# EDGAR Filing Document

**Accession Number:** 0001469192
**File Stem:** 0001752724-25-152787
**Filing Date:** 2025-6
**Character Count:** 80569
**Document Hash:** 12ef39eced442aac81b6257e21a5f622
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-152787.hdr.sgml**: 20250624

**ACCESSION NUMBER**: 0001752724-25-152787

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250624

**DATE AS OF CHANGE**: 20250624

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEW YORK LIFE INVESTMENTS FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001469192

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22321
- **FILM NUMBER:** 251067587

**BUSINESS ADDRESS:**
- **STREET 1:** 51 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010
- **BUSINESS PHONE:** 212 576 7000

**MAIL ADDRESS:**
- **STREET 1:** 51 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MAINSTAY FUNDS TRUST
- **DATE OF NAME CHANGE:** 20090728

## Series and Classes Contracts Data

### NYLI MacKay Oregon Muni Fund (Series ID: S000085227)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000250187 | Class C      | ORTCX           |
| C000250188 | Class I      | ORTYX           |
| C000250189 | Class Z      | ORTFX           |
| C000250190 | Class A      | ORTBX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** NEW YORK LIFE INVESTMENTS FUNDS TRUST

- **b. Investment Company Act file number:** 811-22321

- **c. CIK number of Registrant:** 0001469192

- **d. LEI of Registrant:** 549300SQRLBSUG7RD002

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

  - **Street Address 1:** 51 Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

  - **Telephone number:** 212-576-7000

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

- **a. Name of Series:** NYLI MacKay Oregon Muni Fund

- **b. EDGAR series identifier (if any):** S000085227

- **c. LEI of Series:** 254900SY3X6SMA1AK481

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $287703534.54

**Total Liabilities:** $5403439.35

**Net Assets:** $282300095.19

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -44.92000000 | **1-Year:** -1652.96000000 | **5-Year:** -21299.20000000 | **10-Year:** -87897.51000000 | **30-Year:** -40921.46000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** -674.22000000 | **10-Year:** -9234.00000000 | **30-Year:** -3674.29000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000250188 | 0.91%                | -1.50%               | -0.64%               |
| Class ID C000250189 | 0.90%                | -1.42%               | -0.65%               |
| Class ID C000250190 | 0.89%                | -1.42%               | -0.76%               |
| Class ID C000250187 | 0.87%                | -1.55%               | -0.69%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-34827.98               | $2175014.22                                |
| Month 2  | $-531627.09              | $-4701503.64                               |
| Month 3  | $-881806.42              | $-1910910.84                               |

**Designated Index Information**

- **Index Name:** Bloomberg Municipal (1-15 Y)

- **Index Identifier:** LEH__LHMN6112

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Matching Fund Special Purpose Securitization Corp.                            | Matching Fund Special Purpose Securitization Corp., Series A                            | CUSIP: 57665NAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | VI        |   3630000 | PA      | $3591683.90   | 1.27%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Portland Community College District                                           | Portland Community College District                                                     | CUSIP: 736688NC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1363815.25   | 0.48%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clatsop County School District No. 30 Warrenton-Hammond                       | Clatsop County School District No. 30 Warrenton-Hammond, Series B                       | CUSIP: 182855FA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063845.20   | 0.38%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                          | Guam Power Authority, Series A                                                          | CUSIP: 400653LE9<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | GU        |    580000 | PA      | $591758.17    | 0.21%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland                                                              | Port of Portland, Series 27-A                                                           | CUSIP: 735240X24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4290000 | PA      | $4450409.11   | 1.58%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Beaverton                                                             | City of Beaverton                                                                       | CUSIP: 07556MFV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1760000 | PA      | $1863709.41   | 0.66%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Portland                                                              | City of Portland, Series A                                                              | CUSIP: 736742K22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1674556.95   | 0.59%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Clackamas & Yamhill Counties School District No. 88J               | Washington Clackamas & Yamhill Counties School District No. 88J, Series B               | CUSIP: 937440EL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2785000 | PA      | $2869889.86   | 1.02%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Deschutes County Administrative School District No. 1 Bend-La Pine            | Deschutes County Administrative School District No. 1 Bend-La Pine                      | CUSIP: 250325TB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $979978.30    | 0.35%             | 2029-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Nehalem Bay Health District                                                   | Nehalem Bay Health District, Series A                                                   | CUSIP: 64015DAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2655000 | PA      | $2727266.18   | 0.97%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clackamas & Washington Counties School District No. 3                         | Clackamas & Washington Counties School District No. 3                                   | CUSIP: 178882LZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3506530.30   | 1.24%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                               | State of Oregon, Series A                                                               | CUSIP: 68609TLP1<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3070956.60   | 1.09%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                   | Commonwealth of Puerto Rico                                                             | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   2019241 | PA      | $1239309.45   | 0.44%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                          | Oregon State Lottery, Series A                                                          | CUSIP: 68607V6B6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1073027.40   | 0.38%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Blue Mountain Community College District                                      | Blue Mountain Community College District                                                | CUSIP: 095743CU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    970000 | PA      | $970873.10    | 0.34%             | 2027-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Salem-Keizer School District No. 24J                                          | Salem-Keizer School District No. 24J, Series B                                          | CUSIP: 569203PH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2129595.40   | 0.75%             | 2035-06-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Marion County School District No. 103 Woodburn                                | Marion County School District No. 103 Woodburn                                          | CUSIP: 569280DC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001990.10   | 0.35%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Redmond Area Park & Recreation District                                       | Redmond Area Park & Recreation District                                                 | CUSIP: 757660AQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $708591.44    | 0.25%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon City School District No. 62                                            | Oregon City School District No. 62, Series B                                            | CUSIP: 179162GS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1363358.66   | 0.48%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Medford Hospital Facilities Authority                                         | Medford Hospital Facilities Authority, Series A                                         | CUSIP: 584283GW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $856854.82    | 0.30%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington & Multnomah Counties School District No. 48J                       | Washington & Multnomah Counties School District No. 48J, Series A                       | CUSIP: 938429W94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1082543.60   | 0.38%             | 2038-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County School District No. 35                                       | Clackamas County School District No. 35                                                 | CUSIP: 608479BF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065215.80   | 0.38%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marion County School District No. 1                                           | Marion County School District No. 1 Gervais                                             | CUSIP: 569133CW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1326639.00   | 0.47%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Union County Hospital Facility Authority                                      | Union County Hospital Facility Authority                                                | CUSIP: 906420BS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $139020.72    | 0.05%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                          | Guam Power Authority, Series A                                                          | CUSIP: 400653JK8<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | GU        |    770000 | PA      | $782074.29    | 0.28%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                          | Oregon State Lottery, Series A                                                          | CUSIP: 68607V5B7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1397617.78   | 0.50%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management - Institutional Shares                     | Dreyfus Government Cash Management - Institutional Shares                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   5526503 | NS      | $5526502.51   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson County School District No. 5 Ashland                                  | Jackson County School District No. 5 Ashland                                            | CUSIP: 467736EE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5970000 | PA      | $6111274.08   | 2.16%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                             | Territory of Guam, Series F                                                             | CUSIP: 40065NCN5<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |   1000000 | PA      | $1042599.40   | 0.37%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                               | State of Oregon, Series A                                                               | CUSIP: 68608UH90<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    750000 | PA      | $750000.00    | 0.27%             | 2025-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon Coast Community College District                                       | Oregon Coast Community College District                                                 | CUSIP: 68583NBS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1771081.65   | 0.63%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon City School District No. 62                                            | Oregon City School District No. 62, Series A                                            | CUSIP: 179162LB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $180758.24    | 0.06%             | 2028-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Washington County School District No. 13 Banks                                | Washington County School District No. 13 Banks, Series A                                | CUSIP: 938350FR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $564217.35    | 0.20%             | 2044-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Multnomah County School District No. 7 Reynolds                               | Multnomah County School District No. 7 Reynolds, Series A                               | CUSIP: 625574KF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1502750.25   | 0.53%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                             | Territory of Guam, Series F                                                             | CUSIP: 40065NCP0<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |   1000000 | PA      | $1050043.70   | 0.37%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsboro School District No. 1J                                              | Hillsboro School District No. 1J                                                        | CUSIP: 939307JB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3105000 | PA      | $3197717.78   | 1.13%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jackson County School District No. 5 Ashland                                  | Jackson County School District No. 5 Ashland                                            | CUSIP: 467736DV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1709662.63   | 0.61%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lebanon Rural Fire Protection District                                        | Lebanon Rural Fire Protection District                                                  | CUSIP: 522825BV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $579217.63    | 0.21%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lane County School District No. 4J Eugene                                     | Lane County School District No. 4J Eugene                                               | CUSIP: 515300SW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1111486.46   | 0.39%             | 2035-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tri-County Metropolitan Transportation District of Oregon                     | Tri-County Metropolitan Transportation District of Oregon, Series A                     | CUSIP: 89546RPS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3112356.60   | 1.10%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Union County Hospital Facility Authority                                      | Union County Hospital Facility Authority                                                | CUSIP: 906420CH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $982539.10    | 0.35%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Deschutes County Administrative School District No. 1 Bend-La Pine            | Deschutes County Administrative School District No. 1 Bend-La Pine                      | CUSIP: 250325TC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3040627.20   | 1.08%             | 2030-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Portland                                                              | City of Portland, Series A                                                              | CUSIP: 736742XZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $686206.20    | 0.24%             | 2029-06-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Northwest Regional Education Service District                                 | Northwest Regional Education Service District                                           | CUSIP: 667785DX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $643467.96    | 0.23%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Portland                                                              | City of Portland, Series A                                                              | CUSIP: 736742K63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3119555.70   | 1.11%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon City School District No. 62                                            | Oregon City School District No. 62, Series A                                            | CUSIP: 179162LC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $196360.76    | 0.07%             | 2029-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Polk Marion & Benton Counties School District No. 13J Central                 | Polk Marion & Benton Counties School District No. 13J Central                           | CUSIP: 731418MA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1515567.06   | 0.54%             | 2028-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Warm Springs Reservation Confederated Tribe                                   | Warm Springs Reservation Confederated Tribe, Series B                                   | CUSIP: 934312AN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1261219.92   | 0.45%             | 2034-11-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Oregon Coast Community College District                                       | Oregon Coast Community College District                                                 | CUSIP: 68583NCM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $388641.26    | 0.14%             | 2044-06-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                         | Puerto Rico Sales Tax Financing Corp., Series A-1                                       | CUSIP: 74529JPV1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1238000 | PA      | $1170281.03   | 0.41%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| City of Redmond                                                               | City of Redmond, Series B-1                                                             | CUSIP: 757657WS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1184864.36   | 0.42%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                               | State of Oregon, Series A                                                               | CUSIP: 68609UCE3<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2520963.30   | 0.89%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                                  | State of Oregon Department of Transportation, Series A                                  | CUSIP: 68607DUS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $956521.53    | 0.34%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                   | Commonwealth of Puerto Rico                                                             | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   2862714 | PA      | $1714050.18   | 0.61%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                             | Antonio B Won Pat International Airport Authority, Series A                             | CUSIP: 40064RFV6<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    200000 | PA      | $207915.60    | 0.07%             | 2039-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                               | State of Oregon, Series J                                                               | CUSIP: 68609UHS7<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1747026.93   | 0.62%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Union County Hospital Facility Authority                                      | Union County Hospital Facility Authority                                                | CUSIP: 906420BW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $522873.00    | 0.19%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Linn & Benton Counties School District No. 8J Greater Albany                  | Linn & Benton Counties School District No. 8J Greater Albany                            | CUSIP: 391554BS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2099556.71   | 0.74%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bend Metropolitan Park & Recreation District                                  | Bend Metropolitan Park & Recreation District                                            | CUSIP: 081645CH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1430394.68   | 0.51%             | 2027-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clatsop County School District No. 30 Warrenton-Hammond                       | Clatsop County School District No. 30 Warrenton-Hammond, Series B                       | CUSIP: 182855FC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1180526.21   | 0.42%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Union County Hospital Facility Authority                                      | Union County Hospital Facility Authority                                                | CUSIP: 906420BV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $693927.37    | 0.25%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Corbett Fire District No. 14                                                  | Corbett Fire District No. 14                                                            | CUSIP: 21814EAM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $414569.12    | 0.15%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metro                                                                         | Metro, Series A                                                                         | CUSIP: 59163PLV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1305707.57   | 0.46%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Housing & Community Services Department                       | State of Oregon, Series A                                                               | CUSIP: 686087H67<br>LEI: 549300N3PYWYJ0Z8N757 | Long             | DBT              | MUN               | US        |   2815000 | PA      | $2787156.84   | 0.99%             | 2051-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Clackamas County School District No. 12 North Clackamas                       | Clackamas County School District No. 12 North Clackamas, Series A                       | CUSIP: 179093HR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $2566853.40   | 0.91%             | 2041-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Oregon Coast Community College District                                       | Oregon Coast Community College District                                                 | CUSIP: 68583NCJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $210955.70    | 0.07%             | 2041-06-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Washington County School District No. 15 Forest Grove                         | Washington County School District No. 15 Forest Grove                                   | CUSIP: 938361PK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $677069.31    | 0.24%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsboro School District No. 1J                                              | Hillsboro School District No. 1J                                                        | CUSIP: 939307KL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $968937.86    | 0.34%             | 2040-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County School District No. 35                                       | Clackamas County School District No. 35                                                 | CUSIP: 608479BG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059129.50   | 0.38%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Warm Springs Reservation Confederated Tribe                                   | Warm Springs Reservation Confederated Tribe, Series B                                   | CUSIP: 934312AL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057369.10   | 0.37%             | 2032-11-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Linn Benton Community College District                                        | Linn Benton Community College District                                                  | CUSIP: 535769DX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1521894.22   | 0.54%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Medford Hospital Facilities Authority                                         | Medford Hospital Facilities Authority, Series A                                         | CUSIP: 584283GR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $528434.70    | 0.19%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chemeketa Community College District                                          | Chemeketa Community College District                                                    | CUSIP: 163597HH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011113.60   | 0.71%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                                  | State of Oregon Department of Transportation, Series A                                  | CUSIP: 68607DWQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1449138.63   | 0.51%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County School District No. 12 North Clackamas                       | Clackamas County School District No. 12 North Clackamas                                 | CUSIP: 179093KA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1147408.35   | 0.41%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salem-Keizer School District No. 24J                                          | Salem-Keizer School District No. 24J, Series B                                          | CUSIP: 569203PE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1222507.59   | 0.43%             | 2032-06-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon Health & Science University                                            | Oregon Health & Science University, Series B-2                                          | CUSIP: 685869HJ1<br>LEI: 549300XTWOAGON8L2G98 | Long             | DBT              | MUN               | US        |   4945000 | PA      | $5307392.35   | 1.88%             | 2046-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon Coast Community College District                                       | Oregon Coast Community College District                                                 | CUSIP: 68583NCK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $419011.12    | 0.15%             | 2042-06-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County School District No. 35                                       | Clackamas County School District No. 35                                                 | CUSIP: 608479BH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $790436.40    | 0.28%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northwest Regional Education Service District                                 | Northwest Regional Education Service District                                           | CUSIP: 667785DU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $545211.95    | 0.19%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Multnomah County School District No. 1 Portland                               | Multnomah County School District No. 1 Portland                                         | CUSIP: 625517PA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3276229.80   | 1.16%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                             | Antonio B Won Pat International Airport Authority, Series B                             | CUSIP: 40064RGP8<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    100000 | PA      | $104262.39    | 0.04%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Union County Hospital Facility Authority                                      | Union County Hospital Facility Authority                                                | CUSIP: 906420BT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $181157.32    | 0.06%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                             | Oregon State Facilities Authority, Series A                                             | CUSIP: 68608JWU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1157823.60   | 0.41%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Salem Hospital Facility Authority                                             | Salem Hospital Facility Authority, Series A                                             | CUSIP: 794458EH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2694560.70   | 0.95%             | 2041-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                           | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A                           | CUSIP: 745160UE9<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    900000 | PA      | $773954.01    | 0.27%             | 2042-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| City of Portland                                                              | City of Portland, Series A                                                              | CUSIP: 736754TF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3366890.10   | 1.19%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County Housing Authority                                            | Clackamas County Housing Authority, Series A                                            | CUSIP: 179032BB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000159.70   | 0.35%             | 2027-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                             | Oregon State Facilities Authority, Series A                                             | CUSIP: 68608JYJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1703213.50   | 0.60%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Curry County School District No. 1 Central Curry                              | Curry County School District No. 1 Central Curry, Series B                              | CUSIP: 153255CG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $528746.55    | 0.19%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metro                                                                         | Metro                                                                                   | CUSIP: 59163PMB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2272016.44   | 0.80%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                          | Oregon State Lottery, Series A                                                          | CUSIP: 68607V6F7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1118949.90   | 0.40%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Warm Springs Reservation Confederated Tribe                                   | Warm Springs Reservation Confederated Tribe, Series B                                   | CUSIP: 934312AP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $521570.20    | 0.18%             | 2036-11-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| City of Beaverton                                                             | City of Beaverton                                                                       | CUSIP: 07556MFW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1952176.43   | 0.69%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                             | Antonio B Won Pat International Airport Authority, Series B                             | CUSIP: 40064RGQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    150000 | PA      | $154840.79    | 0.05%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County School District No. 12 North Clackamas                       | Clackamas County School District No. 12 North Clackamas, Series B                       | CUSIP: 179093JM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3057550.50   | 1.08%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                          | Oregon State Lottery, Series A                                                          | CUSIP: 68607V6Q3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2352438.41   | 0.83%             | 2042-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington & Multnomah Counties School District No. 48J                       | Washington & Multnomah Counties School District No. 48J, Series A                       | CUSIP: 938429X28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $971317.05    | 0.34%             | 2039-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Tillamook & Yamhill Counties School District No. 101 Nestucca Valley          | Tillamook & Yamhill Counties School District No. 101 Nestucca Valley, Series B          | CUSIP: 886791CH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1326933.05   | 0.47%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Benton & Linn Counties Consolidated School District No. 509J & 509A Corvallis | Benton & Linn Counties Consolidated School District No. 509J & 509A Corvallis, Series A | CUSIP: 082744CZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1677334.48   | 0.59%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Umatilla Hospital District No. 1                                              | Umatilla Hospital District No. 1                                                        | CUSIP: 904190AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2216175.78   | 0.79%             | 2043-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                          | Guam Power Authority, Series A                                                          | CUSIP: 400653LC3<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | GU        |    500000 | PA      | $517296.85    | 0.18%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                               | State of Oregon, Series I                                                               | CUSIP: 68609UNC5<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1634700.80   | 0.58%             | 2034-12-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Marion & Linn Counties School District No. 29J North Santiam                  | Marion & Linn Counties School District No. 29J North Santiam                            | CUSIP: 568555CJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1259092.77   | 0.45%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GDB Debt Recovery Authority of Puerto Rico                                    | GDB Debt Recovery Authority of Puerto Rico                                              | CUSIP: 36829QAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    440185 | PA      | $425494.75    | 0.15%             | 2040-08-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Salem-Keizer School District No. 24J                                          | Salem-Keizer School District No. 24J, Series B                                          | CUSIP: 569203PF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1073431.80   | 0.38%             | 2033-06-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Pacific Communities Health District                                           | Pacific Communities Health District                                                     | CUSIP: 69413PAP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2089421.54   | 0.74%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tualatin Valley Water District                                                | Tualatin Valley Water District                                                          | CUSIP: 89855PDQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2082039.60   | 0.74%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Multnomah & Clackamas Counties School District No. 10JT Gresham-Barlow        | Multnomah & Clackamas Counties School District No. 10JT Gresham-Barlow, Series A        | CUSIP: 625482GV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2576202.75   | 0.91%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                               | State of Oregon, Series O                                                               | CUSIP: 68609BNC7<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004073.90   | 0.36%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Curry Health District                                                         | Curry Health District                                                                   | CUSIP: 231369BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $543258.09    | 0.19%             | 2036-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clackamas Community College District                                          | Clackamas Community College District, Series A                                          | CUSIP: 179390MS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1407621.45   | 0.50%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon Health & Science University                                            | Oregon Health & Science University, Series B                                            | CUSIP: 685869EM7<br>LEI: 549300XTWOAGON8L2G98 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1415638.56   | 0.50%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Eugene                                                                | City of Eugene, Series A                                                                | CUSIP: 298191M38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2289179.03   | 0.81%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pacific Communities Health District                                           | Pacific Communities Health District                                                     | CUSIP: 69413PAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1945000 | PA      | $1973814.98   | 0.70%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Business Development Commission                                  | Oregon State Business Development Commission, Series 232                                | CUSIP: 68609AAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6020150.40   | 2.13%             | 2040-12-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| Salem Hospital Facility Authority                                             | Salem Hospital Facility Authority, Series A                                             | CUSIP: 794458FK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1193303.73   | 0.42%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington & Clackamas Counties School District No. 23J Tigard-Tualatin       | Washington & Clackamas Counties School District No. 23J Tigard-Tualatin                 | CUSIP: 938395RN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2405000 | PA      | $2475821.48   | 0.88%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jackson County School District No. 5 Ashland                                  | Jackson County School District No. 5 Ashland                                            | CUSIP: 467736EF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2042284.00   | 0.72%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Multnomah County School District No. 1 Portland                               | Multnomah County School District No. 1 Portland                                         | CUSIP: 625517LF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1510454.22   | 0.54%             | 2037-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                             | Oregon State Facilities Authority, Series B                                             | CUSIP: 68608JZD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2255000 | PA      | $2404906.09   | 0.85%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                           | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series B                           | CUSIP: 745160TH4<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   2350000 | PA      | $2023276.92   | 0.72%             | 2042-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                   | Commonwealth of Puerto Rico, Series A-1                                                 | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   3742000 | PA      | $3189542.35   | 1.13%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oregon Coast Community College District                                       | Oregon Coast Community College District                                                 | CUSIP: 68583NCL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $286418.58    | 0.10%             | 2043-06-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                         | Puerto Rico Sales Tax Financing Corp., Series A-2                                       | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   4212000 | PA      | $3960476.63   | 1.40%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Coos County School District No. 9 Coos Bay                                    | Coos County School District No. 9 Coos Bay                                              | CUSIP: 21709EBC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1074948.10   | 0.38%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland                                                              | Port of Portland, Series 30-A                                                           | CUSIP: 7352404F7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8236540.00   | 2.92%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Benton & Linn Counties Consolidated School District No. 509J & 509A Corvallis | Benton & Linn Counties Consolidated School District No. 509J & 509A Corvallis, Series A | CUSIP: 082744CY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2081463.60   | 0.74%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Medford Hospital Facilities Authority                                         | Medford Hospital Facilities Authority, Series A                                         | CUSIP: 584283GS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1241033.61   | 0.44%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Linn & Benton Counties School District No. 8J Greater Albany                  | Linn & Benton Counties School District No. 8J Greater Albany                            | CUSIP: 391554BQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034005.20   | 0.37%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Housing & Community Services Department                       | State of Oregon Housing & Community Services Department, Series A                       | CUSIP: 686087T49<br>LEI: 549300N3PYWYJ0Z8N757 | Long             | DBT              | MUN               | US        |   5075000 | PA      | $5059710.55   | 1.79%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clackamas & Washington Counties School District No. 3                         | Clackamas & Washington Counties School District No. 3                                   | CUSIP: 178882MB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1117080.37   | 0.40%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Union County Hospital Facility Authority                                      | Union County Hospital Facility Authority                                                | CUSIP: 906420BU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $207724.42    | 0.07%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lebanon                                                               | City of Lebanon                                                                         | CUSIP: 522822JA4<br>LEI: 549300Y5CEQOKKG33019 | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1166200.65   | 0.41%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Multnomah County School District No. 1 Portland                               | Multnomah County School District No. 1 Portland, Series B                               | CUSIP: 625517EQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2970000 | PA      | $2977138.99   | 1.05%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Warm Springs Reservation Confederated Tribe                                   | Warm Springs Reservation Confederated Tribe, Series B                                   | CUSIP: 934312AQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3410000 | PA      | $3532553.35   | 1.25%             | 2039-11-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Metro                                                                         | Metro                                                                                   | CUSIP: 59163PMF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3025000 | PA      | $3449458.62   | 1.22%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                                  | State of Oregon, Series A                                                               | CUSIP: 68607DWR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2205207.08   | 0.78%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Curry Health District                                                         | Curry Health District                                                                   | CUSIP: 231369BA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $519990.08    | 0.18%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Deschutes County Administrative School District No. 1 Bend-La Pine            | Deschutes County Administrative School District No. 1 Bend-La Pine                      | CUSIP: 250325VR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4773278.50   | 1.69%             | 2045-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                               | State of Oregon, Series C                                                               | CUSIP: 68609UQL2<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1631001.60   | 0.58%             | 2044-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tillamook Bay Community College District                                      | Tillamook Bay Community College District, Series B                                      | CUSIP: 886792BQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1095126.50   | 0.39%             | 2036-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon City School District No. 62                                            | Oregon City School District No. 62, Series A                                            | CUSIP: 179162LA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $196270.62    | 0.07%             | 2027-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hillsboro School District No. 1J                                              | Hillsboro School District No. 1J                                                        | CUSIP: 939307JC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4010000 | PA      | $4122290.83   | 1.46%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily VRD Certificates                                            | FHLMC Multifamily VRD Certificates, Series ML-27                                        | CUSIP: 31350ADQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2994663 | PA      | $3101627.28   | 1.10%             | 2041-08-25      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                                  | State of Oregon Department of Transportation, Series A                                  | CUSIP: 68607DWN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4858910.55   | 1.72%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Benton                                                              | County of Benton                                                                        | CUSIP: 082805EA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $535868.00    | 0.19%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                               | State of Oregon, Series A                                                               | CUSIP: 68609UPC3<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1549548.36   | 0.55%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Molalla                                                               | City of Molalla, Series A                                                               | CUSIP: 608472CL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2280000 | PA      | $2142988.19   | 0.76%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland                                                              | Port of Portland, Series 30-A                                                           | CUSIP: 7352403W1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058629.90   | 0.38%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tri-County Metropolitan Transportation District of Oregon                     | Tri-County Metropolitan Transportation District of Oregon, Series A                     | CUSIP: 89546RNQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3975000 | PA      | $4079455.85   | 1.45%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Medford Hospital Facilities Authority                                         | Medford Hospital Facilities Authority, Series A                                         | CUSIP: 584283HB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1427250.40   | 0.51%             | 2045-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clatsop County School District No. 30 Warrenton-Hammond                       | Clatsop County School District No. 30 Warrenton-Hammond, Series B                       | CUSIP: 182855EZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1694747.77   | 0.60%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tualatin Valley Water District                                                | Tualatin Valley Water District                                                          | CUSIP: 89855PEQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051223.40   | 0.37%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Portland                                                              | City of Portland, Series A                                                              | CUSIP: 736742J99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1359964.75   | 0.48%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsboro School District No. 1J                                              | Hillsboro School District No. 1J                                                        | CUSIP: 939307JF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2045727.20   | 0.72%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clatsop County School District No. 1-C                                        | Clatsop County School District No. 1-C, Series B                                        | CUSIP: 182810BZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1290165.37   | 0.46%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santiam Canyon School District 129J                                           | Santiam Canyon School District 129J                                                     | CUSIP: 53577KAV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1248873.00   | 0.44%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon Coast Community College District                                       | Oregon Coast Community College District                                                 | CUSIP: 68583NCN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $438956.62    | 0.16%             | 2045-06-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Cannon Beach                                                          | City of Cannon Beach                                                                    | CUSIP: 137672FX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $774460.50    | 0.27%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tri-County Metropolitan Transportation District of Oregon                     | Tri-County Metropolitan Transportation District of Oregon, Series A                     | CUSIP: 89546RPR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2073665.20   | 0.73%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Portland                                                              | City of Portland, Series A                                                              | CUSIP: 736754RC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1839594.82   | 0.65%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metro                                                                         | Metro, Series A                                                                         | CUSIP: 59163PLL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2450352.52   | 0.87%             | 2033-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metro                                                                         | Metro                                                                                   | CUSIP: 59165CAP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $771156.75    | 0.27%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** NEW YORK LIFE INVESTMENTS FUNDS TRUST

**Signature:** Jack Benintende

**Name of Signer:** Jack Benintende

**Title:** Treasurer