# EDGAR Filing Document

**Accession Number:** 0000847411
**File Stem:** 0001410368-26-040056
**Filing Date:** 2026-4
**Character Count:** 255249
**Document Hash:** 296629abfe5753512adc505bcc7a0446
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-040056.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0001410368-26-040056

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**PERIOD START**: 20261130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MFS INVESTMENT GRADE MUNICIPAL TRUST
- **CENTRAL INDEX KEY:** 0000847411

**ORGANIZATION NAME:**
- **EIN:** 043046360
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05785
- **FILM NUMBER:** 26892037

**BUSINESS ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 24TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 617-954-5000

**MAIL ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 24TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COLONIAL INVESTMENT GRADE MUNICIPAL TRUST
- **DATE OF NAME CHANGE:** 19920703

## Nport-Ex

CXH-Q1

![](imgac15349c1.gif)

**Quarterly Report**

February 28, 2026

MFS<sup>®</sup> Investment Grade Municipal Trust

![](imge67c48922.gif)

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**Portfolio of Investments**

2/28/26 (unaudited)

The Portfolio of Investments is a complete list of all securities owned by your fund. It is categorized by jurisdiction.

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Municipal Bonds – 158.1% | Municipal Bonds – 158.1% | Municipal Bonds – 158.1% |
| Alabama – 3.0% | Alabama – 3.0% | Alabama – 3.0% |
| Black Belt Energy Gas District, AL, Gas Project Rev., "A", 5.25%, 5/01/2056 (Put Date 5/01/2032) | $265000 | &nbsp;&nbsp;&nbsp; $277181 |
| Black Belt Energy Gas District, AL, Gas Project Rev., "C-1", 5.25%, 2/01/2053 (Put Date 6/01/2029) | 750000 | &nbsp;&nbsp;&nbsp; 802556 |
| Black Belt Energy Gas District, AL, Gas Project Rev., "F", 5.5%, 11/01/2053 (Put Date 12/01/2028) | 170000 | &nbsp;&nbsp;&nbsp; 181341 |
| Energy Southeast, AL, Cooperative District Energy Supply Rev., "B", 5%, 9/01/2033  | 375000 | &nbsp;&nbsp;&nbsp; 397324 |
| Jacksonville, AL, Public Educational Building Authority, Higher Education Facilities Rev. (Jacksonville State University <br> Foundation), "A", AGM, 5.5%, 8/01/2058 <br>| 115000 | &nbsp;&nbsp;&nbsp; 119857 |
| Southeast Alabama Energy Authority (Project No. 3), "A-1", 5.5%, 1/01/2053 (Put Date 12/01/2029) | 325000 | &nbsp;&nbsp;&nbsp; 353636 |
|  |  | &nbsp;&nbsp;&nbsp; $2131895 |
| Alaska – 0.9% | Alaska – 0.9% | Alaska – 0.9% |
| Alaska Housing Finance Corp., General Mortgage Rev. II, "C", 5.75%, 12/01/2052  | $270000 | &nbsp;&nbsp;&nbsp; $286525 |
| Alaska Municipal Bond Bank Authority, General Obligation Refunding, "2", 5.25%, 12/01/2045  | 100000 | &nbsp;&nbsp;&nbsp; 105845 |
| Alaska Municipal Bond Bank Authority, General Obligation Refunding, "2", 5.5%, 12/01/2050  | 125000 | &nbsp;&nbsp;&nbsp; 131930 |
| Alaska Railroad Corp., Cruise Port Rev., AGM, 5.5%, 10/01/2054  | 125000 | &nbsp;&nbsp;&nbsp; 130683 |
|  |  | &nbsp;&nbsp;&nbsp; $654983 |
| Arizona – 4.5% | Arizona – 4.5% | Arizona – 4.5% |
| Arizona Industrial Development Authority, Education Rev. (Academies of Math & Science Projects), 5%, 7/01/2038  | $300000 | &nbsp;&nbsp;&nbsp; $307371 |
| Arizona Industrial Development Authority, Education Rev. (Benjamin Franklin Charter School Projects), "A", 5%, 7/01/2043  | 110000 | &nbsp;&nbsp;&nbsp; 109974 |
| Arizona Industrial Development Authority, Student Housing Rev. (Provident Group-NCCU Properties LLC-North Carolina Central <br> University Project), "A", BAM, 5%, 6/01/2049 <br>| 375000 | &nbsp;&nbsp;&nbsp; 379277 |
| Arizona Salt Verde Financial Corp., Senior Gas Rev., 5%, 12/01/2032  | 795000 | &nbsp;&nbsp;&nbsp; 879934 |
| Maricopa County, AZ, Higley Unified School District No. 60, Certificates of Participation, AGM, 4.25%, 6/01/2047  | 95000 | &nbsp;&nbsp;&nbsp; 93704 |
| Maricopa County, AZ, Higley Unified School District No. 60, Certificates of Participation, AGM, 5%, 6/01/2053  | 640000 | &nbsp;&nbsp;&nbsp; 656563 |
| Phoenix, AZ, Industrial Development Authority, Education Facility Rev. (Great Hearts Academies Project), "A", 5%, 7/01/2046  | 80000 | &nbsp;&nbsp;&nbsp; 80007 |
| Phoenix, AZ, Industrial Development Authority, Education Facility Rev. (Legacy Traditional Schools Project), 5%, 7/01/2045 (n) | 80000 | &nbsp;&nbsp;&nbsp; 79289 |
| Phoenix, AZ, Industrial Development Authority, Hotel Rev. (Provident Group - Falcon Properties LLC Project), "A", 4%, <br> 12/01/2051 (n)<br>| 300000 | &nbsp;&nbsp;&nbsp; 179853 |
| Phoenix, AZ, Industrial Development Authority, Hotel Rev. (Provident Group - Falcon Properties LLC Project), "B", 5.75%, <br> 12/15/2057 (n)<br>| 100000 | &nbsp;&nbsp;&nbsp; 69429 |
| Pima County, AZ, Industrial Development Authority, Education Facility Rev. (American Leadership Academy Project), 4%, <br> 6/15/2051 (n)<br>| 120000 | &nbsp;&nbsp;&nbsp; 91886 |
| Pima County, AZ, Industrial Development Authority, Senior Living Rev. (La Posada at Pusch Ridge Project), "A", 7%, <br> 11/15/2057 (n)<br>| 140000 | &nbsp;&nbsp;&nbsp; 149958 |
| Sierra Vista, AZ, Industrial Development Authority, Education Facility Rev. (American Leadership Academy Project), 5.75%, <br> 6/15/2058 <br>| 150000 | &nbsp;&nbsp;&nbsp; 146252 |
|  |  | &nbsp;&nbsp;&nbsp; $3223497 |
| Arkansas – 0.8% | Arkansas – 0.8% | Arkansas – 0.8% |
| Pulaski County, AR, Hospital Rev. (Arkansas Children's Hospital), 5.25%, 3/01/2053  | $435000 | &nbsp;&nbsp;&nbsp; $455330 |
| Pulaski County, AR, Public Facilities Board, Healthcare Rev. (Baptist Health), 5%, 12/01/2042  | 120000 | &nbsp;&nbsp;&nbsp; 120108 |
|  |  | &nbsp;&nbsp;&nbsp; $575438 |
| California – 8.7% | California – 8.7% | California – 8.7% |
| Burbank, Glendale & Pasadena, CA, Airport Authority Rev., "B", 4.25%, 7/01/2043 (u) | $455000 | &nbsp;&nbsp;&nbsp; $461915 |
| Burbank, Glendale & Pasadena, CA, Airport Authority Rev., "B", 4.5%, 7/01/2054 (u) | 850000 | &nbsp;&nbsp;&nbsp; 839593 |
| California Community Choice Financing Authority, Clean Energy Project Rev. (Green Bonds), "B", 5%, 3/01/2036  | 100000 | &nbsp;&nbsp;&nbsp; 108975 |
| California Community Choice Financing Authority, Clean Energy Project Rev. (Green Bonds), "B", 5%, <br> 3/01/2056 (Put Date 11/01/2035)<br>| 305000 | &nbsp;&nbsp;&nbsp; 338782 |
| California Community Choice Financing Authority, Clean Energy Project Rev. (Green Bonds), "C", 5.25%, <br> 1/01/2054 (Put Date 10/01/2031)<br>| 735000 | &nbsp;&nbsp;&nbsp; 789892 |
| California Community Choice Financing Authority, Clean Energy Project Rev. (Green Bonds), "C", 5%, <br> 8/01/2055 (Put Date 10/01/2032)<br>| 160000 | &nbsp;&nbsp;&nbsp; 173098 |
| California Housing Finance Agency Municipal Certificates, "A", 4.375%, 9/20/2036  | 471379 | &nbsp;&nbsp;&nbsp; 500962 |
| California Housing Finance Agency Municipal Certificates, "X", 0.799%, 11/20/2035 (i) | 1707603 | &nbsp;&nbsp;&nbsp; 69083 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Municipal Bonds – continued | Municipal Bonds – continued | Municipal Bonds – continued |
| California – continued | California – continued | California – continued |
| California Municipal Finance Authority, COP (Palomar Health), "A", AGM, 5.25%, 11/01/2052  | $95000 | &nbsp;&nbsp;&nbsp; $96846 |
| California Municipal Special Finance Agency, Essential Housing Rev. (Solana at Grand), "A-1", 4%, 8/01/2056 (n) | 100000 | &nbsp;&nbsp;&nbsp; 87684 |
| California School Finance Authority, Charter School Rev. (Aspire Public Schools - Obligated Group - Issue No. 6), "A", 5%, <br> 8/01/2052 (n)<br>| 235000 | &nbsp;&nbsp;&nbsp; 225879 |
| California School Finance Authority, School Facility Rev. (Alliance for College-Ready Public Schools Projects), "A", 5%, <br> 7/01/2045 (n)<br>| 100000 | &nbsp;&nbsp;&nbsp; 100015 |
| California Statewide Communities Development Authority Rev. (Enloe Medical Center), "A", AGM, 5.375%, 8/15/2057  | 130000 | &nbsp;&nbsp;&nbsp; 133779 |
| California Statewide Communities Development Authority Rev. (Loma Linda University Medical Center), "A", 5%, 12/01/2041 (n) | 365000 | &nbsp;&nbsp;&nbsp; 365941 |
| California Statewide Communities Development Authority Rev. (Loma Linda University Medical Center), "A", 5.25%, 12/01/2044  | 245000 | &nbsp;&nbsp;&nbsp; 245325 |
| California Statewide Communities Development Authority Rev. (Loma Linda University Medical Center), "A", 5%, 12/01/2046 (n) | 120000 | &nbsp;&nbsp;&nbsp; 120090 |
| California Statewide Communities Development Authority Rev. (Loma Linda University Medical Center), "A", 5.25%, <br> 12/01/2056 (n)<br>| 250000 | &nbsp;&nbsp;&nbsp; 250128 |
| California Statewide Communities Development Authority, College Housing Rev. (NCCD-Hooper Street LLC College of the Arts <br> Project), 5.25%, 7/01/2049 (n)<br>| 100000 | &nbsp;&nbsp;&nbsp; 100396 |
| Indio, CA, Public Financing Authority Lease Rev., "A", BAM, 4.5%, 11/01/2052  | 125000 | &nbsp;&nbsp;&nbsp; 126805 |
| Mount San Antonio, CA, Community College District Rev. (Election of 2008), "A", 5.875%, 8/01/2028  | 140000 | &nbsp;&nbsp;&nbsp; 149455 |
| River Islands, CA, Public Finance Authority Improvement Area No. 1, Community Facilities District No. 2003-1, "A-1", AGM, <br> 5.25%, 9/01/2052 <br>| 205000 | &nbsp;&nbsp;&nbsp; 217440 |
| State of California, Veterans General Obligation, "CU", 4.85%, 12/01/2046  | 255000 | &nbsp;&nbsp;&nbsp; 266339 |
| University of California, Hastings Campus Housing Finance Authority, Campus Housing Rev., "A", 5%, 7/01/2061 (n) | 325000 | &nbsp;&nbsp;&nbsp; 300619 |
| University of California, Hastings Campus Housing Finance Authority, Campus Housing Rev., Convertible Capital Appreciation, <br> "B", 0% to 7/01/2035, 6.75% to 7/01/2061 (n)<br>| 330000 | &nbsp;&nbsp;&nbsp; 169130 |
|  |  | &nbsp;&nbsp;&nbsp; $6238171 |
| Colorado – 4.7% | Colorado – 4.7% | Colorado – 4.7% |
| Adams & Arapahoe Counties, CO, Joint School District No. 28J, Certificates of Participation, BAM, 5.5%, 12/01/2054  | $145000 | &nbsp;&nbsp;&nbsp; $156285 |
| Aurora, CO, Science & Technology Park Metropolitan District No. 1, Special Rev., "A", AGM, 5%, 12/01/2054  | 80000 | &nbsp;&nbsp;&nbsp; 80994 |
| Aurora, CO, Science & Technology Park Metropolitan District No. 1, Special Rev., "B", AGM, 4.75%, 12/15/2054  | 185000 | &nbsp;&nbsp;&nbsp; 185469 |
| Broomfield, CO, Midcities Metropolitan District No. 2, Special Rev., AGM, 4%, 12/01/2046  | 349000 | &nbsp;&nbsp;&nbsp; 332164 |
| Colorado Educational & Cultural Facilities Authority Rev. (Classical Academy Project), "A", 5%, 12/01/2038  | 75000 | &nbsp;&nbsp;&nbsp; 75060 |
| Colorado Educational & Cultural Facilities Authority Rev. (Twin Peaks Charter Academy Project), 5%, 11/15/2031  | 145000 | &nbsp;&nbsp;&nbsp; 145711 |
| Colorado Health Facilities Authority Rev. (CommonSpirit Health), "A", 5.25%, 11/01/2052  | 365000 | &nbsp;&nbsp;&nbsp; 379714 |
| Colorado Health Facilities Authority Rev. (CommonSpirit Health), "A-2", 4%, 8/01/2049  | 80000 | &nbsp;&nbsp;&nbsp; 71114 |
| Colorado Health Facilities Authority Rev. (Covenant Living Communities & Services), "A", 5.125%, 12/01/2055  | 115000 | &nbsp;&nbsp;&nbsp; 114526 |
| Denver, CO, City & County Airport System Rev., "A", 4.125%, 11/15/2047  | 80000 | &nbsp;&nbsp;&nbsp; 75245 |
| Denver, CO, City & County Airport System Rev., "A", 4.125%, 11/15/2053  | 80000 | &nbsp;&nbsp;&nbsp; 72291 |
| Denver, CO, City & County Housing Authority, Multi-Family Housing Rev. (4965 Washington Street Project), "A", 5%, 12/01/2045  | 15000 | &nbsp;&nbsp;&nbsp; 15500 |
| Denver, CO, Convention Center Hotel Authority Rev., 5%, 12/01/2040  | 120000 | &nbsp;&nbsp;&nbsp; 120674 |
| Denver, CO, Health & Hospital Authority Rev., "A", 4%, 12/01/2040  | 425000 | &nbsp;&nbsp;&nbsp; 407546 |
| Denver, CO, Health & Hospital Authority Rev., "A", 5.25%, 12/01/2045  | 95000 | &nbsp;&nbsp;&nbsp; 95045 |
| Denver, CO, Health & Hospital Authority Rev., "A", 6%, 12/01/2055  | 120000 | &nbsp;&nbsp;&nbsp; 129269 |
| Denver, CO, Multi-Family Housing Authority Rev. (FLO Senior Apartment Project), "A", 4.5%, 7/01/2041  | 290000 | &nbsp;&nbsp;&nbsp; 298515 |
| Gunnison County, CO, Housing Authority, General Rev. (Whetstone Housing Project), BAM, 5.25%, 6/01/2059  | 105000 | &nbsp;&nbsp;&nbsp; 108801 |
| Loveland, CO, Lakes at Centerra Metropolitan District No. 2, General Obligation., "A", AGM, 5%, 12/01/2049  | 500000 | &nbsp;&nbsp;&nbsp; 511120 |
|  |  | &nbsp;&nbsp;&nbsp; $3375043 |
| Connecticut – 1.6% | Connecticut – 1.6% | Connecticut – 1.6% |
| Connecticut Health & Educational Facilities Authority Rev. (Masonicare), "F", 5%, 7/01/2037  | $675000 | &nbsp;&nbsp;&nbsp; $677145 |
| Connecticut Mohegan Tribal Finance Authority, Economic Development, 7%, 2/01/2045 (n) | 255000 | &nbsp;&nbsp;&nbsp; 257057 |
| Stamford, CT, Housing Authority Rev. (Mozaic Concierge Living Project), "C", 4.75%, 10/01/2032  | 210000 | &nbsp;&nbsp;&nbsp; 221377 |
|  |  | &nbsp;&nbsp;&nbsp; $1155579 |
| District of Columbia – 2.8% | District of Columbia – 2.8% | District of Columbia – 2.8% |
| District of Columbia Refunding Rev. (Catholic University of America), "A", 5.75%, 10/01/2055  | $100000 | &nbsp;&nbsp;&nbsp; $106750 |
| Metropolitan Washington, D.C., Airports Authority System Refunding Rev., "A", 5.5%, 10/01/2044  | 135000 | &nbsp;&nbsp;&nbsp; 151409 |
| Metropolitan Washington, D.C., Airports Authority System Refunding Rev., "A", 4.5%, 10/01/2053  | 290000 | &nbsp;&nbsp;&nbsp; 277449 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Municipal Bonds – continued | Municipal Bonds – continued | Municipal Bonds – continued |
| District of Columbia – continued | District of Columbia – continued | District of Columbia – continued |
| Metropolitan Washington, D.C., Airports Authority System Refunding Rev., "A", 5.5%, 10/01/2054 (u) | $1355000 | &nbsp;&nbsp;&nbsp; $1430724 |
|  |  | &nbsp;&nbsp;&nbsp; $1966332 |
| Florida – 9.8% | Florida – 9.8% | Florida – 9.8% |
| Bellalago, FL, Educational Facilities Benefit District Capital Improvement Refunding Rev., 4.375%, 5/01/2030  | $80000 | &nbsp;&nbsp;&nbsp; $80085 |
| Collier County, FL, Industrial Development Authority, Healthcare Facilities Rev. (NCH Healthcare System Projects), "A", AGM, 5%, <br> 10/01/2054 <br>| 90000 | &nbsp;&nbsp;&nbsp; 92305 |
| Florida Development Finance Corp. Rev. (Brightline Florida Passenger Rail Project), AGM, 5.25%, 7/01/2053  | 500000 | &nbsp;&nbsp;&nbsp; 497521 |
| Florida Development Finance Corp., Educational Facilities Rev. (Drs. Kiran & Pallavi Patel 2017 Foundation for Global <br> Understanding, Inc. Project), "A", 4%, 7/01/2051 (n)<br>| 100000 | &nbsp;&nbsp;&nbsp; 84153 |
| Florida Development Finance Corp., Senior Living Rev. (Glenridge on Palmer Ranch Project), 5%, 6/01/2051 (n) | 200000 | &nbsp;&nbsp;&nbsp; 186646 |
| Florida Development Finance Corp., Senior Living Rev. (Mayflower Retirement Community Project), "A", 4%, 6/01/2055 (n) | 165000 | &nbsp;&nbsp;&nbsp; 123521 |
| Florida Development Finance Corp., Solid Waste Disposal Rev. (GFL Solid Waste Southeast LLC Project), "A", 4.375%, <br> 10/01/2054 (Put Date 10/01/2031)<br>| 250000 | &nbsp;&nbsp;&nbsp; 253787 |
| Florida Higher Educational Facilities Financing Authority Rev. (Jacksonville University Project), "A", 5%, 6/01/2048 (n) | 100000 | &nbsp;&nbsp;&nbsp; 90287 |
| Florida Pompano Beach Rev. (John Knox Village Project), "A", 4%, 9/01/2056  | 170000 | &nbsp;&nbsp;&nbsp; 138655 |
| Greater Orlando, FL, Aviation Authority, Airport Facilities Rev., 5.25%, 10/01/2048  | 475000 | &nbsp;&nbsp;&nbsp; 500827 |
| Hillsborough County, FL, Industrial Development Authority, Hospital Rev. (Tampa General Hospital Project), "A", 4%, 8/01/2050  | 1000000 | &nbsp;&nbsp;&nbsp; 867624 |
| Lee County, FL, Airport Rev., 5.5%, 10/01/2056 (w) | 110000 | &nbsp;&nbsp;&nbsp; 117983 |
| Lee County, FL, Airport Rev., AGM, 5.25%, 10/01/2054  | 85000 | &nbsp;&nbsp;&nbsp; 88772 |
| Lee County, FL, Industrial Development Authority, Healthcare Facilities Rev. (Shell Point Obligated Group), 5%, 11/15/2044  | 100000 | &nbsp;&nbsp;&nbsp; 101625 |
| Lee County, FL, Industrial Development Authority, Healthcare Facilities Rev. (Shell Point Obligated Group), 5%, 11/15/2049  | 160000 | &nbsp;&nbsp;&nbsp; 159415 |
| Lee County, FL, Industrial Development Authority, Healthcare Facilities Rev. (Shell Point Obligated Group), "C", 5%, 11/15/2054  | 295000 | &nbsp;&nbsp;&nbsp; 288903 |
| Miami Beach, FL, Health Facilities Authority, Hospital Rev. (Mount Sinai Medical Center of Florida), "B", 4%, 11/15/2051  | 440000 | &nbsp;&nbsp;&nbsp; 383561 |
| Miami-Dade County, FL, Aviation Rev., "A", 5.5%, 10/01/2055  | 260000 | &nbsp;&nbsp;&nbsp; 273777 |
| Orange County, FL, Health Facilities Authority Rev. (Presbyterian Retirement Communities Obligated Group Project), "A", 4%, <br> 8/01/2047 <br>| 580000 | &nbsp;&nbsp;&nbsp; 512677 |
| Orange County, FL, Health Facilities Authority, Hospital Rev. (Orlando Health Obligated Group), "A", 5.25%, 10/01/2056  | 240000 | &nbsp;&nbsp;&nbsp; 251576 |
| Osceola County, FL, Transportation Improvement & Refunding Rev. (Osceola Parkway), Capital Appreciation, "A-2", 0%, <br> 10/01/2037 <br>| 105000 | &nbsp;&nbsp;&nbsp; 67201 |
| Osceola County, FL, Transportation Improvement & Refunding Rev. (Osceola Parkway), Capital Appreciation, "A-2", 0%, <br> 10/01/2042 <br>| 175000 | &nbsp;&nbsp;&nbsp; 83132 |
| Palm Beach County, FL, Educational Facilities Authority Rev. (Palm Beach Atlantic University, Inc.), 5.25%, 10/01/2053  | 120000 | &nbsp;&nbsp;&nbsp; 119893 |
| Palm Beach County, FL, Health Facilities Authority Rev. (Acts Retirement-Life Communities, Inc. Obligated Group), 5%, <br> 11/15/2055 <br>| 215000 | &nbsp;&nbsp;&nbsp; 215126 |
| Palm Beach County, FL, Health Facilities Authority Rev. (Toby & Leon Cooperman Sinai Residences of Boca Raton), 4.25%, <br> 6/01/2056 <br>| 130000 | &nbsp;&nbsp;&nbsp; 107595 |
| Pasco County, FL, Capital Improvement Cigarette Tax Allocation, "A", AGM, 5.75%, 9/01/2054  | 390000 | &nbsp;&nbsp;&nbsp; 422222 |
| Pasco County, FL, Del Webb Bexley Community Development District, Special Assessment Rev., 5.4%, 5/01/2049  | 100000 | &nbsp;&nbsp;&nbsp; 101436 |
| Pasco County, FL, Solid Waste Disposal & Resource Recovery System Rev., "A", 5.25%, 10/01/2056  | 200000 | &nbsp;&nbsp;&nbsp; 208324 |
| South Miami, FL, Health Facilities Authority, Hospital Refunding Rev. (Baptist Health South Florida Obligated Group), 4%, <br> 8/15/2047 <br>| 355000 | &nbsp;&nbsp;&nbsp; 323276 |
| Tampa, FL (University of Tampa Project), 5%, 4/01/2040  | 85000 | &nbsp;&nbsp;&nbsp; 85108 |
| Venice, FL, Retirement Community Improvement Rev. (Village on the Isle Project), "A", 5.625%, 1/01/2060  | 100000 | &nbsp;&nbsp;&nbsp; 100412 |
| Wildwood, FL, Special Assessment Rev. (Village Community Development District No. 15), 5.25%, 5/01/2054  | 100000 | &nbsp;&nbsp;&nbsp; 100692 |
|  |  | &nbsp;&nbsp;&nbsp; $7028117 |
| Georgia – 3.6% | Georgia – 3.6% | Georgia – 3.6% |
| Atlanta, GA, Development Authority Rev. (Gulch Enterprise Zone Project), Convertible Capital Appreciation, "A-1", 0% to <br> 6/15/2028, 6.5% to 12/15/2048 <br>| $117000 | &nbsp;&nbsp;&nbsp; $106555 |
| Atlanta, GA, Development Authority Rev. (Westside Gulch Area Project), "A-2", 5.5%, 4/01/2039 (n) | 110000 | &nbsp;&nbsp;&nbsp; 115221 |
| Atlanta, GA, Geo. L. Smith II World Congress Center Authority, Convention Center Hotel Rev., "B", 5%, 1/01/2054 (n) | 100000 | &nbsp;&nbsp;&nbsp; 96268 |
| Georgia Main Street Natural Gas, Inc., Gas Project Rev., "A", 5.5%, 9/15/2026  | 120000 | &nbsp;&nbsp;&nbsp; 121613 |
| Georgia Main Street Natural Gas, Inc., Gas Project Rev., "A", 5.5%, 9/15/2028  | 250000 | &nbsp;&nbsp;&nbsp; 265489 |
| Georgia Main Street Natural Gas, Inc., Gas Supply Rev., "A", 5%, 5/15/2043  | 75000 | &nbsp;&nbsp;&nbsp; 76820 |
| Georgia Main Street Natural Gas, Inc., Gas Supply Rev., "C", 5%, 9/01/2053 (Put Date 9/01/2030) | 390000 | &nbsp;&nbsp;&nbsp; 421042 |
| Georgia Municipal Electric Authority (Plant Vogtle Units 3 & 4 Project J), "A", AGM, 5%, 7/01/2064  | 245000 | &nbsp;&nbsp;&nbsp; 248453 |
| Georgia Municipal Electric Authority (Plant Vogtle Units 3 & 4 Project P), "A", 5.5%, 7/01/2064  | 130000 | &nbsp;&nbsp;&nbsp; 134741 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Municipal Bonds – continued | Municipal Bonds – continued | Municipal Bonds – continued |
| Georgia – continued | Georgia – continued | Georgia – continued |
| Georgia Ports Authority Rev., 4%, 7/01/2052  | $145000 | &nbsp;&nbsp;&nbsp; $136984 |
| Georgia Private Colleges & Universities Authority Rev. (Mercer University Project), 5.25%, 10/01/2051  | 560000 | &nbsp;&nbsp;&nbsp; 582966 |
| Savannah, GA, Convention Center Authority Rev. (Convention Center Hotel First Tier), "A", 5.25%, 6/01/2061  | 100000 | &nbsp;&nbsp;&nbsp; 100253 |
| Savannah, GA, Convention Center Authority Rev. (Convention Center Hotel Second Tier), "B", 6.25%, 6/01/2061  | 165000 | &nbsp;&nbsp;&nbsp; 166200 |
|  |  | &nbsp;&nbsp;&nbsp; $2572605 |
| Hawaii – 0.2% | Hawaii – 0.2% | Hawaii – 0.2% |
| Hawaii Airports System Rev., "A", 5.5%, 7/01/2054  | $135000 | &nbsp;&nbsp;&nbsp; $144577 |
| Illinois – 10.0% | Illinois – 10.0% | Illinois – 10.0% |
| Bridgeview, IL, Stadium & Redevelopment Projects, Taxable, AAC, 5.14%, 12/01/2036  | $360000 | &nbsp;&nbsp;&nbsp; $342871 |
| Chicago, IL, Board of Education, Dedicated Capital Improvement, 5%, 4/01/2045  | 85000 | &nbsp;&nbsp;&nbsp; 87594 |
| Chicago, IL, Board of Education, Dedicated Capital Improvement, 5%, 4/01/2046  | 100000 | &nbsp;&nbsp;&nbsp; 99852 |
| Chicago, IL, Board of Education, Dedicated Capital Improvement, 6%, 4/01/2046  | 555000 | &nbsp;&nbsp;&nbsp; 562306 |
| Chicago, IL, Board of Education, Dedicated Capital Improvement, 5.75%, 4/01/2048  | 175000 | &nbsp;&nbsp;&nbsp; 186265 |
| Chicago, IL, Board of Education, Unlimited Tax General Obligation Refunding Dedicated Rev., "A", 5%, 12/01/2042  | 100000 | &nbsp;&nbsp;&nbsp; 99629 |
| Chicago, IL, Board of Education, Unlimited Tax General Obligation Refunding Dedicated Rev., "B", 4%, 12/01/2039  | 100000 | &nbsp;&nbsp;&nbsp; 93659 |
| Chicago, IL, Board of Education, Unlimited Tax General Obligation Refunding Dedicated Rev., "B", 4%, 12/01/2041  | 230000 | &nbsp;&nbsp;&nbsp; 211137 |
| Chicago, IL, Board of Education, Unlimited Tax General Obligation Refunding Dedicated Rev., "H", 5%, 12/01/2046  | 180000 | &nbsp;&nbsp;&nbsp; 170976 |
| Chicago, IL, General Obligation, "A", 5%, 1/01/2044  | 210000 | &nbsp;&nbsp;&nbsp; 210679 |
| Chicago, IL, General Obligation, "A", BAM, 6%, 1/01/2046  | 405000 | &nbsp;&nbsp;&nbsp; 446657 |
| Chicago, IL, Metropolitan Pier & Exposition Authority Refunding Rev. (McCormick Place Expansion Project), Capital <br> Appreciation, "A", AGM, 0%, 12/15/2056 <br>| 220000 | &nbsp;&nbsp;&nbsp; 51224 |
| Chicago, IL, O'Hare International Airport Rev., Senior Lien, "A", 5%, 1/01/2048  | 140000 | &nbsp;&nbsp;&nbsp; 141279 |
| Chicago, IL, O'Hare International Airport Rev., Senior Lien, "A", 5%, 1/01/2053  | 75000 | &nbsp;&nbsp;&nbsp; 75400 |
| Chicago, IL, O'Hare International Airport Rev., Senior Lien, "A", 5.5%, 1/01/2055  | 560000 | &nbsp;&nbsp;&nbsp; 581405 |
| Cook County, IL, Community College District No. 508, Unlimited Tax General Obligation Dedicated Rev. (City Colleges), BAM, <br> 5%, 12/01/2047 <br>| 455000 | &nbsp;&nbsp;&nbsp; 459504 |
| Illinois Finance Authority Rev. (Lake Forest College), "A", 5.25%, 10/01/2052  | 280000 | &nbsp;&nbsp;&nbsp; 277859 |
| Illinois Finance Authority Rev. (Moorings of Arlington Heights), "A", 5.375%, 11/01/2055  | 100000 | &nbsp;&nbsp;&nbsp; 101281 |
| Illinois Finance Authority Rev. (Plymouth Place, Inc.), "A", 6.75%, 5/15/2058  | 250000 | &nbsp;&nbsp;&nbsp; 263375 |
| Illinois Finance Authority, Health Services Facility Lease Rev. (Provident Group - UIC Surgery Center LLC - University of Illinois <br> Health Services Facility Project), 4%, 10/01/2050 <br>| 230000 | &nbsp;&nbsp;&nbsp; 200631 |
| Illinois Housing Development Authority Rev., "A", GNMA, 4.9%, 4/01/2047  | 465000 | &nbsp;&nbsp;&nbsp; 474568 |
| Lincolnshire, IL, Special Service Area No. 1 (Sedgebrook Project), 6.25%, 3/01/2034  | 100000 | &nbsp;&nbsp;&nbsp; 100184 |
| Romeoville, IL, Rev. (Lewis University Project), "A", 5%, 10/01/2042  | 130000 | &nbsp;&nbsp;&nbsp; 130000 |
| St. Clair County, IL, Cahokia Community Unit School District No. 187, General Obligation, "B", AGM, 5%, 1/01/2044  | 175000 | &nbsp;&nbsp;&nbsp; 183704 |
| State of Illinois, General Obligation, 5.5%, 5/01/2039  | 495000 | &nbsp;&nbsp;&nbsp; 535417 |
| State of Illinois, General Obligation, 5.75%, 5/01/2045  | 475000 | &nbsp;&nbsp;&nbsp; 504390 |
| State of Illinois, General Obligation, "A", 5.5%, 3/01/2047  | 560000 | &nbsp;&nbsp;&nbsp; 592074 |
|  |  | &nbsp;&nbsp;&nbsp; $7183920 |
| Indiana – 2.9% | Indiana – 2.9% | Indiana – 2.9% |
| Fishers, IN, Town Hall Building Corp., Lease Rental Rev., "A", BAM, 5.75%, 1/15/2063  | $350000 | &nbsp;&nbsp;&nbsp; $386885 |
| Indiana Finance Authority, Educational Facilities Rev. (Rose-Hulman Institute of Technology Project), 5.75%, 6/01/2053  | 145000 | &nbsp;&nbsp;&nbsp; 154883 |
| Indiana Finance Authority, Environmental Refunding Rev. (Duke Energy Indiana, Inc. Project), "A-2", 4.5%, <br> 5/01/2035 (Put Date 6/01/2032)<br>| 425000 | &nbsp;&nbsp;&nbsp; 430787 |
| Indiana Finance Authority, Health Facilities Rev. (Baptist Healthcare System Obligated Group), 5%, 8/15/2051  | 295000 | &nbsp;&nbsp;&nbsp; 297301 |
| Indiana Finance Authority, Hospital Rev. (Reid Health), AGM, 5%, 1/01/2052  | 495000 | &nbsp;&nbsp;&nbsp; 503522 |
| Indiana Finance Authority, Student Housing Rev. (CHF - Tippecanoe LLC - Student Housing Project), "A", 5.375%, 6/01/2064  | 120000 | &nbsp;&nbsp;&nbsp; 121434 |
| Indianapolis, IN, Local Public Improvement Bond Bank Rev. (Convention Center Hotel), "F-1", BAM, 5.25%, 3/01/2067  | 180000 | &nbsp;&nbsp;&nbsp; 188084 |
|  |  | &nbsp;&nbsp;&nbsp; $2082896 |
| Iowa – 0.2% | Iowa – 0.2% | Iowa – 0.2% |
| Iowa Student Loan Liquidity Corp. Rev., "C", 3.5%, 12/01/2044  | $170000 | &nbsp;&nbsp;&nbsp; $139501 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Municipal Bonds – continued | Municipal Bonds – continued | Municipal Bonds – continued |
| Kansas – 0.4% | Kansas – 0.4% | Kansas – 0.4% |
| Wichita, KS, Health Care Facilities Rev. (Presbyterian Manors, Inc.), "I", 5%, 5/15/2038  | $100000 | &nbsp;&nbsp;&nbsp; $100399 |
| Wyandotte County/Kansas City, KS, Unified Government Utility System Improvement Rev., "A", 5%, 9/01/2044  | 195000 | &nbsp;&nbsp;&nbsp; 195099 |
|  |  | &nbsp;&nbsp;&nbsp; $295498 |
| Kentucky – 0.7% | Kentucky – 0.7% | Kentucky – 0.7% |
| Kentucky Economic Development Finance Authority, Hospital Rev. (Baptist Healthcare System), "B", 5%, 8/15/2041  | $230000 | &nbsp;&nbsp;&nbsp; $234917 |
| Kentucky Higher Education Student Loan Corp. Rev., "B-1", 5%, 6/01/2036  | 250000 | &nbsp;&nbsp;&nbsp; 261790 |
|  |  | &nbsp;&nbsp;&nbsp; $496707 |
| Louisiana – 1.8% | Louisiana – 1.8% | Louisiana – 1.8% |
| Louisiana Local Government, Environmental Facilities & Community Development Authority, Healthcare Refunding Rev. (St. <br> James Place of Baton Rouge Project), "A", 6.25%, 11/15/2045 <br>| $240000 | &nbsp;&nbsp;&nbsp; $240035 |
| Louisiana Public Facilities Authority Rev. (I-10 Calcasieu River Bridge Public-Private Partnership Project), 5.75%, 9/01/2064  | 120000 | &nbsp;&nbsp;&nbsp; 124865 |
| Louisiana Public Facilities Authority Rev. (Loyola University Project), 5.25%, 10/01/2046  | 450000 | &nbsp;&nbsp;&nbsp; 455401 |
| Louisiana Public Facilities Authority Rev. (Provident Group - HSC Properties, Inc., LSU Health Foundation, New Orleans Project), <br> "A-1", 5.1%, 1/01/2057 (n)<br>| 445000 | &nbsp;&nbsp;&nbsp; 336855 |
| Port of New Orleans, LA, Board of Commissioners, Port Facility Rev., "B", AGM, 5.5%, 4/01/2054  | 100000 | &nbsp;&nbsp;&nbsp; 105634 |
|  |  | &nbsp;&nbsp;&nbsp; $1262790 |
| Maine – 1.2% | Maine – 1.2% | Maine – 1.2% |
| Maine Finance Authority, Solid Waste Disposal Rev. (Casella Waste Systems, Inc. Project), 4.625%, <br> 12/01/2047 (Put Date 6/01/2035)<br>| $100000 | &nbsp;&nbsp;&nbsp; $104507 |
| Maine Finance Authority, Student Loan Rev. (Supplemental Education Loan Program), "A", AGM, 5%, 12/01/2045  | 365000 | &nbsp;&nbsp;&nbsp; 374681 |
| Maine Health & Higher Educational Facilities Authority Rev., "A", AGM, 4.375%, 7/01/2053  | 375000 | &nbsp;&nbsp;&nbsp; 367302 |
|  |  | &nbsp;&nbsp;&nbsp; $846490 |
| Maryland – 0.8% | Maryland – 0.8% | Maryland – 0.8% |
| Maryland Health & Higher Educational Facilities Authority Rev. (Doctors Community Hospital), "A", 5%, 7/01/2038  | $280000 | &nbsp;&nbsp;&nbsp; $284370 |
| Maryland Health & Higher Educational Facilities Authority Rev. (Kennedy Krieger Institute, Inc.), "A", 5.5%, 7/01/2056  | 115000 | &nbsp;&nbsp;&nbsp; 119895 |
| Maryland Stadium Authority, Baltimore City Public Schools Construction & Revitalization Program Rev., Capital Appreciation, <br> "C", 0%, 5/01/2053 <br>| 630000 | &nbsp;&nbsp;&nbsp; 172237 |
|  |  | &nbsp;&nbsp;&nbsp; $576502 |
| Massachusetts – 1.4% | Massachusetts – 1.4% | Massachusetts – 1.4% |
| Massachusetts Development Finance Agency Rev. (Boston Medical Center), "G", 4.375%, 7/01/2052  | $145000 | &nbsp;&nbsp;&nbsp; $131554 |
| Massachusetts Development Finance Agency Rev. (Middlesex Sustainable Energy Partners), 6%, 10/01/2049  | 100000 | &nbsp;&nbsp;&nbsp; 108160 |
| Massachusetts Development Finance Agency Rev. (Newbridge on the Charles, Inc.), 5%, 10/01/2057 (n) | 100000 | &nbsp;&nbsp;&nbsp; 97759 |
| Massachusetts Development Finance Agency Rev. (Tufts University Student Housing Project - PRG Medford Properties, Inc.), <br> 5.25%, 6/01/2065 <br>| 100000 | &nbsp;&nbsp;&nbsp; 104577 |
| Massachusetts Development Finance Agency Rev. (UMass Memorial Health Care Obligated Group), "K", 5%, 7/01/2038  | 80000 | &nbsp;&nbsp;&nbsp; 80883 |
| Massachusetts Educational Financing Authority, Education Loan Rev., "C", 3%, 7/01/2051  | 80000 | &nbsp;&nbsp;&nbsp; 54881 |
| Massachusetts Educational Financing Authority, Education Loan Rev., "C", 4.125%, 7/01/2052  | 250000 | &nbsp;&nbsp;&nbsp; 210378 |
| Massachusetts Educational Financing Authority, Education Loan Rev., "D", 5%, 7/01/2054  | 130000 | &nbsp;&nbsp;&nbsp; 126394 |
| Tisbury, MA, General Obligation, Municipal Purpose Loan, Unlimited Tax, 3%, 8/15/2047  | 145000 | &nbsp;&nbsp;&nbsp; 115882 |
|  |  | &nbsp;&nbsp;&nbsp; $1030468 |
| Michigan – 4.5% | Michigan – 4.5% | Michigan – 4.5% |
| Board of Regents of Eastern Michigan University, General Rev., "A", 4%, 3/01/2047  | $240000 | &nbsp;&nbsp;&nbsp; $214716 |
| Grand Rapids, MI, Economic Development Corp., Limited Obligation Rev. (Beacon Hill at Eastgate Project), "A", 6.125%, <br> 11/01/2060 <br>| 185000 | &nbsp;&nbsp;&nbsp; 186470 |
| Michigan Finance Authority, Hospital Rev. (Henry Ford Health System), 3.25%, 11/15/2042  | 570000 | &nbsp;&nbsp;&nbsp; 499692 |
| Michigan Housing Development Authority, Rental Housing Rev., "A", 4.75%, 10/01/2059  | 455000 | &nbsp;&nbsp;&nbsp; 458325 |
| Michigan Technological University Board of Trustees, General Rev., "A", AGM, 5.25%, 10/01/2052  | 1675000 | &nbsp;&nbsp;&nbsp; 1740436 |
| Wayne County, MI, Airport Authority Rev. (Detroit Metropolitan Wayne County Airport), "B", 5.75%, 12/01/2050  | 100000 | &nbsp;&nbsp;&nbsp; 109448 |
|  |  | &nbsp;&nbsp;&nbsp; $3209087 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Municipal Bonds – continued | Municipal Bonds – continued | Municipal Bonds – continued |
| Minnesota – 0.5% | Minnesota – 0.5% | Minnesota – 0.5% |
| Duluth, MN, Economic Development Authority, Health Care Facilities Rev. (Essentia Health), "A", 4.25%, 2/15/2043  | $75000 | &nbsp;&nbsp;&nbsp; $75179 |
| Duluth, MN, Economic Development Authority, Health Care Facilities Rev. (Essentia Health), "A", 5%, 2/15/2043  | 105000 | &nbsp;&nbsp;&nbsp; 107191 |
| Duluth, MN, Economic Development Authority, Health Care Facilities Rev. (Essentia Health), "A", 4.25%, 2/15/2048  | 85000 | &nbsp;&nbsp;&nbsp; 80144 |
| Duluth, MN, Economic Development Authority, Health Care Facilities Rev. (Essentia Health), "A", 5%, 2/15/2048  | 85000 | &nbsp;&nbsp;&nbsp; 85661 |
|  |  | &nbsp;&nbsp;&nbsp; $348175 |
| Mississippi – 2.3% | Mississippi – 2.3% | Mississippi – 2.3% |
| Mississippi Development Bank, Special Obligation (Jackson Water and Sewer System Rev. Bond Project), AGM, 6.875%, <br> 12/01/2040 <br>| $90000 | &nbsp;&nbsp;&nbsp; $91497 |
| Mississippi Home Corp., Single Family Mortgage Rev., "C", GNMA, 4.65%, 12/01/2048  | 1000000 | &nbsp;&nbsp;&nbsp; 1002474 |
| University of Mississippi Medical Center, Educational Building Corp. Rev. (Colony Park Teaching Campus), "A", 4%, 6/01/2053  | 580000 | &nbsp;&nbsp;&nbsp; 541971 |
|  |  | &nbsp;&nbsp;&nbsp; $1635942 |
| Missouri – 2.3% | Missouri – 2.3% | Missouri – 2.3% |
| Jackson County, MO, Special Obligations, "A", 5.25%, 12/01/2058 (u) | $1160000 | &nbsp;&nbsp;&nbsp; $1217326 |
| Kansas City, MO, Industrial Development Authority, Airport Rev. (Kansas City International Airport Terminal Modernization <br> Project), "B", 5%, 3/01/2054 <br>| 435000 | &nbsp;&nbsp;&nbsp; 436472 |
|  |  | &nbsp;&nbsp;&nbsp; $1653798 |
| Nebraska – 0.7% | Nebraska – 0.7% | Nebraska – 0.7% |
| Omaha, NE, Airport Authority, Airport Facilities Rev., AGM, 5.25%, 12/15/2049  | $500000 | &nbsp;&nbsp;&nbsp; $526122 |
| New Hampshire – 1.9% | New Hampshire – 1.9% | New Hampshire – 1.9% |
| New Hampshire National Finance Authority Rev. (Abilene Christian University Energy Projects), "A", 5.25%, 11/01/2054  | $195000 | &nbsp;&nbsp;&nbsp; $199739 |
| New Hampshire National Finance Authority, Lease Rent Rev. (Centurion Foundation West Main Street LLC), "A", 5%, 5/15/2034  | 370000 | &nbsp;&nbsp;&nbsp; 387161 |
| New Hampshire National Finance Authority, Lease Rev. (NCCD - UNR Properties LLC - University of Nevada, Reno Project), "A", <br> BAM, 5.25%, 6/01/2051 <br>| 95000 | &nbsp;&nbsp;&nbsp; 100202 |
| New Hampshire National Finance Authority, Municipal Certificates, "1-A", 4.375%, 9/20/2036  | 278698 | &nbsp;&nbsp;&nbsp; 290414 |
| New Hampshire National Finance Authority, Municipal Certificates, "2-A", 4%, 10/20/2036  | 186860 | &nbsp;&nbsp;&nbsp; 190715 |
| New Hampshire National Finance Authority, Municipal Certificates, "A-2", 4.216%, 11/20/2042  | 165153 | &nbsp;&nbsp;&nbsp; 159907 |
|  |  | &nbsp;&nbsp;&nbsp; $1328138 |
| New Jersey – 2.5% | New Jersey – 2.5% | New Jersey – 2.5% |
| Camden County, NJ, Improvement Authority, School Rev. (KIPP Cooper Norcross Academy), 6%, 6/15/2062  | $95000 | &nbsp;&nbsp;&nbsp; $98237 |
| New Jersey Economic Development Authority Rev. (Goethals Bridge Replacement Project), 5.375%, 1/01/2043  | 225000 | &nbsp;&nbsp;&nbsp; 225289 |
| New Jersey Economic Development Authority Rev. (Goethals Bridge Replacement Project), AGM, 5%, 1/01/2031  | 115000 | &nbsp;&nbsp;&nbsp; 115682 |
| New Jersey Economic Development Authority, Dock & Wharf Facility Rev. (Repauno Port & Rail Terminal Project), 6.625%, <br> 1/01/2045 <br>| 100000 | &nbsp;&nbsp;&nbsp; 104952 |
| New Jersey Economic Development Authority, Special Facilities Rev. (Continental Airlines, Inc.), "A", 5.625%, 11/15/2030  | 155000 | &nbsp;&nbsp;&nbsp; 155601 |
| New Jersey Higher Education Student Assistance Authority, Senior Student Loan Rev., "B", 4%, 12/01/2041  | 385000 | &nbsp;&nbsp;&nbsp; 389529 |
| New Jersey Higher Education Student Assistance Authority, Senior Student Loan Rev., "B", 3.5%, 12/01/2039  | 115000 | &nbsp;&nbsp;&nbsp; 114002 |
| New Jersey Housing & Mortgage Finance Agency, Multi-Family Conduit Rev. (Riverview Towers Apartments), "B", GNMA, <br> 5.25%, 12/20/2065 <br>| 305503 | &nbsp;&nbsp;&nbsp; 336560 |
| New Jersey Transportation Trust Fund Authority, "AA", 4.25%, 6/15/2044  | 260000 | &nbsp;&nbsp;&nbsp; 264229 |
|  |  | &nbsp;&nbsp;&nbsp; $1804081 |
| New York – 14.6% | New York – 14.6% | New York – 14.6% |
| Build NYC Resource Corp. Rev. (Albert Einstein School of Medicine, Inc.), 5.5%, 9/01/2045 (n) | $380000 | &nbsp;&nbsp;&nbsp; $375779 |
| Build NYC Resource Corp. Rev. (Grand Concourse Academy Charter School Project), "B", 5%, 7/01/2062  | 75000 | &nbsp;&nbsp;&nbsp; 71098 |
| Build NYC Resource Corp. Rev. (KIPP NYC Public Schools Facilities - Canal West Project), 5.25%, 7/01/2052  | 1000000 | &nbsp;&nbsp;&nbsp; 1012613 |
| Build NYC Resource Corp. Rev. (Urban Resource Institute Project), "A", 5.5%, 12/01/2051  | 100000 | &nbsp;&nbsp;&nbsp; 106542 |
| Build NYC Resource Corp., Senior Airport Facilities Rev. (TRIPS Obligated Group), 5.5%, 7/01/2055  | 250000 | &nbsp;&nbsp;&nbsp; 261841 |
| Genesse County, NY, Funding Corp. Rev. (Rochester Regional Health Project), "A", 5.25%, 12/01/2052  | 280000 | &nbsp;&nbsp;&nbsp; 283091 |
| Long Beach, NY, General Obligation, "B", BAM, 4.625%, 7/15/2052  | 250000 | &nbsp;&nbsp;&nbsp; 252021 |
| New York City Water Finance Authority, Water and Sewer System Second General Resolution Rev., "CC-1", 5.25%, 6/15/2054 (u) | 1355000 | &nbsp;&nbsp;&nbsp; 1435187 |
| New York Dormitory Authority Rev. (White Plains Hospital Obligated Group), AGM, 5.5%, 10/01/2054  | 105000 | &nbsp;&nbsp;&nbsp; 112333 |
| New York Dormitory Authority Rev., State Personal Income Tax, "A", 4%, 3/15/2048  | 220000 | &nbsp;&nbsp;&nbsp; 209201 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Municipal Bonds – continued | Municipal Bonds – continued | Municipal Bonds – continued |
| New York – continued | New York – continued | New York – continued |
| New York Liberty Development Corp., Liberty Rev. (3 World Trade Center Project), "1", 5%, 11/15/2044 (n) | $800000 | &nbsp;&nbsp;&nbsp; $801313 |
| New York Transportation Development Corp., Special Facilities Rev. (American Airlines, Inc. John F. Kennedy International Airport <br> Project), 5.375%, 8/01/2036 <br>| 285000 | &nbsp;&nbsp;&nbsp; 300466 |
| New York Transportation Development Corp., Special Facilities Rev. (Delta Airlines, Inc. LaGuardia Airport Terminals C&D <br> Redevelopment Project), 5%, 1/01/2031 <br>| 320000 | &nbsp;&nbsp;&nbsp; 331401 |
| New York Transportation Development Corp., Special Facilities Rev. (Delta Airlines, Inc. LaGuardia Airport Terminals C&D <br> Redevelopment Project), 5%, 10/01/2040 <br>| 200000 | &nbsp;&nbsp;&nbsp; 206998 |
| New York Transportation Development Corp., Special Facilities Rev. (JFK Airport Terminal 6 Redevelopment Project), "A", 5.5%, <br> 12/31/2060 <br>| 245000 | &nbsp;&nbsp;&nbsp; 251111 |
| New York Transportation Development Corp., Special Facilities Rev. (JFK Airport Terminal 6 Redevelopment Project), "A", AGM, <br> 5.25%, 12/31/2054 <br>| 490000 | &nbsp;&nbsp;&nbsp; 502909 |
| New York Transportation Development Corp., Special Facilities Rev. (John F. Kennedy International Airport New Terminal One <br> Project), 6%, 6/30/2054 <br>| 465000 | &nbsp;&nbsp;&nbsp; 487846 |
| New York Transportation Development Corp., Special Facilities Rev. (John F. Kennedy International Airport New Terminal One <br> Project), AGM, 5.125%, 6/30/2060 (u)<br>| 680000 | &nbsp;&nbsp;&nbsp; 686295 |
| New York Transportation Development Corp., Special Facilities Rev. (John F. Kennedy International Airport New Terminal One <br> Project), AGM, 5.25%, 6/30/2060 (u)<br>| 695000 | &nbsp;&nbsp;&nbsp; 710900 |
| New York, NY, City Housing Development Corp., Housing Impact (Sustainable Development Bonds), "A", 4.8%, 2/01/2053  | 165000 | &nbsp;&nbsp;&nbsp; 165976 |
| New York, NY, City Housing Development Corp., Multi-Family Housing Rev., "G", 4.95%, 11/01/2058  | 505000 | &nbsp;&nbsp;&nbsp; 508813 |
| New York, NY, City Housing Development Corp., Multi-Family Mortgage Rev. (8 Spruce Street), "D1", 4%, 12/15/2031  | 100000 | &nbsp;&nbsp;&nbsp; 103511 |
| New York, NY, Mortgage Agency Homeowner Rev., 4.7%, 10/01/2038  | 130000 | &nbsp;&nbsp;&nbsp; 136291 |
| Niagara, NY, Area Development Corp. Rev. (Catholic Health System, Inc. Project), 4.5%, 7/01/2052  | 105000 | &nbsp;&nbsp;&nbsp; 88063 |
| Port Authority of NY & NJ (234th Series), 5.5%, 8/01/2052  | 355000 | &nbsp;&nbsp;&nbsp; 375280 |
| Syracuse, NY, Industrial Development Agency PILOT Rev. (Carousel Center Project), "A", 5%, 1/01/2031  | 110000 | &nbsp;&nbsp;&nbsp; 87698 |
| Syracuse, NY, Industrial Development Agency PILOT Rev. (Carousel Center Project), "A", 5%, 1/01/2035  | 215000 | &nbsp;&nbsp;&nbsp; 164556 |
| Tobacco Settlement Asset Securitization Corp., NY, "A", 5%, 6/01/2041  | 385000 | &nbsp;&nbsp;&nbsp; 387599 |
|  |  | &nbsp;&nbsp;&nbsp; $10416732 |
| North Carolina – 1.5% | North Carolina – 1.5% | North Carolina – 1.5% |
| North Carolina Medical Care Commission, Health Care Facilities First Mortgage Rev. (Lutheran Services for the Aging), "A", 4%, <br> 3/01/2051 <br>| $130000 | &nbsp;&nbsp;&nbsp; $110020 |
| North Carolina Medical Care Commission, Retirement Facilities First Mortgage Rev. (Deerfield Episcopal Retirement Community <br> Project), 5.25%, 11/01/2050 <br>| 100000 | &nbsp;&nbsp;&nbsp; 102546 |
| North Carolina Medical Care Commission, Retirement Facilities First Mortgage Rev. (Deerfield Episcopal Retirement Community <br> Project), 5.25%, 11/01/2056 <br>| 150000 | &nbsp;&nbsp;&nbsp; 152266 |
| North Carolina Turnpike Authority, Triangle Expressway System Senior Lien Rev., "A", AGM, 5%, 1/01/2058  | 655000 | &nbsp;&nbsp;&nbsp; 669738 |
|  |  | &nbsp;&nbsp;&nbsp; $1034570 |
| Ohio – 5.1% | Ohio – 5.1% | Ohio – 5.1% |
| Buckeye, OH, Tobacco Settlement Financing Authority, Senior Asset-Backed Refunding, 2020 B-2, "2", 5%, 6/01/2055  | $220000 | &nbsp;&nbsp;&nbsp; $181657 |
| Columbus, OH, Regional Airport Authority Rev. (John Glenn Columbus International Airport), "A", 5.5%, 1/01/2050  | 510000 | &nbsp;&nbsp;&nbsp; 543400 |
| Cuyahoga County, OH, Hospital Rev. (MetroHealth System), 4.75%, 2/15/2047  | 220000 | &nbsp;&nbsp;&nbsp; 204029 |
| Cuyahoga County, OH, Hospital Rev. (MetroHealth System), 5.5%, 2/15/2052  | 580000 | &nbsp;&nbsp;&nbsp; 574232 |
| Cuyahoga County, OH, Metropolitan Housing Authority, General Rev. (2045 Initiative Project), 2%, 12/01/2031  | 75000 | &nbsp;&nbsp;&nbsp; 68811 |
| Greene County, OH, Port Authority Economic Development, Facilities Rev. (Community First Solutions Obligated Group), "B", <br> 5%, 5/15/2059 <br>| 160000 | &nbsp;&nbsp;&nbsp; 155594 |
| Hamilton County, OH, Healthcare Improvement & Refunding Rev. (Life Enriching Communities Project), 5.5%, 1/01/2055  | 100000 | &nbsp;&nbsp;&nbsp; 102667 |
| Miami County, OH, Hospital Facilities Rev. (Kettering Health), "A", 5%, 8/01/2049  | 405000 | &nbsp;&nbsp;&nbsp; 409211 |
| Middleburg Heights, OH, Hospital Facilities Improvement Rev. (Southwest General Health Center Project), "A", 4%, 8/01/2041  | 90000 | &nbsp;&nbsp;&nbsp; 87795 |
| Ohio Higher Educational Facility Commission Rev. (Cleveland Institute of Music 2022 Project), 5.125%, 12/01/2042  | 70000 | &nbsp;&nbsp;&nbsp; 72868 |
| Ohio Higher Educational Facility Commission Rev. (Xavier University Project), 5.25%, 5/01/2054  | 105000 | &nbsp;&nbsp;&nbsp; 103451 |
| Ohio Housing Finance Agency, Multi-Family Tax Exempt Mortgage-Backed (Macarthur Park Apartments Project), "A", FNMA, <br> 4.5%, 5/01/2039 <br>| 313411 | &nbsp;&nbsp;&nbsp; 340015 |
| Ohio Housing Finance Agency, Residential Mortgage Rev. (Mortgage-Backed Securities Program), "A", 4.9%, 9/01/2053  | 320000 | &nbsp;&nbsp;&nbsp; 321857 |
| Warren County, OH, Healthcare Facilities Rev. (Otterbein Homes Obligated Group), 5%, 7/01/2054  | 500000 | &nbsp;&nbsp;&nbsp; 500359 |
|  |  | &nbsp;&nbsp;&nbsp; $3665946 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Municipal Bonds – continued | Municipal Bonds – continued | Municipal Bonds – continued |
| Oklahoma – 2.4% | Oklahoma – 2.4% | Oklahoma – 2.4% |
| Norman, OK, Regional Hospital Authority Rev., 4%, 9/01/2045  | $85000 | &nbsp;&nbsp;&nbsp; $58395 |
| Norman, OK, Regional Hospital Authority Rev., 5%, 9/01/2045  | 45000 | &nbsp;&nbsp;&nbsp; 35998 |
| Oklahoma Development Finance Authority, Health System Rev. (OU Medicine Project), "A", 5.5%, 8/15/2041  | 185000 | &nbsp;&nbsp;&nbsp; 193281 |
| Oklahoma Development Finance Authority, Health System Rev. (OU Medicine Project), "A", 5.5%, 8/15/2044  | 185000 | &nbsp;&nbsp;&nbsp; 188985 |
| Oklahoma Development Finance Authority, Health System Rev. (OU Medicine Project), "B", 5.5%, 8/15/2057  | 165000 | &nbsp;&nbsp;&nbsp; 165277 |
| Tulsa County, OK, Industrial Authority, Senior Living Community Refunding Rev. (Montereau, Inc. Project), "A", 5.25%, <br> 11/15/2045 <br>| 1050000 | &nbsp;&nbsp;&nbsp; 1054924 |
|  |  | &nbsp;&nbsp;&nbsp; $1696860 |
| Oregon – 0.4% | Oregon – 0.4% | Oregon – 0.4% |
| Union County, OR, Hospital Facility Authority Rev. (Grande Ronde Hospital Project), 5%, 7/01/2052  | $160000 | &nbsp;&nbsp;&nbsp; $157168 |
| Yamhill County, OR, Hospital Authority Rev. (Friendsview Retirement), "A", 5%, 11/15/2056  | 155000 | &nbsp;&nbsp;&nbsp; 133862 |
|  |  | &nbsp;&nbsp;&nbsp; $291030 |
| Pennsylvania – 13.9% | Pennsylvania – 13.9% | Pennsylvania – 13.9% |
| Allegheny County, PA, Airport Authority Rev. (Pittsburgh International Airport), "A", AGM, 5.5%, 1/01/2055  | $385000 | &nbsp;&nbsp;&nbsp; $408151 |
| Allegheny County, PA, Hospital Development Authority Rev. (Allegheny Health Network Obligated Group), "A", 4%, 4/01/2044  | 555000 | &nbsp;&nbsp;&nbsp; 529195 |
| Berks County, PA, Municipal Authority Rev. (Tower Health Project), "A-2", 6%, 6/30/2034  | 106000 | &nbsp;&nbsp;&nbsp; 114340 |
| Berks County, PA, Municipal Authority Rev. (Tower Health Project), "A-3", 5%, 6/30/2039  | 508000 | &nbsp;&nbsp;&nbsp; 485681 |
| Berks County, PA, Municipal Authority Rev. (Tower Health Project), Convertible Capital Appreciation, "B-1", 0% to 11/15/2029, <br> 6% to 6/30/2044 <br>| 254000 | &nbsp;&nbsp;&nbsp; 188159 |
| Cumberland County, PA, Municipal Authority Rev. (Messiah Village Project), "A", 5.5%, 6/01/2056  | 110000 | &nbsp;&nbsp;&nbsp; 111765 |
| Doylestown, PA, Hospital Authority Rev., 5.375%, 7/01/2039  | 100000 | &nbsp;&nbsp;&nbsp; 111060 |
| Lehigh County, PA, Water & Sewer Authority Rev. (Allentown Concession), Capital Appreciation, "B", 0%, 12/01/2036  | 940000 | &nbsp;&nbsp;&nbsp; 651824 |
| Montgomery County, PA, Higher Education & Health Authority Rev. (Thomas Jefferson University), "B", AGM, 3.125%, <br> 5/01/2053 <br>| 75000 | &nbsp;&nbsp;&nbsp; 55346 |
| Montgomery County, PA, Industrial Development Authority Rev. (Whitemarsh Continuing Care Retirement Community Project), <br> 5.375%, 1/01/2050 <br>| 205000 | &nbsp;&nbsp;&nbsp; 204983 |
| Pennsylvania Economic Development Financing Authority Rev. (Presbyterian Senior Living Project), "B-1", 5.25%, 7/01/2049  | 105000 | &nbsp;&nbsp;&nbsp; 106581 |
| Pennsylvania Economic Development Financing Authority Rev. (Rapid Bridge Replacement Project), 5%, 12/31/2038  | 1000000 | &nbsp;&nbsp;&nbsp; 1003523 |
| Pennsylvania Economic Development Financing Authority, Guaranteed Parking Rev. (Capitol Region Parking System), Capital <br> Appreciation, "B-2", 0%, 1/01/2044 <br>| 375000 | &nbsp;&nbsp;&nbsp; 164378 |
| Pennsylvania Economic Development Financing Authority, Guaranteed Parking Rev. (Capitol Region Parking System), Capital <br> Appreciation, "B-3", 0%, 1/01/2049 <br>| 175000 | &nbsp;&nbsp;&nbsp; 37324 |
| Pennsylvania Economic Development Financing Authority, Private Activity Rev. (PennDOT Major Bridges Package One Project), <br> 5.25%, 6/30/2053 <br>| 350000 | &nbsp;&nbsp;&nbsp; 355877 |
| Pennsylvania Economic Development Financing Authority, Private Activity Rev. (PennDOT Major Bridges Package One Project), <br> AGM, 5.5%, 6/30/2042 <br>| 290000 | &nbsp;&nbsp;&nbsp; 316394 |
| Pennsylvania Economic Development Financing Authority, Private Activity Rev. (PennDOT Major Bridges Package One Project), <br> AGM, 5%, 12/31/2057 <br>| 405000 | &nbsp;&nbsp;&nbsp; 410471 |
| Pennsylvania Economic Development Financing Authority, Private Activity Rev. (Pennsylvania Rapid Bridge Replacement Project), <br> 5%, 6/30/2042 <br>| 435000 | &nbsp;&nbsp;&nbsp; 436028 |
| Pennsylvania Higher Educational Assistance Agency, Education Loan Rev., "1C", 5%, 6/01/2051  | 78000 | &nbsp;&nbsp;&nbsp; 75891 |
| Pennsylvania Higher Educational Assistance Agency, Education Loan Rev., "1C", 5.5%, 6/01/2052  | 102000 | &nbsp;&nbsp;&nbsp; 105545 |
| Pennsylvania Higher Educational Assistance Agency, Education Loan Rev., "A", 4.5%, 6/01/2043  | 160000 | &nbsp;&nbsp;&nbsp; 164414 |
| Pennsylvania Housing Finance Agency, Single Family Mortgage Rev., "146A", 6.25%, 10/01/2054 (u) | 2315000 | &nbsp;&nbsp;&nbsp; 2568748 |
| Pennsylvania Housing Finance Agency, Single Family Mortgage Rev., "141A", 5.75%, 10/01/2053  | 282745 | &nbsp;&nbsp;&nbsp; 301871 |
| Pennsylvania Housing Finance Agency, Single Family Mortgage Rev., "142A", 5.5%, 10/01/2053  | 185000 | &nbsp;&nbsp;&nbsp; 197639 |
| Pennsylvania Public School Building Authority, College Rev. (Delaware County Community College Project), BAM, 5.25%, <br> 10/01/2044 <br>| 110000 | &nbsp;&nbsp;&nbsp; 116692 |
| Philadelphia, PA, Authority for Industrial Development Rev. (Thomas Jefferson University), "A", 5%, 9/01/2042  | 645000 | &nbsp;&nbsp;&nbsp; 652280 |
| Philadelphia, PA, Authority for Industrial Development, Charter School Rev. (Green Woods Charter School Project), "A", 5.375%, <br> 6/15/2057 <br>| 100000 | &nbsp;&nbsp;&nbsp; 98667 |
|  |  | &nbsp;&nbsp;&nbsp; $9972827 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Municipal Bonds – continued | Municipal Bonds – continued | Municipal Bonds – continued |
| Puerto Rico – 4.2% | Puerto Rico – 4.2% | Puerto Rico – 4.2% |
| Commonwealth of Puerto Rico, General Obligation Restructured, "A", 4%, 7/01/2041  | $280000 | &nbsp;&nbsp;&nbsp; $271392 |
| Puerto Rico Electric Power Authority Rev., "NN", NPFG, 4.75%, 7/01/2033  | 40000 | &nbsp;&nbsp;&nbsp; 40005 |
| Puerto Rico Electric Power Authority Rev., "VV", NPFG, 5.25%, 7/01/2029  | 175000 | &nbsp;&nbsp;&nbsp; 178203 |
| Puerto Rico Electric Power Authority Rev., "VV", NPFG, 5.25%, 7/01/2030  | 205000 | &nbsp;&nbsp;&nbsp; 209582 |
| Puerto Rico Sales Tax Financing Corp., Restructured Sales Tax Rev., "A-1", 4.55%, 7/01/2040  | 29000 | &nbsp;&nbsp;&nbsp; 29185 |
| Puerto Rico Sales Tax Financing Corp., Restructured Sales Tax Rev., "A-1", 5%, 7/01/2058  | 1816000 | &nbsp;&nbsp;&nbsp; 1778659 |
| Puerto Rico Sales Tax Financing Corp., Restructured Sales Tax Rev., "A-2", 4.329%, 7/01/2040  | 194000 | &nbsp;&nbsp;&nbsp; 194337 |
| Puerto Rico Sales Tax Financing Corp., Restructured Sales Tax Rev., "A-2", 4.536%, 7/01/2053  | 1000 | &nbsp;&nbsp;&nbsp; 936 |
| Puerto Rico Sales Tax Financing Corp., Restructured Sales Tax Rev., "A-2", 4.784%, 7/01/2058  | 153000 | &nbsp;&nbsp;&nbsp; 147922 |
| Puerto Rico Sales Tax Financing Corp., Restructured Sales Tax Rev., Capital Appreciation, "A-1", 0%, 7/01/2046  | 527000 | &nbsp;&nbsp;&nbsp; 188609 |
|  |  | &nbsp;&nbsp;&nbsp; $3038830 |
| Rhode Island – 0.5% | Rhode Island – 0.5% | Rhode Island – 0.5% |
| Rhode Island Student Loan Authority, Education Loan Rev., "A", 4.125%, 12/01/2042  | $390000 | &nbsp;&nbsp;&nbsp; $388840 |
| South Carolina – 3.2% | South Carolina – 3.2% | South Carolina – 3.2% |
| Charleston, SC, Housing Authority Rev. (1800 Ashley West), 4.5%, 9/01/2035  | $190000 | &nbsp;&nbsp;&nbsp; $196368 |
| South Carolina Jobs & Economic Development Authority Rev. (Bishop Gadsden Episcopal Retirement Community Obligated <br> Group), 5.375%, 4/01/2056 <br>| 100000 | &nbsp;&nbsp;&nbsp; 101089 |
| South Carolina Jobs & Economic Development Authority Rev. (Bishop Gadsden Episcopal Retirement Community Obligated <br> Group), "A", 5%, 4/01/2044 <br>| 130000 | &nbsp;&nbsp;&nbsp; 131518 |
| South Carolina Jobs & Economic Development Authority, Healthcare Rev. (Beaufort Memorial Hospital & South of Broad <br> Healthcare Project), 5.5%, 11/15/2044 <br>| 100000 | &nbsp;&nbsp;&nbsp; 105117 |
| South Carolina Jobs & Economic Development Authority, Hospital Rev. (Prisma Health Obligated Group), "A", 5%, 5/01/2048  | 270000 | &nbsp;&nbsp;&nbsp; 272750 |
| South Carolina Public Service Authority Refunding Rev. (Santee Cooper), "B", AGM, 5%, 12/01/2054 (u) | 1420000 | &nbsp;&nbsp;&nbsp; 1485507 |
|  |  | &nbsp;&nbsp;&nbsp; $2292349 |
| Tennessee – 3.1% | Tennessee – 3.1% | Tennessee – 3.1% |
| Knox County, TN, Health Educational & Housing Facility, Board Student Housing Rev. (Provident Group - UTK Properties LLC - <br> University of Tennessee Project), "A-1", BAM, 5.5%, 7/01/2059 <br>| $80000 | &nbsp;&nbsp;&nbsp; $84663 |
| Knox County, TN, Health Educational & Housing Facility, Board Student Housing Rev. (Provident Group - UTK Properties LLC - <br> University of Tennessee Project), "B-1", BAM, 5.25%, 7/01/2064 <br>| 185000 | &nbsp;&nbsp;&nbsp; 192343 |
| Metropolitan Nashville, TN, Airport Authority Improvement Rev., "B", 5.5%, 7/01/2052  | 150000 | &nbsp;&nbsp;&nbsp; 157737 |
| Metropolitan Nashville, TN, Airport Authority Improvement Rev., "B", 5.5%, 7/01/2056  | 100000 | &nbsp;&nbsp;&nbsp; 106941 |
| Nashville and Davidson County, TN, Health & Education Facilities, Board of Metropolitan Government, Multi-Family Tax-Exempt <br> Mortgage-Backed (Ben Allen Ridge Apartments Project), "A", 4.75%, 2/01/2048 <br>| 234178 | &nbsp;&nbsp;&nbsp; 238421 |
| Rutherford County, Tennessee, Health & Educational Facilities Board, Student Housing Rev. (Madrone - MTSU Student Housing I, <br> LLC Project), "A-1", BAM, 5%, 7/01/2065 <br>| 100000 | &nbsp;&nbsp;&nbsp; 100261 |
| Tennergy Corp., TN, Gas Supply Rev., "A", 5.5%, 10/01/2053 (Put Date 12/01/2030) | 515000 | &nbsp;&nbsp;&nbsp; 561101 |
| Tennessee Energy Acquisition Corp., Gas Project Rev., "A", 5.25%, 9/01/2026  | 335000 | &nbsp;&nbsp;&nbsp; 338868 |
| Tennessee Housing Development Agency, Residential Finance Program Rev., "2A", 4.7%, 7/01/2053  | 450000 | &nbsp;&nbsp;&nbsp; 449431 |
|  |  | &nbsp;&nbsp;&nbsp; $2229766 |
| Texas – 20.4% | Texas – 20.4% | Texas – 20.4% |
| Arlington, TX, Higher Education Finance Corp. Refunding Rev. (Basis Texas Charter Schools, Inc.), 5.875%, 6/15/2065  | $100000 | &nbsp;&nbsp;&nbsp; $101834 |
| Arlington, TX, Higher Education Finance Corp., Education Rev. (Trinity Basin Preparatory, Inc.), Texas PSF, 4.25%, 8/15/2047  | 250000 | &nbsp;&nbsp;&nbsp; 243801 |
| Austin, TX, Airport System Rev., 5%, 11/15/2052  | 185000 | &nbsp;&nbsp;&nbsp; 187597 |
| Dallas, TX, Senior Lien Special Tax Rev. (Fair Park Venue Project), 6.25%, 8/15/2053 (Put Date 8/15/2028) | 155000 | &nbsp;&nbsp;&nbsp; 155204 |
| Denton County, TX, Northlake Municipal Management District No. 2, AGM, 4.5%, 3/01/2044  | 1125000 | &nbsp;&nbsp;&nbsp; 1133765 |
| EP Cimarron Ventanas, TX, Residential Development Rev. (Lifestyles at Los Paseos), 4.125%, 12/01/2039  | 155000 | &nbsp;&nbsp;&nbsp; 157951 |
| Fort Bend County, TX, Municipal Utility District No. 170, Taxable, BAM, 4.375%, 9/01/2039  | 1080000 | &nbsp;&nbsp;&nbsp; 1100624 |
| Galveston County, TX, Municipal Utility District No. 56, Unlimited Tax, AGM, 4.5%, 6/01/2047  | 500000 | &nbsp;&nbsp;&nbsp; 500053 |
| Gulf Coast, TX, Industrial Development Authority Rev. (CITGO Petroleum Corp.), 8%, 4/01/2028  | 250000 | &nbsp;&nbsp;&nbsp; 250411 |
| Harris County, TX, Cultural Education Facilities Finance Corp., Hospital Rev. (Memorial Hermann Health System), "A", 4.125%, <br> 7/01/2052 <br>| 230000 | &nbsp;&nbsp;&nbsp; 209583 |
| Harris County, TX, Houston Sports Authority Rev., Capital Appreciation, "A", AGM, 0%, 11/15/2046  | 210000 | &nbsp;&nbsp;&nbsp; 77840 |
| Houston, TX, Airport System Refunding Rev., "A", AGM, 5.25%, 7/01/2053  | 180000 | &nbsp;&nbsp;&nbsp; 185685 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Municipal Bonds – continued | Municipal Bonds – continued | Municipal Bonds – continued |
| Texas – continued | Texas – continued | Texas – continued |
| Houston, TX, Higher Education Finance Corp., University Rev. (Houston Christian University Project), 5.25%, 10/01/2054  | $110000 | &nbsp;&nbsp;&nbsp; $107934 |
| Jarrell, TX, Independent School District, Unlimited Tax Building, Texas PSF, 5.25%, 2/15/2055  | 500000 | &nbsp;&nbsp;&nbsp; 533698 |
| Kaufman County, TX, Fresh Water Supply District No. 4A, Unlimited Tax Utility, BAM, 4.5%, 9/01/2045  | 1000000 | &nbsp;&nbsp;&nbsp; 1005229 |
| Matagorda County, TX, Navigation District No. 1 (Houston Lighting), AAC, 5.125%, 11/01/2028  | 2000000 | &nbsp;&nbsp;&nbsp; 2107289 |
| Memorial City, TX, Redevelopment Authority, Tax Increment Contract Rev., AGM, 5%, 9/01/2049  | 375000 | &nbsp;&nbsp;&nbsp; 385239 |
| Montgomery County, TX, Water Control & Improvement District No. 1, Unlimited Tax, BAM, 4.625%, 3/01/2043  | 1115000 | &nbsp;&nbsp;&nbsp; 1136205 |
| New Hope, TX, Cultural Education Facilities Finance Corp., Retirement Facility Rev. (Bella Vida Forefront Living Project), "B-2", <br> 4.625%, 10/01/2030 <br>| 100000 | &nbsp;&nbsp;&nbsp; 100035 |
| New Hope, TX, Cultural Education Facilities Finance Corp., Retirement Facility Rev. (Westminster Project), 5%, 11/01/2060  | 100000 | &nbsp;&nbsp;&nbsp; 98952 |
| Red River, TX, Education Finance Corp., Higher Education Rev. (Houston Baptist University Project), 5.5%, 10/01/2046  | 160000 | &nbsp;&nbsp;&nbsp; 160275 |
| Tarrant County, TX, Cultural Education Facilities Finance Corp., Retirement Facility Rev. (Barton Creek Senior Living Center, Inc., <br> Querencia Project), 5%, 11/15/2035 <br>| 60000 | &nbsp;&nbsp;&nbsp; 60057 |
| Tarrant County, TX, Cultural Education Facilities Finance Corp., Retirement Facility Rev. (Stayton Museum Way), 5.75%, <br> 12/01/2054 <br>| 389506 | &nbsp;&nbsp;&nbsp; 341266 |
| Texas Department of Housing & Community Affairs, Single Family Mortgage Rev., "A", GNMA, 5.25%, 9/01/2053  | 435000 | &nbsp;&nbsp;&nbsp; 445326 |
| Texas Private Activity Surface Transportation Corp., Senior Lien Rev. (NTE Mobility Partners Segments 3 LLC), 5.5%, 6/30/2043  | 180000 | &nbsp;&nbsp;&nbsp; 190095 |
| Texas State Technical College System Rev., Financing System Improvement, "A", AGM, 6%, 8/01/2054  | 170000 | &nbsp;&nbsp;&nbsp; 186451 |
| Texas Transportation Commission, State Highway 249 System Rev., "A", 5%, 8/01/2057  | 165000 | &nbsp;&nbsp;&nbsp; 166761 |
| Texas Transportation Finance Corp., Subordinate Tier Toll Refunding Rev. (TELA Supported), "A", 5.5%, 10/01/2055 (u) | 1620000 | &nbsp;&nbsp;&nbsp; 1769195 |
| Texas Water Development Board, Water Implementation Rev., 5%, 10/15/2057  | 1000000 | &nbsp;&nbsp;&nbsp; 1033753 |
| Tomball, TX, Independent School District, Unlimited Tax School Building, Texas PSF, 3.875%, 2/15/2043  | 500000 | &nbsp;&nbsp;&nbsp; 501393 |
|  |  | &nbsp;&nbsp;&nbsp; $14633501 |
| Utah – 0.6% | Utah – 0.6% | Utah – 0.6% |
| Salt Lake City, UT, Airport Rev. (Salt Lake City International Airport), "A", 5%, 7/01/2043  | $265000 | &nbsp;&nbsp;&nbsp; $271404 |
| Utah Charter School Finance Authority, Charter School Rev. (Da Vinci Academy of Science & Arts), 4%, 4/15/2047  | 165000 | &nbsp;&nbsp;&nbsp; 145771 |
|  |  | &nbsp;&nbsp;&nbsp; $417175 |
| Vermont – 0.3% | Vermont – 0.3% | Vermont – 0.3% |
| Vermont Economic Development Authority, Solid Waste Disposal Rev. (Casella Waste Systems, Inc.), "A-2", 4.375%, <br> 6/01/2052 (Put Date 6/01/2032)<br>| $100000 | &nbsp;&nbsp;&nbsp; $102977 |
| Vermont Student Assistance Corp., Education Loan Rev., "A", 4.375%, 6/15/2040  | 120000 | &nbsp;&nbsp;&nbsp; 119258 |
|  |  | &nbsp;&nbsp;&nbsp; $222235 |
| Virginia – 3.2% | Virginia – 3.2% | Virginia – 3.2% |
| Henrico County, VA, Economic Development Authority Rev., Residential Care Facility (Westminster-Canterbury of Richmond), <br> "A", 5%, 10/01/2052 <br>| $225000 | &nbsp;&nbsp;&nbsp; $224567 |
| Virginia Beach, VA, Development Authority, Residential Care Facility Rev. (Westminster - Canterbury on Chesapeake Bay), "A", <br> 7%, 9/01/2059 <br>| 285000 | &nbsp;&nbsp;&nbsp; 312681 |
| Virginia Housing Development Authority, Rental Housing, "D", 4.875%, 8/01/2065  | 920000 | &nbsp;&nbsp;&nbsp; 924035 |
| Virginia Small Business Financing Authority, Senior Lien Private Activity Rev. (Transform 66 P3 Project), 5%, 12/31/2052  | 250000 | &nbsp;&nbsp;&nbsp; 248024 |
| Williamsburg, VA, Economic Development Authority, Student Housing Rev. (Provident Group - Williamsburg Properties LLC - <br> William & Mary Project), "A", AGM, 5.25%, 7/01/2053 <br>| 560000 | &nbsp;&nbsp;&nbsp; 590741 |
|  |  | &nbsp;&nbsp;&nbsp; $2300048 |
| Washington – 2.8% | Washington – 2.8% | Washington – 2.8% |
| Everett, WA, Housing Authority Refunding Rev. (Huntington Park Apartments Project), 4%, 7/01/2037  | $300000 | &nbsp;&nbsp;&nbsp; $302500 |
| Grays Harbor County, WA, Public Hospital District No. 2, General Obligation Refunding, 5%, 12/15/2033  | 80000 | &nbsp;&nbsp;&nbsp; 82544 |
| Grays Harbor County, WA, Public Hospital District No. 2, General Obligation Refunding, 5%, 12/15/2038  | 100000 | &nbsp;&nbsp;&nbsp; 101850 |
| Grays Harbor County, WA, Public Hospital District No. 2, General Obligation Refunding, 5%, 12/15/2048  | 195000 | &nbsp;&nbsp;&nbsp; 183959 |
| King County, WA, Housing Authority, Pooled Housing Refunding Rev., 5.375%, 7/01/2045  | 100000 | &nbsp;&nbsp;&nbsp; 106176 |
| Port of Vancouver, WA, Limited Tax General Obligation, 5.125%, 12/01/2055  | 420000 | &nbsp;&nbsp;&nbsp; 430905 |
| Vancouver, WA, Housing Authority, Multi-Family Rev. (Cougar Creek Project), "A", 4.5%, 10/01/2042  | 165000 | &nbsp;&nbsp;&nbsp; 170435 |
| Washington State Health Care Facilities Authority Rev. (Virginia Mason Medical Center), 4%, 8/15/2042  | 140000 | &nbsp;&nbsp;&nbsp; 139494 |
| Washington State Housing Finance Commission, Municipal Certificates, "1-A", 4.221%, 3/01/2050  | 70279 | &nbsp;&nbsp;&nbsp; 71049 |
| Washington State Housing Finance Commission, Nonprofit Housing Refunding Rev. (Horizon House Project), "A", 6.25%, <br> 1/01/2061 <br>| 315000 | &nbsp;&nbsp;&nbsp; 315332 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Municipal Bonds – continued | Municipal Bonds – continued | Municipal Bonds – continued |
| Washington – continued | Washington – continued | Washington – continued |
| Washington State Housing Finance Commission, Nonprofit Rev. (Blakeley & Laurel Villages Portfolio), "A", BAM, 5.25%, <br> 7/01/2064 <br>| $100000 | &nbsp;&nbsp;&nbsp; $102035 |
|  |  | &nbsp;&nbsp;&nbsp; $2006279 |
| Wisconsin – 7.2% | Wisconsin – 7.2% | Wisconsin – 7.2% |
| Wisconsin Center District Junior Dedicated Tax Rev., Capital Appreciation, "D", AGM, 0%, 12/15/2040  | $405000 | &nbsp;&nbsp;&nbsp; $227756 |
| Wisconsin Center District Senior Dedicated Tax Rev., Capital Appreciation, "C", AGM, 0%, 12/15/2040  | 175000 | &nbsp;&nbsp;&nbsp; 97702 |
| Wisconsin Health & Educational Facilities Authority Rev. (Aspirus, Inc. Obligated Group), 4%, 8/15/2048  | 700000 | &nbsp;&nbsp;&nbsp; 636013 |
| Wisconsin Health & Educational Facilities Authority Rev. (Bellin Memorial Hospital, Inc.), "A", 5.5%, 12/01/2052  | 130000 | &nbsp;&nbsp;&nbsp; 139736 |
| Wisconsin Health & Educational Facilities Authority Rev. (St. Camillus Health System, Inc.), "A", 5%, 11/01/2054  | 325000 | &nbsp;&nbsp;&nbsp; 295268 |
| Wisconsin Public Finance Authority Rev. (Kahala Nui Project), 5.25%, 11/15/2061  | 100000 | &nbsp;&nbsp;&nbsp; 101640 |
| Wisconsin Public Finance Authority Rev. (Obligated Group of National Senior Communities, Inc.), 4%, 1/01/2047  | 195000 | &nbsp;&nbsp;&nbsp; 177967 |
| Wisconsin Public Finance Authority Rev. (Obligated Group of National Senior Communities, Inc.), 4%, 1/01/2052  | 330000 | &nbsp;&nbsp;&nbsp; 287475 |
| Wisconsin Public Finance Authority, Education Rev. (Triad Educational Services, Inc.), 5.5%, 6/15/2062  | 100000 | &nbsp;&nbsp;&nbsp; 96129 |
| Wisconsin Public Finance Authority, Health Care System Rev. (Cone Health), "A", 5%, 10/01/2052  | 420000 | &nbsp;&nbsp;&nbsp; 430390 |
| Wisconsin Public Finance Authority, Hospital Rev. (WakeMed), "A", 4%, 10/01/2049  | 700000 | &nbsp;&nbsp;&nbsp; 612571 |
| Wisconsin Public Finance Authority, Hotel & Conference Center Facilities Rev. (Foundation of the University of North Carolina at <br> Charlotte, Inc.), "A", 4%, 9/01/2051 (n)<br>| 255000 | &nbsp;&nbsp;&nbsp; 198559 |
| Wisconsin Public Finance Authority, Limited Obligation Grant Rev. (American Dream at Meadowlands Project), "A", 6.25%, <br> 8/01/2027 (a)(d)(n)<br>| 255000 | &nbsp;&nbsp;&nbsp; 186150 |
| Wisconsin Public Finance Authority, Multi-Family Affordable Housing Certificates (Dominium Holdings I), "B-1", 6.81%, <br> 4/28/2036 <br>| 195000 | &nbsp;&nbsp;&nbsp; 203235 |
| Wisconsin Public Finance Authority, Project Rev. (Eastern Michigan University Student Housing Project), "A-1", 5.625%, <br> 7/01/2055 <br>| 635000 | &nbsp;&nbsp;&nbsp; 673484 |
| Wisconsin Public Finance Authority, Retirement Facilities First Mortgage Rev. (United Methodist Retirement Homes), "A", 4%, <br> 10/01/2051 <br>| 15000 | &nbsp;&nbsp;&nbsp; 13140 |
| Wisconsin Public Finance Authority, Senior Lien Toll Rev. (Georgia SR 400 Express Lanes Project), 5.75%, 12/31/2065  | 195000 | &nbsp;&nbsp;&nbsp; 203935 |
| Wisconsin Public Finance Authority, Senior Living Refunding Bonds Rev. (Mary's Woods at Marylhurst Project), "A", 5.25%, <br> 5/15/2047 (n)<br>| 135000 | &nbsp;&nbsp;&nbsp; 135106 |
| Wisconsin Public Finance Authority, Senior Living Refunding Bonds Rev. (Mary's Woods at Marylhurst Project), "A", 5.25%, <br> 5/15/2052 (n)<br>| 75000 | &nbsp;&nbsp;&nbsp; 73369 |
| Wisconsin Public Finance Authority, Senior Secured Rev. (McLemore Hotel & Conference Center), "A", 4.5%, 6/01/2056 (n) | 155000 | &nbsp;&nbsp;&nbsp; 109275 |
| Wisconsin Public Finance Authority, Student Housing Rev. (KSU Bixby Real Estate Foundation LLC Project), "A", 5.25%, <br> 6/15/2055 <br>| 100000 | &nbsp;&nbsp;&nbsp; 101006 |
| Wisconsin Public Finance Authority, Student Housing Rev. (University of Hawai'i Foundation Project), "A-1", 4%, 7/01/2061 (n) | 125000 | &nbsp;&nbsp;&nbsp; 89581 |
| Wisconsin Public Finance Authority, Texas Infrastructure Program Improvement & Refunding Rev. (Astro Texas Land Projects), <br> Capital Appreciation, 0%, 12/15/2037 <br>| 82000 | &nbsp;&nbsp;&nbsp; 42590 |
|  |  | &nbsp;&nbsp;&nbsp; $5132077 |
| **Total Municipal Bonds**  |  | &nbsp;&nbsp; **$113225417** |
| Other Municipal Bonds – 0.7% | Other Municipal Bonds – 0.7% | Other Municipal Bonds – 0.7% |
| Multi-Family Housing Revenue – 0.7% | Multi-Family Housing Revenue – 0.7% |  |
| Affordable Housing Pass-Thru Trust Certificates, 6%, 10/05/2040  | $283052 | &nbsp;&nbsp;&nbsp; $289014 |
| FRETE 2021-ML12 Trust, "X-US", FHLMC, 1.227%, 7/25/2041 (i)(n) | 357134 | &nbsp;&nbsp;&nbsp; 31439 |
| FRETE 2023-ML16 Trust, "A", 4.632%, 7/25/2038  | 135677 | &nbsp;&nbsp;&nbsp; 142033 |
| **Total Other Municipal Bonds**  |  | &nbsp;&nbsp; **$462486** |
| Bonds – 0.1% | Bonds – 0.1% | Bonds – 0.1% |
| Transportation - Services – 0.1% | Transportation - Services – 0.1% |  |
| Toll Road Investors Partnership II LP, Capital Appreciation, NPFG, 0%, 2/15/2033 (n)  | $120000 | &nbsp;&nbsp;&nbsp; $76435 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Mutual Funds (h) – 0.9% | Mutual Funds (h) – 0.9% | Mutual Funds (h) – 0.9% |
| Money Market Funds – 0.9% | Money Market Funds – 0.9% |  |
| MFS Institutional Money Market Portfolio, 3.7% (v)  | 617717 | &nbsp;&nbsp;&nbsp; $617779 |
| Other Assets, Less Liabilities – (7.8)% |  | &nbsp;&nbsp;&nbsp; (5586131)<br>|
| Remarketable Variable Rate MuniFund Term Preferred Shares (RVMTP shares), at liquidation value (issued by the fund) – <br> (52.0)% | Remarketable Variable Rate MuniFund Term Preferred Shares (RVMTP shares), at liquidation value (issued by the fund) – <br> (52.0)% | &nbsp;&nbsp;&nbsp; (37200000)<br>|
| **Net assets applicable to common shares – 100.0%** |  | &nbsp;&nbsp; **$71595986** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(d) In default.

&nbsp;&nbsp;&nbsp;&nbsp;(h) An affiliated issuer, which may be considered one in which the fund owns 5% or more
 of the outstanding voting securities, or a company which is under common control. At period end, the aggregate values of the fund's investments in affiliated
 issuers and in unaffiliated issuers were $617,779 and $113,764,338, respectively.

&nbsp;&nbsp;&nbsp;&nbsp;(i) Interest only security for which the fund receives interest on notional principal
 (Par amount). Par amount shown is the notional principal and does not reflect the cost of the security.

&nbsp;&nbsp;&nbsp;&nbsp;(n) Securities exempt from registration under Rule 144A of the Securities Act of 1933.
 These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers.
 At period end, the aggregate value of these securities was $5,755,070, representing 8.0% of net assets applicable to common shares.

&nbsp;&nbsp;&nbsp;&nbsp;(u) Underlying security deposited into special purpose trust upon creation of self-deposited
 inverse floaters.

&nbsp;&nbsp;&nbsp;&nbsp;(v) Affiliated issuer that is available only to investment companies managed by MFS. The
 rate quoted for the MFS Institutional Money Market Portfolio is the annualized seven-day yield of the fund at period end.

&nbsp;&nbsp;&nbsp;&nbsp;(w) When-issued security.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| The following abbreviations are used in this report and are defined: | The following abbreviations are used in this report and are defined: |
| AAC | Ambac Assurance Corp. |
| AGM | Assured Guaranty Municipal |
| BAM | Build America Mutual |
| COP | Certificate of Participation |
| FHLMC | Federal Home Loan Mortgage Corp. |
| FNMA | Federal National Mortgage Assn. |
| GNMA | Government National Mortgage Assn. |
| NPFG | National Public Finance Guarantee Corp. |
| PSF | Permanent School Fund |

---

See attached supplemental information. For more information see notes to financial statements as disclosed in the most recent semiannual or annual report.

------

**Supplemental Information**

2/28/26 (unaudited)

The fund is an investment company and accordingly follows the investment company accounting and reporting guidance of the Financial

Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services - Investment Companies.

**(1) Investment Valuations**

Subject to its oversight, the fund's Board of Trustees has delegated primary responsibility for determining or causing to be determined the value of the fund's investments to MFS as the fund's adviser, pursuant to the fund's valuation policy and procedures which have been adopted by the adviser and approved by the Board. In accordance with Rule 2a-5 under the Investment Company Act of 1940, the Board of Trustees designated the adviser as the "valuation designee" of the fund. If the adviser, as valuation designee, determines that reliable market quotations are not readily available for an investment, the investment is valued at fair value as determined in good faith by the adviser in accordance with the adviser's fair valuation policy and procedures.

Under the fund's valuation policy and procedures, equity securities, including restricted equity securities, are generally valued at the last sale or official closing price on their primary market or exchange as provided by a third-party pricing service. Equity securities, for which there were no sales reported that day, are generally valued at the last quoted daily bid quotation on their primary market or exchange as provided

by a third-party pricing service. Debt instruments and floating rate loans, including restricted debt instruments, are generally valued at an

evaluated or composite bid as provided by a third-party pricing service. Short-term instruments with a maturity at issuance of 60 days or less

may be valued at amortized cost, which approximates market value. Open-end investment companies are generally valued at net asset value per share.

Under the fund's valuation policy and procedures, market quotations are not considered to be readily available for debt instruments, floating rate loans, and many types of derivatives. These investments are generally valued at fair value based on information from third-party pricing services or otherwise determined by the adviser in accordance with the adviser's fair valuation policy and procedures. Securities and other assets generally valued on the basis of information from a third-party pricing service may also be valued at a broker/dealer bid quotation. In determining values, third-party pricing services can utilize both transaction data and market information such as yield, quality, coupon rate, maturity, type of issue, trading characteristics, spreads and other market data. Pricing services generally value debt instruments assuming orderly transactions of institutional round lot sizes, but a fund may hold or transact in such securities in smaller, odd lot sizes. In instances where a fund holds an odd lot size position in a debt instrument, such position will typically be valued using the pricing agent's institutional round lot price for the debt instrument. Odd lots may trade at lower prices than institutional round lots, and the fund may receive different prices when it sells odd lot positions than it would receive for sales of institutional round lot positions. An investment may also be valued at fair value if the adviser determines that the investment's value has been materially affected by events occurring after the close of the exchange or market on which the investment is principally traded (such as foreign exchange or market) and prior to the determination of the fund's net asset value, or after the halt of trading of a specific security where trading does not resume prior to the close of the exchange or market on which the security is principally traded. The adviser generally relies on third-party pricing services or other information (such as the correlation with price movements of similar securities in the same or other markets; the type, cost and investment characteristics of the security; the business and financial condition of the issuer; and trading and other market data) to assist in determining whether to fair value and at what value to fair value an investment. The value of an investment for purposes of calculating the fund's net asset value can differ depending on the source and method used to determine value. When fair valuation is used, the value of an investment used to determine the fund's net asset value may differ from quoted or published prices for the same investment. There can be no assurance that the fund could obtain the fair value assigned to an investment if it were to sell the investment at the same time at which the fund determines its net

asset value per share.

Various inputs are used in determining the value of the fund's assets or liabilities. These inputs are categorized into three broad levels. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an investment's level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The fund's assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the investment. Level 1 includes unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 includes other significant observable market-based inputs (including quoted prices for similar securities, interest rates, prepayment speed, and credit risk). Level 3 includes significant unobservable inputs, which may include the adviser's own assumptions in determining the fair value of investments. The following is a summary of the levels used as of February 28, 2026 in valuing the fund's assets and liabilities:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Financial Instruments** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Municipal Bonds | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $113687903 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $113687903 |
| U.S. Corporate Bonds | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 76435 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 76435 |
| Investment Companies | &nbsp;&nbsp;&nbsp; 617779 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 617779 |
| Total | &nbsp;&nbsp;&nbsp; $617779 | &nbsp;&nbsp;&nbsp; $113764338 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $114382117 |

---

For further information regarding security characteristics, see the Portfolio of Investments.

------

*Supplemental Information (unaudited) – continued*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**(2) Investments in Affiliated Issuers**

An affiliated issuer may be considered one in which the fund owns 5% or more of the outstanding voting securities, or a company which is under common control. The following were affiliated issuers for the period ended February 28, 2026:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated Issuers** | **Beginning** <br>**Value**<br>| **Purchases** | **Sales** <br>**Proceeds**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Change in** <br>**Unrealized** <br>**Appreciation or** <br>**Depreciation**<br>| **Ending** <br>**Value**<br>|
| MFS Institutional Money Market Portfolio  | &nbsp;&nbsp; $1575816 | &nbsp;&nbsp; $3216574 | &nbsp;&nbsp; $4174551 | &nbsp;&nbsp; $98 | &nbsp;&nbsp; $(158)<br>| &nbsp;&nbsp; $617779<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Affiliated Issuers** | **Dividend** <br>**Income**<br>| **Capital Gain** <br>**Distributions**<br>|
| MFS Institutional Money Market Portfolio  | &nbsp;&nbsp; $21304 | &nbsp;&nbsp; $— |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** MFS INVESTMENT GRADE MUNICIPAL TRUST

- **b. Investment Company Act file number:** 811-05785

- **c. CIK number of Registrant:** 0000847411

- **d. LEI of Registrant:** TQV30XJRB3S7V50XRW52

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

  - **Street Address 1:** 111 HUNTINGTON AVENUE

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199

  - **Telephone number:** 617-954-5000

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

- **a. Name of Series:** MFS INVESTMENT GRADE MUNICIPAL TRUST

- **c. LEI of Series:** TQV30XJRB3S7V50XRW52

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

- **a. Date of fiscal year-end:** 2026-11-30

- **b. Date as of which information is reported:** 2026-02-28

**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:** $108966684.37

**Total Liabilities:** $37370688.42

**Net Assets:** $71595995.95

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -145.27000000 | **1-Year:** -3063.22000000 | **5-Year:** -13339.72000000 | **10-Year:** -30515.83000000 | **30-Year:** -20873.40000000

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

- **3-Month:** -91.77000000 | **1-Year:** -1080.35000000 | **5-Year:** -3510.83000000 | **10-Year:** -7349.74000000 | **30-Year:** -3912.54000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.16%                | 1.68%                | 2.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1658.17                | $-385158.61                                |
| Month 2  | $-77.21                  | $181782.80                                 |
| Month 3  | $43.40                   | $1184252.62                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 645918Z97<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    115000 | PA      | $115682.31    | 0.16%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hastings Campus Housing Finance Authority                                        | HASTINGS CAMPUS HSG FIN AUTH CA CAMPUS HSG REVENUE           | CUSIP: 418338AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $300618.86    | 0.42%             | 2061-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                 | CUSIP: 64972E5J4<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    505000 | PA      | $508812.70    | 0.71%             | 2058-11-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                        | CUSIP: 68450LGN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $512676.79    | 0.72%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Eastern Michigan University                                                      | ESTRN MICHIGAN UNIV REVENUES                                 | CUSIP: 276731C87<br>LEI: 549300K3C21R17LKDU63 | Long             | DBT              | MUN               | US        |    240000 | PA      | $214715.83    | 0.30%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080SMK7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    120000 | PA      | $120089.66    | 0.17%             | 2046-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035JEH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $276295.58    | 0.39%             | 2060-06-30      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH EDU REVENUE                       | CUSIP: 72177MUQ8<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    120000 | PA      | $91885.70     | 0.13%             | 2051-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505YL4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    230000 | PA      | $211136.60    | 0.29%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Unified School District No 60 Higley                             | MARICOPA CNTY AZ UNIF SCH DIST #60 COPS HIGLEY               | CUSIP: 56756QBG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $93704.05     | 0.13%             | 2047-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                        | WISCONSIN CENTER DIST WI TAX REVENUE                         | CUSIP: 976595FT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $97702.03     | 0.14%             | 2040-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE | CUSIP: 64542UHC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98952.47     | 0.14%             | 2060-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |     70279 | PA      | $71048.88     | 0.10%             | 2050-03-01      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035JFB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $369593.28    | 0.52%             | 2054-07-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603G86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $55345.69     | 0.08%             | 2053-05-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Colorado Science and Technology Park Metropolitan District No 1                  | COLORADO SCIENCE AND TECH PARK MET DIST NO 1                 | CUSIP: 19658CAS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80993.62     | 0.11%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ELT1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    380000 | PA      | $375778.73    | 0.52%             | 2045-09-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080VF5<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    115000 | PA      | $114001.49    | 0.16%             | 2039-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HSS5<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    140000 | PA      | $139494.26    | 0.19%             | 2042-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Savannah Georgia Convention Center Authority                                     | SAVANNAH GEORGIA CONVENTION CTR AUTH GA CONVENTION CTR HOTEL | CUSIP: 804828AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100253.01    | 0.14%             | 2061-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035JFS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $550723.91    | 0.77%             | 2054-10-01      | Variable      | 7.94%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SENIOR LIVING REVENUE                | CUSIP: 34061WAY0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    200000 | PA      | $186646.08    | 0.26%             | 2051-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Galveston County Municipal Utility District No 56                                | GALVESTON CNTY TX MUNI UTILITY DIST #56                      | CUSIP: 36423GHC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500053.20    | 0.70%             | 2047-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH COPS                             | CUSIP: 130493CL1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |     95000 | PA      | $96846.03     | 0.14%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI RETMNT FAC REVENUE                        | CUSIP: 74444VBV1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     15000 | PA      | $13140.14     | 0.02%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CDQ8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    260000 | PA      | $264228.77    | 0.37%             | 2044-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Denver Health & Hospital Authority                                               | DENVER CO HLTH & HOSP AUTH HLTHCARE REVENUE                  | CUSIP: 24918EEP1<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    120000 | PA      | $129269.21    | 0.18%             | 2055-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      1000 | PA      | $936.36       | 0.00%             | 2053-07-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                          | OMAHA NE ARPT AUTH                                           | CUSIP: 681725NK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $526122.20    | 0.73%             | 2049-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas State Technical College                                                    | TEXAS ST TECH CLG SYS FING SYS REVENUE                       | CUSIP: 88276RFL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $186450.71    | 0.26%             | 2054-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH STUDENT HSG REVENUE                      | CUSIP: 45471FAH4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    120000 | PA      | $121433.50    | 0.17%             | 2064-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YFV8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101005.70    | 0.14%             | 2055-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Science and Technology Park Metropolitan District No 1                  | COLORADO SCIENCE AND TECH PARK MET DIST NO 1                 | CUSIP: 19658CBC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $185468.53    | 0.26%             | 2054-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Denver City & County Housing Authority                                           | DENVER CO CITY & CNTY MF HSG REVENUE                         | CUSIP: 24917QBJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $298515.07    | 0.42%             | 2041-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                | TULSA CNTY OK INDL AUTH SENIOR LIVING CMNTY REVENUE          | CUSIP: 899530BA6<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1054923.87   | 1.47%             | 2045-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | MISSISSIPPI ST DEV BANK SPL OBLG                             | CUSIP: 60534TQH1<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |     90000 | PA      | $91497.11     | 0.13%             | 2040-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                              | RHODE ISLAND ST STUDENT LOAN AUTH LOAN REVENUE               | CUSIP: 762323CP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $388840.10    | 0.54%             | 2042-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 6459182D4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    225000 | PA      | $225289.44    | 0.31%             | 2043-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FT96<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101281.36    | 0.14%             | 2055-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| City of Venice FL                                                                | VENICE FL                                                    | CUSIP: 922687AE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100412.40    | 0.14%             | 2060-01-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Mt San Antonio Community College District                                        | MOUNT SAN ANTONIO CA CMNTY CLG DIST                          | CUSIP: 623040FV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $149455.29    | 0.21%             | 2028-08-01      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH HEALTH SVCS FACS LEASE REVENUE          | CUSIP: 452031AQ0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    230000 | PA      | $200631.44    | 0.28%             | 2050-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp                                                  | VERMONT ST STUDENT ASSISTANCECORP EDU LOAN REVENUE           | CUSIP: 92428CMW1<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    120000 | PA      | $119257.64    | 0.17%             | 2040-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Greene County Port Authority                                                     | GREENE CNTY OH PORT AUTH ECON DEV FACS REVENUE               | CUSIP: 39465WAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $155593.65    | 0.22%             | 2059-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505YJ9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    100000 | PA      | $93659.39     | 0.13%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $181657.08    | 0.25%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE            | CUSIP: 414009RR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $209582.60    | 0.29%             | 2052-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182QW9<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |     80000 | PA      | $75244.65     | 0.11%             | 2047-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                          | TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE   | CUSIP: 882667CM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $190094.78    | 0.27%             | 2043-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Norman Regional Hospital Authority                                               | NORMAN OK REGL HOSP AUTH HOSP REVENUE                        | CUSIP: 656178EK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $58395.29     | 0.08%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH HOTEL REVENUE                       | CUSIP: 71885JAB5<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    300000 | PA      | $179853.21    | 0.25%             | 2051-12-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PHX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $436028.12    | 0.61%             | 2042-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 15                                     | VILLAGE CDD NO 15 SPL ASSMNT REVENUE                         | CUSIP: 92708KAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100691.82    | 0.14%             | 2054-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FRE7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    280000 | PA      | $277859.37    | 0.39%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                         | AUSTIN TX ARPT SYS REVENUE                                   | CUSIP: 052398HW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $187597.01    | 0.26%             | 2052-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                            | DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE               | CUSIP: 26444CHB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $80143.99     | 0.11%             | 2048-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                            | DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE               | CUSIP: 26444CGZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75179.10     | 0.11%             | 2043-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                      | OHIO ST HSG FIN AGY RSDL MTGE REVENUE                        | CUSIP: 67756Q3N5<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    320000 | PA      | $321856.96    | 0.45%             | 2053-09-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| River Islands Public Financing Authority                                         | RIVER ISLANDS CA PUBLIC FING AUTH SPL TAX                    | CUSIP: 76827QGR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $217440.04    | 0.30%             | 2052-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                       | STAMFORD CT HSG AUTH                                         | CUSIP: 852640AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $221376.92    | 0.31%             | 2032-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647PB1<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |    135000 | PA      | $151409.17    | 0.21%             | 2044-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EDX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $159415.09    | 0.22%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Savannah Georgia Convention Center Authority                                     | SAVANNAH GEORGIA CONVENTION CTR AUTH GA CONVENTION CTR HOTEL | CUSIP: 804828AF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $166200.42    | 0.23%             | 2061-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    194000 | PA      | $194337.21    | 0.27%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Henrico County Economic Development Authority                                    | HENRICO CNTY VA ECON DEV AUTH RSDL CARE FAC REVENUE          | CUSIP: 42605QHN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $224567.08    | 0.31%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    160000 | PA      | $173097.70    | 0.24%             | 2055-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486E21<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    210000 | PA      | $210678.55    | 0.29%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grays Harbor County Public Hospital District No 2                                | GRAYS HARBOR CNTY WA PUBLIC HOSP DIST #2                     | CUSIP: 389610AE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $183959.20    | 0.26%             | 2048-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Vancouver WA                                                             | PORT VANCOUVER WA                                            | CUSIP: 735524QS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $430904.80    | 0.60%             | 2055-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FSQ9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    250000 | PA      | $263374.85    | 0.37%             | 2058-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Charleston Housing Authority/SC                                                  | CHARLESTON SC HSG AUTH REVENUE                               | CUSIP: 160340AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $196367.74    | 0.27%             | 2035-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Village of Romeoville IL                                                         | ROMEOVILLE IL REVENUE                                        | CUSIP: 77615NAW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $130000.33    | 0.18%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                     | NEW JERSEY ST HSG & MTGE FIN AGY MF CONDUIT REVENUE          | CUSIP: 646127FN5<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |    305504 | PA      | $336559.53    | 0.47%             | 2065-12-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                              | COLUMBUS OH REGL ARPT AUTH REVENUE                           | CUSIP: 199546DC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $543400.31    | 0.76%             | 2050-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SENIOR LIVING REVENUE                | CUSIP: 34061WBN3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    165000 | PA      | $123521.05    | 0.17%             | 2055-06-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                     | CHICAGO IL BRD OF EDU DEDICATED CAPITAL IMPT TAX             | CUSIP: 167510AA4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    555000 | PA      | $562306.08    | 0.79%             | 2046-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                          | KNOX CNTY TN HLTH EDUCTNL & HSG FAC BRD STUDENT HSG REVENUE  | CUSIP: 499526BK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $192343.37    | 0.27%             | 2064-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Montgomery County Water Control & Improvement District No 1                      | MONTGOMERY CNTY TX WC&ID #1                                  | CUSIP: 613715RW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1136204.51   | 1.59%             | 2043-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $251110.62    | 0.35%             | 2060-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Adams & Arapahoe Counties Joint School District 28J Aurora                       | ADAMS & ARAPAHOE CNTYS CO JT SCH DIST #28J AURORA COPS       | CUSIP: 005484DE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $156285.22    | 0.22%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 593340AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $273776.88    | 0.38%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1816000 | PA      | $1778659.41   | 2.48%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami Beach Health Facilities Authority                                          | MIAMI BEACH FL HLTH FACS AUTH                                | CUSIP: 593211FQ3<br>LEI: 549300MFT7I1HF5VL403 | Long             | DBT              | MUN               | US        |    440000 | PA      | $383561.20    | 0.54%             | 2051-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority Parking System Revenue     | PENNSYLVANIA ST ECON DEV FING AUTH PKG SYS REVENUE           | CUSIP: 70870EBY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $164377.95    | 0.23%             | 2044-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Vancouver Housing Authority                                                      | VANCOUVER WA HSG AUTH MF REVENUE                             | CUSIP: 92162PAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $170435.66    | 0.24%             | 2042-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Bellalago Educational Facilities Benefit District                                | BELLALAGO FL EDUCTNL FACS BENEFIT DIST CAPITAL IMPT REVENUE  | CUSIP: 078302AS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80085.27     | 0.11%             | 2030-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Alaska Municipal Bond Bank Authority                                             | ALASKA ST MUNI BOND BANK AUTH                                | CUSIP: 01179R6W8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $131930.25    | 0.18%             | 2050-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV REVENUES                   | CUSIP: 71781XCP6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    645000 | PA      | $652279.79    | 0.91%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EKQ2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    100000 | PA      | $96128.55     | 0.13%             | 2062-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $316393.71    | 0.44%             | 2042-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $253786.68    | 0.35%             | 2054-10-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp                                      | KENTUCKY ST HGR EDU STUDENT LOAN CORP                        | CUSIP: 49130NEX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $261790.10    | 0.37%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                            | DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE               | CUSIP: 26444CHA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $107190.44    | 0.15%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57585BMX3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104577.22    | 0.15%             | 2065-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BSX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $307371.27    | 0.43%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tomball Independent School District                                              | TOMBALL TX INDEP SCH DIST                                    | CUSIP: 889855YJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501393.20    | 0.70%             | 2043-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE        | CUSIP: 837031J79<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101088.92    | 0.14%             | 2056-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT REVENUE           | CUSIP: 93978LJQ0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102034.68    | 0.14%             | 2064-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Union County Hospital Facility Authority                                         | UNION CNTY OR HOSP FAC AUTH                                  | CUSIP: 906420CJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $157168.19    | 0.22%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Warren OH                                                              | WARREN CNTY OH HLTH CARE FACS REVENUE                        | CUSIP: 93515PEM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500358.75    | 0.70%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399SZ0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    120000 | PA      | $124864.81    | 0.17%             | 2064-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Municipal Utility District No 170                               | FORT BEND CNTY TX MUNI UTILITY DIST #170                     | CUSIP: 34683BHH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1100623.57   | 1.54%             | 2039-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Maricopa County Unified School District No 60 Higley                             | MARICOPA CNTY AZ UNIF SCH DIST #60 COPS HIGLEY               | CUSIP: 56756QBH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $656562.69    | 0.92%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indio Finance Authority                                                          | INDIO CA PUBLIC FING AUTH                                    | CUSIP: 45571LDS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126805.09    | 0.18%             | 2052-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FKT0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |     80000 | PA      | $71114.22     | 0.10%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807PW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101833.51    | 0.14%             | 2065-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EDW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101625.58    | 0.14%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080WP2<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    385000 | PA      | $389529.26    | 0.54%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lakes at Centerra Metropolitan District No 2                                     | LAKES AT CENTERRA MET DIST NO 2 COLO                         | CUSIP: 51207GAZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511119.50    | 0.71%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Memorial City Redevelopment Authority                                            | MEMORIAL CITY REDEVELOPMENT AUTH TX                          | CUSIP: 58602FAZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $385239.15    | 0.54%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YVM5<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102545.99    | 0.14%             | 2050-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                           | HARRIS CNTY-HOUSTON TX SPORTS AUTH REVENUE                   | CUSIP: 413890ER1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $77840.18     | 0.11%             | 2046-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EWP7<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106541.62    | 0.15%             | 2051-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU | CUSIP: 87638RKM8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    389506 | PA      | $341266.15    | 0.48%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                                                | ATLANTA GA DEV AUTH                                          | CUSIP: 04780NMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $115221.22    | 0.16%             | 2039-04-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                             | CUSIP: 13033DAF2<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1707603 | PA      | $69082.80     | 0.10%             | 2035-11-20      | Variable      | 0.80%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE             | CUSIP: 880443BS4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |    335000 | PA      | $338867.54    | 0.47%             | 2026-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA SMALL BUSINESS FING AUTH PRIV ACTIVITY REVENUE SR   | CUSIP: 928097AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $248024.33    | 0.35%             | 2052-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Collier County Industrial Development Authority                                  | COLLIER CNTY FL INDL DEV AUTH                                | CUSIP: 194641BC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $92305.03     | 0.13%             | 2054-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Syracuse Industrial Development Agency                                           | SYRACUSE NY INDL DEV AGY PILOT REVENUE                       | CUSIP: 87172NAY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $87697.95     | 0.12%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE        | CUSIP: 837031YW7<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    130000 | PA      | $131518.14    | 0.18%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Rapids Economic Development Corp                                           | GRAND RAPIDS MI ECON DEV CORP                                | CUSIP: 386246HK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $186469.99    | 0.26%             | 2060-11-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH FAC REVENUE                         | CUSIP: 45471CAZ1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    295000 | PA      | $297301.50    | 0.42%             | 2051-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH      | CUSIP: 546282H72<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    240000 | PA      | $240035.23    | 0.34%             | 2045-11-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                     | CHICAGO IL BRD OF EDU DEDICATED CAPITAL IMPT TAX             | CUSIP: 167510AM8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    100000 | PA      | $99852.50     | 0.14%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                     | CUSIP: 67884XCX3<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |    185000 | PA      | $188985.25    | 0.26%             | 2044-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSONCNTY TN HLTH & EDUCTNL FAC BRD  | CUSIP: 592114AD4<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |    234178 | PA      | $238421.00    | 0.33%             | 2048-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                                  | TEXAS ST DEPT OF HSG & CMNTY AFFAIRS                         | CUSIP: 88275FWY1<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |    435000 | PA      | $445325.94    | 0.62%             | 2053-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DFK3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    390000 | PA      | $421042.25    | 0.59%             | 2053-09-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MLF6<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    465000 | PA      | $474568.17    | 0.66%             | 2047-04-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YBX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $199738.77    | 0.28%             | 2054-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fishers Town Hall Building Corp                                                  | FISHERS TOWN HALL BLDG CORP IN LEASE RENT REVENUE            | CUSIP: 338042EM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $386885.45    | 0.54%             | 2063-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $206997.82    | 0.29%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver Health & Hospital Authority                                               | DENVER CO HLTH & HOSP AUTH HLTHCARE REVENUE                  | CUSIP: 24918EEJ5<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    425000 | PA      | $407545.80    | 0.57%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                  | PENNSYLVANIA HGR EDU ASSISTANCE AGY LOAN REVENUE             | CUSIP: 70878CAU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $164414.16    | 0.23%             | 2043-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Williamsburg Economic Development Authority                                      | WILLIAMSBURG VA ECON DEV AUTH STUDENT HSG REV                | CUSIP: 969671AU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $590740.42    | 0.83%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Pasco FL Solid Waste Disposal & Resource Recovery System Revenue       | PASCO CNTY FL SOL WST DISP & RESOURCE RECOVERY SYS           | CUSIP: 702538FQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $208324.14    | 0.29%             | 2056-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF MTGE REVENUE                | CUSIP: 64966TGV0<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103510.59    | 0.14%             | 2031-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035JGQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $775507.30    | 1.08%             | 2054-12-01      | Variable      | 5.78%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PXH3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    330000 | PA      | $287475.34    | 0.40%             | 2052-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE         | CUSIP: 292723CN1<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |    375000 | PA      | $397324.39    | 0.55%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FBL0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    325000 | PA      | $353635.56    | 0.49%             | 2053-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | KENTUCKY ST ECON DEV FIN AUTH                                | CUSIP: 49126KLC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $234917.22    | 0.33%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grays Harbor County Public Hospital District No 2                                | GRAYS HARBOR CNTY WA PUBLIC HOSP DIST #2                     | CUSIP: 389610AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $82543.72     | 0.12%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                  | CUSIP: 419794J45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $144577.08    | 0.20%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035JLA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1410409.47   | 1.97%             | 2054-10-01      | Variable      | 8.43%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                     | CUSIP: 67884XCW5<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |    185000 | PA      | $193280.38    | 0.27%             | 2041-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mississippi Home Corp                                                            | MISSISSIPPI ST HOME CORP SF MTGE REVENUE                     | CUSIP: 60535QJ92<br>LEI: 549300FFY35B829JR607 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002473.80   | 1.40%             | 2048-12-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                            | UTAH ST CHRT SCH FIN AUTH CHRT SCH REVENUE                   | CUSIP: 91754TTV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $145771.02    | 0.20%             | 2047-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Red River Education Finance Corp                                                 | RED RIVER EDU FIN CORP TX HGR EDU REVENUE                    | CUSIP: 756870BE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $160275.44    | 0.22%             | 2046-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                            | HAMILTON CNTY OH HLTH CARE REVENUE                           | CUSIP: 40727RDJ4<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102667.43    | 0.14%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 4521526M8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    475000 | PA      | $504389.96    | 0.70%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SENIOR LIVING REVENUE                     | CUSIP: 74443UBB8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    135000 | PA      | $135106.18    | 0.19%             | 2047-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    153000 | PA      | $147921.49    | 0.21%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                                 | LEE CNTY FL ARPT REVENUE                                     | CUSIP: 523470HZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $88771.91     | 0.12%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TSASC Inc/NY                                                                     | TSASC INC NY                                                 | CUSIP: 898526FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $387598.87    | 0.54%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                            | CUYAHOGA CNTY OH HOSP REVENUE                                | CUSIP: 2322655R5<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |    220000 | PA      | $204028.66    | 0.28%             | 2047-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH LEASE REVENUE                              | CUSIP: 63610FBL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $100202.29    | 0.14%             | 2051-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                      | OHIO ST HSG FIN AGY MF TAX-EXEMPT MTG-BACKED BONDS           | CUSIP: 67737RAE9<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    313567 | PA      | $340184.08    | 0.48%             | 2039-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                            | CUYAHOGA CNTY OH HOSP REVENUE                                | CUSIP: 2322655U8<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |    580000 | PA      | $574232.48    | 0.80%             | 2052-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE               | CUSIP: 392275FJ7<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |    475000 | PA      | $500826.75    | 0.70%             | 2048-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                    | MASSACHUSETTS ST EDUCTNL FING AUTH                           | CUSIP: 57563RUD9<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    130000 | PA      | $126394.09    | 0.18%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FYR9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    220000 | PA      | $209201.08    | 0.29%             | 2048-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TBT3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    170000 | PA      | $181340.80    | 0.25%             | 2053-11-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Hastings Campus Housing Finance Authority                                        | HASTINGS CAMPUS HSG FIN AUTH CA CAMPUS HSG REVENUE           | CUSIP: 418338AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $169129.72    | 0.24%             | 2061-07-01      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                         | CUSIP: 62620HGR7<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    245000 | PA      | $248453.45    | 0.35%             | 2064-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035JEM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $295900.42    | 0.41%             | 2060-06-30      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035JFG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $555186.73    | 0.78%             | 2054-06-15      | Variable      | 7.35%                 | No            |                  2 | On Loan: No      |
| Port New Orleans Board of Commissioners                                          | PORT NEW ORLEANS LA BRD OF COMMISSIONERS PORT FAC REVENUE    | CUSIP: 734782EC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105633.56    | 0.15%             | 2054-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH HOTEL REVENUE                       | CUSIP: 71885JAD1<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    100000 | PA      | $69428.81     | 0.10%             | 2057-12-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| TOLL ROAD INV PART II                                                            | Toll Road Investors Partnership II LP                        | CUSIP: 88948ABJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $76435.29     | 0.11%             | 2033-02-15      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Private Colleges & Universities Authority                                        | PRIV CLGS & UNIVS AUTH GA                                    | CUSIP: 74265L2K3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $582965.99    | 0.81%             | 2051-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080SML5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250127.90    | 0.35%             | 2056-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                      | CUSIP: 35833TAB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    357134 | PA      | $31438.81     | 0.04%             | 2041-07-25      | Variable      | 1.23%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     29000 | PA      | $29184.73     | 0.04%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority                                           | STATE PUBLIC SCH BLDG AUTH PA COLLEGE REV                    | CUSIP: 85732NBJ3<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |    110000 | PA      | $116691.62    | 0.16%             | 2044-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                       | MAINE ST FIN AUTH LOAN REVENUE                               | CUSIP: 56042TEG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $374681.37    | 0.52%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                     | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                      | CUSIP: 592190SX1<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106941.49    | 0.15%             | 2056-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035JEX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $211767.22    | 0.30%             | 2043-07-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Wyandotte County-Kansas City Unified Government Utility System Revenue           | WYANDOTTE CNTY/KANSAS CITY KS UNIF GOVT UTILITY SYS REVENUE  | CUSIP: 982674KF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $195098.73    | 0.27%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Syracuse Industrial Development Agency                                           | SYRACUSE NY INDL DEV AGY PILOT REVENUE                       | CUSIP: 87172NBC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $164555.75    | 0.23%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $331401.06    | 0.46%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358XGN6<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    355000 | PA      | $375280.40    | 0.52%             | 2052-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                     | CHICAGO IL BRD OF EDU DEDICATED CAPITAL IMPT TAX             | CUSIP: 167510BH8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |     85000 | PA      | $87593.55     | 0.12%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YGT6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    175000 | PA      | $178203.31    | 0.25%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Educational Facilities Authority                               | PALM BEACH CNTY FL EDUCTNL FACS AUTH                         | CUSIP: 696506AX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $119892.62    | 0.17%             | 2053-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57585BTF5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    100000 | PA      | $108159.74    | 0.15%             | 2049-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Pulaski County Public Facilities Board                                           | PULASKI CNTY AR PUBLIC FACS BRD HLTHCARE REVENUE             | CUSIP: 74540HAM6<br>LEI: 549300FW3F0WYTXI3E38 | Long             | DBT              | MUN               | US        |    120000 | PA      | $120108.43    | 0.17%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gulf Coast Industrial Development Authority                                      | GULF COAST TX INDL DEV AUTH                                  | CUSIP: 40220MAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250411.28    | 0.35%             | 2028-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505PL4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    100000 | PA      | $99628.60     | 0.14%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PL78<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     82000 | PA      | $42590.52     | 0.06%             | 2037-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                     | CHICAGO IL BRD OF EDU DEDICATED CAPITAL IMPT TAX             | CUSIP: 167510BJ4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    175000 | PA      | $186264.59    | 0.26%             | 2048-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BTC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $109973.77    | 0.15%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                             | TENNESSEE HSG DEV AGY RSDL FIN PROGRAM REVENUE               | CUSIP: 88046KES1<br>LEI: 25490004PSQYQLFJGI76 | Long             | DBT              | MUN               | US        |    450000 | PA      | $449431.11    | 0.63%             | 2053-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YDX6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    125000 | PA      | $89580.68     | 0.13%             | 2061-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Denver Convention Center Hotel Authority                                         | DENVER CO CONVENTION CENTER HOTEL AUTH REVENUE               | CUSIP: 249189DS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $120674.40    | 0.17%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS REVENUE                   | CUSIP: 56036YDH5<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    120000 | PA      | $121612.80    | 0.17%             | 2026-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH SENIOR LIVING REVENUE             | CUSIP: 72178AAJ1<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    140000 | PA      | $149958.19    | 0.21%             | 2057-11-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HLTHCARE SYS REVENUE                      | CUSIP: 74447GAB6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    420000 | PA      | $430389.58    | 0.60%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE | CUSIP: 64542UHJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100035.13    | 0.14%             | 2030-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $410470.86    | 0.57%             | 2057-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                        | CUSIP: 68450LJQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $251576.28    | 0.35%             | 2056-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH REVENUE                    | CUSIP: 696507VL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $107595.37    | 0.15%             | 2056-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | DALLAS TX SPL TAX REVENUE                                    | CUSIP: 235380AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $155204.45    | 0.22%             | 2053-08-15      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU | CUSIP: 87638RFS1<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |     60000 | PA      | $60056.86     | 0.08%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                      | CUSIP: 13059TBU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100015.40    | 0.14%             | 2045-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Alaska Housing Finance Corp                                                      | ALASKA ST HSG FIN CORP MTGE REVENUE                          | CUSIP: 01170RNT5<br>LEI: 549300HJ8NOJNYW6ER36 | Long             | DBT              | MUN               | US        |    270000 | PA      | $286524.32    | 0.40%             | 2052-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp/TN                                                                 | TENNERGY CORP TN GAS REVENUE                                 | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |    515000 | PA      | $561101.20    | 0.78%             | 2053-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                      | OSCEOLA CNTY FL TRANSPRTN REVENUE                            | CUSIP: 688031ES8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $67200.99     | 0.09%             | 2037-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349GW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $185684.69    | 0.26%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035JFM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $462325.92    | 0.65%             | 2058-12-01      | Variable      | 7.17%                 | No            |                  2 | On Loan: No      |
| Georgia Ports Authority                                                          | GEORGIA ST PORTS AUTH                                        | CUSIP: 373586HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $136983.56    | 0.19%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $502908.71    | 0.70%             | 2054-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                | NORTH CAROLINA ST TURNPIKE AUTH                              | CUSIP: 65830RDA4<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |    655000 | PA      | $669737.89    | 0.94%             | 2058-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JHM1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    100000 | PA      | $108974.87    | 0.15%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                       | MAINE ST FIN AUTH SOL WST DISP REVENUE                       | CUSIP: 56042CAY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104507.29    | 0.15%             | 2047-12-01      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS REVENUE                   | CUSIP: 56036YDK8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    250000 | PA      | $265489.03    | 0.37%             | 2028-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    278699 | PA      | $290413.57    | 0.41%             | 2036-09-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp                                                 | IOWA ST STUDENT LOAN LIQUIDITY CORP                          | CUSIP: 462590MT4<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    170000 | PA      | $139500.67    | 0.19%             | 2044-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                             | VIRGINIA BEACH VA DEV AUTH RSDL CARE FAC REVENUE             | CUSIP: 92774NBC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $312680.65    | 0.44%             | 2059-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH                                     | CUSIP: 92812WKY9<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |    920000 | PA      | $924035.12    | 1.29%             | 2065-08-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Jacksonville Public Educational Building Authority                               | JACKSONVILLE PUBLIC EDUCTNL BLDG AUTH                        | CUSIP: 469480AV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $119857.13    | 0.17%             | 2058-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Alaska Railroad Corp                                                             | ALASKA ST RAILROAD CORP CRUISE PORT REVENUE                  | CUSIP: 01176AAV5<br>LEI: 549300SM5ZU2HV31E004 | Long             | DBT              | MUN               | US        |    125000 | PA      | $130683.30    | 0.18%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                             | BERKS CNTY PA MUNI AUTH                                      | CUSIP: 084538JK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    254000 | PA      | $188158.86    | 0.26%             | 2044-06-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                        | WISCONSIN CENTER DIST WI TAX REVENUE                         | CUSIP: 976595GM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $227755.60    | 0.32%             | 2040-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $300466.18    | 0.42%             | 2036-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182QY5<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |     80000 | PA      | $72291.11     | 0.10%             | 2053-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH DOCK & WHARF FAC REVENUE         | CUSIP: 64578TAB0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104952.44    | 0.15%             | 2045-01-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                  | PENNSYLVANIA HGR EDU ASSISTANCE AGY LOAN REVENUE             | CUSIP: 70878CBJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     78000 | PA      | $75891.50     | 0.11%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Long Beach NY                                                            | LONG BEACH NY                                                | CUSIP: 542519ET6<br>LEI: 549300XH3OUOL3JO1O51 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252020.93    | 0.35%             | 2052-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FWU4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    365000 | PA      | $379714.39    | 0.53%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH                            | CUSIP: 69650MBB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $215125.95    | 0.30%             | 2055-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jarrell Independent School District                                              | JARRELL TX INDEP SCH DIST                                    | CUSIP: 471146YT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $533697.90    | 0.75%             | 2055-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593L59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $141279.46    | 0.20%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI PROJ REVENUE                              | CUSIP: 74444UAX0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    635000 | PA      | $673483.60    | 0.94%             | 2055-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YVN3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    150000 | PA      | $152266.32    | 0.21%             | 2056-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cuyahoga Metropolitan Housing Authority                                          | CUYAHOGA OH MET HSG AUTH REVENUE                             | CUSIP: 232394BM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $68810.60     | 0.10%             | 2031-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593Y48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $581404.54    | 0.81%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS WTR DEV BRD ST WTR IMPLEMENTATION REVENUE FUND         | CUSIP: 88285ABK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033752.80   | 1.44%             | 2057-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Bridgeview IL                                                         | BRIDGEVIEW IL                                                | CUSIP: 108555GG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $342870.73    | 0.48%             | 2036-12-01      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | OHIO ST HGR EDUCTNL FAC COMMISSION                           | CUSIP: 67756DS80<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |    105000 | PA      | $103450.90    | 0.14%             | 2054-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                         | CUSIP: 62620HHQ8<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    130000 | PA      | $134741.20    | 0.19%             | 2064-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584Y4U0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    145000 | PA      | $131554.08    | 0.18%             | 2052-07-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MFS Institutional Money Market Portfolio                                         | MFS Institutional Money Market Portfolio                     | CUSIP: 55291X109<br>LEI: 5L2W638H85N8T1136O07 | Long             | EC               | RF                | US        |    613750 | NS      | $613811.23    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JGF7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    305000 | PA      | $338781.95    | 0.47%             | 2056-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080SM84<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    130000 | PA      | $133779.27    | 0.19%             | 2057-08-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                             | CUSIP: 13033DAL9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    471378 | PA      | $500961.70    | 0.70%             | 2036-09-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593L67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75399.55     | 0.11%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver Health & Hospital Authority                                               | DENVER CO HLTH & HOSP AUTH HLTHCARE REVENUE                  | CUSIP: 24918EDA5<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |     95000 | PA      | $95044.79     | 0.13%             | 2045-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                    | MASSACHUSETTS ST EDUCTNL FING AUTH                           | CUSIP: 57563RTE9<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    250000 | PA      | $210377.75    | 0.29%             | 2052-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Medical Center Educational Building Corp                                         | MED CENTER MS EDUCTNL BLDG CORP                              | CUSIP: 584556HG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $541971.43    | 0.76%             | 2053-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                            | DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE               | CUSIP: 26444CHC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $85661.30     | 0.12%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Wichita KS                                                               | WICHITA KS HLTH CARE FACS REVENUE                            | CUSIP: 967249QD8<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100399.34    | 0.14%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                    | MIDDLEBURG HEIGHTS OH HOSP REVENUE                           | CUSIP: 596126DQ2<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |     90000 | PA      | $87795.47     | 0.12%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DV6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $497520.65    | 0.69%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    280000 | PA      | $271392.32    | 0.38%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                                                | ATLANTA GA DEV AUTH                                          | CUSIP: 04780NMY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    117000 | PA      | $106555.08    | 0.15%             | 2048-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA ST PUBLIC FACS AUTHREVENUE                         | CUSIP: 5463988B7<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    450000 | PA      | $455400.90    | 0.64%             | 2046-10-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Camden County Improvement Authority/The                                          | CAMDEN CNTY NJ IMPT AUTH SCH REVENUE                         | CUSIP: 13281PAD9<br>LEI: 549300UTQBT9ZE0QFB15 | Long             | DBT              | MUN               | US        |     95000 | PA      | $98236.81     | 0.14%             | 2062-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| George L Smith II Congress Center Authority                                      | GEO L SMITH II GA CONGRESS CTR AUTH                          | CUSIP: 37255MAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96267.56     | 0.13%             | 2054-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| County of Pulaski AR                                                             | PULASKI CNTY AR HOSP REVENUE                                 | CUSIP: 745392KL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $455329.46    | 0.64%             | 2053-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807BZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $243801.48    | 0.34%             | 2047-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Vermont Economic Development Authority                                           | VERMONT ST ECON DEV AUTH SOLID WST DISP REVENUE              | CUSIP: 924157AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102977.00    | 0.14%             | 2052-06-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH EDU REVENUE                         | CUSIP: 71885FDV6<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |     80000 | PA      | $79289.54     | 0.11%             | 2045-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                   | WAYNE CNTY MI ARPT AUTH REVENUE                              | CUSIP: 944514U89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $109448.53    | 0.15%             | 2050-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                 | TAMPA FL REVENUE                                             | CUSIP: 875231LF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $85107.74     | 0.12%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 574218Y98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $284370.44    | 0.40%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Clair County Community Unit School District No 187 Cahokia                    | SAINT CLAIR CNTY IL CMNTY UNIT SCH DIST #187 CAHOKIA         | CUSIP: 788550NA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $183703.73    | 0.26%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609B96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $204982.76    | 0.29%             | 2050-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Gunnison County Housing Authority                                                | GUNNISON CNTY CO HSG AUTH GEN REVENUE                        | CUSIP: 402884AY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $108801.02    | 0.15%             | 2059-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE             | CUSIP: 19645RA43<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75060.25     | 0.10%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                             | BERKS CNTY PA MUNI AUTH                                      | CUSIP: 084538JF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    106000 | PA      | $114339.71    | 0.16%             | 2034-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                          | KNOX CNTY TN HLTH EDUCTNL & HSG FAC BRD STUDENT HSG REVENUE  | CUSIP: 499526AT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $84662.70     | 0.12%             | 2059-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Rutherford County Health & Educational Facilities Board                          | RUTHERFORD CNTY TN HLTH & EDUCTNL FACS BRD STUDENT HSG REV   | CUSIP: 78324AAN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100260.85    | 0.14%             | 2065-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QSZ7<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    282745 | PA      | $301871.17    | 0.42%             | 2053-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| King County Housing Authority                                                    | KING CNTY WA HSG AUTH                                        | CUSIP: 494759TB9<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106175.74    | 0.15%             | 2045-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                  | CUSIP: 64578CBW0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    155000 | PA      | $155600.83    | 0.22%             | 2030-11-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YGG4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40004.61     | 0.06%             | 2033-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783Z58<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    315000 | PA      | $315332.42    | 0.44%             | 2061-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Niagara Area Development Corp                                                    | NIAGARA NY AREA DEV CORP REVENUE                             | CUSIP: 653541BK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $88063.21     | 0.12%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712D4D5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    325000 | PA      | $295267.60    | 0.41%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063DZ35<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    255000 | PA      | $266339.47    | 0.37%             | 2046-12-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTHCARE REVENUE        | CUSIP: 83704HAL1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105117.23    | 0.15%             | 2044-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Northlake Municipal Management District No 2                                     | NORTHLAKE TX MUNI MGMT DIST #2                               | CUSIP: 66649UBW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1133764.99   | 1.58%             | 2044-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH LEASE RENT REVENUE                      | CUSIP: 63610TAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $387161.12    | 0.54%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH ENVRNMNTL REVENUE                        | CUSIP: 455054BG0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    425000 | PA      | $430786.97    | 0.60%             | 2035-05-01      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CONFERENCE CENTER & HOTEL REVENUE         | CUSIP: 74445QDW7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    255000 | PA      | $198559.22    | 0.28%             | 2051-09-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Genesee County Funding Corp/The                                                  | GENESEE CNTY NY FUNDING CORP                                 | CUSIP: 371669AW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $283091.54    | 0.40%             | 2052-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily ML Certificates                                          | FEDERAL HOME LOAN MTGE CORP MULTICLASS MTGE PARTN CTFS GTD   | CUSIP: 3137HAAA4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    135842 | PA      | $142205.89    | 0.20%             | 2038-07-25      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $487846.15    | 0.68%             | 2054-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Cook County Community College District No 508                                    | COOK CNTY IL CMNTY CLG DIST #508                             | CUSIP: 213187DM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $459504.45    | 0.64%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                           | MAINE ST HLTH & HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 56042SBX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $367301.51    | 0.51%             | 2053-07-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency Homeowner Mortgage Revenue                     | NEW YORK ST MTGE AGY HOMEOWNER MTGE REVENUE                  | CUSIP: 64988YVB0<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |    130000 | PA      | $136291.05    | 0.19%             | 2038-10-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Michigan Technological University                                                | MICHIGAN ST TECH UNIV REVENUES                               | CUSIP: 594746QU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1740435.55   | 2.43%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PJY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003523.50   | 1.40%             | 2038-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP REVENUE            | CUSIP: 83703FLP5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    270000 | PA      | $272749.71    | 0.38%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ETX4<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012613.40   | 1.41%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DC46<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    700000 | PA      | $636012.72    | 0.89%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                    | MASSACHUSETTS ST EDUCTNL FING AUTH                           | CUSIP: 57563RSK6<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |     80000 | PA      | $54881.20     | 0.08%             | 2051-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    527000 | PA      | $188608.66    | 0.26%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 65000B7Y8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    105000 | PA      | $112333.39    | 0.16%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOSP REVENUE                              | CUSIP: 74442CBZ6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    700000 | PA      | $612571.12    | 0.86%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QUA9<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    185000 | PA      | $197639.27    | 0.28%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UHZ4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    100000 | PA      | $84153.19     | 0.12%             | 2051-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH EDUCTNL FACS REVENUE                        | CUSIP: 45470EDJ1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    145000 | PA      | $154882.82    | 0.22%             | 2053-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576HK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $271403.80    | 0.38%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    186860 | PA      | $190714.77    | 0.27%             | 2036-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647ME8<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |    290000 | PA      | $277448.92    | 0.39%             | 2053-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Del Webb Bexley Community Development District                                   | DEL WEBB BEXLEY CDD FL                                       | CUSIP: 245508AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101436.14    | 0.14%             | 2049-05-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE             | CUSIP: 19645RXM8<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    145000 | PA      | $145710.51    | 0.20%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FZK3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    115000 | PA      | $114525.71    | 0.16%             | 2055-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 57421CMM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $119894.93    | 0.17%             | 2056-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI MF AFFORDABLE HSG                         | CUSIP: 74448FAA9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    195000 | PA      | $203235.14    | 0.28%             | 2036-04-28      | Fixed         | 6.81%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                     | CUSIP: 67884XCN5<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |    165000 | PA      | $165277.35    | 0.23%             | 2057-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | ALLEGHENY CNTY PA HOSP DEV AUTH                              | CUSIP: 01728A3Z7<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |    555000 | PA      | $529195.55    | 0.74%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 4521526L0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    495000 | PA      | $535416.75    | 0.75%             | 2039-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Cumberland County Municipal Authority                                            | CUMBERLAND CNTY PA MUNI AUTH                                 | CUSIP: 230614UA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $111764.63    | 0.16%             | 2056-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035R4H4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $958722.16    | 1.34%             | 2055-10-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| City Of South Miami Health Facilities Authority Inc                              | S MIAMI FL HLTH FACS AUTH                                    | CUSIP: 838810EF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $323275.60    | 0.45%             | 2047-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency                                                      | CMFA SPL FIN AGY CA ESSENTIAL HSG REVENUE                    | CUSIP: 12574WAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $87683.94     | 0.12%             | 2056-08-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JGT4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    130000 | PA      | $139736.38    | 0.20%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA INDL DEV AUTH STUDENT HSG REVENUE                    | CUSIP: 04052VAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $379277.63    | 0.53%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Pompano Beach FL                                                         | POMPANO BEACH FL REVENUE                                     | CUSIP: 732203BJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $138654.62    | 0.19%             | 2056-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EEV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $288903.03    | 0.40%             | 2054-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yamhill County Hospital Authority                                                | YAMHILL CNTY OR HOSP AUTH                                    | CUSIP: 98464UAY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $133861.78    | 0.19%             | 2056-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                  | PENNSYLVANIA HGR EDU ASSISTANCE AGY LOAN REVENUE             | CUSIP: 70878CBT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    102000 | PA      | $105544.92    | 0.15%             | 2052-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PL37<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101640.11    | 0.14%             | 2061-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Grays Harbor County Public Hospital District No 2                                | GRAYS HARBOR CNTY WA PUBLIC HOSP DIST #2                     | CUSIP: 389610AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101850.07    | 0.14%             | 2038-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Doylestown Hospital Authority                                                    | DOYLESTOWN PA HOSP AUTH                                      | CUSIP: 261333HJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $111060.00    | 0.16%             | 2039-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PXG5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    195000 | PA      | $177967.51    | 0.25%             | 2047-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Everett Housing Authority/WA                                                     | EVERETT WA HSG AUTH REVENUE                                  | CUSIP: 30002GAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $302500.02    | 0.42%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                         | TEXAS ST TRANSPRTN COMMISSION ST HIGHWAY 249 SYS TOLL REV    | CUSIP: 88283NAZ5<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |    165000 | PA      | $166761.31    | 0.23%             | 2057-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Affordable Housing Tax-Exempt Bond Pass-Thru Trust                               | AFFORDABLE HSG TAX-EXEMPT BOND PASS-THRU TRUST               | CUSIP: 00832UAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    283052 | PA      | $289014.04    | 0.40%             | 2040-10-05      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TEV5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    265000 | PA      | $277180.46    | 0.39%             | 2056-05-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI LTD OBLIG GRANT REVENUE                   | CUSIP: 74446EAA4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    255000 | PA      | $186150.00    | 0.26%             | 2027-08-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Village of Lincolnshire IL                                                       | LINCOLNSHIRE IL SPL SVC AREA #1 SPL TAX                      | CUSIP: 535065AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100184.48    | 0.14%             | 2034-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DBV3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76819.49     | 0.11%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    750000 | PA      | $802556.33    | 1.12%             | 2053-02-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Town of Tisbury MA                                                               | TISBURY MA                                                   | CUSIP: 888240FZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $115881.67    | 0.16%             | 2047-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TPV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $225878.59    | 0.32%             | 2052-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Matagorda County Navigation District No 1                                        | MATAGORDA CNTY TX NAV DISRICT #1                             | CUSIP: 57652TAV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2107289.20   | 2.94%             | 2028-11-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486U64<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    405000 | PA      | $446657.33    | 0.62%             | 2046-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                               | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LKZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $408150.67    | 0.57%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $146251.83    | 0.20%             | 2058-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584X4P3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    100000 | PA      | $97759.19     | 0.14%             | 2057-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $355876.82    | 0.50%             | 2053-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV                  | CUSIP: 20774YW37<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    675000 | PA      | $677145.49    | 0.95%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080SEW0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    245000 | PA      | $245325.04    | 0.34%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA ST STWD CMNTYS DEV AUTH CLG HSG REVENUE           | CUSIP: 13081CAD0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100396.15    | 0.14%             | 2049-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Alaska Municipal Bond Bank Authority                                             | ALASKA ST MUNI BOND BANK AUTH                                | CUSIP: 01179R6V0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105844.71    | 0.15%             | 2045-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority Parking System Revenue     | PENNSYLVANIA ST ECON DEV FING AUTH PKG SYS REVENUE           | CUSIP: 70870ECB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $37323.97     | 0.05%             | 2049-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WBP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165153 | PA      | $159907.14    | 0.22%             | 2042-11-20      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| Denver City & County Housing Authority                                           | DENVER CO CITY & CNTY MF HSG REVENUE                         | CUSIP: 24917QBP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15500.19     | 0.02%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DIST OF COLUMBIA REVENUE                                     | CUSIP: 25483VE91<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106749.91    | 0.15%             | 2055-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE | CUSIP: 65821DYG0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    130000 | PA      | $110020.18    | 0.15%             | 2051-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG                  | CUSIP: 48504NBE8<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    435000 | PA      | $436472.26    | 0.61%             | 2054-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505TK2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    180000 | PA      | $170976.35    | 0.24%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PSG1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    155000 | PA      | $109275.00    | 0.15%             | 2056-06-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Kaufman County Fresh Water Supply District No 4A                                 | KAUFMAN CNTY TX FRESH WTR SPLY DIST #4A                      | CUSIP: 48618UEZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005229.10   | 1.40%             | 2045-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080SMJ0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    365000 | PA      | $365941.19    | 0.51%             | 2041-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    735000 | PA      | $789892.15    | 1.10%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008QAG4<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    250000 | PA      | $261841.50    | 0.37%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Pasco FL                                                               | PASCO CNTY FL CAPITAL IMPT CIGARETTE TAX ALLOCATION          | CUSIP: 70252AAX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $422222.42    | 0.59%             | 2054-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV CHRT SCH REVENUE           | CUSIP: 71780CBR0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    100000 | PA      | $98666.70     | 0.14%             | 2057-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP REVENUE                        | CUSIP: 64966WHK6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    165000 | PA      | $165976.06    | 0.23%             | 2053-02-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Mohegan Tribal Finance Authority                                                 | MOHEGAN TRIBAL CT FIN AUTH                                   | CUSIP: 608327AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $257057.03    | 0.36%             | 2045-02-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                     | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                      | CUSIP: 592190QZ8<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |    150000 | PA      | $157737.12    | 0.22%             | 2052-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EP Cimarron Ventanas PFC                                                         | EP CIMARRON VENTANAS PFC TX RSDL DEV REVENUE                 | CUSIP: 26879QAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $157950.69    | 0.22%             | 2039-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HOSP REVENUE                             | CUSIP: 45471AUE0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    495000 | PA      | $503521.62    | 0.70%             | 2052-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                             | BERKS CNTY PA MUNI AUTH                                      | CUSIP: 084538JH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    508000 | PA      | $485681.32    | 0.68%             | 2039-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Midcities Metropolitan District No 2                                             | MIDCITIES MET DIST #2 CO SPL REVENUE                         | CUSIP: 59564YAN9<br>LEI: 549300GUCDIZBGNZO679 | Long             | DBT              | MUN               | US        |    349000 | PA      | $332164.45    | 0.46%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH EDU REVENUE                         | CUSIP: 71885FEJ2<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |     80000 | PA      | $80006.96     | 0.11%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250DD3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    220000 | PA      | $51223.74     | 0.07%             | 2056-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YGU3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    205000 | PA      | $209581.55    | 0.29%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Norman Regional Hospital Authority                                               | NORMAN OK REGL HOSP AUTH HOSP REVENUE                        | CUSIP: 656178EJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $35997.85     | 0.05%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lehigh County Authority                                                          | LEHIGH CNTY AUTH WTR & SWR REVENUE                           | CUSIP: 524803AW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $651824.39    | 0.91%             | 2036-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                       | MARYLAND ST STADIUM AUTH REVENUE                             | CUSIP: 574296DT3<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |    630000 | PA      | $172236.52    | 0.24%             | 2053-05-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Salt Verde Financial Corp                                                        | SALT VERDE AZ FINANCIAL CORP SENIOR GAS REVENUE              | CUSIP: 79575EAR9<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |    795000 | PA      | $879933.83    | 1.23%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519DA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $801312.96    | 1.12%             | 2044-11-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    195000 | PA      | $203935.33    | 0.28%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Houston Higher Education Finance Corp                                            | HOUSTON TX HGR EDU FIN CORP UNUNIV REV                       | CUSIP: 44237QAJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $107933.93    | 0.15%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528U7K1<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    180000 | PA      | $188084.38    | 0.26%             | 2067-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ETB2<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |     75000 | PA      | $71098.16     | 0.10%             | 2062-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                             | HILLSBOROUGH CNTY FL INDL DEVAUTH HOSP REVENUE               | CUSIP: 43233AFD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $867623.70    | 1.21%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153DB2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    560000 | PA      | $592073.83    | 0.83%             | 2047-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PPB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $106581.35    | 0.15%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financing Authority                        | FLORIDA ST HGR EDUCTNL FACS FINANCIAL AUTH REVENUE           | CUSIP: 34073TKX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $90287.30     | 0.13%             | 2048-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TMP5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    570000 | PA      | $499691.93    | 0.70%             | 2042-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH RENTAL HSG REVENUE                  | CUSIP: 59465PFP8<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |    455000 | PA      | $458324.69    | 0.64%             | 2059-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399KB1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    445000 | PA      | $336855.30    | 0.47%             | 2057-01-01      | Fixed         | 5.10%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SENIOR LIVING REVENUE                     | CUSIP: 74443UBC6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     75000 | PA      | $73368.87     | 0.10%             | 2052-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                      | OSCEOLA CNTY FL TRANSPRTN REVENUE                            | CUSIP: 688031EX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $83131.65     | 0.12%             | 2042-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | OHIO ST HGR EDUCTNL FAC COMMISSION                           | CUSIP: 67756DE28<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |     70000 | PA      | $72867.49     | 0.10%             | 2042-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XF63<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |     80000 | PA      | $80883.44     | 0.11%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami OH                                                               | MIAMI CNTY OH HOSP FACS REVENUE                              | CUSIP: 593328FQ5<br>LEI: 549300YAYSF4ZQH3JU54 | Long             | DBT              | MUN               | US        |    405000 | PA      | $409211.19    | 0.57%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-27

**Name of Applicant:** MFS INVESTMENT GRADE MUNICIPAL TRUST

**Signature:** James Byrne

**Name of Signer:** James Byrne

**Title:** Assistant Treasurer