# EDGAR Filing Document

**Accession Number:** 0001710607
**File Stem:** 0001193125-26-024618
**Filing Date:** 2026-1
**Character Count:** 143114
**Document Hash:** 05f31046106623f49bcdbadc7fd56cbf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-024618.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0001193125-26-024618

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN CENTURY ETF TRUST
- **CENTRAL INDEX KEY:** 0001710607

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23305
- **FILM NUMBER:** 26566233

**BUSINESS ADDRESS:**
- **STREET 1:** 4500 MAIN STREET
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64111
- **BUSINESS PHONE:** (816) 531-5575

**MAIL ADDRESS:**
- **STREET 1:** 4500 MAIN STREET
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** American Century ETF Trust
- **DATE OF NAME CHANGE:** 20170628

## Series and Classes Contracts Data

### American Century California Municipal Bond ETF (Series ID: S000085330)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000250325 | American Century California Municipal Bond ETF | CATF            |

## Nport-Ex

**American Century Investments**<sup>®</sup>

**Quarterly Portfolio Holdings**

**American Century**<sup>®</sup> **California Municipal Bond ETF (CATF)**

**November 30, 2025**

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| |
|:---|
| **<u>California Municipal Bond ETF - Schedule of Investments</u>** |
| **NOVEMBER 30, 2025 (UNAUDITED)** |

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount ($)/Shares** | **Value ($)** |
| **MUNICIPAL SECURITIES — 98.8%** | | |
| **American Samoa — 0.4%** | | |
| American Samoa Economic Development Authority Rev., 5.00%, 9/1/27<sup>(1)(2)</sup> | 250000 | 254869 |
| **California — 94.8%** |  |  |
| Alameda Corridor Transportation Authority Rev., 5.00%, 10/1/37 | 120000 | 121583 |
| Antelope Valley-East Kern Water Agency Financing Authority Rev., (Metropolitan Water District of Southern California), 5.00%, 4/1/44 | 150000 | 165555 |
| Bay Area Toll Authority Rev., 4.00%, 4/1/30 | 475000 | 483907 |
| Bay Area Toll Authority Rev., 5.00%, 4/1/42 | 250000 | 272556 |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign Rev., 5.25%, 7/1/49 | 250000 | 261846 |
| California Community Choice Financing Authority Rev., 5.00%, 11/1/33 (GA: Canadian Imperial Bank) | 500000 | 548044 |
| California Community Choice Financing Authority Rev., VRN, 5.00%, 5/1/54 (GA: Morgan Stanley) | 500000 | 535674 |
| California Community Choice Financing Authority Rev., VRN, 5.50%, 10/1/54 (GA: National Bank of Canada) | 45000 | 49396 |
| California Community Choice Financing Authority Rev., VRN, 5.25%, 11/1/54 (GA: Goldman Sachs Group, Inc.) | 465000 | 497562 |
| California Community Choice Financing Authority Rev., VRN, 5.00%, 2/1/55 (GA: Royal Bank of Canada) | 525000 | 572892 |
| California Community Choice Financing Authority Rev., VRN, 5.00%, 8/1/55 (GA: American General Life) | 500000 | 531479 |
| California Community Choice Financing Authority Rev., VRN, 5.00%, 12/1/55 (GA: American General Life) | 100000 | 106530 |
| California Community Choice Financing Authority Rev., VRN, 5.00%, 1/1/56 (GA: New York Life Insurance Co.) | 220000 | 242886 |
| California Community Choice Financing Authority Rev., VRN, 5.00%, 3/1/56 (GA: Pacific Life Insurance Co.) | 250000 | 274523 |
| California Community Choice Financing Authority Rev., VRN, 5.00%, 10/1/56 (GA: Bank Of Nova Scotia TR) | 250000 | 274366 |
| California Community College Financing Authority Rev., (NCCD-Orange Coast Properties LLC), 5.25%, 5/1/43 | 20000 | 20369 |
| California County Tobacco Securitization Agency Rev., (Los Angeles County Securitization Corp.), 5.00%, 6/1/32 | 105000 | 111326 |
| California County Tobacco Securitization Agency Rev., (Los Angeles County Securitization Corp.), 4.00%, 6/1/39 | 325000 | 311872 |
| California County Tobacco Securitization Agency Rev., (Los Angeles County Securitization Corp.), 4.00%, 6/1/49 | 200000 | 173030 |
| California Educational Facilities Authority Rev., (Leland Stanford Junior University), VRN, 5.00%, 3/1/55 | 100000 | 114999 |
| California Educational Facilities Authority Rev., (Santa Clara University), 5.00%, 4/1/40 | 200000 | 229070 |
| California Enterprise Development Authority Rev., (Sage Hill School), 5.00%, 12/1/37 | 130000 | 148011 |
| California Enterprise Development Authority Rev., (Sage Hill School), 5.00%, 12/1/40 | 225000 | 250901 |
| California Health Facilities Financing Authority Rev., (Adventist Health System/West Obligated Group), 5.25%, 12/1/40 | 250000 | 274279 |
| California Health Facilities Financing Authority Rev., (Cedars-Sinai Medical Center Obligated Group), 4.00%, 8/15/48 | 275000 | 255070 |
| California Health Facilities Financing Authority Rev., (CommonSpirit Health Obligated Group), 4.00%, 4/1/37 | 400000 | 407600 |
| California Health Facilities Financing Authority Rev., (CommonSpirit Health Obligated Group), 4.00%, 4/1/38 | 25000 | 25364 |
| California Health Facilities Financing Authority Rev., (CommonSpirit Health Obligated Group), 5.00%, 12/1/42 | 350000 | 377504 |
| California Health Facilities Financing Authority Rev., (Kaiser Foundation Hospitals), VRN, 5.00%, 6/1/41 | 140000 | 152551 |
| California Health Facilities Financing Authority Rev., (Lucile Salter Packard Children's Hospital at Stanford Obligated Group), 5.00%, 8/15/34 | 530000 | 628832 |
| California Health Facilities Financing Authority Rev., (Scripps Health Obligated Group), 5.00%, 11/15/44 | 675000 | 734366 |
| California Health Facilities Financing Authority Rev., (Sutter Health Obligated Group), 5.00%, 11/15/32 | 145000 | 151569 |
| California Housing Finance Agency Rev., (300 De Haro Venture LP), VRN, 3.25%, 6/1/55 | 125000 | 125406 |
| California Housing Finance Agency Rev., (Century WLAVA 4 LP), VRN, 2.95%, 6/1/46 | 250000 | 250307 |
| California Housing Finance Agency Rev., (CR Epoca L Communities LP), Class PT, 3.70%, 11/1/37 (FNMA) | 250000 | 255117 |
| California Infrastructure & Economic Development Bank Rev., (California Science Center Foundation), 5.00%, 11/1/31 | 215000 | 243618 |
| California Infrastructure & Economic Development Bank Rev., (Desertxpress Enterprises LLC), VRN, 12.00%, 1/1/65 | 145000 | 123250 |
| California Infrastructure & Economic Development Bank Rev., (Equitable School Revolving Fund LLC Obligated Group), 5.00%, 11/1/29 | 250000 | 265880 |
| California Infrastructure & Economic Development Bank Rev., (Equitable School Revolving Fund LLC Obligated Group), 5.00%, 11/1/44 | 325000 | 333770 |
| California Infrastructure & Economic Development Bank Rev., (University of California), 5.00%, 5/15/45 | 250000 | 271904 |
| California Municipal Finance Authority Rev., 4.70%, 7/1/41 (FNMA) | 250000 | 261913 |
| California Municipal Finance Authority Rev., (4252 Crenshaw Preservation LLC), 3.75%, 12/1/35 (FHLMC)<sup>(2)</sup> | 200000 | 200254 |
| California Municipal Finance Authority Rev., (5435 Balboa LP), VRN, 3.15%, 8/1/59 | 350000 | 350478 |
| California Municipal Finance Authority Rev., (Ascent 613), 5.375%, 1/1/55<sup>(1)</sup> | 200000 | 195813 |

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| | | |
|:---|:---|:---|
| California Municipal Finance Authority Rev., (California Baptist University), 5.00%, 11/1/36<sup>(1)</sup> | 500000 | 502202 |
| California Municipal Finance Authority Rev., (California Baptist University), 5.125%, 11/1/40<sup>(1)</sup> | 250000 | 260120 |
| California Municipal Finance Authority Rev., (California Lutheran University CA), 5.00%, 10/1/28 | 150000 | 156977 |
| California Municipal Finance Authority Rev., (California Lutheran University CA), 5.00%, 10/1/37 | 200000 | 205750 |
| California Municipal Finance Authority Rev., (Caritas Corp. CMFA Mobile Home Park Financing 2024 Portfolio), 4.00%, 8/15/44 | 250000 | 232295 |
| California Municipal Finance Authority Rev., (CHF-Davis I LLC), 5.00%, 5/15/43 | 250000 | 252629 |
| California Municipal Finance Authority Rev., (Creative Center of Los Altos), 4.50%, 11/1/46<sup>(1)</sup> | 100000 | 92406 |
| California Municipal Finance Authority Rev., (Eisenhower Medical Center), 5.00%, 7/1/29 | 40000 | 40865 |
| California Municipal Finance Authority Rev., (Eskaton Properties, Inc. Obligated Group), 5.00%, 11/15/44 | 250000 | 254826 |
| California Municipal Finance Authority Rev., (HumanGood California Obligated Group), 5.00%, 10/1/36 | 400000 | 431076 |
| California Municipal Finance Authority Rev., (Ignatian Corp.), 5.00%, 9/1/54 | 600000 | 618869 |
| California Municipal Finance Authority Rev., (Maison's Sierra Phase 2 LP), 4.45%, 11/1/43 (FNMA) | 100000 | 100193 |
| California Municipal Finance Authority Rev., (PRS-California Obligated Group), 5.00%, 4/1/44 | 250000 | 257641 |
| California Municipal Finance Authority Rev., (Scripps College), 5.00%, 7/1/29 | 375000 | 406528 |
| California Municipal Finance Authority Rev., (St. Mary and All Angels Christian Church CA), 5.75%, 5/1/54<sup>(1)</sup> | 50000 | 50313 |
| California Municipal Finance Authority Rev., (United Airlines, Inc.), 4.00%, 7/15/29 | 500000 | 504011 |
| California Municipal Finance Authority Rev., (University of La Verne), 5.00%, 6/1/28 | 100000 | 102556 |
| California Municipal Finance Authority Rev., (View at San Bruno LP), VRN, 5.00%, 6/1/56 | 30000 | 31672 |
| California Municipal Finance Authority Rev., (Village Green Tax Credit LP), 4.125%, 11/1/41 (FNMA) | 100000 | 100388 |
| California Municipal Finance Authority Rev., (Witmer Manor Community Partners LP), 4.875%, 11/1/43 (FNMA)(HUD) | 200000 | 210325 |
| California Municipal Finance Authority Rev., VRN, 4.33%, 11/20/40 | 99937 | 100304 |
| California Municipal Finance Authority Rev., VRN, 3.54%, 2/20/41 | 99472 | 93275 |
| California Municipal Finance Authority Special Tax, (California Municipal Finance Authority BOLD Program Series 2024A), 5.00%, 9/1/48 | 235000 | 239818 |
| California Municipal Finance Authority Special Tax, (California Municipal Finance Authority Cmnty Facs Dist No. 2022-6 Impt Area No. 2), 5.25%, 9/1/45 | 100000 | 103829 |
| California Municipal Finance Authority Special Tax, (California Municipal Finance Authority Cmnty Facs District No. 2023-5 Area No. 2), 5.00%, 9/1/40 | 225000 | 234022 |
| California Public Finance Authority Rev., (Henry Mayo Newhall Hospital Obligated Group), 5.00%, 10/15/37 | 40000 | 40245 |
| California Public Finance Authority Rev., (Kendal at Sonoma Obligated Group), 5.00%, 11/15/46<sup>(1)</sup> | 250000 | 229700 |
| California Public Finance Authority Rev., (PIH Health, Inc. Obligated Group), 5.00%, 6/1/37 | 290000 | 323369 |
| California Public Finance Authority Rev., (PIH Health, Inc. Obligated Group), 5.00%, 6/1/38 | 310000 | 342235 |
| California School Finance Authority Rev., (Alliance for College Ready Public Schools Obligated Group), 4.00%, 7/1/34<sup>(1)</sup> | 350000 | 357011 |
| California School Finance Authority Rev., (Aspire Public Schools Obligated Group), 4.00%, 8/1/36<sup>(1)</sup> | 125000 | 122726 |
| California School Finance Authority Rev., (Aspire Public Schools Obligated Group), 5.00%, 8/1/46<sup>(1)</sup> | 300000 | 293960 |
| California School Finance Authority Rev., (Granada Hills Charter High School Obligated Group), 5.00%, 7/1/42<sup>(1)</sup> | 250000 | 253470 |
| California School Finance Authority Rev., (Green Dot Public Schools Obligated Group), 5.00%, 8/1/27<sup>(1)</sup> | 160000 | 163988 |
| California School Finance Authority Rev., (Kipp SoCal Public Schools Obligated Group), 5.00%, 7/1/49<sup>(1)</sup> | 395000 | 395809 |
| California School Finance Authority Rev., (Rocketship Education Obligated Group), 5.00%, 6/1/37<sup>(1)</sup> | 325000 | 325683 |
| California School Finance Authority Rev., (TEACH, Inc. Series 2019 Obligated Group), 5.00%, 6/1/29<sup>(1)</sup> | 255000 | 256135 |
| California State Public Works Board Rev., (State of California), 5.00%, 9/1/33 | 500000 | 586750 |
| California State University Rev., 4.00%, 11/1/43 | 335000 | 331841 |
| California State University Rev., VRN, 3.125%, 11/1/51 | 185000 | 185075 |
| California Statewide Communities Development Authority Rev., 5.00%, 10/1/32<sup>(1)</sup> | 300000 | 343188 |
| California Statewide Communities Development Authority Rev., (CHF-Irvine LLC), 5.00%, 5/15/40 | 400000 | 401852 |
| California Statewide Communities Development Authority Rev., (Emanate Health Obligated Group), 4.00%, 4/1/45 | 250000 | 236660 |
| California Statewide Communities Development Authority Rev., (Foothill Oak Park Apartments LLC), VRN, 4.25%, 9/1/67 (FNMA) | 500000 | 519396 |
| California Statewide Communities Development Authority Rev., (Front Porch Communities & Services Obligated Group), 4.00%, 4/1/39 | 175000 | 173469 |
| California Statewide Communities Development Authority Rev., (Front Porch Communities & Services Obligated Group), 4.00%, 4/1/42 | 200000 | 188876 |
| California Statewide Communities Development Authority Rev., (Loma Linda University Medical Center Obligated Group), 5.25%, 12/1/44 | 200000 | 200549 |
| California Statewide Communities Development Authority Rev., (Sequoia Living, Inc.), 5.00%, 7/1/39 | 250000 | 281374 |
| California Statewide Communities Development Authority Rev., (USC Obligated Group), 5.00%, 1/1/35 | 125000 | 130554 |

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| | | |
|:---|:---|:---|
| Central Valley Energy Authority Rev., VRN, 5.00%, 12/1/55 (GA: Pacific Life Insurance Co.) | 250000 | 277661 |
| Chabot-Las Positas Community College District GO, 5.25%, 8/1/48 | 300000 | 323908 |
| Chino Community Facilities District Special Tax, (City of Chino CA Community Facilities District No. 2022-1), 5.00%, 9/1/35 | 285000 | 306844 |
| City & County of San Francisco, Infrastructure & Revitalization Financing Dist No. 1 Facs Tax Allocation, 5.00%, 9/1/46<sup>(1)(2)</sup> | 150000 | 150229 |
| CSCDA Community Improvement Authority Rev., (CSCDA Community Improvement Authority Orange Portfolio), 2.80%, 3/1/47<sup>(1)</sup> | 240000 | 191375 |
| CSCDA Community Improvement Authority Rev., (CSCDA Community Improvement Authority Orange Portfolio), 3.00%, 3/1/57<sup>(1)</sup> | 100000 | 68192 |
| Department of Veterans Affairs Veteran's Farm & Home Purchase Program Rev., 4.25%, 12/1/49 | 250000 | 245354 |
| Dublin Special Tax, (City of Dublin CA Community Facilities District No. 2015-1 Improvement Area No. 5), 5.375%, 9/1/51 | 390000 | 404836 |
| East Bay Municipal Utility District Wastewater System Rev., 5.00%, 6/1/45 | 520000 | 561055 |
| East County Advanced Water Purification Joint Powers Authority Rev., 3.125%, 9/1/26 | 690000 | 691224 |
| El Monte Union High School District GO, 5.00%, 6/1/30 | 100000 | 112373 |
| El Monte Union High School District GO, 5.00%, 6/1/32 | 100000 | 117220 |
| Foothill-Eastern Transportation Corridor Agency Rev., 4.00%, 1/15/32 | 180000 | 190923 |
| Foothill-Eastern Transportation Corridor Agency Rev., 4.00%, 1/15/43 | 205000 | 205139 |
| Foothill-Eastern Transportation Corridor Agency Rev., 4.00%, 1/15/46 (BAM-TCRS) | 135000 | 132088 |
| Foothill-Eastern Transportation Corridor Agency Rev., 4.00%, 1/15/46 | 260000 | 252320 |
| Glendale Electric Rev., 5.00%, 2/1/46 | 200000 | 212389 |
| Golden State Tobacco Securitization Corp. Rev., 5.00%, 6/1/51 | 750000 | 751481 |
| Hastings Campus Housing Finance Authority Rev., 5.00%, 7/1/61<sup>(1)</sup> | 250000 | 225920 |
| Imperial Irrigation District Electric System Rev., 5.00%, 11/1/46 | 150000 | 163085 |
| Independent Cities Finance Authority Rev., (City of Compton CA Sales Tax), 4.00%, 6/1/36 (AG)<sup>(1)</sup> | 250000 | 254962 |
| Independent Cities Finance Authority Rev., (City of Compton CA Sales Tax), 4.00%, 6/1/51 (AG)<sup>(1)</sup> | 150000 | 142086 |
| Lammersville Joint Unified School District Special Tax, (Lammersville Joint Unified School District Community Facilities Dist No. 2024-1), 5.00%, 9/1/40 | 500000 | 529368 |
| Long Beach Marina System Rev., 5.00%, 5/15/37 | 250000 | 284427 |
| Los Angeles Community College District GO, 5.00%, 8/1/26 | 250000 | 254610 |
| Los Angeles County Community Facilities District No. 2021-01 Special Tax, (County of Los Angeles CA Community Facilities District No. 2021-01 Area No.2), 5.00%, 9/1/49 | 250000 | 255570 |
| Los Angeles County Public Works Financing Authority Rev., (County of Los Angeles CA), 5.00%, 12/1/27 | 250000 | 250764 |
| Los Angeles County Public Works Financing Authority Rev., (County of Los Angeles CA), 5.50%, 12/1/49 | 150000 | 166320 |
| Los Angeles Department of Airports Rev., 5.00%, 5/15/32 | 150000 | 168379 |
| Los Angeles Department of Airports Rev., 5.00%, 5/15/48 | 300000 | 321457 |
| Los Angeles Department of Water & Power Rev., (Los Angeles Department of Water & Power Power System), 5.00%, 7/1/42 | 250000 | 271941 |
| Los Angeles Department of Water & Power Rev., (Los Angeles Department of Water & Power Power System), 5.00%, 7/1/45 | 500000 | 527730 |
| Los Angeles Department of Water & Power Water System Rev., 5.00%, 7/1/27 | 125000 | 129311 |
| Los Angeles Department of Water & Power Water System Rev., 5.00%, 1/1/30 | 250000 | 269107 |
| Los Angeles Department of Water & Power Water System Rev., 5.00%, 7/1/33 | 125000 | 142682 |
| Los Angeles Department of Water & Power Water System Rev., 5.00%, 7/1/42 (BAM) | 125000 | 136493 |
| Los Angeles Housing Authority Rev., 3.75%, 4/1/34 (FNMA) | 120000 | 120673 |
| Los Angeles Housing Authority Rev., (Victory Boulevard Housing Partners LP), VRN, 3.00%, 1/1/46<sup>(2)</sup> | 212000 | 212102 |
| Los Angeles Unified School District GO, 5.00%, 7/1/26 | 180000 | 182860 |
| Los Angeles Unified School District GO, 5.00%, 7/1/35 | 500000 | 610568 |
| Manhattan Beach COP, VRN, 5.00%, 7/1/55 | 670000 | 701694 |
| Morgan Hill Unified School District GO, Capital Appreciation, 0.00%, 8/1/26 (FGIC)<sup>(3)(4)</sup> | 75000 | 73630 |
| Mountain View School District School Facilities Improvement District No. 2 GO, Capital Appreciation, 0.00%, 7/1/29<sup>(4)</sup> | 300000 | 264311 |
| M-S-R Energy Authority Rev., 6.50%, 11/1/39 (GA: Citigroup Global Markets) | 290000 | 357131 |
| New Hampshire Business Finance Authority Rev., VRN, 3.93%, 7/20/39 | 396808 | 392076 |
| Northern California Transmission Agency Rev., 5.00%, 5/1/33 | 450000 | 454442 |
| Ontario Community Facilities District No. 64 Special Tax, 5.00%, 9/1/39 | 100000 | 105793 |
| Ontario Public Financing Authority Rev., (City of Ontario CA Water), 5.00%, 8/1/49 | 195000 | 207746 |

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| | | |
|:---|:---|:---|
| Orange County Community Facilities District Special Tax, (County of Orange CA Community Facilities District No. 2016-1), 5.00%, 8/15/32 | 125000 | 126594 |
| Orange County Community Facilities District Special Tax, (County of Orange CA Community Facilities District No. 2023-1), 5.50%, 8/15/53 | 425000 | 444530 |
| Palmdale Water District Public Financing Authority Rev., (Palmdale Water District), 5.00%, 10/1/53 (AG) | 250000 | 264119 |
| Palomar Health Rev., (Palomar Health Obligated Group), 5.00%, 11/1/36 | 130000 | 121754 |
| Paradise Unified School District COP, 5.25%, 5/1/48 | 100000 | 101428 |
| Peninsula Corridor Joint Powers Board Rev., 5.00%, 10/1/36 | 200000 | 216799 |
| Port of Los Angeles Rev., 5.00%, 8/1/35 | 250000 | 284799 |
| Port of Los Angeles Rev., 5.00%, 8/1/36 | 340000 | 384258 |
| Rancho Cordova Special Tax, (City of Rancho Cordova CA Ranch Community Facs District No. 2021-1 Area No. 3), 5.00%, 9/1/40 | 280000 | 292579 |
| Redwood City Redevelopment Agency Successor Agency Tax Allocation, Capital Appreciation, 0.00%, 7/15/30 (AMBAC)<sup>(4)</sup> | 200000 | 173524 |
| Rialto Special Tax, (City of Rialto CA Community Facilities District No. 2020-1), 5.00%, 9/1/45 | 100000 | 102446 |
| Rio Hondo Community College District GO, 5.00%, 8/1/43 | 225000 | 251011 |
| Riverside County Public Financing Authority Tax Allocation, 5.00%, 10/1/35 (BAM) | 100000 | 118990 |
| Riverside County Public Financing Authority Tax Allocation, (Riverside County Public Financing Authority Redevelopment Project Area No. 1), 5.00%, 10/1/26 (AG) | 250000 | 254955 |
| Riverside County Transportation Commission Rev., 4.00%, 6/1/46 | 565000 | 517572 |
| Riverside Unified School District Special Tax, (Riverside Unified School District Community Facilities District No. 40), 5.00%, 9/1/40 | 150000 | 157170 |
| Romoland School District Special Tax, (Romoland School District Community Facilities District No. 2020-2 Area No. 1), 5.00%, 9/1/40 | 250000 | 264750 |
| Roseville Special Tax, (City of Roseville CA Amoruso Ranch Community Facilities District 1 Impt Area 1), 5.00%, 9/1/44 | 500000 | 510024 |
| Roseville Special Tax, (City of Roseville CA Creekview Phase 5 Community Facilities District No. 1), 5.00%, 9/1/40<sup>(2)</sup> | 150000 | 156133 |
| Sacramento City Unified School District GO, 5.00%, 8/1/53 (AG) | 250000 | 263188 |
| Sacramento County Airport System Rev., 5.00%, 7/1/34 | 15000 | 15915 |
| Sacramento County Airport System Rev., 5.25%, 7/1/45 | 125000 | 133092 |
| Sacramento County Airport System Rev., 5.25%, 7/1/54 | 245000 | 262655 |
| Sacramento Municipal Utility District Rev., 5.00%, 8/15/28 | 20000 | 21540 |
| Sacramento Municipal Utility District Rev., 5.00%, 11/15/54 | 385000 | 409566 |
| Sacramento Municipal Utility District Rev., VRN, 5.00%, 8/15/49 | 250000 | 289484 |
| San Diego County Rev., (Sanford Burnham Prebys Medical Discovery Institute), 5.00%, 11/1/28 | 200000 | 200354 |
| San Diego County Rev., (Sanford Burnham Prebys Medical Discovery Institute), 5.00%, 11/1/30 | 25000 | 25043 |
| San Diego County Regional Airport Authority Rev., 5.00%, 7/1/35 | 100000 | 114729 |
| San Diego County Regional Airport Authority Rev., 5.25%, 7/1/50 | 150000 | 163314 |
| San Diego Public Facilities Financing Authority Rev., (City of San Diego CA Water Utility), 5.00%, 8/1/42 | 460000 | 521258 |
| San Diego Unified School District GO, 5.00%, 7/1/35 | 250000 | 302027 |
| San Francisco City & County Airport Comm-San Francisco International Airport Rev., 5.00%, 5/1/32 | 310000 | 346668 |
| San Francisco City & County Airport Comm-San Francisco International Airport Rev., 5.00%, 5/1/46 | 350000 | 350302 |
| San Francisco City & County Redevelopment Agency Successor Agency Tax Allocation, (Mission Bay South Redevelopment Area Tax Increment Financing District), 5.00%, 8/1/35 (AG) | 250000 | 295093 |
| San Francisco Public Utilities Commission Water Rev., 5.00%, 11/1/34 | 150000 | 182407 |
| San Joaquin Hills Transportation Corridor Agency Rev., 4.00%, 1/15/34 | 150000 | 156806 |
| San Joaquin Hills Transportation Corridor Agency Rev., 5.25%, 1/15/49 | 155000 | 155065 |
| San Joaquin Hills Transportation Corridor Agency Rev., Capital Appreciation, 0.00%, 1/15/36 (NPFG)<sup>(4)</sup> | 40000 | 27706 |
| San Jose Rev., (La Moraga San Jose LP), 3.90%, 10/1/35 (FNMA) | 250000 | 260201 |
| Santa Ana Gas Tax Rev., 5.00%, 1/1/34 | 40000 | 42978 |
| Santa Barbara Community College District GO, 6.00%, 8/1/41 | 200000 | 245184 |
| Santa Clara Unified School District GO, 4.00%, 7/1/37 | 105000 | 110694 |
| Santa Clara Valley Water District Rev., 5.00%, 6/1/30 | 500000 | 500000 |
| Santa Clara Valley Water District Rev., 5.00%, 6/1/45 | 310000 | 338837 |
| Sonoma County Water Agency Rev., 4.00%, 7/1/47 | 145000 | 143865 |
| South San Francisco Special Tax, (City of South San Francisco CA Community Facilities District No. 2021-01), 5.00%, 9/1/40 | 100000 | 105465 |
| South San Francisco Special Tax, (City of South San Francisco CA Community Facilities District No. 2021-01), 5.00%, 9/1/45 | 100000 | 102998 |

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| | | |
|:---|:---|:---|
| Southern California Public Power Authority Rev., 5.00%, 7/1/26 | 80000 | 80167 |
| Southern California Public Power Authority Rev., (City of Anaheim CA Electric System), VRN, 3.70%, 7/1/40 | 500000 | 500994 |
| Southern California Public Power Authority Rev., (Los Angeles Department of Water & Power Power System), 5.00%, 7/1/48 | 100000 | 104023 |
| Southern California Public Power Authority Rev., (Los Angeles Department of Water & Power Power System), 5.25%, 7/1/53 | 250000 | 262927 |
| State of California GO, 4.00%, 3/1/30, Prerefunded at 100% of Par<sup>(3)</sup> | 5000 | 5327 |
| State of California GO, 3.50%, 12/1/30 | 995000 | 995249 |
| State of California GO, 5.00%, 3/1/32 | 230000 | 254010 |
| State of California GO, 4.00%, 3/1/36 | 195000 | 202835 |
| State of California GO, 4.00%, 9/1/43 | 745000 | 750181 |
| Stockton Community Facilities District Special Tax, (Stockton Community Facilities District No. 2018-2 Area No. 4), 5.00%, 9/1/40 | 100000 | 104492 |
| Stockton Unified School District GO, 5.00%, 8/1/27 (AG) | 285000 | 297716 |
| Sulphur Springs Union School District Special Tax, (Sulphur Springs Union School District Community Facilities District No. 2019-1), 5.00%, 9/1/28 | 180000 | 188276 |
| Tobacco Securitization Authority of Northern California Rev., (Sacramento County Tobacco Securitization Corp.), 4.00%, 6/1/49 | 225000 | 195504 |
| Transbay Joint Powers Authority Tax Allocation, (Transbay Joint Powers Authority Transbay Redevelopment Project Tax Increment), 5.00%, 10/1/37 | 200000 | 206299 |
| Transbay Joint Powers Authority Tax Allocation, (Transbay Joint Powers Authority Transbay Redevelopment Project Tax Increment), 5.00%, 10/1/39 | 100000 | 102583 |
| University of California Rev., 5.00%, 5/15/26 | 50000 | 50640 |
| University of California Rev., 5.00%, 5/15/29 | 200000 | 219366 |
| University of California Rev., 5.00%, 5/15/37 | 360000 | 420348 |
| University of California Rev., 5.25%, 5/15/40 | 250000 | 293829 |
| University of California Rev., 5.00%, 5/15/53 | 500000 | 530986 |
| Vacaville Special Tax, (City of Vacaville CA-Community Facilities District No. 13 Improvement Area 1), 5.00%, 9/1/40 | 100000 | 103610 |
| West Sacramento Enhanced Infrastructure Financing District No. 1 Tax Allocation, 5.00%, 9/1/55 (AG) | 100000 | 106100 |
| Yosemite Community College District GO, Capital Appreciation, 0.00%, 8/1/31<sup>(4)</sup> | 140000 | 121391 |
|  |  | 54748598 |
| **Guam — 2.2%** |  |  |
| Antonio B Won Pat International Airport Authority Rev., 5.25%, 10/1/35 | 100000 | 111443 |
| Guam Government Waterworks Authority Rev., (Guam Government Waterworks Authority Water And Wastewater System), 5.25%, 7/1/41 | 500000 | 539773 |
| Guam Power Authority Rev., 5.00%, 10/1/30 | 350000 | 380139 |
| Port Authority of Guam Rev., 5.00%, 7/1/29 | 135000 | 139937 |
| Territory of Guam Rev., 5.00%, 1/1/28 | 100000 | 103707 |
|  |  | 1274999 |
| **Puerto Rico — 1.4%** |  |  |
| Children's Trust Fund Rev., 0.00%, 5/15/50<sup>(4)</sup> | 500000 | 103138 |
| Puerto Rico GO, 5.625%, 7/1/29 | 150000 | 159262 |
| Puerto Rico GO, VRN, 0.00%, 11/1/51 | 15863 | 9260 |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Rev., 4.33%, 7/1/40 | 500000 | 487691 |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Rev., Capital Appreciation, 0.00%, 7/1/51<sup>(4)</sup> | 125000 | 31152 |
|  |  | 790503 |
| **TOTAL MUNICIPAL SECURITIES**<br>(Cost $56,092,030) |  | **57068969** |
| **SHORT-TERM INVESTMENTS — 1.6%** |  |  |
| **Money Market Funds — 1.6%** |  |  |
| BlackRock Liquidity Funds MuniCash<br>(Cost $927,744) | 927651 | **927744** |
| **TOTAL INVESTMENT SECURITIES — 100.4%**<br>(Cost $57,019,774) |  | **57996713** |
| **OTHER ASSETS AND LIABILITIES — (0.4)%** |  | **(249001)** |
| **TOTAL NET ASSETS — 100.0%** |  | $**57747712** |

---

------

---

| | | |
|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** |
| AG | – | Assured Guaranty, Inc. |
| AMBAC | – | American Municipal Bond Assurance Corp. |
| BAM | – | Build America Mutual Assurance Corp. |
| BAM-TCRS | – | Build America Mutual Assurance Corp. - Transferrable Custodial Receipts |
| COP | – | Certificates of Participation |
| FGIC | – | Financial Guaranty Insurance Co. |
| FHLMC | – | Federal Home Loan Mortgage Corp. |
| FNMA | – | Federal National Mortgage Association |
| GA | – | Guaranty Agreement |
| GO | – | General Obligation |
| HUD | – | Housing and Urban Development |
| NPFG | – | National Public Finance Guarantee Corp. |
| VRN | – | Variable Rate Note. The rate adjusts periodically based upon the terms set forth in the security's offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The security's effective maturity date may be shorter than the final maturity date shown. |

---

(1)Security was purchased pursuant to Rule 144A or Section 4(2) under the Securities Act of 1933 and may be sold in transactions exempt from registration, normally to qualified institutional investors. The aggregate value of these securities at the period end was $5,130,157, which represented 8.9% of total net assets.

(2)When-issued security. The issue price and yield are fixed on the date of the commitment, but payment and delivery are scheduled for a future date.

(3)Escrowed to maturity in U.S. government securities or state and local government securities.

(4)Security is a zero-coupon bond. Zero-coupon securities may be issued at a substantial discount from their value at maturity.

------

**SUPPLEMENTARY NOTES TO SCHEDULE OF INVESTMENTS** 

**1. Investment Valuations**

The fund determines the fair value of its investments and computes its net asset value (NAV) per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open. The value of investments of the fund is determined by American Century Investment Management, Inc. (ACIM) (the investment advisor), as the valuation designee, pursuant to its valuation policies and procedures. The Board of Trustees oversees the valuation designee and reviews its valuation policies and procedures at least annually.

Fixed income securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Municipal securities are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information.

Open-end management investment companies are valued at the reported NAV per share. Exchange-traded futures contracts are valued at the settlement price as provided by the appropriate exchange.

If the valuation designee determines that the market price for a portfolio security is not readily available or is believed by the valuation designee to be unreliable, such security is valued at fair value as determined in good faith by the valuation designee, in accordance with its policies and procedures. Circumstances that may cause a fund to determine that market quotations are not available or reliable include, but are not limited to: when there is a significant event subsequent to the market quotation; trading in a security has been halted during the trading day; or trading in a security is insufficient or did not take place due to a closure or holiday.

The valuation designee monitors for significant events occurring after the close of an investment's primary exchange but before the NAV per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; regulatory news, governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region.

**2. Fair Value Measurements**

The fund's investments valuation process is based on several considerations and may use multiple inputs to determine the fair value of the investments held by the fund. In conformity with accounting principles generally accepted in the United States of America, the inputs used to determine a valuation are classified into three broad levels.

• Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments.

• Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars.

• Level 3 valuation inputs consist of unobservable data (including a fund's own assumptions).

The level classification is based on the lowest level input that is significant to the fair valuation measurement. The valuation inputs are not necessarily an indication of the risks associated with investing in these securities or other financial instruments.

The following is a summary of the level classifications as of period end. The Schedule of Investments provides additional information on the fund's portfolio holdings.

---

| | | | |
|:---|:---|:---|:---|
| | **Level 1** | **Level 2** | **Level 3** |
| **Assets** | **Assets** | **Assets** | **Assets** |
| **Investment Securities** | **Investment Securities** | **Investment Securities** | **Investment Securities** |
| Municipal Securities |  | $57068969 |  |
| Short-Term Investments | $927744 |  |  |
|  | $927744 | $57068969 |  |

---

*This schedule of investments provides information about the fund's portfolio holdings as of the date on the schedule. It is unaudited, and American Century Investments assumes no obligation to update or supplement the schedule to reflect subsequent changes. More information is available in the fund's most recent annual or semiannual financial statements.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** American Century ETF Trust

- **b. Investment Company Act file number:** 811-23305

- **c. CIK number of Registrant:** 0001710607

- **d. LEI of Registrant:** 5493006IKK34YJD98183

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

  - **Street Address 1:** 4500 Main St

  - **City:** Kansas City

  - **State:** MO

  - **Foreign country:** US

  - **Zip / Postal Code:** 64111

  - **Telephone number:** 816-531-5575

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

- **a. Name of Series:** American Century California Municipal Bond ETF

- **b. EDGAR series identifier (if any):** S000085330

- **c. LEI of Series:** 254900SECH1HRR3W0D53

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $58877301.96

**Total Liabilities:** $1129589.96

**Net Assets:** $57747712.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 35.000000000000 | **1-Year:** 591.000000000000 | **5-Year:** 3486.000000000000 | **10-Year:** 17562.000000000000 | **30-Year:** 11212.000000000000

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

- **3-Month:** 1.000000000000 | **1-Year:** 149.000000000000 | **5-Year:** 194.000000000000 | **10-Year:** 3282.000000000000 | **30-Year:** 3005.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000250325 | 2.49%                | 1.23%                | 0.37%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-13437.33               | $1143034.38                                |
| Month 2  | $3302.38                 | $487772.99                                 |
| Month 3  | $68205.48                | $-19884.46                                 |

### Schedule of Portfolio Investments

| Name                                                                            | Title                                                                                            | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| California Community Choice Financing Authority                                 | California Community Choice Financing Authority 5.00% 11/01/2033                                 | CUSIP: 13013JHH2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    500000 | PA      | $548043.90    | 0.95%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY SECURITI                                                       | California County Tobacco Securitization Agency 5.00% 06/01/2032                                 | CUSIP: 13016NEQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $111325.60    | 0.19%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY SECURITI                                                       | California County Tobacco Securitization Agency 4.00% 06/01/2039                                 | CUSIP: 13016NEX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $311872.41    | 0.54%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                       | Alameda Corridor Transportation Authority 5.00% 10/01/2037                                       | CUSIP: 010869HB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $121582.58    | 0.21%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PIH HLTH INC OBLIG GROUP                                                        | California Public Finance Authority 5.00% 06/01/2037                                             | CUSIP: 13057EJJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $323369.40    | 0.56%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PIH HLTH INC OBLIG GROUP                                                        | California Public Finance Authority 5.00% 06/01/2038                                             | CUSIP: 13057EJK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $342234.92    | 0.59%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENDAL AT SONOMA OBLIG GP                                                       | California Public Finance Authority 5.00% 11/15/2046                                             | CUSIP: 13057GAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $229700.35    | 0.40%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCKETSHIP EDU OBLIG GRP                                                        | California School Finance Authority 5.00% 06/01/2037                                             | CUSIP: 13058TFY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $325682.83    | 0.56%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEACH INC SER 2019 OBLIG                                                        | California School Finance Authority 5.00% 06/01/2029                                             | CUSIP: 13058THJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $256135.36    | 0.44%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ASPIRE PUBLIC SCHOOLS OBL                                                       | California School Finance Authority 5.00% 08/01/2046                                             | CUSIP: 13058TMA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $293960.43    | 0.51%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY SECURITI                                                       | California County Tobacco Securitization Agency 4.00% 06/01/2049                                 | CUSIP: 13016NEZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $173030.44    | 0.30%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAISON'S SIERRA PHASE 2                                                         | California Municipal Finance Authority 4.45% 11/01/2043                                          | CUSIP: 130483JT8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100192.53    | 0.17%             | 2043-11-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| VILLAGE GREEN TAX CREDIT                                                        | California Municipal Finance Authority 4.13% 11/01/2041                                          | CUSIP: 130483JV3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100388.45    | 0.17%             | 2041-11-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| 4252 CRENSHAW PRESERVATIO                                                       | California Municipal Finance Authority 3.75% 12/01/2035                                          | CUSIP: 130483KH2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200253.66    | 0.35%             | 2035-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF LA VERNE                                                          | California Municipal Finance Authority 5.00% 06/01/2028                                          | CUSIP: 13048T2H5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102555.76    | 0.18%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EISENHOWER MEDICAL CENTER                                                       | California Municipal Finance Authority 5.00% 07/01/2029                                          | CUSIP: 13048T4B6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40865.40     | 0.07%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CREATIVE CTR OF LOS ALTOS                                                       | California Municipal Finance Authority 4.50% 11/01/2046                                          | CUSIP: 13048TA37<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    100000 | PA      | $92406.02     | 0.16%             | 2046-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA BAPTIST UNIV                                                         | California Municipal Finance Authority 5.00% 11/01/2036                                          | CUSIP: 13048TF99<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $502201.70    | 0.87%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRS-CALIFORNIA OBLIG GRP                                                        | California Municipal Finance Authority 5.00% 04/01/2044                                          | CUSIP: 13048V2S6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $257641.35    | 0.45%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA BAPTIST UNIV                                                         | California Municipal Finance Authority 5.13% 11/01/2040                                          | CUSIP: 13048V3E6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $260120.08    | 0.45%             | 2040-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ASPIRE PUBLIC SCHOOLS OBL                                                       | California School Finance Authority 4.00% 08/01/2036                                             | CUSIP: 13058TMY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $122726.18    | 0.21%             | 2036-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALLIANCE FOR CLG READY OB                                                       | California School Finance Authority 4.00% 07/01/2034                                             | CUSIP: 13058TUC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $357011.48    | 0.62%             | 2034-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GREEN DOT PUBLIC SCHS OBG                                                       | California School Finance Authority 5.00% 08/01/2027                                             | CUSIP: 13059TFE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $163988.03    | 0.28%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KIPP SOCAL PUB SCHS OBL                                                         | California School Finance Authority 5.00% 07/01/2049                                             | CUSIP: 13059TFU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $395808.76    | 0.69%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HUMANGOOD CA OBLIG GROUP                                                        | California Municipal Finance Authority 5.00% 10/01/2036                                          | CUSIP: 13048V3P1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    400000 | PA      | $431075.96    | 0.75%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA LUTHERAN UNIV                                                        | California Municipal Finance Authority 5.00% 10/01/2028                                          | CUSIP: 13048VDL9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    150000 | PA      | $156977.36    | 0.27%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA LUTHERAN UNIV                                                        | California Municipal Finance Authority 5.00% 10/01/2037                                          | CUSIP: 13048VDV7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    200000 | PA      | $205750.04    | 0.36%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| THE IGNATIAN CORPORATION                                                        | California Municipal Finance Authority 5.00% 09/01/2054                                          | CUSIP: 13048VV39<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    600000 | PA      | $618868.80    | 1.07%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ESKATON PPTYS INC OBLG GP                                                       | California Municipal Finance Authority 5.00% 11/15/2044                                          | CUSIP: 13048VZ92<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $254826.10    | 0.44%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCRIPPS COLLEGE                                                                 | California Municipal Finance Authority 5.00% 07/01/2029                                          | CUSIP: 130491AB9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    375000 | PA      | $406528.46    | 0.70%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CARITAS CORP CMFA MOBILE                                                        | California Municipal Finance Authority 4.00% 08/15/2044                                          | CUSIP: 13049SGA6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $232294.70    | 0.40%             | 2044-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| El Monte Union High School District                                             | El Monte Union High School District 5.00% 06/01/2030                                             | CUSIP: 283353WL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $112372.75    | 0.19%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Monte Union High School District                                             | El Monte Union High School District 5.00% 06/01/2032                                             | CUSIP: 283353WN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $117219.53    | 0.20%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                 | Foothill-Eastern Transportation Corridor Agency 4.00% 01/15/2046                                 | CUSIP: 345105JH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $252320.25    | 0.44%             | 2046-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GRANADA HILLS CHTR OBLIG                                                        | California School Finance Authority 5.00% 07/01/2042                                             | CUSIP: 13059TJN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253470.08    | 0.44%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | State of California 3.50% 12/01/2030                                                             | CUSIP: 13063CXB1<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    995000 | PA      | $995249.05    | 1.72%             | 2030-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | State of California 4.00% 09/01/2043                                                             | CUSIP: 13063D5S3<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    745000 | PA      | $750181.18    | 1.30%             | 2043-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | State of California 5.00% 03/01/2032                                                             | CUSIP: 13063DTG3<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    230000 | PA      | $254009.95    | 0.44%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | State of California 4.00% 03/01/2036                                                             | CUSIP: 13063EKK1<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5327.37      | 0.01%             | 2036-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | State of California 4.00% 03/01/2036                                                             | CUSIP: 13063EKM7<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    195000 | PA      | $202834.73    | 0.35%             | 2036-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Department of Veterans Affairs Veteran's Farm & Home Purchase Program           | Department of Veterans Affairs Veteran's Farm & Home Purchase Program 4.25% 12/01/2049           | CUSIP: 130658TX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $245354.25    | 0.42%             | 2049-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SAGE HILL SCHOOL                                                                | California Enterprise Development Authority 5.00% 12/01/2037                                     | CUSIP: 13067REZ2<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    130000 | PA      | $148010.55    | 0.26%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAGE HILL SCHOOL                                                                | California Enterprise Development Authority 5.00% 12/01/2040                                     | CUSIP: 13067RFC2<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    225000 | PA      | $250901.37    | 0.43%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | California State Public Works Board 5.00% 09/01/2033                                             | CUSIP: 13068XMA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $586750.35    | 1.02%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                     | California State University 4.00% 11/01/2043                                                     | CUSIP: 13077CX41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $331840.98    | 0.57%             | 2043-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                     | California State University 3.13% 11/01/2051                                                     | CUSIP: 13077DSZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $185075.13    | 0.32%             | 2051-11-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| CHF-IRVINE LLC                                                                  | California Statewide Communities Development Authority 5.00% 05/15/2040                          | CUSIP: 13078RGJ3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    400000 | PA      | $401851.52    | 0.70%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | Commonwealth of Puerto Rico 0.00% 11/01/2051                                                     | CUSIP: 74514L4G9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |     15863 | PA      | $9260.13      | 0.02%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.00% 07/01/2051                          | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    125000 | PA      | $31152.09     | 0.05%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 4.33% 07/01/2040                          | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    500000 | PA      | $487690.65    | 0.84%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| City of Rancho Cordova CA                                                       | City of Rancho Cordova CA 5.00% 09/01/2040                                                       | CUSIP: 75211RSE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $292578.50    | 0.51%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | San Francisco City & County Airport Comm-San Francisco International Airport 5.00% 05/01/2046    | CUSIP: 79766DGF0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350301.95    | 0.61%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                 | Foothill-Eastern Transportation Corridor Agency 4.00% 01/15/2043                                 | CUSIP: 345105JJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $205138.91    | 0.36%             | 2043-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                 | Foothill-Eastern Transportation Corridor Agency 4.00% 01/15/2032                                 | CUSIP: 345105JT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $190923.28    | 0.33%             | 2032-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | San Francisco City & County Airport Comm-San Francisco International Airport 5.00% 05/01/2032    | CUSIP: 79766DVL0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |    310000 | PA      | $346668.16    | 0.60%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Redevelopment Agency Successor Agency               | San Francisco City & County Redevelopment Agency Successor Agency 5.00% 08/01/2035               | CUSIP: 79770GKN5<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |    250000 | PA      | $295092.68    | 0.51%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                 | Foothill-Eastern Transportation Corridor Agency 4.00% 01/15/2046                                 | CUSIP: 345105KT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $132088.47    | 0.23%             | 2046-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale CA Electric Revenue                                            | City of Glendale CA Electric Revenue 5.00% 02/01/2046                                            | CUSIP: 378406PN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $212388.86    | 0.37%             | 2046-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco CA Public Utilities Commission Water Revenue              | City of San Francisco CA Public Utilities Commission Water Revenue 5.00% 11/01/2034              | CUSIP: 79771FLW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $182406.96    | 0.32%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County San Francisco CA Infrastructure & Revitalization Fing Dist 1 Facs | City & County San Francisco CA Infrastructure & Revitalization Fing Dist 1 Facs 5.00% 09/01/2046 | CUSIP: 79773NAM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150229.31    | 0.26%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Joaquin Hills Transportation Corridor Agency                                | San Joaquin Hills Transportation Corridor Agency 0.00% 01/15/2036                                | CUSIP: 798111DG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $27706.12     | 0.05%             | 2036-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Joaquin Hills Transportation Corridor Agency                                | San Joaquin Hills Transportation Corridor Agency 5.25% 01/15/2049                                | CUSIP: 798111GD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $155065.13    | 0.27%             | 2049-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Joaquin Hills Transportation Corridor Agency                                | San Joaquin Hills Transportation Corridor Agency 4.00% 01/15/2034                                | CUSIP: 798111GT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $156806.45    | 0.27%             | 2034-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LA MORAGA SAN JOSE LP                                                           | City of San Jose CA 3.90% 10/01/2035                                                             | CUSIP: 798165LL8<br>LEI: 549300QHIHSH68W22O38 | Long             | DBT              | MUN               | US        |    250000 | PA      | $260200.58    | 0.45%             | 2035-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | Los Angeles Department of Water & Power 5.00% 07/01/2045                                         | CUSIP: 544532MT8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    500000 | PA      | $527729.55    | 0.91%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | Los Angeles Department of Water & Power 5.00% 07/01/2042                                         | CUSIP: 544532QN7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    250000 | PA      | $271941.43    | 0.47%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                             | Port of Los Angeles 5.00% 08/01/2035                                                             | CUSIP: 544552C67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $284798.68    | 0.49%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                             | Port of Los Angeles 5.00% 08/01/2036                                                             | CUSIP: 544552C75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $384257.94    | 0.67%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Santa Ana CA Gas Tax Revenue                                            | City of Santa Ana CA Gas Tax Revenue 5.00% 01/01/2034                                            | CUSIP: 80111PAQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $42977.88     | 0.07%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Barbara Community College District                                        | Santa Barbara Community College District 6.00% 08/01/2041                                        | CUSIP: 801283HG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $245183.56    | 0.42%             | 2041-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Santa Clara Unified School District                                             | Santa Clara Unified School District 4.00% 07/01/2037                                             | CUSIP: 8014952Y7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $110694.14    | 0.19%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Santa Clara Valley Water                                                        | Santa Clara Valley Water District 5.00% 06/01/2045                                               | CUSIP: 80168AFE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $338837.29    | 0.59%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Stockton Unified School District                                                | Stockton Unified School District 5.00% 08/01/2027                                                | CUSIP: 861419B40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $297715.99    | 0.52%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sulphur Springs Union School District                                           | Sulphur Springs Union School District 5.00% 09/01/2028                                           | CUSIP: 865483HX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $188275.57    | 0.33%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO COUNTY TOBACCO                                                       | Tobacco Securitization Authority of Northern California 4.00% 06/01/2049                         | CUSIP: 888794BX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $195503.60    | 0.34%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                 | Transbay Joint Powers Authority 5.00% 10/01/2037                                                 | CUSIP: 89356CAP1<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    200000 | PA      | $206299.26    | 0.36%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                 | Transbay Joint Powers Authority 5.00% 10/01/2039                                                 | CUSIP: 89356CAR7<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102582.98    | 0.18%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                                        | University of California 5.00% 05/15/2037                                                        | CUSIP: 91412HQR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $420348.02    | 0.73%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Clara Valley Water                                                        | Santa Clara Valley Water District 5.00% 06/01/2030                                               | CUSIP: 80168QDR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.87%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sonoma County Water Agency                                                      | Sonoma County Water Agency 4.00% 07/01/2047                                                      | CUSIP: 835577LG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $143864.64    | 0.25%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of South San Francisco CA                                                  | City of South San Francisco CA 5.00% 09/01/2040                                                  | CUSIP: 840000BA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105465.09    | 0.18%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of South San Francisco CA                                                  | City of South San Francisco CA 5.00% 09/01/2045                                                  | CUSIP: 840000BB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102998.32    | 0.18%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                                        | University of California 5.00% 05/15/2026                                                        | CUSIP: 91412HQZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50640.37     | 0.09%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                                        | University of California 5.00% 05/15/2029                                                        | CUSIP: 91412HTF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $219365.74    | 0.38%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                                        | University of California 5.25% 05/15/2040                                                        | CUSIP: 91412HUE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $293828.55    | 0.51%             | 2040-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                                        | University of California 5.00% 05/15/2053                                                        | CUSIP: 91412HVY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $530986.40    | 0.92%             | 2053-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Vacaville CA                                                            | City of Vacaville CA 5.00% 09/01/2040                                                            | CUSIP: 918581CE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103610.09    | 0.18%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of West Sacramento CA Enhanced Infrastructure Financing District No 1      | City of West Sacramento CA Enhanced Infrastructure Financing District No 1 5.00% 09/01/2055      | CUSIP: 955636AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106099.96    | 0.18%             | 2055-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yosemite Community College District                                             | Yosemite Community College District 0.00% 08/01/2031                                             | CUSIP: 987388DH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $121391.45    | 0.21%             | 2031-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority                                   | American Samoa Economic Development Authority 5.00% 09/01/2027                                   | CUSIP: 02936TAM3<br>LEI: N/A                  | Long             | DBT              | MUN               | AS        |    250000 | PA      | $254869.13    | 0.44%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antelope Valley-East Kern Water Agency Financing Authority                      | Antelope Valley-East Kern Water Agency Financing Authority 5.00% 04/01/2044                      | CUSIP: 03672XAU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $165554.97    | 0.29%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                         | Bay Area Toll Authority 5.00% 04/01/2042                                                         | CUSIP: 072024A77<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |    250000 | PA      | $272555.63    | 0.47%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                         | Bay Area Toll Authority 4.00% 04/01/2030                                                         | CUSIP: 072024VD1<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |    475000 | PA      | $483906.68    | 0.84%             | 2030-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds MuniCash                                              | BlackRock Liquidity Funds MuniCash                                                               | CUSIP: 09248U841<br>LEI: 549300RWBJ885673DL84 | Long             | EC               | RF                | US        |    927651 | NS      | $927744.07    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                      | Burbank-Glendale-Pasadena Airport Authority Brick Campaign 5.25% 07/01/2049                      | CUSIP: 120827ED8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $261846.30    | 0.45%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA Community Improvement Authority 2.80% 03/01/2047                                           | CUSIP: 126292BA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $191374.70    | 0.33%             | 2047-03-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA Community Improvement Authority 3.00% 03/01/2057                                           | CUSIP: 126292BB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $68192.01     | 0.12%             | 2057-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NCCD-ORANGE COAST PPTYS                                                         | California Community College Financing Authority 5.25% 05/01/2043                                | CUSIP: 13012RAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20369.13     | 0.04%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | California Community Choice Financing Authority 5.50% 10/01/2054                                 | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |     45000 | PA      | $49396.32     | 0.09%             | 2054-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | California Community Choice Financing Authority 5.25% 11/01/2054                                 | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    465000 | PA      | $497562.46    | 0.86%             | 2054-11-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | California Community Choice Financing Authority 5.00% 05/01/2054                                 | CUSIP: 13013JDR4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    500000 | PA      | $535673.55    | 0.93%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | California Community Choice Financing Authority 5.00% 08/01/2055                                 | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    500000 | PA      | $531478.85    | 0.92%             | 2055-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CHF-DAVIS I LLC                                                                 | California Municipal Finance Authority 5.00% 05/15/2043                                          | CUSIP: 13049YBK6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252629.05    | 0.44%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United Airlines Inc                                                             | California Municipal Finance Authority 4.00% 07/15/2029                                          | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $504011.20    | 0.87%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | California Municipal Finance Authority 3.44% 02/20/2041                                          | CUSIP: 13050WAA9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |     99472 | PA      | $93275.37     | 0.16%             | 2041-02-20      | Variable      | 3.44%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | California Municipal Finance Authority 4.33% 11/20/2040                                          | CUSIP: 13050WAD3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |     99937 | PA      | $100304.23    | 0.17%             | 2040-11-20      | Variable      | 4.33%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | California Municipal Finance Authority 5.00% 09/01/2048                                          | CUSIP: 13051AGS1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    235000 | PA      | $239817.59    | 0.42%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | California Municipal Finance Authority 5.25% 09/01/2045                                          | CUSIP: 13051ANS3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103828.60    | 0.18%             | 2045-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | California Municipal Finance Authority 5.00% 09/01/2040                                          | CUSIP: 13051ANX2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    225000 | PA      | $234022.48    | 0.41%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST MARY AND ALL ANGELS                                                          | California Municipal Finance Authority 5.75% 05/01/2054                                          | CUSIP: 13051BAC0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50312.89     | 0.09%             | 2054-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ASCENT 613                                                                      | California Municipal Finance Authority 5.38% 01/01/2055                                          | CUSIP: 13051EAJ9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    200000 | PA      | $195812.60    | 0.34%             | 2055-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HENRY MAYO NEWHALL HSP OB                                                       | California Public Finance Authority 5.00% 10/15/2037                                             | CUSIP: 13057EAK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40245.20     | 0.07%             | 2037-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOOTHILL OAK PARK APTS                                                          | California Statewide Communities Development Authority 4.25% 09/01/2067                          | CUSIP: 13079PA37<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $519396.00    | 0.90%             | 2067-09-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| SEQUOIA LIVING INC                                                              | California Statewide Communities Development Authority 5.00% 07/01/2039                          | CUSIP: 13080S2K9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $281374.00    | 0.49%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide                                                            | California Statewide Communities Development Authority 5.00% 10/01/2032                          | CUSIP: 13080S2W3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    300000 | PA      | $343187.58    | 0.59%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRONT PORCH CMNNTYS OBLIG                                                       | California Statewide Communities Development Authority 4.00% 04/01/2039                          | CUSIP: 13080SC36<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    175000 | PA      | $173468.84    | 0.30%             | 2039-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOMA LINDA UNIV MED OBL                                                         | California Statewide Communities Development Authority 5.25% 12/01/2044                          | CUSIP: 13080SEW0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200548.94    | 0.35%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FRONT PORCH CMNNTYS OBLIG                                                       | California Statewide Communities Development Authority 4.00% 04/01/2042                          | CUSIP: 13080SSC9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    200000 | PA      | $188875.88    | 0.33%             | 2042-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EMANATE HLTH OBLIG GROUP                                                        | California Statewide Communities Development Authority 4.00% 04/01/2045                          | CUSIP: 13080SYX6<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $236659.65    | 0.41%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| USC OBLIGATED GROUP                                                             | California Statewide Communities Development Authority 5.00% 01/01/2035                          | CUSIP: 13081KAR1<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    125000 | PA      | $130554.09    | 0.23%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                                 | Central Valley Energy Authority 5.00% 12/01/2055                                                 | CUSIP: 15569DAA0<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |    250000 | PA      | $277661.23    | 0.48%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Chabot-Las Positas Community College District                                   | Chabot-Las Positas Community College District 5.25% 08/01/2048                                   | CUSIP: 15722TKU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $323907.60    | 0.56%             | 2048-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                           | Children's Trust Fund 0.00% 05/15/2050                                                           | CUSIP: 16876QBJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    500000 | PA      | $103138.45    | 0.18%             | 2050-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chino Community Facilities District                                             | Chino Community Facilities District 5.00% 09/01/2035                                             | CUSIP: 169511YH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $306843.88    | 0.53%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dublin CA                                                               | City of Dublin CA 5.38% 09/01/2051                                                               | CUSIP: 26362DBU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $404835.80    | 0.70%             | 2051-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| East Bay Municipal Utility District Wastewater System Revenue                   | East Bay Municipal Utility District Wastewater System Revenue 5.00% 06/01/2045                   | CUSIP: 271012GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $561054.68    | 0.97%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East County Advanced Water Purification Joint Powers Authority                  | East County Advanced Water Purification Joint Powers Authority 3.13% 09/01/2026                  | CUSIP: 271843AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $691223.85    | 1.20%             | 2026-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| PALOMAR HEALTH OBLIG GRP                                                        | Palomar Health 5.00% 11/01/2036                                                                  | CUSIP: 697528AR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $121754.02    | 0.21%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Paradise Unified School District                                                | Paradise Unified School District 5.25% 05/01/2048                                                | CUSIP: 699042BY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101428.38    | 0.18%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Peninsula Corridor Joint Powers Board/CA                                        | Peninsula Corridor Joint Powers Board/CA 5.00% 10/01/2036                                        | CUSIP: 707120CL3<br>LEI: 549300EWZ3063STMF882 | Long             | DBT              | MUN               | US        |    200000 | PA      | $216798.88    | 0.38%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | Commonwealth of Puerto Rico 5.63% 07/01/2029                                                     | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |    150000 | PA      | $159261.68    | 0.28%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Redwood City Redevelopment Agency Successor Agency                              | Redwood City Redevelopment Agency Successor Agency 0.00% 07/15/2030                              | CUSIP: 757887BN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $173524.46    | 0.30%             | 2030-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Rialto CA                                                               | City of Rialto CA 5.00% 09/01/2045                                                               | CUSIP: 762485ET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102445.53    | 0.18%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rio Hondo Community College District/CA                                         | Rio Hondo Community College District/CA 5.00% 08/01/2043                                         | CUSIP: 767121FG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $251010.97    | 0.43%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverside Unified School District                                               | Riverside Unified School District 5.00% 09/01/2040                                               | CUSIP: 769069Z40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $157169.51    | 0.27%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverside County Transportation Commission                                      | Riverside County Transportation Commission 4.00% 06/01/2046                                      | CUSIP: 76912DAZ1<br>LEI: 5493003G0IESJS57M350 | Long             | DBT              | MUN               | US        |    565000 | PA      | $517572.37    | 0.90%             | 2046-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Riverside County Public Financing Authority                                     | Riverside County Public Financing Authority 5.00% 10/01/2026                                     | CUSIP: 76912TNQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254954.90    | 0.44%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverside County Public Financing Authority                                     | Riverside County Public Financing Authority 5.00% 10/01/2035                                     | CUSIP: 76912TPM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $118990.04    | 0.21%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Romoland School District                                                        | Romoland School District 5.00% 09/01/2040                                                        | CUSIP: 776192XX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $264750.40    | 0.46%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Roseville CA                                                            | City of Roseville CA 5.00% 09/01/2040                                                            | CUSIP: 77786AAJ4<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |    150000 | PA      | $156132.50    | 0.27%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Roseville CA                                                            | City of Roseville CA 5.00% 09/01/2044                                                            | CUSIP: 7778706N1<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510023.75    | 0.88%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento City Unified School District/CA                                      | Sacramento City Unified School District/CA 5.00% 08/01/2053                                      | CUSIP: 785870T22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $263187.55    | 0.46%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                           | Sacramento Municipal Utility District 5.00% 08/15/2028                                           | CUSIP: 786005D70<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21540.22     | 0.04%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                           | Sacramento Municipal Utility District 5.00% 11/15/2054                                           | CUSIP: 786005K64<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |    385000 | PA      | $409565.93    | 0.71%             | 2054-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                           | Sacramento Municipal Utility District 5.00% 08/15/2049                                           | CUSIP: 786005N61<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |    250000 | PA      | $289483.93    | 0.50%             | 2049-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                  | County of Sacramento CA Airport System Revenue 5.00% 07/01/2034                                  | CUSIP: 786107SX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15914.59     | 0.03%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                  | County of Sacramento CA Airport System Revenue 5.25% 07/01/2054                                  | CUSIP: 786107VC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $262655.44    | 0.45%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                  | County of Sacramento CA Airport System Revenue 5.25% 07/01/2045                                  | CUSIP: 786107XA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $133092.01    | 0.23%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Diego Public Facilities Financing Authority                                 | San Diego Public Facilities Financing Authority 5.00% 08/01/2042                                 | CUSIP: 79730CMF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $521258.06    | 0.90%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                            | San Diego Unified School District/CA 5.00% 07/01/2035                                            | CUSIP: 797356NE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $302027.15    | 0.52%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | San Diego County Regional Airport Authority 5.25% 07/01/2050                                     | CUSIP: 79739GSH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $163313.51    | 0.28%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | San Diego County Regional Airport Authority 5.00% 07/01/2035                                     | CUSIP: 79739GSS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $114729.06    | 0.20%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANFORD BURNHAM PREBYS                                                          | County of San Diego CA 5.00% 11/01/2028                                                          | CUSIP: 79742YAN2<br>LEI: 254900MKIGRAYVDUZ926 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200354.10    | 0.35%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANFORD BURNHAM PREBYS                                                          | County of San Diego CA 5.00% 11/01/2030                                                          | CUSIP: 79742YAQ5<br>LEI: 254900MKIGRAYVDUZ926 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25043.12     | 0.04%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | California Community Choice Financing Authority 5.00% 02/01/2055                                 | CUSIP: 13013JFD3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    525000 | PA      | $572891.81    | 0.99%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | California Community Choice Financing Authority 5.00% 01/01/2056                                 | CUSIP: 13013JFW1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    220000 | PA      | $242886.49    | 0.42%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | California Community Choice Financing Authority 5.00% 03/01/2056                                 | CUSIP: 13013JGF7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    250000 | PA      | $274523.30    | 0.48%             | 2056-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | California Community Choice Financing Authority 5.00% 12/01/2055                                 | CUSIP: 13013JHD1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106529.76    | 0.18%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | California Community Choice Financing Authority 5.00% 10/01/2056                                 | CUSIP: 13013JHG4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    250000 | PA      | $274366.30    | 0.48%             | 2056-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SANTA CLARA UNIVERSITY                                                          | California Educational Facilities Authority 5.00% 04/01/2040                                     | CUSIP: 130179VZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $229069.54    | 0.40%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LELAND STANFORD JR UNIV                                                         | California Educational Facilities Authority 5.00% 03/01/2055                                     | CUSIP: 130179XB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $114998.71    | 0.20%             | 2055-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CEDARS-SINAI MED CTR OBLG                                                       | California Health Facilities Financing Authority 4.00% 08/15/2048                                | CUSIP: 13032UB23<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    275000 | PA      | $255070.28    | 0.44%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SCRIPPS HLTH OBLIG GRP                                                          | California Health Facilities Financing Authority 5.00% 11/15/2044                                | CUSIP: 13032UN61<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    675000 | PA      | $734366.45    | 1.27%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH OBLIG GROUP                                                       | California Health Facilities Financing Authority 5.00% 11/15/2032                                | CUSIP: 13032UNQ7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    145000 | PA      | $151568.95    | 0.26%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HLTH OBLIG                                                         | California Health Facilities Financing Authority 5.00% 12/01/2042                                | CUSIP: 13032US33<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    350000 | PA      | $377503.95    | 0.65%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADVENTIST HLTH SYS/W OBLG                                                       | California Health Facilities Financing Authority 5.25% 12/01/2040                                | CUSIP: 13032UU30<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    250000 | PA      | $274279.10    | 0.47%             | 2040-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KAISER FDTN HOSPITALS                                                           | California Health Facilities Financing Authority 5.00% 06/01/2041                                | CUSIP: 13032UUW6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    140000 | PA      | $152551.15    | 0.26%             | 2041-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HLTH OBLIG                                                         | California Health Facilities Financing Authority 4.00% 04/01/2037                                | CUSIP: 13032UWY0<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    400000 | PA      | $407600.28    | 0.71%             | 2037-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HLTH OBLIG                                                         | California Health Facilities Financing Authority 4.00% 04/01/2038                                | CUSIP: 13032UWZ7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25364.48     | 0.04%             | 2038-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LUCILE S PACKARD CHLD HSP                                                       | California Health Facilities Financing Authority 5.00% 08/15/2034                                | CUSIP: 13032UX45<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    530000 | PA      | $628831.96    | 1.09%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                                        | California Infrastructure & Economic Development Bank 5.00% 05/15/2045                           | CUSIP: 13034A6X3<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    250000 | PA      | $271903.85    | 0.47%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | California Infrastructure & Economic Development Bank 5.00% 11/01/2031                           | CUSIP: 13034A7D6<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    215000 | PA      | $243617.60    | 0.42%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DesertXpress Enterprises LLC                                                    | California Infrastructure & Economic Development Bank 12.00% 01/01/2065                          | CUSIP: 13034A7E4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    145000 | PA      | $123250.00    | 0.21%             | 2065-01-01      | Variable      | 12.00%                | No            |                  2 | On Loan: No      |
| CR EPOCA L CMNTYS LP                                                            | California Housing Finance Agency 3.70% 11/01/2037                                               | CUSIP: 13034DAT1<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    250000 | PA      | $255117.45    | 0.44%             | 2037-11-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| 300 DE HARO VENTURE LP                                                          | California Housing Finance Agency 3.25% 06/01/2055                                               | CUSIP: 13034DAW4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    125000 | PA      | $125405.80    | 0.22%             | 2055-06-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| CENTURY WLAVA 4 LP                                                              | California Housing Finance Agency 2.95% 06/01/2046                                               | CUSIP: 13034DBL7<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250307.33    | 0.43%             | 2046-06-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| EQUITABLE SCH REVOLV OBL                                                        | California Infrastructure & Economic Development Bank 5.00% 11/01/2029                           | CUSIP: 13035ADD8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    250000 | PA      | $265879.98    | 0.46%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EQUITABLE SCH REVOLV OBL                                                        | California Infrastructure & Economic Development Bank 5.00% 11/01/2044                           | CUSIP: 13035ADU0<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    325000 | PA      | $333769.83    | 0.58%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIEW AT SAN BRUNO LP                                                            | California Municipal Finance Authority 5.00% 06/01/2056                                          | CUSIP: 130483HC7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31671.85     | 0.05%             | 2056-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| WITMER MANOR CMNTY PARTNE                                                       | California Municipal Finance Authority 4.88% 11/01/2043                                          | CUSIP: 130483HW3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    200000 | PA      | $210325.24    | 0.36%             | 2043-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | California Municipal Finance Authority 4.70% 07/01/2041                                          | CUSIP: 130483HZ6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $261912.80    | 0.45%             | 2041-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| 5435 BALBOA LP                                                                  | California Municipal Finance Authority 3.15% 08/01/2059                                          | CUSIP: 130483JB7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350477.72    | 0.61%             | 2059-08-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                        | Golden State Tobacco Securitization Corp 5.00% 06/01/2051                                        | CUSIP: 38122ND90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $751480.80    | 1.30%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | Antonio B Won Pat International Airport Authority 5.25% 10/01/2035                               | CUSIP: 40064RFR5<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    100000 | PA      | $111443.31    | 0.19%             | 2035-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port Authority of Guam                                                          | Port Authority of Guam 5.00% 07/01/2029                                                          | CUSIP: 400652AF0<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    135000 | PA      | $139936.75    | 0.24%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                            | Guam Power Authority 5.00% 10/01/2030                                                            | CUSIP: 400653KR1<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | GU        |    350000 | PA      | $380139.27    | 0.66%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                            | Guam Government Waterworks Authority 5.25% 07/01/2041                                            | CUSIP: 40065FFD1<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    500000 | PA      | $539773.05    | 0.93%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | Territory of Guam 5.00% 01/01/2028                                                               | CUSIP: 40065NCU9<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    100000 | PA      | $103707.09    | 0.18%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hastings Campus Housing Finance Authority                                       | Hastings Campus Housing Finance Authority 5.00% 07/01/2061                                       | CUSIP: 418338AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $225920.05    | 0.39%             | 2061-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Imperial Irrigation District Electric System Revenue                            | Imperial Irrigation District Electric System Revenue 5.00% 11/01/2046                            | CUSIP: 452650MJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $163084.62    | 0.28%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                            | Independent Cities Finance Authority 4.00% 06/01/2036                                            | CUSIP: 45384PAL9<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |    250000 | PA      | $254961.93    | 0.44%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Independent Cities Finance Authority                                            | Independent Cities Finance Authority 4.00% 06/01/2051                                            | CUSIP: 45384PAP0<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |    150000 | PA      | $142085.72    | 0.25%             | 2051-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lammersville Joint Unified School District                                      | Lammersville Joint Unified School District 5.00% 09/01/2040                                      | CUSIP: 513533JT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $529368.10    | 0.92%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Long Beach CA Marina System Revenue                                     | City of Long Beach CA Marina System Revenue 5.00% 05/15/2037                                     | CUSIP: 542426DN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $284426.70    | 0.49%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Community College District/CA                                       | Los Angeles Community College District/CA 5.00% 08/01/2026                                       | CUSIP: 54438CYX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254609.60    | 0.44%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | City of Los Angeles Department of Airports 5.00% 05/15/2032                                      | CUSIP: 5444452M0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $168378.57    | 0.29%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | City of Los Angeles Department of Airports 5.00% 05/15/2048                                      | CUSIP: 5444456H7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $321457.11    | 0.56%             | 2048-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                    | Los Angeles Department of Water & Power Water System Revenue 5.00% 07/01/2042                    | CUSIP: 5445252P2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $136493.46    | 0.24%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                    | Los Angeles Department of Water & Power Water System Revenue 5.00% 01/01/2030                    | CUSIP: 544525Y93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $269106.68    | 0.47%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                    | Los Angeles Department of Water & Power Water System Revenue 5.00% 07/01/2033                    | CUSIP: 544525Z43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $142681.90    | 0.25%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                    | Los Angeles Department of Water & Power Water System Revenue 5.00% 07/01/2027                    | CUSIP: 544525Z84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $129311.11    | 0.22%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Housing Authority                                                   | Los Angeles Housing Authority 3.75% 04/01/2034                                                   | CUSIP: 544562CP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $120673.01    | 0.21%             | 2034-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VICTORY BOULEVARD HSG                                                           | Los Angeles Housing Authority 3.00% 01/01/2046                                                   | CUSIP: 544562DS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    212000 | PA      | $212101.99    | 0.37%             | 2046-01-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA 5.00% 07/01/2026                         | Los Angeles Unified School District/CA 5.00% 07/01/2026                                          | CUSIP: 5446465P3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $182860.45    | 0.32%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                          | Los Angeles Unified School District/CA 5.00% 07/01/2035                                          | CUSIP: 544647JV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $610568.10    | 1.06%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Public Works Financing Authority                             | Los Angeles County Public Works Financing Authority 5.00% 12/01/2027                             | CUSIP: 54473ERF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250763.63    | 0.43%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Public Works Financing Authority                             | Los Angeles County Public Works Financing Authority 5.50% 12/01/2049                             | CUSIP: 54473EYK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $166319.96    | 0.29%             | 2049-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Los Angeles CA Community Facilities District No 2021-01               | County of Los Angeles CA Community Facilities District No 2021-01 5.00% 09/01/2049               | CUSIP: 54531MBG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $255570.30    | 0.44%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                          | M-S-R Energy Authority 6.50% 11/01/2039                                                          | CUSIP: 55374SAJ9<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |    290000 | PA      | $357130.59    | 0.62%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of Manhattan Beach CA                                                      | City of Manhattan Beach CA 5.00% 07/01/2055                                                      | CUSIP: 562765GJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $701693.88    | 1.22%             | 2055-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Morgan Hill Unified School District                                             | Morgan Hill Unified School District 0.00% 08/01/2026                                             | CUSIP: 617403CL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $73630.16     | 0.13%             | 2026-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Mountain View School District School Facilities Improvement District No 2       | Mountain View School District School Facilities Improvement District No 2 0.00% 07/01/2029       | CUSIP: 62440CAY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $264311.40    | 0.46%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                        | New Hampshire Business Finance Authority 3.81% 07/20/2039                                        | CUSIP: 63607WBB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    396808 | PA      | $392075.55    | 0.68%             | 2039-07-20      | Variable      | 3.81%                 | No            |                  2 | On Loan: No      |
| Northern California Transmission Agency                                         | Northern California Transmission Agency 5.00% 05/01/2033                                         | CUSIP: 664848BT4<br>LEI: 549300Q5SNIPZIW57C52 | Long             | DBT              | MUN               | US        |    450000 | PA      | $454442.31    | 0.79%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ontario Public Financing Authority                                              | Ontario Public Financing Authority 5.00% 08/01/2049                                              | CUSIP: 68304SBV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $207745.92    | 0.36%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Ontario CA Community Facilities District No 64                          | City of Ontario CA Community Facilities District No 64 5.00% 09/01/2039                          | CUSIP: 68305GAL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105793.14    | 0.18%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Community Facilities District                                     | Orange County Community Facilities District 5.50% 08/15/2053                                     | CUSIP: 68423PA91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $444530.20    | 0.77%             | 2053-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Orange County Community Facilities District                                     | Orange County Community Facilities District 5.00% 08/15/2032                                     | CUSIP: 68423PWU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126594.04    | 0.22%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palmdale Water District Public Financing Authority                              | Palmdale Water District Public Financing Authority 5.00% 10/01/2053                              | CUSIP: 69674TCE4<br>LEI: 5493004XR46W14MD7E08 | Long             | DBT              | MUN               | US        |    250000 | PA      | $264119.13    | 0.46%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | Southern California Public Power Authority 5.00% 07/01/2048                                      | CUSIP: 842469BJ6<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104022.92    | 0.18%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | Southern California Public Power Authority 5.25% 07/01/2053                                      | CUSIP: 842469BK3<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |    250000 | PA      | $262926.90    | 0.46%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | Southern California Public Power Authority 3.70% 07/01/2040                                      | CUSIP: 842475R80<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500993.90    | 0.87%             | 2040-07-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | Southern California Public Power Authority 5.00% 07/01/2026                                      | CUSIP: 842477TZ4<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |     80000 | PA      | $80167.27     | 0.14%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Stockton Community Facilities District                                          | Stockton Community Facilities District 5.00% 09/01/2040                                          | CUSIP: 861341TV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104492.32    | 0.18%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-27

**Name of Applicant:** American Century ETF Trust

**Signature:** Amy R. Bitter

**Name of Signer:** Amy R. Bitter

**Title:** Assistant Treasurer