204.35    | 0.20%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                     | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 08/43 FIXED 5.25      | CUSIP: 645424BL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $546752.30    | 0.21%             | 2043-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                 | FREDDIE MAC MULTIFAMILY FRETE 2024 ML21 AUS                 | CUSIP: 3137HC2E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |    496548 | PA      | $503109.93    | 0.20%             | 2041-08-25      | Fixed         | 4.52%                 | Yes           |                  2 | On Loan: No      |
| REFLECTION BAY COMMUNITY DEVELOPMENT DISTRICT                           | REFLECTION BAY CDD FL SPL ASSM REFDEV 05/35 FIXED 5         | CUSIP: 75865NAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $656508.69    | 0.26%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                             | ILLINOIS ST ILS 05/30 FIXED OID 5.5                         | CUSIP: 4521526K2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    850000 | PA      | $909896.02    | 0.35%             | 2030-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LOWER COLORADO RIVER AUTHORITY EMPLOYEES UNITED C                       | LOWER COLORADO RIVER TX AUTH T LWCGEN 05/50 FIXED 5         | CUSIP: 54811BR78<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    200000 | PA      | $205980.66    | 0.08%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA HOUSING FINANCE AUTHOR                                          | INDIANA ST HSG   CMNTY DEV AUT INSMFH 01/36 FIXED 5.75      | CUSIP: 45506CAM9<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |    175000 | PA      | $175007.53    | 0.07%             | 2036-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WESTVIEW SOUTH COMMUNITY DEVELOPMENT DISTRICT                           | WESTVIEW SOUTH CDD FL SPL ASSM WVSDEV 05/45 FIXED 6         | CUSIP: 961566AH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042988.40   | 0.41%             | 2045-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ATHENS INDEPENDENT SCHOOL DISTICT                                       | ATHENS TX INDEP SCH DIST ATHSCD 02/55 FIXED 5               | CUSIP: 047375TH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $520239.70    | 0.20%             | 2055-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORPORATION                                 | FLORIDA ST DEV FIN CORP FLORIDA DEV FIN CORP                | CUSIP: 340618DV6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1378615.84   | 0.54%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LOUISIANA HOUSING FIN AGY MTG REV                                       | CALCASIEU HEIGHTS FIXED DELAYED DRAW TERM LOAN              | CUSIP: BA000TTJ1<br>LEI: 549300VL35TBE7RSJH61 | Long             | ABS-MBS          | CORP              | US        |   7152176 | PA      | $7154247.34   | 2.78%             | 2026-09-24      | Fixed         | 6.27%                 | No            |                  3 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                | NATIONAL FIN AUTH NH SENIOR LI NFADEV 01/30 FIXED 4         | CUSIP: 63608SAJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $282433.98    | 0.11%             | 2030-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BALDWIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                         | BALDWIN CNTY AL INDL DEV AUTH BLWPOL 06/55 ADJUSTABLE VAR   | CUSIP: 05786PAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251238.20    | 0.10%             | 2055-06-01      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| FLORIDA HIGHER EDUCATIONAL FACILITIES FINANCING AUTHORITY               | HGR EDU FACS FING AUTH FL HGR FLSHGR 07/55 FIXED 6.25       | CUSIP: 42982GAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $199073.38    | 0.08%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCE AUTHORITY                                    | TOBACCO SETTLEMENT FIN AUTH WV TOBGEN 06/47 ZEROCPNOID 0    | CUSIP: 88880LAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $96467.10     | 0.04%             | 2047-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                | MASSACHUSETTS ST DEV FIN AGY R MASDEV 10/48 FIXED 5         | CUSIP: 57584XA27<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $943941.60    | 0.37%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                          | MARYLAND ST DEPT OF TRANSPRTN MDSTRN 08/51 FIXED 4          | CUSIP: 57421FBY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $884651.40    | 0.34%             | 2051-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                             | OHIO ST HSG FIN AGY MF HSG REV OHSMFH 01/45 FIXED 6         | CUSIP: 676900XJ7<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251096.93    | 0.10%             | 2045-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                              | ILLINOIS ST FIN AUTH REVENUE ILSGEN 05/54 FIXED OID 5.25    | CUSIP: 45204EC55<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    100000 | PA      | $78232.32     | 0.03%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY                    | PENNSYLVANIA ST HGR EDUCTNL FA PASHGR 08/49 FIXED 5         | CUSIP: 70917S6Z1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $509512.80    | 0.20%             | 2049-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENERGY SOUTHEAST A COOPERATIVE DISTRICT                                 | ENERGY S E AL A COOPERATIVE 07/54 1                         | CUSIP: 292723BN2<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088680.00   | 0.42%             | 2054-07-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| FARMS NEW KENT COMMUNITY DEVEL                                          | FARMS NEW KENT VA CMNTY DEV AU FRMDEV 03/36 FIXED 