# EDGAR Filing Document

**Accession Number:** 0001282693
**File Stem:** 0001145549-25-051359
**Filing Date:** 2025-8
**Character Count:** 280205
**Document Hash:** 4d28d0033372117e8bfa76d7d4ffd8f5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-051359.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0001145549-25-051359

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BAIRD FUNDS INC
- **CENTRAL INDEX KEY:** 0001282693

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** WI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09997
- **FILM NUMBER:** 251215733

**BUSINESS ADDRESS:**
- **STREET 1:** 777 EAST WISCONSIN AVENUE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-765-3500

**MAIL ADDRESS:**
- **STREET 1:** 777 EAST WISCONSIN AVENUE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

## Series and Classes Contracts Data

### Baird Municipal Bond Fund (Series ID: S000067040)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000215710 | Institutional | BMQIX           |
| C000215711 | Investor      | BMQSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Baird Funds Inc

- **b. Investment Company Act file number:** 811-09997

- **c. CIK number of Registrant:** 0001282693

- **d. LEI of Registrant:** 5493007JR2NWYBC7PO06

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

  - **Street Address 1:** 777 East Wisconsin Avenue

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 4147653614

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

- **a. Name of Series:** Baird Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000067040

- **c. LEI of Series:** 549300V76044R7XKPV13

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $498691841.22

**Total Liabilities:** $8633348.93

**Net Assets:** $490058492.29

**Delayed Delivery Securities:** $8503602.10

**Cash Not Reported:** $51.51

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 241.290000000000 | **1-Year:** 4800.480000000000 | **5-Year:** 21995.480000000000 | **10-Year:** 155085.060000000000 | **30-Year:** 144264.370000000000

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

- **3-Month:** 7.860000000000 | **1-Year:** 490.500000000000 | **5-Year:** 2219.170000000000 | **10-Year:** 7023.120000000000 | **30-Year:** 5469.280000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000215710 | -0.44%               | -0.12%               | 0.73%                |
| Class ID C000215711 | -0.46%               | -0.03%               | 0.61%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-81241.05               | $-2148927.98                               |
| Month 2  | $-12754.96               | $-1827063.71                               |
| Month 3  | $29801.63                | $1783841.89                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BASELINE MET DIST #1 CO SPL RE | Baseline Metropolitan District No 1                                              | CUSIP: 069826AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $900365.40    | 0.18%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRUSHY CREEK TX REGL UTILITY A | Brushy Creek Regional Utility Authority Inc                                      | CUSIP: 117467FQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $401432.76    | 0.08%             | 2031-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CADDO CNTY OK EDUCTNL FACS AUT | Caddo County Educational Facilities Authority                                    | CUSIP: 127218DV4<br>LEI: 5493002KIL3BLNPQ1H28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065206.60   | 0.22%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE NC ARPT REVENUE      | City of Charlotte NC Airport Revenue                                             | CUSIP: 161036NF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $595222.68    | 0.12%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA TN HLTH EDUCTNL &H | Chattanooga Health Educational & Housing Facility Board                          | CUSIP: 162410EE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $262256.28    | 0.05%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA | Chicago O'Hare International Airport                                             | CUSIP: 167593E99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1518482.85   | 0.31%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WTRWKS REVENUE      | City of Chicago IL Waterworks Revenue                                            | CUSIP: 167736E37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1071557.76   | 0.22%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WTRWKS REVENUE      | City of Chicago IL Waterworks Revenue                                            | CUSIP: 167736G84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017350.80   | 0.21%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED | Clifton Higher Education Finance Corp                                            | CUSIP: 187145DQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10031.44     | 0.00%             | 2038-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CONROE TX MUNI UTIL DIST #1    | Conroe Municipal Utility District No 1                                           | CUSIP: 208425FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $471575.29    | 0.10%             | 2035-09-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| DALHART TX INDEP SCH DIST      | Dalhart Independent School District                                              | CUSIP: 234451FA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042977.20   | 0.21%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R | Arizona Industrial Development Authority                                         | CUSIP: 04052BFU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $189932.82    | 0.04%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R | Arizona Industrial Development Authority                                         | CUSIP: 04052BPE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $123962.56    | 0.03%             | 2027-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENVER CO HLTH & HOSP AUTH HLT | Denver Health & Hospital Authority                                               | CUSIP: 24918EEG1<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104189.97    | 0.02%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EP CIMARRON VENTANAS PFC TX RS | EP Cimarron Ventanas PFC                                                         | CUSIP: 26879QAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1422664.20   | 0.29%             | 2039-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BARTOW CNTY GA DEV AUTH        | Bartow County Development Authority                                              | CUSIP: 069643BN3<br>LEI: 5493006KLI0V8YELKW50 | Long             | DBT              | MUN               | US        |    500000 | PA      | $508720.30    | 0.10%             | 2032-12-01      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| BEDFORD OH CITY SCH DIST       | Bedford City School District                                                     | CUSIP: 076365LV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3372420.68   | 0.69%             | 2044-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FAYETTE CNTY OH HOSP FACS IMPT | County of Fayette OH                                                             | CUSIP: 312446AJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1519464.90   | 0.31%             | 2049-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP EDUCTN | Florida Development Finance Corp                                                 | CUSIP: 34061ULF3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    455000 | PA      | $445838.35    | 0.09%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FORSYTH MT POLL CONTROL REVENU | City of Forsyth MT                                                               | CUSIP: 346668DN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014552.50   | 0.21%             | 2028-07-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45203H5E8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     60000 | PA      | $56714.68     | 0.01%             | 2037-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL  | Black Belt Energy Gas District                                                   | CUSIP: 09182TBL0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    755000 | PA      | $781747.16    | 0.16%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| FRASER MI PUBLIC SCHS DIST     | Fraser Public School District                                                    | CUSIP: 355514PU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $482620.28    | 0.10%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204FP66<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    330000 | PA      | $335320.10    | 0.07%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204FWN1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $514584.50    | 0.11%             | 2047-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FULSHEAR MUNI UTILITY DIST NO  | Fulshear Municipal Utility District No 3A                                        | CUSIP: 35986CQA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $769785.30    | 0.16%             | 2038-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GEISINGER PA AUTH HLTH SYS REV | Geisinger Authority                                                              | CUSIP: 368497HP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $986804.80    | 0.20%             | 2045-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE & JEFFERSON CNTY KY | Louisville/Jefferson County Metropolitan Government                              | CUSIP: 54659LCD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $510334.00    | 0.10%             | 2047-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST TURNPIKE AUTH      | Oklahoma Turnpike Authority                                                      | CUSIP: 679111D27<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042665.00   | 0.21%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GRAND RIVER CO HOSP DIST       | Grand River Hospital District                                                    | CUSIP: 386448EJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $79044.58     | 0.02%             | 2031-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH STUDENT H | Illinois Finance Authority                                                       | CUSIP: 45203KAN5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    955000 | PA      | $944268.09    | 0.19%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORLANDO FL TOURIST DEV TAX REV | City of Orlando FL Tourist Development Tax Revenue                               | CUSIP: 686499BX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1351625.95   | 0.28%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OSAWATOMIE KS                  | City of Osawatomie KS                                                            | CUSIP: 687765HW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500095.25    | 0.10%             | 2027-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PARADISE CA UNIF SCH DIST COPS | Paradise Unified School District                                                 | CUSIP: 699042BR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $518737.26    | 0.11%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HGR EDU ASSISTANC | Pennsylvania Higher Education Assistance Agency                                  | CUSIP: 70878CBH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $831048.45    | 0.17%             | 2045-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL HIGHWAY AUTH  | Illinois State Toll Highway Authority                                            | CUSIP: 452252PQ6<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    580000 | PA      | $585038.11    | 0.12%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IN LOCAL PUBLIC I | Indianapolis Local Public Improvement Bond Bank                                  | CUSIP: 45528U7V7<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2193113.40   | 0.45%             | 2048-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HGR EDUCTNL FA | Pennsylvania Higher Educational Facilities Authority                             | CUSIP: 709181CA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $142350.47    | 0.03%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| POLK CNTY IA                   | County of Polk IA                                                                | CUSIP: 7311973L1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1556662.80   | 0.32%             | 2041-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST ECON DEV FIN AUTH  | Kentucky Economic Development Finance Authority                                  | CUSIP: 49126PEZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200150.92    | 0.04%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA                   | County of King WA                                                                | CUSIP: 49474F6Y1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $798889.06    | 0.16%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA HOSP AUTH    | Lancaster County Hospital Authority/PA                                           | CUSIP: 514045W33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $280267.21    | 0.06%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A | City of Los Angeles Department of Airports                                       | CUSIP: 544445GR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $520779.15    | 0.11%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANGAMON & CHRISTIAN CNTYS IL  | Sangamon & Christian Counties Community Unit School District No 3A Rochester     | CUSIP: 800722GQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $483452.96    | 0.10%             | 2038-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PORTS AUTH P | South Carolina Ports Authority                                                   | CUSIP: 837123HH4<br>LEI: 5493001YXW15H9J1M026 | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1484850.05   | 0.30%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE PUBLIC SCH BLDG AUTH PA  | State Public School Building Authority                                           | CUSIP: 85732GUG3<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1521116.85   | 0.31%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUMNER WA WTR & SWR REVENUE    | City of Sumner WA Water & Sewer Revenue                                          | CUSIP: 866465JT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $223965.95    | 0.05%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power                                          | CUSIP: 544532EW0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |     75000 | PA      | $77175.08     | 0.02%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SF MT | Michigan State Housing Development Authority                                     | CUSIP: 594654C94<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1381324.75   | 0.28%             | 2055-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST DEV BANK SPL OB | Mississippi Development Bank                                                     | CUSIP: 60534WJH2<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30325.77     | 0.01%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST DEV BANK SPL OB | Mississippi Development Bank                                                     | CUSIP: 60534WYD4<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    150000 | PA      | $143391.72    | 0.03%             | 2045-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TAMPA FL WTR & WSTWTR SYS REVE | City of Tampa FL Water & Wastewater System Revenue                               | CUSIP: 875291BM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031480.00   | 0.21%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS CITY TX                  | City of Texas City TX                                                            | CUSIP: 882253UE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3098614.50   | 0.63%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH REVENUE      | North Texas Tollway Authority                                                    | CUSIP: 66285WCB0<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    335000 | PA      | $221107.50    | 0.05%             | 2036-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PB53<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    225000 | PA      | $238396.64    | 0.05%             | 2028-11-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST UNIV SYS FING REVENUE | Texas State University System                                                    | CUSIP: 88278PJ96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2054926.00   | 0.42%             | 2054-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UPPER IL RIVER VLY DEV AUTH    | Upper Illinois River Valley Development Authority                                | CUSIP: 91588XAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $181258.88    | 0.04%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RAPID CITY SD ARPT REVENUE     | City of Rapid City SD Airport Revenue                                            | CUSIP: 753350BN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $117382.58    | 0.02%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REGL CO TRANSPRTN DIST PRIV AC | Regional Transportation District                                                 | CUSIP: 759151BV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $108828.05    | 0.02%             | 2039-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UTAH ST HSG CORP               | Utah Housing Corp                                                                | CUSIP: 91743PBZ7<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    272357 | PA      | $247170.62    | 0.05%             | 2047-08-21      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VAN DYKE MI PUBLIC SCHS        | Van Dyke Public Schools                                                          | CUSIP: 921067LQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1529249.70   | 0.31%             | 2050-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RIDLEY PA SCH DIST AUTH SCH RE | Ridley School District                                                           | CUSIP: 766360BH3<br>LEI: 549300YUHUQO2URNGZ44 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1495034.25   | 0.31%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIO GRANDE CITY TX CONSOL INDE | Rio Grande City Consolidated Independent School District                         | CUSIP: 767057RD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $231439.40    | 0.05%             | 2034-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RIVER ISLANDS CA PUBLIC FING A | River Islands Public Financing Authority                                         | CUSIP: 76827QLN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $802562.16    | 0.16%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT CLAIR CNTY IL CMNTY UNIT | St Clair County Community Unit School District No 187 Cahokia                    | CUSIP: 788550MN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257478.90    | 0.05%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCAGO SC EDUCTNL FACS CORP FOR | Scago Educational Facilities Corp for Spartanburg School District No 1           | CUSIP: 80585FBT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98059.39     | 0.02%             | 2030-06-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SHELBY CNTY TN HLTH EDUCTNL &H | Shelby County Health Educational & Housing Facilities Board                      | CUSIP: 821697Z44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072034.80   | 0.22%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH AL COMMO | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136FBT3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048929.50   | 0.21%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A C | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136HAA1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    475000 | PA      | $484861.19    | 0.10%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STHRN ID REGL SOL WST DIST REV | Southern Idaho Regional Solid Waste District                                     | CUSIP: 843104AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1057823.55   | 0.22%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STATE PUBLIC SCH BLDG AUTH PAS | State Public School Building Authority                                           | CUSIP: 85732TKS0<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |    925000 | PA      | $942243.02    | 0.19%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUMNER WA WTR & SWR REVENUE    | City of Sumner WA Water & Sewer Revenue                                          | CUSIP: 866465JZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1741749.79   | 0.36%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST                       | State of Texas                                                                   | CUSIP: 8827243F2<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024469.10   | 0.21%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH ST CHRT SCH FIN AUTH CHRT | Utah Charter School Finance Authority                                            | CUSIP: 91754T3V3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $565331.09    | 0.12%             | 2045-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERMONT ST STUDENT ASSISTANCEC | Vermont Student Assistance Corp                                                  | CUSIP: 92428CLH5<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506652.40    | 0.10%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST PORT AUTH CMWLTH P | Virginia Port Authority Commonwealth Port Fund                                   | CUSIP: 928075KG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043484.70   | 0.21%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HLTH CARE FACS A | Washington Health Care Facilities Authority                                      | CUSIP: 93978HWL5<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    250000 | PA      | $245316.65    | 0.05%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTOSHA CENTRL WI HIGH SCH DI | Westosha Central High School District                                            | CUSIP: 961205EB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $346982.84    | 0.07%             | 2031-03-01      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| WINDY GAP FIRMING PROJ WTR ACT | Windy Gap Firming Project Water Activity Enterprise                              | CUSIP: 97381YAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021044.60   | 0.21%             | 2046-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HSG & ECON DEV AU | Wisconsin Housing & Economic Development Authority Housing Revenue               | CUSIP: 976904X64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $960686.40    | 0.20%             | 2046-11-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712DTW6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009946.80   | 0.21%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AKRON BATH COPLEY JT TWP OH HO | Akron Bath Copley Joint Township Hospital District                               | CUSIP: 009730PN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106015.45    | 0.02%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALABAMA ST CORRS INSTN FIN AUT | Alabama Corrections Institution Finance Authority                                | CUSIP: 010507CG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $535405.00    | 0.11%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX ARPT SYS REVENUE     | City of Austin TX Airport System Revenue                                         | CUSIP: 052398FQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007763.60   | 0.21%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX ARPT SYS REVENUE     | City of Austin TX Airport System Revenue                                         | CUSIP: 052398FT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $498138.10    | 0.10%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BARTOW CNTY GA DEV AUTH        | Bartow County Development Authority                                              | CUSIP: 069643BM5<br>LEI: 5493006KLI0V8YELKW50 | Long             | DBT              | MUN               | US        |    200000 | PA      | $199744.02    | 0.04%             | 2043-08-01      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL  | Black Belt Energy Gas District                                                   | CUSIP: 09182TDU8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    500000 | PA      | $523717.10    | 0.11%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BOONE CNTY IN BLDG CORP LOCAL  | Boone County Building Corp                                                       | CUSIP: 098744BB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1320176.34   | 0.27%             | 2038-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BREVARD CNTY FL HLTH FACS AUTH | Brevard County Health Facilities Authority                                       | CUSIP: 107416QP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $726063.08    | 0.15%             | 2052-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROWARD CNTY FL PORT FACS REVE | County of Broward FL Port Facilities Revenue                                     | CUSIP: 11506KEP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006212.90   | 0.21%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A | California Community Choice Financing Authority                                  | CUSIP: 13013JAX4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002864.60   | 0.20%             | 2052-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CENTRL PLAINS ENERGY PROJ NE G | Central Plains Energy Project                                                    | CUSIP: 154871CW5<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |    750000 | PA      | $788330.03    | 0.16%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU          | Chicago Board of Education                                                       | CUSIP: 167501UL7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    500000 | PA      | $491926.40    | 0.10%             | 2025-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA | Chicago O'Hare International Airport                                             | CUSIP: 167593Y48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $305901.27    | 0.06%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CLEVELAND OH MUNI SCH DIST     | Cleveland Municipal School District                                              | CUSIP: 186392FD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $731405.15    | 0.15%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CUDAHY WI SCH DIST             | Cudahy School District/WI                                                        | CUSIP: 229768MA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $905857.75    | 0.18%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST SMALL BUSINESS FIN | Virginia Small Business Financing Authority                                      | CUSIP: 928105CQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064796.20   | 0.22%             | 2060-06-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| WATERLOO IA CMNTY SCH DIST SCH | Waterloo Community School District Infrastructure Sales Services & Use Tax       | CUSIP: 941660CY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999936.50    | 0.20%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MI ARPT AUTH REVENU | Wayne County Airport Authority                                                   | CUSIP: 944514T81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $484289.28    | 0.10%             | 2038-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WICHITA KS HLTH CARE FACS REVE | City of Wichita KS                                                               | CUSIP: 967249RL9<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $992778.00    | 0.20%             | 2039-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WILL CNTY IL SCH DIST #114 MAN | Will County School District No 114 Manhattan                                     | CUSIP: 968838KJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036286.80   | 0.21%             | 2052-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WILL CNTY IL CMNTY HIGH SCH DI | Will County Community High School District No 210 Lincoln-Way                    | CUSIP: 969073KV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $90124.12     | 0.02%             | 2027-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WILL CNTY IL CMNTY HIGH SCH DI | Will County Community High School District No 210 Lincoln-Way                    | CUSIP: 969073LB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $421655.45    | 0.09%             | 2033-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712DU20<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1482271.50   | 0.30%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712JJU8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    500000 | PA      | $505537.95    | 0.10%             | 2044-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE | California Municipal Finance Authority                                           | CUSIP: 13048VS58<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $902549.70    | 0.18%             | 2043-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST POLL CONTROL FIN | California Pollution Control Financing Authority                                 | CUSIP: 13054WAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $255831.28    | 0.05%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CARSON CITY NV HOSP REVENUE    | Carson City NV                                                                   | CUSIP: 145810DP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $505296.54    | 0.10%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTENNIAL WTR & SANTN DIST CO | Centennial Water & Sanitation District                                           | CUSIP: 15141GAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506932.05    | 0.10%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KENTON CNTY KY ARPT BRD        | Kenton County Airport Board                                                      | CUSIP: 491026VU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $855050.40    | 0.17%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | Health & Educational Facilities Authority of the State of Missouri               | CUSIP: 60637ARW4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    360000 | PA      | $388128.92    | 0.08%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PIMA CNTY AZ INDL DEV AUTH EDU | Industrial Development Authority of the County of Pima/The                       | CUSIP: 72177MSJ7<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |     25000 | PA      | $24984.04     | 0.01%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PLATTE CNTY MO REORG SCH DIST# | Platte County R-III School District                                              | CUSIP: 727717LF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1907829.69   | 0.39%             | 2044-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PORT OF PORTLAND OR ARPT REVEN | Port of Portland OR Airport Revenue                                              | CUSIP: 735240V83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $445280.28    | 0.09%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORTLAND OR SWR SYS REVENUE    | City of Portland OR Sewer System Revenue                                         | CUSIP: 736742ZL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $757184.85    | 0.15%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PMR3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    650000 | PA      | $668822.18    | 0.14%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI HLTHCARE FA | Public Finance Authority                                                         | CUSIP: 74444KBD5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $519531.15    | 0.11%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RALEIGH NC                     | City of Raleigh NC                                                               | CUSIP: 751091VT3<br>LEI: 549300I7RPBIIRI16112 | Long             | DBT              | MUN               | US        |    500000 | PA      | $530799.85    | 0.11%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RAMAPO NY                      | Town of Ramapo NY                                                                | CUSIP: 751396Z39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $48399.74     | 0.01%             | 2030-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| RAPID CITY SD ARPT REVENUE     | City of Rapid City SD Airport Revenue                                            | CUSIP: 753350BJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $223248.21    | 0.05%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CITY CA UNIF SCH DI | Sacramento City Unified School District/CA                                       | CUSIP: 785870E85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2208499.65   | 0.45%             | 2047-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SAINT CLAIR CNTY IL CMNTY UNIT | St Clair County Community Unit School District No 187 Cahokia                    | CUSIP: 788550MQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1365792.98   | 0.28%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT PAUL MN HSG & REDEV AUTH | Housing & Redevelopment Authority of The City of St Paul Minnesota               | CUSIP: 792893HX0<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    150000 | PA      | $153608.07    | 0.03%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT VERDE AZ FINANCIAL CORP S | Salt Verde Financial Corp                                                        | CUSIP: 79575EAM0<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1578268.64   | 0.32%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SHAKER HEIGHTS OH CITY SCH DIS | Shaker Heights City School District                                              | CUSIP: 819071SF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $537018.40    | 0.11%             | 2040-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHAKER HEIGHTS OH CITY SCH DIS | Shaker Heights City School District                                              | CUSIP: 819071SG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $477213.44    | 0.10%             | 2041-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHELBY CNTY TN HLTH EDUCTNL &H | Shelby County Health Educational & Housing Facilities Board                      | CUSIP: 821697S75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $761247.15    | 0.16%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE | South Carolina Jobs-Economic Development Authority                               | CUSIP: 837031C43<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    530000 | PA      | $258861.59    | 0.05%             | 2051-03-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R | Arizona Industrial Development Authority                                         | CUSIP: 04052BFR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99507.56     | 0.02%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON CNTY VA INDL DEV AUT | Arlington County Industrial Development Authority                                | CUSIP: 041438HF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077666.20   | 0.22%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP  | Arlington Higher Education Finance Corp                                          | CUSIP: 041806B90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $453511.95    | 0.09%             | 2045-08-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| CLARKE & MOBILE CNTY AL GAS DI | Clarke-Mobile Counties Gas District                                              | CUSIP: 181766DE3<br>LEI: 2549001MOT7OVVIUK129 | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1728690.80   | 0.35%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLAY CNTY MO SCH DIST #40 EXCE | Clay County School District No 40 Excelsior Springs                              | CUSIP: 183495BU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $613298.10    | 0.13%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST BRIDGE ENTERPRISE  | Colorado Bridge Enterprise                                                       | CUSIP: 19633SAT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250510.03    | 0.05%             | 2031-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL  | Connecticut State Health & Educational Facilities Authority                      | CUSIP: 20775DQT2<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |     30000 | PA      | $29509.25     | 0.01%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CUDAHY WI SCH DIST             | Cudahy School District/WI                                                        | CUSIP: 229768MB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $950726.25    | 0.19%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE CNTY PA INDL DEV AUTH | Delaware County Industrial Development Authority/PA                              | CUSIP: 246018FZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180369.58    | 0.04%             | 2026-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                     | City of Detroit MI                                                               | CUSIP: 2510936E5<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    790000 | PA      | $852291.11    | 0.17%             | 2043-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FULSHEAR MUNI UTILITY DIST NO  | Fulshear Municipal Utility District No 3A                                        | CUSIP: 35986CQB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $785524.04    | 0.16%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GARY CHICAGO INTERNATIONAL ARP | Gary Chicago International Airport Authority                                     | CUSIP: 367066BQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $713867.33    | 0.15%             | 2045-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GLENDALE AZ INDL DEV AUTH SENI | Glendale Industrial Development Authority                                        | CUSIP: 378287AN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $482451.15    | 0.10%             | 2031-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAMMOND IN LOCAL PUBLIC IMPT B | Hammond Local Public Improvement Bond Bank                                       | CUSIP: 408394HG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $524392.20    | 0.11%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204EBC1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    135000 | PA      | $136691.24    | 0.03%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204EL71<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    640000 | PA      | $664520.32    | 0.14%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204FN84<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     70000 | PA      | $72476.05     | 0.01%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST SPORTS FACS AUTH   | Illinois Sports Facilities Authority/The                                         | CUSIP: 452143FT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046735.60   | 0.21%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FIN AUTH EDUCTNL FACS  | Indiana Finance Authority                                                        | CUSIP: 45470EDH5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    500000 | PA      | $521320.50    | 0.11%             | 2048-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH POLL CONTR | Indiana Finance Authority                                                        | CUSIP: 45505VAE6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    100000 | PA      | $93639.70     | 0.02%             | 2030-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH MF REVENUE    | Iowa Finance Authority                                                           | CUSIP: 46246JNN1<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $949949.20    | 0.19%             | 2042-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH REVENUE       | Iowa Finance Authority                                                           | CUSIP: 46247SGL2<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1379685.58   | 0.28%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE AL ST UNIV REVENU | Jacksonville State University                                                    | CUSIP: 469205KK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $516992.45    | 0.11%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE PUBLIC EDUCTNL BL | Jacksonville Public Educational Building Authority                               | CUSIP: 469480BV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2461052.25   | 0.50%             | 2056-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO                 | City of Kansas City MO                                                           | CUSIP: 484873UQ5<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |    400000 | PA      | $422830.44    | 0.09%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KEWASKUM WI                    | Village of Kewaskum WI                                                           | CUSIP: 492800FL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $608244.93    | 0.12%             | 2037-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LA PORTE IN SWR WKS REVENUE    | City of La Porte IN Sewage Works Revenue                                         | CUSIP: 504046EC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $990215.50    | 0.20%             | 2029-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LICKING HEIGHTS OH LOCAL SCH D | Licking Heights Local School District                                            | CUSIP: 531677QR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024845.50   | 0.21%             | 2059-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT WTR & PWR  | Los Angeles Department of Water & Power                                          | CUSIP: 544495DX9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.20%             | 2035-07-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power Water System Revenue                     | CUSIP: 544525WZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1415828.85   | 0.29%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAINE HLTH & HGR EDUCTNL FACS  | Maine Health & Higher Educational Facilities Authority                           | CUSIP: 56042RVW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $625199.46    | 0.13%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MANDAN ND PARK FACS SALES TAX  | City of Mandan ND Sales Tax Revenue                                              | CUSIP: 56257PAN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $170648.14    | 0.03%             | 2036-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MARANA AZ PLEDGED EXCISE TAX R | Town of Marana AZ Pledged Excise Revenue                                         | CUSIP: 56574CCB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $233691.93    | 0.05%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARANA AZ PLEDGED EXCISE TAX R | Town of Marana AZ Pledged Excise Revenue                                         | CUSIP: 56574CCC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $232755.57    | 0.05%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                         | CUSIP: 57584XPU9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1291629.83   | 0.26%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | Health & Educational Facilities Authority of the State of Missouri               | CUSIP: 60637AHU9<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1205371.20   | 0.25%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTANA ST FAC FIN AUTH HLTH C | Montana Facility Finance Authority                                               | CUSIP: 612043KV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515248.35    | 0.11%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTANA ST BRD OF HSG SF MTGE  | Montana Board of Housing                                                         | CUSIP: 61212WXQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1497270.45   | 0.31%             | 2054-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL  | New York City Transitional Finance Authority Future Tax Secured Revenue          | CUSIP: 64971XDH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040509.90   | 0.21%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NTHRN MN MUNI PWR AGY ELEC SYS | Northern Municipal Power Agency                                                  | CUSIP: 665444LQ6<br>LEI: 254900QIGSDY3UDQ9778 | Long             | DBT              | MUN               | US        |    125000 | PA      | $129579.60    | 0.03%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HORACE ND                      | City of Horace ND                                                                | CUSIP: 440365HS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $510822.35    | 0.10%             | 2049-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN ASSN NONPRO | Idaho Housing & Finance Association                                              | CUSIP: 45129GGZ2<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    340000 | PA      | $254061.12    | 0.05%             | 2042-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N W HARRIS CNTY TX MUNI UTILIT | Northwest Harris County Municipal Utility District No 5/TX                       | CUSIP: 667488QZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $336233.84    | 0.07%             | 2028-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS MO ARPT REVENUE    | City of St Louis MO Airport Revenue                                              | CUSIP: 791638H69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $308889.78    | 0.06%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST HSG CORP MF HSG R | Louisiana Housing Corp                                                           | CUSIP: 54627CBP7<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |    500000 | PA      | $505418.15    | 0.10%             | 2046-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ SCH DIST #83C | Maricopa County School District No 83-Cartwright Elementary                      | CUSIP: 567405KL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $906164.61    | 0.18%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| S WSTRN IL DEV AUTH REV        | Southwestern Illinois Development Authority                                      | CUSIP: 84552YTM3<br>LEI: 549300B1KLLJ8NU5XK71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031387.50   | 0.21%             | 2050-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STUART IA                      | City of Stuart IA                                                                | CUSIP: 863795JX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $680261.73    | 0.14%             | 2026-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP RECR | Maryland Economic Development Corp                                               | CUSIP: 57405EAJ9<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001289.80   | 0.20%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAYERS CA MEMORIAL HOSP DIST   | Mayers Memorial Hospital District                                                | CUSIP: 578037AH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $283024.51    | 0.06%             | 2030-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL HSG FIN AUT | Miami-Dade County Housing Finance Authority                                      | CUSIP: 593344BZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $969138.10    | 0.20%             | 2046-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE   | Michigan Finance Authority                                                       | CUSIP: 59447PYU9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    960000 | PA      | $960151.49    | 0.20%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY       | Minnesota Housing Finance Agency                                                 | CUSIP: 60416UBB0<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    720000 | PA      | $790361.86    | 0.16%             | 2054-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST DEV BANK SPL OB | Mississippi Development Bank                                                     | CUSIP: 60534WJJ8<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100833.00    | 0.02%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST DEV BANK SPL OB | Mississippi Development Bank                                                     | CUSIP: 60534WRD2<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101200.86    | 0.02%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST DEV BANK SPL OB | Mississippi Development Bank                                                     | CUSIP: 60534WT40<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2075300.40   | 0.42%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI JT MUNI ELEC UTILITY  | Missouri Joint Municipal Electric Utility Commission                             | CUSIP: 606092PG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $981335.81    | 0.20%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST FACS AUTH REVENUE    | Oregon State Facilities Authority                                                | CUSIP: 68608JWC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006387.20   | 0.21%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FL EDUCTNL FAC | Palm Beach County Educational Facilities Authority                               | CUSIP: 696506AL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $261461.95    | 0.05%             | 2027-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                            | CUSIP: 70869PHX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $415349.27    | 0.08%             | 2042-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority Parking System Revenue     | CUSIP: 70870EBT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $73325.77     | 0.01%             | 2039-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| POLK CNTY IA                   | County of Polk IA                                                                | CUSIP: 7311972D0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1593283.50   | 0.33%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADAMS CNTY CO SCH DIST #14     | Adams County School District No 14                                               | CUSIP: 005662PJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1095696.70   | 0.22%             | 2042-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R | Arizona Industrial Development Authority                                         | CUSIP: 04052BAK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $215821.04    | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ASHEVILLE NC LIMITED OBLIG     | City of Asheville NC                                                             | CUSIP: 044037CW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $537094.99    | 0.11%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BEATRICE NE AREA SOL WST AGY   | Beatrice Area Solid Waste Agency                                                 | CUSIP: 074116CZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $704494.05    | 0.14%             | 2050-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BEAVER DAM WI UNIF SCH DIST    | Beaver Dam Unified School District                                               | CUSIP: 075147GC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1362745.05   | 0.28%             | 2043-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BELLS TX INDEP SCH DIST        | Bells Independent School District                                                | CUSIP: 079851KK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $726760.10    | 0.15%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROWARD CNTY FL ARPT SYS REVEN | County of Broward FL Airport System Revenue                                      | CUSIP: 114894YJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1556528.25   | 0.32%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP NY REV | Build NYC Resource Corp                                                          | CUSIP: 12008EQY5<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    300000 | PA      | $284556.66    | 0.06%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | Health & Educational Facilities Authority of the State of Missouri               | CUSIP: 60637ATW2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    150000 | PA      | $149886.39    | 0.03%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HSG DEV COMMISSION | Missouri Housing Development Commission                                          | CUSIP: 60637GDG1<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |    485000 | PA      | $532466.76    | 0.11%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION  | Texas Municipal Gas Acquisition and Supply Corp II                               | CUSIP: 88255QAC3<br>LEI: 8E22IH4TQD26WYDGHB25 | Long             | DBT              | MUN               | US        |    145000 | PA      | $145490.56    | 0.03%             | 2027-09-15      | Floating      | 3.94%                 | No            |                  2 | On Loan: No      |
| TOLLES CAREER & TECH CENTER OH | Tolles Career & Technical Center                                                 | CUSIP: 889493AT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1852043.47   | 0.38%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH NY BRIDGE & TUNNEL  | Triborough Bridge & Tunnel Authority                                             | CUSIP: 89602HEM5<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    500000 | PA      | $488642.85    | 0.10%             | 2047-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FIN AUTH SEN | California Public Finance Authority                                              | CUSIP: 13057GAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $296998.90    | 0.06%             | 2029-05-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CAPE CORAL FL UTILITY IMPT ASS | City of Cape Coral FL Water & Sewer Revenue                                      | CUSIP: 13937XER5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045549.70   | 0.21%             | 2054-03-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGY FL REVENUE   | Capital Trust Agency Inc                                                         | CUSIP: 14052WDM6<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    360000 | PA      | $343093.61    | 0.07%             | 2031-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CHILTON CNTY AL HLTH CARE AUTH | Chilton County Health Care Authority                                             | CUSIP: 169309AM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99271.18     | 0.02%             | 2027-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | Colorado Health Facilities Authority                                             | CUSIP: 19648FKS2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    625000 | PA      | $615536.88    | 0.13%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBUS-FRANKLIN CNTY OH FIN  | Columbus-Franklin County Finance Authority                                       | CUSIP: 199097JQ0<br>LEI: 549300NX3ODQN2ETOO82 | Long             | DBT              | MUN               | US        |    660000 | PA      | $661260.34    | 0.13%             | 2045-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LYNNWOOD WA                    | City of Lynnwood WA                                                              | CUSIP: 551681LZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $440177.41    | 0.09%             | 2042-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DFC1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    250000 | PA      | $263403.63    | 0.05%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MARGARETTA OH LOCAL SCH DIST C | Margaretta Local School District                                                 | CUSIP: 566575AU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1644187.36   | 0.34%             | 2050-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HLTH & HGR EDUCTNL | Maryland Health & Higher Educational Facilities Authority                        | CUSIP: 57421CBS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105586.96    | 0.02%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST DEPT OF TRANSPRTN  | State of Maryland Department of Transportation                                   | CUSIP: 57421FBW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016786.40   | 0.21%             | 2049-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST EDUCTNL FING  | Massachusetts Educational Financing Authority                                    | CUSIP: 57563RSJ9<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    280000 | PA      | $238281.82    | 0.05%             | 2037-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MAYERS CA MEMORIAL HOSP DIST   | Mayers Memorial Hospital District                                                | CUSIP: 578037AG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $132980.45    | 0.03%             | 2029-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| HEMPFIELD PA SCH DIST          | Hempfield School District                                                        | CUSIP: 423745M62<br>LEI: 549300EP6K1OLA8FG265 | Long             | DBT              | MUN               | US        |    150000 | PA      | $138166.82    | 0.03%             | 2030-04-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HILLSBORO IL                   | City of Hillsboro IL                                                             | CUSIP: 431794EY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $767939.13    | 0.16%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NY LOCAL DEV CORP R | Huntington Local Development Corp                                                | CUSIP: 446490AS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $205944.14    | 0.04%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN ASSN NONPRO | Idaho Housing & Finance Association                                              | CUSIP: 45129GLC7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    500000 | PA      | $509862.95    | 0.10%             | 2058-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN ASSN NONPRO | Idaho Housing & Finance Association                                              | CUSIP: 45129GLM5<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    450000 | PA      | $423038.07    | 0.09%             | 2039-05-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH HEALTH SV | Illinois Finance Authority                                                       | CUSIP: 452031AM9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    775000 | PA      | $801584.05    | 0.16%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET PIER & EXPOSITION AUTH IL  | Metropolitan Pier & Exposition Authority                                         | CUSIP: 592247FZ8<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $902804.90    | 0.18%             | 2028-06-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SF MT | Michigan State Housing Development Authority                                     | CUSIP: 5946537G6<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |    280000 | PA      | $277065.68    | 0.06%             | 2031-12-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45203HS45<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    300000 | PA      | $299986.23    | 0.06%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JOHNSON & MIAMI CNTYS KS UNIF  | Johnson & Miami Counties Unified School District No 230 Spring Hills             | CUSIP: 478164KY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1585000 | PA      | $1791270.00   | 0.37%             | 2042-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST ECON DEV FIN AUTH  | Kentucky Economic Development Finance Authority                                  | CUSIP: 49126VCJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $182749.58    | 0.04%             | 2027-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNIF SCH DIST   | Los Angeles Unified School District/CA                                           | CUSIP: 544647FG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1535458.20   | 0.31%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MARANA AZ PLEDGED EXCISE TAX R | Town of Marana AZ Pledged Excise Revenue                                         | CUSIP: 56574CCA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $198480.56    | 0.04%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAYVILLE ND                    | City of Mayville ND                                                              | CUSIP: 578660FC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $894910.90    | 0.18%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET PIER & EXPOSITION AUTH IL  | Metropolitan Pier & Exposition Authority                                         | CUSIP: 592247K58<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    700000 | PA      | $472812.20    | 0.10%             | 2034-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE   | Michigan Finance Authority                                                       | CUSIP: 59447TMN0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500134.75    | 0.10%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY       | Minnesota Housing Finance Agency                                                 | CUSIP: 60416SB66<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    230000 | PA      | $231868.50    | 0.05%             | 2049-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST DEV BANK SPL OB | Mississippi Development Bank                                                     | CUSIP: 60534W8C5<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   2563000 | PA      | $1593952.51   | 0.33%             | 2042-06-01      | Fixed         | 1.99%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST DEV FIN BRD INFRAS | Missouri Development Finance Board                                               | CUSIP: 60636SMG6<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1086824.24   | 0.22%             | 2050-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HSG DEV COMMISSION | Missouri Housing Development Commission                                          | CUSIP: 60637GJK6<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084336.10   | 0.22%             | 2056-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY OH HOSP REVENU | County of Montgomery OH                                                          | CUSIP: 613520MY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $92377.14     | 0.02%             | 2034-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY TX MUNI UTILIT | Montgomery County Municipal Utility District No 88                               | CUSIP: 61370LHF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $451272.55    | 0.09%             | 2047-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH REVENUE      | North Texas Tollway Authority                                                    | CUSIP: 66285WCA2<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    600000 | PA      | $416929.32    | 0.09%             | 2035-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | Kentucky Public Energy Authority                                                 | CUSIP: 74440DFN9<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    500000 | PA      | $528577.80    | 0.11%             | 2055-06-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY MD HSG OPPORTU | Montgomery County Housing Opportunities Commission                               | CUSIP: 613352CP6<br>LEI: 549300HDL0LLRHMDL092 | Long             | DBT              | MUN               | US        |    700000 | PA      | $709394.00    | 0.14%             | 2053-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN  | New Hope Cultural Education Facilities Finance Corp                              | CUSIP: 64542UHJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500489.05    | 0.10%             | 2030-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HSG & MTGE FIN A | New Jersey Housing & Mortgage Finance Agency                                     | CUSIP: 646127FF2<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |    492932 | PA      | $480435.27    | 0.10%             | 2063-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS LA AVIATION BRD    | New Orleans Aviation Board                                                       | CUSIP: 64763HGZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1579332.67   | 0.32%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                    | City of New York NY                                                              | CUSIP: 64966QL40<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047638.10   | 0.21%             | 2043-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL  | New York City Transitional Finance Authority Future Tax Secured Revenue          | CUSIP: 64971XDJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036752.30   | 0.21%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY HSG DEV CORP  | New York City Housing Development Corp                                           | CUSIP: 64972EK32<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    500000 | PA      | $492693.55    | 0.10%             | 2060-11-01      | Variable      | 0.90%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY HSG DEV CORP  | New York City Housing Development Corp                                           | CUSIP: 64972ETS8<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $670758.30    | 0.14%             | 2045-11-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HSG FIN AUTH HS | Connecticut Housing Finance Authority                                            | CUSIP: 20775HDM2<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1344364.72   | 0.27%             | 2028-11-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| DEKALB CNTY GA HSG AUTH MF HSG | DeKalb County Housing Authority                                                  | CUSIP: 240471PD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000260.00   | 0.20%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE CNTY OH FIN AUTH TIF  | Delaware County Finance Authority                                                | CUSIP: 24588AAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $655917.14    | 0.13%             | 2038-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| E HEMPFIELD TWP PA INDL DEV AU | East Hempfield Township Industrial Development Authority                         | CUSIP: 273007CH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400943.88    | 0.08%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FAIRFAX CNTY VA REDEV & HSG AU | Fairfax County Redevelopment & Housing Authority                                 | CUSIP: 303835DM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1567080.75   | 0.32%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FAR NORTH FORT WORTH MUNI UTIL | Far North Fort Worth Municipal Utility District No 1                             | CUSIP: 30734CCP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $340135.43    | 0.07%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MTGE CORP MU | Freddie Mac Multifamily ML Certificates                                          | CUSIP: 3137HH6N6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |    497190 | PA      | $434972.56    | 0.09%             | 2038-12-25      | Variable      | 3.16%                 | No            |                  2 | On Loan: No      |
| HORACE ND                      | City of Horace ND                                                                | CUSIP: 440365HH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $482448.85    | 0.10%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HLTH FACS AUTH REVENU | Idaho Health Facilities Authority                                                | CUSIP: 451295H44<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $879808.00    | 0.18%             | 2053-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN ASSN        | Idaho Housing & Finance Association                                              | CUSIP: 45129WMW7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    493071 | PA      | $429348.92    | 0.09%             | 2046-02-21      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH STUDENT H | Illinois Finance Authority                                                       | CUSIP: 45203KAM7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $504136.45    | 0.10%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH NATIO | Arizona Industrial Development Authority                                         | CUSIP: 04052FEM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1743172.20   | 0.36%             | 2053-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INDIANA ST HLTH & EDUCTNL FAC  | Indiana Health & Educational Facilities Financing Authority                      | CUSIP: 454795FH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98764.14     | 0.02%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power Water System Revenue                     | CUSIP: 544525Y69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $687350.45    | 0.14%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP  | Arlington Higher Education Finance Corp                                          | CUSIP: 041806H45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $441181.75    | 0.09%             | 2036-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HSG FIN CORP MF H | Arlington Housing Finance Corp                                                   | CUSIP: 041818AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1832721.30   | 0.37%             | 2041-04-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| LOUDOUN CNTY VA ECON DEV AUTH  | Loudoun County Economic Development Authority                                    | CUSIP: 54589SGH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $421246.29    | 0.09%             | 2036-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH REVENU | Louisiana Public Facilities Authority                                            | CUSIP: 546399LA2<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250780.78    | 0.05%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD REVENUE           | City of Baltimore MD                                                             | CUSIP: 059231L73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2052742.80   | 0.42%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BATESVILLE AR PUBLIC FACS BRD  | Batesville Public Facilities Board                                               | CUSIP: 070668AF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150138.65    | 0.03%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP ECON | Maryland Economic Development Corp                                               | CUSIP: 57420NBX8<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    500000 | PA      | $517397.00    | 0.11%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MATAGORDA CNTY TX NAV DIST #1  | Matagorda County Navigation District No 1                                        | CUSIP: 576528CZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040478.90   | 0.21%             | 2030-05-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM AL SPL CARE FACS FI | Alabama Special Care Facilities Financing Authority-Birmingham AL                | CUSIP: 090929GE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $110114.47    | 0.02%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRAZOS TX HGR EDU AUTH STUDENT | Brazos Higher Education Authority Inc                                            | CUSIP: 10623ABU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $4970.89      | 0.00%             | 2040-04-01      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL TRANSIT SAL | County of Miami-Dade FL Transit System                                           | CUSIP: 59334PKW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2014550.60   | 0.41%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FUND LTD | Michigan Strategic Fund                                                          | CUSIP: 594698QT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $301315.45    | 0.06%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY MUNI CT | California Housing Finance Agency                                                | CUSIP: 13033DAG0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    474122 | PA      | $472330.64    | 0.10%             | 2035-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CANADIAN CNTY OK EDUCTNL FACS  | Canadian County Educational Facilities Authority                                 | CUSIP: 135521DA7<br>LEI: 549300HPRFS0Z66VHS30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077077.10   | 0.22%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TULPEHOCKEN PA SCH DIST        | Tulpehocken Area School District                                                 | CUSIP: 899491NK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507852.65    | 0.10%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI | Washington State Housing Finance Commission                                      | CUSIP: 93978LJN7<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998393.90    | 0.20%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA INDL DEV AUTHS | Chester County Industrial Development Authority                                  | CUSIP: 16559PAS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $142286.66    | 0.03%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU DEDICATE | Chicago Board of Education Dedicated Capital Improvement Tax                     | CUSIP: 167510AX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $407806.84    | 0.08%             | 2034-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WAUSHARA CNTY WI               | County of Waushara WI                                                            | CUSIP: 943445CH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500487.45    | 0.10%             | 2027-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITIZENS MO MEMORIAL HOSP DIST | Citizens Memorial Hospital District                                              | CUSIP: 174762EV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004825.50   | 0.21%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CIVICVENTURES AK               | CIVICVentures/AK                                                                 | CUSIP: 178860BQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200443.60    | 0.04%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST BLDG EXCELLENT SCH | State of Colorado                                                                | CUSIP: 19668QHQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015666.30   | 0.21%             | 2042-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HGR EDU SUPPLEM | Connecticut State Higher Education Supplement Loan Authority                     | CUSIP: 207743XR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $408345.16    | 0.08%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL  | Connecticut State Health & Educational Facilities Authority                      | CUSIP: 20775DQR6<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |     40000 | PA      | $39845.94     | 0.01%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL  | Connecticut State Health & Educational Facilities Authority                      | CUSIP: 20775DXK3<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $997839.00    | 0.20%             | 2049-07-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI DEV BK SPL OBLIG   | Mississippi Development Bank                                                     | CUSIP: 60534XSR8<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011071.50   | 0.21%             | 2052-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A C | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136HAU7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    650000 | PA      | $671542.56    | 0.14%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE CNTY/KANSAS CITY KS  | Wyandotte County-Kansas City Unified Government                                  | CUSIP: 98267LAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $186271.16    | 0.04%             | 2027-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE CNTY KS UNIF SCH DIS | Wyandotte County Unified School District No 500 Kansas City                      | CUSIP: 982696SX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $855839.63    | 0.17%             | 2055-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | Health & Educational Facilities Authority of the State of Missouri               | CUSIP: 60637AXQ0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2531225.00   | 0.52%             | 2052-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORONGO CA UNIF SCH DIST       | Morongo Unified School District                                                  | CUSIP: 617736JQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $183609.04    | 0.04%             | 2041-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NEWARK NJ PKG AUTH LEASE REVEN | Newark Parking Authority/The                                                     | CUSIP: 650392AL7<br>LEI: 549300GCUIIQ6TYN0S75 | Long             | DBT              | MUN               | US        |    340000 | PA      | $342370.41    | 0.07%             | 2051-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST CAPITOL IMPT AUTH  | Oklahoma Capitol Improvement Authority                                           | CUSIP: 678514EL0<br>LEI: 549300LYHYBINTZ5AY71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040777.60   | 0.21%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST                      | State of Oregon                                                                  | CUSIP: 68609UPM1<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    500000 | PA      | $543359.80    | 0.11%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OREGON ST                      | State of Oregon                                                                  | CUSIP: 68609UPN9<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    300000 | PA      | $323533.71    | 0.07%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OREGON ST                      | State of Oregon                                                                  | CUSIP: 68609UPP4<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    275000 | PA      | $295002.92    | 0.06%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712JLX9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $993287.50    | 0.20%             | 2039-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HINDS CNTY MS                  | County of Hinds MS                                                               | CUSIP: 433110PJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $93248.34     | 0.02%             | 2034-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HINDS CNTY MS COPS             | County of Hinds MS                                                               | CUSIP: 433114AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $432275.80    | 0.09%             | 2054-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HOUSTON CNTY AL BRD OF EDU SPL | Houston County Board of Education                                                | CUSIP: 44187RBQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $290736.97    | 0.06%             | 2040-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CUYAHOGA CNTY OH POR | Cleveland-Cuyahoga County Port Authority                                         | CUSIP: 186103LS4<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    350000 | PA      | $357510.76    | 0.07%             | 2052-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DELAWARE CNTY PA VOTECH SCH AU | Delaware County Vocational & Technical School Authority                          | CUSIP: 246053BS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $862131.40    | 0.18%             | 2054-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST HSG AUTH REVENUE   | Delaware State Housing Authority                                                 | CUSIP: 246395C21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $1073814.69   | 0.22%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DENVER CO CITY & CNTY MF HSG R | Denver City & County Housing Authority                                           | CUSIP: 24917QBA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $512053.35    | 0.10%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EHOVE OH JT VOCATIONAL SCH DIS | EHOVE Joint Vocational School District                                           | CUSIP: 282407CE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1863267.84   | 0.38%             | 2050-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EL DORADO CA IRR DIST COPS     | El Dorado Irrigation District                                                    | CUSIP: 283059GJ6<br>LEI: 54930090GZM9I8KVSN04 | Long             | DBT              | MUN               | US        |    300000 | PA      | $315688.11    | 0.06%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily        | Freddie Mac Multifamily ML Certificates                                          | CUSIP: 3137HC2E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    995462 | PA      | $1021622.85   | 0.21%             | 2041-08-25      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP EDU RE | Florida Development Finance Corp                                                 | CUSIP: 34061VAA4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    830000 | PA      | $828234.26    | 0.17%             | 2029-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FORT WORTH TX SPL TAX REVENUE  | City of Fort Worth TX                                                            | CUSIP: 349507DU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1337239.50   | 0.27%             | 2043-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GEORGIA ST MUNI ASSN INC LEASI | Georgia Municipal Association Inc                                                | CUSIP: 373293DM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1318536.18   | 0.27%             | 2055-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOBLES MI PUBLIC SCHS          | Gobles Public Schools                                                            | CUSIP: 380208JJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $871778.53    | 0.18%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRANT CNTY WA                  | County of Grant WA                                                               | CUSIP: 387802GG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $832418.16    | 0.17%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES MI WTR AUTH WTR SP | Great Lakes Water Authority Water Supply System Revenue                          | CUSIP: 39081JBE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009959.40   | 0.21%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GTR ASHEVILLE REGL ARPT AUTH N | Greater Asheville Regional Airport Authority                                     | CUSIP: 39160CAS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515196.40    | 0.11%             | 2047-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GTR GREENVILLE SANTN DIST SC   | Greater Greenville Sanitation District                                           | CUSIP: 391812BF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $922297.70    | 0.19%             | 2055-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GTR ORLANDO FL AVIATION AUTH A | Greater Orlando Aviation Authority                                               | CUSIP: 392274W93<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013207.00   | 0.21%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREENVILLE-SPARTANBURG SC ARPT | Greenville-Spartanburg Airport District                                          | CUSIP: 396613DJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027486.80   | 0.21%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GULFPORT MS HOSP FAC REVENUE   | City of Gulfport MS                                                              | CUSIP: 402682CL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101176.69    | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GWINNETT CNTY GA SCH DIST      | Gwinnett County School District                                                  | CUSIP: 403755V81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1547711.40   | 0.32%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HATBORO-HORSHAM PA SCH DIST    | Hatboro-Horsham School District                                                  | CUSIP: 418780UV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2493681.07   | 0.51%             | 2045-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX HGR EDU FIN CORP UN | Houston Higher Education Finance Corp                                            | CUSIP: 44237QAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $173077.56    | 0.04%             | 2037-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA INDL DEV AU | Montgomery County Industrial Development Authority/PA                            | CUSIP: 61360PAW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.41%             | 2029-11-15      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| MOUNT PLEASANT TX              | City of Mount Pleasant TX                                                        | CUSIP: 622690PS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2125396.25   | 0.43%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUSKOGEE OK INDL TRUST EDUCTNL | Muskogee Industrial Trust                                                        | CUSIP: 62813NBD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $492895.55    | 0.10%             | 2033-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH MUNI CTFS | New Hampshire Business Finance Authority                                         | CUSIP: 63607WAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480299 | PA      | $465084.08    | 0.09%             | 2036-09-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH REVENUE   | New Hampshire Business Finance Authority                                         | CUSIP: 63607YCV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009526.00   | 0.21%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN | New Hampshire Business Finance Authority                                         | CUSIP: 63608TAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $549040.86    | 0.11%             | 2035-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HGR EDU ASSISTAN | New Jersey Higher Education Student Assistance Authority                         | CUSIP: 646080YX3<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2476466.50   | 0.51%             | 2045-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL  | New York City Transitional Finance Authority Building Aid Revenue                | CUSIP: 64972HS86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007186.20   | 0.21%             | 2045-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH   | Ohio Air Quality Development Authority                                           | CUSIP: 677525WU7<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    520000 | PA      | $525506.80    | 0.11%             | 2030-09-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY RSDL MTGE  | Ohio Housing Finance Agency                                                      | CUSIP: 67756QD20<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    800000 | PA      | $573748.24    | 0.12%             | 2045-09-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST WTR RES BRD ST LOA | Oklahoma Water Resources Board                                                   | CUSIP: 67920QW38<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1788062.15   | 0.36%             | 2051-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FL EDUCTNL FAC | Palm Beach County Educational Facilities Authority                               | CUSIP: 696506AM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $271613.63    | 0.06%             | 2028-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RALEIGH NC                     | City of Raleigh NC                                                               | CUSIP: 751091VS5<br>LEI: 549300I7RPBIIRI16112 | Long             | DBT              | MUN               | US        |    500000 | PA      | $533630.70    | 0.11%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCKFORD MI PUBLIC SCH DIST    | Rockford Public Schools                                                          | CUSIP: 773318WV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $530190.65    | 0.11%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT CLAIR MO FIRE PROT DIST  | St Clair Fire Protection District                                                | CUSIP: 788800AY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $724265.75    | 0.15%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SARASOTA CNTY FL UTILITY SYS R | County of Sarasota FL Utility System Revenue                                     | CUSIP: 803321RL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039899.90   | 0.21%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST BUSINESS FIN CO | Mississippi Business Finance Corp                                                | CUSIP: 60528ACB8<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1290000.00   | 0.26%             | 2035-11-01      | Variable      | 2.40%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY OH HLTH CARE F | County of Montgomery OH                                                          | CUSIP: 613518DJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999248.40    | 0.20%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MOULTRIE SHELBY & COLES CNTYS  | Moultrie Shelby & Coles Counties Community Unit School District No 300           | CUSIP: 620433DG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $926179.48    | 0.19%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW MEMPHIS ARENA PUBLIC BLDG  | New Memphis Arena Public Building Authority                                      | CUSIP: 64704CAU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $461700.05    | 0.09%             | 2030-04-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY CITY TRANSITIONAL  | New York City Transitional Finance Authority                                     | CUSIP: 64972JLZ9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1980000 | PA      | $2112876.22   | 0.43%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST ENVRNMNTL FACS COR | New York State Environmental Facilities Corp                                     | CUSIP: 649852AT7<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |    500000 | PA      | $514334.45    | 0.10%             | 2050-09-01      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY AFFORD | New York State Housing Finance Agency                                            | CUSIP: 64987JD99<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    500000 | PA      | $499995.70    | 0.10%             | 2062-11-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| NORTH DAKOTA ST HSG FIN AGY    | North Dakota Housing Finance Agency                                              | CUSIP: 6589093K0<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |    955000 | PA      | $1015481.68   | 0.21%             | 2054-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NTHRN IL UNIV COPS             | Northern Illinois University                                                     | CUSIP: 665238DA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2060427.20   | 0.42%             | 2049-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NTHRN MN MUNI PWR AGY ELEC SYS | Northern Municipal Power Agency                                                  | CUSIP: 665444LR4<br>LEI: 254900QIGSDY3UDQ9778 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103092.59    | 0.02%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST TURNPIKE COMMISSION    | Ohio Turnpike & Infrastructure Commission                                        | CUSIP: 67760HKR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $107915.56    | 0.02%             | 2034-02-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PEND OREILLE CNTY WA PUBLIC UT | Pend Oreille County Public Utility District No 1 Box Canyon                      | CUSIP: 706643DS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $153691.16    | 0.03%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                 | CUSIP: 709224DQ9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    125000 | PA      | $129575.20    | 0.03%             | 2040-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA WTR & WSTWTR R | City of Philadelphia PA Water & Wastewater Revenue                               | CUSIP: 7178933X7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033038.10   | 0.21%             | 2054-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ INDL DEV AUTH LEASE | Industrial Development Authority of the City of Phoenix Arizona/The              | CUSIP: 71885MBU5<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1219582.70   | 0.25%             | 2044-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| POLK CNTY IA                   | County of Polk IA                                                                | CUSIP: 7311972G3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1479904.31   | 0.30%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF GTR CINCINNATI DEV AUT | Port of Greater Cincinnati Development Authority                                 | CUSIP: 734195FA3<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503865.75    | 0.10%             | 2058-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PORT OF GTR CINCINNATI DEV AUT | Port of Greater Cincinnati Development Authority                                 | CUSIP: 734195FB1<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    900000 | PA      | $906958.35    | 0.19%             | 2063-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INGLEWOOD CA UNIF SCH DIST     | Inglewood Unified School District                                                | CUSIP: 457110PJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084698.60   | 0.22%             | 2044-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO                 | City of Kansas City MO                                                           | CUSIP: 484873US1<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |    700000 | PA      | $726125.12    | 0.15%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA                   | County of King WA                                                                | CUSIP: 49474F7A2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $874787.08    | 0.18%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA HSG AUTH          | King County Housing Authority                                                    | CUSIP: 494759PW7<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |    600000 | PA      | $592816.80    | 0.12%             | 2036-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOS ALAMITOS CA UNIF SCH DIST  | Los Alamitos Unified School District                                             | CUSIP: 544204DW7<br>LEI: 549300YJXGV6HPEZKU12 | Long             | DBT              | MUN               | US        |    375000 | PA      | $403778.44    | 0.08%             | 2042-08-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ SCH DIST #83C | Maricopa County School District No 83-Cartwright Elementary                      | CUSIP: 567405KJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $526315.20    | 0.11%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | Kentucky Public Energy Authority                                                 | CUSIP: 74440DEG5<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    525000 | PA      | $540028.86    | 0.11%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CARMEL IN WTRWKS REVENUE       | City of Carmel IN Waterworks Revenue                                             | CUSIP: 143321LN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $356535.88    | 0.07%             | 2043-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA TN HLTH EDUCTNL &H | Chattanooga Health Educational & Housing Facility Board                          | CUSIP: 162410EN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $682021.36    | 0.14%             | 2044-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                     | City of Chicago IL                                                               | CUSIP: 167486U64<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    500000 | PA      | $533324.10    | 0.11%             | 2046-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU          | Chicago Board of Education                                                       | CUSIP: 167501WF8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40599.05     | 0.01%             | 2026-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE     | Port of Seattle WA                                                               | CUSIP: 7353892P2<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1546051.95   | 0.32%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PROVIDENCE RI REDEV AGY REVENU | Providence Redevelopment Agency                                                  | CUSIP: 743940CY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $410247.07    | 0.08%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI HLTHCARE FA | Public Finance Authority                                                         | CUSIP: 74444KAY0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    550000 | PA      | $583342.49    | 0.12%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPARTANBURG CNTY SC SCH DIST # | Spartanburg County School District No 4/SC                                       | CUSIP: 847031CZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037267.30   | 0.21%             | 2052-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STAMFORD CT HSG AUTH           | Stamford Housing Authority                                                       | CUSIP: 852640AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $875638.99    | 0.18%             | 2030-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| STARKVILLE MS WTR & SWR REVENU | City of Starkville MS Water & Sewer System Revenue                               | CUSIP: 855522CL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $397890.71    | 0.08%             | 2039-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAYRE PA HLTH CARE FACS AUTH   | Health Care Facilities Authority of Sayre                                        | CUSIP: 805777JA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $493192.60    | 0.10%             | 2031-12-01      | Floating      | 3.73%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE | South Carolina Jobs-Economic Development Authority                               | CUSIP: 83704AAC6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    140000 | PA      | $140024.32    | 0.03%             | 2030-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A | South Carolina Public Service Authority                                          | CUSIP: 8371514F3<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1570675.95   | 0.32%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STOCKTON CA UNIF SCH DIST      | Stockton Unified School District                                                 | CUSIP: 861419SC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $550233.05    | 0.11%             | 2050-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SUMMIT CNTY OH DEV FIN AUTH PK | Summit County Development Finance Authority                                      | CUSIP: 86607JAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257088.33    | 0.05%             | 2053-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TEXAS ST PUBLIC FIN AUTH REVEN | Texas Public Finance Authority                                                   | CUSIP: 88277PBC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513267.25    | 0.10%             | 2041-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEXAS WTR DEV BRD REVENUE      | Texas Water Development Board                                                    | CUSIP: 88285ADS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1515156.75   | 0.31%             | 2048-10-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UTAH ST HSG CORP               | Utah Housing Corp                                                                | CUSIP: 91743PEP6<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    556080 | PA      | $578433.21    | 0.12%             | 2052-12-21      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VAIL HOME PARTNERS CORP CO HSG | Vail Home Partners Corp                                                          | CUSIP: 91879VAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1248660.25   | 0.25%             | 2055-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VERNON CA ELEC SYS REVENUE     | City of Vernon CA Electric System Revenue                                        | CUSIP: 924397ER9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500587.35    | 0.10%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST SMALL BUSINESS FIN | Virginia Small Business Financing Authority                                      | CUSIP: 928104MU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1436327.48   | 0.29%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRIDIAN TX MUNI MGMT DIST ASS | Viridian Municipal Management District                                           | CUSIP: 92823UAX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $379756.01    | 0.08%             | 2049-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WARREN CNTY MO REORG SCH DIST# | Warren County School District No R-III                                           | CUSIP: 935069GU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1100166.18   | 0.22%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                  | State of Washington                                                              | CUSIP: 93974EZE9<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030673.10   | 0.21%             | 2045-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST MEMPHIS AR PUBLIC UTILITY | City of West Memphis AR Public Utility System Revenue                            | CUSIP: 954345FS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $291329.51    | 0.06%             | 2041-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WHATCOM CNTY WA PUBLIC UTIL DI | Whatcom County Public Utility District No 1                                      | CUSIP: 962468FP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065769.70   | 0.22%             | 2037-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH POLL CO | Development Authority of Burke County/The                                        | CUSIP: 121342NL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $302111.75    | 0.06%             | 2052-01-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY MUNI CT | California Housing Finance Agency                                                | CUSIP: 13033DAL9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    490929 | PA      | $490578.56    | 0.10%             | 2036-09-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PUBLIC FIN AUTH SEN | California Public Finance Authority                                              | CUSIP: 13057GAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $121439.32    | 0.02%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| COLORADO ST BRIDGE ENTERPRISE  | Colorado Bridge Enterprise                                                       | CUSIP: 19633SAS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $752211.08    | 0.15%             | 2030-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST EDUCTNL & CULTURAL | Colorado Educational & Cultural Facilities Authority                             | CUSIP: 19645RP39<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    420000 | PA      | $379266.55    | 0.08%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | Colorado Health Facilities Authority                                             | CUSIP: 19648FTK0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    300000 | PA      | $286615.44    | 0.06%             | 2030-05-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DELAWARE CNTY PA REGL WTR QUAL | Delaware County Regional Water Quality Control Authority                         | CUSIP: 246045NF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $759690.30    | 0.16%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA INCOME TAX SE | District of Columbia Income Tax Revenue                                          | CUSIP: 25477GUV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050813.30   | 0.21%             | 2047-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN REVITALIZATION PUBLIC | Downtown Revitalization Public Infrastructure District                           | CUSIP: 26118TAP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $615557.16    | 0.13%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MTGE CORP MU | Freddie Mac Multifamily ML Certificates                                          | CUSIP: 3137H9JM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |    700740 | PA      | $646582.95    | 0.13%             | 2036-07-25      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MTGE CORP MU | Freddie Mac Multifamily ML Certificates                                          | CUSIP: 3137HASQ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   1368132 | PA      | $1142314.67   | 0.23%             | 2037-09-25      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| FULSHEAR MUNI UTILITY DIST NO  | Fulshear Municipal Utility District No 3A                                        | CUSIP: 35986CPA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $189282.90    | 0.04%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GLENDALE AZ INDL DEV AUTH SENI | Glendale Industrial Development Authority                                        | CUSIP: 378287AS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $228024.74    | 0.05%             | 2027-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAMILTON CNTY & CHATTANOOGA SP | Hamilton County & Chattanooga Sports Authority                                   | CUSIP: 407081AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1109996.90   | 0.23%             | 2055-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HEBER SPRINGS AR SALES & USE T | City of Heber Springs AR Sales & Use Tax                                         | CUSIP: 422503CJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $58415.02     | 0.01%             | 2047-06-01      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| DEERFIELD WI CMNTY SCH DIST    | Deerfield Community School District                                              | CUSIP: 244599EC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014885.90   | 0.21%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FARMVILLE VA INDL DEV AUTH FAC | Farmville Industrial Development Authority                                       | CUSIP: 311617BF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $153617.13    | 0.03%             | 2053-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FAYETTEVILLE NC ST UNIV        | Fayetteville State University                                                    | CUSIP: 312810EW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005915.20   | 0.21%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MTGE CORP MF | FHLMC Multifamily VRD Certificates                                               | CUSIP: 31350ACS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $406330.10    | 0.08%             | 2035-06-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MTGE CORP MU | Freddie Mac Multifamily ML Certificates                                          | CUSIP: 3137HA4G8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |    490152 | PA      | $471086.31    | 0.10%             | 2040-01-25      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| FLAT ROCK MI CMNTY SCH DIST    | Flat Rock Community School District                                              | CUSIP: 338639JS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $363682.52    | 0.07%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST HSG FIN CORP MF MTG | Florida Housing Finance Corp                                                     | CUSIP: 34074HGN6<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    453695 | PA      | $360948.91    | 0.07%             | 2036-07-01      | Fixed         | 2.33%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST HSG FIN CORP REVENU | Florida Housing Finance Corp                                                     | CUSIP: 34074MSH5<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |     40000 | PA      | $37070.74     | 0.01%             | 2045-01-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FORT BEND TX INDEP SCH DIST    | Fort Bend Independent School District                                            | CUSIP: 346843VT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018515.90   | 0.21%             | 2054-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| FORT LAUDERDALE FL WTR & SWR R | City of Fort Lauderdale FL Water & Sewer Revenue                                 | CUSIP: 347658ZX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $590427.42    | 0.12%             | 2048-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FOUR LAKES SPL ASSMNT DIST MI  | Four Lakes Special Assessment District                                           | CUSIP: 35088BAM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2287919.10   | 0.47%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRASER MI PUBLIC SCHS DIST     | Fraser Public School District                                                    | CUSIP: 355514PN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $430197.28    | 0.09%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRASER MI PUBLIC SCHS DIST     | Fraser Public School District                                                    | CUSIP: 355514PP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $192135.58    | 0.04%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GARRARD CNTY KY SCH DIST FIN C | Garrard County School District Finance Corp                                      | CUSIP: 366375PM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $854793.32    | 0.17%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GLENDALE AZ INDL DEV AUTH      | Glendale Industrial Development Authority                                        | CUSIP: 378286KU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $596080.55    | 0.12%             | 2033-07-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| GRAND TRAVERSE CNTY MI HOSP FI | Grand Traverse County Hospital Finance Authority                                 | CUSIP: 386523GW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $712153.64    | 0.15%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GTR ORLANDO FL AVIATION AUTH A | Greater Orlando Aviation Authority                                               | CUSIP: 3922743X2<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001512.00   | 0.20%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX CULTURAL EDU FA | Harris County Cultural Education Facilities Finance Corp                         | CUSIP: 414008CZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2997688.12   | 0.61%             | 2054-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HGR EDU FACS FING AUTH FL HGR  | Florida Higher Educational Facilities Financing Authority                        | CUSIP: 42982GAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $997760.40    | 0.20%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HIGHLANDS PA SCH DIST          | Highlands School District                                                        | CUSIP: 431095MS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $663250.26    | 0.14%             | 2032-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILLSBORO IL                   | City of Hillsboro IL                                                             | CUSIP: 431794EX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $934758.00    | 0.19%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                         | CUSIP: 57584YD89<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50033.50     | 0.01%             | 2025-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MCKEESPORT PA AREA SCH DIST    | Mckeesport Area School District                                                  | CUSIP: 581408RX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $280223.80    | 0.06%             | 2033-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY       | Minnesota Housing Finance Agency                                                 | CUSIP: 60416TQ50<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    485000 | PA      | $476619.39    | 0.10%             | 2043-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI DEV BK SPL OBLIG   | Mississippi Development Bank                                                     | CUSIP: 60534XJD9<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $819238.20    | 0.17%             | 2031-07-01      | Fixed         | 1.48%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI DEV BK SPL OBLIG   | Mississippi Development Bank                                                     | CUSIP: 60534XWK8<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    360000 | PA      | $315235.55    | 0.06%             | 2044-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | Health & Educational Facilities Authority of the State of Missouri               | CUSIP: 60636AWH2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    500000 | PA      | $496123.30    | 0.10%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOBILE AL                      | City of Mobile AL                                                                | CUSIP: 6071144C6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1608028.65   | 0.33%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOBILE AL INDL DEV BRD POLL CO | Industrial Development Board of the City of Mobile Alabama                       | CUSIP: 607167DV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $601825.32    | 0.12%             | 2034-06-01      | Variable      | 3.92%                 | No            |                  2 | On Loan: No      |
| MONARCH-CHESTERFIELD MO LEVEE  | Monarch-Chesterfield Levee District                                              | CUSIP: 609040FZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $912751.50    | 0.19%             | 2044-03-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Federated Institutional Tax-Fr | Federated Institutional Tax-Free Cash Trust                                      | CUSIP: 60934N666<br>LEI: 254900WXT2EYU7K33C03 | Long             | STIV             | RF                | US        |   3684046 | NS      | $3684045.54   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| MUSKOGEE OK INDL TRUST EDUCTNL | Muskogee Industrial Trust                                                        | CUSIP: 62813NBC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $248777.65    | 0.05%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW CANEY TX INDEP SCH DIST    | New Caney Independent School District                                            | CUSIP: 643154LB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $510071.15    | 0.10%             | 2050-02-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE ST HLTH & EDU FA | New Hampshire Health and Education Facilities Authority Act                      | CUSIP: 64461XDN2<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    450000 | PA      | $458904.51    | 0.09%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE ST BUSINESS FINA | New Hampshire Business Finance Authority                                         | CUSIP: 64468CBS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023622.40   | 0.21%             | 2033-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY HSG DEV CORP  | New York City Housing Development Corp                                           | CUSIP: 64972KKJ3<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2024218.00   | 0.41%             | 2064-11-01      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| N CENTRL TEXAS ST HLTH FAC DEV | North Central Texas Health Facility Development Corp                             | CUSIP: 658546QN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $179565.61    | 0.04%             | 2026-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| OKEMOS MI PUBLIC SCH DIST      | Okemos Public Schools                                                            | CUSIP: 678467PB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $423029.52    | 0.09%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONONDAGA NY CIVIC DEV CORP     | Onondaga Civic Development Corp                                                  | CUSIP: 682832DU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $437285.47    | 0.09%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON COAST OR CMNTY CLG DIST | Oregon Coast Community College District                                          | CUSIP: 68583NCM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $366112.99    | 0.07%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORLAND CA JT UNIF SCH DIST     | Orland Unified School District                                                   | CUSIP: 68633RCA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $201174.97    | 0.04%             | 2047-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                 | CUSIP: 709224AY5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1329667.90   | 0.27%             | 2041-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL  | Philadelphia Authority for Industrial Development                                | CUSIP: 71780CBN9<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    485000 | PA      | $495355.62    | 0.10%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL  | Philadelphia Authority for Industrial Development                                | CUSIP: 71780TBL6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    250000 | PA      | $246021.68    | 0.05%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA ARPT REVENUE   | City of Philadelphia PA Airport Revenue                                          | CUSIP: 717817UE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $762956.85    | 0.16%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT BELLINGHAM WA             | Port of Bellingham WA                                                            | CUSIP: 733624GJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $245661.83    | 0.05%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT BELLINGHAM WA             | Port of Bellingham WA                                                            | CUSIP: 733624GK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $644720.22    | 0.13%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF MORROW OR              | Port of Morrow OR                                                                | CUSIP: 73473RFG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000901.10   | 0.20%             | 2026-10-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SAINT CLAIR MO FIRE PROT DIST  | St Clair Fire Protection District                                                | CUSIP: 788800AX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $522774.05    | 0.11%             | 2040-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST JOHNS CNTY HSF FIN AUTH     | St Johns County Housing Finance Authority                                        | CUSIP: 79039AAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $498802.35    | 0.10%             | 2028-12-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS MO MUNI FIN CORP   | St Louis Municipal Finance Corp                                                  | CUSIP: 79165TUC3<br>LEI: 549300CR13DAYKUKQN03 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005085.50   | 0.21%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALEM OR HOSP FAC AUTH REVENUE | Salem Hospital Facility Authority                                                | CUSIP: 794458FP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52233.79     | 0.01%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCHENECTADY CNTY NY CAPITAL RE | Schenectady County Capital Resource Corp                                         | CUSIP: 806418BF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $359197.41    | 0.07%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STHRN IL UNIV COPS             | Southern Illinois University                                                     | CUSIP: 843142CZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1152551.28   | 0.24%             | 2050-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STATE PUBLIC SCH BLDG AUTH PA  | State Public School Building Authority                                           | CUSIP: 85732GUH1<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1519051.05   | 0.31%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUMNER WA WTR & SWR REVENUE    | City of Sumner WA Water & Sewer Revenue                                          | CUSIP: 866465JQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $214579.20    | 0.04%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX HOSP DIST      | Tarrant County Hospital District                                                 | CUSIP: 876387EZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $229103.55    | 0.05%             | 2043-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F | Tarrant County Cultural Education Facilities Finance Corp                        | CUSIP: 87638RJT5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    150000 | PA      | $148824.26    | 0.03%             | 2025-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F | Tarrant County Cultural Education Facilities Finance Corp                        | CUSIP: 87638TGP2<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501361.10   | 0.31%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP TN GAS REVENUE   | Tennergy Corp/TN                                                                 | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |    400000 | PA      | $419825.16    | 0.09%             | 2053-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| TEXAS ST AFFORDABLE HSG CORP S | Texas State Affordable Housing Corp                                              | CUSIP: 88271HJU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $1080380.37   | 0.22%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST DEPT OF HSG & CMNTY A | Texas Department of Housing & Community Affairs                                  | CUSIP: 88275FRC5<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |    655000 | PA      | $538888.61    | 0.11%             | 2049-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UNIV OF CALIFORNIA CA RGTS MED | Regents of the University of California Medical Center Pooled Revenue            | CUSIP: 913366KP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $344932.76    | 0.07%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF AKRON OH               | University of Akron/The                                                          | CUSIP: 914023LN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004644.40   | 0.21%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VANCOUVER WA HSG AUTH          | Vancouver Housing Authority                                                      | CUSIP: 921626PU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $969421.80    | 0.20%             | 2038-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL MIDWAY ARPT REVENUE | Chicago Midway International Airport                                             | CUSIP: 167562SY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511912.50    | 0.10%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A C | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136HAB9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    300000 | PA      | $310837.35    | 0.06%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPALDING CNTY GA WTR & SEWERAG | Spalding County Water & Sewer Facilities Authority                               | CUSIP: 846378EE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1860944.06   | 0.38%             | 2050-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| STARKVILLE MS WTR & SWR REVENU | City of Starkville MS Water & Sewer System Revenue                               | CUSIP: 855522CM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $385966.28    | 0.08%             | 2040-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STATE PUBLIC SCH BLDG AUTH PAS | State Public School Building Authority                                           | CUSIP: 85732TLW0<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |    200000 | PA      | $169038.14    | 0.03%             | 2030-05-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| STEELTON HIGHSPIRE PA SCH DIST | Steelton-Highspire School District                                               | CUSIP: 858292HE8<br>LEI: 549300HB6R4PHNRLCN40 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002149.90   | 0.20%             | 2026-06-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SUMMIT CNTY OH DEV FIN AUTH RE | Summit County Development Finance Authority                                      | CUSIP: 86607CJG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $732597.17    | 0.15%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUMNER WA WTR & SWR REVENUE    | City of Sumner WA Water & Sewer Revenue                                          | CUSIP: 866465JR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $201535.45    | 0.04%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TAMPA FL WTR & WSTWTR SYS REVE | City of Tampa FL Water & Wastewater System Revenue                               | CUSIP: 875291BP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $775032.08    | 0.16%             | 2057-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION& | Texas Municipal Gas Acquisition & Supply Corp IV                                 | CUSIP: 88256PAT7<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |    500000 | PA      | $548436.20    | 0.11%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION  | Texas Municipal Gas Acquisition & Supply Corp V                                  | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1062949.90   | 0.22%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV CITY MO INDL DEV AUTH TAX | University City Industrial Development Authority                                 | CUSIP: 91414PAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $484921.50    | 0.10%             | 2042-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNIV OF SOUTH ALABAMA AL UNIV  | University of South Alabama                                                      | CUSIP: 914845QK1<br>LEI: 549300U394SOV3NGG049 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019475.80   | 0.21%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH ST HSG CORP               | Utah Housing Corp                                                                | CUSIP: 91743PEJ0<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   1326303 | PA      | $1281963.61   | 0.26%             | 2052-10-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UTAH ST HSG CORP               | Utah Housing Corp                                                                | CUSIP: 91743PET8<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    386000 | PA      | $407345.82    | 0.08%             | 2053-05-21      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE-MECKLENBURG NC HOSPA | Charlotte-Mecklenburg Hospital Authority/The                                     | CUSIP: 160853UL9<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.41%             | 2048-01-15      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE BAY VA BRIDGE & TUN | Chesapeake Bay Bridge & Tunnel District                                          | CUSIP: 165141CB6<br>LEI: 549300JGWE66ZSSOYN09 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350000.00    | 0.07%             | 2025-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST DEV BANK SPL OB | Mississippi Development Bank                                                     | CUSIP: 60534WJK5<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50266.34     | 0.01%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT CLAIR CNTY IL SCH DIST # | St Clair County School District No 118 Belleville                                | CUSIP: 788448JY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1230385.28   | 0.25%             | 2037-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VAUXMONT MET DIST CO           | Vauxmont Metropolitan District                                                   | CUSIP: 92242SAN3<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    131000 | PA      | $97760.24     | 0.02%             | 2050-12-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VIRGINIA MN                    | City of Virginia MN                                                              | CUSIP: 9278724M0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000859.80   | 0.20%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRIDIAN TX MUNI MGMT DIST     | Viridian Municipal Management District                                           | CUSIP: 92823PRH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201421.46    | 0.04%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WALLED LAKE MI CONSOL SCH DIST | Walled Lake Consolidated School District                                         | CUSIP: 932423WT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011242.60   | 0.21%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HLTH CARE FACS A | Washington Health Care Facilities Authority                                      | CUSIP: 93978HTQ8<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    300000 | PA      | $302752.74    | 0.06%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALINE MI AREA SCHS            | Saline Area Schools                                                              | CUSIP: 795200MJ0<br>LEI: 549300COVKKGR0VUE860 | Long             | DBT              | MUN               | US        |    650000 | PA      | $693437.68    | 0.14%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY &CNTY | San Francisco City & County Airport Comm-San Francisco International Airport     | CUSIP: 79766DVY2<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051731.90   | 0.21%             | 2048-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SAN YSIDRO CA SCH DIST         | San Ysidro School District                                                       | CUSIP: 799561JS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $481555.56    | 0.10%             | 2031-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE | South Carolina Jobs-Economic Development Authority                               | CUSIP: 83704AAE2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151853.66    | 0.03%             | 2033-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WINNEBAGO CNTY IL SCH DIST #32 | Winnebago County Community Unit School District No 320 South Beloit              | CUSIP: 974569DY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $433805.36    | 0.09%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712DGR1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300076.32    | 0.06%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712JGT4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    250000 | PA      | $259058.58    | 0.05%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEEDLES CA UNIF SCH DIST       | Needles Unified School District                                                  | CUSIP: 640023EF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $692505.80    | 0.14%             | 2041-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE ST BUSINESS FIN  | New Hampshire Business Finance Authority                                         | CUSIP: 644684HF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $494934.40    | 0.10%             | 2050-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP REV | Empire State Development Corp                                                    | CUSIP: 6500356T0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1554328.95   | 0.32%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PASCO CNTY FL CAPITAL IMPT CIG | County of Pasco FL                                                               | CUSIP: 70252AAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501004.50    | 0.10%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                 | CUSIP: 709224DP1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51933.44     | 0.01%             | 2039-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PETTIS CNTY MO SCH DIST SEDALI | Pettis County School District No 200 Sedalia                                     | CUSIP: 716787FP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003907.60   | 0.20%             | 2046-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA ARPT REVENUE   | City of Philadelphia PA Airport Revenue                                          | CUSIP: 717817UD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $765815.63    | 0.16%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST STUDENT LOAN A | Rhode Island Student Loan Authority                                              | CUSIP: 762323DQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056833.40   | 0.22%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROSEMONT IL                    | Village of Rosemont IL                                                           | CUSIP: 777543YL7<br>LEI: 5493007BOTZDVXZYCM52 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014147.90   | 0.21%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERMONT ST STUDENT ASSISTANCEC | Vermont Student Assistance Corp                                                  | CUSIP: 92428CNR1<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1356731.87   | 0.28%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST SMALL BUSINESS FIN | Virginia Small Business Financing Authority                                      | CUSIP: 928104LZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $520984.05    | 0.11%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HLTH CARE FACS A | Washington Health Care Facilities Authority                                      | CUSIP: 93978HSR7<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1325656.67   | 0.27%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI | Washington State Housing Finance Commission                                      | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    995506 | PA      | $934586.33    | 0.19%             | 2040-03-20      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| WELD CNTY CO SCH DIST #RE-4    | Weld County School District No RE-4                                              | CUSIP: 949232FB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042942.40   | 0.21%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALASKA ST MUNI BOND BANK AUTH  | Alaska Municipal Bond Bank Authority                                             | CUSIP: 01179R6V0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $588522.35    | 0.12%             | 2045-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE AK PORT REVENUE      | Municipality of Anchorage AK                                                     | CUSIP: 033252BV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $516439.80    | 0.11%             | 2045-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARCADIA WI                     | City of Arcadia WI                                                               | CUSIP: 039223EJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $235702.54    | 0.05%             | 2027-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R | Arizona Industrial Development Authority                                         | CUSIP: 04052BGY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $186318.20    | 0.04%             | 2028-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R | Arizona Industrial Development Authority                                         | CUSIP: 04052BMA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $221084.28    | 0.05%             | 2030-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVENUES | New York State Dormitory Authority                                               | CUSIP: 65000B7W2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050349.00   | 0.21%             | 2044-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEWARK NJ PKG AUTH LEASE REVEN | Newark Parking Authority/The                                                     | CUSIP: 650392AK9<br>LEI: 549300GCUIIQ6TYN0S75 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201462.90    | 0.04%             | 2043-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NOBLESVILLE IN CMNTY DEV CORP  | Noblesville Community Development Corp                                           | CUSIP: 65515ABW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1884864.32   | 0.38%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST HSG FIN AGY  | North Carolina Housing Finance Agency                                            | CUSIP: 658207ZU2<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |    460000 | PA      | $361090.02    | 0.07%             | 2040-07-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF HSG REV | Ohio Housing Finance Agency                                                      | CUSIP: 676900WF6<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500281.75    | 0.10%             | 2026-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF TAX-EXE | Ohio Housing Finance Agency                                                      | CUSIP: 67737RAF6<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $990340.60    | 0.20%             | 2043-01-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| OKEMOS MI PUBLIC SCH DIST      | Okemos Public Schools                                                            | CUSIP: 678467PA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $320960.52    | 0.07%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONONDAGA NY CIVIC DEV CORP     | Onondaga Civic Development Corp                                                  | CUSIP: 682832DT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $158064.59    | 0.03%             | 2035-10-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| OREGON COAST OR CMNTY CLG DIST | Oregon Coast Community College District                                          | CUSIP: 68583NCN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $442695.17    | 0.09%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PEFA INC IA GAS PROJ REVENUE   | PEFA Inc                                                                         | CUSIP: 70556CAB0<br>LEI: 549300RSE249DJNRHY07 | Long             | DBT              | MUN               | US        |    730000 | PA      | $738908.04    | 0.15%             | 2049-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALG | Black Belt Energy Gas District                                                   | CUSIP: 09182RAR2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100087.14    | 0.02%             | 2049-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| BOONVILLE MO SCH DIST #R-1     | Boonville School District No R-1/MO                                              | CUSIP: 099365FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1636456.32   | 0.33%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRAZORIA CNTY TX TOLL ROAD AUT | Brazoria County Toll Road Authority                                              | CUSIP: 106134AL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $128748.46    | 0.03%             | 2038-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH POLL CO | Development Authority of Burke County/The                                        | CUSIP: 121342MW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.41%             | 2049-07-01      | Variable      | 2.55%                 | No            |                  2 | On Loan: No      |
| HOWARD-SUAMICO WI SCH DIST     | Howard-Suamico School District/WI                                                | CUSIP: 442841MP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $655160.93    | 0.13%             | 2031-03-01      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204FWQ4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    350000 | PA      | $359146.66    | 0.07%             | 2049-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH REVENUE       | Iowa Finance Authority                                                           | CUSIP: 46247SCY8<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    250000 | PA      | $231454.53    | 0.05%             | 2032-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL SWR REVENUE  | County of Jefferson AL Sewer Revenue                                             | CUSIP: 472682ZR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011085.80   | 0.21%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO                 | City of Kansas City MO                                                           | CUSIP: 484873UR3<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |    600000 | PA      | $627731.34    | 0.13%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENDALL CNTY TX WC&ID #2A      | Kendall County Water Control & Improvement District No 2A                        | CUSIP: 48872TJC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $513485.80    | 0.10%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KEWASKUM WI                    | Village of Kewaskum WI                                                           | CUSIP: 492800FM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $608596.07    | 0.12%             | 2038-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LAKE CNTY IL CMNTY UNIT SCH DI | Lake County Community Unit School District No 187 North Chicago                  | CUSIP: 509262FV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $671197.25    | 0.14%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A | City of Los Angeles Department of Airports                                       | CUSIP: 5444452H1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1571284.95   | 0.32%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE & JEFFERSON CNTY KY | Louisville/Jefferson County Metropolitan Government                              | CUSIP: 54659LBQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1298233.73   | 0.26%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA                   | County of King WA                                                                | CUSIP: 49474F6Z8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $836700.77    | 0.17%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LA PLATA CNTY CO SCH DIST #9-R | Durango School District No 9-R                                                   | CUSIP: 503768NV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064986.50   | 0.22%             | 2044-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power Water System Revenue                     | CUSIP: 544525XF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $538373.57    | 0.11%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAGNOLIA TX SPL ASSMNT REVENUE | City of Magnolia TX                                                              | CUSIP: 559687AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $47345.18     | 0.01%             | 2046-09-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DDH2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1034635.92   | 0.21%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    350000 | PA      | $363324.26    | 0.07%             | 2052-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST EDUCTNL FING  | Massachusetts Educational Financing Authority                                    | CUSIP: 57563RTU3<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    400000 | PA      | $393221.92    | 0.08%             | 2044-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                         | CUSIP: 57584YAH2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $490788.90    | 0.10%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MCKINNEY TX MUNI UTILITY DIST  | Mckinney Municipal Utility District No 1                                         | CUSIP: 581732QR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $247166.53    | 0.05%             | 2034-09-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MET PIER & EXPOSITION AUTH IL  | Metropolitan Pier & Exposition Authority                                         | CUSIP: 592250CX0<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    150000 | PA      | $105886.11    | 0.02%             | 2042-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST                   | State of Minnesota                                                               | CUSIP: 60412AHM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016868.30   | 0.21%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | Kentucky Public Energy Authority                                                 | CUSIP: 74440DCZ5<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251023.05    | 0.05%             | 2050-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN-BERGSTROM LANDHOST ENTE | Austin-Bergstrom Landhost Enterprises Inc                                        | CUSIP: 052193AV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101415.17    | 0.02%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX INDEP SCH DIST       | Austin Independent School District                                               | CUSIP: 052430WE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1517817.00   | 0.31%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A | California Community Choice Financing Authority                                  | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    200000 | PA      | $209584.32    | 0.04%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST UNIV REVENUE     | California State University                                                      | CUSIP: 13077DSZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750474.53    | 0.15%             | 2051-11-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| CARMEL IN REDEV AUTH           | Carmel Redevelopment Authority                                                   | CUSIP: 143293DC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $483474.38    | 0.10%             | 2044-01-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| COLLIN CNTY TX MUNI UTILITY DI | Collin County Municipal Utility District No 2                                    | CUSIP: 19474PFP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021220.80   | 0.21%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST EDUCTNL & CULTURAL | Colorado Educational & Cultural Facilities Authority                             | CUSIP: 19645R8B0<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76237.10     | 0.02%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST EDUCTNL & CULTURAL | Colorado Educational & Cultural Facilities Authority                             | CUSIP: 19645RN98<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    350000 | PA      | $328591.27    | 0.07%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOS CNTY OR SCH DIST #9 COOS  | Coos County School District No 9 Coos Bay                                        | CUSIP: 21709EBP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008419.20   | 0.21%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST HSG DEV AUTH REVEN | Illinois Housing Development Authority                                           | CUSIP: 45203MK34<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2691659.28   | 0.55%             | 2055-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204FYC3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1196649.96   | 0.24%             | 2044-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH HLTH SYS R | Indiana Finance Authority                                                        | CUSIP: 45470YGE5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088705.50   | 0.22%             | 2063-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CITY MO SCH DIST     | Jefferson City School District/MO                                                | CUSIP: 472538MH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1323546.63   | 0.27%             | 2044-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO SPL OBLG        | City of Kansas City MO                                                           | CUSIP: 485106DW5<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |    635000 | PA      | $550852.53    | 0.11%             | 2029-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SISKIYOU CA CMNTY CLG DIST     | Siskiyou Community College District                                              | CUSIP: 829689BK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $195522.60    | 0.04%             | 2031-08-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SNOHOMISH CNTY WA HSG AUTH     | Snohomish County Housing Authority                                               | CUSIP: 83309AGJ4<br>LEI: 549300FESB68D2IR7250 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500622.20    | 0.10%             | 2033-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH DAKOTA ST HLTH & EDUCTNL | South Dakota Health & Educational Facilities Authority                           | CUSIP: 83755VWA8<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |    580000 | PA      | $579971.75    | 0.12%             | 2034-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH AL COMMO | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136FBL0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    250000 | PA      | $266773.18    | 0.05%             | 2053-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| SPALDING CNTY GA WTR & SEWERAG | Spalding County Water & Sewer Facilities Authority                               | CUSIP: 846378ED5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $207235.50    | 0.04%             | 2045-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALABAMA ST PORT AUTH DOCKS FAC | State of Alabama Docks Department                                                | CUSIP: 010604CE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016532.10   | 0.21%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLEGAN MI PUBLIC SCH DIST     | Allegan Public School District                                                   | CUSIP: 017014MY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $271666.20    | 0.06%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD WC&ID TX DENTON CNT | Brookfield Water Control & Improvement District                                  | CUSIP: 112898DA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $855620.00    | 0.17%             | 2049-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BROOKLYN OH CITY SCH DIST      | Brooklyn City School District                                                    | CUSIP: 114205FD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1534293.15   | 0.31%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A | California Community Choice Financing Authority                                  | CUSIP: 13013JFW1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072011.00   | 0.22%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CAPE CORAL FL WTR & SWR REVENU | City of Cape Coral FL Water & Sewer Revenue                                      | CUSIP: 139372SL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $772763.70    | 0.16%             | 2048-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                     | City of Chicago IL                                                               | CUSIP: 167484SS4<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    100000 | PA      | $95316.34     | 0.02%             | 2027-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL MIDWAY ARPT REVENUE | Chicago Midway International Airport                                             | CUSIP: 167562QG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $367209.31    | 0.07%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WSTWTR TRANSMISSION | City of Chicago IL Wastewater Transmission Revenue                               | CUSIP: 167727J64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1293241.63   | 0.26%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND OH MUNI SCH DIST     | Cleveland Municipal School District                                              | CUSIP: 186392FE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $779448.23    | 0.16%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX HOSP DIST REVEN | Harris County Hospital District                                                  | CUSIP: 41415WBT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1185000.00   | 0.24%             | 2042-02-15      | Variable      | 1.97%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH | Maricopa County Industrial Development Authority                                 | CUSIP: 56678PAT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1502543.40   | 0.31%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST               | Commonwealth of Massachusetts                                                    | CUSIP: 57582RMX1<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2023571.20   | 0.41%             | 2047-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                         | CUSIP: 57583RJG1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    775000 | PA      | $798347.73    | 0.16%             | 2033-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON  | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | CUSIP: 592029CM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $697167.80    | 0.14%             | 2053-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSONC | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | CUSIP: 592041WG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1472697.53   | 0.30%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSONC | Metropolitan Government Nashville & Davidson County Sports Authority             | CUSIP: 592090LF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $551372.50    | 0.11%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET PIER & EXPOSITION AUTH IL  | Metropolitan Pier & Exposition Authority                                         | CUSIP: 592247GA2<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    100000 | PA      | $86905.15     | 0.02%             | 2029-06-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MET PIER & EXPOSITION AUTH IL  | Metropolitan Pier & Exposition Authority                                         | CUSIP: 592250DU5<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $780402.90    | 0.16%             | 2037-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL SPL OBLIG   | County of Miami-Dade FL                                                          | CUSIP: 59333NN82<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   2335000 | PA      | $1065124.26   | 0.22%             | 2042-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE   | Michigan Finance Authority                                                       | CUSIP: 59447TAX1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1010432.79   | 0.21%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST DEV BANK SPL OB | Mississippi Development Bank                                                     | CUSIP: 60534WU97<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |     85000 | PA      | $89207.15     | 0.02%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY NY INDL DEV AGY MF | Monroe County Industrial Development Corp                                        | CUSIP: 610758AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985285 | PA      | $989708.26    | 0.20%             | 2040-11-01      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PQS7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    460000 | PA      | $440211.08    | 0.09%             | 2029-01-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI SENIOR LIVI | Public Finance Authority                                                         | CUSIP: 74443UAS2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251053.00    | 0.05%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT JOSEPH CNTY IN ARPT AUTH | St Joseph County Airport Authority                                               | CUSIP: 790606FG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $138930.86    | 0.03%             | 2028-07-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| SALINE MI AREA SCHS            | Saline Area Schools                                                              | CUSIP: 795200ML5<br>LEI: 549300COVKKGR0VUE860 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051070.30   | 0.21%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECON DEV A | South Carolina Jobs-Economic Development Authority                               | CUSIP: 83704EAF1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    600000 | PA      | $600492.96    | 0.12%             | 2028-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A | South Carolina Public Service Authority                                          | CUSIP: 837151Y29<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009928.50   | 0.21%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST TRANSPRTN IN | South Carolina Transportation Infrastructure Bank                                | CUSIP: 837152US4<br>LEI: 549300YI1NMCP4VLJN43 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1238083.88   | 0.25%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH AL COOPE | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136GAK1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1316704.63   | 0.27%             | 2054-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS MO LAND CLEARANCE  | St Louis Land Clearance for Redevelopment Authority                              | CUSIP: 85233SAJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25036.91     | 0.01%             | 2026-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| STARKVILLE MS WTR & SWR REVENU | City of Starkville MS Water & Sewer System Revenue                               | CUSIP: 855522CK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $388341.99    | 0.08%             | 2038-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SUMNER WA WTR & SWR REVENUE    | City of Sumner WA Water & Sewer Revenue                                          | CUSIP: 866465JS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $230951.31    | 0.05%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUMNER WA WTR & SWR REVENUE    | City of Sumner WA Water & Sewer Revenue                                          | CUSIP: 866465JV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257853.93    | 0.05%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F | Tarrant County Cultural Education Facilities Finance Corp                        | CUSIP: 87638RGR2<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    510000 | PA      | $516899.33    | 0.11%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE HSG DEV AGY RSDL FIN | Tennessee Housing Development Agency                                             | CUSIP: 880461VX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $193187.92    | 0.04%             | 2043-07-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION  | Texas Municipal Gas Acquisition and Supply Corp I                                | CUSIP: 88256CEX3<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35920.96     | 0.01%             | 2026-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TEXAS ST PUBLIC FIN AUTH REVEN | Texas Public Finance Authority                                                   | CUSIP: 88277PBD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $764702.48    | 0.16%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| THREE RIVERS SC SOL WST AUTH S | Three Rivers Solid Waste Authority/SC                                            | CUSIP: 885724BW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $742668.60    | 0.15%             | 2025-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF HOUSTON TX UNIV REVENU | University of Houston                                                            | CUSIP: 914302JF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1756612.60   | 0.36%             | 2032-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ALBANY CNTY NY CAPITAL RESOURC | Albany County Capital Resource Corp                                              | CUSIP: 012125AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $93856.91     | 0.02%             | 2030-07-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R | Arizona Industrial Development Authority                                         | CUSIP: 04052BKB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96495.29     | 0.02%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARKADELPHIA AR WTR & SWR REVEN | Arkadelphia Water & Sewer System                                                 | CUSIP: 040722BS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $450814.10    | 0.09%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARKANSAS ST DEV FIN AUTH HOSP  | Arkansas Development Finance Authority                                           | CUSIP: 04109FCM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $802950.94    | 0.16%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO BRIDGE & TUNNEL ENTER | Colorado Bridge & Tunnel Enterprise                                              | CUSIP: 19633TAZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3357170.05   | 0.69%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO EDUCTNL & CULTURAL AU | Colorado Educational & Cultural Facilities Authority                             | CUSIP: 19645UDV3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |     80000 | PA      | $73772.93     | 0.02%             | 2030-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HSG FIN AUTH MF HS | Colorado Housing and Finance Authority                                           | CUSIP: 19647PDN0<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500736.75    | 0.10%             | 2043-11-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HGR EDU SUPPLEM | Connecticut State Higher Education Supplement Loan Authority                     | CUSIP: 207743XY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $568016.71    | 0.12%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COOK CNTY IL SCH DIST #86      | Cook County School District No 86 Harwood Heights                                | CUSIP: 214147CT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $338930.48    | 0.07%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FISHERS TOWN HALL BLDG CORP IN | Fishers Town Hall Building Corp                                                  | CUSIP: 338042EJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27209.56     | 0.01%             | 2048-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GOBLES MI PUBLIC SCHS          | Gobles Public Schools                                                            | CUSIP: 380208JN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $643695.70    | 0.13%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND PARKWAY TRANSPRTN CORP T | Grand Parkway Transportation Corp                                                | CUSIP: 38611TAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2590160.00   | 0.53%             | 2044-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GTR ASHEVILLE REGL ARPT AUTH N | Greater Asheville Regional Airport Authority                                     | CUSIP: 39160CAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $366973.78    | 0.07%             | 2038-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY-HOUSTON TX SPORTSA | Harris County-Houston Sports Authority                                           | CUSIP: 413890FX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $493754.65    | 0.10%             | 2025-11-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204EYW2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    390000 | PA      | $396399.16    | 0.08%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                    | State of Illinois                                                                | CUSIP: 452153AF6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    200000 | PA      | $205923.52    | 0.04%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANN ARBOR MI SCH DIST          | Ann Arbor School District                                                        | CUSIP: 035519WJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $780497.48    | 0.16%             | 2027-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ASHEVILLE NC LIMITED OBLIG     | City of Asheville NC                                                             | CUSIP: 044037CQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $636275.80    | 0.13%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOSCOBEL WI AREA SCH DIST      | Boscobel Area School District                                                    | CUSIP: 100105AY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $766678.72    | 0.16%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEVADA ST HSG DIV SF MTGE REVE | Nevada Housing Division                                                          | CUSIP: 641279ZJ6<br>LEI: 549300RE377OK3CTT852 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1190567.10   | 0.24%             | 2049-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSO | New York State Dormitory Authority                                               | CUSIP: 64990KDJ9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252620.80    | 0.05%             | 2043-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TX TOLLWAY AUTH REVENUE      | North Texas Tollway Authority                                                    | CUSIP: 66285WCC8<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $625541.50    | 0.13%             | 2037-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| OKEECHOBEE CNTY FL HALF-CENT S | County of Okeechobee FL Half-Cent Sales Tax Revenue                              | CUSIP: 678435BK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $441949.26    | 0.09%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA CNTY OK FIN AUTH EDUC | Oklahoma County Finance Authority                                                | CUSIP: 67868UJU8<br>LEI: 549300KPR05JUN0F1289 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023024.10   | 0.21%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST TURNPIKE AUTH      | Oklahoma Turnpike Authority                                                      | CUSIP: 679111F66<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |    250000 | PA      | $269721.10    | 0.06%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST                      | State of Oregon                                                                  | CUSIP: 68609UPQ2<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    250000 | PA      | $266976.78    | 0.05%             | 2045-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                            | CUSIP: 70869PJX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008999.90   | 0.21%             | 2029-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                            | CUSIP: 70870JGY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069712.30   | 0.22%             | 2060-03-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                       | CUSIP: 709221VE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1212577.08   | 0.25%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PORT AUTH OF NEW YORK & NEW JE | Port Authority of New York & New Jersey                                          | CUSIP: 73358WC85<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012712.30   | 0.21%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT BELLINGHAM WA             | Port of Bellingham WA                                                            | CUSIP: 733624GF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $336730.10    | 0.07%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF PORT ARTHUR TX NAV DIS | Port of Port Arthur Navigation District                                          | CUSIP: 735220AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.10%             | 2040-04-01      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| PORT OF PORTLAND OR ARPT REVEN | Port of Portland OR Airport Revenue                                              | CUSIP: 735240L76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019423.80   | 0.21%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI HOSP REVENU | Public Finance Authority                                                         | CUSIP: 74442CBY9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    125000 | PA      | $123398.19    | 0.03%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI EDU REVENUE | Public Finance Authority                                                         | CUSIP: 74442EML1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $466479.25    | 0.10%             | 2060-04-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PN92<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $466100.60    | 0.10%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RIVER ISLANDS CA PUBLIC FING A | River Islands Public Financing Authority                                         | CUSIP: 76827QLM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $541664.19    | 0.11%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROMEOVILLE IL REVENUE          | Village of Romeoville IL                                                         | CUSIP: 77615NAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $299981.79    | 0.06%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROSS CNTY OH HOSP REVENUE      | County of Ross OH                                                                | CUSIP: 778260FL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011667.60   | 0.21%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT CLAIR CNTY IL CMNTY UNIT | St Clair County Community Unit School District No 187 Cahokia                    | CUSIP: 788550MP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018339.50   | 0.21%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS MO INDL DEV AUTH   | Industrial Development Authority of the City of St Louis Missouri/The            | CUSIP: 791900FX6<br>LEI: 549300WTUL8KX1FOUZ40 | Long             | DBT              | MUN               | US        |    500000 | PA      | $498258.25    | 0.10%             | 2046-04-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REVENUE | City of Salt Lake City UT Airport Revenue                                        | CUSIP: 795576FT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507996.15    | 0.10%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX WTR REVENUE     | San Antonio Water System                                                         | CUSIP: 79642GPP1<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026512.40   | 0.21%             | 2052-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS MO LAND CLEARANCE  | St Louis Land Clearance for Redevelopment Authority                              | CUSIP: 85233SBM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010743.40   | 0.21%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUBLETTE CO WY HOSP DIST REVEN | Sublette County Hospital District                                                | CUSIP: 86428TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500049.85    | 0.10%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUMNER WA WTR & SWR REVENUE    | City of Sumner WA Water & Sewer Revenue                                          | CUSIP: 866465JU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $259032.68    | 0.05%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VAIL HOME PARTNERS CORP CO HSG | Vail Home Partners Corp                                                          | CUSIP: 91879VAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $624674.50    | 0.13%             | 2045-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VANCOUVER WA HSG AUTH MF REVEN | Vancouver Housing Authority                                                      | CUSIP: 92162PAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $383455.69    | 0.08%             | 2034-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRIDIAN TX MUNI MGMT DIST     | Viridian Municipal Management District                                           | CUSIP: 92823PRB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $154082.73    | 0.03%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON SUBURBAN SAN DIST M | Washington Suburban Sanitary Commission                                          | CUSIP: 940158HR2<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |    630000 | PA      | $630000.00    | 0.13%             | 2027-06-01      | Variable      | 2.60%                 | No            |                  2 | On Loan: No      |
| WASHOE CNTY NV WTR FAC REVENUE | County of Washoe NV                                                              | CUSIP: 940865BG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501016.65    | 0.10%             | 2036-03-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| WAUSAU WI SWR SYS REVENUE      | City of Wausau WI Sewer System Revenue                                           | CUSIP: 943368FS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $671505.72    | 0.14%             | 2039-05-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| WEST MEMPHIS AR PUBLIC UTILITY | City of West Memphis AR Public Utility System Revenue                            | CUSIP: 954345GJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $435385.35    | 0.09%             | 2054-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WILL CNTY IL CMNTY HIGH SCH DI | Will County Community High School District No 210 Lincoln-Way                    | CUSIP: 969073MT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99781.41     | 0.02%             | 2034-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN CENTER DIST WI TAX R | Wisconsin Center District                                                        | CUSIP: 976595FR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $374496.53    | 0.08%             | 2038-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712JHF3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015066.60   | 0.21%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712JJT1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501637.05    | 0.10%             | 2039-10-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| OREGON ST DEPT OF ADMIN SVCS L | Oregon State Lottery                                                             | CUSIP: 68607V6S9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2142822.00   | 0.44%             | 2044-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PARADISE CA UNIF SCH DIST COPS | Paradise Unified School District                                                 | CUSIP: 699042BW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $406184.99    | 0.08%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PECOS BARSTOW TOYAH TX INDEP S | Pecos Barstow Toyah Independent School District                                  | CUSIP: 705227HS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003522.20   | 0.20%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-29

**Name of Applicant:** Baird Funds Inc

**Signature:** Baird Funds Inc

**Name of Signer:** Peter Hammond

**Title:** Vice President