# EDGAR Filing Document

**Accession Number:** 0000035373
**File Stem:** 0001752724-23-034776
**Filing Date:** 2023-2
**Character Count:** 167978
**Document Hash:** bcd0cd2aae08d90b8cc4347f1e04a1a5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-034776.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-034776

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY MUNICIPAL TRUST
- **CENTRAL INDEX KEY:** 0000035373
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02628
- **FILM NUMBER:** 23656825

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MUNICIPAL BOND FUND/MA/
- **DATE OF NAME CHANGE:** 19860327

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY MUNICIPAL BOND FUND INC
- **DATE OF NAME CHANGE:** 19850503

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY MUNICIPAL BOND FUND LTD
- **DATE OF NAME CHANGE:** 19770201

## Series and Classes Contracts Data

### Fidelity Flex Conservative Income Municipal Bond Fund (Series ID: S000059246)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000194468 | Fidelity Flex Conservative Income Municipal Bond Fund | FUEMX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Municipal Trust

- **b. Investment Company Act file number:** 811-02628

- **c. CIK number of Registrant:** 0000035373

- **d. LEI of Registrant:** MC33ZH3HL1S8YN987650

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity Flex Conservative Income Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000059246

- **c. LEI of Series:** 54930075HJRZVG5XWY95

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $149476237.95

**Total Liabilities:** $351668.96

**Net Assets:** $149124568.99

**Cash Not Reported:** $5430659.84

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1106.41603150 | **1-Year:** 4039.14151700 | **5-Year:** 2394.91051150 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 1.19557200 | **1-Year:** 14.06515000 | **5-Year:** 7.24999000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000194468 | 0.17%                | 0.56%                | 0.22%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $29.48                   | $-15679.27                                 |
| Month 2  | $98.21                   | $540095.62                                 |
| Month 3  | $765.10                  | $8266.29                                   |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MIAMI-DADE CTY FL HLTH HSP REV                                                            | MIAMI-DADE HLTH 5% 8/1/2023                                                                                  | CUSIP: 59334NDF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $322954.91    | 0.22%             | 2023-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV                                       | NJ STUD LOAN 5% 12/1/2024 @                                                                                  | CUSIP: 646080RY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $175085.70    | 0.12%             | 2024-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | HI ARPT 2022-XM1055-INV Q=MO D7@                                                                             | CUSIP: 88035DK38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2300000.00   | 1.54%             | 2047-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ED LN AUTH ED LN                                                            | MA ED LN AUTH 5% 1/1/2025@                                                                                   | CUSIP: 57563RLJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $318430.76    | 0.21%             | 2025-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| COOK CNTY IL                                                                              | COOK CY IL 5% 11/15/2025                                                                                     | CUSIP: 213185MT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $268749.98    | 0.18%             | 2025-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SUSSEX CNTY VA INDL DEV AUTH                                                              | SUSSX VA IDA 2.40% MT@                                                                                       | CUSIP: 869279AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1994599.60   | 1.34%             | 2028-06-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | CA CMNTY CHOICE FIN AUTH 2022-XF3007-NUV Q=MO D7                                                             | CUSIP: 88035DDL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $700000.00    | 0.47%             | 2053-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| LONG BEACH CA HBR REV                                                                     | LG BCH CA HBR 5% 5/15/2024 @                                                                                 | CUSIP: 542424WG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $153515.12    | 0.10%             | 2024-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA REV                                                                       | PORT SEATTLE WA 5% 2/1/25                                                                                    | CUSIP: 735389YK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $125118.22    | 0.08%             | 2025-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT AUTH NY and NJ                                                                       | PORT NY NJ 5% 10/15/2023 AMT                                                                                 | CUSIP: 73358WUR3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101038.49    | 0.07%             | 2023-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| INDIANA ST DEV FIN AU SOL WST                                                             | IN ST DFA SW 2.95% 10/1/2031 MT @                                                                            | CUSIP: 454906AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175330.07    | 0.12%             | 2031-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUT                                                            | NEW JERSEY ST TRANSN TR FD TRANSN SYS-SER A FGIC                                                             | CUSIP: 646135Z97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106173.90    | 0.07%             | 2025-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| COOK CNTY IL                                                                              | COOK CY IL 4% 11/15/2023                                                                                     | CUSIP: 213185MA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75390.50     | 0.05%             | 2023-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST DEPT TRANSN CONS                                                              | MD DOT CONS TRN 5% 12/1/2024 Q                                                                               | CUSIP: 574204T60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26092.02     | 0.02%             | 2024-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PTY and BLDGS COMMN                                                           | KY ST PROP 5% 11/1/2023                                                                                      | CUSIP: 49151FNN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $686237.94    | 0.46%             | 2023-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH and EDL FACS AUTH REVENUE                                           | CONN ST HEALTH 1.1% MT                                                                                       | CUSIP: 20775DFJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $299187.57    | 0.20%             | 2048-07-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| GUAM POWER AUTH.                                                                          | GUAM POWER AUTH 5% 10/1/2023 Q                                                                               | CUSIP: 400653JN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $85780.77     | 0.06%             | 2023-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | N CENTRAL TX MFH WAXAHACHIE APTS 2021-XF1099-RSZ DB/DB D7                                                    | CUSIP: 88034XUG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100000.00   | 0.74%             | 2061-02-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                                                                            | CT ST GO 22A 1/15/23                                                                                         | CUSIP: 20772KPD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $339987.39    | 0.23%             | 2023-01-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA REV                                                                       | PORT SEATTLE 5% 8/1/2025 @                                                                                   | CUSIP: 735389T73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $156127.35    | 0.10%             | 2025-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CENTRAL FLORIDA EXPRESSWAY AUTHORITY                                                      | O and O FL EXPWY 5% 07/01/2023                                                                               | CUSIP: 686543UL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100888.66    | 0.07%             | 2023-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | CO ST COMMONSPIRIT HLTH 2022-XM1061-ALL Q=JPMC BK D                                                          | CUSIP: 88035DU37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.20%             | 2052-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP REV                                                                          | OHIO ST HOSP RE 2013 B V7                                                                                    | CUSIP: 67756CCB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.27%             | 2033-01-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH REV                                                                     | MI FIN AUTH 5% 10/1/2024                                                                                     | CUSIP: 59447PK42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $106590.58    | 0.07%             | 2024-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA REV                                                                       | PORT SEATTLE 5% 8/1/2024                                                                                     | CUSIP: 735389T65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $163785.52    | 0.11%             | 2024-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST                                                                               | MI ST 5% 3/15/23                                                                                             | CUSIP: 594612DE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100412.71    | 0.07%             | 2023-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | OH ST MFH MUSICIANS TWRS 2020-XF1092-ARC DB/DB D7                                                            | CUSIP: 88034W4L5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.20%             | 2060-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| OHIO ST TPK COMMN TPK REV                                                                 | OH TPK 5% 2/15/2025Q                                                                                         | CUSIP: 67760HNM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $110007.00    | 0.07%             | 2025-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | HILLSBOROUGH FL TAMPA INTL AIRPORT 2022-XL0290-NUV Q=DB D7@                                                  | CUSIP: 88035A8N4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.34%             | 2052-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH NY RV                                                            | NY MTA TRANSP 5% 11/15/2023                                                                                  | CUSIP: 59261ANC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $395031.66    | 0.26%             | 2023-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ST CLOUD MINN HEALTH CARE RV                                                              | ST CLOUD_MN HLT 5% 5/1/2023                                                                                  | CUSIP: 78916VCY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $206100.85    | 0.14%             | 2023-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV                                       | NJ STUD LOAN 5% 12/1/2023 @                                                                                  | CUSIP: 646080RX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101361.01    | 0.07%             | 2023-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | GREENVLE SC HSP 2015 XF0145 D7                                                                               | CUSIP: 88033LVQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.13%             | 2039-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NJ ST HSG and MTG FIN AGY MFR                                                             | NJ ST HMFA MF1 .50% 11/1/2023                                                                                | CUSIP: 646108U24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $87981.19     | 0.06%             | 2023-11-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | MA ED LN AUTH 2016 XF2306 D7@                                                                                | CUSIP: 88033SMP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.07%             | 2033-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT ARPTS REV                                                             | LA CA AIRPT 5% 5/15/2023@                                                                                    | CUSIP: 544445DZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251422.20    | 0.17%             | 2023-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | LA HSG GALILEE SR MFH 2022-XF1121-RSZ DB/DB D7                                                               | CUSIP: 88034YKS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.20%             | 2062-09-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FIN CORP NJ                                                            | NJ TOBACCO 5% 06/01/23                                                                                       | CUSIP: 888808GY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $301544.40    | 0.20%             | 2023-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CITIZENS PPTY INS CORP FL                                                                 | CITIZENS PPTY 5% 06/01/2025                                                                                  | CUSIP: 176553HB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103197.50    | 0.07%             | 2025-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV                                            | KENTUCKY INC KY 4% 4/1/2048 MT                                                                               | CUSIP: 74440DAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $204639.98    | 0.14%             | 2048-04-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | STATE OF ILLINO 5% 3/1/2023                                                                                  | CUSIP: 452153AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70149.19     | 0.05%             | 2023-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTH TX TWY AUTH REV                                                                     | NORTH TX TOLL 5% 1/1/2026                                                                                    | CUSIP: 66285WE77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $68788.34     | 0.05%             | 2026-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | CA HFA REV 2022-MIZ9097 MZ/MZ D7                                                                             | CUSIP: 60700HMD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.13%             | 2062-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ST JOHN BAPTIST PARISH LA REV                                                             | ST JOHN BAP REV 2% MT                                                                                        | CUSIP: 79020FAW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99382.45     | 0.07%             | 2037-06-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV                                       | NJ STUD LOAN 5% 12/1/2025 @                                                                                  | CUSIP: 646080WH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $260022.95    | 0.17%             | 2025-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DEV AUTH STUDENT HSG REV                                            | CA STWD STUDENT 4% 5/15/2023                                                                                 | CUSIP: 13078RHH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100247.32    | 0.07%             | 2023-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BROWARD CO FL ARPT                                                                        | BROW CO FL ARPT 5% 10/1/2023                                                                                 | CUSIP: 114894NG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135189.84    | 0.09%             | 2023-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX CULTURAL ED FACS FIN CORP REV                                              | HARRIS TX CED 5% MT                                                                                          | CUSIP: 414009MN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $211785.58    | 0.14%             | 2049-07-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE NC ARPT REV                                                                     | CHARLOTTE NC APT 5% 7/1/23@                                                                                  | CUSIP: 161036MP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $131041.01    | 0.09%             | 2023-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                                                                            | CT ST 5% 3/15/24                                                                                             | CUSIP: 20772JV25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $205125.78    | 0.14%             | 2024-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL AIRPORT                                                                       | LEE FL AIRPORT 5% 10/1/2024                                                                                  | CUSIP: 523470GC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56169.50     | 0.04%             | 2024-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH and EDL FACS AUTH REV                                                 | WISCONSIN ST HT 5% 7/1/23                                                                                    | CUSIP: 97712DXB7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100859.35    | 0.07%             | 2023-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ CVC IMP CRP APR REV                                                            | PHX CVC APT REV 5% 7/1/2024                                                                                  | CUSIP: 71883MMH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $231995.57    | 0.16%             | 2024-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                                     | IL FIN SER A 5% 11/15/24                                                                                     | CUSIP: 45203HN40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103533.84    | 0.07%             | 2024-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH SOLID WASTE DISP REV                                              | CA SOLID WASTE REPUBLIC SEVICES 21A MT@                                                                      | CUSIP: 13048RAJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $399914.92    | 0.27%             | 2041-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA REV                                                                       | PORT SEATTLE 5% 8/1/2024 @                                                                                   | CUSIP: 735389N87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $209850.20    | 0.14%             | 2024-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY CITY IDA REV                                                                  | NYC IDA 5% 1/1/2026                                                                                          | CUSIP: 64971PKU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36998.71     | 0.02%             | 2026-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUN PWR REV                                                                      | AMERICAN MUN OH 5% 2/15/2024                                                                                 | CUSIP: 02765UQT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $204038.44    | 0.14%             | 2024-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH DC ARPTS ATH                                                            | MTRO WA DC ARPT 5% 10/1/23 AMT                                                                               | CUSIP: 5926467D9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101021.13    | 0.07%             | 2023-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | DASNY NORTHWELL HEALTH 2022-XF1328-LA Q=JPMC BK D7                                                           | CUSIP: 88035AA84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.20%             | 2052-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | MET GOV NASH and DVDSN TN BRIARVILLE APTS 2020-XF1097-ARC DB/DB D7                                           | CUSIP: 88034XRP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.34%             | 2060-01-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH SOLID WASTE DISP REV                                              | CA SOLID WASTE REPUBLIC SEVICES 21B MT@                                                                      | CUSIP: 13048RAK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1299255.75   | 0.87%             | 2051-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH PCR                                                                | BURKE GA PCR 2.875% MT                                                                                       | CUSIP: 121342QD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $207214.20    | 0.14%             | 2049-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| RAILSPLITTER TOB SETTLEMENT AUTH ILL TOB SETTLEMENT REV                                   | RAILSPLITTER IL 5% 6/1/23                                                                                    | CUSIP: 75076PAV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $372712.36    | 0.25%             | 2023-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5.25% 12/1/2025                                                                               | CUSIP: 09182TBY2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     95000 | PA      | $98078.55     | 0.07%             | 2025-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ATRIUM HEALTH                                                                             | ATRIUM HEALTH 5% MT                                                                                          | CUSIP: 160853VF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $119268.97    | 0.08%             | 2050-01-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO MUN ENERGY ACQUISITION AUTH GAS SUPPLY REV                                     | NM GAS PREPAY 5% MT                                                                                          | CUSIP: 647207BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $153739.40    | 0.10%             | 2039-11-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| DIRECTOR ST NV DPT BUS and IND SOLID WASTE DISP REV                                       | NV SLD WST 1.875% 12/1/2026 @ MT                                                                             | CUSIP: 25459JAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $199590.82    | 0.13%             | 2026-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | UT MFH RIVER ROCK APT 2021-XF1100-ARC DB/DB D7                                                               | CUSIP: 88034XYY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.20%             | 2065-04-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH REV                                                                     | IL FIN 5% 11/15/23                                                                                           | CUSIP: 45203H4R0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $152315.96    | 0.10%             | 2023-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BROWARD CO FL ARPT                                                                        | BROW CO FL ARPT 5% 10/1/2023 @                                                                               | CUSIP: 114894XC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126322.25    | 0.08%             | 2023-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | NY MTA TRANS 2022-XF1355-NUV Q=JPMC BK D7                                                                    | CUSIP: 88035DDN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.27%             | 2043-11-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | UT HSG MF 2022-XF1138-ARC DB/DB D7                                                                           | CUSIP: 88035AU74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.07%             | 2065-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | GLENDALE AZ (SUN HLTH) BC22-014 BC/BC DR42                                                                   | CUSIP: 76252PTG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.20%             | 2054-11-15      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | EL PASO TX HSG FIN 2022-MIZ9104 MZ/MZ D35                                                                    | CUSIP: 60700HNE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.13%             | 2062-08-01      | Variable      | 0.04%                 | Yes           |                  2 | On Loan: No      |
| LAPEER MI CMNTY SCHS                                                                      | LAPEER MI CMNTY 5% 5/1/2025                                                                                  | CUSIP: 516598CH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $131580.58    | 0.09%             | 2025-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ED LN AUTH ED LN                                                            | MA ED LN AUTH 5% 7/1/2024 @                                                                                  | CUSIP: 57563RSV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30645.82     | 0.02%             | 2024-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ED LN AUTH ED LN                                                            | MA ED LN AUTH 5% 1/1/2024 AMT                                                                                | CUSIP: 57563RMH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $588184.09    | 0.39%             | 2024-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA REV                                                                       | PORT SEATTLE 5% 3/1/2024                                                                                     | CUSIP: 735389VG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102300.69    | 0.07%             | 2024-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WHITING IND ENVIRONMENTAL FACS                                                            | WHITING IN ENV 5% 3/1/2046 AMT                                                                               | CUSIP: 96634RAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200261.12    | 0.13%             | 2046-03-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST STAD AUTH BUILT LEARN REV                                                     | MARYLAND ST STA 5% 6/1/2024                                                                                  | CUSIP: 574294AZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $123366.36    | 0.08%             | 2024-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BARTOW CNTY GA DV AU POLLN CTL                                                            | BARTOW GA PCR 2.75% 3/15/23 MT                                                                               | CUSIP: 069643BJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1447151.33   | 0.97%             | 2032-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH DC ARPTS ATH                                                            | MTRO WA DC ARPT 5% 10/1/2024 AMT                                                                             | CUSIP: 5926466N8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $112919.36    | 0.08%             | 2024-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GEORGIA MUN ELEC AUTH PWR REV                                                             | GA MEAG 5% 1/1/2024                                                                                          | CUSIP: 6262074M3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $147329.61    | 0.10%             | 2024-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                                      | MICHIGAN FIN AU 5% 4/15/2025                                                                                 | CUSIP: 59447T3E1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $167422.22    | 0.11%             | 2025-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HSG FIN AGY SINGLE FAMILY MTG REV FOR ISSUES DATED PRIOR TO 12/20/2017 SEE 7 | PENNSYLVANIA H7 .40% 4/1/2023                                                                                | CUSIP: 70879QNZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $39715.32     | 0.03%             | 2023-04-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL MET WATER RECL DIST                                                            | CHICAGO MET WAT 5% 12/1/2023                                                                                 | CUSIP: 167560VL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $132283.96    | 0.09%             | 2023-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DIRCTR ST NEV DEPT BUS and INDUS                                                          | NV BRIGHTLINE WEST 20A MT@                                                                                   | CUSIP: 25457VBR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $399228.28    | 0.27%             | 2050-01-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | BALTIMORE MD OAK CREST VLG BC22-032 BC/BC D42                                                                | CUSIP: 76252PVZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.13%             | 2050-01-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| GENESEE COUNTY FUNDING CORP/THE                                                           | GENESEE COUNT 5% 12/1/2024                                                                                   | CUSIP: 371669AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $179615.05    | 0.12%             | 2024-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| COOK CNTY IL                                                                              | COOK CY IL 5% 11/15/2024                                                                                     | CUSIP: 213185MS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $361275.15    | 0.24%             | 2024-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MEADE CNTY KY INDL BLDG REV                                                               | MEADE CNTY KY NUCOR 20A1 V1@                                                                                 | CUSIP: 583022AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1300000.00   | 0.87%             | 2060-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| AUSTIN TEX AIRPORT SYS                                                                    | AUSTIN TX ARPT 5% 11/15/2024 @                                                                               | CUSIP: 052398GB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $128935.19    | 0.09%             | 2024-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | TX MFH NARROW APTS 2021-XF1131-ARC DB/DB D7                                                                  | CUSIP: 88034YP20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1200000.00   | 0.80%             | 2061-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | CHICAGO OHARE IL 2022-XM1038-MST AGM/JPMC BK D7@                                                             | CUSIP: 88035DSM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $800000.00    | 0.54%             | 2045-01-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STWD CMNTY DV AU RV                                                            | CA STWD 5% 3/1/2023                                                                                          | CUSIP: 13080SVS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $110288.49    | 0.07%             | 2023-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV                                            | MICHIGAN MT 2.50% 6/1/2025                                                                                   | CUSIP: 594654QN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $68883.70     | 0.05%             | 2025-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| NORTHERN MI UNIV REVS                                                                     | NO MICH UN REVS 5% 6/1/2023                                                                                  | CUSIP: 665398MW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $418347.18    | 0.28%             | 2023-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DENVER CO CITY and CNTY ARPT                                                              | DENVER CO ARPT 5% 11/15/2025 @                                                                               | CUSIP: 249182QA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $172557.12    | 0.12%             | 2025-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT ARPTS REV                                                             | LA CA AIRPT 5% 5/15/2023 AMT                                                                                 | CUSIP: 5444353X6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100568.88    | 0.07%             | 2023-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT AUTH NY and NJ                                                                       | PORT NY NJ 5% 9/15/25@                                                                                       | CUSIP: 73358WR55<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    145000 | PA      | $151033.16    | 0.10%             | 2025-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT PORTLAND OR ARPT REV                                                                 | PORTLND OR ARPT 5% 7/1/2024 @                                                                                | CUSIP: 735240V42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $306985.20    | 0.21%             | 2024-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | CA ST MFH KENSINGTON APTS 2022-MIZ9113 MZ/MZ D35                                                             | CUSIP: 60700HPB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.13%             | 2052-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL DEV REVS                                                    | PA THO JFFRSN U 17B RFLOAT7                                                                                  | CUSIP: 71781XCR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1450000.00   | 0.97%             | 2050-09-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| GENESEE COUNTY FUNDING CORP/THE                                                           | GENESEE COUNT 5% 12/1/2025                                                                                   | CUSIP: 371669AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $181917.82    | 0.12%             | 2025-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECON DEV SLD WST                                                             | PA EDFA SW 0% 4/1/2049 @ MT                                                                                  | CUSIP: 708692BV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $399771.00    | 0.27%             | 2049-04-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| ESCAMBIA CNTY FL POLL CTL REV                                                             | ESCAMBIA FL PCR 2.60% 6/1/2023                                                                               | CUSIP: 296130CG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99605.86     | 0.07%             | 2023-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5% 6/1/2024                                                                                   | CUSIP: 09182TBF3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     85000 | PA      | $86488.52     | 0.06%             | 2024-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | SC PUB SVC SANTEE COOPER 2021-XF1243-PUT Q=JPMC BK D7                                                        | CUSIP: 88034YQD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1495000.00   | 1.00%             | 2051-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | KANSAS CITY MO ARPT 2022-XL0336-INV Q=JPMC BK D7@                                                            | CUSIP: 88035DM69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.34%             | 2054-03-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HSG and EDA HSG REV                                                             | WI HSG EDA 0.61% MT                                                                                          | CUSIP: 9769042M3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $14278.89     | 0.01%             | 2042-11-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | IL HSG MFH 2016-XG0093-NUV DB/DB D7@                                                                         | CUSIP: 88033SQ31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.27%             | 2041-04-20      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE FLA SPL REV                                                                  | JACKSONVILLE F 5% 10/1/2024                                                                                  | CUSIP: 469487SZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36338.34     | 0.02%             | 2024-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP REV                                                                          | OHIO ST HOSP RE 2015B V7                                                                                     | CUSIP: 67756CCG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $900000.00    | 0.60%             | 2045-01-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTHRV                                                                       | ILLINOIS FN RV 5% 10/1/2023                                                                                  | CUSIP: 45204FQQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200729.52    | 0.13%             | 2023-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA AVIAT REV                                                             | MIAMI-DADE AVI 5% 10/1/2023                                                                                  | CUSIP: 59333PS58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $233364.23    | 0.16%             | 2023-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HSG FIN AGY SINGLE FAMILY MTG REV FOR ISSUES DATED PRIOR TO 12/20/2017 SEE 7 | PENNSYLVANIA H7 5% 4/1/2023 @                                                                                | CUSIP: 70879QMA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10025.97     | 0.01%             | 2023-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 3/1/2024                                                                                            | CUSIP: 452153DD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $233191.69    | 0.16%             | 2024-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 4% 3/1/2023                                                                                  | CUSIP: 56035DAH5<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200037.34    | 0.13%             | 2023-03-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5% 6/1/2025                                                                                   | CUSIP: 09182TBG1<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     90000 | PA      | $92810.55     | 0.06%             | 2025-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ENGY ACQ CRP GAS REV                                                            | TENN ENERGY ACQ 4% 05/01/48                                                                                  | CUSIP: 880443HZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300485.34    | 0.20%             | 2048-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| LEE MEM HEALTH SYS FL HOSP REV                                                            | LEE MEM HLTH RFLOAT V7                                                                                       | CUSIP: 52385LDS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1440000.00   | 0.97%             | 2049-04-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH RV                                                                      | ILLINOIS FIN AT 5% 2/15/24                                                                                   | CUSIP: 45204EFJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $107085.43    | 0.07%             | 2024-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL OHARE INTL ARPT REV                                                            | CHICAGO OHARE 5% 1/1/2024 AMT                                                                                | CUSIP: 167593QE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $456130.08    | 0.31%             | 2024-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECON DEV SLD WST                                                             | PA EDFA SW 8/1/45 MT@                                                                                        | CUSIP: 708692BG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $499978.05    | 0.34%             | 2045-08-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| OK DEV FIN AUTH HEALTH SYS REV                                                            | OK INTEGRIS HLTH 20B V7                                                                                      | CUSIP: 67884XCU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750000.00    | 0.50%             | 2031-08-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH DC ARPTS ATH                                                            | MTRO WA DC ARPT 5% 10/1/24@                                                                                  | CUSIP: 592647HD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $410615.84    | 0.28%             | 2024-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST SVC AUTH REV                                                            | SC PUB SVC 5% 12/1/2024                                                                                      | CUSIP: 837151ZB8<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    315000 | PA      | $325781.63    | 0.22%             | 2024-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV                                            | KENTUCKY INC KY 4% MT                                                                                        | CUSIP: 74440DCC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $148615.56    | 0.10%             | 2049-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUN PWR REV                                                                      | AMERICAN MUN OH 5% 2/15/2023                                                                                 | CUSIP: 02765UQS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200386.60    | 0.13%             | 2023-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | KY ST TPK ECON DEV 2017-XF2484-NUV Q=MO D7                                                                   | CUSIP: 88033YMS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.07%             | 2037-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PATRIOTS ENERGY GROUP FING AGYS C GAS SUPPLY REV                                          | PATRIOTS EN GRP 4% 10/1/2048 MT                                                                              | CUSIP: 70342PAK0<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |    545000 | PA      | $544518.82    | 0.37%             | 2048-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 11/1/2023                                                                                           | CUSIP: 452152P70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $202075.02    | 0.14%             | 2023-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSINCOME TAX REV                                               | NEW YORK ST D 5% 2/15/2023 ETM                                                                               | CUSIP: 64990FE59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $95212.73     | 0.06%             | 2023-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH DC ARPTS ATH                                                            | MTRO WA DC ARPT 5% 10/1/2024@                                                                                | CUSIP: 592647EA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102653.96    | 0.07%             | 2024-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BROWARD CO FL ARPT                                                                        | BROW CO FL ARPT 5% 10/1/2023 @                                                                               | CUSIP: 114894YY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101057.80    | 0.07%             | 2023-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | CHICAGO IL OHARE 2022-XX1243-INV Q=BC D7@                                                                    | CUSIP: 88035DZU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.27%             | 2053-01-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA HI ED BLD AU                                                            | ALLEG PA HI ED 5% 3/1/2023                                                                                   | CUSIP: 01728RNN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $626538.75    | 0.42%             | 2023-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH RE                                                                      | MICHIGAN FIN AU 5% 4/15/2026                                                                                 | CUSIP: 59447T3F8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $282610.20    | 0.19%             | 2026-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ED LN AUTH ED LN                                                            | MA ED LN AUTH 5% 7/1/2025@                                                                                   | CUSIP: 57563RPC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $82788.13     | 0.06%             | 2025-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ED LN AUTH ED LN                                                            | MA ED LN AUTH 5% 7/1/2025 @                                                                                  | CUSIP: 57563RSW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $67359.67     | 0.05%             | 2025-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HEFA EDL FACS REV                                                             | MO ST HLTH and ED 5% 6/1/2023                                                                                | CUSIP: 60637AGH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $236607.73    | 0.16%             | 2023-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | MT ST HSG MFH BOULEVARD APTS 2021-MIZ9062 MZ/MZ D35                                                          | CUSIP: 60700HHC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1110000.00   | 0.74%             | 2060-12-01      | Variable      | 0.04%                 | Yes           |                  2 | On Loan: No      |
| NEW JERSEY ECONOM DEV AUTH REV                                                            | NJ EDA REV 5% 11/1/2024                                                                                      | CUSIP: 64577BD84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $191047.47    | 0.13%             | 2024-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ELEC and GAS REV                                                           | SAN ANTONIO E and G SIFMA+87 MT                                                                              | CUSIP: 79625GFV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $455002.46    | 0.31%             | 2048-02-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FNG AUTH REV                                                       | CALIFORNIA HLTH 4% 3/1/2023                                                                                  | CUSIP: 13032UFW3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300247.59    | 0.20%             | 2023-03-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PTY and BLDGS COMMN                                                           | KY ST PROP 5% 5/1/23                                                                                         | CUSIP: 49151FYT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65410.57     | 0.04%             | 2023-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REV                                                                       | ATLANTA GA ARPT 5% 7/1/2024 @                                                                                | CUSIP: 04780MVE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102489.78    | 0.07%             | 2024-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY HEALTH CARE                                                                    | NJ HLTH CARE 5% 7/1/2023                                                                                     | CUSIP: 645790JH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $136173.31    | 0.09%             | 2023-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT AUTH WASH                                                              | WA TOBACCO 5% 6/1/2023                                                                                       | CUSIP: 88880MBG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $156266.49    | 0.10%             | 2023-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH and EDL FACS AUTH REV                                                 | WISCONSIN ST HT SER B2 5% MT                                                                                 | CUSIP: 97712DN51<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    110000 | PA      | $110108.80    | 0.07%             | 2054-08-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HEALTH and EDL BLDG CORP HIGHER ED FAC REV                                   | RI HLTH and EDL 5% 11/1/24                                                                                   | CUSIP: 762197LS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115166.32    | 0.08%             | 2024-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | SAN FRANCISCO CA ARPTS 2022-XF3051-INV Q=MO D7@                                                              | CUSIP: 88035EAK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.20%             | 2050-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST SALES TAX REV                                                                 | IL SALES TAX 4% 6/15/2023                                                                                    | CUSIP: 452227RH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $260608.24    | 0.17%             | 2023-06-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH NY RV                                                            | NY MTA TRANSP 5% 2/1/2023                                                                                    | CUSIP: 59261AE78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200146.08    | 0.13%             | 2023-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST SVC AUTH REV                                                            | SC PUB SVC 5% 12/1/2025                                                                                      | CUSIP: 837151ZC6<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    350000 | PA      | $367392.41    | 0.25%             | 2025-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PT HOUSTON                                                                                | PT HOUSTON 5% 10/1/2023                                                                                      | CUSIP: 734262FC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $106613.45    | 0.07%             | 2023-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA(Q=RCC) 1.94% 9/1/23MT 48                                                                     | CUSIP: 56035DAL6<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    450000 | PA      | $448001.78    | 0.30%             | 2048-04-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | NJ ST TRANSP 2022-XM1047-ALL Q=JPMC BK D7                                                                    | CUSIP: 88035DWX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.34%             | 2035-12-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | WA EDFA PROPELLER ARPT BC18-05 BC/BC D42@                                                                    | CUSIP: 76252PKK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.07%             | 2047-03-01      | Variable      | 0.04%                 | Yes           |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 4% 8/1/2049                                                                                  | CUSIP: 56035DCH3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    265000 | PA      | $265008.11    | 0.18%             | 2049-08-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PORT AUTH NY and NJ                                                                       | PORT NY NJ 5% 10/15/2023 AMT                                                                                 | CUSIP: 73358WH98<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    225000 | PA      | $227336.60    | 0.15%             | 2023-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PAULDING CNTY GA HOSP AUTH REV                                                            | PAULDING CNTY G 5% 4/1/2025                                                                                  | CUSIP: 703596DN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $155772.83    | 0.10%             | 2025-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP FAC REV ACTING                                                               | OH HOSP DA 5% 1/1/25                                                                                         | CUSIP: 677561KB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $223960.17    | 0.15%             | 2025-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BULLHEAD CITY ARIZ EXCISE TAXES REV                                                       | BULLHEAD CITY .60% 7/1/2024                                                                                  | CUSIP: 12022MAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $261788.42    | 0.18%             | 2024-07-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| MISSION TX ECONIMC DEV CORP SOLID WASTE DISP REV                                          | MISSION TX EDC 7/1/2040 MT@                                                                                  | CUSIP: 605155BS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $399522.12    | 0.27%             | 2040-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | NYS LIBERTY DEV 4WTC 2021-XF1242-NUV Q=JPMC BK D7                                                            | CUSIP: 88034YNU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $265000.00    | 0.18%             | 2051-11-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA REV                                                                       | PORT SEATTLE 5% 8/1/2023 @                                                                                   | CUSIP: 735389N79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100780.97    | 0.07%             | 2023-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | PHOENIX AZ CIVIC IMPT ARPT 2018-ZM0615-BLK Q=RC D7@                                                          | CUSIP: 88034MFJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.07%             | 2047-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| COBB CNTY GA KENNESTONE HOSP                                                              | COBB GA KEN HSP 5% 4/1/2023                                                                                  | CUSIP: 190813NZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100369.24    | 0.07%             | 2023-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | LYNCHBURG VA EDA CENTRA HLTH 2018-XL0075-NUV Q=JPMC BK D7                                                    | CUSIP: 88034MXT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.20%             | 2047-01-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | NY MTA REV 2015-ZF0218-BLK Q=JPMC BK D7                                                                      | CUSIP: 88033LF61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.13%             | 2044-11-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| OSWEGO ILL INDL DEV REV                                                                   | OSWEGO ILL INDL DEV REV ADJ-GRIFFITH LABORATORIES PJ                                                         | CUSIP: 688667AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $720000.00    | 0.48%             | 2025-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PCF SOLID WST DISP                                                             | CAL PCR SWDR 2.05/VAR MT@                                                                                    | CUSIP: 130536PR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300023.19    | 0.20%             | 2023-08-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| LINCOLN NEB ARPT AUTH                                                                     | LINCOLN NEB ARP 5% 7/1/2025 @                                                                                | CUSIP: 534247QM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $570899.18    | 0.38%             | 2025-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH ENVIRONMENTAL REV                                                     | INDIANA ST FIN 4.50% 12/15/2046 PRE @                                                                        | CUSIP: 455054BJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499051.70   | 1.01%             | 2046-12-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MISSION TX ECONIMC DEV CORP SOLID WASTE DISP REV                                          | MISSION TX EDC 5/1/50 MT@                                                                                    | CUSIP: 605155BQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500038.65    | 0.34%             | 2050-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PREPAY REV                                              | BLACK BELT ENERGY 4% MT                                                                                      | CUSIP: 09182RAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200184.66    | 0.13%             | 2048-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| SPARTANBURG CNTY S C REGL HEALTH SVCS DIST INC HOSP REV                                   | SPARTANBURG SC 5% 4/15/2023 Q                                                                                | CUSIP: 847113DL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100406.57    | 0.07%             | 2023-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA HLTH and ED FACS A                                                        | CHESTER PA HLTH 5% 6/1/2023                                                                                  | CUSIP: 16557HFP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008065.50   | 0.68%             | 2023-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OKLA REVS                                                                      | UNIVERSITY OKL 5% 7/1/2023                                                                                   | CUSIP: 91476PWY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151354.98    | 0.10%             | 2023-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECON DEV SLD WST                                                             | PA EDFA SW 1.20% MT                                                                                          | CUSIP: 708692BM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99996.91     | 0.07%             | 2049-04-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MIAMI UNIV. OH                                                                            | MIAMI UNIV OH 5% 9/1/2023                                                                                    | CUSIP: 593791KN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50653.25     | 0.03%             | 2023-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOM DEV AUTH REV                                                            | NJ EDA REV 5% 03/01/2025                                                                                     | CUSIP: 645918T86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $381050.40    | 0.26%             | 2025-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WRIGHT ST UNIV OH GEN RCPTS                                                               | WRIGHT UNIV OH 4% 5/1/2023                                                                                   | CUSIP: 982354FB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500519.30    | 0.34%             | 2023-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | TX ST TECH COLLEGE 2022-XF1411-INV E-AGM/BA D7                                                               | CUSIP: 88035D5S0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.13%             | 2054-08-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE        | SAN FRAN ARPT 5% 5/1/2024                                                                                    | CUSIP: 79766DGQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102899.34    | 0.07%             | 2024-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HSG FIN AGY SINGLE FAMILY MTG REV FOR ISSUES DATED PRIOR TO 12/20/2017 SEE 7 | PENNSYLVANIA H7 5% 4/1/2024 @                                                                                | CUSIP: 70879QMC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10156.09     | 0.01%             | 2024-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV                                       | NJ STUD LOAN 5% 12/1/2023 @                                                                                  | CUSIP: 646080VH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $202722.02    | 0.14%             | 2023-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT ARPTS REV                                                             | LA CA AIRPT 5% 5/15/2024 @                                                                                   | CUSIP: 544445XM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $86991.90     | 0.06%             | 2024-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ST JAMES PARISH LA REV                                                                    | ST JAMES PARISH LA REV VAR-NUCSTEEL LA-SER B-1                                                               | CUSIP: 790103AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8195000 | PA      | $8195000.00   | 5.50%             | 2040-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| BARTOW CNTY GA DEV AUTH SOLIDWASTE DISP FAC REV                                           | BARTOW GA PWR BOWEN 2ND 22 V1@                                                                               | CUSIP: 06964KAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1280000.00   | 0.86%             | 2062-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CHAMPAIGN CNTY ILL CMNTY UNIT SCH DIST NO 004                                             | CHAMPAIGN IL CM 0% 1/1/2024                                                                                  | CUSIP: 158249MG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $367079.09    | 0.25%             | 2024-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST SALES TAX REV                                                                 | IL SALES TAX 4% 6/15/2024                                                                                    | CUSIP: 452227RJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135727.26    | 0.09%             | 2024-06-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FIN CORP NJ                                                            | NJ TOBACCO 5% 6/1/2024                                                                                       | CUSIP: 888808GZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $259284.31    | 0.17%             | 2024-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT PORT ARTHUR TX NAV DIST E                                                            | PRT ARTHR TX MTVA10E Q=SELF V7                                                                               | CUSIP: 735220AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.07%             | 2040-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | LOS ANGELES MFH WILSHIRE STATION APTS 2022-MIZ9090 FRE/MZ D7@                                                | CUSIP: 60700HKY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2600000.00   | 1.74%             | 2038-10-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUT                                                            | NJ TRANSP 5% 6/15/25                                                                                         | CUSIP: 646136U41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102510.44    | 0.07%             | 2025-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH REV                                                                   | IN FIN REV 4% 2/1/2024                                                                                       | CUSIP: 45506D2U8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201937.28    | 0.14%             | 2024-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT ARPTS REV                                                             | LA CA AIRPT 5% 5/15/2026 @                                                                                   | CUSIP: 544445XP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $210067.26    | 0.14%             | 2026-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GUAM POWER AUTH.                                                                          | GUAM POWER AUTH 5% 10/1/2024 Q                                                                               | CUSIP: 400653JP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $71631.12     | 0.05%             | 2024-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | SALT LAKE UT ARPT 2017-XM0493-INV Q=MO D7@                                                                   | CUSIP: 88033UE62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 1.34%             | 2047-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | NV MFH SUMMIT CLUB 2022-MIZ9091 MZ/MZ D35                                                                    | CUSIP: 60700HLD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.34%             | 2058-02-01      | Variable      | 0.04%                 | Yes           |                  2 | On Loan: No      |
| JACKSONVILLE FLA SPL REV                                                                  | JACKSONVILLE F 5% 10/1/2025                                                                                  | CUSIP: 469487TA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26482.68     | 0.02%             | 2025-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 5% 6/1/2026                                                                                  | CUSIP: 56035DEA6<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1954867.63   | 1.31%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | AUSTIN TX ARPT 2022-XG0427-MST Q=MO D7@                                                                      | CUSIP: 88035ENV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.27%             | 2047-11-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM AL INDL DEV BRD SOLID WASTE DISP REV                                           | BIRMNGHM IDB SW 2000 L=BA V7@                                                                                | CUSIP: 091018AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180000.00    | 0.12%             | 2025-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | IN ST HSG and CMNTY 2022-XF1141-RSZ DB/DB D7                                                                 | CUSIP: 88035A5R8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.13%             | 2042-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| LOWER COLO RIV AUTH TX REV                                                                | LCRA TX 5% 5/15/2023                                                                                         | CUSIP: 54811BPG0<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    215000 | PA      | $216379.70    | 0.15%             | 2023-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AUSTIN TEX AIRPORT SYS                                                                    | AUSTIN TX ARPT 5% 11/15/2025@                                                                                | CUSIP: 052398HA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $109604.45    | 0.07%             | 2025-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAINE HEALTH and HIGHER EDL FACS AUTH REV                                                 | ME ST HEALTH 5% 7/1/2023                                                                                     | CUSIP: 56042RW81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $630859.69    | 0.42%             | 2023-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAN JOSE CALIF ARPT REV                                                                   | SAN JOSE ARPT CA 5% 3/1/23@                                                                                  | CUSIP: 798136VB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100310.46    | 0.07%             | 2023-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | MD HLTH INTEGRACE BC22-024 BC/BC DR42                                                                        | CUSIP: 76252PUP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.27%             | 2049-11-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| OHIO ST                                                                                   | OHIO ST 5% 3/1/2023                                                                                          | CUSIP: 677523BE1<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100320.11    | 0.07%             | 2023-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ALLEG CNTY PA DEV AUTH                                                                    | ALLGNY CNTY HDA 5% 7/15/2023                                                                                 | CUSIP: 01728A4H6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $318060.57    | 0.21%             | 2023-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH RV                                                                      | ILLINOIS FIN AT 5% 4/1/2023                                                                                  | CUSIP: 45204ES41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100417.99    | 0.07%             | 2023-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHANDLER AZ INDL DEVE AUTH IDR                                                            | CHANDLER AZ IDR 5% MT @                                                                                      | CUSIP: 158862BZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1300407.04   | 0.87%             | 2049-06-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| DELAWARE CNTY PA AUTH UNIV REV                                                            | DEL PA UNIV 5% 8/1/2023                                                                                      | CUSIP: 246008NL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151728.12    | 0.10%             | 2023-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LEE MEM HEALTH SYS FL HOSP REV                                                            | LEE MEM HEALTH 5% 4/1/2023                                                                                   | CUSIP: 52385LCY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $165609.25    | 0.11%             | 2023-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECON DEV SLD WST                                                             | PA EDFA SW SIFMA+40 MT @                                                                                     | CUSIP: 708692BT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $97196.51     | 0.07%             | 2041-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | LOS ANGELES MFH HOLLYWOOD and VINE APTS 2022-MIZ9089 FRE/MZ D7@                                              | CUSIP: 60700HKS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1700000.00   | 1.14%             | 2042-04-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PORT AUTH NY and NJ                                                                       | PORT NY NJ 5% 7/15/2023 AMT @                                                                                | CUSIP: 73358WLY8<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    235000 | PA      | $235212.37    | 0.16%             | 2023-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA SWR REV                                                                      | KING CNTY SWR 1/1/2042 MT                                                                                    | CUSIP: 495290BD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $123536.68    | 0.08%             | 2042-01-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | HURST TX MFH GALA AT CENTRAL PK APTS 2020-XF1094-RSZ DB/DB D7                                                | CUSIP: 88034XJC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.07%             | 2060-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                                                                            | CT ST 5% 1/15/2023                                                                                           | CUSIP: 20772KHH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $145083.61    | 0.10%             | 2023-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP TENN GAS REVENUE                                                            | TENNERGY CORP 5% MT                                                                                          | CUSIP: 880397BG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $725414.40    | 0.49%             | 2050-02-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PCF SOLID WST DISP                                                             | CAL PCR SWDR 1.17% MT@                                                                                       | CUSIP: 130536RL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $399987.64    | 0.27%             | 2042-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| EL PASO TEX                                                                               | EL PASO TX 5% 8/15/2023                                                                                      | CUSIP: 2837345A5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75947.78     | 0.05%             | 2023-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOM DEV AUTH REV                                                            | NJ EDA REV 5.25% 9/1/24                                                                                      | CUSIP: 64577B6H2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $330665.86    | 0.22%             | 2024-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST PORT AUTH REV                                                            | MA PORT 5% 7/1/2023 @                                                                                        | CUSIP: 575896UP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151354.98    | 0.10%             | 2023-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ POLLUTION CTL                                                            | MARICOPA AZ PUB SVC 09E V7                                                                                   | CUSIP: 566854ET8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.67%             | 2029-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | NYS HFA 42ND and 10TH BC22-007 L=BC/BC DR42@                                                                 | CUSIP: 76252PSF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2600000.00   | 1.74%             | 2041-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA REV                                                                       | PORT SEATTLE 5% 8/1/2026                                                                                     | CUSIP: 735389T81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $100061.97    | 0.07%             | 2026-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | CHICAGO IL OHARE ARPT 2022-XM1078-MST AGM/JPMC BK D7@                                                        | CUSIP: 88035ENZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1600000.00   | 1.07%             | 2053-01-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BK SPEARS/LIFERS TR VAR STS                                                      | NEW HOPE TX CULT EDUC DBE-8090 DB/DB DR60                                                                    | CUSIP: 25155W6L8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1800000.00   | 1.21%             | 2048-09-01      | Variable      | 0.04%                 | Yes           |                  2 | On Loan: No      |
| MIAMI-DADE CO FL IDA SLD WASTE DISP REV                                                   | MIAMI-DADE SLW .83% 11/1/2033 @                                                                              | CUSIP: 59333GAM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $261817.33    | 0.18%             | 2033-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | SAN DIEGO CA ARPT 2022-XM1054-INV Q=MO D7@                                                                   | CUSIP: 88035DJ97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2300000.00   | 1.54%             | 2056-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA SIFMA+57 MT                                                                                  | CUSIP: 56035DAY8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    930000 | PA      | $926869.99    | 0.62%             | 2048-08-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | LYNCHBURG VA WTRS JAMES CRSSNG 2022-XG0390-R4 DB/DB D7                                                       | CUSIP: 88035DCX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.13%             | 2061-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH and EDL FACS AUTH REVENUE                                           | CONN ST HEALTH 1.1% MT                                                                                       | CUSIP: 20775DRT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $482274.67    | 0.32%             | 2049-07-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV                                       | NJ STUD LOAN 5% 12/1/2024 @                                                                                  | CUSIP: 646080SM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $360078.25    | 0.24%             | 2024-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| YORK CNTY VA ECONOMIC DEV AUTH POLLUTN CTL REV                                            | YORK VA EDA 1.9% 5/1/2033                                                                                    | CUSIP: 98659AAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98880.08     | 0.07%             | 2033-05-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ALA GAS SUPPLY DISTGAS SUPPLY REV                                               | SOUTHEAST ALA 4% MT                                                                                          | CUSIP: 84131TAQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $269053.76    | 0.18%             | 2049-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | DENVER CO ARPT 2018-XM0715-MST Q=MO D7                                                                       | CUSIP: 88034NE34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $800000.00    | 0.54%             | 2043-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 4% 8/1/2048 MT                                                                               | CUSIP: 56035DAW2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    110000 | PA      | $109916.75    | 0.07%             | 2048-08-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | AZ IDA MFH CANTERBURY HOUSE 2020-XF1091-ARC DB/DB D7@                                                        | CUSIP: 88034WNN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.07%             | 2060-06-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST VARIOUS STS                                                             | NM HAVERLAND CARTER BC22-034 BC/BC D42                                                                       | CUSIP: 76252PWP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $205000.00    | 0.14%             | 2042-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | PHILLY MFH SUSQUEHANNA TOWNHOME APTS 2020-MIZ9051 MZ/MZ D35                                                  | CUSIP: 60700HFZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.07%             | 2060-10-01      | Variable      | 0.03%                 | Yes           |                  2 | On Loan: No      |
| APPLING CNTY GA DEV AUTH PCR                                                              | APPLING COUNTY GA DEVELOPMENT AUTH POLLUTION CONTROL REV BDSGA POWER CO PLANT HATCH PROJ OBLIGOR GA POWER CO | CUSIP: 038315EF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $800000.00    | 0.54%             | 2029-09-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust                                                              | Fidelity Municipal Cash Central Fund                                                                         | CUSIP: 31635A204<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   8523295 | NS      | $8525000.00   | 5.72%             |  |  |  | No            |                  1 | On Loan: No      |
| CONNECTICUT ST SPL TAX OBLIG                                                              | CT SPEC TAX 5% 5/1/2023                                                                                      | CUSIP: 207758ZG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $327148.45    | 0.22%             | 2023-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECON DEV SLD WST                                                             | PA EDFA SW 1.20% MT@                                                                                         | CUSIP: 708692BL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99996.91     | 0.07%             | 2034-04-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | MIAMI-DADE CNTY FL MFH SUPERIOR MANOR APTS 2022-MIZ9087 MZ/MZ D35                                            | CUSIP: 60700HKP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.13%             | 2061-11-01      | Variable      | 0.04%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT ST HSG FIN AUTH HSG MTG FIN PROG                                              | CONNECTICUT S 5% 11/15/2023 @                                                                                | CUSIP: 20775HBE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101372.77    | 0.07%             | 2023-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS DEV FIN AUTH SOLID WASTE DISP REV                                                | IL FIN AUTH WASTE MGMT 19 MT@                                                                                | CUSIP: 451889AT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501390.95    | 0.34%             | 2044-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | CHICAGO OHARE IL 2022-XL0314-INV AGM/JPMC BK D7@                                                             | CUSIP: 88035DQZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1300000.00   | 0.87%             | 2053-01-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| HARTFORD CT                                                                               | HARTFORD CT 5% 7/15/2025                                                                                     | CUSIP: 416415HV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $110832.26    | 0.07%             | 2025-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOM DEV AUTH REV                                                            | NEW JERSEY ECONOMIC DEV AUTH REV REF-SCH FACS CONSTR-SER N-1                                                 | CUSIP: 6459165D5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $405573.24    | 0.27%             | 2023-09-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | AUSTIN TX MFH HENDERSON ON REINILI 2021-XF1119-ARC DB/DB D7                                                  | CUSIP: 88034YJV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.13%             | 2061-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| GUAM POWER AUTH.                                                                          | GUAM POWER AUTH 5% 10/1/2025 Q                                                                               | CUSIP: 400653JQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $88169.77     | 0.06%             | 2025-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CNTY FL AVIATION                                                             | HILLSB FL AVIAT 5% 10/1/2024 @                                                                               | CUSIP: 432308M43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $206335.88    | 0.14%             | 2024-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE FLA SPL REV                                                                  | JACKSONVILLE F 5% 10/1/2023                                                                                  | CUSIP: 469487SY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15228.27     | 0.01%             | 2023-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT PORTLAND OR ARPT REV                                                                 | PORTLND OR ARPT 5% 7/1/2025 @                                                                                | CUSIP: 735240Z71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $202693.73    | 0.14%             | 2025-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UTAH CNTY UTAH HOSP REV                                                                   | UT CNTY UT HOSP 5% 5/15/2023                                                                                 | CUSIP: 917393BH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $110746.00    | 0.07%             | 2023-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | OR MFH GOOSE HOLLOW TERRACE 2021-XF1123-ARC DB/DB D7                                                         | CUSIP: 88034YRY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3130000 | PA      | $3130000.00   | 2.10%             | 2061-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PORT PORT ARTHUR TX NAV DIST E                                                            | PORT ARTHUR NAV DIST TX ENVIR VAR-REF-MOTIVA ENTERPRISES PJ ***AMT***                                        | CUSIP: 735220AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5400000 | PA      | $5400000.00   | 3.62%             | 2027-12-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 3/1/2025                                                                                            | CUSIP: 452153DE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $474789.09    | 0.32%             | 2025-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH and EDL FACS AUTH REV                                               | CT ST HLTH and REV 5% 7/1/2057                                                                               | CUSIP: 20774Y3D7<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    275000 | PA      | $275461.64    | 0.18%             | 2057-07-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REV                                                                | SLT LAKE U 5% 7/1/2024 @                                                                                     | CUSIP: 795576GU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $107537.20    | 0.07%             | 2024-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST TPK AUTH MET HWY SYS REV                                                 | MA ST TPK AUTH MET HWY SYS REVMBIA                                                                           | CUSIP: 576018AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $111219.75    | 0.07%             | 2024-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HSG FIN AGY SINGLE FAMILY MTG REV FOR ISSUES DATED PRIOR TO 12/20/2017 SEE 7 | PENNSYLVANIA H7 5% 4/1/2025 @                                                                                | CUSIP: 70879QME0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15462.34     | 0.01%             | 2025-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DAUPHIN CO PA GEN AUTH HLTH SYS REV                                                       | DAUPHIN HLTH 5% 6/1/2023                                                                                     | CUSIP: 23825EDK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100643.41    | 0.07%             | 2023-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | OK MFH DUNCAN PL 2022-MIZ9103 MZ/MZ D35                                                                      | CUSIP: 60700HNB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $145000.00    | 0.10%             | 2062-08-01      | Variable      | 0.04%                 | Yes           |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | DULUTH MN MFH GREYSOLON PLAZA APTS 2021-XF1130-ARC DB/DB D7                                                  | CUSIP: 88034YL99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.07%             | 2061-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PORT PORT ARTHUR TX NAV DIST E                                                            | PRT ARTHR TX MTVA10D Q=SELF V7                                                                               | CUSIP: 735220AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $800000.00    | 0.54%             | 2040-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CHANDLER AZ INDL DEVE AUTH IDR                                                            | CHANDLER AZ IDR 2.40% MT                                                                                     | CUSIP: 158862BX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $158757.71    | 0.11%             | 2035-12-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL ED FACS FIN CORP HOSP REV                                        | TARRANT EFFC HO 5% MT                                                                                        | CUSIP: 87638QSF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $237551.74    | 0.16%             | 2052-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST DEPT TRANSN CONS                                                              | MD DOT CONS TRN 5% 12/1/2023 Q                                                                               | CUSIP: 574204U35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30584.01     | 0.02%             | 2023-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | NY IDA SPRING VLY PRSRVTN 2021-XF1132-ARC DB/DB D7                                                           | CUSIP: 88034YQ94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.13%             | 2061-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| OREGON ST BUSINESS DEV COMMN REV                                                          | OR ST BUS DEV C 2.4% MT                                                                                      | CUSIP: 68609AAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $124029.46    | 0.08%             | 2040-12-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                                  | MASS DEVEL FIN 5% 6/1/2023                                                                                   | CUSIP: 57584YW54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $361877.00    | 0.24%             | 2023-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 3/1/2023                                                                                            | CUSIP: 452153DC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70149.19     | 0.05%             | 2023-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL OHARE INTL ARPT REV                                                            | CHICAGO OHARE 5% 1/1/2025@                                                                                   | CUSIP: 167593W65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $277867.13    | 0.19%             | 2025-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | NY MTA TRANSP 2022-XF1321-LA Q=JPMC BK D7                                                                    | CUSIP: 88035AUM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.27%             | 2055-11-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORP                                                  | NY TRANS CORP 5% 12/1/2025 @                                                                                 | CUSIP: 650116DE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46577.35     | 0.03%             | 2025-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY HEALTH CARE                                                                    | NJ HLTH CARE 5% 7/1/2023                                                                                     | CUSIP: 645790FC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $242297.06    | 0.16%             | 2023-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL SCH BRD CTF                                                            | MIAMI-DADE COP 5% 5/1/2023                                                                                   | CUSIP: 59333MP33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $176082.52    | 0.12%             | 2023-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA GAS WKS REV                                                               | PHIL PA GAS 5% 8/1/2024                                                                                      | CUSIP: 7178237G7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102846.46    | 0.07%             | 2024-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ POLLUTION CTL                                                            | MARICOPA AZ PUB SVC 09D V7                                                                                   | CUSIP: 566854ES0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $830000.00    | 0.56%             | 2029-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | PA ST MFH YORK TOWNE HOUSE 2020-XF1095-ARC DB/DB D7                                                          | CUSIP: 88034XNV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.13%             | 2060-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ED LN AUTH ED LN                                                            | MA ED LN AUTH 5% 7/1/24@                                                                                     | CUSIP: 57563RNL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15333.88     | 0.01%             | 2024-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 3/1/2023                                                                                            | CUSIP: 452153CJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60127.88     | 0.04%             | 2023-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| COBB CNTY GA KENNESTONE HOSP                                                              | COBB GA KEN HSP 5% 4/1/2023                                                                                  | CUSIP: 190813QP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100369.24    | 0.07%             | 2023-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTH TX TWY AUTH REV                                                                     | NORTH TX TOLL 5% 1/1/2024                                                                                    | CUSIP: 66285WM37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5007.20      | 0.00%             | 2024-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | TX DEPT HSG MF 2022-XG0389-R4 L=DB/DB D7                                                                     | CUSIP: 88035DCT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.27%             | 2061-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5% 6/1/2026                                                                                   | CUSIP: 09182TBH9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    125000 | PA      | $130306.78    | 0.09%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ELEC and GAS REV                                                           | SAN ANTONIO E and G 5% 2/1/2026                                                                              | CUSIP: 79625GED1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53262.94     | 0.04%             | 2026-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| OHIO ST HIGHER EDL FAC COMMN HEALTHCARE REV                                               | OHIO ST HIGHER 5% 1/1/2025                                                                                   | CUSIP: 677510CD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $204087.50    | 0.14%             | 2025-01-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BARTOW CNTY GA DEV AUTH SOLIDWASTE DISP FAC REV                                           | BARTOW GA PWR BOWEN 1ST 22 V1@                                                                               | CUSIP: 06964KAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750000.00    | 0.50%             | 2062-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSINCOME TAX REV                                               | NEW YORK ST D 5% 2/15/2023                                                                                   | CUSIP: 64990FE75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30071.90     | 0.02%             | 2023-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                                                          | MA DFA SIFMA+50 MT                                                                                           | CUSIP: 57584X7A3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $199940.90    | 0.13%             | 2038-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| RAILSPLITTER TOB SETTLEMENT AUTH ILL TOB SETTLEMENT REV                                   | RAILSPLITTER IL 5% 6/1/24                                                                                    | CUSIP: 75076PAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $415570.50    | 0.28%             | 2024-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                                                  | MINNESOTA ST HS 5% 8/1/2024                                                                                  | CUSIP: 60416TTA6<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    360000 | PA      | $371875.32    | 0.25%             | 2024-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO EDL ASSISTNCE FNDTN                                                            | NM ED ASSIST FN 5% 9/1/2023 @                                                                                | CUSIP: 647110FM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100920.77    | 0.07%             | 2023-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HOSP FIN AUTH HOSP REV                                                   | WV UNIV HLTH 18E RFLOAT V7                                                                                   | CUSIP: 956622P32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.27%             | 2033-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY GO                                                                          | NYC GO FY21-2 Q=SELF V8+                                                                                     | CUSIP: 64966QWQ9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3405000 | PA      | $3405000.00   | 2.28%             | 2042-04-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUT                                                            | NJ TRANSP 0% 12/15/2024                                                                                      | CUSIP: 646136TK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $245306.02    | 0.16%             | 2024-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH REV                                                             | CO ADVENTIST HEALTH 5% 11/15/2024                                                                            | CUSIP: 19648AS89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $205858.58    | 0.14%             | 2024-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 7/1/2023                                                                                            | CUSIP: 452152SQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100653.75    | 0.07%             | 2023-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5% 6/1/2023                                                                                   | CUSIP: 09182TBE6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15070.90     | 0.01%             | 2023-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT AUTH NY and NJ                                                                       | PORT NY NJ 5% 12/1/2023 AMT                                                                                  | CUSIP: 73358WPR9<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    135000 | PA      | $136655.91    | 0.09%             | 2023-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST                                                                             | NJ ST 5% 6/1/2024                                                                                            | CUSIP: 646039YH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $144103.57    | 0.10%             | 2024-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NORTHERN CALIF PWR AGY REV                                                                | NO CA PWR 5% 8/1/2023                                                                                        | CUSIP: 66484RAW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101209.40    | 0.07%             | 2023-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SAN JOSE CALIF ARPT REV                                                                   | SAN JOSE ARPT 5% 3/1/2023@                                                                                   | CUSIP: 798136UE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100310.46    | 0.07%             | 2023-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV                                                    | MAIN STR NAT GA 4% 12/1/2025                                                                                 | CUSIP: 56035DDS8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70158.03     | 0.05%             | 2025-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER / RESIDUAL TR VAR STS                                                      | SAN FRANCISCO CA CITY and CNTY MF HSG 2022-MIZ9115 MZ/MZ D35                                                 | CUSIP: 60700HPG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2200000.00   | 1.48%             | 2052-12-01      | Variable      | 0.04%                 | Yes           |                  2 | On Loan: No      |
| IDAHO HSG and FIN ASSN                                                                    | ID HFA 5% 7/15/2023                                                                                          | CUSIP: 45129WNR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101050.78    | 0.07%             | 2023-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ALASKA AIRPORT                                                                            | AK AIRPORT 5% 10/1/2025 @                                                                                    | CUSIP: 011842UN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104180.93    | 0.07%             | 2025-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | CHICAGO OHARE IL 2022-XM1041-ALL Q=JPMC BK D7@                                                               | CUSIP: 88035DUR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1400000.00   | 0.94%             | 2053-01-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | DENVER CITY and CNTY CO ARPT 2018-XL0090-INV Q=MO D7@                                                        | CUSIP: 88034NUJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.27%             | 2036-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                                                                          | MA ST 5% 11/1/2023                                                                                           | CUSIP: 57582RT63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1215975.95   | 0.82%             | 2023-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | TX DEPT HSG MFH MONTAGE APTS 2021-XF1098-RSZ DB/DB D7                                                        | CUSIP: 88034XTV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1400000.00   | 0.94%             | 2061-01-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                               | IL ST 5% 3/1/2026                                                                                            | CUSIP: 452153DF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $349213.90    | 0.23%             | 2026-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 5.25% 12/1/2024                                                                               | CUSIP: 09182TBW6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     60000 | PA      | $61255.61     | 0.04%             | 2024-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH and EDL FACSAUTH REV                                                  | WISCONSIN ST H 5% 10/1/2025 Q                                                                                | CUSIP: 97712JFJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $379690.63    | 0.25%             | 2025-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT ARPTS REV                                                             | LA CA AIRPT 4% 5/15/2023                                                                                     | CUSIP: 544445ME6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125490.63    | 0.08%             | 2023-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV                                                | BLACK BELT ENE 4% 12/1/2023                                                                                  | CUSIP: 09182TAH0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    100000 | PA      | $99898.61     | 0.07%             | 2023-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP REV                                                                  | FL BRIGHTLINE PSGR RAIL 21A MT@                                                                              | CUSIP: 340618DE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $598288.20    | 0.40%             | 2056-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| PORT PORT ARTHUR TX NAV DIST E                                                            | PORT ARTHUR TX NAV DIST ENVI VAR-MOTIVA ENTERPRISES PJ-A                                                     | CUSIP: 735220AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $800000.00    | 0.54%             | 2040-04-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                                     | HI ST ARPT 2022-XG0386-MST Q=MO D7@                                                                          | CUSIP: 88035DAU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.07%             | 2048-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** Laura M. Del Prato

**Signature:** Laura M. Del Prato

**Name of Signer:** Laura M. Del Prato

**Title:** President and Treasurer