3.75      | CUSIP: 311551AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $353245.25    | 0.14%             | 2036-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NEWFIELD COMMUNITY DEVELOPMENT DISTRICT                                 | NEWFIELD CDD FL SPL ASSMNT REV NFDDEV 05/35 FIXED 5         | CUSIP: 65128AAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $841273.69    | 0.33%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION                        | WESTCHESTER CNTY NY LOCAL DEV WSTDEV 11/55 FIXED 7.5        | CUSIP: 95737TFX9<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |    500000 | PA      | $549306.60    | 0.21%             | 2055-11-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| THE PORT AUTHORITY OF NEW YORK AND NEW JERSEY                           | PORT AUTH OF NEW YORK   NEW JE PORTRN 08/47 FIXED 5.25      | CUSIP: 73358XGM8<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044560.40   | 0.41%             | 2047-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | US 10YR NOTE (CBT)MAR26 XCBT 20260320                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -176 | NC      | $162205.82    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| MINNESOTA HOUSING FINANCE AGENCY                                        | MINNESOTA ST HSG FIN AGY MNSHSG 01/55 FIXED 6.5             | CUSIP: 60416UFQ3<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   1955000 | PA      | $2198681.17   | 0.85%             | 2055-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DISTRICT                                     | LAKEWOOD RANCH FL STEWARDSHIP LKRGEN 05/40 FIXED OID 5.5    | CUSIP: 51265KGJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $424222.88    | 0.16%             | 2040-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01                     | AFFORDABLE HSG OPPORTUNITIES T TENGEN 10/38 ADJUST OID VAR  | CUSIP: 00826SAQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $848179.71    | 0.33%             | 2038-10-01      | Variable      | 3.17%                 | No            |                  2 | On Loan: No      |
| HYDE PARK COMMUNITY DEVELOPMENT DISTRICT NO 1                           | HYDE PARK CDD  1 FL SPL ASSMNT HYDE PK CDD  1 A             | CUSIP: 448642AF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $423171.63    | 0.16%             | 2044-05-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                       | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 11/35 FIXED 5         | CUSIP: 84136HAU7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    800000 | PA      | $850082.16    | 0.33%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                             | WASHINGTON ST HSG FIN COMMISSI WASHSG 11/41 ADJUSTABLE VAR  | CUSIP: 93978UDU7<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    199367 | PA      | $189568.17    | 0.07%             | 2041-11-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY M CERTIFICATES M-070                            | FREDDIE MAC MULTIFAMILY VARIAB FMMV M070 A                  | CUSIP: 3137HASB3<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |    243629 | PA      | $250735.41    | 0.10%             | 2040-07-15      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| LANCASTER MUNICIPAL AUTHORITY                                           | LANCASTER PA MUNI AUTH HLTHCAR LANCASTER MUNI AUTH B        | CUSIP: 514350AN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $390491.68    | 0.15%             | 2054-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                 | FREDDIE MAC MULTIFAMILY FRETE 2023 ML17 A                   | CUSIP: 3137HAMK9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |    196047 | PA      | $169470.31    | 0.07%             | 2043-04-25      | Variable      | 3.08%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI EDU REVENUE PUBEDU 12/44 FIXED 5         | CUSIP: 74442ELU2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    290000 | PA      | $277291.01    | 0.11%             | 2044-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAMMOCK OAKS COMMUNITY DEVELOPMENT DISTRICT                             | HAMMOCK OAKS CDD FL ASSMNT HAODEV 05/55 FIXED 5.75          | CUSIP: 40834PAJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504983.85    | 0.20%             | 2055-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TENNESSEE HOUSING DEVELOPMENT AGENCY                                    | TENNESSEE HSG DEV AGY RSDL FIN TNSHSG 01/56 FIXED 6         | CUSIP: 88046KQU3<br>LEI: 25490004PSQYQLFJGI76 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1101425.30   | 0.43%             | 2056-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE                               | HOUSTON TX ARPT SYS REVENUE HOUAPT 07/34 FIXED 5.25         | CUSIP: 442349HU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $322858.74    | 0.13%             | 2034-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CITY OF PRINCETON TX                                                    | PRINCETON TX SPL ASSMNT REVENU PRIGEN 09/31 FIXED OID 4.25  | CUSIP: 742400CL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    261000 | PA      | $265246.03    | 0.10%             | 2031-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BREVARD COUNTY HEALTH FACILITIES AUTHORITY                              | BREVARD CNTY FL HLTH FACS AUTH BREMED 04/47 FIXED 5         | CUSIP: 107416QM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016371.20   | 0.39%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                     | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 07/36 FIXED OID 4     | CUSIP: 64542PAU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $825787.50    | 0.32%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER COUNTY HOSPITAL AUTHORITY                                     | LANCASTER