# EDGAR Filing Document

**Accession Number:** 0001454889
**File Stem:** 0001752724-23-037014
**Filing Date:** 2023-2
**Character Count:** 127620
**Document Hash:** 1a849f2252ca4404c8232c090c1e62a1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-037014.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-037014

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SCHWAB STRATEGIC TRUST
- **CENTRAL INDEX KEY:** 0001454889
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22311
- **FILM NUMBER:** 23658837

**BUSINESS ADDRESS:**
- **STREET 1:** 211 MAIN STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** 1-415-667-7000

**MAIL ADDRESS:**
- **STREET 1:** 211 MAIN STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Schwab Strategic Trust
- **DATE OF NAME CHANGE:** 20090127

## Series and Classes Contracts Data

### Schwab Municipal Bond ETF (Series ID: S000077692)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000238180 | Schwab Municipal Bond ETF | SCMB            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SCHWAB STRATEGIC TRUST

- **b. Investment Company Act file number:** 811-22311

- **c. CIK number of Registrant:** 0001454889

- **d. LEI of Registrant:** 549300NAZEQOIX80E226

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

  - **Street Address 1:** 211 MAIN STREET

  - **City:** SAN FRANCISCO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-648-5300

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

- **a. Name of Series:** Schwab Municipal Bond ETF

- **b. EDGAR series identifier (if any):** S000077692

- **c. LEI of Series:** 549300Z3IVLF7IEKOL70

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

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

- **b. Date as of which information is reported:** 2022-12-31

**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:** $61648611.55

**Total Liabilities:** $262058.12

**Net Assets:** $61386553.43

**Cash Not Reported:** $242417.05

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 53.75000000 | **1-Year:** 1391.17000000 | **5-Year:** 4793.09000000 | **10-Year:** 14446.01000000 | **30-Year:** 22246.86000000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000238180 | -1.74%               | 4.78%                | -0.03%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-13938.15               | $-487064.33                                |
| Month 2  | $-2948.33                | $1683248.53                                |
| Month 3  | $-2441.94                | $-326388.19                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Energy Northwest                                            | Electric Refunding RB Series 2021A                                  | CUSIP: 29270C4L6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96091.11     | 0.16%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Univ of Texas                                               | Financing System RB Series 2020A                                    | CUSIP: 91514AJW6<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    150000 | PA      | $174861.60    | 0.28%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania                                                | GO Bonds 2nd Series 2016                                            | CUSIP: 70914PF49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $111517.30    | 0.18%             | 2036-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Auth                     | Building Aid RB Fiscal 2016 Series S1                               | CUSIP: 64972HXY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96863.20     | 0.16%             | 2040-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Beaverton SD #48J                                           | GO Bonds Series 2014B                                               | CUSIP: 938429K89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257924.30    | 0.42%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington                                                  | GO Bonds Series 2023A                                               | CUSIP: 93974EXY7<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    200000 | PA      | $217197.40    | 0.35%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Bay Municipal Utility District                         | Water System Refunding RB Series 2014B                              | CUSIP: 271014XZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $248798.59    | 0.41%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Leander ISD                                                 | ULT GO Refunding Bonds Series 2016A                                 | CUSIP: 521841RB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $148435.88    | 0.24%             | 2042-08-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Foothill Eastern Transportation Corridor Agency             | Sr Lien RB Series 1995A                                             | CUSIP: 345105AY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $97224.10     | 0.16%             | 2024-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Illinois                                                    | GO Bonds Series 2014                                                | CUSIP: 452152VW8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201842.50    | 0.33%             | 2029-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Refunding Bonds                                                  | CUSIP: 13063DUC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $276072.10    | 0.45%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Univ of California                                          | RB Series 2020 BE                                                   | CUSIP: 91412HHG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $244145.15    | 0.40%             | 2047-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metro Government of Nashville & Davidson Cnty               | RB Series 2013                                                      | CUSIP: 592098N37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $301608.33    | 0.49%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alameda Cnty Transportation Commission                      | Sr Sales Tax RB Series 2022                                         | CUSIP: 011118CD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $122834.75    | 0.20%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas Department of Transportation                         | Highway RB Series 2015B                                             | CUSIP: 485424QF5<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |    125000 | PA      | $132639.03    | 0.22%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland                                                    | GO Bonds 2nd Series 2017A                                           | CUSIP: 574193PN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $292865.28    | 0.48%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Bonds                                                            | CUSIP: 13063CQD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $522508.10    | 0.85%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Auth                               | Refunding RB (Cornell Univ) Series 2020A                            | CUSIP: 64990GB50<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    275000 | PA      | $260456.71    | 0.42%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut                                                 | GO Bonds Series 2020A                                               | CUSIP: 20772KHL6<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104554.30    | 0.17%             | 2025-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Auth                            | RB Series 2017B                                                     | CUSIP: 59261ANG8<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103662.72    | 0.17%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Auth                   | Sales & Motor Vehicle Tax Refunding Bonds Series 2021S1             | CUSIP: 155048DS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $143986.10    | 0.23%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hudson Cnty Improvement Auth                                | Lease RB (Hudson Cnty Courthouse) Series 2020                       | CUSIP: 443730QC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $140076.24    | 0.23%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City                                               | GO Bonds Fiscal 2021 Series F                                       | CUSIP: 64966QVX5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    200000 | PA      | $151672.08    | 0.25%             | 2051-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts                                               | GO Bonds Series  2020E                                              | CUSIP: 57582RK47<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    300000 | PA      | $320990.91    | 0.52%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Higher Education Loan Auth                             | RB (Grinnell College) Series 2017                                   | CUSIP: 4624605V4<br>LEI: 549300DWVTM3KRNR0M36 | Long             | DBT              | MUN               | US        |    220000 | PA      | $231247.37    | 0.38%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Dept of Transportation                             | Consolidated Bonds Series 2021A                                     | CUSIP: 574204S46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $148664.61    | 0.24%             | 2036-10-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Illinois                                                    | GO Bonds Series 2017D                                               | CUSIP: 452152Q46<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     95000 | PA      | $97406.50     | 0.16%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hawaii                                                      | GO Bonds Series 2017FK                                              | CUSIP: 419792RP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $261236.08    | 0.43%             | 2031-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Auth                               | State Personal Income Tax RB Series 2019D                           | CUSIP: 64990F3H5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    200000 | PA      | $230361.18    | 0.38%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Auth                  | Water & Sewer System RB Fiscal 2018 Series CC1                      | CUSIP: 64972GPU2<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    150000 | PA      | $139727.90    | 0.23%             | 2048-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Refunding Bonds                                                  | CUSIP: 13063DQL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $366987.30    | 0.60%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Auth of New York & New Jersey                          | Consolidated Bonds 200th Series                                     | CUSIP: 73358WH31<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    200000 | PA      | $208659.74    | 0.34%             | 2057-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Municipal Electric Agency                          | Power System Refunding RB Series 2015A                              | CUSIP: 452024JC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $302581.23    | 0.49%             | 2034-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northshore SD #417                                          | ULT GO Refunding Bonds Series 2022                                  | CUSIP: 494656X71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $123726.63    | 0.20%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Buildings Commission              | Refunding RB Series B                                               | CUSIP: 49151FNJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $226900.87    | 0.37%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Beaverton SD #48J                                           | GO Bonds Series 2022B                                               | CUSIP: 9384292B2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $273948.33    | 0.45%             | 2052-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas                                                       | GO Refunding Bonds Series 2014A                                     | CUSIP: 882723TC3<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |    420000 | PA      | $436351.44    | 0.71%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Auth                       | Sr Sales Tax Bonds Series 2005A                                     | CUSIP: 575579HC4<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |    145000 | PA      | $153355.99    | 0.25%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King Cnty                                                   | GO Refunding Bonds Series 2021A                                     | CUSIP: 49474FZK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $346819.77    | 0.56%             | 2027-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Auth                            | RB Series 2017D                                                     | CUSIP: 59261ATJ6<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    300000 | PA      | $260490.09    | 0.42%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Bonds                                                            | CUSIP: 13063C5Y2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $216923.84    | 0.35%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania State Turnpike Commission                      | RB Series 2021A                                                     | CUSIP: 709221VY8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    125000 | PA      | $132365.28    | 0.22%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida State Board of Education                            | Lottery Refunding RB Series 2017A                                   | CUSIP: 341507S28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $182058.59    | 0.30%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Public Utilities Commission                   | Water Refunding RB Series 2016A                                     | CUSIP: 79765RJ42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107060.68    | 0.17%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Auth                            | Refunding RB (Tulane Univ) Series 2020A                             | CUSIP: 546399JU1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    250000 | PA      | $259838.73    | 0.42%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia SD                                             | GO Refunding Bonds Series 2016F                                     | CUSIP: 717883TD4<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    110000 | PA      | $117194.58    | 0.19%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Auth                                | Toll RB (Monroe Expressway) Series 2016A                            | CUSIP: 65830UAE2<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |    200000 | PA      | $198610.14    | 0.32%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia                                                | Gas RB 16th Series A                                                | CUSIP: 71783MBZ7<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |     95000 | PA      | $100447.02    | 0.16%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Dept of Water & Power                           | Water System Refunding RB Series 2022C                              | CUSIP: 544525L97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $274427.20    | 0.45%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles USD                                             | GO Refunding Bonds Series 2017A                                     | CUSIP: 5446465N8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $212122.28    | 0.35%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Auth                       | RB Series 2021                                                      | CUSIP: 575579M95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $226905.71    | 0.37%             | 2025-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania                                                | GO Refunding Bonds Series 2017                                      | CUSIP: 70914PK27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $325399.29    | 0.53%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Dept of Water & Power                           | Water System RB Series 2020A                                        | CUSIP: 544525ZH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107013.20    | 0.17%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metro Government of Nashville & Davidson Cnty               | GO Bonds Series 2021C                                               | CUSIP: 592112UZ7<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |    125000 | PA      | $117978.05    | 0.19%             | 2034-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Texas                                                       | GO Refunding Bonds Series 2017A                                     | CUSIP: 8827236V6<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |    100000 | PA      | $109295.77    | 0.18%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts                                               | GO Bonds Series 2021A                                               | CUSIP: 57582RM78<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    250000 | PA      | $227190.95    | 0.37%             | 2036-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maricopa Cnty                                               | GO Bonds Series 2018C                                               | CUSIP: 56756TAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $396848.52    | 0.65%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Auth                             | Sr Lien RB Series 2021C3                                            | CUSIP: 89602HBY2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    225000 | PA      | $206475.50    | 0.34%             | 2051-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp                           | 1st Tier Refunding RB Series 2020C                                  | CUSIP: 38611TCB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $227706.28    | 0.37%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Diego Public Facilities Financing Auth                  | Water Sub RB Series 2018A                                           | CUSIP: 79730CJB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $215616.22    | 0.35%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts                                               | GO Bonds Series 2020D                                               | CUSIP: 57582RC61<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    200000 | PA      | $183991.76    | 0.30%             | 2035-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Univ of California                                          | RB Series 2018O                                                     | CUSIP: 91412HDC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $149821.98    | 0.24%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Orange County Transportation Auth                           | BAN 2021                                                            | CUSIP: 68441VAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $218279.82    | 0.36%             | 2024-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Public Utilities Commission                   | Water RB Series 2020A                                               | CUSIP: 79765R5J4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $316051.32    | 0.51%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Bonds                                                            | CUSIP: 13063DSA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $135710.33    | 0.22%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Dept of Transportation                             | RB Series 2018                                                      | CUSIP: 574204L68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $135883.74    | 0.22%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Canadian Cnty Educational Facilities Auth                   | Lease RB (Mustang Public Schools) Series 2017                       | CUSIP: 135521CP5<br>LEI: 549300HPRFS0Z66VHS30 | Long             | DBT              | MUN               | US        |    200000 | PA      | $198536.30    | 0.32%             | 2029-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Auth                                      | Electric System RB Series 2018                                      | CUSIP: 542691BU3<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |    120000 | PA      | $128278.15    | 0.21%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Auth                     | Future Tax Secured Sub Bonds Fiscal 2022 Series B1                  | CUSIP: 64971XG51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $146763.60    | 0.24%             | 2048-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Refunding Bonds                                                  | CUSIP: 13062TH72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $360201.87    | 0.59%             | 2032-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Houston                                                     | Utility System 1st Lien Refunding RB Series 2014C                   | CUSIP: 4424354N0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $278190.05    | 0.45%             | 2024-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Auth                     | Future Tax Secured Sub Bonds Fiscal 2021 Series F1                  | CUSIP: 64971XZA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $110758.54    | 0.18%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                            | Electric Refunding RB Series 2018B                                  | CUSIP: 29270CX42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $333303.86    | 0.54%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania                                                | GO Refunding Bonds Series 2017                                      | CUSIP: 70914PJ94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $127915.99    | 0.21%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Auth                  | Water & Sewer System 2nd Resolution RB Fiscal 2013 Series CC        | CUSIP: 64972GBN3<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    100000 | PA      | $89001.89     | 0.14%             | 2047-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Auth                         | Refunding Bonds (McCormick Place Expansion) Series 2020A            | CUSIP: 592250DM3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    200000 | PA      | $195393.78    | 0.32%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles                                                 | Sub Refunding RB Series 2018B                                       | CUSIP: 53945CJZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $227676.03    | 0.37%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Suffolk Cnty Water Auth                                     | Water System Refunding RB Series 2015                               | CUSIP: 864784EX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $298903.26    | 0.49%             | 2032-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York State Urban Development Corp                       | State Personal Income Tax RB Series 2017A                           | CUSIP: 6500354F2<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |    155000 | PA      | $169520.54    | 0.28%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Auth                          | Refunding RB Series 2022A                                           | CUSIP: 837151ZZ5<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    250000 | PA      | $213050.98    | 0.35%             | 2052-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina                                              | Refunding RB Series 2014B                                           | CUSIP: 65829QBS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $154690.89    | 0.25%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Auth                        | RB Series 2016AAA                                                   | CUSIP: 64577BTL8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    190000 | PA      | $193109.79    | 0.31%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Transportation Infrastructure Bank           | Refunding RB Series 2021B                                           | CUSIP: 837152VW4<br>LEI: 549300YI1NMCP4VLJN43 | Long             | DBT              | MUN               | US        |    105000 | PA      | $111484.60    | 0.18%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Auth                               | State Personal Income Tax RB Series 2016A                           | CUSIP: 64990E3J4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105276.69    | 0.17%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Auth                               | State Personal Income Tax Refunding RB Series 2016D                 | CUSIP: 64990E4V6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    270000 | PA      | $291007.78    | 0.47%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Monica CCD                                            | GO Bonds Series 2018A                                               | CUSIP: 802385QU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $241848.18    | 0.39%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chesapeake Bay Bridge & Tunnel District                     | 1st Tier RB Series 2016                                             | CUSIP: 16514PAD1<br>LEI: 549300JGWE66ZSSOYN09 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150428.70    | 0.25%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Auth                               | State Personal Income Tax RB Series 2013A                           | CUSIP: 64990EKW6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400946.76    | 0.65%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington                                                  | GO Refunding Bonds Series R2013C                                    | CUSIP: 93974C8E3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    400000 | PA      | $402828.20    | 0.66%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Health Facilities Auth                              | RB (Banner Health) Series 2014A                                     | CUSIP: 040507NR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $153176.76    | 0.25%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Public Utilities Commission                   | Water Refunding RB Series 2016A                                     | CUSIP: 79765RH36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $381783.64    | 0.62%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City                                               | GO Bonds Fiscal 2014 Series D1                                      | CUSIP: 64966K3P6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    200000 | PA      | $202063.80    | 0.33%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Power Auth                                         | RB Series 2020A                                                     | CUSIP: 64989KLE4<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |    100000 | PA      | $92086.24     | 0.15%             | 2050-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Auth                                        | State Revolving Fund Refunding Bonds Series 2015B                   | CUSIP: 45506DPU3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     90000 | PA      | $92114.00     | 0.15%             | 2024-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity River Auth                                          | Refunding RB Series 2020                                            | CUSIP: 89658HXJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $114719.02    | 0.19%             | 2031-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Auth                                    | Refunding RB Series 2015A                                           | CUSIP: 66285WNN2<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    150000 | PA      | $148760.03    | 0.24%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Public Works Board                               | Lease RB Series 2021C                                               | CUSIP: 13068XDG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $217844.94    | 0.35%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Bonds                                                            | CUSIP: 13063DVS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $115102.23    | 0.19%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego USD                                               | GO Bonds Series 2016I                                               | CUSIP: 7973554B7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $101826.53    | 0.17%             | 2036-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Turnpike Auth                                      | Economic Development Road Refunding RB Series 2017B                 | CUSIP: 491552Q40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $120916.11    | 0.20%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Bonds                                                            | CUSIP: 13063DP51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $240911.10    | 0.39%             | 2049-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Transportation Auth                                | Transportation Facilities RB Series 2020                            | CUSIP: 574300MP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $234106.23    | 0.38%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Auth                                    | Refunding RB Series 2014B                                           | CUSIP: 66285WLT1<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    230000 | PA      | $233919.84    | 0.38%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Dept of Water Resources                          | Water System RB Series BB                                           | CUSIP: 13067WRQ7<br>LEI: 549300X618YEC5LGBQ98 | Long             | DBT              | MUN               | US        |    250000 | PA      | $255274.53    | 0.42%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Dept of Transportation                             | Transportation Bonds Series 2018                                    | CUSIP: 574204L84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $92241.07     | 0.15%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Auth                                 | State Personal Income Tax RB Series 2021A1                          | CUSIP: 650028XB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $239317.93    | 0.39%             | 2041-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania State Turnpike Commission                      | Sub Refunding RB 3rd Series 2016A                                   | CUSIP: 709224RE1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    125000 | PA      | $132686.66    | 0.22%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Auth                               | State Personal Income Tax RB Series 2019D                           | CUSIP: 64990FPW8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    215000 | PA      | $226117.28    | 0.37%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Auth                     | Building Aid RB Fiscal 2015 Series S1                               | CUSIP: 64972HVS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $204920.20    | 0.33%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Auth                            | RB Series 2020A1                                                    | CUSIP: 59261AE37<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    100000 | PA      | $80482.23     | 0.13%             | 2052-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Bonds                                                            | CUSIP: 13063DAN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100978.99    | 0.16%             | 2023-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Diego Assoc of Governments                              | Capital Grant Receipts RB (Mid Coast Corridor Transit) Series 2019A | CUSIP: 797258AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $239744.00    | 0.39%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado                                                    | COP Series 2020A                                                    | CUSIP: 196711SF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $154064.54    | 0.25%             | 2035-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                    | RB (Emerson College) Series 2016A                                   | CUSIP: 57584XD57<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200040.90    | 0.33%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Paso                                                     | Water & Sewer Refunding RB Series 2022A                             | CUSIP: 283822XD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $190976.26    | 0.31%             | 2044-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Auth                   | Revenue Notes Series 2016A1                                         | CUSIP: 646136Z87<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251896.78    | 0.41%             | 2023-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Auth                     | RB Fiscal 2018 Series S1                                            | CUSIP: 64972HZX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150810.99    | 0.25%             | 2036-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Refunding Bonds                                                  | CUSIP: 13063CRS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $262790.45    | 0.43%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Auth                                    | 1st Tier Refunding RB Series 2016A                                  | CUSIP: 66285WSF4<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    275000 | PA      | $280336.21    | 0.46%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Auth                                    | Refunding RB Series 2005D3                                          | CUSIP: 646139ZX6<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |    300000 | PA      | $320594.91    | 0.52%             | 2026-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts                                               | GO Bonds Series 2021D                                               | CUSIP: 57582RS23<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    250000 | PA      | $269060.88    | 0.44%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Metropolitan Water District             | RB Series 2021A                                                     | CUSIP: 59266TTH4<br>LEI: 5493003GD0S0P56RLT45 | Long             | DBT              | MUN               | US        |    100000 | PA      | $110429.18    | 0.18%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego USD                                               | GO Bonds Series 2020M2                                              | CUSIP: 797356BB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $94291.32     | 0.15%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas-Fort Worth International Airport                     | Refunding RB Series 2020A                                           | CUSIP: 2350365C0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $165065.31    | 0.27%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                        | O'Hare General Airport Sr Lien Refunding RB Series 2015B            | CUSIP: 167593RC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $156674.96    | 0.26%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tuscaloosa City Board of Education Capital Outlay Warrants  | School Tax Warrants Series 2016                                     | CUSIP: 90059RAX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $215334.30    | 0.35%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Municipal Power Agency                             | Power System Refunding RB Series 2015A                              | CUSIP: 491501ED0<br>LEI: 2549001MTI3IE05Z7959 | Long             | DBT              | MUN               | US        |    100000 | PA      | $95870.83     | 0.16%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington                                                  | Motor Vehicle Fuel Tax GO Refunding Bonds Series R2022D             | CUSIP: 93974EWP7<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    130000 | PA      | $139228.86    | 0.23%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Auth                                     | RB Series 2018A                                                     | CUSIP: 64711RLY0<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |    155000 | PA      | $159794.65    | 0.26%             | 2024-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hudson Yards Infrastructure                                 | 2nd Indenture RB Fiscal 2017 Series A                               | CUSIP: 44420RAZ3<br>LEI: 549300EE2HJ67TPURL87 | Long             | DBT              | MUN               | US        |    290000 | PA      | $291766.30    | 0.48%             | 2036-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles USD                                             | GO Refunding Bonds Series 2014C                                     | CUSIP: 544646S86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $258328.95    | 0.42%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Univ                                       | RB Series 2016A                                                     | CUSIP: 13077C3M4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $216060.74    | 0.35%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Weld Cnty SD #RE2                                           | GO Bonds Series 2016                                                | CUSIP: 949255HC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $236906.93    | 0.39%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Auth                      | RB (Standford Univ) Series V2                                       | CUSIP: 130179TM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $187877.88    | 0.31%             | 2051-04-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Auth                   | RB Series 2018A                                                     | CUSIP: 6461363Q2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    225000 | PA      | $236332.89    | 0.38%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Private Colleges & Universities Auth                        | RB (Emory Univ) Series 2020B                                        | CUSIP: 74265LS66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $265741.98    | 0.43%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Auth                                      | Electric System RB Series 2016B                                     | CUSIP: 5426908L9<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |    190000 | PA      | $197748.43    | 0.32%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Refunding Bonds                                                  | CUSIP: 13063DQE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $175911.88    | 0.29%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Univ of California                                          | Limited Project RB Series 2018O                                     | CUSIP: 91412HDE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $257746.59    | 0.42%             | 2058-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Auth                          | Refunding RB Series 2016A                                           | CUSIP: 837151PK9<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |     85000 | PA      | $89442.44     | 0.15%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois                                                    | GO Bonds Series 2017C                                               | CUSIP: 452152P21<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    400000 | PA      | $409957.44    | 0.67%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade Cnty                                             | Refunding RB Series 2009A                                           | CUSIP: 59333HCD6<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    240000 | PA      | $297881.90    | 0.49%             | 2034-10-01      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission                             | State Highway Fund 1st Tier Refunding RB Series 2015                | CUSIP: 88283LJW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $166479.17    | 0.27%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City                                               | GO Bonds Fiscal 2020 Series C1                                      | CUSIP: 64966QGW4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    500000 | PA      | $576185.25    | 0.94%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Auth                             | General RB Series 2022A                                             | CUSIP: 89602RHR9<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    290000 | PA      | $310399.56    | 0.51%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Toll Highway Auth                                  | Sr RB Series 2020A                                                  | CUSIP: 452252PQ6<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    200000 | PA      | $210914.70    | 0.34%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                   | Sr Lien Sales Tax Refunding RB Series 2007                          | CUSIP: 235241EZ5<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |    315000 | PA      | $371875.58    | 0.61%             | 2030-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Auth                                       | RB (Public Lighting Auth) Series 2014B                              | CUSIP: 59447PYT2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200465.46    | 0.33%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough Cnty Aviation Auth                             | RB Series 2018F                                                     | CUSIP: 432308K52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $120913.01    | 0.20%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Auth                          | Sub Sales Tax Bonds Series 2018A                                    | CUSIP: 576000WE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $212568.56    | 0.35%             | 2048-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Auth                            | Restructuring Bonds Series 2015                                     | CUSIP: 91802RBN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $265573.63    | 0.43%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank       | RB (UCSF 2130 3rd St) Series 2017                                   | CUSIP: 13034ATW0<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106815.35    | 0.17%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Auth                                    | Refunding RB Series 2008I                                           | CUSIP: 66285WEF9<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    295000 | PA      | $315804.58    | 0.51%             | 2043-01-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Los Angeles Dept of Water & Power                           | Power System RB Series 2018B                                        | CUSIP: 5444954X9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    200000 | PA      | $204278.36    | 0.33%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon Dept of Transportation                               | Highway Sub Lien Refunding RB Series 2019A                          | CUSIP: 68607DUJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $222235.40    | 0.36%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey                                                  | ULT GO Series 2020A                                                 | CUSIP: 646039YN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $282692.48    | 0.46%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Auth                               | State Personal Income Tax RB Series 2016A                           | CUSIP: 64990E3F2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    200000 | PA      | $213357.48    | 0.35%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Auth                     | RB Fiscal 2019 Series S2A                                           | CUSIP: 64972HU42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $189579.90    | 0.31%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Pierce Utilities Authority                             | Utilities Refunding RB Series 2022A                                 | CUSIP: 348430PV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $115682.48    | 0.19%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Georgia                                                     | GO Bonds Series 2021A                                               | CUSIP: 373385HW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $205527.30    | 0.33%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Auth                               | RB Series 2015A                                                     | CUSIP: 64990BFL2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    200000 | PA      | $209404.06    | 0.34%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Bonds                                                            | CUSIP: 13063DKD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $310325.40    | 0.51%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Auth                     | RB Series C1                                                        | CUSIP: 64971XQM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $266597.09    | 0.43%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Auth                                 | State Personal Income Tax RB Series 2022A                           | CUSIP: 650028YG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $230251.70    | 0.38%             | 2030-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Refunding Bonds                                                  | CUSIP: 13063DB72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $233980.49    | 0.38%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power Distric | Electric System RB Series 2021A                                     | CUSIP: 79574CET6<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |    200000 | PA      | $204334.40    | 0.33%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade Cnty                                             | RB  Series 2017B                                                    | CUSIP: 59334DKF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105064.82    | 0.17%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark Cnty                                                  | GO Bonds Series 2018A                                               | CUSIP: 180848XH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $175105.89    | 0.29%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington                                                  | GO Refunding Bonds Series R2018C                                    | CUSIP: 93974DX29<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     40000 | PA      | $43645.82     | 0.07%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts                                               | GO Refunding Bonds Series 2016C                                     | CUSIP: 57582RKY1<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    190000 | PA      | $197528.98    | 0.32%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Auth                         | RB  Series 2002A                                                    | CUSIP: 592247K41<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    325000 | PA      | $195398.03    | 0.32%             | 2034-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fort Myers                                                  | Utility System Refunding RB Series 2019A                            | CUSIP: 348172UG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96852.16     | 0.16%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clark Cnty SD                                               | GO Refunding Bonds Series 2017A                                     | CUSIP: 181059WV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $210676.18    | 0.34%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Auth                        | State Lease RB Series 2018A                                         | CUSIP: 64578EKB2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252674.60    | 0.41%             | 2047-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas                                                       | GO Refunding Bonds Series 2014                                      | CUSIP: 882723NB1<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |    150000 | PA      | $154034.91    | 0.25%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio                                                 | Electric & Gas System Refunding RB Series 2020                      | CUSIP: 79625GCS0<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |    125000 | PA      | $131478.46    | 0.21%             | 2049-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Beaverton SD #48J                                           | GO Bonds Series 2014                                                | CUSIP: 938429K55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103169.72    | 0.17%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta                                                     | Water & Wastewater Refunding RB Series 2018B                        | CUSIP: 047870QS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105609.92    | 0.17%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Auth                   | RB Series 2013AA                                                    | CUSIP: 646136R86<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    220000 | PA      | $220788.74    | 0.36%             | 2036-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Refunding Bonds                                                  | CUSIP: 13063DXB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $152916.98    | 0.25%             | 2037-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut                                                 | Transportation RB Series 2020A                                      | CUSIP: 207758ZN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $547736.65    | 0.89%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Auth                     | Future Tax Secured Sub Bonds Fiscal 2015 Series B1                  | CUSIP: 64971WMZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $180390.09    | 0.29%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Dev Brd                                         | State Water Implementation Fund RB Series 2019A                     | CUSIP: 882854Z70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $239020.38    | 0.39%             | 2049-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia IDA                                            | RB (Thomas Jefferson Univ) Series 2017A                             | CUSIP: 71781XCQ4<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200625.62    | 0.33%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Asset Receivable Corp                             | RB Fiscal 2015 Series A                                             | CUSIP: 794665FT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $405169.48    | 0.66%             | 2031-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                        | Income Tax Secured RB Series 2019A                                  | CUSIP: 25477GPA7<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    220000 | PA      | $252303.48    | 0.41%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware River Port Auth                                    | RB Series 2013                                                      | CUSIP: 246352GB8<br>LEI: 549300OBM31KJO8JR048 | Long             | DBT              | MUN               | US        |    120000 | PA      | $122423.08    | 0.20%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Dept of Water & Power                           | Power System RB Series 2019D                                        | CUSIP: 544532AQ7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    250000 | PA      | $268940.73    | 0.44%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Refunding Bonds                                                  | CUSIP: 13063DE53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $110866.96    | 0.18%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Univ of Virginia                                            | General RB Series 2019B                                             | CUSIP: 915217XB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $272141.00    | 0.44%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Ohio                               | RB (Greenup Hydroelectric) Series 2016A                             | CUSIP: 02765UKK9<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |    275000 | PA      | $281985.00    | 0.46%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Cnty Regional Transportation Commission           | Sales Tax RB Series 2016A                                           | CUSIP: 797400KX5<br>LEI: W4FR340A6EQ2SSI17B56 | Long             | DBT              | MUN               | US        |    200000 | PA      | $209030.84    | 0.34%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gwinnett Cnty SD                                            | Sales Tax GO Bonds Series 2022B                                     | CUSIP: 403755Y54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $88448.59     | 0.14%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City                                               | ULT GO Series 2018F1                                                | CUSIP: 64966MZY8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    125000 | PA      | $131587.59    | 0.21%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                   | Sr Lien Sales Tax Refunding RB Series 2021B                         | CUSIP: 235241WS1<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |    275000 | PA      | $258488.70    | 0.42%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Auth                                    | 1st Tier System Revenue & Refunding Bonds Series 2017A              | CUSIP: 66285WUY0<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    145000 | PA      | $150783.50    | 0.25%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Birmingham Water Works Board                                | Water Refunding RB Series 2015A                                     | CUSIP: 091096JD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $313571.01    | 0.51%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Auth                                        | Hospital RB (Community Health Network) Series 2012A                 | CUSIP: 45471AKA9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100661.06    | 0.16%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Auth                                | BAN 2020                                                            | CUSIP: 65830RCW7<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |    250000 | PA      | $254671.48    | 0.41%             | 2024-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Auth                                | RB Series 2019                                                      | CUSIP: 65830VAJ9<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |    195000 | PA      | $86922.77     | 0.14%             | 2041-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Auth                  | Water & Sewer 2nd Resolution RB Fiscal 2020 Series AA               | CUSIP: 64972GUD4<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    500000 | PA      | $485563.05    | 0.79%             | 2040-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois                                                    | GO Refunding Bonds Series 2016                                      | CUSIP: 452152G62<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    150000 | PA      | $153103.74    | 0.25%             | 2025-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston                                                     | Utility System 1st Lien Refunding RB Series 2019B                   | CUSIP: 44244CXH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105843.07    | 0.17%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Transit Auth                        | RB Series 2021A                                                     | CUSIP: 93878YBU2<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |    280000 | PA      | $300278.97    | 0.49%             | 2046-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coast CCD                                                   | GO Bonds Series 2006B                                               | CUSIP: 190335DH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $303676.99    | 0.49%             | 2030-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago                                                     | GO Bonds Series 1999                                                | CUSIP: 167484QY3<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    400000 | PA      | $259771.68    | 0.42%             | 2033-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Southern California Metropolitan Water District             | Sub Water Refunding RB Series 2017A                                 | CUSIP: 59266TNF4<br>LEI: 5493003GD0S0P56RLT45 | Long             | DBT              | MUN               | US        |    250000 | PA      | $249227.48    | 0.41%             | 2026-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Oakland USD                                                 | GO Bonds Series 2021A                                               | CUSIP: 672325M38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $189144.11    | 0.31%             | 2046-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| W Virginia Parkway Auth                                     | Sr Lien RB Series 2021                                              | CUSIP: 956510BY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $200885.90    | 0.33%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Auth                     | Future Tax Secured Sub Bonds Fiscal 2021 Series F1                  | CUSIP: 64971XZC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $286576.15    | 0.47%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                 | Refunding RB (Case Western Reserve Univ) Series 2016                | CUSIP: 67756DJY3<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |    200000 | PA      | $209481.20    | 0.34%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Auth                     | Future Tax Secured Sub Bonds Fiscal 2016 Series E1                  | CUSIP: 64971WC73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $226934.31    | 0.37%             | 2033-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia SD                                             | GO Bonds Series 2018B                                               | CUSIP: 717883VG4<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    195000 | PA      | $184804.91    | 0.30%             | 2043-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Antonio                                                 | Electric & Gas Systems Refunding RB Series 2012                     | CUSIP: 7962532D3<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |    295000 | PA      | $309971.31    | 0.50%             | 2025-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                        | Income Tax Secured RB Series 2019A                                  | CUSIP: 25477GPN9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    200000 | PA      | $195039.98    | 0.32%             | 2044-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey                                                  | GO Bonds Series 2020A                                               | CUSIP: 646039YM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $278030.10    | 0.45%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Building Auth                                      | Refunding RB Series 2015I                                           | CUSIP: 594615BM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $157273.38    | 0.26%             | 2033-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark Cnty SD                                               | LT GO Refunding Bonds Series 2016D                                  | CUSIP: 181059VR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $176514.96    | 0.29%             | 2023-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank             | RB Series 1999E                                                     | CUSIP: 455280M53<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    250000 | PA      | $211814.15    | 0.35%             | 2028-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Transportation Fund                           | RB Series 2022B                                                     | CUSIP: 57604TKD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $324438.09    | 0.53%             | 2052-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois                                                    | GO Bonds Series 2013                                                | CUSIP: 452152TC5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    110000 | PA      | $110258.02    | 0.18%             | 2038-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Auth                     | Future Tax Secured Sub Bonds Fiscal 2022 Series A1                  | CUSIP: 64971XB72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $242403.43    | 0.39%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grossmont-Cuyamaca CCD                                      | GO Bonds Series 2018B                                               | CUSIP: 399267GT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $125675.64    | 0.20%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Auth                     | Future Tax Secured Sub Bonds Fiscal 2022 Series B                   | CUSIP: 64971XG69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $137978.30    | 0.22%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Riverside County Public Finance Auth                        | Lease RB Series 2015                                                | CUSIP: 76912KCM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107417.78    | 0.17%             | 2045-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Phoenix Civic Improvement Corp                              | Jr Lien Airport RB Series 2019A                                     | CUSIP: 71883MPA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $91629.90     | 0.15%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut                                                 | GO Bonds Series 2020A                                               | CUSIP: 20772KHM4<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106828.07    | 0.17%             | 2026-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Auth                   | Transportation RB Series 2020AA                                     | CUSIP: 6461367L9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    100000 | PA      | $84236.40     | 0.14%             | 2050-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut                                                 | Transportation RB Series 2016A                                      | CUSIP: 207758VX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $172358.75    | 0.28%             | 2035-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas-Fort Worth International Airport                     | Jt Refunding RB Series 2020A                                        | CUSIP: 2350364Z0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $207620.82    | 0.34%             | 2024-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City                                               | GO Bonds Fiscal 2019 Series A                                       | CUSIP: 64966ME39<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    160000 | PA      | $173061.86    | 0.28%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Auth                             | Sr Lien Refunding RB Series 2017                                    | CUSIP: 153476DD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $130558.03    | 0.21%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                    | Enhanced Tobacco Settlement Bonds Series 2013A                      | CUSIP: 38122NXS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252179.90    | 0.41%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Auth                             | Sub Refunding RB Series 2013A                                       | CUSIP: 89602NF90<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    555000 | PA      | $396028.30    | 0.65%             | 2031-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Illinois Toll Highway Auth                                  | Toll Sr RB Series 2021A                                             | CUSIP: 452252PX1<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    250000 | PA      | $264469.00    | 0.43%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Auth                            | Dedicated Tax Fund Refunding Bonds Series 2012A                     | CUSIP: 59259NT29<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    150000 | PA      | $111749.40    | 0.18%             | 2030-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Transit Auth                        | RB Series 2020A                                                     | CUSIP: 93878YAV1<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |    125000 | PA      | $133397.80    | 0.22%             | 2045-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida State Board of Education                            | Public Education Refunding Bonds Series 2013A                       | CUSIP: 34153PY51<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252302.65    | 0.41%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina                                              | GO Refunding Bonds Series 2017A                                     | CUSIP: 6582563C4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151265.00    | 0.25%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Auth                  | Water & Sewer System 2nd Resolution RB Fiscal 2021 Series AA1       | CUSIP: 64972GXS8<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    300000 | PA      | $343255.02    | 0.56%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City                                               | GO Bonds Fiscal 2020 Series D1                                      | CUSIP: 64966QKD1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    100000 | PA      | $92741.46     | 0.15%             | 2050-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fulton Cnty                                                 | Water & Sewerage RB Series 2020A                                    | CUSIP: 360066PQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $101999.39    | 0.17%             | 2043-01-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Delaware River Port Auth                                    | Refunding RB Series 2018B                                           | CUSIP: 246352HH4<br>LEI: 549300OBM31KJO8JR048 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.33%             | 2023-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Auth                                    | RB Series 2015E                                                     | CUSIP: 6461395W1<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |    150000 | PA      | $152960.94    | 0.25%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania State Turnpike Commission                      | Sub RB Series 2021B                                                 | CUSIP: 709221WT8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    200000 | PA      | $211023.58    | 0.34%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Auth                     | Sales Tax Refunding RB Series 2017C                                 | CUSIP: 5917453J1<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |    100000 | PA      | $91096.17     | 0.15%             | 2037-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Dept of Airports                                | Sr RB Series 2020D                                                  | CUSIP: 544445SD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $195857.86    | 0.32%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bexar Cnty                                                  | Tax Refunding Bonds Series 2017                                     | CUSIP: 088281B33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $161884.16    | 0.26%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Auth                               | State Sales Tax RB Series 2018E                                     | CUSIP: 64990AMS1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    400000 | PA      | $423484.32    | 0.69%             | 2041-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Auth                                 | State Personal Income Tax RB Series 2021A1                          | CUSIP: 650028WV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $488353.58    | 0.80%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Auth                               | State Personal Income Tax RB Series 2020A                           | CUSIP: 64990FYD0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    160000 | PA      | $160797.38    | 0.26%             | 2036-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oregon Dept of Transportation                               | Highway Tax Sub Lien RB Series 2020A                                | CUSIP: 68607DUW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $319549.00    | 0.52%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Auth                   | Transportation Bonds Series 2019BB                                  | CUSIP: 6461365R8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    145000 | PA      | $146399.44    | 0.24%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Auth                               | RB Series 2019A                                                     | CUSIP: 64990GTM4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    100000 | PA      | $93814.29     | 0.15%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Auth                     | Future Tax Secured Sub Bonds Fiscal 2021 Series C1                  | CUSIP: 64971XUE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $95315.13     | 0.16%             | 2042-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cook Cnty                                                   | Sales Tax RB Series 2021A                                           | CUSIP: 213248CP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $299988.42    | 0.49%             | 2041-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Bonds                                                            | CUSIP: 13063B3U4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $103782.53    | 0.17%             | 2037-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Connecticut                                                 | Special Tax Obligation Bonds Series 2020A                           | CUSIP: 207758ZJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $205825.08    | 0.34%             | 2024-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland                                                    | ULT GO Bonds Series 2017B                                           | CUSIP: 574193PD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $487665.87    | 0.79%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Auth                              | Educational Facilities Refunding RB Series 2017E                    | CUSIP: 92778VFH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $221610.14    | 0.36%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Cnty Regional Airport Auth                        | Sub Airport RB Series 2021A                                         | CUSIP: 79739GMX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $107191.63    | 0.17%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Auth                   | RB Series 2021A                                                     | CUSIP: 6461367V7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    100000 | PA      | $110751.15    | 0.18%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Auth                            | RB Series 2012E                                                     | CUSIP: 59259YSK6<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    375000 | PA      | $375073.39    | 0.61%             | 2038-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power Distric | Refunding RB Series 2016A                                           | CUSIP: 79574CBW2<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |    300000 | PA      | $327178.50    | 0.53%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington                                                  | GO Bonds Series 2020C                                               | CUSIP: 93974EEN2<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    160000 | PA      | $173298.82    | 0.28%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Refunding Bonds                                                  | CUSIP: 13063DQW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $180133.60    | 0.29%             | 2036-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Auth                                 | Jr Obligation RB Series 2019B                                       | CUSIP: 650010BS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $152971.79    | 0.25%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Prince Georges Cnty                                         | GO Bonds Series 2018A                                               | CUSIP: 7417014S2<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |    245000 | PA      | $275640.80    | 0.45%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ysleta ISD                                                  | ULT GO Bonds Series 2020                                            | CUSIP: 98816PCV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $283203.15    | 0.46%             | 2050-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Public Works Board                               | Lease RB Series 2021B                                               | CUSIP: 13068XBT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96258.55     | 0.16%             | 2046-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Auth                   | Sales & Motor Vehicle Tax Refunding Bonds Series 2021S1             | CUSIP: 155048EB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $284548.75    | 0.46%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                        | GO Bonds Series 2019A                                               | CUSIP: 25476FXV5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    240000 | PA      | $256810.66    | 0.42%             | 2044-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                    | RB (Harvard Univ) Series 2016A                                      | CUSIP: 57584XXU0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    275000 | PA      | $297672.29    | 0.48%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hidalgo Cnty                                                | GO Bonds Series 2018A                                               | CUSIP: 429326C33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $194914.32    | 0.32%             | 2043-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts                                               | GO Bonds Series 2020E                                               | CUSIP: 57582RK39<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    250000 | PA      | $269264.30    | 0.44%             | 2045-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas                                                       | GO Refunding Bonds Series 2014                                      | CUSIP: 882723NA3<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |    150000 | PA      | $154034.91    | 0.25%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland                                                    | ULT GO Bonds Series 2017                                            | CUSIP: 574193NL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $219316.64    | 0.36%             | 2029-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City                                               | ULT GO Series 2015F1                                                | CUSIP: 64966LQ20<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    185000 | PA      | $186483.22    | 0.30%             | 2033-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Connecticut                                                 | GO Bonds Series 2016E                                               | CUSIP: 20772J4P4<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    200000 | PA      | $192374.24    | 0.31%             | 2032-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Dev Brd                                         | State Water Fund RB Series 2018A                                    | CUSIP: 882854J60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105844.02    | 0.17%             | 2043-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego CCD                                               | GO Refunding Bonds Series 2016                                      | CUSIP: 797272PV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $157250.46    | 0.26%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Auth                  | Water & Sewer 2nd Resolution RB Fiscal 2017 Series CC1              | CUSIP: 64972GMX9<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    200000 | PA      | $188094.28    | 0.31%             | 2046-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California                                                  | GO Bonds                                                            | CUSIP: 13063DNG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $142105.41    | 0.23%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne Cnty Airport Auth                                     | Airport RB Series 2021A                                             | CUSIP: 944514C63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $229801.57    | 0.37%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis Metropolitan Council                            | ULT GO Series 2021C                                                 | CUSIP: 591852Z50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $125435.05    | 0.20%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Auth                                    | Turnpike RB Series 2019A                                            | CUSIP: 646140DC4<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |    155000 | PA      | $147266.63    | 0.24%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Twin Rivers USD                                             | GO Bonds Series 2016                                                | CUSIP: 90171TDG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $166908.11    | 0.27%             | 2041-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Georgia                                                     | GO Bonds Series 2017A                                               | CUSIP: 373385AP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $218987.64    | 0.36%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Auth                               | Sales Tax RB Series 2018E                                           | CUSIP: 64990AQN8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    250000 | PA      | $261931.13    | 0.43%             | 2048-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Auth                                 | Jr GO RB Series 2019B                                               | CUSIP: 650010CB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $169445.19    | 0.28%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Auth                               | State Personal Income Tax RB Series 2017B                           | CUSIP: 64990FFV1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    310000 | PA      | $340684.58    | 0.55%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-27

**Name of Applicant:** SCHWAB STRATEGIC TRUST

**Signature:** Dana Smith

**Name of Signer:** Dana Smith

**Title:** CFO