# EDGAR Filing Document

**Accession Number:** 0000820892
**File Stem:** 0000820892-26-000126
**Filing Date:** 2026-4
**Character Count:** 352029
**Document Hash:** 98eac512a599a8860882930d0bebeae8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000820892-26-000126.hdr.sgml**: 20260427

**ACCESSION NUMBER**: 0000820892-26-000126

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260427

**DATE AS OF CHANGE**: 20260427

**PERIOD START**: 20260531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NUVEEN INVESTMENT FUNDS INC
- **CENTRAL INDEX KEY:** 0000820892

**ORGANIZATION NAME:**
- **EIN:** 411418224
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05309
- **FILM NUMBER:** 26898625

**BUSINESS ADDRESS:**
- **STREET 1:** 333 WEST WACKER DR.
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 312-917-8146

**MAIL ADDRESS:**
- **STREET 1:** 333 WEST WACKER DR.
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST AMERICAN INVESTMENT FUNDS INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SECURAL MUTUAL FUNDS INC
- **DATE OF NAME CHANGE:** 19910627

## Series and Classes Contracts Data

### Nuveen Minnesota Intermediate Municipal Bond Fund (Series ID: S000005558)

| Class ID   | Class Name                                                | Ticker Symbol   |
|:---|:---|:---|
| C000015134 | Class A                                                   | FAMAX           |
| C000015135 | Class I                                                   | FAMTX           |
| C000137678 | Nuveen Minnesota Intermediate Municipal Bond Fund Class C | NIBCX           |

## Nport-Ex

#### Portfolio of Investments February 28, 2026

#### Minnesota Intermediate
(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM INVESTMENTS - 92.3%

X

361,347,634

MUNICIPAL BONDS - 92.3%

X

–

EDUCATION AND CIVIC ORGANIZATIONS - 14.8%

$

130,000

Baytown Township, Minnesota Charter School Lease Revenue

Bonds, Saint Croix Preparatory Academy, Refunding Series

2016A

.000

%

08/01/28

$

129,976

1,160,000

Brooklyn Center, Minnesota, Charter School Lease Revenue

Bonds, Tesfa International dba Twin Lakes STEM Academy

Project, Series 2021A

.000

06/15/37

957,741

100,000

City of Ham Lake, Minnesota, Charter School Lease Revenue

Bonds, DaVinci Academy Project, Series 2016A

.000

07/01/31

100,155

1,000,000

City of Ham Lake, Minnesota, Charter School Lease Revenue

Bonds, DaVinci Academy Project,Series 2016A

.000

07/01/36

998,571

190,000

Deephaven, Minnesota, Charter School Lease Revenue Bonds,

Eagle Ridge Academy Project, Series 2015A

.000

07/01/30

190,213

710,000

Deephaven, Minnesota, Charter School Lease Revenue Bonds,

Eagle Ridge Academy Project, Series 2015A

.250

07/01/37

710,647

195,000

Deephaven, Minnesota, Charter School Lease Revenue Bonds,

Eagle Ridge Academy Project, Series 2016A

.000

07/01/26

195,045

300,000

Deephaven, Minnesota, Charter School Lease Revenue Bonds,

Eagle Ridge Academy Project, Series 2016A

.000

07/01/27

300,096

370,000

Deephaven, Minnesota, Charter School Lease Revenue Bonds,

Eagle Ridge Academy Project, Series 2016A

.000

07/01/28

370,108

645,000

Forest Lake, Minnesota, Charter School Lease Revenue Bonds,

Lakes International Language Academy, Series 2014A

.500

08/01/36

645,648

230,000

Greenwood, Minnesota, Charter School Lease Revenue Bonds,

Main Street School of Performing Arts Project, Series 2016A

.500

07/01/26

229,318

40,000

Greenwood, Minnesota, Charter School Lease Revenue Bonds,

Main Street School of Performing Arts Project, Series 2016A

.000

07/01/36

37,842

395,000

Ham Lake, Minnesota Charter School Lease Revenue Bonds,

Parnassus Preparatory School Project, Series 2016A

.000

11/01/26

395,249

975,000

Hugo, Minnesota, Charter School Lease Revenue Bonds, Noble

Academy Project, Series 2014A

.000

07/01/44

956,159

1,000,000

Independence, Minnesota, Charter School Lease Revenue

Bonds, Beacon Academy Project, Series 2016A

.750

07/01/31

1,001,035

500,000

Independence, Minnesota, Charter School Lease Revenue

Bonds, Beacon Academy Project, Series 2016A

.000

07/01/36

500,330

1,405,000

(a) Minneapolis, Minnesota, Charter School Lease Revenue Bonds,

Twin Cities International Schools Project, Series 2017A

.000

12/01/32

1,420,319

1,160,000

Minneapolis, Minnesota, Charter School Lease Revenue Bonds,

Yinghua Academy Project, Series 2013A

.000

07/01/33

1,161,633

4,000,000

Minneapolis, Minnesota, Revenue Bonds, University Gateway

Project, Refunding Series 2025

.000

12/01/36

4,755,096

1,230,000

Minneapolis, Minnesota, Revenue Bonds, University Gateway

Project, Refunding Series 2025

.000

12/01/45

1,339,073

200,000

Minnesota Health and Education Facilities Authority, Revenue

Bonds, Macalester College Refunding Series 2026

.000

03/01/41

225,958

250,000

Minnesota Health and Education Facilities Authority, Revenue

Bonds, Macalester College Refunding Series 2026

.000

03/01/42

280,057

225,000

Minnesota Health and Education Facilities Authority, Revenue

Bonds, Macalester College Refunding Series 2026

.000

03/01/43

249,860

215,000

Minnesota Health and Education Facilities Authority, Revenue

Bonds, Macalester College Refunding Series 2026

.000

03/01/44

235,741

225,000

Minnesota Health and Education Facilities Authority, Revenue

Bonds, Macalester College Refunding Series 2026

.000

03/01/45

243,834

2,800,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Bethel University, Refunding Series 2017

.000

05/01/32

2,821,300

655,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Bethel University, Refunding Series 2017

.000

05/01/37

657,550

1,600,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Carleton College, Refunding Series 2017

.000

03/01/33

1,617,579

2,380,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Carleton College, Series 2023

.000

03/01/41

2,647,398

#### Portfolio of Investments February 28, 2026
(continued)

#### Minnesota Intermediate

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

EDUCATION AND CIVIC ORGANIZATIONS

(continued)

$

620,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Gustavus Adolfus College, Series 2013-7W

.250

%

10/01/28

$

620,273

160,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Macalester College, Refunidng Series 2021

.000

03/01/31

171,333

1,235,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Saint Catherine University, Refunding Series 2018A

.000

10/01/31

1,283,643

200,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Saint John's University, Refunding Series 2021

.000

10/01/34

208,139

700,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Saint Johns University, Series 2015-8I

.375

10/01/30

700,142

1,000,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Saint Olaf College, Series 2021

.000

10/01/38

954,972

825,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Green Series 2022A

.000

10/01/38

842,038

775,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Series 2013-7U

.000

04/01/26

775,569

300,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Series 2013-7U

.000

04/01/27

300,227

750,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Series 2017A

.000

10/01/34

761,837

850,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Series 2017A

.000

10/01/36

862,078

1,250,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Series 2019

.000

10/01/40

1,318,513

1,000,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Series 2022B

.125

10/01/41

1,014,659

1,000,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Series 2022B

.000

10/01/47

1,027,630

705,000

Minnesota Office of Higher Education, Supplemental Student

Loan Program Revenue Bonds, Senior Series 2018, (AMT)

.000

11/01/26

715,075

980,000

Moorhead, Minnesota, Educational Facilities Revenue Bonds, The

Concordia College Corporation Project, Series 2016

.000

12/01/30

980,158

1,060,000

Moorhead, Minnesota, Educational Facilities Revenue Bonds, The

Concordia College Corporation Project, Series 2016

.000

12/01/32

1,060,084

860,000

Otsego, Minnesota, Charter School Lease Revenue Bonds,

Kaleidoscope Charter School Project, Series 2014A

.000

09/01/34

860,103

70,000

Saint Cloud, Minnesota, Charter School Lease Revenue Bonds,

Stride Academy Project, Series 2016A

.000

04/01/36

67,194

710,000

(a) Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Great River School Project,

Series 2017A

.500

07/01/38

716,724

3,005,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Hmong College Prep

Academy Project, Series 2016A

.250

09/01/31

3,028,205

1,000,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Twin Cities Academy

Project, Refunding Series 2025A

.625

07/01/35

1,030,331

1,000,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Twin Cities Academy

Project, Refunding Series 2025A

.750

07/01/45

1,025,535

595,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Twin Cities German

Immersion School, Series 2013A

.000

07/01/33

595,464

110,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Lease Revenue Bonds, Saint Paul Conservatory for Performing

Artists Charter School Project, Series 2013A

.000

03/01/28

108,020

2,770,000

Savage, Minnesota Charter School Lease Revenue Bonds, Aspen

Academy Project, Series 2016A

.000

10/01/36

2,773,797

500,000

St. Paul Housing and Redevelopment Authority, Minnesota,

Charter School Revenue Bonds, Higher Ground Academy

Charter School, Series 2018

.000

12/01/43

501,884

700,000

University of Minnesota, General Obligation Bonds, Refunding

Series 2024A

.000

01/01/39

801,052

5,460,000

University of Minnesota, General Obligation Bonds, Series 2019A

.000

04/01/44

5,690,017

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

EDUCATION AND CIVIC ORGANIZATIONS

(continued)

$

30,000

Winona Port Authority, Minnesota, Charter School Lease Revenue

Bonds, Bluffview Montessori School Project, Refunding Series

2016

.750

%

06/01/26

$

29,932

10,000

Winona Port Authority, Minnesota, Charter School Lease Revenue

Bonds, Bluffview Montessori School Project, Refunding Series

2016

.500

06/01/36

9,406

1,000,000

(a) Woodbury, Minnesota, Charter School Lease Revenue Bonds,

Math and Science Academy Building Company, Refunding Series

2025A

.500

06/01/35

1,020,660

895,000

Woodbury, Minnesota, Charter School Lease Revenue Bonds,

Woodbury Leadership Academy, Series 2021A

.000

07/01/31

886,623

TOTAL EDUCATION AND CIVIC ORGANIZATIONS

58,114,848

HEALTH CARE - 12.4%

3,370,000

Chippewa County, Minnesota, Gross Revenue Hospital Bonds,

Montevideo Hospital Project, Refunding Series 2016

.000

03/01/29

3,372,127

1,140,000

City of Plato, Minnesota, Health Care Facilities Revenue Bonds,

Glencoe Regional Health Services Project, Series 2017

.000

04/01/29

1,145,550

1,040,000

City of Plato, Minnesota, Health Care Facilities Revenue Bonds,

Glencoe Regional Health Services Project, Series 2017

.000

04/01/32

1,044,905

1,150,000

Crookston, Minnesota, Health Care Facilities Revenue Bonds,

RiverView Health Project, Refunding Series 2017A

.000

05/01/32

751,336

1,045,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Essentia Health Obligated Group,