CNTY PA HOSP AUTH LANMED 11/46 FIXED 5            | CUSIP: 514045W58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45283.55     | 0.02%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS COALITION                                           | SOUTH CAROLINA ST JOBS ECON DE SCSDEV 10/50 FIXED OID 5.625 | CUSIP: 837036HG0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    650000 | PA      | $649730.12    | 0.25%             | 2050-10-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL                    | CHARLOTTE CNTY FL INDL DEV AUT CHAUTL 10/35 FIXED 5.125     | CUSIP: 16080TAJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $708594.21    | 0.28%             | 2035-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CITY OF COLBY KS                                                        | COLBY KS HOSP LOAN ANTICIPATIO COLBY REV                    | CUSIP: 19277TAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999989.60    | 0.39%             | 2026-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EP ESSENTIAL HOUSING WF PFC                                             | EP ESSENTIAL HOUSING WF PFC TX EPEHSG 12/34 FIXED OID 4.25  | CUSIP: 29416AAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $405586.00    | 0.16%             | 2034-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MOBILE COUNTY INDUSTRIAL DEVEL                                          | MOBILE CNTY AL INDL DEV AUTH S MOBPOL 06/54 FIXED 5         | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1990000 | PA      | $1902745.66   | 0.74%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BABCOCK RANCH COMMUNITY INDEPENDENT SPECIAL DISTRICT                    | BABCOCK RANCH CMNTY INDEP SPL BARGEN 05/55 FIXED 5.25       | CUSIP: 05616KBV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $248865.23    | 0.10%             | 2055-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY 2024-ML27                                       | FREDDIE MAC MULTIFAMILY FRETE 2024 ML27 BUS                 | CUSIP: 35833XAA4<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |    300000 | PA      | $245983.10    | 0.10%             | 2042-01-25      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| CITY OF RENO NV                                                         | RENO NV SALES TAX REVENUE RENGEN 07/58 ZEROCPNOID 0         | CUSIP: 759861EJ2<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $158217.10    | 0.06%             | 2058-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FARMINGTON N.M. POLLUTION CONTROL                                       | FARMINGTON NM POLL CONTROL REV FARPOL 04/29 FIXED 1.8       | CUSIP: 311450GA2<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |    500000 | PA      | $474139.30    | 0.18%             | 2029-04-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                             | MAIN STREET NATURAL GAS 12/54 1                             | CUSIP: 56035DHK1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    550000 | PA      | $588798.98    | 0.23%             | 2054-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF LANCASTER SC                                                  | LANCASTER CNTY SC ASSMNT REVEN LANGEN 06/45 FIXED 6         | CUSIP: 514088BM4<br>LEI: 5493004EFQNI7UOCFI47 | Long             | DBT              | MUN               | US        |    500000 | PA      | $516302.90    | 0.20%             | 2045-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HSG & MTG FIN AGY MULTI-FA                                | NEW JERSEY ST HSG   MTGE FIN A NJSHSG 05/41 FIXED 4.55      | CUSIP: 646127FS4<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |    995000 | PA      | $1012181.06   | 0.39%             | 2041-05-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| CITY OF LOS ANGELES DEPARTMENT OF AIRPORTS                              | LOS ANGELES CA DEPT OF ARPTS A LOSAPT 05/48 FIXED 4         | CUSIP: 544445ES4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $903953.70    | 0.35%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                | NATIONAL FIN AUTH NH SPL REVEN NFAGEN 06/39 FIXED 5.625     | CUSIP: 63608TAY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200095.84    | 0.08%             | 2039-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CITY OF DALLAS HOUSING FINANCE CORPORATION                              | DALLAS TX HSG FIN CORP RSDL DE DALHSG 12/62 FIXED OID 6     | CUSIP: 23529CAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $234987.08    | 0.09%             | 2062-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGENCY INC                                                | CAPITAL TRUST AGY FL REVENUE CPTGEN 01/56 FIXED 5           | CUSIP: 14052WDT1<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    250000 | PA      | $210644.50    | 0.08%             | 2056-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY 2024-ML26                                       | FREDDIE MAC MULTIFAMILY FRETE 2024 ML26 B                   | CUSIP: 35834CAB7<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |    700000 | PA      | $470636.25    | 0.18%             | 2039-01-25      | Variable      | 3.16%                 | No            |                  2 | On Loan: No      |
| SAN JOAQUIN VALLEY CLEAN ENERGY AUTHORITY                               | SAN JOAQUIN VLY CLEAN ENERGY A SSJUTL 01/56 ADJUSTABLE VAR  | CUSIP: 79811YAK4<br>LEI: 254900VA5DFN33OVGH87 | Long             | DBT              | MUN               | US        |    300000 | PA      | $338945.52    | 0.13%             | 2056-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                         | CALIFORNIA CMNTY CHOICE FING A CCEDEV 02/55 ADJUSTABLE VAR  | CUSIP: 13013JFR2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    700000 | PA      | $757212.68    | 0.29%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                     | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/41 FIXED 3.714     | CUSIP: 38122ND58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1556754.60   | 0.60%             | 2041-06-01      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| SEAGROVE COMMUNITY DEVELOPMENT DISTRICT                                 | SEAGROVE CDD FL SPL ASSMNT SEAGROVE CDD                     | CUSIP: 811897AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $244754.28    | 0.10%             | 2044-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NORMANDY COMMUNITY DEVELOPMENT DISTRICT                                 | NORMANDY CDD FL CAPITAL IMPT R NRMDEV 05/54 FIXED OID 5.55  | CUSIP: 65618HAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $240659.63    | 0.09%             | 2054-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                             | WASHINGTON ST HSG FIN COMMISSI WASHSG 01/46 FIXED OID 6     | CUSIP: 939783Z33<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    700000 | PA      | $699716.15    | 0.27%             | 2046-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                   | PENNSYLVANIA ST ECON DEV FING PASDEV 06/61 FIXED 6          | CUSIP: 70868YAY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054382.00   | 0.41%             | 2061-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NORTH TEXAS MUNICIPAL WATER DISTRICT WATER SYSTEM REVENUE               | N TEXAS ST MUNI WTR DIST WTR S NRTWTR 09/44 FIXED 5         | CUSIP: 662903J95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2127433.00   | 0.83%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                     | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 07/31 FIXED OID 4     | CUSIP: 64542PBU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $202800.00    | 0.08%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TEXAS MUNICIPAL GAS ACQUISITION AND SUPPLY CORPORATION I                | TEXAS ST MUNI GAS ACQUISITION TXSUTL 12/26 FLOATING VAR     | CUSIP: 88256CAX7<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500182.05    | 0.19%             | 2026-12-15      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/PA                   | MONTGOMERY CNTY PA INDL DEV AU MONDEV 11/44 FIXED 5         | CUSIP: 613609N28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $145084.59    | 0.06%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT                            | BELLA COLLINA CDD FL SPL ASSMN BCODEV 05/44 FIXED OID 5     | CUSIP: 07819AAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250898.48    | 0.10%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                | NATIONAL FIN AUTH NH AFFORDABL NFAHSG 10/40 ADJUSTABLE VAR  | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    399156 | PA      | $399540.04    | 0.16%             | 2040-10-20      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS STATE                                                     | MASSACHUSETTS ST MAS 08/48 FIXED 5                          | CUSIP: 57582TFE7<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    700000 | PA      | $739357.15    | 0.29%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF PILOT POINT TX                                                  | PILOT POINT TX SPL ASSMNT REVE PILGEN 09/45 FIXED 6.125     | CUSIP: 721614AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $704050.92    | 0.27%             | 2045-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FINANCE AUTHORITY                                     | CALIFORNIA PUBLIC FIN AUTH REV CASGEN 07/54 FIXED OID 6.25  | CUSIP: 13057EDH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257236.33    | 0.10%             | 2054-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                  | CALIFORNIA ST MUNI FIN AUTH RE CASFIN 01/39 FIXED 6         | CUSIP: 13048VQ27<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043556.30   | 0.41%             | 2039-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF EDUCATION                                              | CHICAGO IL BRD OF EDU CHIEDU 12/40 FIXED OID 5              | CUSIP: 167505A30<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $980735.90    | 0.38%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF OSCEOLA FL TRANSPORTATION REVENUE                             | OSCEOLA CNTY FL TRANSPRTN REVE OSCTRN 10/28 ZEROCPNOID 0    | CUSIP: 688031EH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $428656.44    | 0.17%             | 2028-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY OF INDIANAPOLIS IN                                                 | INDIANAPOLIS IN MF HSG REVENUE INPMFH 07/56 ADJUSTABLE VAR  | CUSIP: 45528TBF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $283622.74    | 0.11%             | 2056-07-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                     | CHICAGO IL O HARE INTERNATIONA CHITRN 01/48 FIXED 5.25      | CUSIP: 1675934R0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029054.70   | 0.40%             | 2048-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COUNTY OF SACRAMENTO CA                                                 | SACRAMENTO CNTY CA SPL TAX SACGEN 09/47 FIXED 5             | CUSIP: 786153RU2<br>LEI: 549300OXI5MD45L13R20 | Long             | DBT              | MUN               | US        |    500000 | PA      | $504710.50    | 0.20%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORPORATION        | TARRANT CNTY TX CULTURAL EDU F TAREDU 11/52 FIXED 5.5       | CUSIP: 87638TJR5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    300000 | PA      | $324259.65    | 0.13%             | 2052-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ANTILLIA COMMUNITY DEVELOPMENT DISTRICT                                 | ANTILLIA CDD FL SPL ASSMNT ANLDEV 05/44 FIXED 5.6           | CUSIP: 03706FAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $633776.96    | 0.25%             | 2044-05-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                       | CALIFORNIA HSG FIN AGY LTD OBL CASMFH 03/53 ADJUSTABLE VAR  | CUSIP: 13034DAK0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250696.43    | 0.10%             | 2053-03-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| ARKANSAS DEVELOPMENT FINANCE AUTHORITY                                  | ARKANSAS ST DEV FIN AUTH INDL ARSDEV 07/48 FIXED 12         | CUSIP: 04108WCF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $542010.80    | 0.21%             | 2048-07-01      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                         | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 06/60 FIXED 5.5       | CUSIP: 650116JS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037456.00   | 0.40%             | 2060-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ONONDAGA CIVIC DEVELOPMENT CORP                                         | ONONDAGA NY CIVIC DEV CORP ONODEV 08/54 FIXED OID 5         | CUSIP: 682832KJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $870155.40    | 0.34%             | 2054-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE                               | HOUSTON TX ARPT SYS REVENUE HOUAPT 07/36 FIXED 5.5          | CUSIP: 442349HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2350677.78   | 0.91%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WASHINGTON HEALTH CARE FACILITIES AUTHORITY                             | WASHINGTON ST HLTH CARE FACS A WASMED 10/35 FIXED 5         | CUSIP: 93978HC94<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    700000 | PA      | $793886.17    | 0.31%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                           | BUCKS CNTY PA INDL DEV AUTH HO BUCMED 07/54 FIXED 5         | CUSIP: 11861MBN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $192745.88    | 0.07%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY                            | WEST VIRGINIA ST ECON DEV AUTH WVSDEV 01/55 ADJUSTABLE VAR  | CUSIP: 95648VBU2<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    900000 | PA      | $958676.04    | 0.37%             | 2055-01-01      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| EVANSVILLE CITY OF                                                      | EVANSVILLE IN MF HSG REVENUE EVAMFH 01/38 FIXED 5.45        | CUSIP: 299351AG1<br>LEI: 5493004FNKVUBIYGJO12 | Long             | DBT              | MUN               | US        |    500000 | PA      | $477052.60    | 0.19%             | 2038-01-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| GOLDEN GEM COMMUNITY DEVELOPMENT DISTRICT                               | GEM CMNTY DEV DIST FLA 05/44 5.7                            | CUSIP: 38105CAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016755.70   | 0.40%             | 2044-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                              | ILLINOIS ST FIN AUTH REVENUE ILSGEN 07/47 FIXED 4           | CUSIP: 45204EA32<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1975000 | PA      | $1789633.81   | 0.70%             | 2047-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                 | FREDDIE MAC STRUCTURED PASS TH FMPGEN 10/40 ADJUSTABLE VAR  | CUSIP: 3137HCXR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |    493836 | PA      | $504995.17    | 0.20%             | 2040-10-25      | Variable      | 4.69%                 | No            |                  2 | On Loan: No      |
| THE PASSAIC COUNTY IMPROVEMENT AUTHORITY                                | PASSAIC CNTY NJ IMPT AUTH CHRT PASEDU 07/44 FIXED 5         | CUSIP: 70275QAM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $756715.95    | 0.29%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA LOCAL GOVERNMENT FINANCE COMMISSION                             | FLORIDA LOC GOVT FIN COMMISSIO FLSFAC 11/45 FIXED OID 6.625 | CUSIP: 34077UAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $353678.16    | 0.14%             | 2045-11-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 11/42 ADJUSTABLE VAR  | CUSIP: 63607WBN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    996569 | PA      | $973291.17    | 0.38%             | 2042-11-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY & COUNTY OF DENVER CO AIRPORT SYSTEM REVENUE                       | DENVER CITY   CNTY CO ARPT REV DENAPT 12/43 FIXED OID 4     | CUSIP: 249182LN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $933638.10    | 0.36%             | 2043-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                             | OHIO ST HSG FIN AGY MF HSG REV OHSMFH 01/45 FIXED 6.25      | CUSIP: 676900YB3<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    400000 | PA      | $410875.24    | 0.16%             | 2045-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CALHOUN COUNTY NAVIGATION INDUSTRIAL DEVELOPMENT AUTHORITY              | CALHOUN CNTY TX NAVIGATION IND CLHDEV 07/26 FIXED 3.625     | CUSIP: 129729AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $245098.95    | 0.10%             | 2026-07-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| PHOENIX INDUSTRIAL DEVELOPMENT AUTHORITY                                | PHOENIX AZ INDL DEV AUTH STUDE PHODEV 07/28 FIXED 5         | CUSIP: 71885DCT7<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    250000 | PA      | $258005.10    | 0.10%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                       | CALIFORNIA HSG FIN AGY LTD OBL CASMFH 03/53 ADJUSTABLE VAR  | CUSIP: 13034DAJ3<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    800000 | PA      | $813237.28    | 0.32%             | 2053-03-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| CITY OF LAS VEGAS NV SALES TAX INCREMENT REVENUE                        | LAS VEGAS NV SALES TAX INCREME LASGEN 06/35 FIXED OID 4.375 | CUSIP: 517741AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $288387.95    | 0.11%             | 2035-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUBLIC FACILITIES AUTHORITY                                   | LOUISIANA PUB FACS AUTH REVENU LASFAC 04/50 FIXED 4         | CUSIP: 546399PF7<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    660000 | PA      | $579579.40    | 0.23%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL WE6084 FR 02/40 FIXED 4.9                 | CUSIP: 3132YBXM3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    492843 | PA      | $514604.17    | 0.20%             | 2040-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| SENAC SOUTH METROPOLITAN DISTRICT NO 1                                  | SENAC SOUTH MET DIST  1 CO SESFAC 12/51 FIXED 5.25          | CUSIP: 81685AAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $525751.66    | 0.20%             | 2051-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL WE6111 FR 01/40 FIXED 3.8                 | CUSIP: 3132YBYG5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    982252 | PA      | $923085.47    | 0.36%             | 2040-01-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| HOUSING AUTHORITY OF SNOHOMISH COUNTY                                   | SNOHOMISH CNTY WA HSG AUTH SNOHSG 04/44 FIXED 4             | CUSIP: 83309AFW6<br>LEI: 549300FESB68D2IR7250 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $936771.90    | 0.36%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI TOLL REVENU PUBTRN 12/65 FIXED OID 5.75  | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1854829.26   | 0.72%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SPARTANBURG REGIONAL HEALTH SERVICES DISTRICT                           | SPARTANBURG SC REGL HLTH SVCS SPAMED 04/48 FIXED 5          | CUSIP: 847113CH8<br>LEI: 549300CVHLQ72HQF3340 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1210934.40   | 0.47%             | 2048-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEWPORT ISLES COMMUNITY DEVELOPMENT DISTRICT                            | NEWPORT ISLES CDD FL SPL ASSMN NWIDEV 05/54 FIXED OID 5.2   | CUSIP: 651890AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $145658.58    | 0.06%             | 2054-05-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                     | CHICAGO IL O HARE INTERNATIONA CHITRN 01/33 FIXED 5         | CUSIP: 1675935R9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $554152.00    | 0.22%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GIR EAST COMMUNITY DEVELOPMENT DISTRICT                                 | GIR EAST CDD FL CAPITAL IMPT R GIRDEV 05/45 FIXED 5.3       | CUSIP: 37611TAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $996481.80    | 0.39%             | 2045-05-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                              | ILLINOIS ST FIN AUTH REVENUE ILSGEN 05/54 FIXED 5.5         | CUSIP: 45204EC48<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    400000 | PA      | $325148.32    | 0.13%             | 2054-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                             | OHIO ST HSG FIN AGY RSDL MTGE OHSHSG 09/45 FIXED 4.55       | CUSIP: 67756UCG1<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998082.10    | 0.39%             | 2045-09-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| LAKES OF SARASOTA COMMUNITY DEVELOPMENT DISTRICT                        | LAKES OF SARASOTA CDD FL IMPT LSADEV 05/44 FIXED OID 5.3    | CUSIP: 51206YAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $425936.49    | 0.17%             | 2044-05-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| PASADENA RIDGE COMMUNITY DEVELOPMENT DISTRICT                           | PASADENA RIDGE CDD FL CAPITAL PSRDEV 05/45 FIXED OID 5.5    | CUSIP: 702300AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $249721.60    | 0.10%             | 2045-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI LTD OBLIG G PUBFIN 08/31 FIXED OID 6.75  | CUSIP: 74446EAB2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $770000.00    | 0.30%             | 2031-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP RHODE ISLAN                                | TOBACCO SETTLEMENT FING CORP R TOBGEN 06/40 FIXED 5         | CUSIP: 888809BE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000078.10   | 0.39%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HOUSING FINANCE AGENCY                                     | PENNSYLVANIA ST HSG FIN AGY MF PASMFH 06/41 FIXED 4.9       | CUSIP: 708797BG9<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    997000 | PA      | $1029647.16   | 0.40%             | 2041-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| FRENSHIP INDEPENDENT SCHOOL DISTRICT                                    | FRENSHIP TX INDEP SCH DIST FHPSCD 02/55 FIXED 5             | CUSIP: 357866K43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041813.10   | 0.40%             | 2055-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LTC RANCH WEST RESIDENTIAL COMMUNITY DEVELOPMENT DISTRICT               | LTC RANCH WEST RSDL CMNTY DEV LTCGEN 05/44 FIXED 5.375      | CUSIP: 50218SAN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $837912.10    | 0.33%             | 2044-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                             | WASHINGTON ST HSG FIN COMMISSI WASHSG 07/59 FIXED 6         | CUSIP: 939783U20<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510098.20    | 0.20%             | 2059-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY                          | BUCKEYE OH TOBACCO SETTLEMENT BUCGEN 06/57 ZEROCPNOID 0     | CUSIP: 118217DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11300000 | PA      | $838594.47    | 0.33%             | 2057-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP RHODE ISLAN                                | TOBACCO SETTLEMENT FING CORP R TOBGEN 06/50 FIXED 5         | CUSIP: 888809BG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1239498.38   | 0.48%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                         | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 10/40 FIXED 5         | CUSIP: 650116CZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2028518.60   | 0.79%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                             | MAIN STREET NATURAL GAS INC GA MAIUTL 12/55 ADJUSTABLE VAR  | CUSIP: 56035DKH4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    900000 | PA      | $959052.06    | 0.37%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF PHOENIX CIVIC IMPROVEMENT CORP                                  | PHOENIX AZ CIVIC IMPT CORP ARP PHOAPT 07/49 FIXED 5         | CUSIP: 71883MPB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1276775.13   | 0.50%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOB SECURITIZATION AUTH NORTHNCALIF                                     | TOBACCO SECURITIZATION AUTH NT TOBGEN 06/60 ZEROCPNOID 0    | CUSIP: 888794CA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $392383.00    | 0.15%             | 2060-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                   | WISCONSIN HLTH EDL FACS AUTH S WISMED 07/35 FIXED 5.625     | CUSIP: 97671VCR4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    575000 | PA      | $604703.47    | 0.23%             | 2035-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELECTRIC POWER AUTHORITY                                    | PUERTO RICO ELEC PWR AUTH PWRR PRCPWR 07/29 FLOATING VAR    | CUSIP: 74526QLY6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |    735000 | PA      | $712511.13    | 0.28%             | 2029-07-01      | Floating      | 3.15%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                             | ILLINOIS ST ILS 10/33 FIXED 5                               | CUSIP: 4521522R1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046642.10   | 0.41%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                             | OHIO ST HSG FIN AGY MF HSG REV OHSMFH 01/46 FIXED 6.1       | CUSIP: 676900YJ6<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    500000 | PA      | $502840.80    | 0.20%             | 2046-01-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                         | CALIFORNIA CMNTY CHOICE FING A CCEDEV 05/54 ADJUSTABLE VAR  | CUSIP: 13013JDR4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072306.00   | 0.42%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| AEROTROPOLIS REGIONAL TRANSPORTATION AUTHORITY                          | AEROTROPOLIS REGL TRANPRTN AUT AERTRN 12/44 FIXED 5.5       | CUSIP: 008051AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014502.40   | 0.39%             | 2044-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LAKES OF SARASOTA COMMUNITY DEVELOPMENT DISTRICT 2                      | LAKES OF SARASOTA CDD 2 CAPITA LSADEV 05/45 FIXED 5.5       | CUSIP: 51207BAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $232174.67    | 0.09%             | 2045-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 01/41 ADJUSTABLE VAR  | CUSIP: 63607WBF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1558425.00   | 0.61%             | 2041-01-20      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| CITY OF PRINCETON TX                                                    | PRINCETON TX SPL ASSMNT REVENU PRIGEN 09/45 FIXED OID 5.375 | CUSIP: 742400DA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $422688.97    | 0.16%             | 2045-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH REV                                              | IDAHO ST HLTH FACS AUTH REVENU IDSMED 03/60 ADJUSTABLE VAR  | CUSIP: 451295H69<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |    200000 | PA      | $220985.22    | 0.09%             | 2060-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| GAS WORX COMMUNITY DEVELOPMENT DISTRICT                                 | GAS WORX CDD FL SPL ASSMNT GSWGEN 05/36 FIXED 5             | CUSIP: 367200AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $643709.74    | 0.25%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DISTRICT                                     | LAKEWOOD RANCH FL STEWARDSHIP LKRGEN 05/54 FIXED OID 5.55   | CUSIP: 51265KFT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $536648.37    | 0.21%             | 2054-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                   | WISCONSIN HLTH EDL FACS AUTH S WISMED 07/55 FIXED OID 5.875 | CUSIP: 97671VCP8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300460.53    | 0.12%             | 2055-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK                 | CALIFORNIA ST INFRASTRUCTURE CASDEV 01/60 ZEROCPNOID 0      | CUSIP: 13034AG95<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $216445.05    | 0.08%             | 2060-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                             | OHIO ST HSG FIN AGY MF HSG REV OHSMFH 01/45 FIXED 6.5       | CUSIP: 676900XW8<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    200000 | PA      | $205375.12    | 0.08%             | 2045-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PORT OF GREATER CINCINNATI DEVELOPMENT AUTHORITY                        | PORT OF GTR CINCINNATI DEV AUT PRTDEV 01/45 FIXED 6.5       | CUSIP: 73419RAE2<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    300000 | PA      | $311040.33    | 0.12%             | 2045-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUBLIC FACILITIES AUTHORITY                                   | LOUISIANA ST PUBLIC FACS AUTHL LASFAC 07/65 FIXED OID 4.75  | CUSIP: 54639TDU3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1461676.20   | 0.57%             | 2065-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                | MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/43 FIXED OID 4     | CUSIP: 57583UTY4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1611814.75   | 0.63%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF EDUCATION                                              | CHICAGO IL BRD OF EDU CHIEDU 12/50 FIXED OID 5.75           | CUSIP: 167505ZM1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1393909.16   | 0.54%             | 2050-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                | MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/44 FIXED 5         | CUSIP: 57585BBS6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350817.01    | 0.14%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS COUNTY HOUSING AUTHORITY                                        | DOUGLAS CNTY GA HSG AUTH MF TA DOUMFH 04/43 FIXED 4.375     | CUSIP: 259029AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016892.50   | 0.40%             | 2043-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MATAGORDA COUNTY NAVIGATION DIST                                        | MATAGORDA CNTY TX NAV DIST  1 MATPOL 11/29 FIXED 2.6        | CUSIP: 576528DT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $484620.85    | 0.19%             | 2029-11-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| DOMINION WATER & SANITATION DISTRICT                                    | DOMINION WTR   SANTN DIST CO R DOMWTR 12/52 FIXED 5.875     | CUSIP: 25755AAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1939000 | PA      | $1982454.54   | 0.77%             | 2052-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                           | BUCKS CNTY PA INDL DEV AUTH HO BUCMED 07/46 FIXED 4         | CUSIP: 11861MBL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $237752.54    | 0.09%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                   | WISCONSIN HLTH EDL FACS AUTH S WISMED 07/43 FIXED OID 4.5   | CUSIP: 97671VBG9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    100000 | PA      | $88104.37     | 0.03%             | 2043-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                               | NEW JERSEY ST ECON DEV AUTH EC NJSDEV 04/31 FIXED OID 5.75  | CUSIP: 64577HMH1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007073.10   | 0.39%             | 2031-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC ENERGY AUTHORITY OF KENTUCKY INC                                 | KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 12/33 FIXED 5         | CUSIP: 74440DFQ2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    500000 | PA      | $518711.80    | 0.20%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCING CORPORATION                                | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5         | CUSIP: 888808HQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $197146.18    | 0.08%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI STUDENT HSG PUBFIN 06/45 FIXED 5.25      | CUSIP: 74439YFY2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    550000 | PA      | $560937.19    | 0.22%             | 2045-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CITY OF VALPARAISO IN                                                   | VALPARAISO IN MF HSG REVENUE VALMFH 12/41 FIXED 5.375       | CUSIP: 920286AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $224057.28    | 0.09%             | 2041-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AUSTIN HOUSING FINANCE CORPORATION                                      | AUSTIN TX HSG FIN CORP AUSMFH 11/42 ADJUSTABLE VAR          | CUSIP: 052425HY4<br>LEI: 549300UBTYKESVNBXV64 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100944.49    | 0.04%             | 2042-11-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                                | UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/52 FIXED 5         | CUSIP: 91412HND1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1875916.26   | 0.73%             | 2052-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SALT LAKE CITY UT AIRPORT REVENUE                               | SALT LAKE CITY UT ARPT REVENUE SALAPT 07/51 FIXED 4         | CUSIP: 795576LC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $893001.00    | 0.35%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PASADENA RIDGE COMMUNITY DEVELOPMENT DISTRICT                           | PASADENA RIDGE CDD FL CAPITAL PSRDEV 05/55 FIXED 5.375      | CUSIP: 702300AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98180.69     | 0.04%             | 2055-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                  | CALIFORNIA MUN FIN AUTH STUDEN CASHSG 01/38 FIXED 5         | CUSIP: 13051EAF7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $514161.05    | 0.20%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISHAWAKA CITY OF                                                       | MISHAWAKA IN MF HSG REVENUE MISMFH 01/38 FIXED 5.375        | CUSIP: 604786AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $294112.95    | 0.11%             | 2038-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                | VIRGINIA ST SMALL BUSINESS FIN VBFMED 12/39 FIXED 5         | CUSIP: 928103AW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060465.80   | 0.41%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORPORATION        | TARRANT CNTY TX CULTURAL EDU F TAREDU 11/55 FIXED 6.875     | CUSIP: 87638RKH9<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    200000 | PA      | $188419.42    | 0.07%             | 2055-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** PIMCO Managed Accounts Trust

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer