# EDGAR Filing Document

**Accession Number:** 0000879569
**File Stem:** 0001193125-25-292323
**Filing Date:** 2025-11
**Character Count:** 120762
**Document Hash:** 184fc2643057b0db60c3cd0dfbde34e6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-292323.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0001193125-25-292323

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes Fixed Income Securities, Inc.
- **CENTRAL INDEX KEY:** 0000879569

**ORGANIZATION NAME:**
- **EIN:** 251668690
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06447
- **FILM NUMBER:** 251509900

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561
- **BUSINESS PHONE:** 8003417400

**MAIL ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED FIXED INCOME SECURITIES INC
- **DATE OF NAME CHANGE:** 20200616

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED HERMES FIXED INCOME SECURITIES INC
- **DATE OF NAME CHANGE:** 20200615

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED FIXED INCOME SECURITIES INC
- **DATE OF NAME CHANGE:** 20000810

## Series and Classes Contracts Data

### Federated Hermes Municipal Ultrashort Fund (Series ID: S000009738)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000026755 | Class A Shares       | FMUUX           |
| C000026756 | Institutional Shares | FMUSX           |
| C000212354 | Class R6 Shares      | FMULX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Federated Hermes Fixed Income Securities, Inc.

- **b. Investment Company Act file number:** 811-06447

- **c. CIK number of Registrant:** 0000879569

- **d. LEI of Registrant:** 254900OYMR6KVQBBZ575

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

  - **Street Address 1:** Federated Hermes Funds

  - **City:** Warrendale

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 15086-7561

  - **Telephone number:** 8003417400

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

- **a. Name of Series:** Federated Hermes Municipal Ultrashort Fund

- **b. EDGAR series identifier (if any):** S000009738

- **c. LEI of Series:** 6ZXTUV90KY21QB935D74

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1387159123.66

**Total Liabilities:** $31817170.67

**Net Assets:** $1355341952.99

**Delayed Delivery Securities:** $20914085.00

**Cash Not Reported:** $30555.06

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -8582.334624400000 | **1-Year:** -63528.038228300000 | **5-Year:** -60249.006519300000 | **10-Year:** -69578.643506600000 | **30-Year:** -95555.611328100000

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

- **3-Month:** -1909.587289300000 | **1-Year:** -5215.520300200000 | **5-Year:** -2223.266472300000 | **10-Year:** -645.883083300000 | **30-Year:** -450.295940400000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000026755 | 0.33%                | 0.34%                | 0.24%                |
| Class ID C000026756 | 0.34%                | 0.35%                | 0.25%                |
| Class ID C000212354 | 0.45%                | 0.35%                | 0.25%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-0.04                   | $1415818.88                                |
| Month 2  | $0.03                    | $1352697.65                                |
| Month 3  | $0.00                    | $94548.00                                  |

### Schedule of Portfolio Investments

| Name                                                         | Title                                                                            | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | California Municipal Finance Authority                                           | CUSIP: 13048RAJ6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  11500000 | PA      | $11500000.00  | 0.85%             | 2041-07-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| TENDER OPTION BOND TRUST RECEI                               | Tender Option Bond Trust Receipts/Certificates                                   | CUSIP: 88035GT24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2260000 | PA      | $2260000.00   | 0.17%             | 2026-03-01      | Variable      | 3.17%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                  | State of Illinois                                                                | CUSIP: 452153GB9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3560469.50   | 0.26%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH REVENUE                                    | North Texas Tollway Authority                                                    | CUSIP: 66285WM60<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7543599.00   | 0.56%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWVILLE NY CENTRL SCH DIST                                  | Lowville Academy Central School District                                         | CUSIP: 548837DL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5028852.50   | 0.37%             | 2026-06-26      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL AREA HSG FIN CORP TX                                 | Capital Area Housing Finance Corp                                                | CUSIP: 139726CZ4<br>LEI: 549300XICE1XLI0VXV87 | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6300658.75   | 0.46%             | 2029-09-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH WT                               | New Jersey Economic Development Authority                                        | CUSIP: 645780FS1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3080036.31   | 0.23%             | 2025-12-01      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| MEADE CNTY KY INDL BLDG REVENU                               | County of Meade KY                                                               | CUSIP: 583022AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3795000 | PA      | $3795000.00   | 0.28%             | 2061-08-01      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| NORFOLK VA REDEV & HSG AUTH MF                               | Norfolk Redevelopment & Housing Authority                                        | CUSIP: 655904BX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5560843.75   | 0.41%             | 2043-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                  | State of Illinois                                                                | CUSIP: 452153GC7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5198937.50   | 0.38%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING                                | Pennsylvania Economic Development Financing Authority                            | CUSIP: 708692BV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6750000 | PA      | $6746926.73   | 0.50%             | 2049-04-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA                               | Main Street Natural Gas Inc                                                      | CUSIP: 56035DDH2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   6495000 | PA      | $6631563.22   | 0.49%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MEADE CNTY KY INDL BLDG REVENUE                              | County of Meade KY                                                               | CUSIP: 583022AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7800000 | PA      | $7800000.00   | 0.58%             | 2060-07-01      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ INDL DEV AUTH MF HS                               | Industrial Development Authority of the City of Phoenix Arizona/The              | CUSIP: 718903RU3<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009767.50   | 0.07%             | 2027-12-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL                                | Connecticut State Health & Educational Facilities Authority                      | CUSIP: 20775DUY6<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2997793.50   | 0.22%             | 2057-07-01      | Variable      | 2.80%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA SWR REVENUE                                     | County of King WA Sewer Revenue                                                  | CUSIP: 495290EF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4949012.50   | 0.37%             | 2040-01-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV                               | Colorado Health Facilities Authority                                             | CUSIP: 19648FVM3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5963708.40   | 0.44%             | 2061-05-15      | Variable      | 3.44%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH                               | Kentucky Public Energy Authority                                                 | CUSIP: 74440DFJ8<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    450000 | PA      | $471425.94    | 0.03%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ELEC & GAS REVE                               | City of San Antonio TX Electric & Gas Systems Revenue                            | CUSIP: 79625GFV0<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   3370000 | PA      | $3369580.10   | 0.25%             | 2048-02-01      | Variable      | 3.76%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST POLL CONTROL FIN AUTH SOL WST DISP REVENUE     | California Pollution Control Financing Authority                                 | CUSIP: 130536RL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2499864.00   | 0.18%             | 2042-11-01      | Floating      | 3.85%                 | Yes           |                  2 | On Loan: No      |
| PEMBROKE NY CENTRL SCH DIST                                  | Pembroke Central School District                                                 | CUSIP: 706427CV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001731.60   | 0.15%             | 2025-12-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL INDL DEV AU                               | Miami-Dade County Industrial Development Authority                               | CUSIP: 59333GAL2<br>LEI: 549300RM19LZY32DAU30 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000861.20   | 0.30%             | 2041-11-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH                               | Kentucky Public Energy Authority                                                 | CUSIP: 74440DFK5<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056020.90   | 0.08%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                  | State of Illinois                                                                | CUSIP: 452153JH3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013476.30   | 0.07%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REVENUE                                  | City of Houston TX Airport System Revenue                                        | CUSIP: 442349JC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1947790.47   | 0.14%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE ST HLTH & EDU FA                               | New Hampshire Health and Education Facilities Authority Act                      | CUSIP: 64461XKA2<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2514582.75   | 0.19%             | 2038-06-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST OFFSHORE TERMINAL                               | Louisiana Offshore Terminal Authority                                            | CUSIP: 546510FV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8000000.00   | 0.59%             | 2037-10-01      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH                               | Kentucky Public Energy Authority                                                 | CUSIP: 74440DFG4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    320000 | PA      | $329667.04    | 0.02%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAMDEN CNTY NJ IMPT AUTH MF RE                               | Camden County Improvement Authority/The                                          | CUSIP: 13281RAF0<br>LEI: 549300UTQBT9ZE0QFB15 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4032373.20   | 0.30%             | 2027-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| FARMINGTON NM POLL CONTROL REV                               | City of Farmington NM                                                            | CUSIP: 311450GE4<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4065844.00   | 0.30%             | 2040-06-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE                                   | Port of Seattle WA                                                               | CUSIP: 7353893K2<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3298739.14   | 0.24%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER OH PORT AUTH GAS REV                               | Lancaster Port Authority                                                         | CUSIP: 514401BN7<br>LEI: 5493007EGWLFDZJFF129 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3222144.60   | 0.24%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALG                               | Black Belt Energy Gas District                                                   | CUSIP: 09182RAR2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5016699.00   | 0.37%             | 2049-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST HLTH FACS AUTH                                    | Arizona Health Facilities Authority                                              | CUSIP: 040507QQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $629948.59    | 0.05%             | 2046-01-01      | Variable      | 3.14%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH                               | Kentucky Public Energy Authority                                                 | CUSIP: 74440DFH2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    750000 | PA      | $779743.88    | 0.06%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX HSG TRUST PUBLI                               | San Antonio Housing Trust Public Facility Corp                                   | CUSIP: 79626VAF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4526946.45   | 0.33%             | 2029-07-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| MET NASHVILLE TN ARPT AUTH ARP                               | Metropolitan Nashville Airport Authority/The                                     | CUSIP: 592190NT5<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1898781.66   | 0.14%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST HSG CORP MF HSG R                               | Louisiana Housing Corp                                                           | CUSIP: 54627CBW2<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2613493.22   | 0.19%             | 2027-08-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A                               | City of Los Angeles Department of Airports                                       | CUSIP: 5444457L7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057122.30   | 0.08%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING                                | Pennsylvania Economic Development Financing Authority                            | CUSIP: 708692BT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8501939.70   | 0.63%             | 2041-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHOE CNTY NV GAS & WTR FACS                                | County of Washoe NV                                                              | CUSIP: 940797AN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010434.50   | 0.07%             | 2036-03-01      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| KNOXVILLE TN CMNTY DEV CORP MF                               | Knoxville's Community Development Corp                                           | CUSIP: 499743CT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $703568.39    | 0.05%             | 2027-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| CHANDLER AZ INDL DEV AUTH INDL                               | Chandler Industrial Development Authority                                        | CUSIP: 158862CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2552179.00   | 0.19%             | 2049-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST OFFSHORE TERMINAL                               | Louisiana Offshore Terminal Authority                                            | CUSIP: 546510FW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2516401.50   | 0.19%             | 2037-10-01      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| JOHNSON CITY TN HLTH & EDUCTNL                               | Johnson City Health & Educational Facilities Board                               | CUSIP: 47827TAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3024481.50   | 0.22%             | 2027-12-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | New Jersey Higher Education Student Assistance Authority                         | CUSIP: 646080YZ8<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6063739.20   | 0.45%             | 2056-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH REVENUE                                  | Indiana Finance Authority                                                        | CUSIP: 45506EDH3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   5895000 | PA      | $5845252.10   | 0.43%             | 2039-03-01      | Variable      | 3.19%                 | No            |                  2 | On Loan: No      |
| TEXAS ST AFFORDABLE HSG CORP M                               | Texas State Affordable Housing Corp                                              | CUSIP: 88271FFQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2126000 | PA      | $2126569.56   | 0.16%             | 2043-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NV POLL CONTROL REV                               | County of Clark NV                                                               | CUSIP: 181008BE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004952.80   | 0.15%             | 2036-01-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE                                 | Michigan Finance Authority                                                       | CUSIP: 59447T3W1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3125000 | PA      | $3115355.31   | 0.23%             | 2047-04-15      | Variable      | 3.64%                 | No            |                  2 | On Loan: No      |
| WISE CNTY VA INDL DEV AUTH SOL                               | Wise County Industrial Development Authority                                     | CUSIP: 977228AF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6341655.63   | 0.47%             | 2040-11-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| DELAWARE VLY PA REGL FIN AUTH                                | Delaware Valley Regional Finance Authority                                       | CUSIP: 246579LL8<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $14978967.00  | 1.11%             | 2057-03-01      | Variable      | 3.28%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE                                   | Port of Seattle WA                                                               | CUSIP: 7353893L0<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   4100000 | PA      | $4429831.88   | 0.33%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHOE CNTY NV WTR FAC REVENUE                               | County of Washoe NV                                                              | CUSIP: 940865BJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010434.50   | 0.07%             | 2036-03-01      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| WOODBURY MN HSG & REDEV AUTH M                               | WOODBURY HSNG & REDEV                                                            | CUSIP: 97914AAE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2615433.34   | 0.19%             | 2046-02-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST POLL CONTROL FIN AUTH SOL WST DISP REVENUE     | California Pollution Control Financing Authority                                 | CUSIP: 130536RN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9992738.00   | 0.74%             | 2043-07-01      | Floating      | 3.80%                 | Yes           |                  2 | On Loan: No      |
| RIB FLOATER TRUST                                            | Rib Floater Trust Various States                                                 | CUSIP: 76252PSF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.74%             | 2041-11-01      | Floating      | 3.34%                 | Yes           |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF HSG REV                               | Ohio Housing Finance Agency                                                      | CUSIP: 676900XC2<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3745765.67   | 0.28%             | 2027-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| DOVER NJ                                                     | Town of Dover NJ                                                                 | CUSIP: 260237LX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4501782.00   | 0.33%             | 2026-01-21      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UTAH ST HSG CORP MF REVENUE                                  | Utah Housing Corp                                                                | CUSIP: 917434DM1<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7990426.40   | 0.59%             | 2046-04-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA                               | Main Street Natural Gas Inc                                                      | CUSIP: 56035DHA3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    700000 | PA      | $731347.68    | 0.05%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A                               | Metropolitan Washington Airports Authority Aviation Revenue                      | CUSIP: 592647JV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4705000 | PA      | $4801428.50   | 0.35%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARGYLE TX INDEP SCH DIST                                     | Argyle Independent School District                                               | CUSIP: 040319X34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9600000 | PA      | $9982584.96   | 0.74%             | 2057-08-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP REVENUE                                         | State of Ohio                                                                    | CUSIP: 67756CFG8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8500000.00   | 0.63%             | 2049-01-15      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| KNOXVILLE TN CMNTY DEV CORP MF                               | Knoxville's Community Development Corp                                           | CUSIP: 499743CS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1756846.35   | 0.13%             | 2027-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH MF HS                               | Arizona Industrial Development Authority                                         | CUSIP: 04062PCA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011408.80   | 0.07%             | 2045-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | California Municipal Finance Authority                                           | CUSIP: 13048RAF4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  13200000 | PA      | $13205883.24  | 0.97%             | 2044-12-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| NUVEEN AMT FREE MUNI CREDIT IN                               | Nuveen AMT-Free Municipal Credit Income Fund                                     | CUSIP: 67071L825<br>LEI: 549300LBMO1C0IG71T03 | Long             | DBT              | MUN               | US        |  17600000 | PA      | $17600000.00  | 1.30%             | 2029-03-01      | Variable      | 3.34%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI                               | Washington State Housing Finance Commission                                      | CUSIP: 93978PPU5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   4801000 | PA      | $4860691.79   | 0.36%             | 2043-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST TRANSPRTN COMMISSION                                | Central Texas Turnpike System                                                    | CUSIP: 88283KBQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4318572.80   | 0.32%             | 2042-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST ECON DEV AUTH                               | West Virginia Economic Development Authority                                     | CUSIP: 95648VBW8<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4302061.68   | 0.32%             | 2042-12-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL                                | Black Belt Energy Gas District                                                   | CUSIP: 09182TFW2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2246306.79   | 0.17%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND                | Nuveen AMT-Free Quality Municipal Income Fund                                    | CUSIP: 670657774<br>LEI: 549300OTYQOOXS64NI63 | Long             | DBT              | MUN               | US        |  16350000 | PA      | $16350000.00  | 1.21%             | 2029-03-01      | Floating      | 3.34%                 | No            |                  2 | On Loan: No      |
| DUNELLEN NJ                                                  | Borough of Dunellen NJ                                                           | CUSIP: 265417BM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4001800 | PA      | $4008064.02   | 0.30%             | 2026-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| APPLING CNTY GA DEV AUTH                                     | Development Authority of Appling County                                          | CUSIP: 038315EF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7600000 | PA      | $7600000.00   | 0.56%             | 2029-09-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST A & M UNIV REVENUES                                 | Texas A&M University                                                             | CUSIP: 88213ATE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2535851.25   | 0.19%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST HLTH FACS AUTH                                    | Arizona Health Facilities Authority                                              | CUSIP: 040507QS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $89963.87     | 0.01%             | 2046-01-01      | Variable      | 3.14%                 | No            |                  2 | On Loan: No      |
| BOLIVAR-RICHBURG NY CENTRL SCH DIST                          | Bolivar-Richburg Central School District                                         | CUSIP: 097649FL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5017859.50   | 0.37%             | 2026-06-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BK SPEARS/LIFERS TR  VAR STS                        | Deutsche Bank Spears/Lifers Trust                                                | CUSIP: 25156SEB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  28250000 | PA      | $28250000.00  | 2.08%             | 2044-11-01      | Floating      | 3.54%                 | Yes           |                  2 | On Loan: No      |
| PORT OF PORT ARTHUR TX NAV DIST                              | Port of Port Arthur Navigation District                                          | CUSIP: 735220AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  31100000 | PA      | $31100000.00  | 2.29%             | 2040-11-01      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST HSG CORP MF REVENU                               | Kentucky Housing Corp                                                            | CUSIP: 49131CAA0<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |   7795000 | PA      | $7859151.29   | 0.58%             | 2043-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST HSG DEV AUTH MF HS                               | Illinois Housing Development Authority                                           | CUSIP: 45203LEL3<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2012509.80   | 0.15%             | 2027-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSION TX ECON DEV CORP SOL WST DISP REVENUE                | Mission Economic Development Corp                                                | CUSIP: 605155BM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2499681.50   | 0.18%             | 2026-01-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| EAGLE MOUNTAIN & SAGINAW TX IN                               | Eagle Mountain & Saginaw Independent School District                             | CUSIP: 269696SK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4298060.34   | 0.32%             | 2050-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| ECTOR CNTY TX INDEP SCH DIST                                 | Ector County Independent School District                                         | CUSIP: 279263SF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20478172.00  | 1.51%             | 2049-08-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| APPLING CNTY GA DEV AUTH                                     | Development Authority of Appling County                                          | CUSIP: 038315EV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1400000.00   | 0.10%             | 2041-09-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| BOERNE TX INDEP SCH DIST                                     | Boerne Independent School District                                               | CUSIP: 097067NQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1540704.00   | 0.11%             | 2054-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA                               | Chicago O'Hare International Airport                                             | CUSIP: 167593Z21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3518937.45   | 0.26%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA TN HLTH EDUCTNL &H                               | Chattanooga Health Educational & Housing Facility Board                          | CUSIP: 162404DT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2534498.25   | 0.19%             | 2048-06-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY HSG DEV CORP                                | New York City Housing Development Corp                                           | CUSIP: 64972KDQ5<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7623020.25   | 0.56%             | 2064-05-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| ARKANSAS ST DEV FIN AUTH MF HS                               | Arkansas Development Finance Authority                                           | CUSIP: 041080JT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3533122.60   | 0.26%             | 2027-12-01      | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| ARGYLE TX INDEP SCH DIST                                     | Argyle Independent School District                                               | CUSIP: 040319X26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5645710.95   | 0.42%             | 2057-08-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| COCONINO CNTY AZ POLL CONTROLC                               | Coconino County Pollution Control Corp                                           | CUSIP: 191855BM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002476.40   | 0.07%             | 2039-03-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R                               | Massachusetts Development Finance Agency                                         | CUSIP: 57584YPF0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3249776.73   | 0.24%             | 2049-07-01      | Variable      | 3.49%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES         | JPMorgan Chase Putters/Drivers Trust                                             | CUSIP: 46640KB94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3400000.00   | 0.25%             | 2026-01-28      | Floating      | 4.17%                 | Yes           |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL                                | Black Belt Energy Gas District                                                   | CUSIP: 09182TFV4<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1876741.76   | 0.14%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A                               | South Carolina Public Service Authority                                          | CUSIP: 8371515X3<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4108105.60   | 0.30%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST HLTH FACS AUTH                                    | Arizona Health Facilities Authority                                              | CUSIP: 040507QT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3780000 | PA      | $3752948.05   | 0.28%             | 2046-01-01      | Variable      | 3.14%                 | No            |                  2 | On Loan: No      |
| BROWARD CNTY FL HSG FIN AUTH M                               | Broward County Housing Finance Authority                                         | CUSIP: 115027QZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3500037.80   | 0.26%             | 2041-04-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES         | JPMorgan Chase Putters/Drivers Trust                                             | CUSIP: 46640KYX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $10500000.00  | 0.77%             | 2027-06-01      | Floating      | 4.17%                 | Yes           |                  2 | On Loan: No      |
| OHIO ST HOSP REVENUE                                         | State of Ohio                                                                    | CUSIP: 67756CFW3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2488515.50   | 0.18%             | 2052-01-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY GA DEV AUTH POLL C                               | Development Authority of Monroe County/The                                       | CUSIP: 610530FY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1756742.40   | 0.13%             | 2048-10-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| KNOXVILLE TN CMNTY DEV CORP MF                               | Knoxville's Community Development Corp                                           | CUSIP: 499743CQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5019836.50   | 0.37%             | 2027-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| SALMON RIVER NY CENTRL SCH DIS                               | Salmon River Central School District                                             | CUSIP: 795472LB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9010595.70   | 0.66%             | 2026-06-26      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO PLANNED INDL EX                               | Kansas City Planned Industrial Expansion Authority                               | CUSIP: 48507MAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6300000 | PA      | $6456769.20   | 0.48%             | 2045-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| EFFINGHAM CNTY GA INDL DEV AUT                               | Effingham County Industrial Development Authority                                | CUSIP: 28209RAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11970000 | PA      | $11970000.00  | 0.88%             | 2038-02-01      | Variable      | 3.68%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI                               | Dallas Fort Worth International Airport                                          | CUSIP: 23503CFK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13500000 | PA      | $14297692.05  | 1.05%             | 2050-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| RURAL WTR FING AGY KY PUBLIC P                               | Rural Water Financing Agency                                                     | CUSIP: 781741JR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4973053.50   | 0.37%             | 2028-05-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH POLL CO                               | Development Authority of Burke County/The                                        | CUSIP: 121342QL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3017613.60   | 0.22%             | 2053-11-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| TEXAS ST DEPT OF HSG & CMNTY A                               | Texas Department of Housing & Community Affairs                                  | CUSIP: 88275AEU0<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3768192.75   | 0.28%             | 2029-09-01      | Variable      | 3.05%                 | No            |                  2 | On Loan: No      |
| EAGLE MOUNTAIN & SAGINAW TX IN                               | Eagle Mountain & Saginaw Independent School District                             | CUSIP: 269696SJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50000.00     | 0.00%             | 2050-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MEMPHIS TN HLTH EDUCTNL & HSG                                | Health Educational and Housing Facility Board of the City of Memphis/the         | CUSIP: 586169GE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4546245.60   | 0.34%             | 2027-12-01      | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP REVENUE                                         | State of Ohio                                                                    | CUSIP: 67756CCC0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   6295000 | PA      | $6295000.00   | 0.46%             | 2045-01-15      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| FLORIDA LOC GOVT FIN COMMISSIO                               | Florida Local Government Finance Commission                                      | CUSIP: 34077UAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5034762.00   | 0.37%             | 2030-11-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA TN HLTH EDUCTNL &H                               | Chattanooga Health Educational & Housing Facility Board                          | CUSIP: 162404DS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003638.20   | 0.15%             | 2043-12-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| FORT BEND TX INDEP SCH DIST                                  | Fort Bend Independent School District                                            | CUSIP: 346843VT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12280172.40  | 0.91%             | 2054-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CUMBERLAND CNTY NC INDL FACS & POLL CONTROL FING AUTH SOL WS | Cumberland County Industrial Facilities & Pollution Control Financing Authority  | CUSIP: 230589AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10001453.00  | 0.74%             | 2027-12-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH REVENUE                                     | Iowa Finance Authority                                                           | CUSIP: 46247SBP8<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3425135.70   | 0.25%             | 2056-05-15      | Variable      | 3.48%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE-MECKLENBURG NC HOSPA                               | Charlotte-Mecklenburg Hospital Authority/The                                     | CUSIP: 160853VG9<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3992025.20   | 0.29%             | 2048-01-15      | Variable      | 0.80%                 | No            |                  2 | On Loan: No      |
| FRANKLIN TN HLTH & EDUCTNL FAC                               | FRANKLIN HLTH & 3.6 11/29                                                        | CUSIP: 354737AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1517496.60   | 0.11%             | 2029-11-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| DIRECTOR OF THE ST OF NEVADA D                               | State of Nevada Department of Business & Industry                                | CUSIP: 25459JAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2799587.00   | 0.21%             | 2026-12-01      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| OAKFIELD-ALABAMA NY CENTRL SCH DIST                          | Oakfield-Alabama Central School District                                         | CUSIP: 672138HL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2975000 | PA      | $2987906.44   | 0.22%             | 2026-07-08      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST ECON DEV AUTH                               | West Virginia Economic Development Authority                                     | CUSIP: 95648VBY4<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4028671.60   | 0.30%             | 2041-01-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| RIDGEFIELD PARK NJ                                           | Village of Ridgefield Park NJ                                                    | CUSIP: 765871ES3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002082.00   | 0.15%             | 2026-04-02      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER/RESIDUAL TRUST                                | Mizuho Floater/Residual Trust                                                    | CUSIP: 60700HJC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1700000.00   | 0.13%             | 2034-05-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH HLTH SYS R                               | Indiana Finance Authority                                                        | CUSIP: 45470YGD7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2157190.60   | 0.16%             | 2064-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HSG OPTIONS INC TX MF REVENUE                                | Housing Options Inc/TX                                                           | CUSIP: 44183TAM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6103368.00   | 0.45%             | 2045-11-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| HARRISONBURG VA REDEV & HSG AU                               | Harrisonburg Redevelopment & Housing Authority                                   | CUSIP: 415690NX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1176262.66   | 0.09%             | 2027-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP REVENUE                                         | State of Ohio                                                                    | CUSIP: 67756CFH6<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   8315000 | PA      | $8315000.00   | 0.61%             | 2051-01-15      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH POLL CO                               | Development Authority of Burke County/The                                        | CUSIP: 121342QM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5750000 | PA      | $5870646.50   | 0.43%             | 2032-10-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA TN HLTH EDUCTNL &H                               | Chattanooga Health Educational & Housing Facility Board                          | CUSIP: 162404DR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2020801.00   | 0.15%             | 2029-12-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY GA DEV AUTH POLL C                               | Development Authority of Monroe County/The                                       | CUSIP: 610530FW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3513484.80   | 0.26%             | 2043-04-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| BELFAST NY CENTRL SCH DIST                                   | Belfast Central School District/NY                                               | CUSIP: 077680DA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2012796.20   | 0.15%             | 2026-06-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VENICE FL                                                    | City of Venice FL                                                                | CUSIP: 922687AH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $902865.33    | 0.07%             | 2030-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL MF HSG REVENUE                                    | City of Chicago IL                                                               | CUSIP: 167570TV2<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1504726.35   | 0.11%             | 2027-08-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST SALES TAX REVENUE                                | State of Illinois Sales Tax Revenue                                              | CUSIP: 452227UX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3109013.40   | 0.23%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST HSG DEV AUTH MF HS                               | Illinois Housing Development Authority                                           | CUSIP: 45203LEM1<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2183863.91   | 0.16%             | 2027-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                               | California Infrastructure & Economic Development Bank                            | CUSIP: 13034AN48<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   6750000 | PA      | $6722048.93   | 0.50%             | 2050-12-01      | Variable      | 3.59%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO ST MUNI ENERGY ACQU                               | New Mexico Municipal Energy Acquisition Authority                                | CUSIP: 647207BL2<br>LEI: 549300KZGG2YNDKKCE92 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2153647.40   | 0.16%             | 2054-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX CULTURAL EDU FA                               | Harris County Cultural Education Facilities Finance Corp                         | CUSIP: 414009RU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2750679.53   | 0.20%             | 2049-07-01      | Variable      | 3.74%                 | No            |                  2 | On Loan: No      |
| VIRGINIA BEACH VA DEV AUTH RSD                               | Virginia Beach Development Authority                                             | CUSIP: 92774NBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2019632.60   | 0.15%             | 2029-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY GA DEV AUTH POLL C                               | Development Authority of Monroe County/The                                       | CUSIP: 610530ED5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11600000 | PA      | $11600000.00  | 0.86%             | 2032-04-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IN LOCAL PUBLIC I                               | Indianapolis Local Public Improvement Bond Bank                                  | CUSIP: 45528VFU8<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063654.80   | 0.08%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST                                            | Rib Floater Trust Various States                                                 | CUSIP: 76252PSA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.74%             | 2040-12-01      | Floating      | 3.24%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST ECON DEV AUTH                               | West Virginia Economic Development Authority                                     | CUSIP: 95648VBS7<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   8750000 | PA      | $8893585.75   | 0.66%             | 2040-03-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| MOBILE AL INDL DEV BRD POLL CO                               | Industrial Development Board of the City of Mobile Alabama                       | CUSIP: 607167EA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4060545.20   | 0.30%             | 2034-06-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA HSG AUTH AFFORDAB                               | King County Housing Authority                                                    | CUSIP: 49477AAA6<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4019848.40   | 0.30%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH ARLINGTON NJ                                           | Borough of North Arlington NJ                                                    | CUSIP: 657254MW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2478000 | PA      | $2483968.26   | 0.18%             | 2026-07-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SAINT JAMES PARISH LA REVENUE                                | Parish of St James LA                                                            | CUSIP: 790103AZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1503781.80   | 0.11%             | 2041-08-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| MESQUITE TX HSG FIN CORP                                     | Mesquite Housing Finance Corp/The                                                | CUSIP: 590746AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5022350.50   | 0.37%             | 2029-08-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| WARSAW NY CENTRL SCH DIST                                    | Warsaw Central School District/NY                                                | CUSIP: 936466EN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10050263.00  | 0.74%             | 2026-06-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA HSG FIN AGY COLLATERALIZED REVENUE BONDS            | OKLAHOMA HSG FIN AG 3.35                                                         | CUSIP: 67886UAR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010628.80   | 0.15%             | 2027-12-01      | Floating      | 3.35%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH POLL CO                               | Development Authority of Burke County/The                                        | CUSIP: 121342QK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5030769.00   | 0.37%             | 2048-11-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| BEACH HAVEN NJ                                               | Borough of Beach Haven NJ                                                        | CUSIP: 073347EL6<br>LEI: 549300Y82Z4LXPF4YX04 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5054763.50   | 0.37%             | 2026-04-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST HSG FIN & DE                               | South Carolina State Housing Finance & Development Authority                     | CUSIP: 83712EHY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7225000 | PA      | $7218888.37   | 0.53%             | 2029-04-01      | Variable      | 2.80%                 | No            |                  2 | On Loan: No      |
| CUYAHOGA OH MET HSG AUTH MF HS                               | Cuyahoga Metropolitan Housing Authority                                          | CUSIP: 23239TAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4350000 | PA      | $4361123.82   | 0.32%             | 2027-12-01      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| NORTH EAST TX INDEP SCH DIST                                 | North East Independent School District/TX                                        | CUSIP: 659155QL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5181930.99   | 0.38%             | 2049-08-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY NY INDL DEV AGY MF                               | Monroe County Industrial Development Corp                                        | CUSIP: 61075NAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2072675.60   | 0.15%             | 2028-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION&                               | Texas Municipal Gas Acquisition & Supply Corp III                                | CUSIP: 88256HBB3<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2551544.75   | 0.19%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRL BRADFORD PROGRESS AUTHP                               | Central Bradford Progress Authority                                              | CUSIP: 152691BE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6410000 | PA      | $6410000.00   | 0.47%             | 2041-12-01      | Variable      | 3.53%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA HSG FIN AGY COLLATERA                               | Oklahoma Housing Finance Agency                                                  | CUSIP: 67886UAS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1252701.75   | 0.09%             | 2042-10-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BK SPEARS/LIFERS TR  VAR STS                        | Deutsche Bank Spears/Lifers Trust                                                | CUSIP: 25156SDT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7200000 | PA      | $7200000.00   | 0.53%             | 2029-12-01      | Floating      | 3.54%                 | Yes           |                  2 | On Loan: No      |
| TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | Tender Option Bond Trust Receipts/Certificates                                   | CUSIP: 88035E5E9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9640000 | PA      | $9640000.00   | 0.71%             | 2027-07-01      | Floating      | 4.20%                 | Yes           |                  2 | On Loan: No      |
| OKLAHOMA ST DEV FIN AUTH HLTHS                               | Oklahoma Development Finance Authority                                           | CUSIP: 67884XCU9<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   7125000 | PA      | $7125000.00   | 0.53%             | 2031-08-15      | Variable      | 3.53%                 | No            |                  2 | On Loan: No      |
| DENTON TX INDEP SCH DIST                                     | Denton Independent School District                                               | CUSIP: 249002NL6<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5329768.50   | 0.39%             | 2055-08-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF HSG REV                               | Ohio Housing Finance Agency                                                      | CUSIP: 676900XK4<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3724184.68   | 0.27%             | 2028-03-01      | Variable      | 3.37%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI POLL CONTRO                               | Pactiv Evergreen Group Issuer Inc/Pactiv Evergreen Group Issuer LLC              | CUSIP: 74447HAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7520788.50   | 0.55%             | 2046-10-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| RURAL WTR FING AGY KY PUBLIC P                               | Rural Water Financing Agency                                                     | CUSIP: 781741AD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3251723.48   | 0.24%             | 2025-11-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH MF HS                               | Michigan State Housing Development Authority                                     | CUSIP: 59465FAF7<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3495635.50   | 0.26%             | 2029-05-01      | Variable      | 2.92%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA                               | Main Street Natural Gas Inc                                                      | CUSIP: 56035DGW6<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    350000 | PA      | $352452.56    | 0.03%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NUVEEN NY AMT FREE QUALITY MUN 05/47 1                       | Nuveen New York AMT-Free Quality Municipal Income Fund                           | CUSIP: 670656867<br>LEI: 549300V4X2BF3UXSCQ58 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.15%             | 2047-05-01      | Variable      | 3.34%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA                               | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712JHF3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7600908.00   | 0.56%             | 2027-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ALACHUA CNTY FL HLTH FACS AUTH                               | Alachua County Health Facilities Authority                                       | CUSIP: 010684BQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1394196.13   | 0.10%             | 2030-10-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A                               | Metropolitan Washington Airports Authority Aviation Revenue                      | CUSIP: 592647NK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1238995.67   | 0.09%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HSG & MTGE FIN A                               | New Jersey Housing & Mortgage Finance Agency                                     | CUSIP: 646127FM7<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   3170000 | PA      | $3176726.74   | 0.23%             | 2026-02-01      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| E-470 CO PUBLIC HIGHWAY AUTH                                 | E-470 Public Highway Authority                                                   | CUSIP: 26822LMX9<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2494675.25   | 0.18%             | 2039-09-01      | Variable      | 3.54%                 | No            |                  2 | On Loan: No      |
| NUVEEN CA AMT-FREE QUALITY MUNI INCOME FUND                  | Nuveen California AMT-Free Quality Municipal Income Fund                         | CUSIP: 670651868<br>LEI: 5493005SR7RRUAG9VK19 | Long             | DBT              | MUN               | US        |  16400000 | PA      | $16400000.00  | 1.21%             | 2047-10-01      | Floating      | 3.34%                 | Yes           |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA                               | Main Street Natural Gas Inc                                                      | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2706025.00   | 0.20%             | 2054-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST PUBLIC UTILITIES C                               | Missouri Public Utilities Commission                                             | CUSIP: 606374AT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10027476.00  | 0.74%             | 2026-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX HSG FIN CORP MF HSG                               | Houston Housing Finance Corp                                                     | CUSIP: 442396EN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3740692.97   | 0.28%             | 2048-02-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| ROCKPORT IN POLL CONTROL REVEN                               | City of Rockport IN                                                              | CUSIP: 773835BY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4105351.20   | 0.30%             | 2047-06-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HSG FIN AUTH MF HS                               | Colorado Housing and Finance Authority                                           | CUSIP: 19647PDN0<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3108938.85   | 0.23%             | 2043-11-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| PORT OF PORT ARTHUR TX NAV DIS                               | Port of Port Arthur Navigation District                                          | CUSIP: 735220AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14500000 | PA      | $14500000.00  | 1.07%             | 2027-12-01      | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| PORT OF PORT ARTHUR TX NAV DIST                              | Port of Port Arthur Navigation District                                          | CUSIP: 735220AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  60850000 | PA      | $60850000.00  | 4.49%             | 2040-11-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| SHERRILL NY CITY SCH DIST                                    | Sherrill City School District                                                    | CUSIP: 824263KX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3513555.15   | 0.26%             | 2026-06-18      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A                               | Metropolitan Washington Airports Authority Aviation Revenue                      | CUSIP: 592647NL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1376067.47   | 0.10%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL HSG FIN AUTH MF HS                               | Lee County Housing Finance Authority                                             | CUSIP: 52349HBK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4017771.60   | 0.30%             | 2029-10-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| FORT BEND TX INDEP SCH DIST                                  | Fort Bend Independent School District                                            | CUSIP: 346843WS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5640812.10   | 0.42%             | 2055-08-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST                                            | Rib Floater Trust Various States                                                 | CUSIP: 76252PH85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3135000 | PA      | $3135000.00   | 0.23%             | 2050-07-01      | Variable      | 3.29%                 | No            |                  2 | On Loan: No      |
| NORTHSIDE TX INDEP SCH DIST                                  | Northside Independent School District                                            | CUSIP: 66702RK92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6415000 | PA      | $6483714.91   | 0.48%             | 2054-08-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| SEATTLE WA MUNI LIGHT & PWR RE                               | City of Seattle WA Municipal Light & Power Revenue                               | CUSIP: 812643WU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9250000 | PA      | $9167758.25   | 0.68%             | 2045-05-01      | Variable      | 3.14%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | California Municipal Finance Authority                                           | CUSIP: 13048RAN7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $11998839.60  | 0.89%             | 2041-11-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH                               | Kentucky Public Energy Authority                                                 | CUSIP: 74440DFE9<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252986.28    | 0.02%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALDEN VLG NY                                                 | Village of Alden NY                                                              | CUSIP: 014325BM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3505000 | PA      | $3510672.49   | 0.26%             | 2026-09-03      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA                               | Main Street Natural Gas Inc                                                      | CUSIP: 56035DDS8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001089.70   | 0.07%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA                               | Main Street Natural Gas Inc                                                      | CUSIP: 56035DGY2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    400000 | PA      | $410345.24    | 0.03%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BAY AREA CA TOLL AUTH TOLL BRI                               | Bay Area Toll Authority                                                          | CUSIP: 072024XA5<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $8954280.00   | 0.66%             | 2056-04-01      | Variable      | 3.34%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL SWR REVENUE                                | County of Jefferson AL Sewer Revenue                                             | CUSIP: 472682YW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1308175.50   | 0.10%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISA VA INDL DEV AUTH POLL C                               | Louisa Industrial Development Authority                                          | CUSIP: 546068AZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1513630.20   | 0.11%             | 2035-11-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| DICKSON TN HLTH EDUCTNL & HSG                                | Dickson Health & Educational Facilities Board/TN                                 | CUSIP: 253514AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4260635.20   | 0.31%             | 2028-04-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| WATERTOWN NY ENLARGED CITY SCH                               | Watertown Enlarged City School District                                          | CUSIP: 942116AV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000191.40   | 0.15%             | 2025-10-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA                               | Main Street Natural Gas Inc                                                      | CUSIP: 56035DKA9<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1599186.60   | 0.12%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA                               | Main Street Natural Gas Inc                                                      | CUSIP: 56035DGZ9<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    425000 | PA      | $440155.97    | 0.03%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE                                   | Port of Seattle WA                                                               | CUSIP: 7353893M8<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3294190.80   | 0.24%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STAMFORD CT HSG AUTH                                         | Stamford Housing Authority                                                       | CUSIP: 852640AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2025939.80   | 0.15%             | 2030-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH                               | Kentucky Public Energy Authority                                                 | CUSIP: 74440DFF6<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    600000 | PA      | $613062.00    | 0.05%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX                                                   | City of Houston TX                                                               | CUSIP: 442332CR1<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    925000 | PA      | $979574.35    | 0.07%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RURAL WTR FING AGY KY PUBLIC P                               | Rural Water Financing Agency                                                     | CUSIP: 781741AV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4968053.00   | 0.37%             | 2027-05-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL SWR REVENUE                                | County of Jefferson AL Sewer Revenue                                             | CUSIP: 472682YV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1790037.73   | 0.13%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NUVEEN AMT FREE MUNI CREDIT IN                               | Nuveen AMT-Free Municipal Credit Income Fund                                     | CUSIP: 67071L791<br>LEI: 549300LBMO1C0IG71T03 | Long             | DBT              | MUN               | US        |  13800000 | PA      | $13800000.00  | 1.02%             | 2031-12-01      | Variable      | 3.34%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF HSG REV                               | Ohio Housing Finance Agency                                                      | CUSIP: 676900XE8<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   2735000 | PA      | $2729381.22   | 0.20%             | 2045-06-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF HSG REV                               | Ohio Housing Finance Agency                                                      | CUSIP: 676900WC3<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   2665000 | PA      | $2673178.35   | 0.20%             | 2026-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HSG & MTGE FIN A                               | New Jersey Housing & Mortgage Finance Agency                                     | CUSIP: 646127FL9<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   2665000 | PA      | $2669244.55   | 0.20%             | 2026-12-01      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| TENDER OPTION BOND TRUST RECEI                               | Tender Option Bond Trust Receipts/Certificates                                   | CUSIP: 88035PHF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  24300000 | PA      | $24300000.00  | 1.79%             | 2026-05-01      | Variable      | 3.29%                 | No            |                  2 | On Loan: No      |
| BAY AREA CA TOLL AUTH TOLL BRI                               | Bay Area Toll Authority                                                          | CUSIP: 072024XT4<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6860249.90   | 0.51%             | 2056-04-01      | Variable      | 3.19%                 | No            |                  2 | On Loan: No      |
| S MIAMI FL HLTH FACS AUTH                                    | City Of South Miami Health Facilities Authority Inc                              | CUSIP: 838810EM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2197926.20   | 0.16%             | 2065-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CUYAHOGA OH MET HSG AUTH MF HS                               | Cuyahoga Metropolitan Housing Authority                                          | CUSIP: 23239TAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4014333.20   | 0.30%             | 2027-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                  | State of Illinois                                                                | CUSIP: 452153JK6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2115002.60   | 0.16%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBUS GA HSG AUTH                                         | Columbus County Housing Authority                                                | CUSIP: 199123CM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2267998.65   | 0.17%             | 2028-11-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST DEV FIN AUTH SOL WST DISP REVENUE                | Illinois Development Finance Authority                                           | CUSIP: 451889AT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000645.90   | 0.22%             | 2044-11-01      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP SOL WS                               | Florida Development Finance Corp                                                 | CUSIP: 34061XAH5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499445.90   | 0.11%             | 2050-09-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| TEXAS HOME COLLABORATIVE                                     | Texas Home Collaborative                                                         | CUSIP: 88248CAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4009000 | PA      | $4042488.38   | 0.30%             | 2041-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BK SPEARS/LIFERS TR                                 | Deutsche Bank Spears/Lifers Trust                                                | CUSIP: 25156SJZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.37%             | 2030-05-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES         | JPMorgan Chase Putters/Drivers Trust                                             | CUSIP: 46640KYR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500000.00   | 0.11%             | 2027-03-20      | Floating      | 4.17%                 | Yes           |                  2 | On Loan: No      |
| HARRISONBURG VA REDEV & HSG AU                               | Harrisonburg Redevelopment & Housing Authority                                   | CUSIP: 415690NW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1670978.43   | 0.12%             | 2028-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL                                | Black Belt Energy Gas District                                                   | CUSIP: 09182TBC0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019410.30   | 0.08%             | 2053-04-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA                               | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712JGV9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4569880.95   | 0.34%             | 2054-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A                               | Metropolitan Washington Airports Authority Aviation Revenue                      | CUSIP: 592647NJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $573836.67    | 0.04%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW CANEY TX INDEP SCH DIST                                  | New Caney Independent School District                                            | CUSIP: 643154LB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7250000 | PA      | $7423337.35   | 0.55%             | 2050-02-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH                               | Maricopa County Industrial Development Authority                                 | CUSIP: 56682HDU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8086593.60   | 0.60%             | 2053-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CA HSG AUTH MF HSG R                               | San Diego Housing Authority Inc                                                  | CUSIP: 79728FLH2<br>LEI: 549300X9H1ODNOOT1Q87 | Long             | DBT              | MUN               | US        |   9300000 | PA      | $9467696.67   | 0.70%             | 2057-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IN LOCAL PUBLIC I                               | Indianapolis Local Public Improvement Bond Bank                                  | CUSIP: 45528VFT1<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3141159.00   | 0.23%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA                               | Main Street Natural Gas Inc                                                      | CUSIP: 56035DGX4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    265000 | PA      | $269329.86    | 0.02%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL                                | Black Belt Energy Gas District                                                   | CUSIP: 09182TAN7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  25500000 | PA      | $25175344.20  | 1.86%             | 2052-10-01      | Variable      | 3.24%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REVENUE                                | Michigan State Building Authority                                                | CUSIP: 594615HB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2100000.00   | 0.15%             | 2042-10-15      | Variable      | 2.99%                 | No            |                  2 | On Loan: No      |
| NORTHSIDE TX INDEP SCH DIST                                  | Northside Independent School District                                            | CUSIP: 66702RR79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6590438.40   | 0.49%             | 2050-06-01      | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A                               | Metropolitan Washington Airports Authority Aviation Revenue                      | CUSIP: 592647EC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1025597.37   | 0.08%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST                                            | Rib Floater Trust Various States                                                 | CUSIP: 76252PJ34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3205000 | PA      | $3205000.00   | 0.24%             | 2055-07-01      | Variable      | 3.29%                 | No            |                  2 | On Loan: No      |
| ASHEVILLE NC HSG AUTH                                        | Asheville Housing Authority                                                      | CUSIP: 044034CQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2950000 | PA      | $2955007.33   | 0.22%             | 2026-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX CULTURAL EDU FA                               | Harris County Cultural Education Facilities Finance Corp                         | CUSIP: 414008CX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.37%             | 2046-11-15      | Variable      | 3.39%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REVENUE                               | City of Salt Lake City UT Airport Revenue                                        | CUSIP: 795576MJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4087506.75   | 0.30%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL HSG FIN AUTH MF HS                               | Lee County Housing Finance Authority                                             | CUSIP: 52349HBH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2874580.97   | 0.21%             | 2042-12-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL SWR REVENUE                                | County of Jefferson AL Sewer Revenue                                             | CUSIP: 472682YU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1250000.00   | 0.09%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ INDL DEV AUTH SOL WST REVENUE                     | Industrial Development Authority of the City of Phoenix Arizona/The              | CUSIP: 71884RAA0<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3499459.60   | 0.26%             | 2035-12-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| MOBILE AL INDL DEV BRD POLL CO                               | Industrial Development Board of the City of Mobile Alabama                       | CUSIP: 607167DV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  25000000 | PA      | $25082847.50  | 1.85%             | 2034-06-01      | Variable      | 3.92%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON                                | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | CUSIP: 592113CD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3005543.70   | 0.22%             | 2048-02-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F                               | Tarrant County Cultural Education Facilities Finance Corp                        | CUSIP: 87638TJT1<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2700880.00   | 0.20%             | 2064-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT JOHN THE BAPTIST PARISH                                | Parish of St John the Baptist LA                                                 | CUSIP: 79020FAW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5547762.55   | 0.41%             | 2037-06-01      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BK SPEARS/LIFERS TR  VAR STS                        | Deutsche Bank Spears/Lifers Trust                                                | CUSIP: 25156SDW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13865000 | PA      | $13865000.00  | 1.02%             | 2045-10-01      | Floating      | 3.54%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | California Municipal Finance Authority                                           | CUSIP: 13048RAK3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $14993170.50  | 1.11%             | 2051-07-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| KNOXVILLE TN CMNTY DEV CORP MF                               | Knoxville's Community Development Corp                                           | CUSIP: 499743CX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3289858.98   | 0.24%             | 2029-12-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | Pennsylvania Economic Development Financing Authority                            | CUSIP: 708692BP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16500000 | PA      | $16500268.95  | 1.22%             | 2038-08-01      | Floating      | 3.88%                 | No            |                  2 | On Loan: No      |
| LONG ISLAND NY PWR AUTH ELEC S                               | Long Island Power Authority                                                      | CUSIP: 542691LD0<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5471605.15   | 0.40%             | 2055-09-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH POLL CO                               | Development Authority of Burke County/The                                        | CUSIP: 121342QE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3011558.40   | 0.22%             | 2032-10-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH                               | Kentucky Public Energy Authority                                                 | CUSIP: 74440DFD1<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    725000 | PA      | $727003.03    | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA HGR EDU BLDG                               | Allegheny County Higher Education Building Authority                             | CUSIP: 01729EKZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5482650.25   | 0.40%             | 2033-02-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| CUYAHOGA OH MET HSG AUTH MF HS                               | Cuyahoga Metropolitan Housing Authority                                          | CUSIP: 23239TAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3022725.00   | 0.22%             | 2028-02-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH ECON DEV REVENUE                         | Indiana Finance Authority                                                        | CUSIP: 45505RBN4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   5620000 | PA      | $5617480.55   | 0.41%             | 2028-05-01      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                  | State of Illinois                                                                | CUSIP: 452153JJ9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036106.00   | 0.08%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BINGHAMTON NY                                                | City of Binghamton NY                                                            | CUSIP: 0904912J9<br>LEI: 5493006D246GNK3OOC75 | Long             | DBT              | MUN               | US        |   8728000 | PA      | $8787599.15   | 0.65%             | 2026-04-10      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH ENVRNMNTL                                | Indiana Finance Authority                                                        | CUSIP: 455054AD8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |  18000000 | PA      | $18000000.00  | 1.33%             | 2030-08-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL HSG FIN AUTH MF HS                               | Lee County Housing Finance Authority                                             | CUSIP: 52349HBG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4036587.60   | 0.30%             | 2044-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX                                                   | City of Houston TX                                                               | CUSIP: 442332CP5<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009557.40   | 0.07%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP TN GAS REVENUE                                 | Tennergy Corp/TN                                                                 | CUSIP: 880397CJ1<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5356978.50   | 0.40%             | 2054-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Federated Hermes Fixed Income Securities, Inc.

**Signature:** Stephen Van Meter

**Name of Signer:** Federated Hermes Fixed Income Securities, Inc.

**Title:** Chief Compliance Officer