Series 2018A

.000

02/15/33

1,091,207

675,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Saint Luke's Hospital of Duluth

Obligated Group, Series 2021A

.000

06/15/37

701,112

240,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Saint Luke's Hospital of Duluth

Obligated Group, Series 2022A, Forward Delivery

.000

06/15/35

254,618

1,400,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Saint Luke's Hospital of Duluth

Obligated Group, Series 2022B

.250

06/15/42

1,522,400

400,000

Glencoe, Minnesota, Health Care Facilities Revenue Bonds,

Glencoe Regional Health Services Project, Series 2013

.000

04/01/26

400,125

2,000,000

Maple Grove, Minnesota, Health Care Facilities Revenue

Refunding Bonds, North Memorial Health Care, Series 2015

.000

09/01/28

2,002,156

495,000

Maple Grove, Minnesota, Health Care Facility Revenue Bonds,

North Memorial Health Care, Series 2017

.000

05/01/31

503,078

405,000

Maple Grove, Minnesota, Health Care Facility Revenue Bonds,

North Memorial Health Care, Series 2017

.000

05/01/32

411,360

470,000

Minneapolis, Minnesota, Health Care System Revenue Bonds,

Allina Health System, Series 2021

.000

11/15/37

480,453

1,500,000

Minneapolis, Minnesota, Health Care System Revenue Bonds,

Allina Health System, Series 2021

.000

11/15/38

1,528,042

3,000,000

Minneapolis, Minnesota, Health Care System Revenue Bonds,

Allina Health System, Series 2021

.000

11/15/39

3,039,315

595,000

(b) Minneapolis, Minnesota, Health Care System Revenue Bonds,

Allina Health System, Series 2023A, (Mandatory Put 11/15/28)

.000

11/15/52

634,224

1,100,000

Minneapolis, Minnesota, Health Care System Revenue Bonds,

Fairview Health Services, Series 2015A

.000

11/15/29

1,101,009

2,200,000

Minneapolis, Minnesota, Health Care System Revenue Bonds,

Fairview Health Services, Series 2015A

.000

11/15/33

2,201,759

2,390,000

Minneapolis, Minnesota, Health Care System Revenue Bonds,

Fairview Health Services, Series 2018A

.000

11/15/35

2,486,716

2,850,000

Minneapolis, Minnesota, Health Care System Revenue Bonds,

Fairview Health Services, Series 2018A

.000

11/15/36

2,956,170

1,000,000

Minneapolis-Saint Paul Housing and Redevelopment Authority,

Minnesota, Health Care System Revenue Bonds, Children's

Health Care, Series 2025

.000

08/15/41

1,101,200

2,000,000

Minnesota Agricultural and Economic Development Board,

Health Care Facilities Revenue Bonds, HealthPartners Obligated

Group, Series 2024

.000

01/01/44

2,121,748

#### Portfolio of Investments February 28, 2026
(continued)

#### Minnesota Intermediate

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

HEALTH CARE

(continued)

$

2,060,000

Rochester, Minnesota, Health Care Facilities Revenue Bonds,

Mayo Clinic, Refunding Series 2016B

.000

%

11/15/29

$

2,266,899

1,000,000

Rochester, Minnesota, Health Care Facilities Revenue Bonds,

Mayo Clinic, Refunding Series 2016B

.000

11/15/33

1,178,451

1,000,000

Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare

Health System, Series 2016A

.000

05/01/46

1,001,240

1,575,000

Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare

Health System, Series 2019

.000

05/01/48

1,606,086

1,000,000

Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare

Health System, Series 2024

.000

05/01/39

1,120,946

1,000,000

Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare

Health System, Series 2024

.000

05/01/41

1,104,068

1,000,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Health Care Facility Revenue Bonds, HealthPartners Obligated

Group, Refunding Series 2015A

.000

07/01/35

1,000,404

2,585,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Health Care Facility Revenue Bonds, HealthPartners Obligated

Group, Refunding Series 2025

.000

07/01/33

2,947,037

1,560,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Health Care Revenue Bonds, Fairview Health Services, Series

2017A

.000

11/15/26

1,583,059

1,000,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Health Care Revenue Bonds, Fairview Health Services, Series

2017A

.000

11/15/34

1,027,733

1,745,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Health Care Revenue Bonds, Fairview Health Services, Series

2017A

.000

11/15/35

1,760,156

1,000,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Health Care Revenue Bonds, Fairview Health Services, Series

2017A

.000

11/15/37

1,004,784

TOTAL HEALTH CARE

48,451,473

HOUSING/SINGLE FAMILY - 0.8%

50,000

Dakota County Community Development Agency, Minnesota,

Single Family Mortgage Revenue Bonds, Mortgage Backed

Securities Program, Series 2011A

.400

12/01/26

50,016

120,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Series 2014C

.100

07/01/26

120,032

670,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Series 2020E

.850

01/01/29

646,300

400,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Series 2020E

.900

07/01/29

386,245

1,000,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Social Series 2025F

.600

07/01/40

1,053,621

895,000

(c) Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Social Series 2026A

.100

07/01/41

904,686

TOTAL HOUSING/SINGLE FAMILY

3,160,900

INDUSTRIALS - 0.2%

625,000

Minneapolis, Minnesota, Limited Tax Supported Development

Revenue Bonds, Common Bond Fund Series 2013-1

.000

06/01/28

625,794

TOTAL INDUSTRIALS

625,794

LONG-TERM CARE - 8.1%

250,000

Anoka, Minnesota, Housing Revenue Bonds, The Homestead at

Anoka, Inc. Project, Refunding Series 2017

.000

11/01/46

227,605

865,000

Apple Valley, Minnesota, Senior Housing Revenue Bonds, PHS

Apple Valley Senior Housing, Inc. Orchard Path Phase III Project,

Series 2025A

.000

09/01/35

943,232

1,000,000

Apple Valley, Minnesota, Senior Housing Revenue Bonds,

PHS Apple Valley Senior Housing, Inc. Orchard Path Project,

Refunding Series 2018

.250

09/01/38

1,000,052

750,000

Bethel, Minnesota, Housing and Health Care Facilities Revenue

Bonds, Ecumen Obligated Group Series 2024A

.250

03/01/34

787,521

800,000

Brainerd, Minnesota, Senior Housing and Healthcare Revenue

Bonds, Pinecrest of Country Manor Project, Series 2025A

.000

05/01/35

852,214

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM CARE

(continued)

$

300,000

Center City, Minnesota, Health Care Facilities Revenue Bonds,

Hazelden Betty Ford Foundation Project, Series 2025B

.000

%

11/01/34

$

342,477

315,000

Center City, Minnesota, Health Care Facilities Revenue Bonds,

Hazelden Betty Ford Foundation Project, Series 2025B

.000

11/01/35

357,346

335,000

Center City, Minnesota, Health Care Facilities Revenue Bonds,

Hazelden Betty Ford Foundation Project, Series 2025B

.000

11/01/36

377,004

280,000

Center City, Minnesota, Health Care Facilities Revenue Bonds,

Hazelden Betty Ford Foundation Project, Series 2025B

.000

11/01/37

312,541

100,000

Chatfield, Minnesota, Healthcare and Housing Facilities Revenue

Bonds, Chosen Valley Care Center Project, Refunding Series

2019

.000

09/01/29

99,323

100,000

Chatfield, Minnesota, Healthcare and Housing Facilities Revenue

Bonds, Chosen Valley Care Center Project, Refunding Series

2019

.000

09/01/30

99,045

100,000

Chatfield, Minnesota, Healthcare and Housing Facilities Revenue

Bonds, Chosen Valley Care Center Project, Refunding Series

2019

.000

09/01/31

98,747

100,000

Chatfield, Minnesota, Healthcare and Housing Facilities Revenue

Bonds, Chosen Valley Care Center Project, Refunding Series

2019

.000

09/01/32

98,214

155,000

Chatfield, Minnesota, Healthcare and Housing Facilities Revenue

Bonds, Chosen Valley Care Center Project, Refunding Series

2019

.000

09/01/33

151,326

100,000

Chatfield, Minnesota, Healthcare and Housing Facilities Revenue

Bonds, Chosen Valley Care Center Project, Refunding Series

2019

.000

09/01/34

96,880

815,000

Chisago City, Minnesota, Housing and Health Care Revenue

Bonds, CDL Homes, LLC Project, Series 2013B

.000

08/01/33

815,741

325,000

City of Vergas, Minnesota, Housing and Health Care Revenue

Bonds, CDL Homes, LLC Project, Refunding Series 2016

.000

08/01/31

308,815

235,000

Cold Spring, Minnesota, Health Care Facilities Revenue Bonds,

Assumption Home, Inc., Refunding Series 2017

.450

03/01/31

235,081

200,000

Cold Spring, Minnesota, Health Care Facilities Revenue Bonds,

Assumption Home, Inc., Refunding Series 2018

.500

09/01/33

200,049

350,000

Columbus, Minnesota, Senior Housing Revenue Bonds, Richfield

Senior Housing, Inc., Refunding Series 2015

.600

01/01/27

347,261

500,000

Columbus, Minnesota, Senior Housing Revenue Bonds, Richfield

Senior Housing, Inc., Refunding Series 2015

.000

01/01/34

471,134

1,000,000

Cuyuna Range Hospital District, Minnesota, Health Care Facilities

Revenue Bonds, Crosby Senior Service Care Center, Series 2023

.500

05/01/43

1,033,462

2,115,000

(a) Dakota County Community Development Agency, Minnesota,

Senior Housing Revenue Bonds, Walker Highview Hills LLC

Project, Refunding Series 2016A

.875

08/01/29

2,115,331

1,100,000

(a) Dakota County Community Development Agency, Minnesota,

Senior Housing Revenue Bonds, Walker Highview Hills LLC

Project, Refunding Series 2016A

.000

08/01/36

1,100,651

500,000

Dennison, Minnesota, Senior Housing Revenue Bonds, Villages

of Lonsdale, LLC Project, Series 2019

.200

05/01/35

462,631

1,000,000

Lakes Area Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, VIVIE-Knute Nelson Care Center

Project Series 2026A

.375

11/01/36

1,005,016

200,000

Maple Plain, Minnesota Senior Housing and Healthcare Revenue

Bonds, Haven Homes, Inc. Project, Series 2019

.000

07/01/32

200,164

100,000

Mapleton, Minnesota, Healthcare Facility Revenue Bonds,

Mapleton Community Home, Refunding Series 2019

.750

05/01/34

93,930

425,000

Minneapolis, Minnesota, Senior Housing and Healthcare

Revenue Bonds, Ecumen Abiitan Mill City Project, Series 2015

.750

11/01/28

425,103

750,000

Minneapolis, Minnesota, Senior Housing and Healthcare

Revenue Bonds, Ecumen Abiitan Mill City Project, Series 2015

.250

11/01/45

732,413

775,000

Rochester, Minnesota, Health Care and Housing Revenue Bonds,

Samaritan Bethany, Inc. Project, Refunding Series 2017A

.875

08/01/26

772,141

805,000

Rochester, Minnesota, Health Care and Housing Revenue Bonds,

Samaritan Bethany, Inc. Project, Refunding Series 2017A

.000

08/01/27

796,581

2,000,000

Rochester, Minnesota, Health Care and Housing Revenue Bonds,

Samaritan Bethany, Inc. Project, Refunding Series 2017A

.000

08/01/30

1,935,519

#### Portfolio of Investments February 28, 2026
(continued)

#### Minnesota Intermediate

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM CARE

(continued)

$

405,000

Saint Joseph, Minnesota, Senior Housing and Healthcare

Revenue Bonds, Woodcrest of Country Manor Project, Series

2019 A

.000

%

07/01/33

$

405,043

1,000,000

(b) Saint Louis Park, Minnesota, Health Care Facilities Revenue

Bonds, Mount Olivet Careview Home Project, Series 2016B

.350

06/01/36

999,943

2,190,000

Saint Paul Housing and Redevelopment Authority Minnesota,

Senior Housing and Health Care Revenue Bonds, Episcopal

Homes Project, Series 2013

.000

05/01/33

2,190,172

1,015,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Revenue Bonds, Amherst H. Wilder Foundation Project,

Refunding Series 2020A

.000

12/01/26

1,027,714

1,575,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Revenue Bonds, Amherst H. Wilder Foundation Project,

Refunding Series 2020A

.000

12/01/36

1,660,969

160,000

(a) Saint Paul Housing and Redevelopment Authority, Minnesota,

Senior Housing and Health Care Revenue Bonds, Episcopal

Church Homes Project, Refunding Senior Series 2021A

.100

11/01/31

151,132

625,000

(a) Saint Paul Housing and Redevelopment Authority, Minnesota,

Senior Housing and Health Care Revenue Bonds, Episcopal

Church Homes Project, Refunding Senior Series 2021A

.150

11/01/32

584,972

550,000

Saint Paul Park, Minnesota, Senior Housing and Health Care

Revenue Bonds, Presbyterian Homes Bloomington Project,

Refunding Series 2017

.700

09/01/28

548,819

350,000

Saint Paul Park, Minnesota, Senior Housing and Health Care

Revenue Bonds, Presbyterian Homes Bloomington Project,

Refunding Series 2017

.800

09/01/29

349,997

565,000

Saint Paul Park, Minnesota, Senior Housing and Health Care

Revenue Bonds, Presbyterian Homes Bloomington Project,

Refunding Series 2017

.900

09/01/30

565,032

320,000

Saint Paul Park, Minnesota, Senior Housing and Health Care

Revenue Bonds, Presbyterian Homes Bloomington Project,

Refunding Series 2017

.125

09/01/34

320,038

685,000

Sartell, Minnesota, Health Care Facilities Revenue Bonds, Country

Manor Campus LLC Project, Refunding Series 2017

.000

09/01/27

693,914

2,190,000

Sauk Rapids, Minnesota, Health Care and Housing Facilities

Revenue Bonds, Good Shepherd Luthran Home, Refunding

Series 2013

.125

01/01/39

2,081,398

60,000

Scanlon, Minnesota, Health Care Facilities Revenue Bonds,

Duluth Health Services Project, Refunding Series 2020

.700

03/01/26

60,000

335,000

Scanlon, Minnesota, Health Care Facilities Revenue Bonds,

Duluth Health Services Project, Refunding Series 2020

.950

03/01/28

323,467

175,000

Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone

Senior Living Community, Refunding Series 2019

.000

08/01/27

174,060

300,000

Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone

Senior Living Community, Refunding Series 2019

.125

08/01/28

298,325

300,000

Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone

Senior Living Community, Refunding Series 2019

.250

08/01/29

298,706

225,000

Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone

Senior Living Community, Refunding Series 2019

.375

08/01/30

224,595

TOTAL LONG-TERM CARE

31,852,846

TAX OBLIGATION/GENERAL - 34.6%

355,000

Alexandria, Minnesota, General Obligation Bonds, Tax

Abatement Series 2024A

.000

02/01/40

397,701

530,000

Alexandria, Minnesota, General Obligation Bonds, Tax

Abatement Series 2024A

.000

02/01/41

587,433

280,000

Alexandria, Minnesota, General Obligation Bonds, Tax

Abatement Series 2024A

.000

02/01/42

306,197

1,000,000

Anoka-Hennepin Independent School District 11, Coon Rapids,

Minnesota, General Obligation Bonds, School Building Series

2020A

.000

02/01/34

1,000,977

1,405,000

Benson Independent School District 777, Minnesota, General

Olibation Bonds, School Building Series 2018A

.000

02/01/32

1,428,965

3,280,000

Brainerd Independent School District 181, Crow Wing County,

Minnesota, General Obligation Bonds, School Building Series

2018A

.000

02/01/30

3,328,273

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/GENERAL

(continued)

$

2,145,000

Brooklyn Center Independent School District 286, Minnesota,

General Obligation Bonds, Series 2018A

.000

%

02/01/35

$

2,171,820

1,720,000

Brooklyn Center Independent School District 286, Minnesota,

General Obligation Bonds, Series 2018A

.000

02/01/37

1,736,707

2,000,000

Buffalo, Minnesota, Water and Sewer Revenue Bonds, Refunding

Series 2014A - BAM Insured

.000

11/01/28

2,001,092

2,380,000

City of Rosemount, Minnesota, General Obligation Bonds, Street

Reconstruction and Capital Improvement Plan Series 2023A

.000

02/01/45

2,397,856

1,515,000

Dover-Eyota Independent School District 533, Minnesota,

General Obligation Bonds, School Building Facilities

Maintenance Series 2023A

.000

02/01/42

1,555,813

1,450,000

Dover-Eyota Independent School District 533, Minnesota,

General Obligation Bonds, School Building Facilities

Maintenance Series 2023A

.000

02/01/45

1,463,083

1,270,000

Duluth Independent School District 709, Saint Louis County,

Minnesota, General Obligation Bonds, Capital Appreciation

Series 2021C

.000

02/01/30

1,125,746

2,590,000

Edgerton Independent School District 581, Minnesota, General

Obligation Bonds, School Building Series 2024A

.000

02/01/38

2,891,479

2,460,000

Forest Lake, Washington County, Minnesota, General Obligation

Bonds, Series 2019A

.000

02/01/32

2,583,932

1,725,000

GFW Independent School District No. 2365, Sibley, Renville,

McLeod and Nicollet Counties, Minnesota, General Obligation

School Building Bonds, Series 2023A

.000

02/01/43

1,849,029

1,485,000

Goodhue Independent School District 253, Minnesota, General

Obligation Bonds, School Building Series 2019A

.000

02/01/30

1,525,204

1,345,000

Greenway Independent School District 316, Itasca County,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2019F

.000

02/01/28

1,275,113

2,000,000

Hennepin County Regional Railroad Authority, Minnesota,

General Obligation Bonds, Limited Tax Series 2019A

.000

12/01/37

2,120,966

5,295,000

Hennepin County, Minnesota, General Obligation Bonds, Series

2021A

.000

12/01/33

6,055,232

2,000,000

Hennepin County, Minnesota, General Obligation Bonds, Series

2024A

.000

12/01/43

2,243,280

3,000,000

Hennepin County, Minnesota, General Obligation Bonds, Series

2025A

.000

12/01/37

3,570,933

1,555,000

Independent School District No. 2397 (Le Sueur-Henderson),

Minnesota, General Obligation School Building Bonds, Series

2022A

.000

02/01/35

1,739,985

1,200,000

Jordan Independent School District 717, Scott County,

Minnesota, General Obligation Bonds, School Building Series

2023A

.000

02/01/37

1,321,743

1,000,000

Jordan Independent School District 717, Scott County,

Minnesota, General Obligation Bonds, School Building Series

2023A

.000

02/01/39

1,084,875

210,000

Medicine Lake, Minnesota, General Obligation Bonds, Series

2024A

.000

02/01/35

226,853

330,000

Medicine Lake, Minnesota, General Obligation Bonds, Series

2024A

.000

02/01/39

348,959

1,495,000

Minneapolis Special School District 1, Hennepin County,

Minnesota, General Obligation Bonds, Long Term Facilities

Maintenance, Series 2025B

.000

02/01/43

1,681,277

2,595,000

Minneapolis Special School District 1, Hennepin County,

Minnesota, General Obligation Bonds, Long-Term Facilities

Maintenance Series 2017B

.000

02/01/32

2,669,509

1,525,000

Minneapolis Special School District 1, Hennepin County,

Minnesota, General Obligation Bonds, School Building Series

2025A

.000

02/01/43

1,715,015

1,480,000

Minneapolis, Minnesota, General Obligation Bonds,

Improvement & Various Purpose Series 2018

.000

12/01/33

1,498,055

500,000

Minneapolis, Minnesota, General Obligation Bonds,

Improvement & Various Purpose Series 2018

.000

12/01/35

504,722

3,520,000

Minneapolis, Minnesota, General Obligation Bonds, Series 2025

.000

12/01/38

4,108,902

#### Portfolio of Investments February 28, 2026
(continued)

#### Minnesota Intermediate

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/GENERAL

(continued)

$

5,000,000

Minneapolis-Saint Paul Metropolitan Council, Minnesota, General

Obligation Wastewater Revenue Bonds, Refunding Series 2026A

.000

%

03/01/41

$

5,767,779

10,000,000

Minnesota State, General Obligation Bonds, Various Purpose Bid

Groups 1 & 2 Series 2025A

.000

08/01/42

11,426,541

5,100,000

Minnesota State, General Obligation Bonds, Various Purpose

Series 2021A

.000

09/01/38

5,337,275

5,000,000

Minnesota State, General Obligation Bonds, Various Purpose

Series 2024A

.000

08/01/31

5,709,704

210,000

Minnetonka Independent School District 276, Hennepin County,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2023B

.000

02/01/38

234,687

500,000

Minnetonka Independent School District 276, Hennepin County,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2023B

.000

02/01/44

537,583

225,000

Minnetonka Independent School District 276, Minnesota,

General Obligation Bonds, Facilities Maintenance Series 2025D

.000

01/01/41

250,745

300,000

Minnetonka Independent School District 276, Minnesota,

General Obligation Bonds, Facilities Maintenance Series 2025D

.000

01/01/42

331,549

400,000

Minnetonka Independent School District 276, Minnesota,

General Obligation Bonds, Facilities Maintenance Series 2025D

.000

01/01/43

438,535

1,060,000

Minnetonka Independent School District 276, Minnesota,

General Obligation Bonds, School Building Capital Appreciation,

Series 2026A

.000

02/01/40

637,215

2,050,000

North Branch Independent School District 138, Chisago County,

Minnesota, General Obligation Bonds, School Building Series

2017A

.000

02/01/30

2,088,215

850,000

North Saint Paul-Maplewood-Oakdale Independent School

District 622, Ramsey County, Minnesota, General Obligation

Bonds, Facilities Maintenance Series 2018A

.375

02/01/35

853,632

1,500,000

Osseo Independent School District 279 Hennepin County,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2018B

.000

02/01/34

1,521,602

3,680,000

Pequot Lakes Independent School District 186, Minnesota,

General Obligation Bonds, School Building Series 2025A

.000

02/01/40

4,191,237

1,565,000

Pequot Lakes Independent School District 186, Minnesota,

General Obligation Bonds, School Building Series 2025A

.000

02/01/43

1,736,400

1,035,000

Perham Dent Independent School District 549, Minnesota,

General Obligation Bonds, School Building Series 2016A

.000

02/01/30

1,035,255

880,000

Plainview-Elgin-Millville Independent School District 2899,

Minnesota, General Obligation Bonds, School Building Series

2019A

.000

02/01/32

911,123

2,665,000

Ramsey County, Minnesota, General Obligation Bonds, Capital

Improvement Plan, Series 2023B

.000

02/01/41

2,756,387

1,250,000

Robbinsdale Independent School District 281, Hennepin County,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2018A

.000

02/01/30

1,251,811

4,535,000

Roseville Independent School District 623, Ramsey County,

Minnesota, General Obligation Bonds, School Building Series

2018A

.000

02/01/34

4,600,309

1,070,000

Round Lake-Brewster Independent School District 2907,

Minnesota, General Obligation Bonds, School Building Series

2023A

.000

02/01/40

1,184,330

1,100,000

Saint Cloud Independent School District 742, Stearns County,

Minnesota, General Obligation Bonds, Series 2015A

.000

02/01/30

1,101,338

1,145,000

Saint Louis County, Minnesota, General Obligation Bonds,

Transportation Sales & Use Tax Series 2025A

.000

12/01/37

1,332,721

1,075,000

Saint Louis Park Independent School District 283, Hennepin

County, Minnesota, General Obligation Bonds, School Building

Series 2022A

.000

02/01/37

1,178,883

1,225,000

Saint Michael Independent School District 885, Wright County,

Minnesota, General Obligation Bonds, School Building Series

2017A

.200

02/01/32

1,225,784

435,000

Sartell Independent School District 748, Stearns County,

Minnesota, General Obligation Bonds, School Building Series

2025A

.000

02/01/43

473,685

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/GENERAL

(continued)

$

1,700,000

Sartell, Minnesota, General Obligation Bonds, Series 2022A

.000

%

02/01/39

$

1,750,797

1,330,000

South Washington County Independent School District 833,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2018A

.000

02/01/31

1,348,763

2,000,000

South Washington County Independent School District 833,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2022A

.000

02/01/35

2,091,786

5,215,000

South Washington County Independent School District 833,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2024A

.000

02/01/42

5,330,403

2,000,000

South Washington County Independent School District 833,

Minnesota, General Obligation Bonds, School Building Series

2016A

.000

02/01/29

2,004,267

975,000

Todd Morrison and Stern Counties, Minnesota, Independent

School District, General Obligation Bonds, Facilities Maintenance

and Refunding Series 2024A

.000

02/01/35

1,102,102

2,415,000

Watertown-Mayer Independent School District 111, Carver,

Hennepin and Wright Counties, Minnesota, General Obligation

Bonds, School Building Series 2020A

.000

02/01/31

2,035,451

1,000,000

Yellow Medicine East Independent School District 2190,

Minnesota, General Obligation Bonds, Series 2025A

.125

02/01/47

997,919

TOTAL TAX OBLIGATION/GENERAL

135,292,539

TAX OBLIGATION/LIMITED - 11.3%

450,000

Big Lake Economic Development Authority, Minnesota, Lease

Revenue Bonds, Lease with Option to Purchase Project, Series

2026A

.000

02/01/40

495,103

510,000

Big Lake Economic Development Authority, Minnesota, Lease

Revenue Bonds, Lease with Option to Purchase Project, Series

2026A

.000

02/01/41

557,103

505,000

Big Lake Economic Development Authority, Minnesota, Lease

Revenue Bonds, Lease with Option to Purchase Project, Series

2026A

.000

02/01/42

546,670

55,000

Elbow Lake Economic Development Authority, Minnesota, Lease

Revenue Bonds, Grant County Public Project, Series 2017A

.000

12/15/37

54,580

2,570,000

Marshall, Minnesota, Education Services Facility, Lease Revenue

Bonds, Southwest West Central Service Cooperatives, Series

2024A

.000

02/01/37

2,780,555

1,000,000

Minneapolis Special School District 1, Hennepin County,

Minnesota, Certificates of Participation, Full Term Series 2017C

.000

02/01/30

1,030,671

400,000

Minneapolis, Minnesota, Tax Incriment Revenue Bonds, Ivy Tower

Project, Series 2015

.000

03/01/29

400,260

1,485,000

Minnesota Department of Iron Range Resource and

Rehabilitation, Educational Facilities Revenue Bonds, Series

2023A

.000

10/01/42

1,650,424

2,000,000

Minnesota Department of Iron Range Resource and

Rehabilitation, Revenue Bonds, Series 2024A

.000

10/01/43

2,178,763

960,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2018D

.000

08/01/34

993,756

3,105,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2020B

.000

08/01/32

3,293,986

205,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2021B

.000

08/01/37

202,598

3,295,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2021C

.000

08/01/39

3,381,667

2,385,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2021C

.000

08/01/40

2,431,654

2,000,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2022C

.000

08/01/42

2,154,472

1,375,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2023A

.000

08/01/43

1,481,796

1,185,000

Minnesota Housing Finance Agency, Nonprofit Housing Bonds,

State Appropriation Series 2011

.250

08/01/27

1,191,914

445,000

New London Economic Development Authority, Minnesota,

Lease Revenue Bonds, SWWC Service Cooperative Lease With

Option to Purchase Project, Public Series 2023

.000

02/01/27

452,080

#### Portfolio of Investments February 28, 2026
(continued)

#### Minnesota Intermediate

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/LIMITED

(continued)

$

470,000

New London Economic Development Authority, Minnesota,

Lease Revenue Bonds, SWWC Service Cooperative Lease With

Option to Purchase Project, Public Series 2023

.000

%

02/01/28

$

485,007

605,000

Northeast Metropolitan Intermediate School District 916, White

Bear Lake, Minnesota, Certificates of Particpation, Series 2015B

.125

02/01/29

605,287

350,000

Northeast Metropolitan Intermediate School District 916, White

Bear Lake, Minnesota, Certificates of Particpation, Series 2015B

.250

02/01/30

350,161

1,045,000

Otsego Economic Development Authority, Minnesota, Lease

Revenue Bonds, Series 2024A

.000

02/01/42

1,067,082

1,215,000

Roseville Independent School District 623, Ramsey County,

Minnesota, Certificates of Participation, Series 2021A

.000

04/01/30

1,299,456

2,000,000

Rum River Special Education Cooperative, Minnesota,

Certificates of Participation, Series 2025A

.000

02/01/40

2,092,303

630,000

Saint Cloud Independent School District 742, Stearns County,

Minnesota, Certificates of Participation, Saint Cloud Area Public

Schools, Series 2017A

.000

02/01/30

631,301

725,000

Saint Cloud Independent School District 742, Stearns County,

Minnesota, Certificates of Participation, Saint Cloud Area Public

Schools, Series 2017A

.000

02/01/38

725,141

1,685,000

Saint Paul Independent School District 625, Ramsey County,

Minnesota, Certificates of Participation, Series 2018B

.250

02/01/33

1,694,433

290,000

Saint Paul Independent School District 625, Ramsey County,

Minnesota, Certificates of Participation, Series 2020C

.000

02/01/36

290,310

1,000,000

Saint Paul Independent School District 625, Ramsey County,

Minnesota, Certificates of Participation, Series 2024A

.000

02/01/37

1,154,671

500,000

Saint Paul Independent School District 625, Ramsey County,

Minnesota, Certificates of Participation, Series 2024A

.000

02/01/38

573,116

1,000,000

Saint Paul Independent School District 625, Ramsey County,

Minnesota, Certificates of Participation, Series 2024A

.000

02/01/39

1,138,270

2,500,000

Saint Paul, Minnesota, Sales Tax Revenue Bonds, Neighborhood

and Economic Development Projects, Refunding Series 2024C

.000

11/01/42

2,772,483

3,500,000

Virginia Housing and Redevelopment Authority, Minnesota,

Health Care Facility Lease Revenue Bonds, Refunding Series

2018A

.000

10/01/29

3,501,002

280,000

Zumbro Education District 6012, Minnesota, Certificates of

Participation Series 2021A

.000

02/01/32

283,261

250,000

Zumbro Education District 6012, Minnesota, Certificates of

Participation Series 2021A

.000

02/01/34

251,230

175,000

Zumbro Education District 6012, Minnesota, Certificates of

Participation Series 2021A

.000

02/01/38

170,655

TOTAL TAX OBLIGATION/LIMITED

44,363,221

TRANSPORTATION - 7.0%

1,000,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien

Series 2019A

.000

01/01/33

1,082,366

1,250,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien

Series 2019B, (AMT)

.000

01/01/28

1,304,895

1,735,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien

Series 2019B, (AMT)

.000

01/01/30

1,864,471

1,000,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien

Series 2019B, (AMT)

.000

01/01/32

1,069,991

1,000,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien

Series 2019B, (AMT)

.000

01/01/44

1,025,522

3,580,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien

Series 2019B, (AMT)

.000

01/01/49

3,615,948

1,050,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Senior Lien Series 2016C

.000

01/01/34

1,071,561

1,130,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Senior Lien Series 2016C

.000

01/01/41

1,146,177

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TRANSPORTATION

(continued)

$

2,980,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Subordinate Lien Series

2022B, (AMT)

.000

%

01/01/29

$

3,176,032

1,000,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Subordinate Lien Series

2022B, (AMT)

.000

01/01/32

1,124,781

2,325,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Subordinate Lien Series

2022B, (AMT)

.000

01/01/33

2,594,280

855,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Subordinate Lien Series

2022B, (AMT)

.000

01/01/35

946,301

2,000,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Subordinate Lien Series

2022B, (AMT)

.250

01/01/47

2,074,405

3,000,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Subordinate Series 2024A,

(AMT)

.000

01/01/43

3,212,377

1,020,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Parking Enterprise Revenue Bonds, Refunding Series 2025A

.250

12/01/41

1,126,102

1,020,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Parking Enterprise Revenue Bonds, Refunding Series 2025A

.250

12/01/42

1,117,347

TOTAL TRANSPORTATION

27,552,556

UTILITIES - 3.1%

580,000

Blue Earth, Minnesota Electric Revenue Bonds, Series 2025A

.000

06/01/35

600,664

475,000

Brainerd, Minnesota, Electric Utility Revenue Bonds, Series

2014A

.000

12/01/28

475,697

495,000

Brainerd, Minnesota, Electric Utility Revenue Bonds, Series

2014A

.000

12/01/29

495,730

250,000

Guam Government Waterworks Authority, Water and Wastewater

System Revenue Bonds, Series 2025A

.250

07/01/42

274,426

670,000

Hutchinson, Minnesota, Public Utility Revenue Bonds, Refunding

Series 2012A

.000

12/01/26

671,351

100,000

Luverne, Minnesota, Electric Revenue Bonds, Series 2018A

.000

12/01/33

103,236

500,000

Minnesota Municipal Power Agency, Electric Revenue Bonds,

Refunding Series 2014

.000

10/01/29

501,060

500,000

Minnesota Municipal Power Agency, Electric Revenue Bonds,

Refunding Series 2014

.000

10/01/30

501,025

285,000

Mountain Lake, Minnesota, Electric Revenue Bonds, Series 2025B

.000

12/01/39

311,654

200,000

Mountain Lake, Minnesota, Electric Revenue Bonds, Series 2025B

.000

12/01/42

215,215

260,000

Mountain Lake, Minnesota, Electric Revenue Bonds, Series 2025B

.000

12/01/45

271,025

750,000

Rochester, Minnesota, Electric Utility Revenue Bonds, Refunding

Series 2015E

.000

12/01/29

750,260

1,000,000

Rochester, Minnesota, Electric Utility Revenue Bonds, Refunding

Series 2017A

.000

12/01/33

1,019,541

1,070,000

Saint Paul Port Authority, Minnesota, District Energy Revenue

Bonds, Series 2017-4, (AMT)

.000

10/01/40

1,056,504

100,000

Saint Paul Port Authority, Minnesota, District Energy Revenue

Bonds, Series 2021-1. 501 C3

.000

10/01/27

100,246

1,620,000

Saint Paul Port Authority, Minnesota, District Energy Revenue

Bonds, Series 2024-1

.000

10/01/42

1,754,613

500,000

Sauk Centre Public Utilities Commission, Minnesota, Electric

Revenue Bonds, Series 2024A - AGM Insured

.000

12/01/37

528,749

330,000

Southern Minnesota Municipal Power Agency, Power Supply

System Revenue Bonds, Series 2025A

.000

01/01/36

391,927

450,000

Southern Minnesota Municipal Power Agency, Power Supply

System Revenue Bonds, Series 2025A

.000

01/01/37

533,928

750,000

Southern Minnesota Municipal Power Agency, Power Supply

System Revenue Bonds, Series 2025A

.000

01/01/38

879,857

#### Portfolio of Investments February 28, 2026
(continued)

#### Minnesota Intermediate

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

UTILITIES

(continued)

$

425,000

Southern Minnesota Municipal Power Agency, Power Supply

System Revenue Bonds, Series 2025A

.000

%

01/01/39

$

496,749

TOTAL UTILITIES

11,933,457

TOTAL MUNICIPAL BONDS

(Cost $355,470,576)

361,347,634

TOTAL LONG-TERM INVESTMENTS

(Cost $355,470,576)

361,347,634

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 3.8%

X

14,965,000

MUNICIPAL BONDS - 3.8%

X

–

HEALTH CARE - 3.0%

$

2,000,000

(d) Minneapolis, Minnesota, Health Care System Revenue Bonds,

Fairview Health Services, Series 2018A

.050

11/15/48

$

2,000,000

5,100,000

(d) Rochester, Minnesota, Health Care Facilities Revenue Bonds,

Mayo Clinic Series 2008B

.650

11/15/38

5,100,000

4,500,000

(d) Rochester, Minnesota, Health Care Facilities Revenue Bonds,

Mayo Clinic, Series 2025D

.250

11/15/64

4,500,000

TOTAL HEALTH CARE

11,600,000

HOUSING/SINGLE FAMILY - 0.8%

370,000

(d) Minnesota Housing Finance Agency, Residential Housing Finance

Bonds, Series 2015G

.880

01/01/34

370,000

2,875,000

(d) Minnesota Housing Finance Agency, Residential Housing Finance

Bonds, Series 2017F

.880

01/01/41

2,875,000

TOTAL HOUSING/SINGLE FAMILY

3,245,000

TAX OBLIGATION/GENERAL - 0.0%

120,000

(d) Hennepin County, Minnesota, General Obligation Bonds, Series

2017B

.850

12/01/41

120,000

TOTAL TAX OBLIGATION/GENERAL

120,000

TOTAL MUNICIPAL BONDS

(Cost $14,965,000)

14,965,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $14,965,000)

14,965,000

TOTAL INVESTMENTS - 96.1%

(Cost $370,435,576)

376,312,634

OTHER ASSETS & LIABILITIES, NET - 3.9%

15,322,717

NET ASSETS - 100%

$

391,635,351

AMT

Alternative Minimum Tax

(a) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid

and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.

As of the end of the fiscal period, the aggregate value of these securities is $7,109,789 or 1.9% of Total Investments.

(b) Floating or variable rate security includes the reference rate and spread, when applicable. For mortgage-backed or asset-backed

securities the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

(c) When-issued or delayed delivery security.

(d) Investment has a maturity of greater than one year, but has variable rate and/or demand features which qualify it as a short-term

investment. The rate disclosed, as well as the reference rate and spread, where applicable, is that in effect as of the end of the

reporting period. This rate changes periodically based on market conditions or a specified market index.

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

Minnesota Intermediate

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Municipal Bonds

$

–

$

361,347,634

$

–

$

361,347,634

Short-Term Investments:

Municipal Bonds

–

14,965,000

–

14,965,000

Total

$

–

$

376,312,634

$

–

$

376,312,634

#### Portfolio of Investments February 28, 2026

#### Minnesota
(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM INVESTMENTS - 93.5%

X

671,721,723

MUNICIPAL BONDS - 93.5%

X

–

EDUCATION AND CIVIC ORGANIZATIONS - 15.9%

$

130,000

Baytown Township, Minnesota Charter School Lease Revenue

Bonds, Saint Croix Preparatory Academy, Refunding Series

2016A

.250

%

08/01/46

$

112,626

290,000

Bethel, Minnesota, Charter School Lease Revenue Bonds,

Spectrum High School Project, Series 2024

.000

07/01/59

274,250

3,500,000

Brooklyn Center, Minnesota, Charter School Lease Revenue

Bonds, Tesfa International dba Twin Lakes STEM Academy

Project, Series 2021A

.250

06/15/56

2,381,986

100,000

City of Ham Lake, Minnesota, Charter School Lease Revenue

Bonds, DaVinci Academy Project,Series 2016A

.000

07/01/36

99,857

2,000,000

City of Ham Lake, Minnesota, Charter School Lease Revenue

Bonds, DaVinci Academy Project,Series 2016A

.000

07/01/47

1,741,414

675,000

Deephaven, Minnesota, Charter School Lease Revenue Bonds,

Eagle Ridge Academy Project, Series 2015A

.250

07/01/37

675,615

250,000

Deephaven, Minnesota, Charter School Lease Revenue Bonds,

Eagle Ridge Academy Project, Series 2015A

.250

07/01/40

250,171

500,000

Deephaven, Minnesota, Charter School Lease Revenue Bonds,

Eagle Ridge Academy Project, Series 2015A

.500

07/01/50

500,070

3,000,000

(a) Deephaven, Minnesota, Charter School Lease Revenue Bonds,

Seven Hills Preparatory Academy Project, Series 2024A

.125

06/15/61

2,813,116

1,025,000

Forest Lake, Minnesota, Charter School Lease Revenue Bonds,

Lakes International Language Academy, Series 2014A

.750

08/01/44

1,025,551

1,000,000

Forest Lake, Minnesota, Charter School Lease Revenue Bonds,

Lakes International Language Academy, Series 2019A

.375

08/01/50

1,000,090

100,000

Greenwood, Minnesota, Charter School Lease Revenue Bonds,

Main Street School of Performing Arts Project, Series 2016A

.000

07/01/36

94,605

5,350,000

Ham Lake, Minnesota Charter School Lease Revenue Bonds,

Parnassus Preparatory School Project, Series 2016A

.000

11/01/47

5,236,326

490,000

Hugo, Minnesota, Charter School Lease Revenue Bonds, Noble

Academy Project, Series 2014A

.000

07/01/29

490,333

1,000,000

Hugo, Minnesota, Charter School Lease Revenue Bonds, Noble

Academy Project, Series 2014A

.000

07/01/34

1,000,545

525,000

Hugo, Minnesota, Charter School Lease Revenue Bonds, Noble

Academy Project, Series 2014A

.000

07/01/44

514,855

4,150,000

Independence, Minnesota, Charter School Lease Revenue

Bonds, Beacon Academy Project, Series 2016A

.000

07/01/46

3,754,372

1,415,000

Independence, Minnesota, Charter School Lease Revenue

Bonds, Paladin Career & Technical High School Project, Series

2021A

.000

06/01/51

1,029,157

1,450,000

Minneapolis, Minnesota, Charter School Lease Revenue Bonds,

Hiawatha Academies Project, Series 2022A

.375

07/01/42

1,365,686

410,000

Minneapolis, Minnesota, Charter School Lease Revenue Bonds,

Northeast College Prep Project, Series 2020A

.000

07/01/40

367,914

100,000

Minneapolis, Minnesota, Charter School Lease Revenue Bonds,

Northeast College Prep Project, Series 2020A

.000

07/01/55

75,591

415,000

Minneapolis, Minnesota, Charter School Lease Revenue Bonds,

Yinghua Academy Project, Series 2013A

.000

07/01/33

415,584

3,815,000

Minneapolis, Minnesota, Charter School Lease Revenue Bonds,

Yinghua Academy Project, Series 2013A

.000

07/01/43

3,817,708

1,260,000

Minneapolis, Minnesota, Charter School Lease Revenue Bonds,

Yinghua Academy Project, Series 2013A

.125

07/01/48

1,260,641

4,930,000

Minneapolis, Minnesota, Revenue Bonds, University Gateway

Project, Refunding Series 2025

.000

12/01/45

5,367,179

1,200,000

Minnesota Health and Education Facilities Authority, Revenue

Bonds, Macalester College Refunding Series 2026

.000

03/01/51

1,259,692

2,345,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Bethel University, Refunding Series 2017

.000

05/01/37

2,354,128

2,200,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Bethel University, Refunding Series 2017

.000

05/01/47

2,042,930

1,000,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Carleton College, Refunding Series 2017

.000

03/01/37

1,006,839

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

EDUCATION AND CIVIC ORGANIZATIONS

(continued)

$

5,135,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Carleton College, Series 2023

.000

%

03/01/48

$

5,424,306

3,000,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Carleton College, Series 2023

.000

03/01/53

3,143,899

500,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

College of Saint Scholastica, Inc., Refunding Series 2019

.000

12/01/40

462,209

125,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Macalester College, Refunidng Series 2021

.000

03/01/35

132,154

155,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Macalester College, Refunidng Series 2021

.000

03/01/36

162,714

100,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Macalester College, Refunidng Series 2021

.000

03/01/37

104,339

675,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Saint Catherine University, Refunding Series 2018A

.000

10/01/45

674,382

500,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Saint John's University, Refunding Series 2021

.000

10/01/32

523,910

350,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Saint Johns University, Series 2015-8I

.000

10/01/33

350,446

385,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Saint Johns University, Series 2015-8I

.000

10/01/34

385,491

2,300,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Saint Olaf College, Series 2016-8-N

.000

10/01/34

2,314,030

975,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Saint Olaf College, Series 2016-8-N

.000

10/01/35

980,522

1,000,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Saint Olaf College, Series 2021

.000

10/01/38

954,972

2,820,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

Saint Olaf College, Series 2021

.000

10/01/50

2,574,942

1,000,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Green Series 2022A

.000

10/01/38

1,020,653

575,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Green Series 2022A

.125

10/01/41

583,429

2,000,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Green Series 2022A

.000

10/01/47

2,055,259

1,000,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Series 2016-8L

.000

04/01/27

1,002,139

100,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Series 2017A

.000

10/01/36

101,421

1,000,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Series 2019

.000

10/01/31

1,039,706

2,000,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Series 2019

.000

10/01/40

2,109,621

2,125,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Series 2022B

.000

10/01/39

2,275,556

500,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Series 2022B

.000

10/01/40

507,486

500,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Series 2022B

.125

10/01/42

505,560

1,490,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Series 2022B

.125

10/01/42

1,506,571

4,170,000

Minnesota Higher Education Facilities Authority, Revenue Bonds,

University of Saint Thomas, Series 2024A

.000

10/01/49

4,301,669

645,000

Minnesota Office of Higher Education, Supplemental Student

Loan Program Revenue Bonds, 2020 Senior Series, (AMT)

.650

11/01/38

612,577

1,130,000

Otsego, Minnesota, Charter School Lease Revenue Bonds,

Kaleidoscope Charter School Project, Series 2014A

.000

09/01/44

1,029,462

530,000

Saint Cloud, Minnesota, Charter School Lease Revenue Bonds,

Stride Academy Project, Series 2016A

.000

04/01/46

443,571

1,000,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Community of Peace

Academy Project, Refunding Series 2015A

.000

12/01/46

984,479

1,600,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Community of Peace

Academy Project, Series 2019

.000

12/01/49

1,326,645

#### Portfolio of Investments February 28, 2026
(continued)

#### Minnesota

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

EDUCATION AND CIVIC ORGANIZATIONS

(continued)

$

240,000

(a) Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Great River School Project,

Series 2017A

.500

%

07/01/38

$

242,273

685,000

(a) Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Great River School Project,

Series 2017A

.500

07/01/52

659,731

2,500,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Hmong College Prep

Academy Project, Refunding Series 2020A

.000

09/01/55

2,334,277

1,000,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Hmong College Prep

Academy Project, Series 2016A

.750

09/01/46

1,002,906

500,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Hmong College Prep

Academy Project, Series 2016A

.000

09/01/51

501,292

4,000,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Hope Community

Academy Project, Series 2020A

.000

12/01/55

2,965,894

1,000,000

(a) Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Metro Deaf School Project,

Series 2018A

.000

06/15/48

894,907

1,615,000

(a) Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Metro Deaf School Project,

Series 2018A

.000

06/15/53

1,400,174

500,000

(a) Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Metro Deaf School Project,

Series 2026

.375

06/15/61

504,977

440,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Nova Classical Academy,

Refunding Series 2021A

.000

09/01/31

440,540

555,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Nova Classical Academy,

Refunding Series 2025

.500

09/01/55

555,204

945,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Nova Classical Academy,

Series 2016A

.125

09/01/47

825,325

1,530,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Twin Cities Academy

Project, Refunding Series 2025A

.875

07/01/50

1,552,616

1,230,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Twin Cities German

Immersion School Project, Series 2019

.000

07/01/49

1,142,763

2,620,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Twin Cities German

Immersion School Project, Series 2019

.000

07/01/55

2,369,419

420,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Twin Cities German

Immersion School, Series 2013A

.000

07/01/33

420,328

1,450,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Charter School Lease Revenue Bonds, Twin Cities German

Immersion School, Series 2013A

.000

07/01/44

1,415,267

2,135,000

Savage, Minnesota Charter School Lease Revenue Bonds, Aspen

Academy Project, Series 2016A

.000

10/01/41

2,108,384

380,000

Savage, Minnesota Charter School Lease Revenue Bonds, Aspen

Academy Project, Series 2016A

.125

10/01/48

350,541

1,595,000

Spring Lake Park, Minnesota, Charter School Lease Revenue

Bonds, Excell Academy for Higher Learning Inc., Series 2019A

.000

06/15/54

1,428,901

500,000

St. Paul Housing and Redevelopment Authority, Minnesota,

Charter School Revenue Bonds, Higher Ground Academy

Charter School, Series 2018

.000

12/01/43

501,884

500,000

St. Paul Housing and Redevelopment Authority, Minnesota,

Charter School Revenue Bonds, Higher Ground Academy

Charter School, Series 2018

.125

12/01/49

487,262

1,750,000

University of Minnesota, General Obligation Bonds, Refunding

Series 2024A

.000

01/01/43

1,932,782

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

EDUCATION AND CIVIC ORGANIZATIONS

(continued)

$

3,505,000

University of Minnesota, General Obligation Bonds, Series 2019A

.000

%

04/01/44

$

3,652,658

20,000

Winona Port Authority, Minnesota, Charter School Lease Revenue

Bonds, Bluffview Montessori School Project, Refunding Series

2016

.750

06/01/46

17,056

2,000,000

(a) Woodbury, Minnesota, Charter School Lease Revenue Bonds,

Math and Science Academy Building Company, Refunding Series

2025A

.250

06/01/45

1,965,408

300,000

Woodbury, Minnesota, Charter School Lease Revenue Bonds,

Woodbury Leadership Academy, Series 2021A

.000

07/01/31

297,192

660,000

Woodbury, Minnesota, Charter School Lease Revenue Bonds,

Woodbury Leadership Academy, Series 2021A

.000

07/01/51

501,091

TOTAL EDUCATION AND CIVIC ORGANIZATIONS

114,394,003

HEALTH CARE - 16.0%

500,000

Chippewa County, Minnesota, Gross Revenue Hospital Bonds,

Montevideo Hospital Project, Refunding Series 2016

.000

03/01/32

500,154

2,000,000

Chippewa County, Minnesota, Gross Revenue Hospital Bonds,

Montevideo Hospital Project, Refunding Series 2016

.000

03/01/37

1,999,932

280,000

City of Plato, Minnesota, Health Care Facilities Revenue Bonds,

Glencoe Regional Health Services Project, Series 2017

.000

04/01/26

279,818

485,000

City of Plato, Minnesota, Health Care Facilities Revenue Bonds,

Glencoe Regional Health Services Project, Series 2017

.000

04/01/41

487,747

500,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Essentia Health Obligated Group,

Series 2018A

.000

02/15/37

518,034

580,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Essentia Health Obligated Group,

Series 2018A

.250

02/15/43

581,536

13,115,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Essentia Health Obligated Group,

Series 2018A

.000

02/15/48

13,220,446

3,000,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Essentia Health Obligated Group,

Series 2018A

.000

02/15/53

3,015,350

1,000,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Essentia Health Obligated Group,

Series 2018A

.250

02/15/53

1,008,800

2,590,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Essentia Health Obligated Group,

Series 2018A

.250

02/15/58

2,610,908

400,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Saint Luke's Hospital of Duluth

Obligated Group, Series 2021A

.000

06/15/34

423,359

175,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Saint Luke's Hospital of Duluth

Obligated Group, Series 2021A

.000

06/15/38

180,889

175,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Saint Luke's Hospital of Duluth

Obligated Group, Series 2021A

.000

06/15/39

179,778

570,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Saint Luke's Hospital of Duluth

Obligated Group, Series 2021A

.000

06/15/44

496,475

450,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Saint Luke's Hospital of Duluth

Obligated Group, Series 2022A, Forward Delivery

.000

06/15/38

467,627

1,250,000

Duluth Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, Saint Luke's Hospital of Duluth

Obligated Group, Series 2022B

.250

06/15/47

1,310,497

500,000

Glencoe, Minnesota, Health Care Facilities Revenue Bonds,

Glencoe Regional Health Services Project, Series 2013

.000

04/01/27

500,155

760,000

Glencoe, Minnesota, Health Care Facilities Revenue Bonds,

Glencoe Regional Health Services Project, Series 2013

.000

04/01/31

760,201

1,000,000

Maple Grove, Minnesota, Health Care Facilities Revenue

Refunding Bonds, North Memorial Health Care, Series 2015

.000

09/01/35

984,967

425,000

Maple Grove, Minnesota, Health Care Facility Revenue Bonds,

North Memorial Health Care, Series 2017

.000

05/01/31

431,936

#### Portfolio of Investments February 28, 2026
(continued)

#### Minnesota

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

HEALTH CARE

(continued)

$

430,000

Maple Grove, Minnesota, Health Care Facility Revenue Bonds,

North Memorial Health Care, Series 2017

.000

%

05/01/32

$

436,752

2,725,000

Minneapolis, Minnesota, Health Care System Revenue Bonds,

Allina Health System, Series 2021

.000

11/15/37

2,785,601

10,360,000

Minneapolis, Minnesota, Health Care System Revenue Bonds,

Allina Health System, Series 2021

.000

11/15/39

10,495,768

1,000,000

Minneapolis, Minnesota, Health Care System Revenue Bonds,

Allina Health System, Series 2021

.000

11/15/40

1,006,094

525,000

Minneapolis, Minnesota, Health Care System Revenue Bonds,

Fairview Health Services, Series 2015A

.000

11/15/26

525,492

485,000

Minneapolis, Minnesota, Health Care System Revenue Bonds,

Fairview Health Services, Series 2015A

.000

11/15/40

476,937

1,000,000

Minneapolis, Minnesota, Health Care System Revenue Bonds,

Fairview Health Services, Series 2018A

.000

11/15/35

1,040,467

3,465,000

Minneapolis, Minnesota, Health Care System Revenue Bonds,

Fairview Health Services, Series 2018A

.000

11/15/48

2,999,234

2,000,000

Minneapolis-Saint Paul Housing and Redevelopment Authority,

Minnesota, Health Care System Revenue Bonds, Children's

Health Care, Series 2025

.000

08/15/41

2,202,399

1,250,000

Minneapolis-Saint Paul Housing and Redevelopment Authority,

Minnesota, Health Care System Revenue Bonds, Children's

Health Care, Series 2025

.000

08/15/43

1,349,150

6,415,000

Minnesota Agricultural and Economic Development Board,

Health Care Facilities Revenue Bonds, Essentia Health Obligated

Group, Series 2024A

.250

01/01/54

6,676,410

4,660,000

Minnesota Agricultural and Economic Development Board,

Health Care Facilities Revenue Bonds, HealthPartners Obligated

Group, Series 2024

.250

01/01/47

4,939,305

2,600,000

Rochester, Minnesota, Health Care Facilities Revenue Bonds,

Mayo Clinic, Refunding Series 2016B

.000

11/15/36

3,130,939

2,500,000

Rochester, Minnesota, Health Care Facilities Revenue Bonds,

Mayo Clinic, Series 2022

.000

11/15/57

2,591,896

4,895,000

Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare

Health System, Series 2016A

.000

05/01/46

4,901,067

9,410,000

Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare

Health System, Series 2019

.000

05/01/48

9,595,725

1,000,000

Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare

Health System, Series 2024

.000

05/01/42

1,095,979

2,500,000

Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare

Health System, Series 2024

.000

05/01/50

2,275,638

4,050,000

Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare

Health System, Series 2024

.000

05/01/54

4,179,723

4,075,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Health Care Facility Revenue Bonds, HealthPartners Obligated

Group, Refunding Series 2015A

.000

07/01/35

4,076,648

5,645,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Health Care Facility Revenue Bonds, HealthPartners Obligated

Group, Refunding Series 2025

.000

07/01/32

6,364,349

2,135,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Health Care Revenue Bonds, Fairview Health Services, Series

2017A

.000

11/15/27

2,209,291

600,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Health Care Revenue Bonds, Fairview Health Services, Series

2017A

.000

11/15/36

603,998

640,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Health Care Revenue Bonds, Fairview Health Services, Series

2017A

.000

11/15/37

643,062

2,830,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Health Care Revenue Bonds, Fairview Health Services, Series

2017A

.000

11/15/43

2,701,806

2,500,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Health Care Revenue Bonds, Fairview Health Services, Series

2017A

.000

11/15/47

2,503,214

1,100,000

Saint Paul Port Authority, Minnesota, Lease Revenue Bonds,

Regions Hospital Parking Ramp Project, Series 2007-1

.000

08/01/36

1,101,030

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

HEALTH CARE

(continued)

$

1,900,000

Wadena, Minnesota, Revenue Bonds, Wadena Cancer Center

Project, Series 2024A

.000

%

12/01/45

$

1,993,133

TOTAL HEALTH CARE

114,859,716

HOUSING/SINGLE FAMILY - 1.2%

35,000

Minneapolis-Saint Paul Housing Finance Board, Minnesota,

Single Family Mortgage Revenue Bonds, City Living Series

2007A-2, (AMT)

.520

03/01/41

35,043

365,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Series 2016A, (AMT)

.200

01/01/33

358,508

370,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Series 2020A, (AMT)

.700

07/01/26

367,887

205,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Series 2020D, (AMT)

.650

07/01/26

203,778

460,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Series 2020H, (AMT)

.100

07/01/26

456,525

460,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Series 2020H, (AMT)

.350

07/01/27

445,728

380,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Series 2021A, (AMT)

.550

01/01/28

366,045

390,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Series 2021A, (AMT)

.600

07/01/28

375,087

485,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Series 2021A, (AMT)

.750

01/01/29

455,710

485,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Series 2021A, (AMT)

.800

07/01/29

451,258

245,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Series 2021A, (AMT)

.900

01/01/30

225,580

240,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Series 2021A, (AMT)

.950

07/01/30

219,148

95,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Social Series 2024L

.150

07/01/38

98,711

1,385,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Social Series 2025F

.850

07/01/45

1,425,935

1,355,000

Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Social Series 2025F

.900

07/01/48

1,373,157

2,000,000

(b) Minnesota Housing Finance Agency, Residential Housing

Finance Bonds, Social Series 2026A

.600

01/01/47

2,027,076

TOTAL HOUSING/SINGLE FAMILY

8,885,176

INDUSTRIALS - 0.3%

2,250,000

(a) Saint Paul Port Authority, Minnesota, Solid Waste Disposal

Revenue Bonds, Gerdau Saint Paul Steel Mill Project, Series 2012-

7, (AMT)

.500

10/01/37

2,250,105

TOTAL INDUSTRIALS

2,250,105

LONG-TERM CARE - 7.2%

2,090,000

Anoka, Minnesota, Health Care and Housing Facility Revenue

Bonds, The Homestead at Anoka, Inc. Project, Series 2014

.125

11/01/49

1,877,143

225,000

Apple Valley, Minnesota Senior Housing Revenue Bonds, PHS

Apple Valley Senior Housing, Inc. Orchard Path Phase II Project,

Series 2021

.000

09/01/26

225,700

240,000

Apple Valley, Minnesota Senior Housing Revenue Bonds, PHS

Apple Valley Senior Housing, Inc. Orchard Path Phase II Project,

Series 2021

.000

09/01/28

243,760

270,000

Apple Valley, Minnesota Senior Housing Revenue Bonds, PHS

Apple Valley Senior Housing, Inc. Orchard Path Phase II Project,

Series 2021

.000

09/01/31

276,159

475,000

Apple Valley, Minnesota, Senior Housing Revenue Bonds, PHS

Apple Valley Senior Housing, Inc. Orchard Path Phase III Project,

Series 2025A

.375

09/01/45

490,477

1,000,000

Apple Valley, Minnesota, Senior Housing Revenue Bonds,

PHS Apple Valley Senior Housing, Inc. Orchard Path Project,

Refunding Series 2018

.000

09/01/43

1,000,119

1,000,000

Bethel, Minnesota, Housing and Health Care Facilities Revenue

Bonds, Ecumen Obligated Group Series 2024A

.125

03/01/49

1,000,350

#### Portfolio of Investments February 28, 2026
(continued)

#### Minnesota

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM CARE

(continued)

$

2,500,000

Brainerd, Minnesota, Senior Housing and Healthcare Revenue

Bonds, Pinecrest of Country Manor Project, Series 2025A

.500

%

05/01/45

$

2,568,803

1,165,000

Center City, Minnesota, Health Care Facilities Revenue Bonds,

Hazelden Betty Ford Foundation Project, Series 2025B

.000

11/01/44

1,228,898

1,000,000

Center City, Minnesota, Health Care Facilities Revenue Bonds,

Hazelden Betty Ford Foundation Project, Series 2025B

.000

11/01/47

1,033,053

500,000

Chatfield, Minnesota, Healthcare and Housing Facilities Revenue

Bonds, Chosen Valley Care Center Project, Refunding Series

2019

.000

09/01/44

473,427

1,500,000

Chatfield, Minnesota, Healthcare and Housing Facilities Revenue

Bonds, Chosen Valley Care Center Project, Refunding Series

2019

.000

09/01/52

1,290,570

1,500,000

Chisago City, Minnesota, Housing and Health Care Revenue

Bonds, CDL Homes, LLC Project, Series 2013B

.000

08/01/43

1,500,595

1,500,000

City of West Saint Paul, Minnesota Housing and Health Care

Facilities Revenue Refunding Bonds, Walker Westwood Ridge

Campus Project, Series 2017

.000

11/01/49

1,378,880

250,000

Cloquet, Minnesota, Housing Facilities Revenue Bonds, HADC

Cloquet LLC Project, Refunding Series 2021

.400

08/01/36

226,196

700,000

Cloquet, Minnesota, Housing Facilities Revenue Bonds, HADC

Cloquet LLC Project, Refunding Series 2021

.000

08/01/41

615,690

200,000

Cloquet, Minnesota, Housing Facilities Revenue Bonds, HADC

Cloquet LLC Project, Refunding Series 2021

.000

08/01/48

151,358

1,180,000

Cold Spring, Minnesota, Health Care Facilities Revenue Bonds,

Assumption Home, Inc., Refunding Series 2013

.200

03/01/43

1,166,676

575,000

Columbus, Minnesota, Senior Housing Revenue Bonds, Richfield

Senior Housing, Inc., Refunding Series 2015

.250

01/01/40

514,646

1,175,000

Columbus, Minnesota, Senior Housing Revenue Bonds, Richfield

Senior Housing, Inc., Refunding Series 2015

.250

01/01/46

964,986

500,000

Cuyuna Range Hospital District, Minnesota, Health Care Facilities

Revenue Bonds, Crosby Senior Service Care Center, Series 2023

.500

05/01/43

516,731

1,250,000

Cuyuna Range Hospital District, Minnesota, Health Care Facilities

Revenue Bonds, Crosby Senior Service Care Center, Series 2023

.500

05/01/48

1,261,414

1,195,000

(a) Dakota County Community Development Agency, Minnesota,

Senior Housing Revenue Bonds, Walker Highview Hills LLC

Project, Refunding Series 2016A

.000

08/01/46

1,151,713

500,000

Dennison, Minnesota, Senior Housing Revenue Bonds, Villages

of Lonsdale, LLC Project, Series 2019

.600

05/01/44

405,160

1,000,000

Lakes Area Economic Development Authority, Minnesota, Health

Care Facilities Revenue Bonds, VIVIE-Knute Nelson Care Center

Project Series 2026A

.500

11/01/46

1,012,969

400,000

Maple Plain, Minnesota Senior Housing and Healthcare Revenue

Bonds, Haven Homes, Inc. Project, Series 2019

.100

07/01/34

400,042

1,250,000

Maple Plain, Minnesota Senior Housing and Healthcare Revenue

Bonds, Haven Homes, Inc. Project, Series 2019

.000

07/01/54

1,140,777

200,000

Mapleton, Minnesota, Healthcare Facility Revenue Bonds,

Mapleton Community Home, Refunding Series 2019

.000

05/01/39

180,197

1,500,000

Minneapolis, Minnesota, Senior Housing and Healthcare

Revenue Bonds, Ecumen Abiitan Mill City Project, Series 2015

.250

11/01/45

1,464,825

300,000

Morris, Minnesota, Health Care Facilities Revenue Bonds,

Farmington Health Services Project, Refunding Series 2019

.400

08/01/28

291,875

2,000,000

North Oaks, Minnesota, Senior Housing Revenue Bonds, Waverly

Gardens Project, Refunding Series 2016

.000

10/01/47

1,984,868

1,285,000

Saint Joseph, Minnesota, Senior Housing and Healthcare

Revenue Bonds, Woodcrest of Country Manor Project, Series

2019 A

.000

07/01/55

1,186,185

2,000,000

(c) Saint Louis Park, Minnesota, Health Care Facilities Revenue

Bonds, Mount Olivet Careview Home Project, Series 2016B

.900

06/01/49

1,821,227

25,000

Saint Louis Park, Minnesota, Health Care Facilities Revenue

Bonds, Mount Olivet Careview Home Project, Series 2016C

.150

06/01/28

24,652

1,000,000

Saint Paul Housing & Redevelopment Authority, Minnesota,

Revenue Bonds, Rossy & Richard Shaller Family Sholom East

Campus, Series 2018

.000

10/01/43

955,937

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM CARE

(continued)

$

4,000,000

Saint Paul Housing and Redevelopment Authority, Minnesota

Senior Housing and Health Care Revenue Bonds, Carondelet

Village Project, Series 2016A

.000

%

12/01/41

$

4,019,150

1,175,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Revenue Bonds, Amherst H. Wilder Foundation Project,

Refunding Series 2020A

.000

12/01/29

1,248,724

300,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Revenue Bonds, Amherst H. Wilder Foundation Project,

Refunding Series 2020A

.000

12/01/30

322,843

1,750,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Revenue Bonds, Amherst H. Wilder Foundation Project,

Refunding Series 2020A

.000

12/01/36

1,845,521

450,000

(a) Saint Paul Housing and Redevelopment Authority, Minnesota,

Senior Housing and Health Care Revenue Bonds, Episcopal

Church Homes Project, Refunding Senior Series 2021A

.000

11/01/34

437,710

1,015,000

(a) Saint Paul Housing and Redevelopment Authority, Minnesota,

Senior Housing and Health Care Revenue Bonds, Episcopal

Church Homes Project, Refunding Senior Series 2021A

.000

11/01/42

898,108

400,000

Saint Paul Park, Minnesota, Senior Housing and Health Care

Revenue Bonds, Presbyterian Homes Bloomington Project,

Refunding Series 2017

.000

09/01/32

400,043

500,000

Saint Paul Park, Minnesota, Senior Housing and Health Care

Revenue Bonds, Presbyterian Homes Bloomington Project,

Refunding Series 2017

.100

09/01/33

500,085

315,000

Saint Paul Park, Minnesota, Senior Housing and Health Care

Revenue Bonds, Presbyterian Homes Bloomington Project,

Refunding Series 2017

.200

09/01/36

314,995

300,000

Saint Paul Park, Minnesota, Senior Housing and Health Care

Revenue Bonds, Presbyterian Homes Bloomington Project,

Refunding Series 2017

.250

09/01/37

299,985

1,000,000

Saint Paul Park, Minnesota, Senior Housing and Health Care

Revenue Bonds, Presbyterian Homes Bloomington Project,

Refunding Series 2017

.000

09/01/42

1,000,265

600,000

Sartell, Minnesota, Health Care and Housing Facilities Revenue

Bonds, Country Manor Campus LLC Project, Series 2022A

.000

09/01/35

604,913

2,190,000

Sauk Rapids, Minnesota, Health Care and Housing Facilities

Revenue Bonds, Good Shepherd Luthran Home, Refunding

Series 2013

.125

01/01/39

2,081,398

650,000

Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone

Senior Living Community, Refunding Series 2019

.000

08/01/49

650,079

5,000,000

Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone

Senior Living Community, Refunding Series 2019

.000

08/01/54

4,932,147

TOTAL LONG-TERM CARE

51,582,024

TAX OBLIGATION/GENERAL - 26.3%

1,355,000

Anoka-Hennepin Independent School District 11, Coon Rapids,

Minnesota, General Obligation Bonds, School Building Series

2020A

.000

02/01/43

1,171,652

2,105,000

Bemidji, Minnesota, General Obligation Bonds, Refunding Sales

Tax Series 2017A - AGM Insured

.000

02/01/29

2,174,764

5,000,000

Bird Island-Olivia-Lake Lillian Independent School District 2534,

Minnesota, General Obligation Bonds, School Building Series

2024A

.000

02/01/49

5,313,225

5,630,000

Bird Island-Olivia-Lake Lillian Independent School District 2534,

Minnesota, General Obligation Bonds, School Building Series

2024A

.000

02/01/54

5,944,410

200,000

Brainerd Independent School District 181, Crow Wing County,

Minnesota, General Obligation Bonds, School Building Series

2018A

.000

02/01/42

200,869

3,600,000

Brainerd Independent School District 181, Crow Wing County,

Minnesota, General Obligation Bonds, School Building Series

2018A

.000

02/01/43

3,612,109

1,090,000

Brooklyn Center Independent School District 286, Minnesota,

General Obligation Bonds, Series 2018A

.000

02/01/36

1,101,510

1,880,000

Brooklyn Center Independent School District 286, Minnesota,

General Obligation Bonds, Series 2018A

.000

02/01/38

1,897,199

#### Portfolio of Investments February 28, 2026
(continued)

#### Minnesota

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/GENERAL

(continued)

$

2,715,000

Brooklyn Center Independent School District 286, Minnesota,

General Obligation Bonds, Series 2018A

.000

%

02/01/41

$

2,729,357

2,260,000

Brooklyn Center Independent School District 286, Minnesota,

General Obligation Bonds, Series 2018A

.000

02/01/42

2,268,600

3,000,000

Carlton County, Minnesota, General Obligation Bonds,

Minnesota State Credit Enhancement Program Series 2022A

.000

02/01/47

2,937,508

1,160,000

Chisago Lakes, Minnesota, Independent School District 2144,

General Obligation Bonds, School Building Series 2017A

.000

02/01/32

1,166,196

1,050,000

Cold Spring, Minnesota, General Obligation Bonds, Capital

Improvement Plan Series 2024A - BAM Insured

.000

02/01/54

972,670

625,000

Corcoran, Minnesota, General Obligation Bonds, Series 2023A -

BAM Insured

.000

02/01/40

644,891

3,605,000

Corcoran, Minnesota, General Obligation Bonds, Series 2023A -

BAM Insured

.000

02/01/48

3,516,102

1,145,000

Dawson-Boyd Independent School District 378, Yellow Medicine

County, Minnesota, General Obligation Bonds, School Building

Series 2019A

.000

02/01/31

1,180,650

1,145,000

Dawson-Boyd Independent School District 378, Yellow Medicine

County, Minnesota, General Obligation Bonds, School Building

Series 2019A

.000

02/01/32

1,178,309

1,225,000

Dover-Eyota Independent School District 533, Minnesota,

General Obligation Bonds, School Building Facilities

Maintenance Series 2023A

.000

02/01/44

1,243,701

500,000

Dover-Eyota Independent School District 533, Minnesota,

General Obligation Bonds, School Building Facilities

Maintenance Series 2023A

.000

02/01/45

504,511

1,325,000

Duluth Independent School District 709, Saint Louis County,

Minnesota, General Obligation Bonds, Capital Appreciation

Series 2021C

.000

02/01/31

1,134,713

1,480,000

Duluth Independent School District 709, Saint Louis County,

Minnesota, General Obligation Bonds, Capital Appreciation

Series 2021C

.000

02/01/32

1,222,544

535,000

Duluth Independent School District 709, Saint Louis County,

Minnesota, General Obligation Bonds, Capital Appreciation

Series 2021C

.000

02/01/33

424,705

1,115,000

Edgerton Independent School District 581, Minnesota, General

Obligation Bonds, School Building Series 2024A

.000

02/01/43

1,137,922

480,000

Fridley, Minnesota, General Obligation Bonds, Capital

Improvement Plan, Series 2017

.250

02/01/34

480,110

1,090,000

GFW Independent School District No. 2365, Sibley, Renville,

McLeod and Nicollet Counties, Minnesota, General Obligation

School Building Bonds, Series 2023A

.000

02/01/41

1,184,967

2,450,000

GFW Independent School District No. 2365, Sibley, Renville,

McLeod and Nicollet Counties, Minnesota, General Obligation

School Building Bonds, Series 2023A

.000

02/01/48

2,553,745

700,000

Greenway Independent School District 316, Itasca County,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2019F

.000

02/01/30

625,053

705,000

Hawley Independent School District 150, Clay County,

Minnesota, General Obligation Bonds, School Building Series

2023A

.000

02/01/39

754,726

2,000,000

Hennepin County, Minnesota, General Obligation Bonds,

Refunding Series 2022B

.000

12/01/39

2,251,915

3,000,000

Hennepin County, Minnesota, General Obligation Bonds, Sales

Tax Series 2020C

.000

12/15/38

3,251,027

1,000,000

Hennepin County, Minnesota, General Obligation Bonds, Series

2020A

.000

12/01/36

1,105,396

3,000,000

Hennepin County, Minnesota, General Obligation Bonds, Series

2024A

.000

12/01/42

3,398,261

7,755,000

Hennepin County, Minnesota, General Obligation Bonds, Series

2024A

.000

12/01/43

8,698,320

1,250,000

Independent School District 621, Mounds View, Minnesota,

General Obligation Bonds, School Building Series 2018A

.000

02/01/42

1,256,324

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/GENERAL

(continued)

$

1,935,000

Independent School District No. 115, Cass Lake-Bena Public

Schools, Minnesota, Cass Beltrami and Hubbard Counties,

General Obligation School Building Bonds, Series 2023A

.000

%

02/01/37

$

2,140,682

1,145,000

Independent School District No. 2397 (Le Sueur-Henderson),

Minnesota, General Obligation School Building Bonds, Series

2022A

.000

02/01/36

1,275,328

600,000

Jordan Independent School District 717, Scott County,

Minnesota, General Obligation Bonds, School Building Series

2023A

.000

02/01/38

655,912

1,585,000

Kerkoven, Murdock, and Sunburg Independent School District

775, Swift County, Minnesota, General Obligation Bonds, School

Building Series 2024A

.000

02/01/41

1,791,848

500,000

La Crescent-Hokah Independent School District 300, Houston

and Winona Counties, Minnesota, General Obligation Bonds,

School Building & Maintenance Series 2019A

.000

02/01/30

509,174

660,000

Madison, Minnesota, General Obligation Bonds, Refunding

Series 2015A - AGM Insured

.600

01/01/35

660,202

500,000

Madison, Minnesota, General Obligation Bonds, Refunding

Series 2015A - AGM Insured

.000

01/01/45

500,003

1,315,000

Maple River Independent School District 2135, Minnesota,

General Obligation Bonds, School Building Series 2020A

.000

02/01/38

1,366,302

3,500,000

Maple River Independent School District 2135, Minnesota,

General Obligation Bonds, School Building Series 2020A

.000

02/01/50

3,352,577

1,590,000

Medicine Lake, Minnesota, General Obligation Bonds, Series

2024A

.000

02/01/54

1,540,205

1,430,000

Minneapolis Special School District 1, Hennepin County,

Minnesota, General Obligation Bonds, Building Series 2023A

.000

02/01/43

1,566,287

2,645,000

Minneapolis Special School District 1, Hennepin County,

Minnesota, General Obligation Bonds, Long Term Facilities

Maintenance Series 2023B

.000

02/01/43

2,897,084

2,780,000

Minneapolis Special School District 1, Hennepin County,

Minnesota, General Obligation Bonds, Long Term Facilities

Maintenance Series 2023B

.000

02/01/44

3,014,860

1,645,000

Minneapolis Special School District 1, Hennepin County,

Minnesota, General Obligation Bonds, Long Term Facilities

Maintenance, Series 2025B

.000

02/01/45

1,809,079

1,430,000

Minneapolis Special School District 1, Hennepin County,

Minnesota, General Obligation Bonds, School Building Series

2022A

.000

02/01/43

1,548,500

1,395,000

Minneapolis Special School District 1, Hennepin County,

Minnesota, General Obligation Bonds, School Building Series

2025A

.000

02/01/45

1,534,143

2,195,000

Minneapolis, Minnesota, General Obligation Bonds,

Improvement & Various Purpose Series 2018

.000

12/01/35

2,215,728

2,000,000

Minneapolis, Minnesota, General Obligation Bonds, Series 2023

.000

12/01/39

2,215,381

7,000,000

Minneapolis-Saint Paul Metropolitan Council, Minnesota, General

Obligation Wastewater Revenue Bonds, Refunding Series 2026A

.000

03/01/43

7,930,015

9,895,000

Minnesota State, General Obligation Bonds, