# EDGAR Filing Document

**Accession Number:** 0001804196
**File Stem:** 0001410368-26-031789
**Filing Date:** 2026-3
**Character Count:** 532748
**Document Hash:** cf4021203a96cf48957de3ecfdff7be8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-031789.hdr.sgml**: 20260326

**ACCESSION NUMBER**: 0001410368-26-031789

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260326

**DATE AS OF CHANGE**: 20260326

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock ETF Trust II
- **CENTRAL INDEX KEY:** 0001804196

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23511
- **FILM NUMBER:** 26795960

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800 882 0052

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### iShares High Yield Muni Active ETF (Series ID: S000088410)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000254671 | iShares High Yield Muni Active ETF |  |

## Nport-Ex

January 31, 2026

2026 Quarterly Report <br>&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)<br>

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

---

| |
|:---|
| **BlackRock ETF Trust II** |
| • iShares High Yield Muni Active ETF \| HIMU \| Cboe BZX Exchange |

---

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

**Not FDIC Insured • May Lose Value • No Bank Guarantee**<br>

------

Schedule of Investments (unaudited)

January 31, 2026

**iShares High Yield Muni Active ETF** 

**(Percentages shown are based on Net Assets)**

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

---

| | | |
|:---|:---|:---|
| *Security* | <br>*Shares*<br>| *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Construction & Engineering — 0.1%** | **Construction & Engineering — 0.1%** |  |
| TimberHp By Go Lab, Inc.<sup>(a)</sup> | 751302 | &nbsp;&nbsp; $1720482 |
| **Total Common Stocks — 0.1%** <br>**(Cost: $1,290)** | **Total Common Stocks — 0.1%** <br>**(Cost: $1,290)** | &nbsp;&nbsp; 1720482 |

---

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

---

| | | |
|:---|:---|:---|
|  | *Par* <br>*(000)*<br>|  |
| **Corporate Bonds** | **Corporate Bonds** | **Corporate Bonds** |
| **Ground Transportation — 0.1%** | **Ground Transportation — 0.1%** | **Ground Transportation — 0.1%** |
| Brightline East LLC, 11.00%, 01/31/30<sup>(b)</sup> | $5494 | &nbsp;&nbsp; 1511954 |
| **Total Corporate Bonds — 0.1%** <br>**(Cost: $4,099,009)** | **Total Corporate Bonds — 0.1%** <br>**(Cost: $4,099,009)** | &nbsp;&nbsp; 1511954 |
| **Municipal Bonds** | **Municipal Bonds** | **Municipal Bonds** |
| **Alabama — 3.7%** | **Alabama — 3.7%** |  |
| &nbsp;&nbsp;&nbsp; Baldwin County Industrial Development Authority, RB, <br> Series A, AMT, 5.00%, 06/01/55<sup>(b)(c)</sup><br>| 6675 | &nbsp;&nbsp; 6821311 |
| Black Belt Energy Gas District, RB<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 01/01/54 | 4770 | &nbsp;&nbsp; 5105779 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 05/01/56 | 4855 | &nbsp;&nbsp; 5048936 |
| &nbsp;&nbsp;&nbsp; Series F, 5.50%, 11/01/53 | 1825 | &nbsp;&nbsp; 1929438 |
| &nbsp;&nbsp;&nbsp; Chelsea Park Cooperative District, SAB, 5.00%, <br> 05/01/48<br>| 895 | &nbsp;&nbsp; 884584 |
| &nbsp;&nbsp;&nbsp; County of Jefferson AL Sewer Revenue, Refunding <br> RB, 5.50%, 10/01/53<br>| 2230 | &nbsp;&nbsp; 2338913 |
| &nbsp;&nbsp;&nbsp; Energy Southeast A Cooperative District, RB, <br> Series B, 5.25%, 07/01/54<sup>(c)</sup><br>| 2065 | &nbsp;&nbsp; 2240440 |
| &nbsp;&nbsp;&nbsp; Hoover Industrial Development Board, RB, AMT, <br> Sustainability Bonds, 6.38%, 11/01/50<sup>(c)</sup><br>| 5620 | &nbsp;&nbsp; 6170210 |
| &nbsp;&nbsp;&nbsp; Lower Alabama Gas District, RB, Series A, 5.00%, <br> 09/01/46<br>| 5000 | &nbsp;&nbsp; 5278637 |
| MidCity Improvement District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 11/01/42 | 745 | &nbsp;&nbsp; 683014 |
| &nbsp;&nbsp;&nbsp; 4.75%, 11/01/49 | 795 | &nbsp;&nbsp; 700536 |
| Mobile County Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.00%, 06/01/54 | 19630 | &nbsp;&nbsp; 18882902 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 4.75%, 12/01/54 | 18250 | &nbsp;&nbsp; 16914969 |
| Southeast Energy Authority A Cooperative District, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/56<sup>(c)</sup> | 4200 | &nbsp;&nbsp; 4372434 |
| &nbsp;&nbsp;&nbsp; Series H, 5.00%, 11/01/35 | 13380 | &nbsp;&nbsp; 14435846 |
| &nbsp;&nbsp;&nbsp; Tuscaloosa County Industrial Development Authority, <br> Refunding RB, Series A, 5.25%, 05/01/44<sup>(b)</sup><br>| 1110 | &nbsp;&nbsp; 1116700 |
|  |  | &nbsp;&nbsp; 92924649 |
| **Alaska — 0.4%** | **Alaska — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; Alaska Housing Finance Corp., RB, S/F Housing, <br> (FHLMC, FNMA, GNMA), 5.00%, 12/01/54<br>| 7535 | &nbsp;&nbsp; 7640706 |
| &nbsp;&nbsp;&nbsp; Northern Tobacco Securitization Corp., Refunding RB, <br> CAB, Series B-2, 0.00%, 06/01/66<sup>(d)</sup><br>| 20425 | &nbsp;&nbsp; 2289953 |
|  |  | &nbsp;&nbsp; 9930659 |
| **Arizona — 1.6%** | **Arizona — 1.6%** |  |
| Arizona Industrial Development Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.10%, 01/01/55 | 4400 | &nbsp;&nbsp; 4417833 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/15/39 | 150 | &nbsp;&nbsp; 150926 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/49 | 1440 | &nbsp;&nbsp; 1306077 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/54 | 1110 | &nbsp;&nbsp; 985430 |
| &nbsp;&nbsp;&nbsp; Series B, 5.13%, 07/01/47 | 420 | &nbsp;&nbsp; 394290 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Arizona (continued)** | **Arizona (continued)** |  |
| &nbsp;&nbsp;&nbsp; Arizona Industrial Development Authority, <br> RB<sup>(b)</sup> (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 07/01/51 | 570 | &nbsp;&nbsp; $535611 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 5.00%, 07/01/45 | 1135 | &nbsp;&nbsp; 1040180 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 5.00%, 07/01/55 | 1215 | &nbsp;&nbsp; 1047808 |
| &nbsp;&nbsp;&nbsp; Arizona Industrial Development Authority, Refunding <br> RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 07/01/52 | 2970 | &nbsp;&nbsp; 2781369 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/26 | 175 | &nbsp;&nbsp; 175803 |
| &nbsp;&nbsp;&nbsp; Glendale Industrial Development Authority, RB, <br> 5.00%, 05/15/56<br>| 275 | &nbsp;&nbsp; 236251 |
| &nbsp;&nbsp;&nbsp; Industrial Development Authority of the County of <br> Pima, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 07/01/39 | 700 | &nbsp;&nbsp; 670914 |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/01/49 | 870 | &nbsp;&nbsp; 758333 |
| &nbsp;&nbsp;&nbsp; Industrial Development Authority of the County of <br> Pima, Refunding RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 06/15/51 | 6995 | &nbsp;&nbsp; 5328049 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/56 | 1255 | &nbsp;&nbsp; 978407 |
| &nbsp;&nbsp;&nbsp; La Paz County Industrial Development Authority, RB, <br> 5.88%, 06/15/48<sup>(b)</sup><br>| 1340 | &nbsp;&nbsp; 1257000 |
| &nbsp;&nbsp;&nbsp; Maricopa County Industrial Development Authority, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.38%, 10/01/29<sup>(b)</sup> | 4000 | &nbsp;&nbsp; 4263571 |
| &nbsp;&nbsp;&nbsp; 5.25%, 10/01/40<sup>(b)</sup> | 1255 | &nbsp;&nbsp; 1116589 |
| &nbsp;&nbsp;&nbsp; 5.50%, 10/01/51<sup>(b)</sup> | 1255 | &nbsp;&nbsp; 1004524 |
| &nbsp;&nbsp;&nbsp; Series A, 3.00%, 09/01/51 | 2995 | &nbsp;&nbsp; 2105809 |
| &nbsp;&nbsp;&nbsp; AMT, 4.00%, 10/15/47<sup>(b)</sup> | 3175 | &nbsp;&nbsp; 2699468 |
| Sierra Vista Industrial Development Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/34 | 150 | &nbsp;&nbsp; 153910 |
| &nbsp;&nbsp;&nbsp; 5.38%, 06/15/34 | 225 | &nbsp;&nbsp; 239819 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/44 | 1340 | &nbsp;&nbsp; 1258715 |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/15/44 | 545 | &nbsp;&nbsp; 560833 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/54 | 1485 | &nbsp;&nbsp; 1308385 |
| &nbsp;&nbsp;&nbsp; 6.30%, 06/15/54 | 890 | &nbsp;&nbsp; 914118 |
| &nbsp;&nbsp;&nbsp; 5.75%, 06/15/64 | 3100 | &nbsp;&nbsp; 2949507 |
|  |  | &nbsp;&nbsp; 40639529 |
| **Arkansas — 1.1%** | **Arkansas — 1.1%** |  |
| Arkansas Development Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 4.50%, 09/01/49<sup>(b)</sup> | 4855 | &nbsp;&nbsp; 4717495 |
| &nbsp;&nbsp;&nbsp; AMT, 4.75%, 09/01/49<sup>(b)</sup> | 8005 | &nbsp;&nbsp; 7838184 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 7.38%, 07/01/48<sup>(b)</sup> | 7700 | &nbsp;&nbsp; 8348389 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 5.70%, 05/01/53 | 2040 | &nbsp;&nbsp; 2073095 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, AMT, Sustainability Bonds, 6.88%, <br> 07/01/48<sup>(b)</sup><br>| 5100 | &nbsp;&nbsp; 5484739 |
|  |  | &nbsp;&nbsp; 28461902 |
| **California — 6.1%** | **California — 6.1%** |  |
| &nbsp;&nbsp;&nbsp; California Housing Finance Agency, RB, M/F Housing, <br> Series P-S, Subordinate, 8.00%, 07/01/67<sup>(b)(c)</sup><br>| 5905 | &nbsp;&nbsp; 5964150 |
| &nbsp;&nbsp;&nbsp; California Infrastructure & Economic Development <br> Bank, Refunding RB, AMT, Sustainability Bonds, <br> 12.00%, 01/01/65<sup>(b)(c)</sup><br>| 54380 | &nbsp;&nbsp; 40785000 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, ARB, AMT, <br> Senior Lien, 4.00%, 12/31/47<br>| 2560 | &nbsp;&nbsp; 2243867 |
| California Municipal Finance Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/01/34 | 275 | &nbsp;&nbsp; 287097 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 05/01/44 | 350 | &nbsp;&nbsp; 355003 |
| &nbsp;&nbsp;&nbsp; Series A, 5.75%, 05/01/54 | 435 | &nbsp;&nbsp; 436918 |
| &nbsp;&nbsp;&nbsp; Series A, 5.88%, 05/01/59 | 190 | &nbsp;&nbsp; 191749 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares High Yield Muni Active ETF** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **California (continued)** | **California (continued)** |  |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 6.10%, 12/01/37 | 3325 | &nbsp;&nbsp; $3365655 |
| &nbsp;&nbsp;&nbsp; Series B, 7.10%, 12/01/37 | 2875 | &nbsp;&nbsp; 2908486 |
| &nbsp;&nbsp;&nbsp; Series A-S, Subordinate, 8.00%, 09/01/55<sup>(b)(c)</sup> | 2390 | &nbsp;&nbsp; 2437640 |
| &nbsp;&nbsp;&nbsp; Series A-S, Subordinate, 8.13%, 08/01/56<sup>(b)(c)</sup> | 1450 | &nbsp;&nbsp; 1450860 |
| California Municipal Finance Authority, ST |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 09/01/44 | 325 | &nbsp;&nbsp; 331412 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 09/01/49 | 675 | &nbsp;&nbsp; 665731 |
| &nbsp;&nbsp;&nbsp; California Public Finance Authority, RB, Series A, <br> 6.38%, 06/01/59<sup>(b)</sup><br>| 7445 | &nbsp;&nbsp; 7108058 |
| California School Finance Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 7.00%, 06/01/54 | 1780 | &nbsp;&nbsp; 1623628 |
| &nbsp;&nbsp;&nbsp; Series B, 9.00%, 06/01/34 | 180 | &nbsp;&nbsp; 184209 |
| &nbsp;&nbsp;&nbsp; California Statewide Communities Development <br> Authority, RB, M/F Housing, Subordinate, 7.50%, <br> 03/01/68<sup>(b)(c)</sup><br>| 2990 | &nbsp;&nbsp; 3007365 |
| &nbsp;&nbsp;&nbsp; California Statewide Financing Authority, RB, <br> Series L, 0.00%, 06/01/55<sup>(b)(d)</sup><br>| 65000 | &nbsp;&nbsp; 3924966 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports, Refunding <br> ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.25%, 05/15/47 | 8000 | &nbsp;&nbsp; 8340347 |
| &nbsp;&nbsp;&nbsp; Series D, AMT, Subordinate, 4.00%, 05/15/51 | 16285 | &nbsp;&nbsp; 14409456 |
| &nbsp;&nbsp;&nbsp; CSCDA Community Improvement Authority, RB, M/F <br> Housing<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 3.00%, 09/01/56 | 5550 | &nbsp;&nbsp; 3777827 |
| &nbsp;&nbsp;&nbsp; Mezzanine Lien, 4.00%, 03/01/57 | 2465 | &nbsp;&nbsp; 1816881 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 4.00%, 07/01/56 | 1660 | &nbsp;&nbsp; 1265346 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 4.00%, 07/01/58 | 1405 | &nbsp;&nbsp; 871939 |
| &nbsp;&nbsp;&nbsp; Series B, Sustainability Bonds, 4.00%, 07/01/58 | 1585 | &nbsp;&nbsp; 848791 |
| &nbsp;&nbsp;&nbsp; Golden State Tobacco Securitization Corp., Refunding <br> RB, CAB, Series B-2, Subordinate, 0.00%, <br> 06/01/66<sup>(d)</sup><br>| 320380 | &nbsp;&nbsp; 33599180 |
| &nbsp;&nbsp;&nbsp; Hastings Campus Housing Finance Authority, RB, <br> CAB, Sub-Series A, Sustainability Bonds, 6.75%, <br> 07/01/61<sup>(b)(e)</sup><br>| 4420 | &nbsp;&nbsp; 2171260 |
| &nbsp;&nbsp;&nbsp; Inland Empire Tobacco Securitization Corp., RB, <br> Series C-1, 0.00%, 06/01/36<sup>(d)</sup><br>| 13205 | &nbsp;&nbsp; 6532449 |
| &nbsp;&nbsp;&nbsp; Rancho Mirage Community Facilities District, ST, <br> Series A, 5.00%, 09/01/49<br>| 1030 | &nbsp;&nbsp; 1035636 |
| &nbsp;&nbsp;&nbsp; San Diego County Regional Airport Authority, ARB, <br> Series B, AMT, Subordinate, 4.00%, 07/01/56<br>| 1965 | &nbsp;&nbsp; 1710421 |
|  |  | &nbsp;&nbsp; 153651327 |
| **Colorado — 5.3%** | **Colorado — 5.3%** |  |
| &nbsp;&nbsp;&nbsp; Aurora Crossroads Metropolitan District No <br> 2 Refunding GOL<sup>(e)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 12/01/55 | 9500 | &nbsp;&nbsp; 8494815 |
| &nbsp;&nbsp;&nbsp; 6.50%, 12/01/55 | 2450 | &nbsp;&nbsp; 2179607 |
| &nbsp;&nbsp;&nbsp; Banning Lewis Ranch Metropolitan District No. 8, <br> GOL, 4.88%, 12/01/51<sup>(b)</sup><br>| 2335 | &nbsp;&nbsp; 2067461 |
| &nbsp;&nbsp;&nbsp; Baseline Metropolitan District No. 1, GO, Series B, <br> Subordinate, 6.75%, 12/15/54<br>| 1780 | &nbsp;&nbsp; 1784420 |
| &nbsp;&nbsp;&nbsp; Canyons Metropolitan District No. 5, Refunding GOL, <br> Series B, Subordinate, 6.50%, 12/15/54<br>| 1625 | &nbsp;&nbsp; 1612590 |
| &nbsp;&nbsp;&nbsp; Cascade Ridge Metropolitan District, GOL, 5.00%, <br> 12/01/51<br>| 3000 | &nbsp;&nbsp; 2605284 |
| &nbsp;&nbsp;&nbsp; Centerra Metropolitan District No. 1, TA, 5.00%, <br> 12/01/47<sup>(b)</sup><br>| 820 | &nbsp;&nbsp; 806845 |
| &nbsp;&nbsp;&nbsp; Colorado Educational & Cultural Facilities Authority, <br> RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Senior Lien, 6.88%, 02/01/59 | 4800 | &nbsp;&nbsp; 5045290 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Colorado (continued)** | **Colorado (continued)** |  |
| &nbsp;&nbsp;&nbsp; Colorado Educational & Cultural Facilities Authority, <br> RB<sup>(b)</sup> (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, Subordinate Lien, 8.50%, 02/01/59 | $14950 | &nbsp;&nbsp; $16876587 |
| &nbsp;&nbsp;&nbsp; Colorado Educational & Cultural Facilities Authority, <br> Refunding RB, 4.00%, 12/01/30<sup>(b)</sup><br>| 540 | &nbsp;&nbsp; 526922 |
| Colorado Health Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 11/01/47 | 780 | &nbsp;&nbsp; 821398 |
| &nbsp;&nbsp;&nbsp; 5.25%, 11/01/52 | 1630 | &nbsp;&nbsp; 1667460 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/35 | 1255 | &nbsp;&nbsp; 1197056 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/44 | 1415 | &nbsp;&nbsp; 1163632 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/49 | 2175 | &nbsp;&nbsp; 1657952 |
| &nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority, Refunding RB, <br> Series A, 3.00%, 11/15/51<br>| 24210 | &nbsp;&nbsp; 17359877 |
| &nbsp;&nbsp;&nbsp; Constitution Heights Metropolitan District, Refunding <br> GOL, 5.00%, 12/01/49<br>| 1242 | &nbsp;&nbsp; 1169768 |
| &nbsp;&nbsp;&nbsp; Copperleaf Metropolitan District No. 5, Refunding <br> GOL<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 6.25%, 12/01/45 | 1050 | &nbsp;&nbsp; 1066867 |
| &nbsp;&nbsp;&nbsp; Series A, 6.50%, 12/01/55 | 1470 | &nbsp;&nbsp; 1489369 |
| &nbsp;&nbsp;&nbsp; Creekwalk Marketplace Business Improvement <br> District, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 6.00%, 12/01/54 | 6560 | &nbsp;&nbsp; 6543826 |
| &nbsp;&nbsp;&nbsp; Series B, 8.00%, 12/15/54 | 1710 | &nbsp;&nbsp; 1700337 |
| &nbsp;&nbsp;&nbsp; Eagle Brook Meadows Metropolitan District No. 3, <br> GOL, Series 2021, 5.00%, 12/01/51<br>| 1600 | &nbsp;&nbsp; 1483601 |
| &nbsp;&nbsp;&nbsp; Elbert County Independence Water & Sanitation <br> District, Refunding RB, 5.13%, 12/01/33<br>| 700 | &nbsp;&nbsp; 731170 |
| &nbsp;&nbsp;&nbsp; Four Corners Business Improvement District, GOL, <br> 6.00%, 12/01/52<br>| 2000 | &nbsp;&nbsp; 2013610 |
| &nbsp;&nbsp;&nbsp; Gold Hill North Business Improvement District, GOL, <br> Series A, 5.60%, 12/01/54<sup>(b)</sup><br>| 1100 | &nbsp;&nbsp; 1083293 |
| &nbsp;&nbsp;&nbsp; Green Valley Ranch East Metropolitan District No <br> 9 GOL, Series A, 6.50%, 12/01/55<sup>(e)</sup><br>| 1450 | &nbsp;&nbsp; 1161231 |
| &nbsp;&nbsp;&nbsp; Green Valley Ranch East Metropolitan District No. 6, <br> GOL, Series A, 5.88%, 12/01/50<br>| 2615 | &nbsp;&nbsp; 2645779 |
| &nbsp;&nbsp;&nbsp; Haymeadow Metropolitan District No. 1, GOL, <br> Series A, 6.13%, 12/01/54<br>| 1625 | &nbsp;&nbsp; 1663982 |
| &nbsp;&nbsp;&nbsp; Home Place Metropolitan District, GOL, Series A, <br> 5.75%, 12/01/50<br>| 2336 | &nbsp;&nbsp; 2352050 |
| &nbsp;&nbsp;&nbsp; Horizon Metropolitan District No. 2, GOL, 4.50%, <br> 12/01/51<sup>(b)</sup><br>| 1675 | &nbsp;&nbsp; 1308154 |
| &nbsp;&nbsp;&nbsp; Independence Metropolitan District No. 3, GOL, <br> Series B, Subordinate, 7.13%, 12/15/54<br>| 654 | &nbsp;&nbsp; 652018 |
| &nbsp;&nbsp;&nbsp; Independence Metropolitan District No. 3, Refunding <br> GOL, Series A, 5.38%, 12/01/54<br>| 2219 | &nbsp;&nbsp; 2208387 |
| &nbsp;&nbsp;&nbsp; Jefferson Center Metropolitan District No. 1, RB, <br> Series A-2, 4.38%, 12/01/47<br>| 1000 | &nbsp;&nbsp; 910977 |
| &nbsp;&nbsp;&nbsp; Lanterns Metropolitan District No. 2, GOL, Series A, <br> 4.50%, 12/01/50<br>| 1810 | &nbsp;&nbsp; 1393300 |
| &nbsp;&nbsp;&nbsp; Longs Peak Metropolitan District, GOL, 5.25%, <br> 12/01/51<sup>(b)</sup><br>| 8250 | &nbsp;&nbsp; 8017492 |
| &nbsp;&nbsp;&nbsp; Loretto Heights Community Authority, RB, 4.88%, <br> 12/01/51<br>| 2640 | &nbsp;&nbsp; 2077885 |
| &nbsp;&nbsp;&nbsp; North Range Metropolitan District No. 3, GOL, <br> Series A, 5.25%, 12/01/50<br>| 1000 | &nbsp;&nbsp; 1002315 |
| &nbsp;&nbsp;&nbsp; Orchard Park Place South Metropolitan District, GOL, <br> 6.00%, 12/01/54<sup>(b)</sup><br>| 3000 | &nbsp;&nbsp; 2956259 |
| &nbsp;&nbsp;&nbsp; Palisade Metropolitan District No. 2, Refunding RB, <br> CAB, Series B, Convertible, 5.88%, 12/15/54<sup>(b)(e)</sup><br>| 2595 | &nbsp;&nbsp; 2481128 |
| &nbsp;&nbsp;&nbsp; Piney Lake Trails Metropolitan District No 1 GOL, <br> Series A, 5.88%, 12/01/55<br>| 790 | &nbsp;&nbsp; 791754 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares High Yield Muni Active ETF** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Colorado (continued)** | **Colorado (continued)** |  |
| &nbsp;&nbsp;&nbsp; Poudre Heights Valley Metropolitan District, GOL, <br> Series A, 5.50%, 12/01/54<sup>(b)</sup><br>| 975 | &nbsp;&nbsp; $915107 |
| &nbsp;&nbsp;&nbsp; Prairie Farm Metropolitan District, GOL, Series A, <br> 5.25%, 12/01/48<br>| 1207 | &nbsp;&nbsp; 1190596 |
| &nbsp;&nbsp;&nbsp; Redtail Ridge Metropolitan District, GOL, CAB, <br> 0.00%, 12/01/32<sup>(d)</sup><br>| 12227 | &nbsp;&nbsp; 7781872 |
| &nbsp;&nbsp;&nbsp; Reunion Metropolitan District, RB, Series A, 3.63%, <br> 12/01/44<br>| 1409 | &nbsp;&nbsp; 1047539 |
| &nbsp;&nbsp;&nbsp; Riverpark Metropolitan District/Arapahoe County, <br> GOL<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 12/01/42 | 650 | &nbsp;&nbsp; 665630 |
| &nbsp;&nbsp;&nbsp; 6.38%, 12/01/54 | 1000 | &nbsp;&nbsp; 1019134 |
| &nbsp;&nbsp;&nbsp; Sojourn at Idlewild Metropolitan District, GOL, <br> Series A, 6.13%, 12/01/55<sup>(b)</sup><br>| 1000 | &nbsp;&nbsp; 1025217 |
| &nbsp;&nbsp;&nbsp; St Vrain Lakes Metropolitan District No.4, GOL, <br> Series A, 6.75%, 09/20/54<sup>(b)(e)</sup><br>| 2700 | &nbsp;&nbsp; 1967060 |
| &nbsp;&nbsp;&nbsp; Waters' Edge Metropolitan District No. 2, GOL, <br> 5.00%, 12/01/51<br>| 2595 | &nbsp;&nbsp; 2402883 |
| &nbsp;&nbsp;&nbsp; Westcreek Metropolitan District No. 2, GOL, Series A, <br> 5.38%, 12/01/48<br>| 778 | &nbsp;&nbsp; 765055 |
|  |  | &nbsp;&nbsp; 133551841 |
| **Connecticut — 0.7%** | **Connecticut — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Connecticut State Health & Educational Facilities <br> Authority, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/45<sup>(b)</sup> | 845 | &nbsp;&nbsp; 758103 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/55<sup>(b)</sup> | 1500 | &nbsp;&nbsp; 1249733 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 5.38%, 07/01/54 | 2915 | &nbsp;&nbsp; 2798586 |
| &nbsp;&nbsp;&nbsp; Mohegan Tribal Finance Authority, RB, 7.00%, <br> 02/01/45<sup>(b)</sup><br>| 10165 | &nbsp;&nbsp; 10250694 |
| Stamford Housing Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 6.50%, 10/01/55 | 1325 | &nbsp;&nbsp; 1352757 |
| &nbsp;&nbsp;&nbsp; Series A, 6.25%, 10/01/60 | 920 | &nbsp;&nbsp; 921373 |
|  |  | &nbsp;&nbsp; 17331246 |
| **Delaware — 0.3%** | **Delaware — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Affordable Housing Opportunities Trust, RB, <br> Series AH-01, Class B, 6.88%, 05/01/39<sup>(b)</sup><br>| 3600 | &nbsp;&nbsp; 3670608 |
| &nbsp;&nbsp;&nbsp; County of Kent Delaware, RB, Series A, 5.00%, <br> 07/01/53<br>| 1000 | &nbsp;&nbsp; 917645 |
| Town of Bridgeville Delaware, ST<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/01/44 | 135 | &nbsp;&nbsp; 135691 |
| &nbsp;&nbsp;&nbsp; 5.63%, 07/01/53 | 1595 | &nbsp;&nbsp; 1605027 |
| Town of Milton Delaware, ST<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 09/01/44 | 600 | &nbsp;&nbsp; 607296 |
| &nbsp;&nbsp;&nbsp; 5.95%, 09/01/53 | 1000 | &nbsp;&nbsp; 1009652 |
|  |  | &nbsp;&nbsp; 7945919 |
| **District of Columbia — 1.5%** | **District of Columbia — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Tobacco Settlement Financing <br> Corp., RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 0.00%, 06/15/46 | 61960 | &nbsp;&nbsp; 14496044 |
| &nbsp;&nbsp;&nbsp; Series B, 0.00%, 06/15/46 | 43620 | &nbsp;&nbsp; 9812031 |
| &nbsp;&nbsp;&nbsp; Series C, 0.00%, 06/15/55 | 57200 | &nbsp;&nbsp; 5761773 |
| &nbsp;&nbsp;&nbsp; District of Columbia Tobacco Settlement Financing <br> Corp., Refunding RB, 6.75%, 05/15/40<br>| 275 | &nbsp;&nbsp; 284102 |
| &nbsp;&nbsp;&nbsp; District of Columbia, RB, Series A, AMT, Sustainability <br> Bonds, 5.50%, 02/28/37<br>| 880 | &nbsp;&nbsp; 1020801 |
| District of Columbia, Refunding RB, 5.00%, 06/01/46 | 2205 | &nbsp;&nbsp; 2148891 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **District of Columbia (continued)** | **District of Columbia (continued)** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Dulles Toll <br> Road Revenue, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 2nd Lien, (AGM), 0.00%, 10/01/30<sup>(d)</sup> | 3005 | &nbsp;&nbsp; $2625340 |
| &nbsp;&nbsp;&nbsp; Series B, Subordinate, 4.00%, 10/01/49 | 2170 | &nbsp;&nbsp; 1900050 |
|  |  | &nbsp;&nbsp; 38049032 |
| **Florida — 15.8%** | **Florida — 15.8%** |  |
| &nbsp;&nbsp;&nbsp; Alachua County Health Facilities Authority, RB, <br> 4.00%, 12/01/49<br>| 2560 | &nbsp;&nbsp; 2235049 |
| &nbsp;&nbsp;&nbsp; Alachua County Housing Finance Authority, RB, M/F <br> Housing, Series A, 6.30%, 07/01/55<sup>(b)(c)</sup><br>| 1250 | &nbsp;&nbsp; 1313824 |
| Angeline Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/45 | 515 | &nbsp;&nbsp; 520362 |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/01/56 | 1340 | &nbsp;&nbsp; 1342712 |
| &nbsp;&nbsp;&nbsp; Antillia Community Development District, SAB, <br> 5.60%, 05/01/44<br>| 500 | &nbsp;&nbsp; 511978 |
| Ave Maria Stewardship Community District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/01/51 | 135 | &nbsp;&nbsp; 109082 |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/01/52 | 250 | &nbsp;&nbsp; 200487 |
| &nbsp;&nbsp;&nbsp; 5.60%, 05/01/56 | 1265 | &nbsp;&nbsp; 1250107 |
| &nbsp;&nbsp;&nbsp; Babcock Ranch Community Independent Special <br> District, SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/01/50 | 105 | &nbsp;&nbsp; 89266 |
| &nbsp;&nbsp;&nbsp; Series 2022, 5.00%, 05/01/42 | 1570 | &nbsp;&nbsp; 1600882 |
| Bella Collina Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/44 | 180 | &nbsp;&nbsp; 180987 |
| &nbsp;&nbsp;&nbsp; 5.30%, 05/01/55 | 550 | &nbsp;&nbsp; 542429 |
| Bella Tara Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 05/01/45 | 1210 | &nbsp;&nbsp; 1252975 |
| &nbsp;&nbsp;&nbsp; 6.13%, 05/01/56 | 1840 | &nbsp;&nbsp; 1893336 |
| Bellehaven Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.80%, 05/01/45 | 1420 | &nbsp;&nbsp; 1470065 |
| &nbsp;&nbsp;&nbsp; 6.05%, 05/01/55 | 520 | &nbsp;&nbsp; 533277 |
| Berry Bay II Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; Series 2024, 5.20%, 05/01/44 | 550 | &nbsp;&nbsp; 551595 |
| &nbsp;&nbsp;&nbsp; Series 2024, 5.45%, 05/01/54 | 255 | &nbsp;&nbsp; 248055 |
| &nbsp;&nbsp;&nbsp; Boggy Creek Improvement District, Refunding SAB, <br> Series 2013, 5.13%, 05/01/43<br>| 1040 | &nbsp;&nbsp; 1040175 |
| &nbsp;&nbsp;&nbsp; Braddock Lakes Community Development District, <br> SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.55%, 05/01/45 | 1215 | &nbsp;&nbsp; 1215732 |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/01/55 | 1670 | &nbsp;&nbsp; 1645767 |
| &nbsp;&nbsp;&nbsp; Brevard County Health Facilities Authority, Refunding <br> RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 11/15/45 | 4040 | &nbsp;&nbsp; 3209284 |
| &nbsp;&nbsp;&nbsp; 4.00%, 11/15/55 | 5960 | &nbsp;&nbsp; 4267080 |
| &nbsp;&nbsp;&nbsp; Buckhead Trails Community Development District, <br> SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.60%, 05/01/44 | 235 | &nbsp;&nbsp; 238429 |
| &nbsp;&nbsp;&nbsp; 5.88%, 05/01/54 | 575 | &nbsp;&nbsp; 575003 |
| &nbsp;&nbsp;&nbsp; Series 2022, 5.63%, 05/01/42 | 740 | &nbsp;&nbsp; 782463 |
| &nbsp;&nbsp;&nbsp; Series 2022, 5.75%, 05/01/52 | 495 | &nbsp;&nbsp; 502199 |
| &nbsp;&nbsp;&nbsp; Buckhead Trails II Community Development District, <br> SAB<sup>(f)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/46 | 650 | &nbsp;&nbsp; 650121 |
| &nbsp;&nbsp;&nbsp; 5.80%, 05/01/56 | 800 | &nbsp;&nbsp; 799320 |
| Capital Projects Finance Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.13%, 06/15/44 | 210 | &nbsp;&nbsp; 216794 |
| &nbsp;&nbsp;&nbsp; 6.50%, 06/15/54 | 275 | &nbsp;&nbsp; 279926 |
| &nbsp;&nbsp;&nbsp; Series A-1, 7.50%, 06/15/65 | 3405 | &nbsp;&nbsp; 3430139 |
| &nbsp;&nbsp;&nbsp; Series B-1, 9.00%, 06/15/42 | 420 | &nbsp;&nbsp; 420729 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares High Yield Muni Active ETF** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Florida (continued)** | **Florida (continued)** |  |
| &nbsp;&nbsp;&nbsp; Capital Region Community Development District, <br> Refunding SAB, Series A-1, 5.13%, 05/01/39<br>| $2110 | &nbsp;&nbsp; $2147944 |
| Capital Trust Agency, Inc., RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 01/01/35<sup>(b)</sup> | 2210 | &nbsp;&nbsp; 2196298 |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/15/56<sup>(b)</sup> | 6670 | &nbsp;&nbsp; 5279560 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/15/49<sup>(b)</sup> | 500 | &nbsp;&nbsp; 450028 |
| &nbsp;&nbsp;&nbsp; Series A, 5.75%, 06/01/54<sup>(b)</sup> | 1925 | &nbsp;&nbsp; 1613475 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/15/54 | 1050 | &nbsp;&nbsp; 925470 |
| &nbsp;&nbsp;&nbsp; Series B, 0.00%, 01/01/35<sup>(d)</sup> | 2765 | &nbsp;&nbsp; 1670907 |
| &nbsp;&nbsp;&nbsp; Series B, 0.00%, 01/01/60<sup>(d)</sup> | 64500 | &nbsp;&nbsp; 5587970 |
| &nbsp;&nbsp;&nbsp; Capital Trust Agency, Inc., RB, CAB, 0.00%, <br> 07/01/61<sup>(b)(d)</sup><br>| 29885 | &nbsp;&nbsp; 2505056 |
| Capital Trust Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 06/01/55 | 2310 | &nbsp;&nbsp; 2359037 |
| &nbsp;&nbsp;&nbsp; 6.13%, 07/01/55 | 1915 | &nbsp;&nbsp; 1910620 |
| &nbsp;&nbsp;&nbsp; 8.50%, 07/01/57 | 4050 | &nbsp;&nbsp; 4059599 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/44 | 680 | &nbsp;&nbsp; 632692 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 07/01/54 | 1190 | &nbsp;&nbsp; 1062812 |
| Capital Trust Authority, Refunding RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.75%, 06/15/40 | 405 | &nbsp;&nbsp; 399492 |
| &nbsp;&nbsp;&nbsp; Series A, 5.13%, 06/15/50 | 375 | &nbsp;&nbsp; 343460 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 06/15/59 | 525 | &nbsp;&nbsp; 477735 |
| &nbsp;&nbsp;&nbsp; Celebration Pointe Community Development District <br> No. 1, SAB, 5.00%, 05/01/34<sup>(g)(h)</sup><br>| 1180 | &nbsp;&nbsp; 944000 |
| &nbsp;&nbsp;&nbsp; Center Lake Ranch West Community Development <br> District, SAB, 5.60%, 05/01/55<sup>(b)</sup><br>| 800 | &nbsp;&nbsp; 798382 |
| Central Parc Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 05/01/44 | 750 | &nbsp;&nbsp; 762391 |
| &nbsp;&nbsp;&nbsp; 6.00%, 05/01/54 | 650 | &nbsp;&nbsp; 654409 |
| &nbsp;&nbsp;&nbsp; City of Fort Lauderdale Florida, SAB, 4.00%, <br> 07/01/42<sup>(b)</sup><br>| 760 | &nbsp;&nbsp; 699338 |
| &nbsp;&nbsp;&nbsp; City of Pompano Beach Florida, Refunding RB, <br> 4.00%, 09/01/50<br>| 4900 | &nbsp;&nbsp; 4085249 |
| Coastal Ridge Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/01/45 | 2205 | &nbsp;&nbsp; 2274924 |
| &nbsp;&nbsp;&nbsp; 6.00%, 05/01/55 | 1700 | &nbsp;&nbsp; 1738111 |
| &nbsp;&nbsp;&nbsp; Connerton East Community Development District, <br> SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 06/15/45 | 570 | &nbsp;&nbsp; 570133 |
| &nbsp;&nbsp;&nbsp; 5.50%, 06/15/55 | 775 | &nbsp;&nbsp; 760031 |
| &nbsp;&nbsp;&nbsp; Coral Creek Community Development District, SAB, <br> 5.75%, 05/01/54<br>| 515 | &nbsp;&nbsp; 519208 |
| County of Lake Florida, RB, 5.00%, 01/15/49<sup>(b)</sup> | 825 | &nbsp;&nbsp; 715068 |
| County of Okaloosa Florida, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/15/45 | 1325 | &nbsp;&nbsp; 1354854 |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/15/60 | 690 | &nbsp;&nbsp; 698552 |
| &nbsp;&nbsp;&nbsp; County of Osceola Florida Transportation Revenue, <br> Refunding RB, CAB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-2, 0.00%, 10/01/48 | 5125 | &nbsp;&nbsp; 1553964 |
| &nbsp;&nbsp;&nbsp; Series A-2, 0.00%, 10/01/49 | 1770 | &nbsp;&nbsp; 504814 |
| &nbsp;&nbsp;&nbsp; Crossings Community Development District, SAB, <br> 5.60%, 05/01/54<br>| 520 | &nbsp;&nbsp; 518977 |
| &nbsp;&nbsp;&nbsp; Crosswinds East Community Development District, <br> SAB, 5.75%, 05/01/54<br>| 380 | &nbsp;&nbsp; 383854 |
| &nbsp;&nbsp;&nbsp; Curiosity Creek Community Development District, <br> SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.40%, 05/01/44 | 365 | &nbsp;&nbsp; 368331 |
| &nbsp;&nbsp;&nbsp; 5.70%, 05/01/55 | 600 | &nbsp;&nbsp; 594585 |
| &nbsp;&nbsp;&nbsp; 5.88%, 05/01/56 | 2450 | &nbsp;&nbsp; 2440715 |
| &nbsp;&nbsp;&nbsp; Cypress Creek Reserve Community Development <br> District, SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/01/45 | 570 | &nbsp;&nbsp; 591023 |
| &nbsp;&nbsp;&nbsp; 6.00%, 05/01/56 | 1150 | &nbsp;&nbsp; 1180490 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Florida (continued)** | **Florida (continued)** |  |
| &nbsp;&nbsp;&nbsp; Cypress Reserve Community Development District, <br> SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.60%, 05/01/45 | $1750 | &nbsp;&nbsp; $1766813 |
| &nbsp;&nbsp;&nbsp; 5.80%, 05/01/56 | 2375 | &nbsp;&nbsp; 2378036 |
| &nbsp;&nbsp;&nbsp; Darby Community Development District, SAB, <br> Series A-2, 5.88%, 05/01/35<br>| 1690 | &nbsp;&nbsp; 1799093 |
| &nbsp;&nbsp;&nbsp; East Nassau Stewardship District, SAB, Series 2025, <br> 6.25%, 05/01/56<br>| 5000 | &nbsp;&nbsp; 5158286 |
| &nbsp;&nbsp;&nbsp; Elevation Pointe Community Development District, <br> SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, 4.40%, 05/01/42 | 700 | &nbsp;&nbsp; 680743 |
| &nbsp;&nbsp;&nbsp; Series A-1, 4.60%, 05/01/52 | 1090 | &nbsp;&nbsp; 990601 |
| &nbsp;&nbsp;&nbsp; Series A-2, 4.40%, 05/01/32 | 2200 | &nbsp;&nbsp; 2265324 |
| &nbsp;&nbsp;&nbsp; Escambia County Health Facilities Authority, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; (AGM), 3.00%, 08/15/50 | 10000 | &nbsp;&nbsp; 7091508 |
| &nbsp;&nbsp;&nbsp; 4.00%, 08/15/50 | 6530 | &nbsp;&nbsp; 5467553 |
| &nbsp;&nbsp;&nbsp; Feed Mill Community Development District, SAB, <br> 5.88%, 05/01/56<br>| 3500 | &nbsp;&nbsp; 3512936 |
| &nbsp;&nbsp;&nbsp; Firethorn Community Development District, SAB, <br> 5.60%, 05/01/55<br>| 825 | &nbsp;&nbsp; 815155 |
| Florida Development Finance Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 06/01/55<sup>(b)</sup> | 2830 | &nbsp;&nbsp; 2638309 |
| &nbsp;&nbsp;&nbsp; Series A, 5.75%, 06/15/29<sup>(b)</sup> | 635 | &nbsp;&nbsp; 635720 |
| &nbsp;&nbsp;&nbsp; Series A, 6.00%, 06/15/34<sup>(b)</sup> | 835 | &nbsp;&nbsp; 836011 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 06/15/52 | 2875 | &nbsp;&nbsp; 2340658 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/15/56 | 1525 | &nbsp;&nbsp; 1421582 |
| &nbsp;&nbsp;&nbsp; Series A, 5.13%, 06/15/55<sup>(b)</sup> | 10455 | &nbsp;&nbsp; 8733603 |
| &nbsp;&nbsp;&nbsp; Series B, 4.50%, 12/15/56<sup>(b)</sup> | 5945 | &nbsp;&nbsp; 3873529 |
| &nbsp;&nbsp;&nbsp; Series C, 5.75%, 12/15/56<sup>(b)</sup> | 2030 | &nbsp;&nbsp; 1513633 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 05/01/29<sup>(b)(g)(h)</sup> | 3550 | &nbsp;&nbsp; 3589882 |
| &nbsp;&nbsp;&nbsp; AMT, 6.13%, 07/01/32<sup>(b)(c)</sup> | 5000 | &nbsp;&nbsp; 5015630 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 0.00%, 07/15/59<sup>(b)(c)(g)(h)</sup> | 15025 | &nbsp;&nbsp; 5409000 |
| &nbsp;&nbsp;&nbsp; Series A, Class A, AMT, 4.38%, 10/01/54<sup>(b)(c)</sup> | 2275 | &nbsp;&nbsp; 2297020 |
| Florida Development Finance Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 06/01/46<sup>(b)</sup> | 1700 | &nbsp;&nbsp; 1336340 |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 06/01/55<sup>(b)</sup> | 2750 | &nbsp;&nbsp; 1989393 |
| &nbsp;&nbsp;&nbsp; AMT, 12.00%, 07/15/32<sup>(b)(c)(g)(h)</sup> | 15525 | &nbsp;&nbsp; 5589000 |
| &nbsp;&nbsp;&nbsp; AMT, (AGM), 5.00%, 07/01/44 | 25660 | &nbsp;&nbsp; 25386192 |
| &nbsp;&nbsp;&nbsp; AMT, (AGM), 5.25%, 07/01/47 | 7850 | &nbsp;&nbsp; 7734487 |
| &nbsp;&nbsp;&nbsp; AMT, (AGM), 5.25%, 07/01/53 | 9900 | &nbsp;&nbsp; 9738514 |
| &nbsp;&nbsp;&nbsp; Florida Local Government Finance Commission, RB, <br> 6.88%, 11/15/64<sup>(b)</sup><br>| 4800 | &nbsp;&nbsp; 5021604 |
| &nbsp;&nbsp;&nbsp; Gardens at Hammock Beach Community <br> Development District, SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 1, 4.80%, 05/01/31 | 195 | &nbsp;&nbsp; 199412 |
| &nbsp;&nbsp;&nbsp; Series 1, 5.38%, 05/01/44 | 305 | &nbsp;&nbsp; 311239 |
| &nbsp;&nbsp;&nbsp; Series 1, 5.65%, 05/01/54 | 520 | &nbsp;&nbsp; 523242 |
| &nbsp;&nbsp;&nbsp; Series 2, 5.00%, 05/01/31 | 180 | &nbsp;&nbsp; 184059 |
| &nbsp;&nbsp;&nbsp; Series 2, 5.60%, 05/01/44 | 605 | &nbsp;&nbsp; 620308 |
| &nbsp;&nbsp;&nbsp; Series 2, 5.88%, 05/01/55 | 165 | &nbsp;&nbsp; 167258 |
| &nbsp;&nbsp;&nbsp; Gas Worx Community Development District, SAB, <br> 6.00%, 05/01/57<sup>(b)</sup><br>| 1800 | &nbsp;&nbsp; 1835554 |
| GIR East Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 4.30%, 05/01/32 | 500 | &nbsp;&nbsp; 507624 |
| &nbsp;&nbsp;&nbsp; 5.30%, 05/01/45 | 1000 | &nbsp;&nbsp; 995107 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/55 | 1750 | &nbsp;&nbsp; 1701876 |
| Golden Gem Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 05/01/44 | 2900 | &nbsp;&nbsp; 2953695 |
| &nbsp;&nbsp;&nbsp; 6.00%, 05/01/55 | 1010 | &nbsp;&nbsp; 1020779 |
| Grand Oaks Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 05/01/40 | 910 | &nbsp;&nbsp; 897545 |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/01/52 | 1015 | &nbsp;&nbsp; 910723 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares High Yield Muni Active ETF** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Florida (continued)** | **Florida (continued)** |  |
| &nbsp;&nbsp;&nbsp; Greater Orlando Aviation Authority RB, AMT, 5.25%, <br> 11/01/35<br>| $3200 | &nbsp;&nbsp; $3437326 |
| &nbsp;&nbsp;&nbsp; Greater Orlando Aviation Authority, ARB, AMT, 5.50%, <br> 11/01/37<br>| 930 | &nbsp;&nbsp; 1005287 |
| Greenbriar Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.65%, 05/01/45 | 585 | &nbsp;&nbsp; 592073 |
| &nbsp;&nbsp;&nbsp; 5.88%, 05/01/54 | 705 | &nbsp;&nbsp; 707504 |
| &nbsp;&nbsp;&nbsp; Hammock Oaks Community Development District, <br> SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.85%, 05/01/44 | 115 | &nbsp;&nbsp; 117650 |
| &nbsp;&nbsp;&nbsp; 5.55%, 05/01/45<sup>(b)</sup> | 780 | &nbsp;&nbsp; 792884 |
| &nbsp;&nbsp;&nbsp; 6.15%, 05/01/54 | 790 | &nbsp;&nbsp; 800951 |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/01/55<sup>(b)</sup> | 1165 | &nbsp;&nbsp; 1172062 |
| &nbsp;&nbsp;&nbsp; Harbor Reserve Community Development District, <br> SAB, 5.75%, 05/01/56<br>| 3255 | &nbsp;&nbsp; 3199115 |
| &nbsp;&nbsp;&nbsp; Harvest Hills South Community Development District, <br> SAB, 5.75%, 05/01/56<br>| 2060 | &nbsp;&nbsp; 2033244 |
| &nbsp;&nbsp;&nbsp; Highland Trails Community Development District, <br> SAB, 5.85%, 05/01/56<br>| 1450 | &nbsp;&nbsp; 1441445 |
| &nbsp;&nbsp;&nbsp; Hillcrest Preserve Community Development District, <br> SAB, 5.30%, 05/01/54<sup>(b)</sup><br>| 890 | &nbsp;&nbsp; 855515 |
| &nbsp;&nbsp;&nbsp; Hillsborough County Industrial Development Authority, <br> Refunding RB, Series C, 4.13%, 11/15/51<br>| 5000 | &nbsp;&nbsp; 4541180 |
| &nbsp;&nbsp;&nbsp; Hobe-St Lucie Conservancy District, SAB, 5.88%, <br> 05/01/55<br>| 635 | &nbsp;&nbsp; 646199 |
| &nbsp;&nbsp;&nbsp; Hyde Park Community Development District No. 1, <br> SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.75%, 05/01/31 | 290 | &nbsp;&nbsp; 295086 |
| &nbsp;&nbsp;&nbsp; Series A, 5.35%, 05/01/44 | 425 | &nbsp;&nbsp; 428991 |
| &nbsp;&nbsp;&nbsp; Series A, 5.63%, 05/01/55 | 690 | &nbsp;&nbsp; 685185 |
| Ibis Landing Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 06/15/45 | 365 | &nbsp;&nbsp; 379608 |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/15/55 | 475 | &nbsp;&nbsp; 487126 |
| KD52 Community Development District No. 1, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/35 | 1220 | &nbsp;&nbsp; 1236121 |
| &nbsp;&nbsp;&nbsp; 5.88%, 05/01/45 | 2475 | &nbsp;&nbsp; 2484323 |
| &nbsp;&nbsp;&nbsp; 6.13%, 05/01/56 | 4255 | &nbsp;&nbsp; 4239250 |
| Kings Creek I Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/01/45 | 795 | &nbsp;&nbsp; 815782 |
| &nbsp;&nbsp;&nbsp; 6.00%, 05/01/55 | 795 | &nbsp;&nbsp; 808197 |
| &nbsp;&nbsp;&nbsp; Kissimmee Park Community Development District, <br> SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 05/01/45 | 1110 | &nbsp;&nbsp; 1149423 |
| &nbsp;&nbsp;&nbsp; 6.13%, 05/01/56 | 900 | &nbsp;&nbsp; 926088 |
| &nbsp;&nbsp;&nbsp; Lakes of Sarasota Community Development District, <br> SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.75%, 05/01/31 | 355 | &nbsp;&nbsp; 360918 |
| &nbsp;&nbsp;&nbsp; Series A, 5.30%, 05/01/44 | 425 | &nbsp;&nbsp; 426733 |
| &nbsp;&nbsp;&nbsp; Series A, 5.60%, 05/01/55 | 695 | &nbsp;&nbsp; 684757 |
| &nbsp;&nbsp;&nbsp; Lakeside Preserve Community Development District, <br> SAB, Series 2023, 6.38%, 05/01/54<br>| 915 | &nbsp;&nbsp; 956725 |
| Lakewood Ranch Stewardship District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 4.95%, 05/01/29<sup>(b)</sup> | 115 | &nbsp;&nbsp; 117910 |
| &nbsp;&nbsp;&nbsp; 4.63%, 05/01/31 | 215 | &nbsp;&nbsp; 220273 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/39<sup>(b)</sup> | 100 | &nbsp;&nbsp; 103796 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/40 | 1395 | &nbsp;&nbsp; 1488637 |
| &nbsp;&nbsp;&nbsp; 5.30%, 05/01/44 | 385 | &nbsp;&nbsp; 394076 |
| &nbsp;&nbsp;&nbsp; 4.88%, 05/01/45 | 530 | &nbsp;&nbsp; 517972 |
| &nbsp;&nbsp;&nbsp; 5.80%, 05/01/45 | 1665 | &nbsp;&nbsp; 1728750 |
| &nbsp;&nbsp;&nbsp; 5.13%, 05/01/46 | 830 | &nbsp;&nbsp; 830010 |
| &nbsp;&nbsp;&nbsp; 5.65%, 05/01/48<sup>(b)</sup> | 130 | &nbsp;&nbsp; 131835 |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/01/49 | 805 | &nbsp;&nbsp; 723861 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Florida (continued)** | **Florida (continued)** |  |
| &nbsp;&nbsp;&nbsp; Lakewood Ranch Stewardship District, <br> SAB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/01/52 | $790 | &nbsp;&nbsp; $642088 |
| &nbsp;&nbsp;&nbsp; 5.55%, 05/01/54 | 180 | &nbsp;&nbsp; 181603 |
| &nbsp;&nbsp;&nbsp; 6.00%, 05/01/56 | 4695 | &nbsp;&nbsp; 4831622 |
| &nbsp;&nbsp;&nbsp; Series 1A, 5.00%, 05/01/38 | 1175 | &nbsp;&nbsp; 1199375 |
| &nbsp;&nbsp;&nbsp; Series 1A, 5.10%, 05/01/48 | 2530 | &nbsp;&nbsp; 2526727 |
| &nbsp;&nbsp;&nbsp; Series 1B, 4.75%, 05/01/29 | 750 | &nbsp;&nbsp; 766030 |
| &nbsp;&nbsp;&nbsp; Series 1B, 5.45%, 05/01/48 | 1930 | &nbsp;&nbsp; 1949288 |
| Lee County Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 11/15/54 | 2340 | &nbsp;&nbsp; 2362762 |
| &nbsp;&nbsp;&nbsp; Series B-1, 4.75%, 11/15/29 | 985 | &nbsp;&nbsp; 992673 |
| Lowery Hills Community Development District, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 05/01/45 | 565 | &nbsp;&nbsp; 567968 |
| &nbsp;&nbsp;&nbsp; 5.85%, 05/01/55 | 780 | &nbsp;&nbsp; 778456 |
| LT Ranch Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/44 | 795 | &nbsp;&nbsp; 820597 |
| &nbsp;&nbsp;&nbsp; 5.85%, 05/01/54 | 600 | &nbsp;&nbsp; 612786 |
| &nbsp;&nbsp;&nbsp; LTC Ranch West Residential Community <br> Development District, Refunding SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series AA4, 5.38%, 05/01/44 | 330 | &nbsp;&nbsp; 330149 |
| &nbsp;&nbsp;&nbsp; Series AA4, 5.65%, 05/01/54 | 1195 | &nbsp;&nbsp; 1172842 |
| &nbsp;&nbsp;&nbsp; LTC Ranch West Residential Community <br> Development District, SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series AA2, 5.70%, 05/01/44 | 185 | &nbsp;&nbsp; 188425 |
| &nbsp;&nbsp;&nbsp; Series AA2, 6.00%, 05/01/54 | 250 | &nbsp;&nbsp; 251696 |
| &nbsp;&nbsp;&nbsp; Malabar Springs Community Development District, <br> SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.20%, 05/01/44 | 605 | &nbsp;&nbsp; 605910 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/54 | 900 | &nbsp;&nbsp; 875616 |
| Marion Ranch Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.10%, 05/01/31 | 215 | &nbsp;&nbsp; 220511 |
| &nbsp;&nbsp;&nbsp; 5.70%, 05/01/44 | 565 | &nbsp;&nbsp; 578858 |
| &nbsp;&nbsp;&nbsp; 5.95%, 05/01/54 | 220 | &nbsp;&nbsp; 223075 |
| &nbsp;&nbsp;&nbsp; Mckendree Pointe Community Development District, <br> SAB, 6.00%, 05/01/56<br>| 1795 | &nbsp;&nbsp; 1774731 |
| &nbsp;&nbsp;&nbsp; Midtown Miami Community Development District, <br> Refunding SAB, Series A, 5.00%, 05/01/37<br>| 890 | &nbsp;&nbsp; 890521 |
| &nbsp;&nbsp;&nbsp; New Port Corners Community Development District, <br> SAB, 5.50%, 06/15/55<sup>(b)</sup><br>| 900 | &nbsp;&nbsp; 888982 |
| Newfield Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 05/01/45 | 1805 | &nbsp;&nbsp; 1848574 |
| &nbsp;&nbsp;&nbsp; 5.90%, 05/01/56 | 1150 | &nbsp;&nbsp; 1171095 |
| &nbsp;&nbsp;&nbsp; Normandy Community Development District, SAB, <br> 5.55%, 05/01/54<sup>(b)</sup><br>| 1495 | &nbsp;&nbsp; 1428601 |
| &nbsp;&nbsp;&nbsp; North AR-1 Pasco Community Development District, <br> SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.75%, 05/01/44 | 155 | &nbsp;&nbsp; 159731 |
| &nbsp;&nbsp;&nbsp; Series A, 6.00%, 05/01/54 | 270 | &nbsp;&nbsp; 275007 |
| &nbsp;&nbsp;&nbsp; Ormond Crossings West Community Development <br> District, SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 11/01/47 | 1850 | &nbsp;&nbsp; 1833938 |
| &nbsp;&nbsp;&nbsp; 6.00%, 11/01/57 | 2150 | &nbsp;&nbsp; 2122342 |
| &nbsp;&nbsp;&nbsp; Palm Beach County Health Facilities Authority, RB, <br> 5.75%, 11/01/50<br>| 790 | &nbsp;&nbsp; 830886 |
| &nbsp;&nbsp;&nbsp; Palmetto Ridge Community Development District, <br> SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.45%, 05/01/46 | 1000 | &nbsp;&nbsp; 990894 |
| &nbsp;&nbsp;&nbsp; 5.70%, 05/01/55 | 1600 | &nbsp;&nbsp; 1572241 |
| Parrish Lakes Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/44 | 860 | &nbsp;&nbsp; 873813 |
| &nbsp;&nbsp;&nbsp; 5.80%, 05/01/54 | 270 | &nbsp;&nbsp; 270830 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares High Yield Muni Active ETF** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Florida (continued)** | **Florida (continued)** |  |
| &nbsp;&nbsp;&nbsp; Parrish Plantation Community Development District, <br> SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.80%, 05/01/44 | $470 | &nbsp;&nbsp; $487170 |
| &nbsp;&nbsp;&nbsp; 5.88%, 05/01/54 | 375 | &nbsp;&nbsp; 382114 |
| &nbsp;&nbsp;&nbsp; 6.05%, 05/01/54 | 885 | &nbsp;&nbsp; 907797 |
| &nbsp;&nbsp;&nbsp; Pinery Community Development District, SAB, 5.88%, <br> 05/01/56<br>| 1600 | &nbsp;&nbsp; 1587243 |
| Poitras East Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/43 | 460 | &nbsp;&nbsp; 471508 |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/01/52 | 1650 | &nbsp;&nbsp; 1656467 |
| Reflection Bay Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 05/01/45 | 450 | &nbsp;&nbsp; 459940 |
| &nbsp;&nbsp;&nbsp; 5.88%, 05/01/55 | 750 | &nbsp;&nbsp; 760560 |
| &nbsp;&nbsp;&nbsp; Reunion East Community Development District, SAB, <br> Series 2021, 4.00%, 05/01/51<br>| 2965 | &nbsp;&nbsp; 2505246 |
| &nbsp;&nbsp;&nbsp; Rustic Oaks Community Development District, SAB, <br> 4.00%, 05/01/52<br>| 1400 | &nbsp;&nbsp; 1136181 |
| &nbsp;&nbsp;&nbsp; Sandridge Community Development District, SAB, <br> Series A1, 4.00%, 05/01/51<br>| 600 | &nbsp;&nbsp; 515100 |
| &nbsp;&nbsp;&nbsp; Sarasota County Public Hospital District, RB, 4.00%, <br> 07/01/52<br>| 5200 | &nbsp;&nbsp; 4519187 |
| &nbsp;&nbsp;&nbsp; Seminole County Industrial Development Authority <br> RB, 5.25%, 11/15/39<br>| 2030 | &nbsp;&nbsp; 2037542 |
| &nbsp;&nbsp;&nbsp; Seminole County Industrial Development Authority, <br> Refunding RB, 5.75%, 11/15/54<br>| 2420 | &nbsp;&nbsp; 2307605 |
| &nbsp;&nbsp;&nbsp; Seminole Palms Community Development District, <br> SAB, 5.50%, 05/01/55<sup>(b)</sup><br>| 910 | &nbsp;&nbsp; 878698 |
| &nbsp;&nbsp;&nbsp; Shadowlawn Community Development District, SAB, <br> 5.85%, 05/01/54<br>| 355 | &nbsp;&nbsp; 352377 |
| &nbsp;&nbsp;&nbsp; Solaeris Community Development District, SAB, <br> 6.30%, 05/01/56<sup>(b)</sup><br>| 3000 | &nbsp;&nbsp; 3073966 |
| &nbsp;&nbsp;&nbsp; Somerset Bay Community Development District, <br> SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.85%, 05/01/31 | 305 | &nbsp;&nbsp; 310392 |
| &nbsp;&nbsp;&nbsp; 5.63%, 05/01/44 | 925 | &nbsp;&nbsp; 927802 |
| &nbsp;&nbsp;&nbsp; 5.90%, 05/01/54 | 905 | &nbsp;&nbsp; 897124 |
| South Broward Hospital District, RB |  |  |
| &nbsp;&nbsp;&nbsp; (BAM-TCRS), 3.00%, 05/01/51 | 415 | &nbsp;&nbsp; 304041 |
| &nbsp;&nbsp;&nbsp; Series A, 3.00%, 05/01/51 | 16840 | &nbsp;&nbsp; 12025890 |
| &nbsp;&nbsp;&nbsp; Southern Groves Community Development District <br> No. 5, SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/01/30 | 170 | &nbsp;&nbsp; 173470 |
| &nbsp;&nbsp;&nbsp; 4.30%, 05/01/40 | 810 | &nbsp;&nbsp; 814655 |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/01/46 | 600 | &nbsp;&nbsp; 559534 |
| &nbsp;&nbsp;&nbsp; St. Johns County Industrial Development Authority, <br> Refunding RB, 4.00%, 08/01/55<br>| 2700 | &nbsp;&nbsp; 2252833 |
| Starling Community Development District, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 05/01/45 | 850 | &nbsp;&nbsp; 846367 |
| &nbsp;&nbsp;&nbsp; 5.60%, 05/01/56 | 1610 | &nbsp;&nbsp; 1570611 |
| &nbsp;&nbsp;&nbsp; State of Florida Department of Transportation <br> Turnpike System Revenue, RB, Series B, 3.00%, <br> 07/01/49<br>| 1000 | &nbsp;&nbsp; 747078 |
| Sugarloaf Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 12/15/46 | 500 | &nbsp;&nbsp; 500042 |
| &nbsp;&nbsp;&nbsp; 5.63%, 12/15/55 | 620 | &nbsp;&nbsp; 614198 |
| &nbsp;&nbsp;&nbsp; Sunrise Community Development District, SAB, <br> 5.88%, 05/01/55<sup>(b)</sup><br>| 2300 | &nbsp;&nbsp; 2240716 |
| &nbsp;&nbsp;&nbsp; Talavera Community Development District, SAB, <br> 4.35%, 05/01/40<br>| 520 | &nbsp;&nbsp; 511851 |
| &nbsp;&nbsp;&nbsp; Three Rivers Community Development District, SAB, <br> 5.75%, 05/01/56<br>| 3660 | &nbsp;&nbsp; 3602251 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Florida (continued)** | **Florida (continued)** |  |
| &nbsp;&nbsp;&nbsp; Tolomato Community Development District, SAB, <br> 4.00%, 05/01/51<br>| 115 | &nbsp;&nbsp; $94849 |
| Tradition Community Development District No. 9, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.40%, 05/01/45 | 555 | &nbsp;&nbsp; 558956 |
| &nbsp;&nbsp;&nbsp; 5.65%, 05/01/56 | 775 | &nbsp;&nbsp; 775407 |
| Trout Creek Community Development District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 05/01/38 | 670 | &nbsp;&nbsp; 685047 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/49 | 1685 | &nbsp;&nbsp; 1696311 |
| &nbsp;&nbsp;&nbsp; Two Rivers West Community Development District, <br> SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 2024, 4.80%, 05/01/31 | 220 | &nbsp;&nbsp; 225228 |
| &nbsp;&nbsp;&nbsp; Series 2024, 5.63%, 05/01/44 | 750 | &nbsp;&nbsp; 771232 |
| &nbsp;&nbsp;&nbsp; Series 2024, 5.88%, 05/01/54 | 895 | &nbsp;&nbsp; 911978 |
| Village Community Development District No. 14, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 05/01/42 | 3155 | &nbsp;&nbsp; 3273696 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/53 | 2355 | &nbsp;&nbsp; 2390980 |
| &nbsp;&nbsp;&nbsp; Village Community Development District No. 16, SAB, <br> 5.13%, 05/01/56<br>| 4900 | &nbsp;&nbsp; 4865125 |
| &nbsp;&nbsp;&nbsp; Vivid Shores Community Development District, SAB, <br> 5.63%, 05/01/56<br>| 1700 | &nbsp;&nbsp; 1695845 |
| &nbsp;&nbsp;&nbsp; Volusia County Educational Facility Authority, RB, <br> 5.25%, 06/01/49<br>| 2680 | &nbsp;&nbsp; 2728949 |
| West Villages Improvement District, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 05/01/39 | 885 | &nbsp;&nbsp; 891450 |
| &nbsp;&nbsp;&nbsp; 5.38%, 05/01/44 | 495 | &nbsp;&nbsp; 503790 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/50 | 1415 | &nbsp;&nbsp; 1383488 |
| &nbsp;&nbsp;&nbsp; 5.63%, 05/01/54 | 355 | &nbsp;&nbsp; 354552 |
| &nbsp;&nbsp;&nbsp; Westside Haines City Community Development <br> District, SAB, 6.00%, 05/01/54<br>| 640 | &nbsp;&nbsp; 653132 |
| &nbsp;&nbsp;&nbsp; Windward at Lakewood Ranch Community <br> Development District, SAB, 4.25%, 05/01/52<br>| 900 | &nbsp;&nbsp; 759717 |
|  |  | &nbsp;&nbsp; 395040162 |
| **Georgia — 1.1%** | **Georgia — 1.1%** |  |
| Atlanta Development Authority, TA<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 04/01/34 | 1720 | &nbsp;&nbsp; 1769476 |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 04/01/39 | 2640 | &nbsp;&nbsp; 2735608 |
| &nbsp;&nbsp;&nbsp; Development Authority of Cobb County, RB, Series A, <br> 6.38%, 06/15/58<sup>(b)</sup><br>| 690 | &nbsp;&nbsp; 674923 |
| &nbsp;&nbsp;&nbsp; East Point Business & Industrial Development <br> Authority, RB, Series A, 5.25%, 06/15/62<sup>(b)</sup><br>| 875 | &nbsp;&nbsp; 525000 |
| Main Street Natural Gas, Inc., RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 05/15/49 | 3050 | &nbsp;&nbsp; 3157140 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/53<sup>(c)</sup> | 2000 | &nbsp;&nbsp; 2123253 |
| &nbsp;&nbsp;&nbsp; Metropolitan Atlanta Rapid Transit Authority, RB, <br> Series A, Sustainability Bonds, 5.00%, 07/01/55<br>| 12610 | &nbsp;&nbsp; 13145450 |
| &nbsp;&nbsp;&nbsp; Municipal Electric Authority of Georgia, RB, Series A, <br> 5.00%, 07/01/52<br>| 2765 | &nbsp;&nbsp; 2780444 |
|  |  | &nbsp;&nbsp; 26911294 |
| **Idaho — 0.3%** | **Idaho — 0.3%** |  |
| &nbsp;&nbsp;&nbsp; Idaho Health Facilities Authority, Refunding RB, <br> 3.50%, 09/01/33<br>| 375 | &nbsp;&nbsp; 346730 |
| Idaho Housing & Finance Association, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 6.00%, 07/01/39 | 370 | &nbsp;&nbsp; 378480 |
| &nbsp;&nbsp;&nbsp; Series A, 6.00%, 07/01/49 | 595 | &nbsp;&nbsp; 598196 |
| &nbsp;&nbsp;&nbsp; Series A, 6.00%, 07/01/54 | 570 | &nbsp;&nbsp; 571722 |
| &nbsp;&nbsp;&nbsp; Series A, 6.95%, 06/15/55 | 1540 | &nbsp;&nbsp; 1562277 |
| &nbsp;&nbsp;&nbsp; Series C, 5.00%, 12/01/46 | 1000 | &nbsp;&nbsp; 947424 |
| &nbsp;&nbsp;&nbsp; Power County Industrial Development Corp., RB, <br> 6.45%, 08/01/32<br>| 265 | &nbsp;&nbsp; 266098 |
| &nbsp;&nbsp;&nbsp; Spring Valley Community Infrastructure District No. 1, <br> GO<sup>(f)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/27 | 125 | &nbsp;&nbsp; 125515 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares High Yield Muni Active ETF** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Idaho (continued)** | **Idaho (continued)** |  |
| &nbsp;&nbsp;&nbsp; Spring Valley Community Infrastructure District No. 1, <br> GO<sup>(f)</sup> (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/30 | 140 | &nbsp;&nbsp; $140685 |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/31 | 75 | &nbsp;&nbsp; 75251 |
| &nbsp;&nbsp;&nbsp; 4.20%, 09/01/34 | 165 | &nbsp;&nbsp; 165294 |
| &nbsp;&nbsp;&nbsp; 4.30%, 09/01/35 | 170 | &nbsp;&nbsp; 170414 |
| &nbsp;&nbsp;&nbsp; 4.60%, 09/01/38 | 195 | &nbsp;&nbsp; 195369 |
| &nbsp;&nbsp;&nbsp; 4.65%, 09/01/40 | 200 | &nbsp;&nbsp; 200285 |
| &nbsp;&nbsp;&nbsp; 5.13%, 09/01/45 | 405 | &nbsp;&nbsp; 405247 |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/01/55 | 675 | &nbsp;&nbsp; 675102 |
|  |  | &nbsp;&nbsp; 6824089 |
| **Illinois — 3.4%** | **Illinois — 3.4%** |  |
| Chicago Board of Education, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.00%, 12/01/47 | 6000 | &nbsp;&nbsp; 4898260 |
| &nbsp;&nbsp;&nbsp; Series A, 5.75%, 12/01/50 | 15680 | &nbsp;&nbsp; 15826613 |
| &nbsp;&nbsp;&nbsp; Series A, 6.25%, 12/01/50 | 2330 | &nbsp;&nbsp; 2465894 |
| &nbsp;&nbsp;&nbsp; Series D, 5.00%, 12/01/46 | 1800 | &nbsp;&nbsp; 1716183 |
| &nbsp;&nbsp;&nbsp; Series H, 5.00%, 12/01/46 | 9325 | &nbsp;&nbsp; 8890783 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education, Refunding GO, <br> Series B, 6.00%, 12/01/44<br>| 4415 | &nbsp;&nbsp; 4636822 |
| &nbsp;&nbsp;&nbsp; Chicago Transit Authority Sales Tax Receipts Fund, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; (BAM-TCRS), 4.00%, 12/01/55 | 6000 | &nbsp;&nbsp; 5217310 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/01/49 | 4640 | &nbsp;&nbsp; 4776411 |
| City of Chicago Illinois, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/44 | 2425 | &nbsp;&nbsp; 2417130 |
| &nbsp;&nbsp;&nbsp; Series F, 6.00%, 01/01/55 | 1095 | &nbsp;&nbsp; 1143796 |
| &nbsp;&nbsp;&nbsp; City of Marion Illinois Sales Tax Revenue, Refunding <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 06/01/45 | 2050 | &nbsp;&nbsp; 2050625 |
| &nbsp;&nbsp;&nbsp; 6.63%, 06/01/55 | 3800 | &nbsp;&nbsp; 3786114 |
| &nbsp;&nbsp;&nbsp; County of Cook Illinois, RB, M/F Housing, 6.50%, <br> 01/01/45<br>| 4500 | &nbsp;&nbsp; 4569323 |
| Illinois Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 08/01/35<sup>(b)</sup> | 1190 | &nbsp;&nbsp; 1218970 |
| &nbsp;&nbsp;&nbsp; 5.38%, 11/01/55 | 2650 | &nbsp;&nbsp; 2660484 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 08/15/52 | 4000 | &nbsp;&nbsp; 4014712 |
| &nbsp;&nbsp;&nbsp; Illinois State Toll Highway Authority, RB, Series A, <br> 5.00%, 01/01/46<br>| 4640 | &nbsp;&nbsp; 4841144 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority, Refunding <br> RB, 4.00%, 06/15/50<br>| 9695 | &nbsp;&nbsp; 8324573 |
| &nbsp;&nbsp;&nbsp; Village of Lincolnwood Illinois, COP, Series B, 5.75%, <br> 12/01/43<sup>(b)</sup><br>| 935 | &nbsp;&nbsp; 951004 |
|  |  | &nbsp;&nbsp; 84406151 |
| **Indiana — 0.8%** | **Indiana — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; City of Valparaiso Indiana, Refunding RB, AMT, <br> 4.50%, 01/01/34<sup>(b)</sup><br>| 635 | &nbsp;&nbsp; 658403 |
| Indiana Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 6.13%, 10/15/45<sup>(b)</sup> | 965 | &nbsp;&nbsp; 967039 |
| &nbsp;&nbsp;&nbsp; Series A, 6.38%, 10/15/55<sup>(b)</sup> | 725 | &nbsp;&nbsp; 726500 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 6.75%, 05/01/39 | 2785 | &nbsp;&nbsp; 3132149 |
| Indiana Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/42 | 2800 | &nbsp;&nbsp; 3049848 |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/43 | 4000 | &nbsp;&nbsp; 4308478 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 03/01/50 | 1725 | &nbsp;&nbsp; 1735969 |
| &nbsp;&nbsp;&nbsp; Series A, 5.38%, 03/01/55 | 2035 | &nbsp;&nbsp; 2055091 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Indiana (continued)** | **Indiana (continued)** |  |
| &nbsp;&nbsp;&nbsp; Indianapolis Local Public Improvement Bond Bank, <br> RB, Series E, Convertible, 6.00%, 03/01/53<br>| 1850 | &nbsp;&nbsp; $1923558 |
| &nbsp;&nbsp;&nbsp; Town of Whitestown, Refunding TA, 6.00%, <br> 09/01/50<sup>(b)</sup><br>| 1980 | &nbsp;&nbsp; 1959741 |
|  |  | &nbsp;&nbsp; 20516776 |
| **Iowa — 0.2%** | **Iowa — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Iowa Finance Authority, Refunding RB, Series A, <br> 5.13%, 05/15/59<br>| 4100 | &nbsp;&nbsp; 3850688 |
| &nbsp;&nbsp;&nbsp; Iowa Higher Education Loan Authority, Refunding RB, <br> 5.50%, 11/01/51<br>| 1000 | &nbsp;&nbsp; 872267 |
|  |  | &nbsp;&nbsp; 4722955 |
| **Kansas — 0.1%** | **Kansas — 0.1%** |  |
| City of Manhattan, RB, Series A, 5.50%, 06/01/55 | 560 | &nbsp;&nbsp; 562837 |
| City of Shawnee Kansas, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/01/41 | 770 | &nbsp;&nbsp; 708717 |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/01/56 | 1900 | &nbsp;&nbsp; 1526521 |
|  |  | &nbsp;&nbsp; 2798075 |
| **Kentucky**<sup>(b)</sup> **— 0.5%** | **Kentucky**<sup>(b)</sup> **— 0.5%** |  |
| City of Henderson Kentucky, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 4.70%, 01/01/52 | 4320 | &nbsp;&nbsp; 4064210 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 4.45%, 01/01/42 | 2540 | &nbsp;&nbsp; 2548044 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 4.70%, 01/01/52 | 6000 | &nbsp;&nbsp; 5644736 |
|  |  | &nbsp;&nbsp; 12256990 |
| **Louisiana — 1.3%** | **Louisiana — 1.3%** |  |
| &nbsp;&nbsp;&nbsp; Juban Crossing Community Development District, <br> SAB, Series A, 6.25%, 06/01/54<br>| 3000 | &nbsp;&nbsp; 3095426 |
| Louisiana Public Facilities Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/15/59<sup>(b)</sup> | 1750 | &nbsp;&nbsp; 1754703 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 06/01/60<sup>(b)</sup> | 4940 | &nbsp;&nbsp; 3701075 |
| &nbsp;&nbsp;&nbsp; Series A, 6.50%, 06/01/62<sup>(b)</sup> | 855 | &nbsp;&nbsp; 770353 |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 09/01/64 | 9200 | &nbsp;&nbsp; 9479072 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 09/01/66 | 7000 | &nbsp;&nbsp; 6590419 |
| &nbsp;&nbsp;&nbsp; Class R2, AMT, 6.50%, 10/01/53<sup>(b)(c)</sup> | 2160 | &nbsp;&nbsp; 2264823 |
| Parish of St. James Louisiana, RB |  |  |
| &nbsp;&nbsp;&nbsp; 3.70%, 08/01/41<sup>(c)</sup> | 900 | &nbsp;&nbsp; 918634 |
| &nbsp;&nbsp;&nbsp; Series 2, 6.35%, 07/01/40<sup>(b)</sup> | 3160 | &nbsp;&nbsp; 3475213 |
|  |  | &nbsp;&nbsp; 32049718 |
| **Maine — 0.8%** | **Maine — 0.8%** |  |
| Finance Authority of Maine, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series B, 9.50%, 06/01/32 | 1250 | &nbsp;&nbsp; 1062311 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 8.50%, 06/01/32 | 1250 | &nbsp;&nbsp; 1062377 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 8.50%, 06/01/35<sup>(g)(h)</sup> | 6857 | &nbsp;&nbsp; 3522738 |
| &nbsp;&nbsp;&nbsp; Finance Authority of Maine, Refunding RB, AMT, <br> 4.63%, 12/01/47<sup>(b)(c)</sup><br>| 1300 | &nbsp;&nbsp; 1344551 |
| &nbsp;&nbsp;&nbsp; Maine Health & Higher Educational Facilities <br> Authority, Refunding RB, 4.00%, 07/01/37<sup>(b)</sup><br>| 8100 | &nbsp;&nbsp; 7143662 |
| Maine State Housing Authority, RB, M/F Housing |  |  |
| &nbsp;&nbsp;&nbsp; Series E, Sustainability Bonds, 4.55%, 11/15/45 | 3000 | &nbsp;&nbsp; 2970051 |
| &nbsp;&nbsp;&nbsp; Series E, Sustainability Bonds, 4.85%, 11/15/50 | 3000 | &nbsp;&nbsp; 2993703 |
|  |  | &nbsp;&nbsp; 20099393 |
| **Maryland — 0.5%** | **Maryland — 0.5%** |  |
| City of Baltimore Maryland, RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/01/42 | 260 | &nbsp;&nbsp; 265104 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/01/51 | 780 | &nbsp;&nbsp; 775300 |
| &nbsp;&nbsp;&nbsp; City of Baltimore Maryland, Refunding RB, <br> Convertible, 5.00%, 09/01/46<br>| 1500 | &nbsp;&nbsp; 1470309 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares High Yield Muni Active ETF** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Maryland (continued)** | **Maryland (continued)** |  |
| City of Baltimore, RB, 5.25%, 06/01/55<sup>(b)</sup> | 925 | &nbsp;&nbsp; $907777 |
| &nbsp;&nbsp;&nbsp; Maryland Health & Higher Educational Facilities <br> Authority, RB, 7.00%, 03/01/55<sup>(b)</sup><br>| 8165 | &nbsp;&nbsp; 8315109 |
|  |  | &nbsp;&nbsp; 11733599 |
| **Massachusetts — 0.5%** | **Massachusetts — 0.5%** |  |
| Massachusetts Development Finance Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, 6.38%, 07/15/45<sup>(b)</sup> | 3375 | &nbsp;&nbsp; 3433269 |
| &nbsp;&nbsp;&nbsp; Series D, Sustainability Bonds, 4.00%, 07/01/45 | 715 | &nbsp;&nbsp; 635492 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 10/01/42<sup>(b)</sup> | 855 | &nbsp;&nbsp; 808666 |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/01/52 | 4715 | &nbsp;&nbsp; 4625129 |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/57<sup>(b)</sup> | 1900 | &nbsp;&nbsp; 1825264 |
|  |  | &nbsp;&nbsp; 11327820 |
| **Michigan — 0.8%** | **Michigan — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; Advanced Technology Academy, Refunding RB, <br> 5.00%, 11/01/44<br>| 160 | &nbsp;&nbsp; 152237 |
| &nbsp;&nbsp;&nbsp; Kalamazoo Economic Development Corp., RB, <br> 6.25%, 08/15/56<sup>(b)</sup><br>| 1360 | &nbsp;&nbsp; 1378579 |
| Michigan Finance Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 12/01/48 | 3345 | &nbsp;&nbsp; 3016424 |
| &nbsp;&nbsp;&nbsp; Series 2, 4.00%, 03/01/51 | 3000 | &nbsp;&nbsp; 2650305 |
| Michigan Strategic Fund, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/15/42 | 280 | &nbsp;&nbsp; 280436 |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 12/31/43 | 2030 | &nbsp;&nbsp; 2039021 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 4.00%, 10/01/61<sup>(c)</sup> | 4450 | &nbsp;&nbsp; 4446989 |
| &nbsp;&nbsp;&nbsp; Wayne County Airport Authority, ARB, Series A, <br> (AGM), 5.25%, 12/01/48<br>| 4575 | &nbsp;&nbsp; 4821521 |
|  |  | &nbsp;&nbsp; 18785512 |
| **Minnesota — 0.4%** | **Minnesota — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; City of Eagan Minnesota, RB, Series A, 6.38%, <br> 02/01/55<sup>(b)</sup><br>| 245 | &nbsp;&nbsp; 238316 |
| &nbsp;&nbsp;&nbsp; Duluth Economic Development Authority, Refunding <br> RB, Series A, 5.25%, 02/15/58<br>| 9790 | &nbsp;&nbsp; 9825645 |
|  |  | &nbsp;&nbsp; 10063961 |
| **Missouri — 0.2%** | **Missouri — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Industrial Development Authority of the City of St. <br> Louis Missouri, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.88%, 06/15/34 | 335 | &nbsp;&nbsp; 344976 |
| &nbsp;&nbsp;&nbsp; Series A, 4.38%, 11/15/35 | 1020 | &nbsp;&nbsp; 957515 |
| &nbsp;&nbsp;&nbsp; Series A, 5.75%, 06/15/54 | 1665 | &nbsp;&nbsp; 1679629 |
| Kansas City Industrial Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.00%, 06/01/46<sup>(b)</sup> | 965 | &nbsp;&nbsp; 958941 |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.00%, 06/01/54<sup>(b)</sup> | 625 | &nbsp;&nbsp; 600951 |
| &nbsp;&nbsp;&nbsp; Series C, 7.50%, 11/15/46<sup>(g)(h)</sup> | 425 | &nbsp;&nbsp; 424970 |
| &nbsp;&nbsp;&nbsp; Kansas City Industrial Development Authority, <br> Refunding RB<sup>(g)(h)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, Class B, 5.00%, 11/15/46 | 772 | &nbsp;&nbsp; 8 |
| &nbsp;&nbsp;&nbsp; Series D, Class D, 2.00%, 11/15/46 | 345 | &nbsp;&nbsp; 4 |
| &nbsp;&nbsp;&nbsp; Kansas City Land Clearance Redevelopment <br> Authority, TA, Series B, Convertible, 5.00%, <br> 02/01/40<sup>(b)</sup><br>| 1240 | &nbsp;&nbsp; 1248531 |
|  |  | &nbsp;&nbsp; 6215525 |
| **Montana — 0.2%** | **Montana — 0.2%** |  |
| City of Forsyth Refunding RB, AMT, 4.00%, 03/01/31 | 4800 | &nbsp;&nbsp; 4801004 |
| **Nevada — 0.2%** | **Nevada — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; City of Las Vegas Nevada Special Improvement <br> District No. 613, SAB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 12/01/47 | 440 | &nbsp;&nbsp; 438133 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Nevada (continued)** | **Nevada (continued)** |  |
| &nbsp;&nbsp;&nbsp; City of Las Vegas Nevada Special Improvement <br> District No. 613, SAB (continued)<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 12/01/53 | 250 | &nbsp;&nbsp; $252114 |
| City of Reno Nevada, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/01/41 | 825 | &nbsp;&nbsp; 854954 |
| &nbsp;&nbsp;&nbsp; 5.13%, 06/01/47 | 1000 | &nbsp;&nbsp; 984306 |
| &nbsp;&nbsp;&nbsp; Tahoe-Douglas Visitors Authority, RB, 5.00%, <br> 07/01/45<br>| 1460 | &nbsp;&nbsp; 1470405 |
|  |  | &nbsp;&nbsp; 3999912 |
| **New Hampshire — 1.6%** | **New Hampshire — 1.6%** |  |
| New Hampshire Business Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 12/01/31<sup>(b)</sup> | 3925 | &nbsp;&nbsp; 3928395 |
| &nbsp;&nbsp;&nbsp; 5.95%, 12/01/31<sup>(b)</sup> | 1345 | &nbsp;&nbsp; 1346419 |
| &nbsp;&nbsp;&nbsp; 5.88%, 12/15/33<sup>(b)</sup> | 4212 | &nbsp;&nbsp; 4213193 |
| &nbsp;&nbsp;&nbsp; 5.25%, 12/01/35<sup>(b)</sup> | 1039 | &nbsp;&nbsp; 1038915 |
| &nbsp;&nbsp;&nbsp; 5.38%, 12/15/35<sup>(b)</sup> | 4440 | &nbsp;&nbsp; 4438435 |
| &nbsp;&nbsp;&nbsp; Series A, 4.13%, 08/15/40 | 1435 | &nbsp;&nbsp; 1329715 |
| &nbsp;&nbsp;&nbsp; Series A, 4.25%, 08/15/46 | 1610 | &nbsp;&nbsp; 1385169 |
| &nbsp;&nbsp;&nbsp; Series A, 4.50%, 08/15/55 | 3350 | &nbsp;&nbsp; 2778307 |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, RB, <br> CAB<sup>(b)(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 04/01/32 | 1755 | &nbsp;&nbsp; 1175203 |
| &nbsp;&nbsp;&nbsp; 0.00%, 12/15/33 | 14330 | &nbsp;&nbsp; 8980099 |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; 1st Series, Class B, 5.75%, 04/28/42 | 2820 | &nbsp;&nbsp; 2970142 |
| &nbsp;&nbsp;&nbsp; Series 2025, Subordinate, 5.15%, 09/28/37 | 5585 | &nbsp;&nbsp; 5702617 |
|  |  | &nbsp;&nbsp; 39286609 |
| **New Jersey — 0.3%** | **New Jersey — 0.3%** |  |
| New Jersey Economic Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/37 | 375 | &nbsp;&nbsp; 375867 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 11/01/54<sup>(b)</sup> | 3955 | &nbsp;&nbsp; 3404128 |
| &nbsp;&nbsp;&nbsp; Series B, 6.50%, 04/01/31 | 1790 | &nbsp;&nbsp; 1802098 |
| &nbsp;&nbsp;&nbsp; New Jersey Health Care Facilities Financing <br> Authority, RB, 4.00%, 07/01/51<br>| 1960 | &nbsp;&nbsp; 1782163 |
|  |  | &nbsp;&nbsp; 7364256 |
| **New York — 5.4%** | **New York — 5.4%** |  |
| &nbsp;&nbsp;&nbsp; Albany Capital Resource Corp., Refunding RB, <br> 4.00%, 07/01/41<sup>(g)(h)</sup><br>| 2114 | &nbsp;&nbsp; 42290 |
| Build NYC Resource Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/32 | 2255 | &nbsp;&nbsp; 2262686 |
| &nbsp;&nbsp;&nbsp; Series A, 5.13%, 07/01/33 | 620 | &nbsp;&nbsp; 651545 |
| &nbsp;&nbsp;&nbsp; Series A, 6.13%, 07/01/43 | 1780 | &nbsp;&nbsp; 1862143 |
| &nbsp;&nbsp;&nbsp; Series A, 6.38%, 07/01/53 | 3260 | &nbsp;&nbsp; 3341137 |
| &nbsp;&nbsp;&nbsp; Build NYC Resource Corp., Refunding RB, AMT, <br> 5.00%, 01/01/35<sup>(b)</sup><br>| 1965 | &nbsp;&nbsp; 1968557 |
| &nbsp;&nbsp;&nbsp; Dutchess County Local Development Corp., <br> Refunding RB, Series B, Refunding RB, 4.00%, <br> 07/01/49<br>| 5000 | &nbsp;&nbsp; 4399469 |
| &nbsp;&nbsp;&nbsp; Huntington Local Development Corp., RB, Series A, <br> 5.25%, 07/01/56<br>| 585 | &nbsp;&nbsp; 475043 |
| &nbsp;&nbsp;&nbsp; New York City Housing Development Corp., RB, M/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series C-1A, 4.20%, 11/01/44 | 3190 | &nbsp;&nbsp; 3120173 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 4.80%, 11/01/55 | 10000 | &nbsp;&nbsp; 9945650 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future <br> Tax Secured Revenue, RB, Series E, Subordinate, <br> 5.00%, 11/01/53<br>| 5000 | &nbsp;&nbsp; 5116454 |
| &nbsp;&nbsp;&nbsp; New York Counties Tobacco Trust IV, Refunding RB, <br> Series A, 6.25%, 06/01/41<sup>(b)</sup><br>| 3000 | &nbsp;&nbsp; 2945491 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares High Yield Muni Active ETF** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **New York (continued)** | **New York (continued)** |  |
| New York Liberty Development Corp., Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 09/15/52 | 9045 | &nbsp;&nbsp; $6669290 |
| &nbsp;&nbsp;&nbsp; Class 2, 5.38%, 11/15/40<sup>(b)</sup> | 1600 | &nbsp;&nbsp; 1600080 |
| &nbsp;&nbsp;&nbsp; Series 1, 2.75%, 02/15/44 | 5320 | &nbsp;&nbsp; 4061315 |
| &nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, 3.00%, 11/15/51 | 8150 | &nbsp;&nbsp; 5859887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, Sustainability Bonds, (BAM-TCRS), <br> 3.00%, 11/15/51<br>| 3800 | &nbsp;&nbsp; 2760810 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, RB, Series A, <br> 5.00%, 03/15/55<br>| 5000 | &nbsp;&nbsp; 5142350 |
| New York State Dormitory Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 05/01/52 | 1645 | &nbsp;&nbsp; 1492967 |
| &nbsp;&nbsp;&nbsp; Series A, 3.00%, 03/15/51 | 4200 | &nbsp;&nbsp; 3052733 |
| &nbsp;&nbsp;&nbsp; Series B, 5.00%, 03/15/54 | 1380 | &nbsp;&nbsp; 1422319 |
| New York Transportation Development Corp., ARB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 12/01/35 | 10000 | &nbsp;&nbsp; 10901488 |
| &nbsp;&nbsp;&nbsp; AMT, 5.63%, 04/01/40 | 2215 | &nbsp;&nbsp; 2351608 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 5.38%, 08/01/36 | 3665 | &nbsp;&nbsp; 3839656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, (AGM), 6.00%, <br> 06/30/50<br>| 3000 | &nbsp;&nbsp; 3255716 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 6.00%, 06/30/55 | 8000 | &nbsp;&nbsp; 8478554 |
| New York Transportation Development Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 10/01/35 | 3845 | &nbsp;&nbsp; 4082331 |
| &nbsp;&nbsp;&nbsp; AMT, 4.00%, 04/30/53 | 4620 | &nbsp;&nbsp; 3909643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, (AGM), 5.13%, <br> 06/30/60<br>| 9900 | &nbsp;&nbsp; 9882734 |
| Suffolk Regional Off-Track Betting Corp., RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/01/34 | 1570 | &nbsp;&nbsp; 1627954 |
| &nbsp;&nbsp;&nbsp; 5.75%, 12/01/44 | 2600 | &nbsp;&nbsp; 2667108 |
| &nbsp;&nbsp;&nbsp; 6.00%, 12/01/53 | 3800 | &nbsp;&nbsp; 3874636 |
| &nbsp;&nbsp;&nbsp; TSASC, Inc., Refunding RB, Series B, 5.00%, <br> 06/01/48<br>| 1625 | &nbsp;&nbsp; 1466451 |
| &nbsp;&nbsp;&nbsp; Ulster County Capital Resource Corp., RB, 5.88%, <br> 09/15/59<sup>(b)</sup><br>| 2500 | &nbsp;&nbsp; 2505111 |
| &nbsp;&nbsp;&nbsp; Westchester County Local Development Corp., <br> Refunding RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/41 | 3300 | &nbsp;&nbsp; 3353202 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/46 | 2205 | &nbsp;&nbsp; 2093443 |
| &nbsp;&nbsp;&nbsp; Westchester Tobacco Asset Securitization Corp., <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Sub-Series C, 4.00%, 06/01/42 | 670 | &nbsp;&nbsp; 548512 |
| &nbsp;&nbsp;&nbsp; Sub-Series C, 5.13%, 06/01/51 | 2000 | &nbsp;&nbsp; 1708778 |
|  |  | &nbsp;&nbsp; 134739314 |
| **North Carolina — 0.4%** | **North Carolina — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; North Carolina Medical Care Commission, RB, <br> 5.25%, 11/01/56<br>| 6175 | &nbsp;&nbsp; 6200840 |
| &nbsp;&nbsp;&nbsp; North Carolina Turnpike Authority, RB, Series A, <br> (AGM), 5.00%, 01/01/58<br>| 3985 | &nbsp;&nbsp; 4048707 |
|  |  | &nbsp;&nbsp; 10249547 |
| **North Dakota — 0.7%** | **North Dakota — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; City of Grand Forks North Dakota, RB, Series A, <br> (AGM), 5.00%, 12/01/48<br>| 1765 | &nbsp;&nbsp; 1798289 |
| &nbsp;&nbsp;&nbsp; County of Cass North Dakota, Refunding RB, <br> Series B, 5.25%, 02/15/58<br>| 1785 | &nbsp;&nbsp; 1791499 |
| &nbsp;&nbsp;&nbsp; North Dakota Housing Finance Agency, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 4.70%, 07/01/45 | 5000 | &nbsp;&nbsp; 5029347 |
| &nbsp;&nbsp;&nbsp; Sustainability Bonds, 4.95%, 07/01/50 | 10000 | &nbsp;&nbsp; 10077955 |
|  |  | &nbsp;&nbsp; 18697090 |
| **Ohio — 2.3%** | **Ohio — 2.3%** |  |
| &nbsp;&nbsp;&nbsp; Buckeye Tobacco Settlement Financing Authority, <br> Refunding RB, Series B-2, Class 2, 5.00%, <br> 06/01/55<br>| 37450 | &nbsp;&nbsp; 30799850 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Ohio (continued)** | **Ohio (continued)** |  |
| &nbsp;&nbsp;&nbsp; Cleveland-Cuyahoga County Port Authority, <br> Refunding RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.38%, 01/01/39 | 455 | &nbsp;&nbsp; $468886 |
| &nbsp;&nbsp;&nbsp; Series A, 5.88%, 01/01/49 | 1095 | &nbsp;&nbsp; 1091039 |
| &nbsp;&nbsp;&nbsp; County of Hamilton Ohio, Refunding RB, 5.00%, <br> 01/01/46<br>| 1435 | &nbsp;&nbsp; 1415489 |
| County of Hardin Ohio, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/30 | 620 | &nbsp;&nbsp; 623456 |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/01/40 | 615 | &nbsp;&nbsp; 597200 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/50 | 2895 | &nbsp;&nbsp; 2602928 |
| &nbsp;&nbsp;&nbsp; Hickory Chase Community Authority, Refunding RB, <br> 5.00%, 12/01/40<sup>(b)</sup><br>| 4500 | &nbsp;&nbsp; 4594532 |
| &nbsp;&nbsp;&nbsp; New York Energy Finance Development Corp., <br> Refunding RB, Series B-3, Class 2, 0.00%, <br> 06/01/57<sup>(d)</sup><br>| 102740 | &nbsp;&nbsp; 7800607 |
| &nbsp;&nbsp;&nbsp; Ohio Higher Educational Facility Commission, <br> Refunding RB, 4.00%, 10/01/47<br>| 3500 | &nbsp;&nbsp; 2846952 |
| &nbsp;&nbsp;&nbsp; Ohio Housing Finance Agency, RB, M/F Housing, <br> Series A, 5.70%, 08/01/43<sup>(b)</sup><br>| 3500 | &nbsp;&nbsp; 3654400 |
|  |  | &nbsp;&nbsp; 56495339 |
| **Oklahoma — 1.0%** | **Oklahoma — 1.0%** |  |
| Oklahoma Development Finance Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.25%, 09/01/51 | 14040 | &nbsp;&nbsp; 13861234 |
| &nbsp;&nbsp;&nbsp; Series A-2, 7.25%, 09/01/51 | 1920 | &nbsp;&nbsp; 1895553 |
| &nbsp;&nbsp;&nbsp; Tulsa County Industrial Authority, Refunding RB, <br> 5.25%, 11/15/37<br>| 1050 | &nbsp;&nbsp; 1067125 |
| &nbsp;&nbsp;&nbsp; Tulsa Municipal Airport Trust Trustees, Refunding <br> ARB, AMT, 6.25%, 12/01/40<br>| 6420 | &nbsp;&nbsp; 7213970 |
| &nbsp;&nbsp;&nbsp; Tulsa Municipal Airport Trust Trustees, Refunding RB, <br> Series C, AMT, 5.50%, 12/01/35<br>| 1260 | &nbsp;&nbsp; 1261510 |
|  |  | &nbsp;&nbsp; 25299392 |
| **Oregon — 0.8%** | **Oregon — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; Clackamas County Hospital Facility Authority, <br> Refunding RB, Series A, 5.25%, 11/15/50<br>| 800 | &nbsp;&nbsp; 790831 |
| &nbsp;&nbsp;&nbsp; Oregon Health & Science University, Refunding RB, <br> Series A, Sustainability Bonds, 3.00%, 07/01/51<br>| 3300 | &nbsp;&nbsp; 2328551 |
| Oregon State Facilities Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/15/49 | 915 | &nbsp;&nbsp; 813903 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 06/15/55 | 505 | &nbsp;&nbsp; 453535 |
| &nbsp;&nbsp;&nbsp; Port of Morrow Oregon, GOL, Series A, 5.15%, <br> 10/01/26<sup>(b)</sup><br>| 15040 | &nbsp;&nbsp; 15044184 |
|  |  | &nbsp;&nbsp; 19431004 |
| **Pennsylvania — 2.7%** | **Pennsylvania — 2.7%** |  |
| Allegheny Community Broadband, Inc., RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.75%, 09/01/45 | 530 | &nbsp;&nbsp; 523848 |
| &nbsp;&nbsp;&nbsp; 8.00%, 09/01/51 | 625 | &nbsp;&nbsp; 608794 |
| &nbsp;&nbsp;&nbsp; Allentown Neighborhood Improvement Zone <br> Development Authority, RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 05/01/32 | 300 | &nbsp;&nbsp; 309472 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 05/01/42 | 300 | &nbsp;&nbsp; 305387 |
| &nbsp;&nbsp;&nbsp; Beaver County Industrial Development Authority, <br> Refunding RB, Series B, 3.75%, 10/01/47<br>| 10165 | &nbsp;&nbsp; 8483621 |
| Doylestown Hospital Authority, Refunding RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/31 | 485 | &nbsp;&nbsp; 517076 |
| &nbsp;&nbsp;&nbsp; 5.38%, 07/01/39 | 1125 | &nbsp;&nbsp; 1244610 |
| &nbsp;&nbsp;&nbsp; Lancaster County Hospital Authority, RB, 5.00%, <br> 11/01/46<br>| 4890 | &nbsp;&nbsp; 4936359 |
| &nbsp;&nbsp;&nbsp; Lancaster Municipal Authority, RB, Series B, 5.00%, <br> 05/01/54<br>| 300 | &nbsp;&nbsp; 295164 |
| &nbsp;&nbsp;&nbsp; Montgomery County Higher Education and Health <br> Authority, Refunding RB, (BAM-TCRS), 4.00%, <br> 09/01/49<br>| 3000 | &nbsp;&nbsp; 2678995 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares High Yield Muni Active ETF** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Pennsylvania (continued)** | **Pennsylvania (continued)** |  |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing <br> Authority, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 09/01/47<sup>(b)</sup> | 16590 | &nbsp;&nbsp; $17331447 |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 06/30/48 | 2890 | &nbsp;&nbsp; 3031426 |
| &nbsp;&nbsp;&nbsp; AMT, 5.25%, 06/30/53 | 8940 | &nbsp;&nbsp; 9030375 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing <br> Authority, Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, 5.25%, 12/01/38<sup>(c)</sup> | 1750 | &nbsp;&nbsp; 1758762 |
| &nbsp;&nbsp;&nbsp; Series C, 5.25%, 12/01/37<sup>(c)</sup> | 3065 | &nbsp;&nbsp; 3080472 |
| &nbsp;&nbsp;&nbsp; AMT, 5.50%, 11/01/44 | 5390 | &nbsp;&nbsp; 5392403 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Education Assistance Agency, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series 1A, AMT, 4.75%, 06/01/46 | 2980 | &nbsp;&nbsp; 2998354 |
| &nbsp;&nbsp;&nbsp; Sub-Series 1C, AMT, 5.00%, 06/01/51 | 640 | &nbsp;&nbsp; 612436 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency, RB, S/F <br> Housing, Sustainability Bonds, 4.90%, 10/01/50<br>| 4000 | &nbsp;&nbsp; 4015568 |
| &nbsp;&nbsp;&nbsp; School District of Philadelphia, GOL, Series A, (SAW), <br> 5.50%, 09/01/48<br>| 490 | &nbsp;&nbsp; 517774 |
|  |  | &nbsp;&nbsp; 67672343 |
| **Puerto Rico — 8.1%** | **Puerto Rico — 8.1%** |  |
| &nbsp;&nbsp;&nbsp; Children's Trust Fund, RB, Series A, 0.00%, <br> 05/15/57<sup>(d)</sup><br>| 80860 | &nbsp;&nbsp; 3834042 |
| &nbsp;&nbsp;&nbsp; Children's Trust Fund, Refunding RB, Series B, <br> 0.00%, 05/15/55<sup>(d)</sup><br>| 2000 | &nbsp;&nbsp; 240550 |
| Commonwealth of Puerto Rico, GO |  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.63%, 07/01/29 | 3605 | &nbsp;&nbsp; 3830188 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.75%, 07/01/31 | 3402 | &nbsp;&nbsp; 3755513 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 4.00%, 07/01/41 | 1059 | &nbsp;&nbsp; 994475 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 4.00%, 07/01/46 | 15918 | &nbsp;&nbsp; 14175517 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Puerto Rico, GO, CAB, Series A, <br> Restructured, 0.00%, 07/01/33<sup>(d)</sup><br>| 5283 | &nbsp;&nbsp; 3866795 |
| Commonwealth of Puerto Rico, NOTES<sup>(c)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 11/01/51<sup>(g)(h)</sup> | 96814 | &nbsp;&nbsp; 58572570 |
| &nbsp;&nbsp;&nbsp; 0.00%, 11/01/51 | 36200 | &nbsp;&nbsp; 10769500 |
| &nbsp;&nbsp;&nbsp; Series A-1, 0.00%, 11/01/43<sup>(g)(h)</sup> | 10800 | &nbsp;&nbsp; 7074000 |
| &nbsp;&nbsp;&nbsp; PRIFA Custodial Trust, RB, Series 2005, 0.00%, <br> 03/15/49<br>| 3300 | &nbsp;&nbsp; 821653 |
| Puerto Rico Electric Power Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/27 | 2290 | &nbsp;&nbsp; 1525712 |
| &nbsp;&nbsp;&nbsp; Series A, 7.25%, 07/01/30<sup>(g)(h)</sup> | 250 | &nbsp;&nbsp; 166563 |
| &nbsp;&nbsp;&nbsp; Series A, 7.00%, 07/01/33<sup>(g)(h)</sup> | 8735 | &nbsp;&nbsp; 5819694 |
| &nbsp;&nbsp;&nbsp; Series A, 6.75%, 07/01/36<sup>(g)(h)</sup> | 5830 | &nbsp;&nbsp; 3884237 |
| &nbsp;&nbsp;&nbsp; Series A, 7.00%, 07/01/40 | 1000 | &nbsp;&nbsp; 666250 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/42<sup>(g)(h)</sup> | 1605 | &nbsp;&nbsp; 1069331 |
| &nbsp;&nbsp;&nbsp; Series A, 5.05%, 07/01/42<sup>(g)(h)</sup> | 1080 | &nbsp;&nbsp; 719550 |
| &nbsp;&nbsp;&nbsp; Series A, 7.00%, 07/01/43<sup>(g)(h)</sup> | 775 | &nbsp;&nbsp; 516344 |
| &nbsp;&nbsp;&nbsp; Series A-1, 10.00%, 07/01/19<sup>(g)(h)</sup> | 230 | &nbsp;&nbsp; 153667 |
| &nbsp;&nbsp;&nbsp; Series A-2, 10.00%, 07/01/19<sup>(g)(h)</sup> | 1161 | &nbsp;&nbsp; 775253 |
| &nbsp;&nbsp;&nbsp; Series A-3, 10.00%, 07/01/19<sup>(g)(h)</sup> | 748 | &nbsp;&nbsp; 499068 |
| &nbsp;&nbsp;&nbsp; Series B-3, 10.00%, 07/01/19<sup>(g)(h)</sup> | 748 | &nbsp;&nbsp; 499068 |
| &nbsp;&nbsp;&nbsp; Series C-1, 5.40%, 01/01/18<sup>(g)(h)</sup> | 2054 | &nbsp;&nbsp; 1371162 |
| &nbsp;&nbsp;&nbsp; Series C-2, 5.40%, 07/01/18<sup>(g)(h)</sup> | 2055 | &nbsp;&nbsp; 1371384 |
| &nbsp;&nbsp;&nbsp; Series C-3, 5.40%, 01/01/20<sup>(g)(h)</sup> | 208 | &nbsp;&nbsp; 138624 |
| &nbsp;&nbsp;&nbsp; Series C-4, 5.40%, 07/01/20<sup>(g)(h)</sup> | 208 | &nbsp;&nbsp; 138624 |
| &nbsp;&nbsp;&nbsp; Series CCC, 5.00%, 07/01/22 | 715 | &nbsp;&nbsp; 477263 |
| &nbsp;&nbsp;&nbsp; Series CCC, 5.00%, 07/01/25 | 620 | &nbsp;&nbsp; 413850 |
| &nbsp;&nbsp;&nbsp; Series CCC, 5.25%, 07/01/26<sup>(g)(h)</sup> | 590 | &nbsp;&nbsp; 393088 |
| &nbsp;&nbsp;&nbsp; Series CCC, 5.25%, 07/01/28<sup>(g)(h)</sup> | 1945 | &nbsp;&nbsp; 1295856 |
| &nbsp;&nbsp;&nbsp; Series D-1, 7.50%, 01/01/20<sup>(g)(h)</sup> | 2332 | &nbsp;&nbsp; 1556764 |
| &nbsp;&nbsp;&nbsp; Series D-2, 7.50%, 01/01/20<sup>(g)(h)</sup> | 4430 | &nbsp;&nbsp; 2956980 |
| &nbsp;&nbsp;&nbsp; Series D-4, 7.50%, 07/01/20<sup>(g)(h)</sup> | 709 | &nbsp;&nbsp; 473428 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Puerto Rico (continued)** | **Puerto Rico (continued)** |  |
| Puerto Rico Electric Power Authority, RB (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Series TT, 5.00%, 07/01/18<sup>(g)(h)</sup> | 900 | &nbsp;&nbsp; $600750 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.50%, 07/01/17<sup>(g)(h)</sup> | 475 | &nbsp;&nbsp; 317063 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.50%, 07/01/18<sup>(g)(h)</sup> | 415 | &nbsp;&nbsp; 277013 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.50%, 07/01/19<sup>(g)(h)</sup> | 335 | &nbsp;&nbsp; 223613 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.38%, 07/01/22<sup>(g)(h)</sup> | 4500 | &nbsp;&nbsp; 3003750 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.38%, 07/01/24<sup>(g)(h)</sup> | 815 | &nbsp;&nbsp; 544012 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.25%, 07/01/25 | 1940 | &nbsp;&nbsp; 1294950 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.25%, 07/01/33<sup>(g)(h)</sup> | 315 | &nbsp;&nbsp; 209869 |
| &nbsp;&nbsp;&nbsp; Series WW, 5.50%, 07/01/38<sup>(g)(h)</sup> | 415 | &nbsp;&nbsp; 276494 |
| &nbsp;&nbsp;&nbsp; Series XX, 5.25%, 07/01/17<sup>(g)(h)</sup> | 230 | &nbsp;&nbsp; 153238 |
| &nbsp;&nbsp;&nbsp; Series XX, 5.25%, 07/01/35<sup>(g)(h)</sup> | 705 | &nbsp;&nbsp; 469706 |
| &nbsp;&nbsp;&nbsp; Series XX, 5.75%, 07/01/36<sup>(g)(h)</sup> | 2870 | &nbsp;&nbsp; 1912137 |
| &nbsp;&nbsp;&nbsp; Series XX, 5.25%, 07/01/40<sup>(g)(h)</sup> | 8150 | &nbsp;&nbsp; 5429937 |
| Puerto Rico Electric Power Authority, Refunding RB |  |  |
| &nbsp;&nbsp;&nbsp; Series AAA, 5.25%, 07/01/22<sup>(g)(h)</sup> | 765 | &nbsp;&nbsp; 510637 |
| &nbsp;&nbsp;&nbsp; Series AAA, 5.25%, 07/01/25 | 3560 | &nbsp;&nbsp; 2376300 |
| &nbsp;&nbsp;&nbsp; Series AAA, 5.25%, 07/01/28<sup>(g)(h)</sup> | 3655 | &nbsp;&nbsp; 2435144 |
| &nbsp;&nbsp;&nbsp; Series AAA, 5.25%, 07/01/29<sup>(g)(h)</sup> | 190 | &nbsp;&nbsp; 126588 |
| &nbsp;&nbsp;&nbsp; Series UU, 0.00%, 07/01/17<sup>(c)(g)(h)</sup> | 2660 | &nbsp;&nbsp; 1775550 |
| &nbsp;&nbsp;&nbsp; Series UU, 0.00%, 07/01/18<sup>(c)(g)(h)</sup> | 125 | &nbsp;&nbsp; 83438 |
| &nbsp;&nbsp;&nbsp; Series UU, 0.00%, 07/01/20<sup>(c)(g)(h)</sup> | 1135 | &nbsp;&nbsp; 757612 |
| &nbsp;&nbsp;&nbsp; Series UU, 1.00%, 07/01/31<sup>(c)(g)(h)</sup> | 1345 | &nbsp;&nbsp; 896106 |
| &nbsp;&nbsp;&nbsp; Series ZZ, 5.25%, 07/01/19<sup>(g)(h)</sup> | 1050 | &nbsp;&nbsp; 700875 |
| &nbsp;&nbsp;&nbsp; Series ZZ, 5.25%, 07/01/23<sup>(g)(h)</sup> | 370 | &nbsp;&nbsp; 246975 |
| &nbsp;&nbsp;&nbsp; Series ZZ, 5.25%, 07/01/25<sup>(g)(h)</sup> | 265 | &nbsp;&nbsp; 176888 |
| &nbsp;&nbsp;&nbsp; Series ZZ, 5.00%, 07/01/28<sup>(g)(h)</sup> | 345 | &nbsp;&nbsp; 229856 |
| &nbsp;&nbsp;&nbsp; Series ZZ, 5.00%, 12/29/49<sup>(g)(h)</sup> | 330 | &nbsp;&nbsp; 220275 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Industrial Tourist Educational Medical & <br> Envirml Ctl Facs Fing Authority, ARB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, AMT, 6.75%, 01/01/45 | 680 | &nbsp;&nbsp; 770460 |
| &nbsp;&nbsp;&nbsp; Series A-2, AMT, 6.50%, 01/01/42 | 445 | &nbsp;&nbsp; 507930 |
| &nbsp;&nbsp;&nbsp; Series A-2, AMT, 6.75%, 01/01/45 | 680 | &nbsp;&nbsp; 770460 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 5.00%, 07/01/58 | 11600 | &nbsp;&nbsp; 11353543 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.54%, 07/01/53 | 1564 | &nbsp;&nbsp; 1441278 |
| &nbsp;&nbsp;&nbsp; Series A-2, Restructured, 4.78%, 07/01/58 | 1495 | &nbsp;&nbsp; 1426112 |
| &nbsp;&nbsp;&nbsp; Series B-1, Restructured, 5.00%, 07/01/58 | 4880 | &nbsp;&nbsp; 4709149 |
| &nbsp;&nbsp;&nbsp; Series B-2, Restructured, 4.78%, 07/01/58 | 626 | &nbsp;&nbsp; 597154 |
| &nbsp;&nbsp;&nbsp; Puerto Rico Sales Tax Financing Corp. Sales Tax <br> Revenue, RB, CAB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 0.00%, 07/01/33 | 2574 | &nbsp;&nbsp; 1968226 |
| &nbsp;&nbsp;&nbsp; Series A-1, Restructured, 0.00%, 07/01/46 | 47577 | &nbsp;&nbsp; 16484550 |
| &nbsp;&nbsp;&nbsp; Series B-1, Restructured, 0.00%, 07/01/46 | 8066 | &nbsp;&nbsp; 2794720 |
|  |  | &nbsp;&nbsp; 202888921 |
| **Rhode Island — 0.2%** | **Rhode Island — 0.2%** |  |
| &nbsp;&nbsp;&nbsp; Rhode Island Health and Educational Building Corp. <br> RB, Series A, (AGM), 5.00%, 07/01/65<br>| 5080 | &nbsp;&nbsp; 5003693 |
| &nbsp;&nbsp;&nbsp; Tobacco Settlement Financing Corp., RB, CAB, <br> Series A, 0.00%, 06/01/52<sup>(d)</sup><br>| 6280 | &nbsp;&nbsp; 912790 |
|  |  | &nbsp;&nbsp; 5916483 |
| **South Carolina — 1.4%** | **South Carolina — 1.4%** |  |
| &nbsp;&nbsp;&nbsp; City of Goose Creek South Carolina, SAB, 5.25%, <br> 10/01/45<sup>(b)</sup><br>| 1000 | &nbsp;&nbsp; 1002978 |
| City of Hardeeville South Carolina, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 05/01/32 | 110 | &nbsp;&nbsp; 100300 |
| &nbsp;&nbsp;&nbsp; 3.88%, 05/01/41 | 240 | &nbsp;&nbsp; 205579 |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/01/52 | 165 | &nbsp;&nbsp; 124274 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares High Yield Muni Active ETF** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **South Carolina (continued)** | **South Carolina (continued)** |  |
| &nbsp;&nbsp;&nbsp; County of Dorchester South Carolina, SAB, 6.00%, <br> 10/01/51<sup>(b)</sup><br>| 2240 | &nbsp;&nbsp; $2256167 |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development <br> Authority, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 08/15/62<sup>(b)</sup> | 1935 | &nbsp;&nbsp; 1728431 |
| &nbsp;&nbsp;&nbsp; Series A, 5.63%, 10/01/60 | 1330 | &nbsp;&nbsp; 1311740 |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development <br> Authority, RB, M/F Housing<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 03/01/65<sup>(c)</sup> | 14770 | &nbsp;&nbsp; 14072491 |
| &nbsp;&nbsp;&nbsp; Series A, 6.75%, 12/01/60 | 14985 | &nbsp;&nbsp; 14793395 |
|  |  | &nbsp;&nbsp; 35595355 |
| **Tennessee — 1.2%** | **Tennessee — 1.2%** |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson <br> County Health & Educational Fcilities Board, <br> Refunding RB, 4.00%, 10/01/49<br>| 1635 | &nbsp;&nbsp; 1323935 |
| &nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson <br> County Industrial Development Board, SAB, CAB, <br> 0.00%, 06/01/43<sup>(b)(d)</sup><br>| 3830 | &nbsp;&nbsp; 1662151 |
| Metropolitan Nashville Airport Authority, ARB<sup>(f)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.25%, 07/01/56 | 4410 | &nbsp;&nbsp; 4573439 |
| &nbsp;&nbsp;&nbsp; Series B, AMT, 5.50%, 07/01/56 | 7400 | &nbsp;&nbsp; 7860965 |
| Tennergy Corp., RB, Series A, 5.50%, 10/01/53<sup>(c)</sup> | 7435 | &nbsp;&nbsp; 7954390 |
| &nbsp;&nbsp;&nbsp; Tennessee Energy Acquisition Corp., RB, Series A, <br> 5.00%, 05/01/52<sup>(c)</sup><br>| 6360 | &nbsp;&nbsp; 6827142 |
|  |  | &nbsp;&nbsp; 30202022 |
| **Texas — 6.6%** | **Texas — 6.6%** |  |
| &nbsp;&nbsp;&nbsp; Angelina & Neches River Authority, RB, Series A, <br> AMT, 7.50%, 12/01/45<sup>(b)(g)(h)</sup><br>| 2340 | &nbsp;&nbsp; 46800 |
| Arlington Higher Education Finance Corp., RB<sup>(b)(g)(h)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 08/15/54 | 6160 | &nbsp;&nbsp; 4628646 |
| &nbsp;&nbsp;&nbsp; 7.50%, 04/01/62 | 1970 | &nbsp;&nbsp; 985000 |
| &nbsp;&nbsp;&nbsp; 7.88%, 11/01/62 | 1670 | &nbsp;&nbsp; 1002000 |
| &nbsp;&nbsp;&nbsp; Arlington Higher Education Finance Corp., Refunding <br> RB, (PSF), 3.00%, 08/15/50<br>| 4405 | &nbsp;&nbsp; 3156028 |
| &nbsp;&nbsp;&nbsp; Beaumont Housing Authority, RB, M/F Housing, <br> Series A, Senior Lien, 6.50%, 07/01/55<sup>(b)</sup><br>| 1270 | &nbsp;&nbsp; 1255167 |
| &nbsp;&nbsp;&nbsp; Central Texas Regional Mobility Authority, Refunding <br> RB<sup>(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 01/01/28 | 3000 | &nbsp;&nbsp; 2848060 |
| &nbsp;&nbsp;&nbsp; 0.00%, 01/01/29 | 500 | &nbsp;&nbsp; 461313 |
| &nbsp;&nbsp;&nbsp; 0.00%, 01/01/30 | 1330 | &nbsp;&nbsp; 1193387 |
| &nbsp;&nbsp;&nbsp; 0.00%, 01/01/31 | 4000 | &nbsp;&nbsp; 3484498 |
| City of Anna Texas, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 09/15/31<sup>(b)</sup> | 202 | &nbsp;&nbsp; 206216 |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/15/44<sup>(b)</sup> | 769 | &nbsp;&nbsp; 780178 |
| &nbsp;&nbsp;&nbsp; 5.75%, 09/15/54<sup>(b)</sup> | 195 | &nbsp;&nbsp; 196636 |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/15/55 | 1000 | &nbsp;&nbsp; 999121 |
| City of Aubrey Texas, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 12/31/45 | 1000 | &nbsp;&nbsp; 989366 |
| &nbsp;&nbsp;&nbsp; 5.63%, 12/31/55 | 1750 | &nbsp;&nbsp; 1729026 |
| City of Bastrop Texas, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 09/01/45 | 390 | &nbsp;&nbsp; 392982 |
| &nbsp;&nbsp;&nbsp; 5.63%, 09/01/55 | 780 | &nbsp;&nbsp; 783772 |
| City of Buda Texas, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 09/01/55 | 1080 | &nbsp;&nbsp; 1058682 |
| &nbsp;&nbsp;&nbsp; 6.75%, 09/01/55 | 2170 | &nbsp;&nbsp; 2130302 |
| City of Celina Texas, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 09/01/45 | 390 | &nbsp;&nbsp; 386920 |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/01/45 | 100 | &nbsp;&nbsp; 100320 |
| &nbsp;&nbsp;&nbsp; 5.63%, 09/01/55 | 1010 | &nbsp;&nbsp; 994190 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Texas (continued)** | **Texas (continued)** |  |
| City of Corpus Christi Texas, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 09/15/31 | $53 | &nbsp;&nbsp; $55218 |
| &nbsp;&nbsp;&nbsp; 6.13%, 09/15/44 | 450 | &nbsp;&nbsp; 451720 |
| &nbsp;&nbsp;&nbsp; 6.50%, 09/15/54 | 767 | &nbsp;&nbsp; 764429 |
| City of Crandall Texas, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/15/41 | 500 | &nbsp;&nbsp; 489375 |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/15/45 | 270 | &nbsp;&nbsp; 267182 |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/15/55 | 650 | &nbsp;&nbsp; 642872 |
| &nbsp;&nbsp;&nbsp; 5.63%, 09/15/55 | 1450 | &nbsp;&nbsp; 1429208 |
| City of Ennis Texas, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/15/45 | 600 | &nbsp;&nbsp; 594459 |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/15/55 | 880 | &nbsp;&nbsp; 860371 |
| City of Fate Texas, SAB, 5.75%, 08/15/54<sup>(b)</sup> | 290 | &nbsp;&nbsp; 290681 |
| City of Friendswood Texas, SAB, 7.00%, 09/15/54 | 2146 | &nbsp;&nbsp; 2150534 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, ARB, <br> Series A, AMT, 4.00%, 07/01/41<br>| 3600 | &nbsp;&nbsp; 3316528 |
| &nbsp;&nbsp;&nbsp; City of Houston Texas Airport System Revenue, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.00%, 07/01/29 | 5400 | &nbsp;&nbsp; 5407084 |
| &nbsp;&nbsp;&nbsp; Series C, AMT, 5.00%, 07/15/27 | 5525 | &nbsp;&nbsp; 5622364 |
| City of Hutto Texas, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 09/01/45 | 300 | &nbsp;&nbsp; 295409 |
| &nbsp;&nbsp;&nbsp; 5.38%, 09/01/60 | 1000 | &nbsp;&nbsp; 968770 |
| City of Lavon Texas, SAB |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 09/15/55 | 1450 | &nbsp;&nbsp; 1442621 |
| &nbsp;&nbsp;&nbsp; 6.38%, 09/15/55 | 1200 | &nbsp;&nbsp; 1184073 |
| City of Marble Falls Texas, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 09/01/31 | 100 | &nbsp;&nbsp; 98583 |
| &nbsp;&nbsp;&nbsp; 4.88%, 09/01/41 | 295 | &nbsp;&nbsp; 281730 |
| &nbsp;&nbsp;&nbsp; 6.38%, 09/01/44 | 180 | &nbsp;&nbsp; 176831 |
| &nbsp;&nbsp;&nbsp; 5.13%, 09/01/51 | 500 | &nbsp;&nbsp; 447430 |
| &nbsp;&nbsp;&nbsp; 6.63%, 09/01/54 | 1140 | &nbsp;&nbsp; 1097603 |
| City of Oak Point Texas, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.10%, 09/15/44 | 500 | &nbsp;&nbsp; 493104 |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/15/54 | 230 | &nbsp;&nbsp; 218717 |
| &nbsp;&nbsp;&nbsp; 5.63%, 09/15/54 | 1000 | &nbsp;&nbsp; 987281 |
| City of Pilot Point Texas, SAB, 6.13%, 09/15/45<sup>(b)</sup> | 1440 | &nbsp;&nbsp; 1489476 |
| City of Princeton Texas, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 09/01/31 | 150 | &nbsp;&nbsp; 151456 |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/01/44 | 350 | &nbsp;&nbsp; 348752 |
| &nbsp;&nbsp;&nbsp; 5.13%, 09/01/44 | 425 | &nbsp;&nbsp; 418259 |
| &nbsp;&nbsp;&nbsp; 5.38%, 09/01/45 | 715 | &nbsp;&nbsp; 719136 |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/01/54 | 575 | &nbsp;&nbsp; 561269 |
| &nbsp;&nbsp;&nbsp; 5.38%, 09/01/54 | 642 | &nbsp;&nbsp; 623733 |
| &nbsp;&nbsp;&nbsp; 5.63%, 09/01/55 | 2460 | &nbsp;&nbsp; 2454646 |
| City of San Marcos Texas, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 09/01/27 | 100 | &nbsp;&nbsp; 99267 |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/32 | 237 | &nbsp;&nbsp; 232786 |
| &nbsp;&nbsp;&nbsp; 4.25%, 09/01/42 | 750 | &nbsp;&nbsp; 686936 |
| &nbsp;&nbsp;&nbsp; 4.50%, 09/01/51 | 520 | &nbsp;&nbsp; 449145 |
| City of Seagoville Texas, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 09/15/45 | 625 | &nbsp;&nbsp; 639417 |
| &nbsp;&nbsp;&nbsp; 6.00%, 09/15/54 | 295 | &nbsp;&nbsp; 301385 |
| City of Terrell Texas, SAB, 7.00%, 09/15/55<sup>(b)</sup> | 3855 | &nbsp;&nbsp; 3920458 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp., RB, Series A, <br> 6.00%, 06/15/54<sup>(b)</sup><br>| 400 | &nbsp;&nbsp; 371735 |
| &nbsp;&nbsp;&nbsp; Club Municipal Management District No. 1, SAB, <br> 5.38%, 09/01/55<sup>(b)</sup><br>| 550 | &nbsp;&nbsp; 549152 |
| County of Denton Texas, SAB, 5.88%, 12/31/45<sup>(b)</sup> | 1540 | &nbsp;&nbsp; 1585619 |
| &nbsp;&nbsp;&nbsp; County of Hays Texas, Refunding SAB, 5.63%, <br> 09/15/45<sup>(b)</sup><br>| 1050 | &nbsp;&nbsp; 1050626 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares High Yield Muni Active ETF** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Texas (continued)** | **Texas (continued)** |  |
| &nbsp;&nbsp;&nbsp; Fort Bend County Industrial Development Corp., RB, <br> Series B, 4.75%, 11/01/42<br>| 1380 | &nbsp;&nbsp; $1380245 |
| &nbsp;&nbsp;&nbsp; Harris County Cultural Education Facilities Finance <br> Corp., Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/43 | 520 | &nbsp;&nbsp; 520035 |
| &nbsp;&nbsp;&nbsp; Series A, 5.13%, 01/01/48 | 1535 | &nbsp;&nbsp; 1507587 |
| &nbsp;&nbsp;&nbsp; Harris County Improvement District No 18 GO, <br> Series A, (BAM), 3.50%, 09/01/47<br>| 1465 | &nbsp;&nbsp; 1208716 |
| Hemphill County Hospital District, GOL |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 02/01/39 | 1500 | &nbsp;&nbsp; 1436800 |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/01/45 | 2500 | &nbsp;&nbsp; 2191400 |
| &nbsp;&nbsp;&nbsp; Houston Higher Education Finance Corp., RB, 4.00%, <br> 10/01/51<br>| 1400 | &nbsp;&nbsp; 1089847 |
| &nbsp;&nbsp;&nbsp; New Hope Cultural Education Facilities Finance <br> Corp., RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 01/01/55 | 700 | &nbsp;&nbsp; 588923 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/57 | 3000 | &nbsp;&nbsp; 1944039 |
| &nbsp;&nbsp;&nbsp; New Hope Cultural Education Facilities Finance <br> Corp., Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 01/01/55 | 1100 | &nbsp;&nbsp; 1096801 |
| &nbsp;&nbsp;&nbsp; Series A, 6.75%, 10/01/52 | 5000 | &nbsp;&nbsp; 5136231 |
| &nbsp;&nbsp;&nbsp; New Hope Higher Education Finance Corp., RB, <br> Series A, 5.75%, 06/15/51<sup>(b)</sup><br>| 5580 | &nbsp;&nbsp; 4119447 |
| &nbsp;&nbsp;&nbsp; Port of Beaumont Industrial Development Authority, <br> RB, 4.10%, 01/01/28<sup>(b)</sup><br>| 6900 | &nbsp;&nbsp; 6301611 |
| &nbsp;&nbsp;&nbsp; Port of Beaumont Navigation District, RB, AMT, <br> 2.88%, 01/01/41<sup>(b)</sup><br>| 2225 | &nbsp;&nbsp; 1676092 |
| &nbsp;&nbsp;&nbsp; Port of Beaumont Navigation District, Refunding ARB, <br> Series B, 10.00%, 07/01/26<sup>(b)</sup><br>| 3820 | &nbsp;&nbsp; 3831075 |
| Port of Beaumont Navigation District, Refunding RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 3.63%, 01/01/35 | 3380 | &nbsp;&nbsp; 3201147 |
| &nbsp;&nbsp;&nbsp; Series A, AMT, 4.00%, 01/01/50 | 31160 | &nbsp;&nbsp; 24121221 |
| &nbsp;&nbsp;&nbsp; San Antonio Education Facilities Corp., RB, Series A, <br> 5.00%, 10/01/41<br>| 645 | &nbsp;&nbsp; 563142 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance <br> Corp., RB, Series A, 5.00%, 11/15/55<br>| 2410 | &nbsp;&nbsp; 2464507 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance <br> Corp., Refunding RB, 3.00%, 12/01/50<br>| 5000 | &nbsp;&nbsp; 3603872 |
| &nbsp;&nbsp;&nbsp; Texas Community Housing & Economic Development <br> Corp., RB, M/F Housing, Series A1, Senior Lien, <br> 6.25%, 01/01/65<sup>(b)</sup><br>| 4935 | &nbsp;&nbsp; 4592964 |
| &nbsp;&nbsp;&nbsp; Texas Municipal Gas Acquisition & Supply Corp., III, <br> Refunding RB, 5.00%, 12/15/32<br>| 1500 | &nbsp;&nbsp; 1633621 |
| Texas Water Development Board, RB |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 10/15/45 | 3215 | &nbsp;&nbsp; 3127489 |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/15/55 | 12100 | &nbsp;&nbsp; 12130844 |
|  |  | &nbsp;&nbsp; 165963696 |
| **Utah — 1.8%** | **Utah — 1.8%** |  |
| &nbsp;&nbsp;&nbsp; Arrowhead Springs Public Infrastructure District, GOL, <br> 6.00%, 03/01/56<sup>(b)</sup><br>| 7100 | &nbsp;&nbsp; 7070343 |
| &nbsp;&nbsp;&nbsp; Black Desert Public Infrastructure District, GOL, <br> Series A, 4.00%, 03/01/51<sup>(b)</sup><br>| 3921 | &nbsp;&nbsp; 3141367 |
| &nbsp;&nbsp;&nbsp; Black Desert Public Infrastructure District, SAB, <br> 5.63%, 12/01/53<sup>(b)</sup><br>| 4000 | &nbsp;&nbsp; 4022423 |
| County of Utah, RB, Series A, 3.00%, 05/15/50 | 940 | &nbsp;&nbsp; 693625 |
| &nbsp;&nbsp;&nbsp; Mida Mountain Village Public Infrastructure District, <br> TA<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 06/01/50 | 1450 | &nbsp;&nbsp; 1458045 |
| &nbsp;&nbsp;&nbsp; Series 1, Subordinate, 5.13%, 06/15/54 | 2000 | &nbsp;&nbsp; 1965300 |
| &nbsp;&nbsp;&nbsp; Series 2, Subordinate, 5.75%, 06/15/44 | 1500 | &nbsp;&nbsp; 1539377 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Utah (continued)** | **Utah (continued)** |  |
| &nbsp;&nbsp;&nbsp; Point Phase 1 Public Infrastructure District No. 1, RB, <br> Series A-1, 6.13%, 03/01/55<br>| 1000 | &nbsp;&nbsp; $1036272 |
| &nbsp;&nbsp;&nbsp; Ridges Estates Infrastructure Financing District, SAB, <br> 6.25%, 12/01/53<sup>(b)</sup><br>| 5352 | &nbsp;&nbsp; 5505229 |
| &nbsp;&nbsp;&nbsp; SkyRidge Pegasus Infrastructure Financing District, <br> SAB, 5.25%, 12/01/44<sup>(b)</sup><br>| 3850 | &nbsp;&nbsp; 3826985 |
| &nbsp;&nbsp;&nbsp; Utah Charter School Finance Authority, RB, Series A, <br> 5.00%, 06/15/52<sup>(b)</sup><br>| 1320 | &nbsp;&nbsp; 1087362 |
| Utah Housing Corp., RB, S/F Housing |  |  |
| &nbsp;&nbsp;&nbsp; Series A, (GNMA), 4.50%, 01/21/49 | 970 | &nbsp;&nbsp; 972363 |
| &nbsp;&nbsp;&nbsp; Series B, (GNMA), 4.50%, 02/21/49 | 1542 | &nbsp;&nbsp; 1546551 |
| &nbsp;&nbsp;&nbsp; Series C, (GNMA), 4.50%, 03/21/49 | 748 | &nbsp;&nbsp; 749923 |
| &nbsp;&nbsp;&nbsp; Series D, (GNMA), 4.50%, 04/21/49 | 1629 | &nbsp;&nbsp; 1633188 |
| &nbsp;&nbsp;&nbsp; Series E, (GNMA), 4.50%, 05/21/49 | 1068 | &nbsp;&nbsp; 1070993 |
| &nbsp;&nbsp;&nbsp; Series F-G2, (GNMA), 4.50%, 06/21/49 | 1886 | &nbsp;&nbsp; 1891323 |
| &nbsp;&nbsp;&nbsp; Series G-G2, (GNMA), 4.50%, 07/21/49 | 1226 | &nbsp;&nbsp; 1229107 |
| &nbsp;&nbsp;&nbsp; Series H, (GNMA), 4.50%, 08/21/49 | 1024 | &nbsp;&nbsp; 1026638 |
| &nbsp;&nbsp;&nbsp; Series I, (GNMA), 4.50%, 11/21/48 | 516 | &nbsp;&nbsp; 516944 |
| &nbsp;&nbsp;&nbsp; Series J, (GNMA), 4.50%, 12/21/48 | 789 | &nbsp;&nbsp; 794499 |
| Utah Infrastructure Agency, RB |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 10/15/44 | 460 | &nbsp;&nbsp; 480490 |
| &nbsp;&nbsp;&nbsp; 5.50%, 10/15/48 | 435 | &nbsp;&nbsp; 445065 |
| &nbsp;&nbsp;&nbsp; Wood Ranch Public Infrastructure District, SAB, <br> 5.63%, 12/01/53<sup>(b)</sup><br>| 465 | &nbsp;&nbsp; 468293 |
|  |  | &nbsp;&nbsp; 44171705 |
| **Vermont**<sup>(b)</sup> **— 0.5%** | **Vermont**<sup>(b)</sup> **— 0.5%** |  |
| &nbsp;&nbsp;&nbsp; East Central Vermont Telecommunications District, <br> RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.75%, 12/01/40 | 2850 | &nbsp;&nbsp; 2675869 |
| &nbsp;&nbsp;&nbsp; Series A, 4.50%, 12/01/44 | 3695 | &nbsp;&nbsp; 3068798 |
| &nbsp;&nbsp;&nbsp; Series A, 6.88%, 12/01/46 | 3630 | &nbsp;&nbsp; 3826071 |
| &nbsp;&nbsp;&nbsp; Series A, 4.50%, 12/01/50 | 3000 | &nbsp;&nbsp; 2279176 |
|  |  | &nbsp;&nbsp; 11849914 |
| **Virginia — 1.0%** | **Virginia — 1.0%** |  |
| &nbsp;&nbsp;&nbsp; Ballston Quarter Community Development Authority, <br> TA<br>|  |  |
| &nbsp;&nbsp;&nbsp; Series A, 5.50%, 03/01/46 | 500 | &nbsp;&nbsp; 478932 |
| &nbsp;&nbsp;&nbsp; Series A-1, 5.50%, 03/01/46 | 1154 | &nbsp;&nbsp; 1147053 |
| &nbsp;&nbsp;&nbsp; Ballston Quarter Community Development Authority, <br> TA, CAB, Series A-2, 7.13%, 03/01/59<sup>(e)</sup><br>| 4432 | &nbsp;&nbsp; 4086077 |
| &nbsp;&nbsp;&nbsp; Fairfax County Industrial Development Authority, <br> Refunding RB, Series A, 4.00%, 05/15/48<br>| 1780 | &nbsp;&nbsp; 1631448 |
| &nbsp;&nbsp;&nbsp; Hanover County Economic Development Authority, <br> Refunding RB, 4.00%, 07/01/40<sup>(b)</sup><br>| 1790 | &nbsp;&nbsp; 1705499 |
| &nbsp;&nbsp;&nbsp; James City County Economic Development Authority, <br> RB, Series A, 6.88%, 12/01/58<br>| 1475 | &nbsp;&nbsp; 1594185 |
| &nbsp;&nbsp;&nbsp; Lower Magnolia Green Community Development <br> Authority, SAB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/01/35 | 460 | &nbsp;&nbsp; 460164 |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/01/45 | 475 | &nbsp;&nbsp; 461479 |
| &nbsp;&nbsp;&nbsp; Norfolk Redevelopment & Housing Authority, RB, <br> Series A, 5.00%, 01/01/49<br>| 1250 | &nbsp;&nbsp; 1148968 |
| &nbsp;&nbsp;&nbsp; Tobacco Settlement Financing Corp., Refunding RB, <br> Series A-1, 6.71%, 06/01/46<br>| 9850 | &nbsp;&nbsp; 8004092 |
| Virginia Beach Development Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 7.00%, 09/01/53 | 1800 | &nbsp;&nbsp; 1976933 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares High Yield Muni Active ETF** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Virginia (continued)** | **Virginia (continued)** |  |
| Virginia Beach Development Authority, RB (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Series B3, 5.38%, 09/01/29 | 1085 | &nbsp;&nbsp; $1097532 |
| &nbsp;&nbsp;&nbsp; Virginia Commonwealth University Health System <br> Authority, RB, Series A, 4.00%, 07/01/54<br>| 2500 | &nbsp;&nbsp; 2224196 |
|  |  | &nbsp;&nbsp; 26016558 |
| **Washington — 1.1%** | **Washington — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; Washington Economic Development Finance <br> Authority, RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; AMT, 5.88%, 12/01/45<sup>(c)</sup> | 4000 | &nbsp;&nbsp; 4033449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series A, AMT, Sustainability Bonds, 5.63%, <br> 12/01/40<sup>(b)</sup><br>| 3470 | &nbsp;&nbsp; 3574779 |
| &nbsp;&nbsp;&nbsp; Washington State Housing Finance Commission, <br> RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 07/01/59 | 300 | &nbsp;&nbsp; 306216 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/50 | 1240 | &nbsp;&nbsp; 1067480 |
| &nbsp;&nbsp;&nbsp; Series A, 5.75%, 01/01/53 | 720 | &nbsp;&nbsp; 696593 |
| &nbsp;&nbsp;&nbsp; Series A, 5.88%, 01/01/59 | 585 | &nbsp;&nbsp; 569945 |
| &nbsp;&nbsp;&nbsp; Series B2, 3.95%, 07/01/29 | 2830 | &nbsp;&nbsp; 2830891 |
| &nbsp;&nbsp;&nbsp; Washington State Housing Finance Commission, RB, <br> M/F Housing, Series 1, Sustainability Bonds, <br> 3.38%, 04/20/37<br>| 3128 | &nbsp;&nbsp; 2989345 |
| &nbsp;&nbsp;&nbsp; Washington State Housing Finance Commission, <br> Refunding RB<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 01/01/35<sup>(b)</sup> | 265 | &nbsp;&nbsp; 265113 |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/43<sup>(b)</sup> | 2000 | &nbsp;&nbsp; 1897172 |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/01/45<sup>(b)</sup> | 940 | &nbsp;&nbsp; 939907 |
| &nbsp;&nbsp;&nbsp; 6.25%, 01/01/56 | 6300 | &nbsp;&nbsp; 6315703 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/43 | 920 | &nbsp;&nbsp; 944321 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 07/01/48 | 620 | &nbsp;&nbsp; 617628 |
|  |  | &nbsp;&nbsp; 27048542 |
| **Wisconsin — 7.7%** | **Wisconsin — 7.7%** |  |
| Public Finance Authority, ARB, AMT, 4.00%, 07/01/41 | 530 | &nbsp;&nbsp; 500569 |
| Public Finance Authority, RB |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 10/01/31<sup>(b)(g)(h)</sup> | 910 | &nbsp;&nbsp; 91000 |
| &nbsp;&nbsp;&nbsp; 5.50%, 12/15/32<sup>(b)</sup> | 4609 | &nbsp;&nbsp; 4612957 |
| &nbsp;&nbsp;&nbsp; 5.75%, 12/15/33<sup>(b)</sup> | 12185 | &nbsp;&nbsp; 12213346 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/41<sup>(b)</sup> | 925 | &nbsp;&nbsp; 816583 |
| &nbsp;&nbsp;&nbsp; 7.00%, 10/01/47<sup>(b)(g)(h)</sup> | 910 | &nbsp;&nbsp; 91000 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/53 | 645 | &nbsp;&nbsp; 612828 |
| &nbsp;&nbsp;&nbsp; 5.75%, 12/01/54<sup>(b)</sup> | 17175 | &nbsp;&nbsp; 17306567 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/55<sup>(b)</sup> | 2405 | &nbsp;&nbsp; 1852300 |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/01/56<sup>(b)</sup> | 3790 | &nbsp;&nbsp; 3153555 |
| &nbsp;&nbsp;&nbsp; Class A, 4.00%, 09/01/51<sup>(b)</sup> | 1185 | &nbsp;&nbsp; 904144 |
| &nbsp;&nbsp;&nbsp; Class A, 6.45%, 04/01/60<sup>(b)</sup> | 1080 | &nbsp;&nbsp; 1031667 |
| &nbsp;&nbsp;&nbsp; Class A, 5.75%, 07/01/62 | 8787 | &nbsp;&nbsp; 9171142 |
| &nbsp;&nbsp;&nbsp; Class B, 5.42%, 07/01/62<sup>(b)(c)</sup> | 4800 | &nbsp;&nbsp; 3918000 |
| &nbsp;&nbsp;&nbsp; Series A, 12.00%, 05/16/29<sup>(b)</sup> | 1895 | &nbsp;&nbsp; 2260651 |
| &nbsp;&nbsp;&nbsp; Series A, 4.25%, 06/15/31<sup>(b)</sup> | 170 | &nbsp;&nbsp; 169291 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/40<sup>(b)</sup> | 750 | &nbsp;&nbsp; 700621 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/15/41<sup>(b)</sup> | 510 | &nbsp;&nbsp; 493896 |
| &nbsp;&nbsp;&nbsp; Series A, 7.75%, 07/01/43<sup>(b)</sup> | 9100 | &nbsp;&nbsp; 9337185 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 12/15/44<sup>(b)</sup> | 410 | &nbsp;&nbsp; 393317 |
| &nbsp;&nbsp;&nbsp; Series A, 7.00%, 01/01/45<sup>(b)</sup> | 2000 | &nbsp;&nbsp; 2107688 |
| &nbsp;&nbsp;&nbsp; Series A, 6.85%, 11/01/46<sup>(b)(g)(h)</sup> | 1325 | &nbsp;&nbsp; 463750 |
| &nbsp;&nbsp;&nbsp; Series A, 7.00%, 11/01/46<sup>(b)(g)(h)</sup> | 805 | &nbsp;&nbsp; 281750 |
| &nbsp;&nbsp;&nbsp; Series A, 5.38%, 07/15/47<sup>(b)</sup> | 1595 | &nbsp;&nbsp; 1554015 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/01/49<sup>(b)</sup> | 1340 | &nbsp;&nbsp; 1119306 |
| &nbsp;&nbsp;&nbsp; Series A, 5.63%, 06/15/49<sup>(b)</sup> | 7700 | &nbsp;&nbsp; 6908224 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/15/51<sup>(b)</sup> | 1060 | &nbsp;&nbsp; 912721 |
| &nbsp;&nbsp;&nbsp; Series A, 5.25%, 12/01/51<sup>(b)(g)(h)</sup> | 5280 | &nbsp;&nbsp; 3405970 |
| &nbsp;&nbsp;&nbsp; Series A, 5.00%, 06/15/55<sup>(b)</sup> | 11540 | &nbsp;&nbsp; 9081500 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Wisconsin (continued)** | **Wisconsin (continued)** |  |
| Public Finance Authority, RB (continued) |  |  |
| &nbsp;&nbsp;&nbsp; Series A, 4.75%, 06/15/56<sup>(b)</sup> | 2385 | &nbsp;&nbsp; $2017950 |
| &nbsp;&nbsp;&nbsp; Series A, 7.50%, 07/01/59<sup>(b)</sup> | 7880 | &nbsp;&nbsp; 8774069 |
| &nbsp;&nbsp;&nbsp; Series A-1, 4.50%, 01/01/35<sup>(b)</sup> | 740 | &nbsp;&nbsp; 735412 |
| &nbsp;&nbsp;&nbsp; Series B, 0.00%, 01/01/35<sup>(b)(d)</sup> | 950 | &nbsp;&nbsp; 574091 |
| &nbsp;&nbsp;&nbsp; Series B, 8.50%, 01/01/36<sup>(b)</sup> | 2750 | &nbsp;&nbsp; 2564559 |
| &nbsp;&nbsp;&nbsp; Series B, 0.00%, 01/01/60<sup>(b)(d)</sup> | 31635 | &nbsp;&nbsp; 2740705 |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 06/30/60 | 4565 | &nbsp;&nbsp; 4727548 |
| &nbsp;&nbsp;&nbsp; AMT, 6.50%, 06/30/60 | 6000 | &nbsp;&nbsp; 6623888 |
| &nbsp;&nbsp;&nbsp; AMT, 5.75%, 12/31/65 | 27910 | &nbsp;&nbsp; 28861935 |
| &nbsp;&nbsp;&nbsp; AMT, 6.50%, 12/31/65 | 4985 | &nbsp;&nbsp; 5503347 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 4.00%, 09/30/51 | 4000 | &nbsp;&nbsp; 3288858 |
| &nbsp;&nbsp;&nbsp; AMT, Sustainability Bonds, 4.00%, 03/31/56 | 3370 | &nbsp;&nbsp; 2702055 |
| Public Finance Authority, RB, CAB<sup>(b)(d)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 12/15/32 | 4428 | &nbsp;&nbsp; 2899114 |
| &nbsp;&nbsp;&nbsp; 0.00%, 12/15/37 | 7552 | &nbsp;&nbsp; 3897598 |
| &nbsp;&nbsp;&nbsp; 0.00%, 12/15/38 | 2535 | &nbsp;&nbsp; 1180640 |
| &nbsp;&nbsp;&nbsp; 0.00%, 12/15/42 | 17085 | &nbsp;&nbsp; 5296866 |
| &nbsp;&nbsp;&nbsp; Public Finance Authority, RB, M/F Housing, Series A, <br> Subordinate, 7.13%, 07/01/65<sup>(b)(c)</sup><br>| 2740 | &nbsp;&nbsp; 2702154 |
| Public Finance Authority, Refunding RB<sup>(b)</sup> <br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/15/32 | 980 | &nbsp;&nbsp; 996190 |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/01/52 | 1300 | &nbsp;&nbsp; 1137983 |
| &nbsp;&nbsp;&nbsp; Red Oak Independent School District, GO, Series A, <br> 7.25%, 01/01/61<sup>(b)</sup><br>| 6490 | &nbsp;&nbsp; 6775013 |
| &nbsp;&nbsp;&nbsp; Wisconsin Health & Educational Facilities Authority, <br> RB, Series A, 5.75%, 08/15/54<br>| 1375 | &nbsp;&nbsp; 1416933 |
| &nbsp;&nbsp;&nbsp; Wisconsin Health & Educational Facilities Authority, <br> Refunding RB, 4.00%, 01/01/47<br>| 2540 | &nbsp;&nbsp; 2125233 |
|  |  | &nbsp;&nbsp; 193007684 |
| **Total Municipal Bonds — 92.6%** <br>**(Cost: $2,373,045,946)** | **Total Municipal Bonds — 92.6%** <br>**(Cost: $2,373,045,946)** | &nbsp;&nbsp; 2316934814 |
| **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(i)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(i)</sup> | **Municipal Bonds Transferred to Tender Option Bond Trusts**<sup>(i)</sup> |
| **District of Columbia — 0.4%** | **District of Columbia — 0.4%** |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Income Tax Revenue, Refunding <br> RB, Series A, 5.00%, 06/01/50<br>| 10000 | &nbsp;&nbsp; 10428571 |
| **Florida — 1.1%** | **Florida — 1.1%** |  |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Florida Aviation Revenue, <br> Refunding ARB, Series A, AMT, 5.50%, 10/01/55<sup>(j)</sup><br>| 16650 | &nbsp;&nbsp; 17412816 |
| &nbsp;&nbsp;&nbsp; Greater Orlando Aviation Authority, ARB, AMT, <br> Subordinate, 5.25%, 10/01/51<br>| 10700 | &nbsp;&nbsp; 11083271 |
|  |  | &nbsp;&nbsp; 28496087 |
| **Indiana — 0.6%** | **Indiana — 0.6%** |  |
| &nbsp;&nbsp;&nbsp; Indianapolis Local Public Improvement Bond Bank, <br> Refunding RB, Series F, 5.25%, 01/01/54<br>| 13185 | &nbsp;&nbsp; 13876441 |
| **New York — 2.2%** | **New York — 2.2%** |  |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future <br> Tax Secured Revenue, RB, Series H-1, <br> Subordinate, 5.00%, 11/01/50<br>| 7500 | &nbsp;&nbsp; 7719190 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, Refunding RB, <br> Series A, 5.00%, 03/15/54<sup>(j)</sup><br>| 13970 | &nbsp;&nbsp; 14387900 |
| &nbsp;&nbsp;&nbsp; New York State Thruway Authority, RB, 2nd Series, <br> Sustainability Bonds, 5.00%, 03/15/59<br>| 20500 | &nbsp;&nbsp; 20979077 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority, Refunding RB, <br> Sub-Series B-1, Senior Lien, 5.00%, 05/15/56<br>| 12000 | &nbsp;&nbsp; 12116573 |
|  |  | &nbsp;&nbsp; 55202740 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares High Yield Muni Active ETF** 

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | *Par*<br> *(000)*<br>| *Value* |
| **Ohio — 0.7%** | **Ohio — 0.7%** |  |
| &nbsp;&nbsp;&nbsp; Columbus Regional Airport Authority, Refunding ARB, <br> Series A, AMT, 5.50%, 01/01/50<sup>(j)</sup><br>| $16250 | &nbsp;&nbsp; $17116536 |
| **Pennsylvania — 1.6%** | **Pennsylvania — 1.6%** |  |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency, RB, S/F <br> Housing<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 143A, Sustainability Bonds, 5.45%, <br> 04/01/51<br>| 12495 | &nbsp;&nbsp; 12924870 |
| &nbsp;&nbsp;&nbsp; Series 149 A, 5.15%, 10/01/50<sup>(j)</sup> | 20000 | &nbsp;&nbsp; 20254220 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency, Refunding <br> RB, S/F Housing, Series 142-A, Sustainability <br> Bonds, 5.00%, 10/01/50<br>| 7500 | &nbsp;&nbsp; 7559687 |
|  |  | &nbsp;&nbsp; 40738777 |
| **Texas — 0.8%** | **Texas — 0.8%** |  |
| &nbsp;&nbsp;&nbsp; City of El Paso Texas Water & Sewer Revenue, <br> Refunding RB, 5.00%, 03/01/52<br>| 10000 | &nbsp;&nbsp; 10229693 |
| &nbsp;&nbsp;&nbsp; Sabine-Neches Navigation District, ARB, 5.25%, <br> 02/15/52<br>| 10000 | &nbsp;&nbsp; 10380295 |
|  |  | &nbsp;&nbsp; 20609988 |
| **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 7.4%** <br>**(Cost: $185,840,186)** | **Total Municipal Bonds Transferred to Tender Option Bond** <br>**Trusts — 7.4%** <br>**(Cost: $185,840,186)** | &nbsp;&nbsp; 186469140 |

---

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

---

| | | |
|:---|:---|:---|
|  | *Benefical* <br>*Interest (000)*<br>|  |
| **Other Interests** | **Other Interests** | **Other Interests** |
| **Industrial REITs — 0.0%** | **Industrial REITs — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; ESC Sumter County Industrial Development <br> Authority<sup>(a)(k)</sup><br>| $250 | &nbsp;&nbsp; — |
| **Total Other Interests — 0.0%** <br>**(Cost: $118,301)** | **Total Other Interests — 0.0%** <br>**(Cost: $118,301)** | &nbsp;&nbsp; — |

---

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

---

| | | |
|:---|:---|:---|
|  | <br>*Shares*<br>|  |
| **Warrants** | **Warrants** | **Warrants** |
| **Construction & Engineering — 0.0%** | **Construction & Engineering — 0.0%** |  |
| &nbsp;&nbsp;&nbsp; Brightline West, (Expires 11/26/35, Strike Price USD <br> 5.00)<sup>(a)(h)</sup><br>| 382250 | &nbsp;&nbsp; 764500 |
| **Total Warrants — 0.0%** <br>**(Cost: $—)** | **Total Warrants — 0.0%** <br>**(Cost: $—)** | &nbsp;&nbsp; 764500 |
| **Total Long-Term Investments — 100.2%** <br>**(Cost: $2,563,104,732)** | **Total Long-Term Investments — 100.2%** <br>**(Cost: $2,563,104,732)** | &nbsp;&nbsp; 2507400890 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 4.9%** | **Money Market Funds — 4.9%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, MuniCash, Institutional <br> Shares, 2.03%<sup>(l)(m)</sup><br>| 122429090 | &nbsp;&nbsp; $122441333 |
| **Total Short-Term Securities — 4.9%** <br>**(Cost: $122,441,333)** | **Total Short-Term Securities — 4.9%** <br>**(Cost: $122,441,333)** | &nbsp;&nbsp; 122441333 |
| **Total Investments — 105.1%** <br>**(Cost: $2,685,546,065)** | **Total Investments — 105.1%** <br>**(Cost: $2,685,546,065)** | &nbsp;&nbsp; 2629842223 |
| **Other Assets Less Liabilities — 0.5%** | **Other Assets Less Liabilities — 0.5%** | &nbsp;&nbsp; 14427236 |
| **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (5.6)%** | **Liability for TOB Trust Certificates, Including Interest Expense and** <br> **Fees Payable — (5.6)%** | &nbsp;&nbsp; (140919176)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | &nbsp;&nbsp; $2503350283 |

---

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

<sup>(a)</sup> Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. 

<sup>(b)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. 

<sup>(c)</sup> Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available. 

<sup>(d)</sup> Zero-coupon bond.

<sup>(e)</sup> Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step- down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect. 

<sup>(f)</sup> When-issued security.

<sup>(g)</sup> Issuer filed for bankruptcy and/or is in default.

<sup>(h)</sup> Non-income producing security.

<sup>(i)</sup> Represent bonds transferred to a TOB Trust in exchange of cash and residual certificates received by the Fund. These bonds serve as collateral in a secured borrowing. 

<sup>(j)</sup> All or a portion of the security is subject to a recourse agreement. The aggregate maximum potential amount the Fund could ultimately be required to pay under the agreements, which expire between October 1, 2032 to October 1, 2043, is $54,313,139. 

<sup>(k)</sup> Other interests represent beneficial interests in liquidation trusts and other reorganization or private entities. 

<sup>(l)</sup> Affiliate of the Fund.

<sup>(m)</sup> Annualized 7-day yield as of period end.

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares High Yield Muni Active ETF** 

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*10/31/25*<br>| *Proceeds* <br>*from Sales*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*01/31/26*<br>| *Shares* <br>*Held at* <br>*01/31/26*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, MuniCash, Institutional <br> Shares<br>| $116080844<br> $6360489 <br><sup>(a)</sup><br>| &nbsp;&nbsp; $— | $— | $— | $122441333 | 122429090 | $740690 | $— |

---

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

<sup>(a)</sup> Represents net amount purchased (sold).

**Fair Value Hierarchy as of Period End**

Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Unadjusted price quotations in active markets/exchanges that the Fund has the ability to access for identical assets or liabilities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $1720482 | &nbsp;&nbsp;&nbsp;&nbsp; $1720482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1511954 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1511954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2316934814 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2316934814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Bonds Transferred to Tender Option Bond Trusts | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 186469140 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 186469140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Interests | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Warrants | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 764500 | &nbsp;&nbsp;&nbsp;&nbsp; 764500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 122441333 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 122441333 |
|  | &nbsp;&nbsp; $122441333 | &nbsp;&nbsp;&nbsp;&nbsp; $2504915908 | &nbsp;&nbsp;&nbsp;&nbsp; $2484982 | &nbsp;&nbsp;&nbsp;&nbsp; $2629842223 |

---

The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of period end, TOB Trust Certificates of $140,184,999 are categorized as Level 2 within the fair value hierarchy.

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| AGM | Assured Guaranty Municipal Corp. |
| AMT | Alternative Minimum Tax |
| ARB | Airport Revenue Bonds  |

---

---

| | |
|:---|:---|
| **Portfolio Abbreviation (continued)** | **Portfolio Abbreviation (continued)** |
| BAM | Build America Mutual Assurance Co. |
| BAM-TCRS | &nbsp;&nbsp;&nbsp; Build America Mutual Assurance Co. - Transferable <br> Custodial Receipts<br>|
| CAB | Capital Appreciation Bonds |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares High Yield Muni Active ETF** 

---

| | |
|:---|:---|
| **Portfolio Abbreviation (continued)** | **Portfolio Abbreviation (continued)** |
| COP | Certificates of Participation |
| FHLMC | Federal Home Loan Mortgage Corp. |
| FNMA | Federal National Mortgage Association |
| GNMA | Government National Mortgage Association |
| GO | General Obligation Bonds |
| GOL | General Obligation Ltd. |
| M/F | Multi-Family |
| PSF | Permanent School Fund |
| RB | Revenue Bonds |
| S/F | Single-Family |
| SAB | Special Assessment Bonds |
| SAN | State Aid Notes  |
| SAW | State Aid Withholding |
| ST | Special Tax |
| TA | Tax Allocation |

---

Schedule of Investments

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BlackRock ETF Trust II

- **b. Investment Company Act file number:** 811-23511

- **c. CIK number of Registrant:** 0001804196

- **d. LEI of Registrant:** 549300PLJCTZLQ2LE832

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

  - **Street Address 1:** 100 BELLEVUE PARKWAY

  - **City:** WILMINGTON

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

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

- **a. Name of Series:** iShares High Yield Muni Active ETF

- **b. EDGAR series identifier (if any):** S000088410

- **c. LEI of Series:** 529900RSTN1ODZCS1O82

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $2658886245.33

**Total Liabilities:** $161399673.76

**Net Assets:** $2497486571.57

**Delayed Delivery Securities:** $14583824.30

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 135416.08000000 | **1-Year:** 8828.72000000 | **5-Year:** 146512.68000000 | **10-Year:** 202722.24000000 | **30-Year:** 343015.21000000

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

- **3-Month:** 66551.61000000 | **1-Year:** 33473.80000000 | **5-Year:** 178096.34000000 | **10-Year:** 409884.98000000 | **30-Year:** 808896.09000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000254671 | 0.45%                | -0.36%               | 0.82%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2550862.74              | $-940522.81                                |
| Month 2  | $1048824.50              | $-20343926.99                              |
| Month 3  | $21308.60                | $8065760.42                                |

**Designated Index Information**

- **Index Name:** Fund`s Designated Reference Portfolio is the Fund`s Securities Portfolio

- **Index Identifier:** Fund`s Designated Reference Portfolio is the Fund`s Securities Portfolio

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Advanced Technology Academy                                                      | ADVANCED TECHNOLOGY ACADEMY MI PUBLIC SCH ACADEMY REVENUE    | CUSIP: 00766SAF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $152238.58    | 0.01%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Affordable Housing Opportunities Trust Series AH-01                              | AFFORDABLE HSG OPPORTUNITIES TRUST                           | CUSIP: 00826SAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600023 | PA      | $3670608.53   | 0.15%             | 2039-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Alachua County Health Facilities Authority                                       | ALACHUA CNTY FL HLTH FACS AUTH                               | CUSIP: 010685KJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2560000 | PA      | $2235049.22   | 0.09%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alachua County Housing Finance Authority                                         | ALACHUA CNTY FL HSG FIN AUTH MF REVENUE                      | CUSIP: 01068LAT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1313823.75   | 0.05%             | 2055-07-01      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| Alaska Housing Finance Corp                                                      | ALASKA ST HSG FIN CORP                                       | CUSIP: 0118392E6<br>LEI: 549300HJ8NOJNYW6ER36 | Long             | DBT              | MUN               | US        |   7535000 | PA      | $7640706.25   | 0.31%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Albany Capital Resource Corp                                                     | ALBANY NY CAPITAL RESOURCE CORP                              | CUSIP: 012432DR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2114496 | PA      | $42289.93     | 0.00%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny Community Broadband Inc                                                | ALLEGHENY CMNTY BROADBAND INC PA PROJ REVENUE                | CUSIP: 017276AE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $523847.87    | 0.02%             | 2045-09-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Allegheny Community Broadband Inc                                                | ALLEGHENY CMNTY BROADBAND INC PA PROJ REVENUE                | CUSIP: 017276AF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $608793.69    | 0.02%             | 2051-09-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE     | CUSIP: 018444CD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $309472.08    | 0.01%             | 2032-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE     | CUSIP: 018444CE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $305386.65    | 0.01%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Angelina & Neches River Authority                                                | ANGELINA & NECHES RIVER AUTH IND DEV CORP                    | CUSIP: 03469KAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2340000 | PA      | $46800.00     | 0.00%             | 2045-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Angeline Community Development District                                          | ANGELINE CDD FL CAPITAL IMPT REVENUE                         | CUSIP: 03473TAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $520361.82    | 0.02%             | 2045-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Angeline Community Development District                                          | ANGELINE CDD FL CAPITAL IMPT REVENUE                         | CUSIP: 03473TAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1342711.49   | 0.05%             | 2056-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Anna TX                                                                  | ANNA TX SPL ASSMNT REVENUE                                   | CUSIP: 035713AU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    202000 | PA      | $206215.54    | 0.01%             | 2031-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| City of Anna TX                                                                  | ANNA TX SPL ASSMNT REVENUE                                   | CUSIP: 035713AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    769000 | PA      | $780177.80    | 0.03%             | 2044-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Anna TX                                                                  | ANNA TX SPL ASSMNT REVENUE                                   | CUSIP: 035713AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $196635.95    | 0.01%             | 2054-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Anna TX                                                                  | ANNA TX SPL ASSMNT REVENUE                                   | CUSIP: 035713BF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999121.30    | 0.04%             | 2055-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Antillia Community Development District                                          | ANTILLIA CDD FL SPL ASSMNT                                   | CUSIP: 03706FAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511978.05    | 0.02%             | 2044-05-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BAK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175802.64    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BBR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $394290.12    | 0.02%             | 2047-07-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BBS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $535611.39    | 0.02%             | 2051-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BDB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2970000 | PA      | $2781368.47   | 0.11%             | 2052-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BJC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150925.80    | 0.01%             | 2039-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BJN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1306077.12   | 0.05%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BJP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $985430.14    | 0.04%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BLP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4417833.20   | 0.18%             | 2055-01-01      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BLY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1040180.06   | 0.04%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BLZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1047808.35   | 0.04%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                    | CUSIP: 04108WCC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4855000 | PA      | $4717495.23   | 0.19%             | 2049-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                    | CUSIP: 04108WCD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8005000 | PA      | $7838183.81   | 0.31%             | 2049-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                    | CUSIP: 04108WCE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5484739.41   | 0.22%             | 2048-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                    | CUSIP: 04108WCF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7700000 | PA      | $8348388.51   | 0.33%             | 2048-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS DEV FIN AUTH ENVIRONMENTAL REVENUE                  | CUSIP: 04110FAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2040000 | PA      | $2073094.92   | 0.08%             | 2053-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041806E71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4405000 | PA      | $3156027.88   | 0.13%             | 2050-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041806RX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6160000 | PA      | $4628645.56   | 0.19%             | 2054-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807BH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1670000 | PA      | $1002000.00   | 0.04%             | 2062-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807CF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1970000 | PA      | $985000.00    | 0.04%             | 2062-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Arrowhead Springs Public Infrastructure District                                 | ARROWHEAD SPRINGS PUB INFRASTRUCTURE DIST UT                 | CUSIP: 04280CAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7100000 | PA      | $7070342.59   | 0.28%             | 2056-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                                                | ATLANTA GA DEV AUTH                                          | CUSIP: 04780NMW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1769476.49   | 0.07%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                                                | ATLANTA GA DEV AUTH                                          | CUSIP: 04780NMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2640000 | PA      | $2735608.13   | 0.11%             | 2039-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Aubrey TX                                                                | AUBREY TX SPL ASSMNT                                         | CUSIP: 050197BW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989366.00    | 0.04%             | 2045-12-31      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| City of Aubrey TX                                                                | AUBREY TX SPL ASSMNT                                         | CUSIP: 050197BX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1729025.90   | 0.07%             | 2055-12-31      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Aurora Crossroads Metropolitan District No 2                                     | AURORA CROSSROADS MET DIST NO 2 CO                           | CUSIP: 05162QAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9500000 | PA      | $8494815.45   | 0.34%             | 2055-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Aurora Crossroads Metropolitan District No 2                                     | AURORA CROSSROADS MET DIST NO 2 CO                           | CUSIP: 05162QAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2179607.47   | 0.09%             | 2055-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ave Maria Stewardship Community District                                         | AVE MARIA FL STEWARDSHIP CMNTY DIST CAPITAL IMPT REVENUE     | CUSIP: 05355ABD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $109082.12    | 0.00%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ave Maria Stewardship Community District                                         | AVE MARIA FL STEWARDSHIP CMNTY DIST CAPITAL IMPT REVENUE     | CUSIP: 05355ABH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $200487.35    | 0.01%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ave Maria Stewardship Community District                                         | AVE MARIA FL STEWARDSHIP CMNTY DIST CAPITAL IMPT REVENUE     | CUSIP: 05355ACB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1250106.78   | 0.05%             | 2056-05-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Babcock Ranch Community Independent Special District                             | BABCOCK RANCH CMNTY INDEP SPL DIST FL SPL ASSMNT REVENUE     | CUSIP: 05616KBE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $89265.80     | 0.00%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Babcock Ranch Community Independent Special District                             | BABCOCK RANCH CMNTY INDEP SPL DIST FL SPL ASSMNT REVENUE     | CUSIP: 05616KBR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1600881.74   | 0.06%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baldwin County Industrial Development Authority                                  | BALDWIN CNTY AL INDL DEV AUTH SOL WST DISP REVENUE           | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6675000 | PA      | $6821310.66   | 0.27%             | 2055-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Ballston Quarter Community Development Authority                                 | BALLSTON QUARTER CMNTY DEV AUTH VA REVENUE                   | CUSIP: 058696AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $478932.35    | 0.02%             | 2046-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ballston Quarter Community Development Authority                                 | BALLSTON QUARTER CMNTY DEV AUTH VA REVENUE                   | CUSIP: 058696AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1154000 | PA      | $1147053.38   | 0.05%             | 2046-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ballston Quarter Community Development Authority                                 | BALLSTON QUARTER CMNTY DEV AUTH VA REVENUE                   | CUSIP: 058696AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4432000 | PA      | $4086077.08   | 0.16%             | 2059-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD CONVENTION CENTER HOTEL REVENUE                 | CUSIP: 05921PCG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1470309.00   | 0.06%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD SPL OBLIG                                       | CUSIP: 05923TDA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $265103.72    | 0.01%             | 2042-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD SPL OBLIG                                       | CUSIP: 05923TDB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $775300.34    | 0.03%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD SPL OBLIG                                       | CUSIP: 05923TDE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $907776.50    | 0.04%             | 2055-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Banning Lewis Ranch Metropolitan District No 8                                   | BANNING LEWIS RANCH MET DIST #8 CO                           | CUSIP: 06663CAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2067460.60   | 0.08%             | 2051-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Baseline Metropolitan District No 1                                              | BASELINE MET DIST #1 CO SPL REVENUE                          | CUSIP: 069826AY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1780000 | PA      | $1784419.92   | 0.07%             | 2054-12-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| City of Bastrop TX                                                               | BASTROP TX SPL ASSMNT REVENUE                                | CUSIP: 070341AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $392982.45    | 0.02%             | 2045-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| City of Bastrop TX                                                               | BASTROP TX SPL ASSMNT REVENUE                                | CUSIP: 070341AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $783771.85    | 0.03%             | 2055-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Beaumont Housing Authority                                                       | BEAUMONT TX HSG AUTH RSDL DEV REVENUE                        | CUSIP: 07451AAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1255167.04   | 0.05%             | 2055-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Beaver County Industrial Development Authority                                   | BEAVER CNTY PA INDL DEV AUTH                                 | CUSIP: 074876HP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10165000 | PA      | $8483620.56   | 0.34%             | 2047-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Bella Collina Community Development District                                     | BELLA COLLINA CDD FL SPL ASSMNT                              | CUSIP: 07819AAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180986.90    | 0.01%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bella Collina Community Development District                                     | BELLA COLLINA CDD FL SPL ASSMNT                              | CUSIP: 07819AAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $542429.36    | 0.02%             | 2055-05-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Bella Tara Community Development District                                        | BELLA TARA CDD FL SPL ASSMNT                                 | CUSIP: 07820BAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1252974.72   | 0.05%             | 2045-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Bella Tara Community Development District                                        | BELLA TARA CDD FL SPL ASSMNT                                 | CUSIP: 07820BAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1893335.90   | 0.08%             | 2056-05-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Bellehaven Community Development District                                        | BELLEHAVEN CDD FL SPL ASSMNT                                 | CUSIP: 07876CAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1470064.94   | 0.06%             | 2045-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Bellehaven Community Development District                                        | BELLEHAVEN CDD FL SPL ASSMNT                                 | CUSIP: 07876CAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $533276.64    | 0.02%             | 2055-05-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Berry Bay II Community Development District                                      | BERRY BAY II CDD FL SPL ASSMNT                               | CUSIP: 08577DAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $551595.17    | 0.02%             | 2044-05-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Berry Bay II Community Development District                                      | BERRY BAY II CDD FL SPL ASSMNT                               | CUSIP: 08577DAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $248055.43    | 0.01%             | 2054-05-01      | Fixed         | 5.45%                 | 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        |   1825000 | PA      | $1929437.63   | 0.08%             | 2053-11-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TCQ8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   4770000 | PA      | $5105779.38   | 0.20%             | 2054-01-01      | Floating      | 5.25%                 | 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        |   4855000 | PA      | $5048936.37   | 0.20%             | 2056-05-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Desert Public Infrastructure District                                      | BLACK DESERT PUB INFRASTRUCTURE DIST                         | CUSIP: 09204PAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3921000 | PA      | $3141366.79   | 0.13%             | 2051-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Desert Public Infrastructure District                                      | BLACK DESERT PUB INFRASTRUCTURE DIST UT SPL ASSMNT           | CUSIP: 09204TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4022422.80   | 0.16%             | 2053-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BRIGHTLINE EAST LLC                                                              | Brightline East LLC                                          | CUSIP: 093536AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5494000 | PA      | $1511953.74   | 0.06%             | 2030-01-31      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Boggy Creek Improvement District                                                 | BOGGY CREEK FL IMPT DIST SPL ASSMNT REVENUE                  | CUSIP: 097206AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1040175.14   | 0.04%             | 2043-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Braddock Lakes Community Development District                                    | BRADDOCK LAKES CDD FL CAPITAL IMPT REVENUE                   | CUSIP: 104026AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1215732.04   | 0.05%             | 2045-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Braddock Lakes Community Development District                                    | BRADDOCK LAKES CDD FL CAPITAL IMPT REVENUE                   | CUSIP: 104026AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1670000 | PA      | $1645766.80   | 0.07%             | 2055-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Brevard County Health Facilities Authority                                       | BREVARD CNTY FL HLTH FACS AUTH REVENUE                       | CUSIP: 107416PQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4040000 | PA      | $3209284.29   | 0.13%             | 2045-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brevard County Health Facilities Authority                                       | BREVARD CNTY FL HLTH FACS AUTH REVENUE                       | CUSIP: 107416PR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5960000 | PA      | $4267080.48   | 0.17%             | 2055-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Bridgeville DE                                                           | BRIDGEVILLE DE SPL OBLIG                                     | CUSIP: 108588AN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135690.59    | 0.01%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Town of Bridgeville DE                                                           | BRIDGEVILLE DE SPL OBLIG                                     | CUSIP: 108588AP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1605026.97   | 0.06%             | 2053-07-01      | Fixed         | 5.63%                 | 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        |  37450000 | PA      | $30799849.96  | 1.23%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        | 102740000 | PA      | $7800606.42   | 0.31%             | 2057-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Buckhead Trails Community Development District                                   | BUCKHEAD TRAILS CDD FL SPL ASSMNT                            | CUSIP: 11836UAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $782463.35    | 0.03%             | 2042-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Buckhead Trails Community Development District                                   | BUCKHEAD TRAILS CDD FL SPL ASSMNT                            | CUSIP: 11836UAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $502198.88    | 0.02%             | 2052-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Buckhead Trails Community Development District                                   | BUCKHEAD TRAILS CDD FL SPL ASSMNT                            | CUSIP: 11836UAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $238429.26    | 0.01%             | 2044-05-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Buckhead Trails Community Development District                                   | BUCKHEAD TRAILS CDD FL SPL ASSMNT                            | CUSIP: 11836UAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $575002.65    | 0.02%             | 2054-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| City of Buda TX                                                                  | BUDA TX SPL ASSMNT REVENUE                                   | CUSIP: 118829AC4<br>LEI: 549300M2WWWL7K4QS327 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1058681.66   | 0.04%             | 2055-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Buda TX                                                                  | BUDA TX SPL ASSMNT REVENUE                                   | CUSIP: 118829AF7<br>LEI: 549300M2WWWL7K4QS327 | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2130301.80   | 0.09%             | 2055-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ESL1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   2255000 | PA      | $2262685.94   | 0.09%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EVA1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    620000 | PA      | $651545.04    | 0.03%             | 2033-07-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EVB9<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1780000 | PA      | $1862143.08   | 0.07%             | 2043-07-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EVC7<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   3260000 | PA      | $3341136.84   | 0.13%             | 2053-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY SOL WST DISP REVENUE              | CUSIP: 12008HAC3<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1965000 | PA      | $1968557.24   | 0.08%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292AU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1265346.45   | 0.05%             | 2056-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292AY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5550000 | PA      | $3777826.73   | 0.15%             | 2056-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292BC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2465000 | PA      | $1816880.75   | 0.07%             | 2057-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292BU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1585000 | PA      | $848791.12    | 0.03%             | 2058-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292BX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $871939.21    | 0.03%             | 2058-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034A7E4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  54380000 | PA      | $40785000.00  | 1.63%             | 2065-01-01      | Floating      | 12.00%                | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY LTD OBLIG MF HSG REVENUE              | CUSIP: 13034DAV6<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   5905000 | PA      | $5964150.39   | 0.24%             | 2067-07-01      | Floating      | 8.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                   | CUSIP: 130483JC5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2437639.63   | 0.10%             | 2055-09-01      | Floating      | 8.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                   | CUSIP: 130483KN9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1450859.71   | 0.06%             | 2056-08-01      | Floating      | 8.13%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                   | CUSIP: 130483KQ2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3325000 | PA      | $3365654.78   | 0.13%             | 2037-12-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                   | CUSIP: 130483KR0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2875000 | PA      | $2908485.99   | 0.12%             | 2037-12-01      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VCA4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2560000 | PA      | $2243866.88   | 0.09%             | 2047-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SPL TAX REVENUE                  | CUSIP: 13051AHP6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    325000 | PA      | $331411.67    | 0.01%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SPL TAX REVENUE                  | CUSIP: 13051AHQ4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    675000 | PA      | $665730.83    | 0.03%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SCH FAC REVENUE                  | CUSIP: 13051BAA4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    275000 | PA      | $287096.65    | 0.01%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SCH FAC REVENUE                  | CUSIP: 13051BAB2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    350000 | PA      | $355003.53    | 0.01%             | 2044-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SCH FAC REVENUE                  | CUSIP: 13051BAC0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    435000 | PA      | $436918.26    | 0.02%             | 2054-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SCH FAC REVENUE                  | CUSIP: 13051BAD8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    190000 | PA      | $191748.93    | 0.01%             | 2059-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                              | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE             | CUSIP: 13057GAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7445000 | PA      | $7108057.91   | 0.28%             | 2059-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TUX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1780000 | PA      | $1623627.71   | 0.07%             | 2054-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TUY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $184208.67    | 0.01%             | 2034-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA ST STWD CMNTYS DEV AUTH MFH REVENUE               | CUSIP: 13079PA45<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2990000 | PA      | $3007365.32   | 0.12%             | 2068-03-01      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| California Statewide Financing Authority                                         | CALIFORNIA ST STWD FING AUTH TOBACCO SETTLEMENT              | CUSIP: 130923BP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  65000000 | PA      | $3924966.50   | 0.16%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Canyons Metropolitan District No 5                                               | CANYONS MET DIST #5 CO                                       | CUSIP: 139071AZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1612590.36   | 0.06%             | 2054-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FIN AUTH FL EDUCTNL FACS REVENUE               | CUSIP: 14043FAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $216793.54    | 0.01%             | 2044-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FIN AUTH FL EDUCTNL FACS REVENUE               | CUSIP: 14043FAH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $279925.53    | 0.01%             | 2054-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FIN AUTH FL EDUCTNL FACS LEASE REVENUE         | CUSIP: 14043RAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3405000 | PA      | $3430139.46   | 0.14%             | 2065-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FIN AUTH FL EDUCTNL FACS LEASE REVENUE         | CUSIP: 14043RAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $420728.87    | 0.02%             | 2042-06-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Capital Region Community Development District                                    | CAPITAL REGION FL CDD REVENUE                                | CUSIP: 14044NBN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2147944.13   | 0.09%             | 2039-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL REVENUE                                 | CUSIP: 14052WDG9<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   2765000 | PA      | $1670907.20   | 0.07%             | 2035-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL REVENUE                                 | CUSIP: 14052WDH7<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |  64500000 | PA      | $5587970.40   | 0.22%             | 2060-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL REVENUE                                 | CUSIP: 14052WDJ3<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   2210000 | PA      | $2196298.00   | 0.09%             | 2035-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL REVENUE                                 | CUSIP: 14052WDR5<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |  29885000 | PA      | $2505056.33   | 0.10%             | 2061-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CBR9<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1613474.56   | 0.06%             | 2054-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CBV0<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    500000 | PA      | $450027.90    | 0.02%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CCB3<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $925470.42    | 0.04%             | 2054-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CEH8<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   6670000 | PA      | $5279560.46   | 0.21%             | 2056-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                   | CUSIP: 14054WBF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $632691.72    | 0.03%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                   | CUSIP: 14054WBG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1062812.44   | 0.04%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                   | CUSIP: 14054WBP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $399491.72    | 0.02%             | 2040-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                   | CUSIP: 14054WBQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $343460.06    | 0.01%             | 2050-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                   | CUSIP: 14054WBR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $477734.72    | 0.02%             | 2059-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                   | CUSIP: 14054WCN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2310000 | PA      | $2359037.37   | 0.09%             | 2055-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                   | CUSIP: 14054WDB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1910620.40   | 0.08%             | 2055-07-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL HLTH CARE FACS REVENUE                 | CUSIP: 14055GAH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4050000 | PA      | $4059599.31   | 0.16%             | 2057-07-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Cascade Ridge Metropolitan District                                              | CASCADE RIDGE MET DIST CO                                    | CUSIP: 147351AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2605284.00   | 0.10%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cass ND                                                                | CASS CNTY ND HLTH FAC REVENUE                                | CUSIP: 148047BF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1791499.19   | 0.07%             | 2058-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Celebration Pointe Community Development District No 1                           | CELEBRATION POINTE CMNTY DEV DIST NO 1 FL SPL ASSMNT REVENUE | CUSIP: 15102HAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $944000.00    | 0.04%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Celina TX                                                                | CELINA TX SPL ASSESSMENT REVENUE                             | CUSIP: 15114CKQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100319.62    | 0.00%             | 2045-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Celina TX                                                                | CELINA TX SPL ASSESSMENT REVENUE                             | CUSIP: 15114CKR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $344521.31    | 0.01%             | 2055-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| City of Celina TX                                                                | CELINA TX SPL ASSESSMENT REVENUE                             | CUSIP: 15114CKU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $386919.94    | 0.02%             | 2045-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| City of Celina TX                                                                | CELINA TX SPL ASSESSMENT REVENUE                             | CUSIP: 15114CKV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $649668.76    | 0.03%             | 2055-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Center Lake Ranch West Community Development District                            | CENTER LAKE RANCH WEST CDD FL CAPITAL IMPT REV               | CUSIP: 151500AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $798382.48    | 0.03%             | 2055-05-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Centerra Metropolitan District No 1                                              | CENTERRA CO MET DIST #1 SPL REVENUE                          | CUSIP: 15200XAG8<br>LEI: 549300SHE5ZPSMGZH793 | Long             | DBT              | MUN               | US        |    820000 | PA      | $806844.90    | 0.03%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Parc Community Development District                                      | CENTRAL PARC CDD FL SPL ASSMNT REVENUE                       | CUSIP: 15477DAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $762390.68    | 0.03%             | 2044-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Central Parc Community Development District                                      | CENTRAL PARC CDD FL SPL ASSMNT REVENUE                       | CUSIP: 15477DAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $654409.02    | 0.03%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | CENTRL TX REGL MOBILITY AUTH REVENUE                         | CUSIP: 155498AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2848059.60   | 0.11%             | 2028-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | CENTRL TX REGL MOBILITY AUTH REVENUE                         | CUSIP: 155498AX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $461313.05    | 0.02%             | 2029-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | CENTRL TX REGL MOBILITY AUTH REVENUE                         | CUSIP: 155498AY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1193386.52   | 0.05%             | 2030-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | CENTRL TX REGL MOBILITY AUTH REVENUE                         | CUSIP: 155498AZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3484498.40   | 0.14%             | 2031-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chelsea Park Cooperative District                                                | CHELSEA PARK AL COOPERATIVE DIST ASSMNT                      | CUSIP: 16341YAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    895000 | PA      | $884583.63    | 0.04%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486S91<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2425000 | PA      | $2417129.66   | 0.10%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486X79<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1143795.83   | 0.05%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505A71<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   4415000 | PA      | $4636821.52   | 0.19%             | 2044-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505TK2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   9325000 | PA      | $8890783.24   | 0.36%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505WB8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $953435.20    | 0.04%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505WC6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    800000 | PA      | $762748.16    | 0.03%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505YC4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $4898260.20   | 0.20%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505ZL3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2330000 | PA      | $2465894.45   | 0.10%             | 2050-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505ZM1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |  15680000 | PA      | $15826612.70  | 0.63%             | 2050-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE             | CUSIP: 16772PCG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5217309.60   | 0.21%             | 2055-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE             | CUSIP: 16772PEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4640000 | PA      | $4776411.36   | 0.19%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                            | THE CHILDRENS TRUST FUND PR TOBACCO SETTLEMENT REVENUE       | CUSIP: 16876QBK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $240550.40    | 0.01%             | 2055-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                            | THE CHILDRENS TRUST FUND PR TOBACCO SETTLEMENT REVENUE       | CUSIP: 16876QBL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  80860000 | PA      | $3834041.59   | 0.15%             | 2057-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                     | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                      | CUSIP: 179027YM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $790830.40    | 0.03%             | 2050-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cuyahoga County Port Authority                                         | CLEVELAND-CUYAHOGA CNTY OH PORT AUTH LEASE REVENUE           | CUSIP: 18610RCE2<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    455000 | PA      | $468885.74    | 0.02%             | 2039-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cuyahoga County Port Authority                                         | CLEVELAND-CUYAHOGA CNTY OH PORT AUTH LEASE REVENUE           | CUSIP: 18610RCG7<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1091038.95   | 0.04%             | 2049-01-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145UR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $371735.20    | 0.01%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Club Municipal Management District No 1                                          | CLUB MUNI MGMT DIST #1 TX SPL ASSMNT REVENUE                 | CUSIP: 18948PAK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $549152.34    | 0.02%             | 2055-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Coastal Ridge Community Development District                                     | COASTAL RIDGE CDD FL SPL ASSMNT REVENUE                      | CUSIP: 19052TAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2205000 | PA      | $2274923.86   | 0.09%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Coastal Ridge Community Development District                                     | COASTAL RIDGE CDD FL SPL ASSMNT REVENUE                      | CUSIP: 19052TAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1738111.28   | 0.07%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Cobb County/The                                         | COBB CNTY GA DEV AUTH CHARTERSCH REVENUE                     | CUSIP: 190779AJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $674922.53    | 0.03%             | 2058-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                     | CUSIP: 19645UEP5<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    540000 | PA      | $526921.79    | 0.02%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                     | CUSIP: 19645UTS3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   4800000 | PA      | $5045289.60   | 0.20%             | 2059-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                     | CUSIP: 19645UTU8<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |  14950000 | PA      | $16876587.07  | 0.68%             | 2059-02-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FSJ4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |  24210000 | PA      | $17359877.34  | 0.70%             | 2051-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FTF1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1197056.02   | 0.05%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FTG9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1163631.76   | 0.05%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FTH7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2175000 | PA      | $1657952.48   | 0.07%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FWT7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    780000 | PA      | $821398.42    | 0.03%             | 2047-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FWU4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1667460.50   | 0.07%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DHH8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    845000 | PA      | $758102.57    | 0.03%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DHJ4<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1249733.10   | 0.05%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DYW6<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2915000 | PA      | $2798586.27   | 0.11%             | 2054-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Connerton East Community Development District                                    | CONNERTON EAST CDD FL SPL ASSMNT                             | CUSIP: 208185AL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $570132.98    | 0.02%             | 2045-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Connerton East Community Development District                                    | CONNERTON EAST CDD FL SPL ASSMNT                             | CUSIP: 208185AM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $760030.57    | 0.03%             | 2055-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Constitution Heights Metropolitan District                                       | CONSTITUTION HEIGHTS MET DIST CO                             | CUSIP: 210402AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1242000 | PA      | $1169768.39   | 0.05%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL                                                                | COOK CNTY IL MF HSG REVENUE                                  | CUSIP: 213226AE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4569323.40   | 0.18%             | 2045-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Copperleaf Metropolitan District No 5                                            | COPPERLEAF MET DIST #5 CO                                    | CUSIP: 21765MAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1066866.57   | 0.04%             | 2045-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Copperleaf Metropolitan District No 5                                            | COPPERLEAF MET DIST #5 CO                                    | CUSIP: 21765MAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1489369.01   | 0.06%             | 2055-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Coral Creek Community Development District                                       | CORAL CREEK CDD FL SPL ASSMNT REVENUE                        | CUSIP: 217766AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $519208.32    | 0.02%             | 2054-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Corpus Christi TX                                                        | CORPUS CHRISTI TX SPL ASSMNT REVENUE                         | CUSIP: 220233AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     53000 | PA      | $55217.94     | 0.00%             | 2031-09-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| City of Corpus Christi TX                                                        | CORPUS CHRISTI TX SPL ASSMNT REVENUE                         | CUSIP: 220233AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $451719.59    | 0.02%             | 2044-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| City of Corpus Christi TX                                                        | CORPUS CHRISTI TX SPL ASSMNT REVENUE                         | CUSIP: 220233AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    767000 | PA      | $764428.86    | 0.03%             | 2054-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of Crandall TX                                                              | CRANDALL TX SPL ASSMNT REVENUE                               | CUSIP: 224384AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $489375.00    | 0.02%             | 2041-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Crandall TX                                                              | CRANDALL TX SPL ASSMNT REVENUE                               | CUSIP: 224384AR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $267182.50    | 0.01%             | 2045-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Crandall TX                                                              | CRANDALL TX SPL ASSMNT REVENUE                               | CUSIP: 224384AS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $642872.43    | 0.03%             | 2055-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Crandall TX                                                              | CRANDALL TX SPL ASSMNT REVENUE                               | CUSIP: 224384AV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1429208.45   | 0.06%             | 2055-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Creekwalk Marketplace Business Improvement District                              | CREEKWALK MARKETPLACE BUSINESS IMPT DIST CO                  | CUSIP: 225515AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6560000 | PA      | $6543826.32   | 0.26%             | 2054-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Creekwalk Marketplace Business Improvement District                              | CREEKWALK MARKETPLACE BUSINESS IMPT DIST CO                  | CUSIP: 225515AK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1710000 | PA      | $1700336.79   | 0.07%             | 2054-12-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Crossings Community Development District                                         | CROSSINGS CDD FL SPL ASSMNT                                  | CUSIP: 22766NAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $518976.64    | 0.02%             | 2054-05-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Crosswinds East Community Development District                                   | CROSSWINDS EAST CDD FL SPL ASSMNT                            | CUSIP: 22769LAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $383854.11    | 0.02%             | 2054-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Curiosity Creek Community Development District                                   | CURIOSITY CREEK CDD FL CAPITAL IMPT REVENUE                  | CUSIP: 23128SAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $368330.73    | 0.01%             | 2044-05-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Curiosity Creek Community Development District                                   | CURIOSITY CREEK CDD FL CAPITAL IMPT REVENUE                  | CUSIP: 23128SAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $594585.42    | 0.02%             | 2055-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Curiosity Creek Community Development District                                   | CURIOSITY CREEK CDD FL CAPITAL IMPT REVENUE                  | CUSIP: 23128SAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2440714.50   | 0.10%             | 2056-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Cypress Creek Reserve Community Development District                             | CYPRESS CREEK RESERVE CDD FL SPL ASSMNT                      | CUSIP: 23274FAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $591023.20    | 0.02%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Cypress Creek Reserve Community Development District                             | CYPRESS CREEK RESERVE CDD FL SPL ASSMNT                      | CUSIP: 23274FAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1180490.30   | 0.05%             | 2056-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Cypress Reserve Community Development District                                   | CYPRESS RESERVE CDD FL CAPITAL IMPT REVENUE                  | CUSIP: 23280AAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1766812.60   | 0.07%             | 2045-05-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Cypress Reserve Community Development District                                   | CYPRESS RESERVE CDD FL CAPITAL IMPT REVENUE                  | CUSIP: 23280AAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2375000 | PA      | $2378036.44   | 0.10%             | 2056-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Darby Community Development District                                             | DARBY CDD FL SPL ASSMNT REVENUE                              | CUSIP: 23705PAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1799092.54   | 0.07%             | 2035-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| County of Denton TX                                                              | DENTON CNTY TX SPL ASSMNT REVENUE                            | CUSIP: 24880GAR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1585619.42   | 0.06%             | 2045-12-31      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DIST OF COLUMBIA REVENUE                                     | CUSIP: 25483VA61<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    880000 | PA      | $1020800.53   | 0.04%             | 2037-02-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DIST OF COLUMBIA REVENUE                                     | CUSIP: 25483VQY3<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2205000 | PA      | $2148891.13   | 0.09%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Financing Corp                           | DIST OF COLUMBIA TOBACCO SETTLEMENT FING CORP                | CUSIP: 254842AK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $284101.92    | 0.01%             | 2040-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Financing Corp                           | DIST OF COLUMBIA TOBACCO SETTLEMENT FING CORP                | CUSIP: 254842BB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  61960000 | PA      | $14496043.88  | 0.58%             | 2046-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Financing Corp                           | DIST OF COLUMBIA TOBACCO SETTLEMENT FING CORP                | CUSIP: 254842BC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  43620000 | PA      | $9812031.11   | 0.39%             | 2046-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Financing Corp                           | DIST OF COLUMBIA TOBACCO SETTLEMENT FING CORP                | CUSIP: 254842BD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  57200000 | PA      | $5761773.16   | 0.23%             | 2055-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Dorchester SC                                                          | DORCHESTER CNTY SC ASSMNT REVENUE                            | CUSIP: 258149AC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2256166.98   | 0.09%             | 2051-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Doylestown Hospital Authority                                                    | DOYLESTOWN PA HOSP AUTH                                      | CUSIP: 261333HH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $517076.35    | 0.02%             | 2031-07-01      | 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        |   1125000 | PA      | $1244609.55   | 0.05%             | 2039-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                            | DULUTH MN ECON DEV AUTH HLTH CARE FACS REVENUE               | CUSIP: 26444CHF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9790000 | PA      | $9825645.39   | 0.39%             | 2058-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Dutchess County Local Development Corp                                           | DUTCHESS CNTY NY LOCAL DEV CORP REVENUE                      | CUSIP: 267045MK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4399468.50   | 0.18%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Eagan MN                                                                 | EAGAN MN CHRTR SCH LEASE REVENUE                             | CUSIP: 26940AAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $238315.98    | 0.01%             | 2055-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Eagle Brook Meadows Metropolitan District No 3                                   | EAGLE BROOK MEADOWS MET DIST #3 CO                           | CUSIP: 26943TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1483601.28   | 0.06%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Central Vermont Telecommunications District                                 | EAST CENTRL VT TELECOMMUNICATIONS DIST PROJ REVENUE          | CUSIP: 271524AT7<br>LEI: 549300UHVQS0JED3EZ33 | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2675868.71   | 0.11%             | 2040-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| East Central Vermont Telecommunications District                                 | EAST CENTRL VT TELECOMMUNICATIONS DIST PROJ REVENUE          | CUSIP: 271524AX8<br>LEI: 549300UHVQS0JED3EZ33 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2279176.50   | 0.09%             | 2050-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| East Central Vermont Telecommunications District                                 | EAST CENTRL VT TELECOMMUNICATIONS DIST PROJ REVENUE          | CUSIP: 271524AY6<br>LEI: 549300UHVQS0JED3EZ33 | Long             | DBT              | MUN               | US        |   3695000 | PA      | $3068797.63   | 0.12%             | 2044-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| East Central Vermont Telecommunications District                                 | EAST CENTRL VT TELECOMMUNICATIONS DIST PROJ REVENUE          | CUSIP: 271524BA7<br>LEI: 549300UHVQS0JED3EZ33 | Long             | DBT              | MUN               | US        |   3630000 | PA      | $3826071.18   | 0.15%             | 2046-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| East Nassau Stewardship District                                                 | EAST NASSAU STEWARDSHIP DIST FL SPL ASSMNT REVENUE           | CUSIP: 273794AQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5158286.00   | 0.21%             | 2056-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| East Point Business & Industrial Development Authority                           | EAST PT GA BUSINESS & INDL DEV AUTHORITY REVENUE             | CUSIP: 274502AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $525000.00    | 0.02%             | 2062-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Elevation Pointe Community Development District                                  | ELEVATION POINTE CMNTY DEV DIST FL SPL ASSMNT REVENUE        | CUSIP: 28624AAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $680742.51    | 0.03%             | 2042-05-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Elevation Pointe Community Development District                                  | ELEVATION POINTE CMNTY DEV DIST FL SPL ASSMNT REVENUE        | CUSIP: 28624AAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $990600.94    | 0.04%             | 2052-05-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Elevation Pointe Community Development District                                  | ELEVATION POINTE CMNTY DEV DIST FL SPL ASSMNT REVENUE        | CUSIP: 28624AAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2265323.94   | 0.09%             | 2032-05-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE         | CUSIP: 292723BN2<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   2065000 | PA      | $2240440.34   | 0.09%             | 2054-07-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Ennis TX                                                                 | ENNIS TX SPL ASSMNT REVENUE                                  | CUSIP: 293470AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $594458.70    | 0.02%             | 2045-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Ennis TX                                                                 | ENNIS TX SPL ASSMNT REVENUE                                  | CUSIP: 293470AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $860370.81    | 0.03%             | 2055-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Escambia County Health Facilities Authority                                      | ESCAMBIA CNTY FL HLTH FACS AUTH                              | CUSIP: 296110GE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $7091508.00   | 0.28%             | 2050-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Escambia County Health Facilities Authority                                      | ESCAMBIA CNTY FL HLTH FACS AUTH                              | CUSIP: 296110GF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6530000 | PA      | $5467552.68   | 0.22%             | 2050-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fairfax County Industrial Development Authority                                  | FAIRFAX CNTY VA INDL DEV AUTH REVENUE                        | CUSIP: 303823MW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1780000 | PA      | $1631448.32   | 0.07%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Fate TX                                                                  | FATE TX SPL ASSESSMENT REVENUE                               | CUSIP: 31189RCR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $290681.47    | 0.01%             | 2054-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Feed Mill Community Development District                                         | FEED MILL CDD FL CAPITAL IMPT REVENUE                        | CUSIP: 31434PAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3512936.35   | 0.14%             | 2056-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Firethorn Community Development District                                         | FIRETHORN CDD FL CAPITAL IMPT REVENUE                        | CUSIP: 31832AAD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $815154.70    | 0.03%             | 2055-05-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DK0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |  15525000 | PA      | $5589000.00   | 0.22%             | 2032-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DR5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |  25660000 | PA      | $25386192.40  | 1.02%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DV6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   9900000 | PA      | $9738514.17   | 0.39%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DW4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   7850000 | PA      | $7734487.25   | 0.31%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DY0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |  15025000 | PA      | $5409000.00   | 0.22%             | 2059-07-15      | Variable      | 12.00%                | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UBN7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    635000 | PA      | $635720.34    | 0.03%             | 2029-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UBP2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    835000 | PA      | $836010.93    | 0.03%             | 2034-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UGX0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |  10455000 | PA      | $8733603.07   | 0.35%             | 2055-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UJF6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   5945000 | PA      | $3873528.96   | 0.16%             | 2056-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UJG4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2030000 | PA      | $1513633.37   | 0.06%             | 2056-12-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UKN7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2875000 | PA      | $2340658.25   | 0.09%             | 2052-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UKQ0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1421582.43   | 0.06%             | 2056-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SENIOR LIVING REVENUE                | CUSIP: 34061WAQ7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2830000 | PA      | $2638308.54   | 0.11%             | 2055-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SENIOR LIVING REVENUE                | CUSIP: 34061WBM5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1336339.74   | 0.05%             | 2046-06-01      | Fixed         | 4.00%                 | 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        |   2750000 | PA      | $1989393.45   | 0.08%             | 2055-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAB8<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3589882.12   | 0.14%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAF9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5015630.00   | 0.20%             | 2032-07-01      | Floating      | 6.13%                 | 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        |   2275000 | PA      | $2297019.50   | 0.09%             | 2054-10-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                                      | FLORIDA LOC GOVT FIN COMMISSION SENIOR LIVING REVENUE        | CUSIP: 34077UAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4800000 | PA      | $5021604.00   | 0.20%             | 2064-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | FLORIDA ST TURNPIKE AUTH TURNPIKE REVENUE                    | CUSIP: 343137GE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $747077.50    | 0.03%             | 2049-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Forsyth MT                                                               | FORSYTH MT POLL CONTROL REVENUE                              | CUSIP: 346668DJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4800000 | PA      | $4801003.68   | 0.19%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Industrial Development Corp                                     | FORT BEND CNTY TX INDL DEV CORP                              | CUSIP: 346786AH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1380245.23   | 0.06%             | 2042-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| City of Fort Lauderdale FL                                                       | FORT LAUDERDAL FL SPL ASSMNT                                 | CUSIP: 347614AM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $699337.64    | 0.03%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Four Corners Business Improvement District                                       | FOUR CORNERS BUSINESS IMPT DIST CO LIMITED TAX SUPPORTED     | CUSIP: 35084NAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2013609.60   | 0.08%             | 2052-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Friendswood TX                                                           | FRIENDSWOOD TX SPL ASSMNT REVENUE                            | CUSIP: 358591AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2146000 | PA      | $2150534.28   | 0.09%             | 2054-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Gardens at Hammock Beach Community Development District                          | GARDENS AT HAMMOCK BEACH CDD FL SPL ASSMNT                   | CUSIP: 36549DAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $199411.91    | 0.01%             | 2031-05-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Gardens at Hammock Beach Community Development District                          | GARDENS AT HAMMOCK BEACH CDD FL SPL ASSMNT                   | CUSIP: 36549DAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $311239.02    | 0.01%             | 2044-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Gardens at Hammock Beach Community Development District                          | GARDENS AT HAMMOCK BEACH CDD FL SPL ASSMNT                   | CUSIP: 36549DAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $523241.58    | 0.02%             | 2054-05-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Gardens at Hammock Beach Community Development District                          | GARDENS AT HAMMOCK BEACH CDD FL SPL ASSMNT                   | CUSIP: 36549DAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $184058.53    | 0.01%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gardens at Hammock Beach Community Development District                          | GARDENS AT HAMMOCK BEACH CDD FL SPL ASSMNT                   | CUSIP: 36549DAE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $620307.83    | 0.02%             | 2044-05-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Gardens at Hammock Beach Community Development District                          | GARDENS AT HAMMOCK BEACH CDD FL SPL ASSMNT                   | CUSIP: 36549DAF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $167257.61    | 0.01%             | 2055-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Gas Worx Community Development District                                          | GAS WORX CDD FL SPL ASSMNT                                   | CUSIP: 367200AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1835554.32   | 0.07%             | 2057-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GIR East Community Development District                                          | GIR EAST CDD FL CAPITAL IMPT REVENUE                         | CUSIP: 37611TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507624.20    | 0.02%             | 2032-05-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| GIR East Community Development District                                          | GIR EAST CDD FL CAPITAL IMPT REVENUE                         | CUSIP: 37611TAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995107.40    | 0.04%             | 2045-05-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| GIR East Community Development District                                          | GIR EAST CDD FL CAPITAL IMPT REVENUE                         | CUSIP: 37611TAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1701876.40   | 0.07%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                        | GLENDALE AZ INDL DEV AUTH SENIOR LIVING FACS REVENUE         | CUSIP: 378287BA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $236251.40    | 0.01%             | 2056-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gold Hill North Business Improvement District                                    | GOLD HILL NORTH BUSINESS IMPT DIST CO                        | CUSIP: 38061PAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1083292.54   | 0.04%             | 2054-12-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Golden Gem Community Development District                                        | GOLDEN GEM CDD FL SPL ASSMNT REVENUE                         | CUSIP: 38105CAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2953694.66   | 0.12%             | 2044-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Golden Gem Community Development District                                        | GOLDEN GEM CDD FL SPL ASSMNT REVENUE                         | CUSIP: 38105CAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1020778.82   | 0.04%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT  | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        | 320380000 | PA      | $33599179.70  | 1.35%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Goose Creek SC                                                           | GOOSE CREEK SC ASSMNT REVENUE                                | CUSIP: 38259TAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002978.10   | 0.04%             | 2045-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | GRAND FORKS ND HLTH CARE SYS REVENUE                         | CUSIP: 38546WEP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1798289.31   | 0.07%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Oaks Community Development District                                        | GRAND OAKS CDD FL SPL ASSMNT REVENUE                         | CUSIP: 38611CAH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $897545.19    | 0.04%             | 2040-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Grand Oaks Community Development District                                        | GRAND OAKS CDD FL SPL ASSMNT REVENUE                         | CUSIP: 38611CAJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $910723.26    | 0.04%             | 2052-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO AVIATION AUTH FL SPL PURPOSE ARPT FACS REVENUE   | CUSIP: 39227AAB8<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3437325.76   | 0.14%             | 2035-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO AVIATION AUTH FL SPL PURPOSE ARPT FACS REVENUE   | CUSIP: 39227AAD4<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |    930000 | PA      | $1005286.66   | 0.04%             | 2037-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Green Valley Ranch East Metropolitan District No 6                               | GREEN VALLEY RANCH EAST MET DIST #6 CO                       | CUSIP: 39356MAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2615000 | PA      | $2645778.81   | 0.11%             | 2050-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Green Valley Ranch East Metropolitan District No 9                               | GREEN VLY RANCH EAST MET DIST #9 CO                          | CUSIP: 39356SAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1161231.20   | 0.05%             | 2055-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Greenbriar Community Development District                                        | GREENBRIAR CDD FL SPL ASSMNT REVENUE                         | CUSIP: 39364TAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $592072.88    | 0.02%             | 2045-05-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Greenbriar Community Development District                                        | GREENBRIAR CDD FL SPL ASSMNT REVENUE                         | CUSIP: 39364TAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $707504.44    | 0.03%             | 2054-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                            | HAMILTON CNTY OH HLTH CARE REVENUE                           | CUSIP: 40727RBT4<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1415488.88   | 0.06%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hammock Oaks Community Development District                                      | HAMMOCK OAKS CDD FL ASSMNT                                   | CUSIP: 40834PAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $117650.13    | 0.00%             | 2044-05-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Hammock Oaks Community Development District                                      | HAMMOCK OAKS CDD FL ASSMNT                                   | CUSIP: 40834PAF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $800950.74    | 0.03%             | 2054-05-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Hammock Oaks Community Development District                                      | HAMMOCK OAKS CDD FL ASSMNT                                   | CUSIP: 40834PAH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $792884.27    | 0.03%             | 2045-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Hammock Oaks Community Development District                                      | HAMMOCK OAKS CDD FL ASSMNT                                   | CUSIP: 40834PAJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1172062.23   | 0.05%             | 2055-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hanover County Economic Development Authority                                    | HANOVER CNTY VA ECON DEV AUTHRSDL CARE FAC REVENUE           | CUSIP: 41077CBB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1705498.40   | 0.07%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Harbor Reserve Community Development District                                    | HARBOR RESERVATION CDD FL SPL ASSMNT REVENUE                 | CUSIP: 41155EAD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3255000 | PA      | $3199115.23   | 0.13%             | 2056-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Hardeeville SC                                                           | HARDEEVILLE SC ASSMNT REVENUE                                | CUSIP: 411716AD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $100300.10    | 0.00%             | 2032-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| City of Hardeeville SC                                                           | HARDEEVILLE SC ASSMNT REVENUE                                | CUSIP: 411716AE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $205579.18    | 0.01%             | 2041-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| City of Hardeeville SC                                                           | HARDEEVILLE SC ASSMNT REVENUE                                | CUSIP: 411716AF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $124273.89    | 0.00%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Hardin OH                                                              | HARDIN CNTY OH ECON DEV FACILITIES REVENUE                   | CUSIP: 412003AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $623456.07    | 0.02%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hardin OH                                                              | HARDIN CNTY OH ECON DEV FACILITIES REVENUE                   | CUSIP: 412003AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $597200.36    | 0.02%             | 2040-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Hardin OH                                                              | HARDIN CNTY OH ECON DEV FACILITIES REVENUE                   | CUSIP: 412003AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2895000 | PA      | $2602928.37   | 0.10%             | 2050-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE            | CUSIP: 414009FG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $520034.63    | 0.02%             | 2043-01-01      | 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: 414009FH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1507586.74   | 0.06%             | 2048-01-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Harris County Improvement District No 18                                         | HARRIS CNTY TX IMPT DIST #18                                 | CUSIP: 414183PJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1208715.54   | 0.05%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Harvest Hills South Community Development District                               | HARVEST HILLS S CDD FL CAPITAL IMPT REVENUE                  | CUSIP: 41757NAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2033244.10   | 0.08%             | 2056-05-01      | Fixed         | 5.75%                 | 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        |   4420000 | PA      | $2171259.58   | 0.09%             | 2061-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Hays TX                                                                | HAYS CNTY TX SPL ASSMNT REVENUE                              | CUSIP: 420894AU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1050626.33   | 0.04%             | 2045-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Haymeadow Metropolitan District No 1                                             | HAYMEADOW MET DIST #1 CO                                     | CUSIP: 42089FAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1663981.96   | 0.07%             | 2054-12-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Hemphill County Hospital District                                                | HEMPHILL CNTY TX HOSP DIST                                   | CUSIP: 423839AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1436800.50   | 0.06%             | 2039-02-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Hemphill County Hospital District                                                | HEMPHILL CNTY TX HOSP DIST                                   | CUSIP: 423839AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2191400.25   | 0.09%             | 2045-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                             | HENDERSON KY EXEMPT FACS REVENUE                             | CUSIP: 425099AB4<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   4320000 | PA      | $4064209.78   | 0.16%             | 2052-01-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                             | HENDERSON KY EXEMPT FACS REVENUE                             | CUSIP: 425099AD0<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   2540000 | PA      | $2548044.43   | 0.10%             | 2042-01-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                             | HENDERSON KY EXEMPT FACS REVENUE                             | CUSIP: 425099AE8<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5644735.80   | 0.23%             | 2052-01-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Hickory Chase Community Authority                                                | HICKORY CHASE OH CMNTY AUTH INFRASTRUCTURE IMPT REVENUE      | CUSIP: 428861AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4594532.40   | 0.18%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Highland Trails Community Development District                                   | HIGHLAND TRAILS CDD FL CAPITAL IMPT REVENUE                  | CUSIP: 430813AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1441445.29   | 0.06%             | 2056-05-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Hillcrest Preserve Community Development District                                | HILLCREST PRESERVE CDD FL SPL ASSMNT                         | CUSIP: 43153EAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $855515.26    | 0.03%             | 2054-05-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                             | HILLSBOROUGH CNTY FLA INDL DEVAUTH HEALTH SYS REVENUE        | CUSIP: 43233KAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4541180.00   | 0.18%             | 2051-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Hobe-St Lucie Conservancy District                                               | HOBE ST LUCIE CONSERVANCY DIST FL                            | CUSIP: 434043AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $646198.73    | 0.03%             | 2055-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Home Place Metropolitan District                                                 | HOME PLACE MDD CO                                            | CUSIP: 43733YAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2336000 | PA      | $2352049.72   | 0.09%             | 2050-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hoover Industrial Development Board                                              | HOOVER AL INDL DEV BRD ENVNMNTL IMPT REVENUE                 | CUSIP: 439241AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5620000 | PA      | $6170210.36   | 0.25%             | 2050-11-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| Horizon Metropolitan District No 2                                               | HORIZON MET DIST #2 CO                                       | CUSIP: 44056CAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1308153.90   | 0.05%             | 2051-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 4423487H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5400000 | PA      | $5407083.72   | 0.22%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349DJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5525000 | PA      | $5622364.31   | 0.23%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349FZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3316527.72   | 0.13%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Houston Higher Education Finance Corp                                            | HOUSTON TX HGR EDU FIN CORP UNUNIV REV                       | CUSIP: 44237QAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1089847.36   | 0.04%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Huntington Local Development Corp                                                | HUNTINGTON NY LOCAL DEV CORP REVENUE                         | CUSIP: 446490AR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $475043.46    | 0.02%             | 2056-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Hutto TX                                                                 | HUTTO TX SPL ASSMNT REVENUE                                  | CUSIP: 448529AW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $295409.49    | 0.01%             | 2045-09-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| City of Hutto TX                                                                 | HUTTO TX SPL ASSMNT REVENUE                                  | CUSIP: 448529AX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $968769.80    | 0.04%             | 2060-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Hyde Park Community Development District No 1                                    | HYDE PARK CDD #1 FL SPL ASSMNT                               | CUSIP: 448642AE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $295086.02    | 0.01%             | 2031-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Hyde Park Community Development District No 1                                    | HYDE PARK CDD #1 FL SPL ASSMNT                               | CUSIP: 448642AF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $428990.88    | 0.02%             | 2044-05-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Hyde Park Community Development District No 1                                    | HYDE PARK CDD #1 FL SPL ASSMNT                               | CUSIP: 448642AG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $685184.63    | 0.03%             | 2055-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Ibis Landing Community Development District                                      | IBIS LANDING CDD FL SPL ASSMNT                               | CUSIP: 451075AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $379608.40    | 0.02%             | 2045-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Ibis Landing Community Development District                                      | IBIS LANDING CDD FL SPL ASSMNT                               | CUSIP: 451075AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $487126.47    | 0.02%             | 2055-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                | IDAHO ST HLTH FACS AUTH REVENUE                              | CUSIP: 451295YS2<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |    375000 | PA      | $346730.18    | 0.01%             | 2033-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GCP8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $947424.30    | 0.04%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GDE2<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    370000 | PA      | $378479.85    | 0.02%             | 2039-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GDF9<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    595000 | PA      | $598196.22    | 0.02%             | 2049-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GDG7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    570000 | PA      | $571722.26    | 0.02%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GDM4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1562276.87   | 0.06%             | 2055-06-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH EDUCTNL FAC REVENUE                     | CUSIP: 452029AJ0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1218969.96   | 0.05%             | 2035-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FT96<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2660483.93   | 0.11%             | 2055-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FTB1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4014712.00   | 0.16%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252PX1<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   4640000 | PA      | $4841144.00   | 0.19%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Independence Metropolitan District No 3                                          | INDEPENDENCE MET DIST #3 CO                                  | CUSIP: 453625AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2219000 | PA      | $2208386.74   | 0.09%             | 2054-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Independence Metropolitan District No 3                                          | INDEPENDENCE MET DIST #3 CO                                  | CUSIP: 453625AE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    654000 | PA      | $652017.79    | 0.03%             | 2054-12-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Elbert County Independence Water & Sanitation District                           | INDEPENDENCE WTR & SANTN DIST CO SPL REVENUE                 | CUSIP: 45380AAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $731169.67    | 0.03%             | 2033-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH EDUCTNL FACS REVENUE                        | CUSIP: 45470EET8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    965000 | PA      | $967039.05    | 0.04%             | 2045-10-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH EDUCTNL FACS REVENUE                        | CUSIP: 45470EEU5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    725000 | PA      | $726500.39    | 0.03%             | 2055-10-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH ENVRNMNTL REVENUE                        | CUSIP: 455054BD7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2785000 | PA      | $3132148.58   | 0.13%             | 2039-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                  | CUSIP: 45506ENZ2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1735968.93   | 0.07%             | 2050-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                  | CUSIP: 45506EPA5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2055090.74   | 0.08%             | 2055-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                  | CUSIP: 45506EQS5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $3049848.48   | 0.12%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                  | CUSIP: 45506EQT3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4308478.00   | 0.17%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528U6X4<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1923557.67   | 0.08%             | 2053-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Inland Empire Tobacco Securitization Corp                                        | INLAND EMPIRE CA TOBACCO SECURITIZATION AUTH TOB SETTLEMENT  | CUSIP: 45734TAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13205000 | PA      | $6532448.80   | 0.26%             | 2036-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Iowa Higher Education Loan Authority                                             | IOWA ST HGR EDU LOAN AUTH                                    | CUSIP: 4624607S9<br>LEI: 549300DWVTM3KRNR0M36 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $872266.50    | 0.03%             | 2051-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH REVENUE                                     | CUSIP: 46247SFV1<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   4100000 | PA      | $3850688.43   | 0.15%             | 2059-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| James City County Economic Development Authority                                 | JAMES CITY CNTY VA ECON DEV AUTH RSDL CARE FAC REVENUE       | CUSIP: 47029WEG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1594184.72   | 0.06%             | 2058-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Jefferson Center Metropolitan District No 1                                      | JEFFERSON CENTER CO MET DIST # 1 SPL REVENUE                 | CUSIP: 47248EAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $910977.30    | 0.04%             | 2047-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2230000 | PA      | $2338912.75   | 0.09%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Juban Crossing Community Development District                                    | JUBAN CROSSING CDD LIVINGSTON PARISH LA SPL ASSMNT           | CUSIP: 48130GAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3095426.40   | 0.12%             | 2054-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Kalamazoo Economic Development Corp                                              | KALAMAZOO MI ECON DEV CORP                                   | CUSIP: 483228EG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1378578.82   | 0.06%             | 2056-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH ECON ACTIVITY TAX REVENUE       | CUSIP: 48502MAA1<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    965000 | PA      | $958941.44    | 0.04%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH ECON ACTIVITY TAX REVENUE       | CUSIP: 48502MAB9<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    625000 | PA      | $600950.75    | 0.02%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH SENIOR LIVING FACS REVENUE      | CUSIP: 48504LAD5<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    772108 | PA      | $7.72         | 0.00%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH SENIOR LIVING FACS REVENUE      | CUSIP: 48504LAE3<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    344588 | PA      | $3.45         | 0.00%             | 2046-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH SENIOR LIVING FACS REVENUE      | CUSIP: 48504LAG8<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    424970 | PA      | $424970.00    | 0.02%             | 2046-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Kansas City Land Clearance Redevelopment Authority                               | KANSAS CITY MO LAND CLEARANCE REDEV AUTH PROJ REVENUE        | CUSIP: 48504MAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1248531.32   | 0.05%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KD52 Community Development District No 1                                         | KD52 CDD #1 FL SPL ASSMNT REVENUE                            | CUSIP: 48668RAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1236120.96   | 0.05%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KD52 Community Development District No 1                                         | KD52 CDD #1 FL SPL ASSMNT REVENUE                            | CUSIP: 48668RAD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2475000 | PA      | $2484322.58   | 0.10%             | 2045-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KD52 Community Development District No 1                                         | KD52 CDD #1 FL SPL ASSMNT REVENUE                            | CUSIP: 48668RAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4255000 | PA      | $4239250.12   | 0.17%             | 2056-05-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| County of Kent DE                                                                | KENT CNTY DE STUDENT HSG & DINING FAC REVENUE                | CUSIP: 490237AQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $917645.00    | 0.04%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kings Creek I Community Development District                                     | KINGS CREEK I CDD FL SPL ASSMNT                              | CUSIP: 495879AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $815782.17    | 0.03%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Kings Creek I Community Development District                                     | KINGS CREEK I CDD FL SPL ASSMNT                              | CUSIP: 495879AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $808196.92    | 0.03%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Kissimmee Park Community Development District                                    | KISSIMMEE PARK CDD FL CAPITAL IMPT REVENUE                   | CUSIP: 497859AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1149423.09   | 0.05%             | 2045-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Kissimmee Park Community Development District                                    | KISSIMMEE PARK CDD FL CAPITAL IMPT REVENUE                   | CUSIP: 497859AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $926088.21    | 0.04%             | 2056-05-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| LTC Ranch West Residential Community Development District                        | LTC RANCH WEST RSDL CMNTY DEV DIST SPL ASSMNT REVENUE        | CUSIP: 50218SAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $188425.35    | 0.01%             | 2044-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| LTC Ranch West Residential Community Development District                        | LTC RANCH WEST RSDL CMNTY DEV DIST SPL ASSMNT REVENUE        | CUSIP: 50218SAH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251695.78    | 0.01%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LTC Ranch West Residential Community Development District                        | LTC RANCH WEST RSDL CMNTY DEV DIST SPL ASSMNT REVENUE        | CUSIP: 50218SAN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $330148.50    | 0.01%             | 2044-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LTC Ranch West Residential Community Development District                        | LTC RANCH WEST RSDL CMNTY DEV DIST SPL ASSMNT REVENUE        | CUSIP: 50218SAP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1172841.83   | 0.05%             | 2054-05-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| La Paz County Industrial Development Authority                                   | LA PAZ CNTY AZ INDL DEV AUTH EDU FAC REVENUE                 | CUSIP: 50376HAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1256999.46   | 0.05%             | 2048-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| County of Lake FL                                                                | LAKE CNTY FL EDUCTNL FACS REVENUE                            | CUSIP: 50825CAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $715068.09    | 0.03%             | 2049-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakes of Sarasota Community Development District                                 | LAKES OF SARASOTA CDD FL IMPT REVENUE                        | CUSIP: 51206YAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $360917.89    | 0.01%             | 2031-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Lakes of Sarasota Community Development District                                 | LAKES OF SARASOTA CDD FL IMPT REVENUE                        | CUSIP: 51206YAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $426732.68    | 0.02%             | 2044-05-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Lakes of Sarasota Community Development District                                 | LAKES OF SARASOTA CDD FL IMPT REVENUE                        | CUSIP: 51206YAT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    695000 | PA      | $684756.88    | 0.03%             | 2055-05-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Lakeside Preserve Community Development District                                 | LAKESIDE PRESERVE CMNTY DEV DIST SPL ASSMNT                  | CUSIP: 51218WAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $956725.46    | 0.04%             | 2054-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KAT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $517971.70    | 0.02%             | 2045-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KAW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $830010.13    | 0.03%             | 2046-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KBN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1199375.38   | 0.05%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KBP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2530000 | PA      | $2526726.69   | 0.10%             | 2048-05-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KBR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $766030.13    | 0.03%             | 2029-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KBT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1930000 | PA      | $1949287.84   | 0.08%             | 2048-05-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KBV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $117909.49    | 0.00%             | 2029-05-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KBW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103796.22    | 0.00%             | 2039-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KBX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $131834.94    | 0.01%             | 2048-05-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KCF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $723860.67    | 0.03%             | 2049-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KFA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $642088.38    | 0.03%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KFR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $220273.09    | 0.01%             | 2031-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KFS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $394076.34    | 0.02%             | 2044-05-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KFT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $181603.04    | 0.01%             | 2054-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KGG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1728750.02   | 0.07%             | 2045-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KGH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4695000 | PA      | $4831621.68   | 0.19%             | 2056-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KGJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1488637.42   | 0.06%             | 2040-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority/PA                                           | LANCASTER CNTY PA HOSP AUTH                                  | CUSIP: 514045W58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4890000 | PA      | $4936359.16   | 0.20%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                    | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                 | CUSIP: 514350AN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $295164.42    | 0.01%             | 2054-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lanterns Metropolitan District No 2                                              | LANTERNS MET DIST #2 CO                                      | CUSIP: 51654DAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1393300.53   | 0.06%             | 2050-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Las Vegas NV Special Improvement District No 613                         | LAS VEGAS NV SPL IMPT DIST NO 613                            | CUSIP: 51779CAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $438133.12    | 0.02%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Las Vegas NV Special Improvement District No 613                         | LAS VEGAS NV SPL IMPT DIST NO 613                            | CUSIP: 51779CAP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252114.35    | 0.01%             | 2053-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Lavon TX                                                                 | LAVON TX SPL ASSMT REVENUE                                   | CUSIP: 51946PCP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1184072.64   | 0.05%             | 2055-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| City of Lavon TX                                                                 | LAVON TX SPL ASSMT REVENUE                                   | CUSIP: 51946PCS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1442620.95   | 0.06%             | 2055-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EEQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2340000 | PA      | $2362761.88   | 0.09%             | 2054-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EER7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $992673.25    | 0.04%             | 2029-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Village of Lincolnwood Il                                                        | LINCOLNWOOD IL TAX INCREMENT ALLOCATION REVENUE NTS COPS     | CUSIP: 53509AAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    935000 | PA      | $951003.46    | 0.04%             | 2043-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Longs Peak Metropolitan District                                                 | LONGS PEAK MET DIST CO                                       | CUSIP: 54316AAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8250000 | PA      | $8017491.90   | 0.32%             | 2051-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Loretto Heights Community Authority                                              | LORETTO HEIGHTS CMNTY AUTH CO SPL REVENUE                    | CUSIP: 544084AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2640000 | PA      | $2077884.86   | 0.08%             | 2051-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445F79<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8340347.20   | 0.33%             | 2047-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445VD8<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |  16285000 | PA      | $14409456.55  | 0.58%             | 2051-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399KY1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   4940000 | PA      | $3701074.68   | 0.15%             | 2060-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399PJ9<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    855000 | PA      | $770353.29    | 0.03%             | 2062-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399SZ0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   9200000 | PA      | $9479071.88   | 0.38%             | 2064-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399TA4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6590418.80   | 0.26%             | 2066-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399UY0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1754702.78   | 0.07%             | 2059-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA ST PUBLIC FACS AUTHSOL WST DISP FAC REVENUE        | CUSIP: 54640TAM1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2264823.29   | 0.09%             | 2053-10-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Lower Alabama Gas District/The                                                   | LOWER AL GAS DIST GAS PROJ REVENUE                           | CUSIP: 547804AE4<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5278637.00   | 0.21%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Magnolia Green Community Development Authority                             | LOWER MAGNOLIA GREEN VA CMNTY DEV AUTH SPL ASSMNT            | CUSIP: 548207AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $460163.53    | 0.02%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Magnolia Green Community Development Authority                             | LOWER MAGNOLIA GREEN VA CMNTY DEV AUTH SPL ASSMNT            | CUSIP: 548207AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $461478.89    | 0.02%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lowery Hills Community Development District                                      | LOWERY HILLS CDD FL SPL ASSMNT                               | CUSIP: 548652AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $567967.95    | 0.02%             | 2045-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Lowery Hills Community Development District                                      | LOWERY HILLS CDD FL SPL ASSMNT                               | CUSIP: 548652AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $778455.76    | 0.03%             | 2055-05-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| LT Ranch Community Development District                                          | LT RANCH CDD FL CAPITAL IMPT REVENUE                         | CUSIP: 54912EAP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $820596.54    | 0.03%             | 2044-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LT Ranch Community Development District                                          | LT RANCH CDD FL CAPITAL IMPT REVENUE                         | CUSIP: 54912EAQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $612786.42    | 0.02%             | 2054-05-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DBW1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3050000 | PA      | $3157139.79   | 0.13%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2123253.40   | 0.09%             | 2053-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                       | MAINE ST FIN AUTH                                            | CUSIP: 56042BCT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1062376.50   | 0.04%             | 2032-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                       | MAINE ST FIN AUTH                                            | CUSIP: 56042BCU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1062311.25   | 0.04%             | 2032-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                       | MAINE ST FIN AUTH                                            | CUSIP: 56042BCV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6856589 | PA      | $3522737.84   | 0.14%             | 2035-06-01      | Fixed         | 8.50%                 | 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        |   1300000 | PA      | $1344550.74   | 0.05%             | 2047-12-01      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                           | MAINE HLTH & HGR EDUCTNL FACS AUTH REVENUE                   | CUSIP: 56042R8P0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8100000 | PA      | $7143662.16   | 0.29%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority                                                    | MAINE ST HSG AUTH MTGE PURCHASE                              | CUSIP: 56052FZ24<br>LEI: 549300SO05LH6D240016 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2970051.30   | 0.12%             | 2045-11-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority                                                    | MAINE ST HSG AUTH MTGE PURCHASE                              | CUSIP: 56052FZ32<br>LEI: 549300SO05LH6D240016 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2993703.00   | 0.12%             | 2050-11-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Malabar Springs Community Development District                                   | MALABAR SPRINGS CDD FL SPL ASSMNT                            | CUSIP: 560881AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $605910.40    | 0.02%             | 2044-05-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Malabar Springs Community Development District                                   | MALABAR SPRINGS CDD FL SPL ASSMNT                            | CUSIP: 560881AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $875616.12    | 0.04%             | 2054-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Manhattan KS                                                             | MANHATTAN KS HLTH CARE FAC REVENUE                           | CUSIP: 563017EL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $562836.90    | 0.02%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Marble Falls TX                                                          | MARBLE FALLS TX SPL ASSMNT REVENUE                           | CUSIP: 566035AK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98583.15     | 0.00%             | 2031-09-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| City of Marble Falls TX                                                          | MARBLE FALLS TX SPL ASSMNT REVENUE                           | CUSIP: 566035AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $281729.87    | 0.01%             | 2041-09-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| City of Marble Falls TX                                                          | MARBLE FALLS TX SPL ASSMNT REVENUE                           | CUSIP: 566035AM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $447429.75    | 0.02%             | 2051-09-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| City of Marble Falls TX                                                          | MARBLE FALLS TX SPL ASSMNT REVENUE                           | CUSIP: 566035AN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $176831.10    | 0.01%             | 2044-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| City of Marble Falls TX                                                          | MARBLE FALLS TX SPL ASSMNT REVENUE                           | CUSIP: 566035AP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1097602.83   | 0.04%             | 2054-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH HOSP REVENUE                  | CUSIP: 56678PBL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2995000 | PA      | $2105808.76   | 0.08%             | 2051-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDUCTNL FACS REVENUE          | CUSIP: 56678RAK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1116588.56   | 0.04%             | 2040-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDUCTNL FACS REVENUE          | CUSIP: 56678RAL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1004524.34   | 0.04%             | 2051-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY INDL DEV AUTH EXEMPT FACS REVENUE              | CUSIP: 56678TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3175000 | PA      | $2699468.19   | 0.11%             | 2047-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                   | CUSIP: 56681NJD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4263571.20   | 0.17%             | 2029-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| City of Marion IL Sales Tax Revenue                                              | MARION IL SALES TAX REVENUE                                  | CUSIP: 569498AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2050624.84   | 0.08%             | 2045-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| City of Marion IL Sales Tax Revenue                                              | MARION IL SALES TAX REVENUE                                  | CUSIP: 569498AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3786114.42   | 0.15%             | 2055-06-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Marion Ranch Community Development District                                      | MARION RANCH CDD FL SPL ASSMNT                               | CUSIP: 570001AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $220510.60    | 0.01%             | 2031-05-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Marion Ranch Community Development District                                      | MARION RANCH CDD FL SPL ASSMNT                               | CUSIP: 570001AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $578858.04    | 0.02%             | 2044-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Marion Ranch Community Development District                                      | MARION RANCH CDD FL SPL ASSMNT                               | CUSIP: 570001AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $223075.47    | 0.01%             | 2054-05-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 5742186N8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8165000 | PA      | $8315109.44   | 0.33%             | 2055-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY SENIOR LIVING REVENUE           | CUSIP: 57563WAB4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3433268.70   | 0.14%             | 2045-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57583U6Q6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    715000 | PA      | $635491.93    | 0.03%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584X4M0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    855000 | PA      | $808665.50    | 0.03%             | 2042-10-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584X4P3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1825264.45   | 0.07%             | 2057-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584Y4T3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   4715000 | PA      | $4625129.27   | 0.19%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mckendree Pointe Community Development District                                  | MCKENDREE POINTE CDD FL CAPITAL IMPT REVENUE                 | CUSIP: 581515AD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1774731.22   | 0.07%             | 2056-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | MET ATLANTA RAPID TRANSIT AUTH GA SALES TAX REVENUE          | CUSIP: 591746CA8<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |  12610000 | PA      | $13145449.60  | 0.53%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSONCNTY TN HLTH & EDUCTNL FAC BRD  | CUSIP: 592041YP6<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1323935.04   | 0.05%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Industrial Development Board | MET GOVT NASHVILLE & DAVIDSON CNTY TN INDL DEV BRD SPL ASSMN | CUSIP: 59211SAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3830000 | PA      | $1662151.44   | 0.07%             | 2043-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                     | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                      | CUSIP: 592190SW3<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   4410000 | PA      | $4573439.01   | 0.18%             | 2056-07-01      | Fixed         | 5.25%                 | 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        |   7400000 | PA      | $7860965.24   | 0.31%             | 2056-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250DN1<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   9695000 | PA      | $8324572.97   | 0.33%             | 2050-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue              | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE        | CUSIP: 592643AY6<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   3005000 | PA      | $2625340.19   | 0.11%             | 2030-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue              | MET WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD REVENUE        | CUSIP: 592643DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $1900049.61   | 0.08%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447T2L6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2650305.30   | 0.11%             | 2051-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TUD3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3345000 | PA      | $3016424.33   | 0.12%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698PM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $280435.76    | 0.01%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698QT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2030000 | PA      | $2039021.12   | 0.08%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698SR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4450000 | PA      | $4446988.69   | 0.18%             | 2061-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                             | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT TAX ALLOCATI | CUSIP: 59561UAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1965300.40   | 0.08%             | 2054-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                             | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT TAX ALLOCATI | CUSIP: 59561UAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1539377.10   | 0.06%             | 2044-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                             | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT TAX ALLOCATI | CUSIP: 59561UAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1458044.75   | 0.06%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MidCity Improvement District                                                     | MIDCITY IMPT DIST AL SPL ASSMNT REVENUE                      | CUSIP: 59564KAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $683013.77    | 0.03%             | 2042-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MidCity Improvement District                                                     | MIDCITY IMPT DIST AL SPL ASSMNT REVENUE                      | CUSIP: 59564KAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $700536.27    | 0.03%             | 2049-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Midtown Miami Community Development District                                     | MIDTOWN MIAMI FL CDD SPL ASSMNT REVENUE                      | CUSIP: 59807PAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $890520.65    | 0.04%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Milton DE                                                                | MILTON DE SPL OBLIG                                          | CUSIP: 601792AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009652.20   | 0.04%             | 2053-09-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Town of Milton DE                                                                | MILTON DE SPL OBLIG                                          | CUSIP: 601792AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $607295.64    | 0.02%             | 2044-09-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                                   | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE            | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19630000 | PA      | $18882901.83  | 0.76%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                                   | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE            | CUSIP: 60733UAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18250000 | PA      | $16914968.70  | 0.68%             | 2054-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Mohegan Tribal Finance Authority                                                 | MOHEGAN TRIBAL CT FIN AUTH                                   | CUSIP: 608327AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10165000 | PA      | $10250694.00  | 0.41%             | 2045-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603M71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2678994.90   | 0.11%             | 2049-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                         | CUSIP: 62620HEL2<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2765000 | PA      | $2780443.91   | 0.11%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                                               | NEW YORK CNTYS NY TOBACCO TRUST IV                           | CUSIP: 62947YAL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2945491.20   | 0.12%             | 2041-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WBK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5585000 | PA      | $5702616.75   | 0.23%             | 2037-09-28      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1329715.34   | 0.05%             | 2040-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1385168.97   | 0.06%             | 2046-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3350000 | PA      | $2778306.76   | 0.11%             | 2055-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1039000 | PA      | $1038914.91   | 0.04%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4440000 | PA      | $4438434.46   | 0.18%             | 2035-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1175203.28   | 0.05%             | 2032-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3925000 | PA      | $3928395.13   | 0.16%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14330000 | PA      | $8980099.42   | 0.36%             | 2033-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4212000 | PA      | $4213192.84   | 0.17%             | 2033-12-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1346419.24   | 0.05%             | 2031-12-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MF AFFORDABLE HSG                       | CUSIP: 63610CAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2820000 | PA      | $2970142.16   | 0.12%             | 2042-04-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX STUDENT HSG REV       | CUSIP: 64542RFK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $1944039.00   | 0.08%             | 2057-07-01      | 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: 64542UFJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $588923.44    | 0.02%             | 2055-01-01      | 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: 64542UGG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5136231.50   | 0.21%             | 2052-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE | CUSIP: 64542UHY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1096800.76   | 0.04%             | 2055-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New Hope Higher Education Finance Corp                                           | NEW HOPE TX HGR EDU FIN CORP EDU REVENUE                     | CUSIP: 645438AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5580000 | PA      | $4119446.72   | 0.16%             | 2051-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 64577BG32<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    375000 | PA      | $375866.89    | 0.02%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH ECON DEV REVENUE                 | CUSIP: 64577HMN8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1802097.89   | 0.07%             | 2031-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH CHARTER SCH LEASE REV            | CUSIP: 64578QAC4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3955000 | PA      | $3404127.83   | 0.14%             | 2054-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE               | CUSIP: 645790QD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $1782163.71   | 0.07%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Port Corners Community Development District                                  | NEW PORT CORNERS CDD FL SPL ASSMNT                           | CUSIP: 648122AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $888982.20    | 0.04%             | 2055-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519DC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1600080.32   | 0.06%             | 2040-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519DW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8150000 | PA      | $5859886.68   | 0.23%             | 2051-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519EH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $2760809.82   | 0.11%             | 2051-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519EN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5320000 | PA      | $4061315.13   | 0.16%             | 2044-02-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519FA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9045000 | PA      | $6669290.05   | 0.27%             | 2052-09-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                 | CUSIP: 64972B8M0<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   3190000 | PA      | $3120173.13   | 0.12%             | 2044-11-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JPT9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5116454.50   | 0.20%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REV                     | CUSIP: 64972KJH9<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9945650.00   | 0.40%             | 2055-11-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH SALES TAX REVENUE                      | CUSIP: 64990AUK9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5142350.50   | 0.21%             | 2055-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH SALES TAX REVENUE                      | CUSIP: 64990AWY7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1422318.94   | 0.06%             | 2054-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FA53<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $3052733.04   | 0.12%             | 2051-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 65000BNG9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1492966.80   | 0.06%             | 2052-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP EXEMPT FAC REVENUE            | CUSIP: 650110AE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4620000 | PA      | $3909643.12   | 0.16%             | 2053-04-30      | Fixed         | 4.00%                 | 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        |   3665000 | PA      | $3839655.58   | 0.15%             | 2036-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3845000 | PA      | $4082330.70   | 0.16%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116FK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10901488.00  | 0.44%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2215000 | PA      | $2351608.13   | 0.09%             | 2040-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9900000 | PA      | $9882734.40   | 0.40%             | 2060-06-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116JK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3255715.50   | 0.13%             | 2050-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116JP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8478554.40   | 0.34%             | 2055-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Newfield Community Development District                                          | NEWFIELD CDD FL SPL ASSMNT REVENUE                           | CUSIP: 65128AAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1805000 | PA      | $1848573.96   | 0.07%             | 2045-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Newfield Community Development District                                          | NEWFIELD CDD FL SPL ASSMNT REVENUE                           | CUSIP: 65128AAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1171094.57   | 0.05%             | 2056-05-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Norfolk Redevelopment & Housing Authority                                        | NORFOLK VA REDEV & HSG AUTH REVENUE                          | CUSIP: 655909CM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1148968.25   | 0.05%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Normandy Community Development District                                          | NORMANDY CDD FL CAPITAL IMPT REVENUE                         | CUSIP: 65618HAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1428600.62   | 0.06%             | 2054-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| North AR-1 Pasco Community Development District                                  | NORTH AR-1 PASCO CDD FL CAPITAL IMPT REVENUE                 | CUSIP: 65725AAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $159730.58    | 0.01%             | 2044-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| North AR-1 Pasco Community Development District                                  | NORTH AR-1 PASCO CDD FL CAPITAL IMPT REVENUE                 | CUSIP: 65725AAS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $275006.58    | 0.01%             | 2054-05-01      | Fixed         | 6.00%                 | 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        |   6175000 | PA      | $6200840.52   | 0.25%             | 2056-11-01      | 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        |   3985000 | PA      | $4048706.60   | 0.16%             | 2058-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 65889BEL4<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5029347.00   | 0.20%             | 2045-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 65889BEM2<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10077955.00  | 0.40%             | 2050-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| North Range Metropolitan District No 3                                           | NORTH RANGE MET DIST #3 CO                                   | CUSIP: 66176NAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002314.60   | 0.04%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Northern Tobacco Securitization Corp                                             | NTHRN AK TOBACCO SECURITIZATION CORP TOBACCO SETTLEMENT REVE | CUSIP: 66585VCB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20425000 | PA      | $2289952.96   | 0.09%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Oak Point TX                                                             | OAK POINT TX SPL ASSMNT REVENUE                              | CUSIP: 67176TAX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $987280.80    | 0.04%             | 2054-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| City of Oak Point TX                                                             | OAK POINT TX SPL ASSMNT REVENUE                              | CUSIP: 67176TAZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $493104.15    | 0.02%             | 2044-09-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| City of Oak Point TX                                                             | OAK POINT TX SPL ASSMNT REVENUE                              | CUSIP: 67176TBA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $218717.14    | 0.01%             | 2054-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                      | OHIO ST HSG FIN AGY MF HSG REVENUE                           | CUSIP: 676900XN8<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3654400.05   | 0.15%             | 2043-08-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | OHIO ST HGR EDUCTNL FAC COMMISSION                           | CUSIP: 67756DZU3<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2846951.45   | 0.11%             | 2047-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Okaloosa FL                                                            | OKALOOSA CNTY FL INDL DEV REVENUE                            | CUSIP: 678226AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1354853.58   | 0.05%             | 2045-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Okaloosa FL                                                            | OKALOOSA CNTY FL INDL DEV REVENUE                            | CUSIP: 678226AD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $698551.52    | 0.03%             | 2060-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH                                     | CUSIP: 6789083V4<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |  14040000 | PA      | $13861234.30  | 0.56%             | 2051-09-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH                                     | CUSIP: 6789083W2<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1920000 | PA      | $1895553.41   | 0.08%             | 2051-09-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Orchard Park Place South Metropolitan District                                   | ORCHARD PARK PLACE SOUTH MET DIST CO                         | CUSIP: 685655AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2956259.10   | 0.12%             | 2054-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Oregon Health & Science University                                               | OREGON ST HLTH & SCIENCE UNIV REVENUE                        | CUSIP: 685869HG7<br>LEI: 549300XTWOAGON8L2G98 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $2328550.95   | 0.09%             | 2051-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                | OREGON ST FACS AUTH REVENUE                                  | CUSIP: 68608JXK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $813902.93    | 0.03%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                | OREGON ST FACS AUTH REVENUE                                  | CUSIP: 68608JXL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $453535.30    | 0.02%             | 2055-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ormond Crossings West Community Development District                             | ORMAND CROSSINGS FL W CDD                                    | CUSIP: 68682AAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1833937.75   | 0.07%             | 2047-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Ormond Crossings West Community Development District                             | ORMAND CROSSINGS FL W CDD                                    | CUSIP: 68682AAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2122341.54   | 0.08%             | 2057-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                      | OSCEOLA CNTY FL TRANSPRTN REVENUE                            | CUSIP: 688031FD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5125000 | PA      | $1553963.55   | 0.06%             | 2048-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                      | OSCEOLA CNTY FL TRANSPRTN REVENUE                            | CUSIP: 688031FE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1770000 | PA      | $504814.09    | 0.02%             | 2049-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PRIFA Custodial Trust                                                            | PRIFA SER 2005 (2021) CUSTODIAL TRUST                        | CUSIP: 69362XAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $821652.81    | 0.03%             | 2049-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Palisade Metropolitan District No 2                                              | PALISADE CO MET DIST #2 LIMITED TAX                          | CUSIP: 696392AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2595000 | PA      | $2481128.29   | 0.10%             | 2054-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH HOSP REVENUE               | CUSIP: 69651ACY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $830886.45    | 0.03%             | 2050-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Palmetto Ridge Community Development District                                    | PALMETTO RIDGE CDD FL SPL ASSMNT                             | CUSIP: 697119AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $990894.00    | 0.04%             | 2046-05-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Palmetto Ridge Community Development District                                    | PALMETTO RIDGE CDD FL SPL ASSMNT                             | CUSIP: 697119AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1572241.44   | 0.06%             | 2055-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Parrish Plantation Community Development District                                | PARRISH PLANTATION CMNTY DEV DIST FL SPL ASSMNT REVENUE      | CUSIP: 701830AK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $487169.71    | 0.02%             | 2044-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Parrish Plantation Community Development District                                | PARRISH PLANTATION CMNTY DEV DIST FL SPL ASSMNT REVENUE      | CUSIP: 701830AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $907796.63    | 0.04%             | 2054-05-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Parrish Plantation Community Development District                                | PARRISH PLANTATION CMNTY DEV DIST FL SPL ASSMNT REVENUE      | CUSIP: 701830AP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $382113.86    | 0.02%             | 2054-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Parrish Lakes Community Development District                                     | PARRISH LAKES CDD CAPITAL IMPT REVENUE                       | CUSIP: 70183FAH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $873812.55    | 0.03%             | 2044-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Parrish Lakes Community Development District                                     | PARRISH LAKES CDD CAPITAL IMPT REVENUE                       | CUSIP: 70183FAJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $270829.74    | 0.01%             | 2054-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FINGAUTH EXEMPT FACS REVENUE        | CUSIP: 708686DZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5390000 | PA      | $5392402.86   | 0.22%             | 2044-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FINGAUTH EXEMPT FACS REVENUE        | CUSIP: 708686ES5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1758762.08   | 0.07%             | 2038-12-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FINGAUTH EXEMPT FACS REVENUE        | CUSIP: 708686ET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3065000 | PA      | $3080471.81   | 0.12%             | 2037-12-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2890000 | PA      | $3031426.49   | 0.12%             | 2048-06-30      | Fixed         | 5.75%                 | No            |                  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        |   8940000 | PA      | $9030375.35   | 0.36%             | 2053-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | CUSIP: 708692CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16590000 | PA      | $17331446.92  | 0.69%             | 2047-09-01      | Fixed         | 6.88%                 | 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        |    640000 | PA      | $612436.22    | 0.02%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                  | PENNSYLVANIA HGR EDU ASSISTANCE AGY LOAN REVENUE             | CUSIP: 70878CBS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2980000 | PA      | $2998353.52   | 0.12%             | 2046-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883A77<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    490000 | PA      | $517774.47    | 0.02%             | 2048-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Pilot Point TX                                                           | PILOT POINT TX SPL ASSMNT REVENUE                            | CUSIP: 721614AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $599927.87    | 0.02%             | 2045-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| City of Pilot Point TX                                                           | PILOT POINT TX SPL ASSMNT REVENUE                            | CUSIP: 721614BB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $889548.22    | 0.04%             | 2045-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH EDU REVENUE                       | CUSIP: 72177MRX7<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    700000 | PA      | $670914.30    | 0.03%             | 2039-07-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH EDU REVENUE                       | CUSIP: 72177MRY5<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    870000 | PA      | $758333.24    | 0.03%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH EDU REVENUE                       | CUSIP: 72177MTQ0<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1255000 | PA      | $978406.91    | 0.04%             | 2056-07-01      | Fixed         | 5.00%                 | 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        |   6995000 | PA      | $5328048.83   | 0.21%             | 2051-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pinery Community Development District                                            | PINERY CDD FL CAPITAL IMPT REVENUE                           | CUSIP: 72330HAD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1587242.88   | 0.06%             | 2056-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Piney Lake Trails Metropolitan District No 1                                     | PINEY LAKE TRAILS MET DIST #1 CO                             | CUSIP: 72341MAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $791753.88    | 0.03%             | 2055-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Point Phase 1 Public Infrastructure District No 1                                | POINT PHASE 1 PUB INFRASTRUCTURE DIST #1 UT TAX ASSMNT & GEN | CUSIP: 73058EAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036271.90   | 0.04%             | 2055-03-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Poitras East Community Development District                                      | POITRAS EAST CDD FL SPL ASSMNT REVENUE                       | CUSIP: 73086BAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $471507.73    | 0.02%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Poitras East Community Development District                                      | POITRAS EAST CDD FL SPL ASSMNT REVENUE                       | CUSIP: 73086BAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1656466.85   | 0.07%             | 2052-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Pompano Beach FL                                                         | POMPANO BEACH FL REVENUE                                     | CUSIP: 732203BE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4900000 | PA      | $4085248.58   | 0.16%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Industrial Development Authority                                | PORT BEAUMONT TX INDL DEV AUTH                               | CUSIP: 73358SAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6900000 | PA      | $6301610.61   | 0.25%             | 2028-01-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                             | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE            | CUSIP: 73360CAC8<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   3380000 | PA      | $3201146.96   | 0.13%             | 2035-01-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                             | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE            | CUSIP: 73360CAD6<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |  31160000 | PA      | $24121220.86  | 0.97%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                             | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE            | CUSIP: 73360CAM6<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   2225000 | PA      | $1676091.83   | 0.07%             | 2041-01-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                             | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE            | CUSIP: 73360CAS3<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   3820000 | PA      | $3831074.94   | 0.15%             | 2026-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Port of Morrow OR                                                                | PORT OF MORROW OR                                            | CUSIP: 73473RFG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15040000 | PA      | $15044184.13  | 0.60%             | 2026-10-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Poudre Heights Valley Metropolitan District                                      | POUDRE HEIGHTS VLY MET DIST CO                               | CUSIP: 73856AAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $915106.82    | 0.04%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Power County Industrial Development Corp                                         | PWR CNTY ID INDL DEV CORP SOL WST DISP REVENUE               | CUSIP: 739247AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $266097.60    | 0.01%             | 2032-08-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Prairie Farm Metropolitan District                                               | PRAIRIE FARM MET DIST CO                                     | CUSIP: 73955CAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1207000 | PA      | $1190595.66   | 0.05%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Princeton TX                                                             | PRINCETON TX SPL ASSMNT REVENUE                              | CUSIP: 742400CM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $348751.94    | 0.01%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Princeton TX                                                             | PRINCETON TX SPL ASSMNT REVENUE                              | CUSIP: 742400CN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $561268.71    | 0.02%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Princeton TX                                                             | PRINCETON TX SPL ASSMNT REVENUE                              | CUSIP: 742400CP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151455.69    | 0.01%             | 2031-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| City of Princeton TX                                                             | PRINCETON TX SPL ASSMNT REVENUE                              | CUSIP: 742400CQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $418259.25    | 0.02%             | 2044-09-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| City of Princeton TX                                                             | PRINCETON TX SPL ASSMNT REVENUE                              | CUSIP: 742400CR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    642000 | PA      | $623733.43    | 0.02%             | 2054-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| City of Princeton TX                                                             | PRINCETON TX SPL ASSMNT REVENUE                              | CUSIP: 742400DA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $326879.87    | 0.01%             | 2045-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| City of Princeton TX                                                             | PRINCETON TX SPL ASSMNT REVENUE                              | CUSIP: 742400DB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $543400.86    | 0.02%             | 2055-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| City of Princeton TX                                                             | PRINCETON TX SPL ASSMNT REVENUE                              | CUSIP: 742400DE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $392255.84    | 0.02%             | 2045-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| City of Princeton TX                                                             | PRINCETON TX SPL ASSMNT REVENUE                              | CUSIP: 742400DF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $535293.61    | 0.02%             | 2055-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| City of Princeton TX                                                             | PRINCETON TX SPL ASSMNT REVENUE                              | CUSIP: 742400DW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1375950.80   | 0.06%             | 2055-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396CV2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1554014.56   | 0.06%             | 2047-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396FW7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    925000 | PA      | $816582.69    | 0.03%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396FX5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2405000 | PA      | $1852299.74   | 0.07%             | 2055-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396GB2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3790000 | PA      | $3153555.15   | 0.13%             | 2056-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396GW6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    170000 | PA      | $169291.13    | 0.01%             | 2031-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396GX4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    510000 | PA      | $493895.88    | 0.02%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396GY2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1060000 | PA      | $912720.74    | 0.04%             | 2051-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396HF2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2385000 | PA      | $2017949.69   | 0.08%             | 2056-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI MF HSG REVENUE                            | CUSIP: 74441XJH3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2740000 | PA      | $2702153.75   | 0.11%             | 2065-07-01      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EFA3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   7700000 | PA      | $6908223.63   | 0.28%             | 2049-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EFW5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  11540000 | PA      | $9081499.94   | 0.36%             | 2055-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442ELU2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    410000 | PA      | $393317.06    | 0.02%             | 2044-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EML1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1031666.65   | 0.04%             | 2060-04-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PA70<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   9100000 | PA      | $9337185.13   | 0.37%             | 2043-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PC94<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1895000 | PA      | $2260650.67   | 0.09%             | 2029-05-16      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PD36<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   7880000 | PA      | $8774069.53   | 0.35%             | 2059-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PD93<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4609552 | PA      | $4612957.43   | 0.18%             | 2032-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PDD4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    805000 | PA      | $281750.00    | 0.01%             | 2046-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PDE2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $463750.00    | 0.02%             | 2046-11-01      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PEU5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    910000 | PA      | $91000.00     | 0.00%             | 2031-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PEW1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    910000 | PA      | $91000.00     | 0.00%             | 2047-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PG58<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2535000 | PA      | $1180640.51   | 0.05%             | 2038-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PH32<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  17175000 | PA      | $17306567.37  | 0.69%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PL78<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   7552000 | PA      | $3897598.53   | 0.16%             | 2037-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PP41<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4428000 | PA      | $2899114.33   | 0.12%             | 2032-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PP66<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   6490000 | PA      | $6775013.54   | 0.27%             | 2061-01-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PP74<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2564558.70   | 0.10%             | 2036-01-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PPR0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    950000 | PA      | $574091.08    | 0.02%             | 2035-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PPS8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  31635000 | PA      | $2740704.55   | 0.11%             | 2060-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PPT6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    740000 | PA      | $735412.00    | 0.03%             | 2035-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PQ24<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2107688.40   | 0.08%             | 2045-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PQ81<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  17085000 | PA      | $5296865.97   | 0.21%             | 2042-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PTF2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3288857.60   | 0.13%             | 2051-09-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PTG0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3370000 | PA      | $2702054.88   | 0.11%             | 2056-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SENIOR LIVING REVENUE                     | CUSIP: 74443UAY9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    980000 | PA      | $996189.89    | 0.04%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI MENTAL HLTHCARE FACS REVENUE              | CUSIP: 74443XAC1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5280000 | PA      | $3405969.60   | 0.14%             | 2051-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI RETMNT FAC REVENUE                        | CUSIP: 74444VAD2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1137983.47   | 0.05%             | 2052-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDUCTNL REVENUE                           | CUSIP: 74445GAR3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    645000 | PA      | $612827.85    | 0.02%             | 2053-06-15      | Fixed         | 5.00%                 | 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        |   1185000 | PA      | $904144.10    | 0.04%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SPL FAC REVENUE                           | CUSIP: 74446DAH1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    530000 | PA      | $500569.37    | 0.02%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH LESE REVENUE                     | CUSIP: 74446LAB6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    750000 | PA      | $700620.60    | 0.03%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH LESE REVENUE                     | CUSIP: 74446LAC4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1119306.02   | 0.04%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SPL REVENUE                               | CUSIP: 74447TAG7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  12185000 | PA      | $12213345.97  | 0.49%             | 2033-12-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI POOLED CHRTSCH CTFS SER 2023-1            | CUSIP: 74448GAA7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   8786805 | PA      | $9171142.54   | 0.37%             | 2062-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI POOLED CHRTSCH CTFS SER 2023-1            | CUSIP: 74448GAB5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4800000 | PA      | $3918000.00   | 0.16%             | 2062-07-01      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6623888.40   | 0.27%             | 2060-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4565000 | PA      | $4727547.78   | 0.19%             | 2060-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4985000 | PA      | $5503347.28   | 0.22%             | 2065-12-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  27910000 | PA      | $28861934.74  | 1.16%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   3605040 | PA      | $3830187.73   | 0.15%             | 2029-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   3401844 | PA      | $3755512.97   | 0.15%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1059314 | PA      | $994475.30    | 0.04%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |  15917660 | PA      | $14175516.68  | 0.57%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   5283281 | PA      | $3866795.32   | 0.15%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |  10800000 | PA      | $7074000.01   | 0.28%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L4E4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |  36200000 | PA      | $10769500.00  | 0.43%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L4G9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |  96814165 | PA      | $58572569.66  | 2.35%             | 2051-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YAA3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1345000 | PA      | $896106.25    | 0.04%             | 2031-07-01      | Floating      | 1.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YAE5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1161428 | PA      | $775253.19    | 0.03%             | 2019-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YAF2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    747668 | PA      | $499068.39    | 0.02%             | 2019-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YAG0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    747668 | PA      | $499068.39    | 0.02%             | 2019-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YBT1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    900000 | PA      | $600750.00    | 0.02%             | 2018-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YBV6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    330000 | PA      | $220275.00    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YCK9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    715000 | PA      | $477262.50    | 0.02%             | 2022-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YCN3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    620000 | PA      | $413850.00    | 0.02%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YCU7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2290000 | PA      | $1525712.50   | 0.06%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YCW3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    345000 | PA      | $229856.25    | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YCZ6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $719550.00    | 0.03%             | 2042-07-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDG7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1069331.25   | 0.04%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDJ1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    765000 | PA      | $510637.50    | 0.02%             | 2022-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDL6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    370000 | PA      | $246975.00    | 0.01%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDN2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   3560000 | PA      | $2376300.00   | 0.10%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDP7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1940000 | PA      | $1294950.00   | 0.05%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDS1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    265000 | PA      | $176887.50    | 0.01%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDT9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    590000 | PA      | $393087.50    | 0.02%             | 2026-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDV4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    230000 | PA      | $153237.50    | 0.01%             | 2027-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDY8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1945000 | PA      | $1295856.25   | 0.05%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDZ5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   3655000 | PA      | $2435143.75   | 0.10%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEA9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    190000 | PA      | $126587.50    | 0.01%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YED3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    315000 | PA      | $209868.75    | 0.01%             | 2033-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEE1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   8150000 | PA      | $5429937.50   | 0.22%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEF8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    705000 | PA      | $469706.25    | 0.02%             | 2035-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEG6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3003750.00   | 0.12%             | 2022-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEJ0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    815000 | PA      | $544012.50    | 0.02%             | 2024-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEK7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2054176 | PA      | $1371162.48   | 0.05%             | 2018-01-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEL5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    207677 | PA      | $138624.40    | 0.01%             | 2020-01-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEM3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2054508 | PA      | $1371384.09   | 0.05%             | 2018-07-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEN1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    207677 | PA      | $138624.40    | 0.01%             | 2020-07-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEP6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    475000 | PA      | $317062.50    | 0.01%             | 2017-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEQ4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    415000 | PA      | $277012.50    | 0.01%             | 2018-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YER2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    335000 | PA      | $223612.50    | 0.01%             | 2019-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEU5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    415000 | PA      | $276493.75    | 0.01%             | 2038-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEV3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2870000 | PA      | $1912137.50   | 0.08%             | 2036-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFD2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   5830000 | PA      | $3884237.50   | 0.16%             | 2036-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFE0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   8735000 | PA      | $5819693.75   | 0.23%             | 2033-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFF7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $666250.00    | 0.03%             | 2040-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFG5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    775000 | PA      | $516343.75    | 0.02%             | 2043-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFH3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    250000 | PA      | $166562.50    | 0.01%             | 2030-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFJ9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2332230 | PA      | $1556763.53   | 0.06%             | 2020-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFK6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   4429933 | PA      | $2956980.28   | 0.12%             | 2020-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFM2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    709256 | PA      | $473428.38    | 0.02%             | 2020-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFN0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2660000 | PA      | $1775550.00   | 0.07%             | 2017-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFP5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    125000 | PA      | $83437.50     | 0.00%             | 2018-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFQ3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $757612.50    | 0.03%             | 2020-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFR1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    230212 | PA      | $153666.51    | 0.01%             | 2019-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFW0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $700875.00    | 0.03%             | 2019-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74528LAA9<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    680000 | PA      | $770459.52    | 0.03%             | 2045-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74528LAB7<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    445000 | PA      | $507929.85    | 0.02%             | 2042-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74528LAC5<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    680000 | PA      | $770459.52    | 0.03%             | 2045-01-01      | Fixed         | 6.75%                 | 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        |  10600000 | PA      | $10374789.22  | 0.42%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2574000 | PA      | $1968226.09   | 0.08%             | 2033-07-01      | None          | 0.00%                 | 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        |  47577000 | PA      | $16484550.33  | 0.66%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4880000 | PA      | $4709149.25   | 0.19%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8066000 | PA      | $2794719.78   | 0.11%             | 2046-07-01      | None          | 0.00%                 | 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        |   1564000 | PA      | $1441278.39   | 0.06%             | 2053-07-01      | Fixed         | 4.54%                 | No            |                  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        |   1495000 | PA      | $1426111.60   | 0.06%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    626000 | PA      | $597154.42    | 0.02%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Rancho Mirage Community Facilities District                                      | RANCHO MIRAGE CA CMNTY FACS DIST SPL TAX                     | CUSIP: 75213WCM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1035636.26   | 0.04%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Redtail Ridge Metropolitan District                                              | REDTAIL RIDGE MET DIST CO                                    | CUSIP: 75773CAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12227000 | PA      | $7781871.70   | 0.31%             | 2032-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Reflection Bay Community Development District                                    | REFLECTION BAY CDD FL SPL ASSMNT                             | CUSIP: 75865NAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $459940.23    | 0.02%             | 2045-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Reflection Bay Community Development District                                    | REFLECTION BAY CDD FL SPL ASSMNT                             | CUSIP: 75865NAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $760560.30    | 0.03%             | 2055-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| City of Reno NV                                                                  | RENO NV SPL ASSMNT                                           | CUSIP: 759865CD8<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |    825000 | PA      | $854953.44    | 0.03%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Reno NV                                                                  | RENO NV SPL ASSMNT                                           | CUSIP: 759865CE6<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $984305.90    | 0.04%             | 2047-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Reunion East Community Development District                                      | REUNION E FL CDD SPL ASSMNT                                  | CUSIP: 761311AW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2965000 | PA      | $2505246.21   | 0.10%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Reunion Metropolitan District                                                    | REUNION MET DIST CO SPL REVENUE                              | CUSIP: 76133UAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1409193 | PA      | $1047539.00   | 0.04%             | 2044-12-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp                                | RHODE ISLAND ST HLTH & EDUCTNL BLDG CORP REVENUE             | CUSIP: 762244PB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5080000 | PA      | $5003692.81   | 0.20%             | 2065-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ridges Estates Infrastructure Financing District                                 | RIDGES ESTATES INFRASTRUCTURE FING DIST UT SPL ASSMNT        | CUSIP: 76610DAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5352000 | PA      | $5505228.83   | 0.22%             | 2053-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Riverpark Metropolitan District/Arapahoe County                                  | RIVERPARK MET DIST CO LIMITED TAX & SPL REVENUE              | CUSIP: 76883BAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $665630.03    | 0.03%             | 2042-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Riverpark Metropolitan District/Arapahoe County                                  | RIVERPARK MET DIST CO LIMITED TAX & SPL REVENUE              | CUSIP: 76883BAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019134.10   | 0.04%             | 2054-12-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Rustic Oaks Community Development District                                       | RUSTIC OAKS CMNTY DEV DIST FL CAP IMPT REVENUE               | CUSIP: 783089AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1136180.78   | 0.05%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                            | SAINT JAMES PARISH LA REVENUE                                | CUSIP: 790103AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3160000 | PA      | $3475213.16   | 0.14%             | 2040-07-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                            | SAINT JAMES PARISH LA REVENUE                                | CUSIP: 790103AZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $918633.51    | 0.04%             | 2041-08-01      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| St Johns County Industrial Development Authority                                 | SAINT JOHNS CNTY FL INDL DEV AUTH REVENUE                    | CUSIP: 790417AR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2252833.29   | 0.09%             | 2055-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Education Facilities Corp                                            | SAN ANTONIO TX EDU FACS CORP REVENUE                         | CUSIP: 796247DX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $563141.89    | 0.02%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GNZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1965000 | PA      | $1710421.48   | 0.07%             | 2056-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Marcos TX                                                            | SAN MARCOS TX SPL ASSMNT REVENUE                             | CUSIP: 798801AS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99267.33     | 0.00%             | 2027-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| City of San Marcos TX                                                            | SAN MARCOS TX SPL ASSMNT REVENUE                             | CUSIP: 798801AT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    237000 | PA      | $232785.74    | 0.01%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Marcos TX                                                            | SAN MARCOS TX SPL ASSMNT REVENUE                             | CUSIP: 798801AU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $686936.18    | 0.03%             | 2042-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of San Marcos TX                                                            | SAN MARCOS TX SPL ASSMNT REVENUE                             | CUSIP: 798801AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $449144.64    | 0.02%             | 2051-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Sandridge Community Development District                                         | SANDRIDGE CMNTY DEV DIST FL SPL ASSMNT REVENUE               | CUSIP: 80007LAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $515099.82    | 0.02%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County Public Hospital District                                         | SARASOTA CNTY FL PUBLIC HOSP DIST                            | CUSIP: 803301DL1<br>LEI: 549300JY4SF4DU1YDF85 | Long             | DBT              | MUN               | US        |   5200000 | PA      | $4519187.40   | 0.18%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Seagoville TX                                                            | SEAGOVILLE TX SPL ASSMNT REVENUE                             | CUSIP: 811829AF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $639416.63    | 0.03%             | 2045-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Seagoville TX                                                            | SEAGOVILLE TX SPL ASSMNT REVENUE                             | CUSIP: 811829AG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $301385.48    | 0.01%             | 2054-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Seminole County Industrial Development Authority                                 | SEMINOLE CNTY FL INDL DEV AUTH                               | CUSIP: 81669TAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2030000 | PA      | $2037541.86   | 0.08%             | 2039-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Seminole County Industrial Development Authority                                 | SEMINOLE CNTY FL INDL DEV AUTH                               | CUSIP: 81669TAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2420000 | PA      | $2307604.79   | 0.09%             | 2054-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Seminole Palms Community Development District                                    | SEMINOLE PALMS FL CDD SPL ASSMNT                             | CUSIP: 816775AF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $878698.37    | 0.04%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Shadowlawn Community Development District                                        | SHADOWLAWN CDD FL SPL ASSMNT REVENUE                         | CUSIP: 818820AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $352377.44    | 0.01%             | 2054-05-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| City of Shawnee KS                                                               | SHAWNEE KS EDU FACS REVENUE                                  | CUSIP: 820668AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $708717.63    | 0.03%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Shawnee KS                                                               | SHAWNEE KS EDU FACS REVENUE                                  | CUSIP: 820668AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1526520.80   | 0.06%             | 2056-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $239818.93    | 0.01%             | 2034-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $560832.63    | 0.02%             | 2044-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $914117.75    | 0.04%             | 2054-06-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $153909.62    | 0.01%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1258714.80   | 0.05%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1308384.94   | 0.05%             | 2054-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UBA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3100000 | PA      | $2949507.40   | 0.12%             | 2064-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SkyRidge Pegasus Infrastructure Financing District                               | SKYRIDGE PEGASUS INFRASTRUCTURE FING DIST UT                 | CUSIP: 83089AAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3850000 | PA      | $3826985.47   | 0.15%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sojourn at Idlewild Metropolitan District                                        | SOJOURN AT IDLEWILD MET DIST CO                              | CUSIP: 83408GAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025216.60   | 0.04%             | 2055-12-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Solaeris Community Development District                                          | SOLAERIS CDD FL SPL ASSMNT                                   | CUSIP: 83409XAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3073965.90   | 0.12%             | 2056-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Somerset Bay Community Development District                                      | SOMERSET BAY CDD FL CAPITAL IMPT REVENUE                     | CUSIP: 83461CAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $310392.25    | 0.01%             | 2031-05-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Somerset Bay Community Development District                                      | SOMERSET BAY CDD FL CAPITAL IMPT REVENUE                     | CUSIP: 83461CAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $927802.01    | 0.04%             | 2044-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Somerset Bay Community Development District                                      | SOMERSET BAY CDD FL CAPITAL IMPT REVENUE                     | CUSIP: 83461CAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $897124.24    | 0.04%             | 2054-05-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| South Broward Hospital District                                                  | SOUTH BROWARD FL HOSP DIST                                   | CUSIP: 836753NM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16840000 | PA      | $12025890.26  | 0.48%             | 2051-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| South Broward Hospital District                                                  | SOUTH BROWARD FL HOSP DIST                                   | CUSIP: 836753NP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $304040.70    | 0.01%             | 2051-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE        | CUSIP: 837031H71<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |  14770000 | PA      | $14072491.18  | 0.56%             | 2065-03-01      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE        | CUSIP: 837031H97<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |  14985000 | PA      | $14793394.30  | 0.59%             | 2060-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH REVENUE                 | CUSIP: 837036HH8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1311739.77   | 0.05%             | 2060-10-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH EDUCTNL FACS REVENUE    | CUSIP: 83704MCH7<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1935000 | PA      | $1728431.20   | 0.07%             | 2062-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4372433.94   | 0.18%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HDM2<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |  13380000 | PA      | $14435846.57  | 0.58%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Groves Community Development District No 5                              | SOUTHERN GROVE CMNTY DEV DIST #5  SPL ASSMNT                 | CUSIP: 843021AF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $173469.55    | 0.01%             | 2030-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern Groves Community Development District No 5                              | SOUTHERN GROVE CMNTY DEV DIST #5  SPL ASSMNT                 | CUSIP: 843021AG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $814654.67    | 0.03%             | 2040-05-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Southern Groves Community Development District No 5                              | SOUTHERN GROVE CMNTY DEV DIST #5  SPL ASSMNT                 | CUSIP: 843021AH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $559533.60    | 0.02%             | 2046-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Spring Valley Community Infrastructure District No 1                             | SPRING VLY CMNTY INFRASTRUCTURE DIST #1                      | CUSIP: 850071AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125515.38    | 0.01%             | 2027-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Spring Valley Community Infrastructure District No 1                             | SPRING VLY CMNTY INFRASTRUCTURE DIST #1                      | CUSIP: 850071AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $140685.05    | 0.01%             | 2030-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Spring Valley Community Infrastructure District No 1                             | SPRING VLY CMNTY INFRASTRUCTURE DIST #1                      | CUSIP: 850071AF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75250.94     | 0.00%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Spring Valley Community Infrastructure District No 1                             | SPRING VLY CMNTY INFRASTRUCTURE DIST #1                      | CUSIP: 850071AJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $165294.03    | 0.01%             | 2034-09-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Spring Valley Community Infrastructure District No 1                             | SPRING VLY CMNTY INFRASTRUCTURE DIST #1                      | CUSIP: 850071AK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $170414.02    | 0.01%             | 2035-09-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Spring Valley Community Infrastructure District No 1                             | SPRING VLY CMNTY INFRASTRUCTURE DIST #1                      | CUSIP: 850071AN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $195369.21    | 0.01%             | 2038-09-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Spring Valley Community Infrastructure District No 1                             | SPRING VLY CMNTY INFRASTRUCTURE DIST #1                      | CUSIP: 850071AP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200284.52    | 0.01%             | 2040-09-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Spring Valley Community Infrastructure District No 1                             | SPRING VLY CMNTY INFRASTRUCTURE DIST #1                      | CUSIP: 850071AQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $405246.93    | 0.02%             | 2045-09-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Spring Valley Community Infrastructure District No 1                             | SPRING VLY CMNTY INFRASTRUCTURE DIST #1                      | CUSIP: 850071AS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $675101.72    | 0.03%             | 2055-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of St Louis Missouri/The            | SAINT LOUIS MO INDL DEV AUTH FING REVENUE                    | CUSIP: 85236BAB8<br>LEI: 549300WTUL8KX1FOUZ40 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $957515.11    | 0.04%             | 2035-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of St Louis Missouri/The            | SAINT LOUIS MO INDL DEV AUTH TAX INCR & SPL DIST REVENUE     | CUSIP: 85237JAA2<br>LEI: 549300WTUL8KX1FOUZ40 | Long             | DBT              | MUN               | US        |    335000 | PA      | $344976.33    | 0.01%             | 2034-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of St Louis Missouri/The            | SAINT LOUIS MO INDL DEV AUTH TAX INCR & SPL DIST REVENUE     | CUSIP: 85237JAB0<br>LEI: 549300WTUL8KX1FOUZ40 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1679628.86   | 0.07%             | 2054-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| St Vrain Lakes Metropolitan District No 4                                        | ST VRAIN LAKES MET DIST NO 4                                 | CUSIP: 85237KAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $1967060.43   | 0.08%             | 2054-09-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                       | STAMFORD CT HSG AUTH                                         | CUSIP: 852640AK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1352757.29   | 0.05%             | 2055-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                       | STAMFORD CT HSG AUTH                                         | CUSIP: 852640AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $921372.92    | 0.04%             | 2060-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Starling Community Development District                                          | STARLING CDD FL SPL ASSMNT REVENUE                           | CUSIP: 85553UAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $846366.59    | 0.03%             | 2045-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Starling Community Development District                                          | STARLING CDD FL SPL ASSMNT REVENUE                           | CUSIP: 85553UAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1570611.35   | 0.06%             | 2056-05-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp                                          | SUFFOLK REGL OFF-TRACK BETTING CORP NY REV                   | CUSIP: 86480TAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1627953.88   | 0.07%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp                                          | SUFFOLK REGL OFF-TRACK BETTING CORP NY REV                   | CUSIP: 86480TAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2667107.56   | 0.11%             | 2044-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp                                          | SUFFOLK REGL OFF-TRACK BETTING CORP NY REV                   | CUSIP: 86480TAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3874635.80   | 0.16%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sugarloaf Community Development District                                         | SUGARLOAF CDD FL CAPITAL IMPT REVENUE                        | CUSIP: 865037AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500042.00    | 0.02%             | 2046-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Sugarloaf Community Development District                                         | SUGARLOAF CDD FL CAPITAL IMPT REVENUE                        | CUSIP: 865037AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $614198.47    | 0.02%             | 2055-12-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ESC SUMTER CNTY ALA IN                                                           | ESC SUMTER CNTY ALA IN                                       | CUSIP: 866ESCAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $0.03         | 0.00%             | 2052-07-15      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Sunrise Community Development District                                           | SUNRISE CDD FL CAPITAL IMPT REVENUE                          | CUSIP: 86771UAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2240715.66   | 0.09%             | 2055-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Tahoe-Douglas Visitors Authority                                                 | TAHOE-DOUGLAS VISITORS AUTH NV STATELINE REVENUE             | CUSIP: 873816AS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1470405.13   | 0.06%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Talavera Community Development District                                          | TALAVERA CDD FL CAPITAL IMPT REVENUE                         | CUSIP: 87410PAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $511851.24    | 0.02%             | 2040-05-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP HOSP REVENUE      | CUSIP: 87638QQR3<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3603872.50   | 0.14%             | 2050-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP REVENUE           | CUSIP: 87638TJS3<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2410000 | PA      | $2464507.45   | 0.10%             | 2055-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HAU1<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12116572.80  | 0.49%             | 2056-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QUL5<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |  12495000 | PA      | $12924870.47  | 0.52%             | 2051-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE               | CUSIP: 392275FK4<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |  10700000 | PA      | $11083270.79  | 0.44%             | 2051-10-01      | 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        |  16250000 | PA      | $17116536.13  | 0.69%             | 2050-01-01      | 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        |  16650000 | PA      | $17412816.42  | 0.70%             | 2055-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528VDW6<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |  13185000 | PA      | $13876440.71  | 0.56%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JTG3<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7719189.75   | 0.31%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KHB2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  13970000 | PA      | $14387899.73  | 0.58%             | 2054-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QTZ6<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7559687.25   | 0.30%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sabine-Neches Navigation District                                                | SABINE-NECHES NAV DIST TX                                    | CUSIP: 78532EAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10380295.00  | 0.42%             | 2052-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of El Paso TX Water & Sewer Revenue                                         | EL PASO TX WTR & SWR REVENUE                                 | CUSIP: 283822WK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10229693.00  | 0.41%             | 2052-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QV83<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20254220.00  | 0.81%             | 2050-10-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                  | CUSIP: 25477GYN9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10428571.00  | 0.42%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE         | CUSIP: 650028C68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20500000 | PA      | $20979076.80  | 0.84%             | 2059-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp/TN                                                                 | TENNERGY CORP TN GAS REVENUE                                 | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   7435000 | PA      | $7954389.77   | 0.32%             | 2053-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJECT REVENUE  | CUSIP: 88044TAL3<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   6360000 | PA      | $6827142.00   | 0.27%             | 2052-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Terrell TX                                                               | TERRELL TX SPL ASSMNT REVENUE                                | CUSIP: 881435AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3855000 | PA      | $3920457.51   | 0.16%             | 2055-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Texas Community Housing & Economic Development Corp                              | TEXAS CMNTY HSG & ECON DEV CORP RSDL DEV REVENUE             | CUSIP: 88231CAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4935000 | PA      | $4592964.03   | 0.18%             | 2065-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp III                                | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP III GAS SPLY REVEN  | CUSIP: 88256HBH0<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1633621.20   | 0.07%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS ST WTR DEV BRD                                         | CUSIP: 8828544U3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3215000 | PA      | $3127489.31   | 0.13%             | 2045-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS WTR DEV BRD REVENUE                                    | CUSIP: 88285AKD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12100000 | PA      | $12130844.11  | 0.49%             | 2055-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Three Rivers Community Development District                                      | THREE RIVERS CDD FL                                          | CUSIP: 88563MAP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3660000 | PA      | $3602251.06   | 0.14%             | 2056-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp/RI                                             | TOBACCO SETTLEMENT FING CORP RI                              | CUSIP: 888809AH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6280000 | PA      | $912790.46    | 0.04%             | 2052-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp/VA                                             | TOBACCO SETTLEMENT FING CORP VA                              | CUSIP: 88880NAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9850000 | PA      | $8004092.27   | 0.32%             | 2046-06-01      | Fixed         | 6.71%                 | No            |                  2 | On Loan: No      |
| Tolomato Community Development District                                          | TOLOMATO FL CDD                                              | CUSIP: 889560EY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $94849.44     | 0.00%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tradition Community Development District No 9                                    | TRADITION CDD #9 FL SPL ASSMNT                               | CUSIP: 89269NAF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $558956.48    | 0.02%             | 2045-05-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Tradition Community Development District No 9                                    | TRADITION CDD #9 FL SPL ASSMNT                               | CUSIP: 89269NAG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $775406.95    | 0.03%             | 2056-05-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Trout Creek Community Development District                                       | TROUT CREEK CDD FL CAPITAL IMPT REVENUE                      | CUSIP: 897188AF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $685046.53    | 0.03%             | 2038-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Trout Creek Community Development District                                       | TROUT CREEK CDD FL CAPITAL IMPT REVENUE                      | CUSIP: 897188AG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1696310.56   | 0.07%             | 2049-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TSASC Inc/NY                                                                     | TSASC INC NY                                                 | CUSIP: 898526FR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1466450.54   | 0.06%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                | TULSA CNTY OK INDL AUTH SENIOR LIVING CMNTY REVENUE          | CUSIP: 899530AY5<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1067124.77   | 0.04%             | 2037-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tulsa Municipal Airport Trust Trustees/OK                                        | TULSA OK MUNI ARPT TRUST TRUSTEES                            | CUSIP: 899661EK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1261509.73   | 0.05%             | 2035-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tulsa Municipal Airport Trust Trustees/OK                                        | TULSA OK MUNI ARPT TRUST TRUSTEES                            | CUSIP: 899661EN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6420000 | PA      | $7213969.75   | 0.29%             | 2040-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Tuscaloosa County Industrial Development Authority                               | TUSCALOOSA CNTY AL INDL DEV AUTH GULF OPPORTUNITY ZONE       | CUSIP: 90068FAZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1116699.85   | 0.04%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Two Rivers West Community Development District                                   | TWO RIVERS WEST CDD FL SPL ASSMNT                            | CUSIP: 90207HAJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $225228.45    | 0.01%             | 2031-05-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Two Rivers West Community Development District                                   | TWO RIVERS WEST CDD FL SPL ASSMNT                            | CUSIP: 90207HAK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $771232.35    | 0.03%             | 2044-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Two Rivers West Community Development District                                   | TWO RIVERS WEST CDD FL SPL ASSMNT                            | CUSIP: 90207HAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    895000 | PA      | $911978.42    | 0.04%             | 2054-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Ulster County Capital Resource Corp                                              | ULSTER CNTY NY CAPITAL RESOURCE CORP REVENUE                 | CUSIP: 903768AH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2505110.50   | 0.10%             | 2059-09-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| County of Utah UT                                                                | UTAH CNTY UT HOSP REVENUE                                    | CUSIP: 917393DC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $693624.97    | 0.03%             | 2050-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH ST HSG CORP                                             | CUSIP: 91743PCN3<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    515757 | PA      | $516943.64    | 0.02%             | 2048-11-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH ST HSG CORP                                             | CUSIP: 91743PCP8<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    789357 | PA      | $794498.66    | 0.03%             | 2048-12-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH ST HSG CORP                                             | CUSIP: 91743PCQ6<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    970273 | PA      | $972363.17    | 0.04%             | 2049-01-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH ST HSG CORP                                             | CUSIP: 91743PCR4<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   1541878 | PA      | $1546550.66   | 0.06%             | 2049-02-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH ST HSG CORP                                             | CUSIP: 91743PCS2<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    747764 | PA      | $749923.38    | 0.03%             | 2049-03-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH ST HSG CORP                                             | CUSIP: 91743PCT0<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   1628568 | PA      | $1633188.08   | 0.07%             | 2049-04-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH ST HSG CORP                                             | CUSIP: 91743PCU7<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   1068004 | PA      | $1070992.66   | 0.04%             | 2049-05-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH ST HSG CORP                                             | CUSIP: 91743PCV5<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   1886207 | PA      | $1891323.30   | 0.08%             | 2049-06-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH ST HSG CORP                                             | CUSIP: 91743PCW3<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   1225783 | PA      | $1229107.52   | 0.05%             | 2049-07-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH ST HSG CORP                                             | CUSIP: 91743PCX1<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   1023886 | PA      | $1026637.99   | 0.04%             | 2049-08-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                       | UTAH INFRASTRUCTURE AGY TELECOMUNICATION REVENUE             | CUSIP: 917467DB5<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |    460000 | PA      | $480490.29    | 0.02%             | 2044-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                       | UTAH INFRASTRUCTURE AGY TELECOMUNICATION REVENUE             | CUSIP: 917467DC3<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |    435000 | PA      | $445065.47    | 0.02%             | 2048-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                            | UTAH ST CHRT SCH FIN AUTH CHRT SCH REVENUE                   | CUSIP: 91754TH30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1087361.75   | 0.04%             | 2052-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Valparaiso IN                                                            | VALPARAISO IN EXEMPT FACS REVENUE                            | CUSIP: 92028RAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $658403.18    | 0.03%             | 2034-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 14                                     | VLG FL CDD #14 SPL ASSMNT REVENUE                            | CUSIP: 92708JAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3155000 | PA      | $3273696.15   | 0.13%             | 2042-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 14                                     | VLG FL CDD #14 SPL ASSMNT REVENUE                            | CUSIP: 92708JAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2355000 | PA      | $2390979.69   | 0.10%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 16                                     | VLG CDD #16 FL SPL ASSMNT REVENUE                            | CUSIP: 92708MAE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4900000 | PA      | $4865125.23   | 0.19%             | 2056-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                             | VIRGINIA BEACH VA DEV AUTH RSDL CARE FAC REVENUE             | CUSIP: 92774NBB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1976933.16   | 0.08%             | 2053-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                             | VIRGINIA BEACH VA DEV AUTH RSDL CARE FAC REVENUE             | CUSIP: 92774NBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1097531.75   | 0.04%             | 2029-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth University Health System Authority                         | VIRGINIA ST CMWLTH UNIV HLTH SYS AUTH REVENUE                | CUSIP: 92778LDK3<br>LEI: 07ROV40HIZGU2Q6OXJ58 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2224196.25   | 0.09%             | 2054-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vivid Shores Community Development District                                      | VIVID SHORES CMNTY DEV DIST FL SPL ASSMNT                    | CUSIP: 92853QAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1695845.37   | 0.07%             | 2056-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Volusia County Educational Facility Authority                                    | VOLUSIA CNTY FL EDUCTNL FAC AUTH                             | CUSIP: 928836NY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2680000 | PA      | $2728949.13   | 0.11%             | 2049-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington Economic Development Finance Authority                                | WASHINGTON ST ECON DEV FIN AUTH PORT REVENUE                 | CUSIP: 93975XAA1<br>LEI: 549300TQ7IXFA28IYO51 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4033448.80   | 0.16%             | 2045-12-01      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Washington Economic Development Finance Authority                                | WASHINGTON ST ECON DEV FIN AUTH ENVRNMNYL FACS REVENUE       | CUSIP: 93975YAH4<br>LEI: 549300TQ7IXFA28IYO51 | Long             | DBT              | MUN               | US        |   3470000 | PA      | $3574779.08   | 0.14%             | 2040-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783Q66<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    920000 | PA      | $944321.30    | 0.04%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783Q74<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    620000 | PA      | $617627.82    | 0.02%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783SP2<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    265000 | PA      | $265112.92    | 0.01%             | 2035-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783SQ0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    940000 | PA      | $939907.22    | 0.04%             | 2045-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783U20<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    300000 | PA      | $306215.52    | 0.01%             | 2059-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783U53<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    720000 | PA      | $696593.38    | 0.03%             | 2053-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783U61<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    585000 | PA      | $569944.67    | 0.02%             | 2059-01-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783U87<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2830000 | PA      | $2830891.45   | 0.11%             | 2029-07-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783VW3<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1897172.20   | 0.08%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783Z41<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   6300000 | PA      | $6315702.75   | 0.25%             | 2056-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT REVENUE           | CUSIP: 93978LGG5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1067479.79   | 0.04%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978T4M8<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   3128287 | PA      | $2989345.18   | 0.12%             | 2037-04-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Waters' Edge Metropolitan District No 2                                          | WATERS EDGE MET DIST #2 CO                                   | CUSIP: 94184VAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2595000 | PA      | $2402883.33   | 0.10%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                   | WAYNE CNTY MI ARPT AUTH REVENUE                              | CUSIP: 944514H76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4575000 | PA      | $4821520.67   | 0.19%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TIMBERHP BY GO LAB INC                                                           | TIMBERHP BY GO LAB INC                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    751302 | NS      | $1720481.58   | 0.07%             |  |  |  | No            |                  3 | On Loan: No      |
| West Villages Improvement District                                               | W VLGS FL IMPT DIST                                          | CUSIP: 956454BJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $891450.06    | 0.04%             | 2039-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| West Villages Improvement District                                               | W VLGS FL IMPT DIST                                          | CUSIP: 956454BK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1383487.67   | 0.06%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Villages Improvement District                                               | W VLGS FL IMPT DIST                                          | CUSIP: 956454CL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $503789.91    | 0.02%             | 2044-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| West Villages Improvement District                                               | W VLGS FL IMPT DIST                                          | CUSIP: 956454CM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $354551.99    | 0.01%             | 2054-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                                        | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                   | CUSIP: 95737TES1<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3353201.94   | 0.13%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                                        | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                   | CUSIP: 95737TET9<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   2205000 | PA      | $2093443.32   | 0.08%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westchester Tobacco Asset Securitization Corp                                    | WESTCHESTER NY TOBACCO ASSET SECURITIZATION                  | CUSIP: 957480BS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $548511.98    | 0.02%             | 2042-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Westchester Tobacco Asset Securitization Corp                                    | WESTCHESTER NY TOBACCO ASSET SECURITIZATION                  | CUSIP: 957480BU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1708778.40   | 0.07%             | 2051-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Westcreek Metropolitan District No 2                                             | WESTCREEK MET DIST #2 CO                                     | CUSIP: 95752TAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    778000 | PA      | $765055.32    | 0.03%             | 2048-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Westside Haines City Community Development District                              | WESTSIDE HAINES CITY CDD SPL ASSMNT                          | CUSIP: 96150AAG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $653132.22    | 0.03%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                                        | BlackRock Liquidity Funds: MuniCash, Institutional Shares    | CUSIP: 09248U841<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        | 129222900 | NS      | $129235822.39 | 5.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Town of Whitestown IN                                                            | WHITESTOWN IN ECON DEV REVENUE                               | CUSIP: 966095AV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1980000 | PA      | $1959740.84   | 0.08%             | 2050-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Windward at Lakewood Ranch Community Development District                        | WINDWARD AT LAKEWOOD RANCH CDD FL CAPITAL IMPT               | CUSIP: 97382EAK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $759717.45    | 0.03%             | 2052-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JED1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2540000 | PA      | $2125232.99   | 0.09%             | 2047-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JJE4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1416933.10   | 0.06%             | 2054-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Wood Ranch Public Infrastructure District                                        | WOOD RANCH PUB INFRASTRUCTURE DIST UT SPL ASSMNT             | CUSIP: 97850AAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465327 | PA      | $468292.76    | 0.02%             | 2053-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BRIGHTLINE WEST EQ WARRANTS                                                      | BRIGHTLINE WEST EQ WARRANTS                                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |    381780 | NS      | $763560.00    | 0.03%             |  |  |  | No            |                  3 | On Loan: No      |

### Signature

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

**Name of Applicant:** BlackRock ETF Trust II

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer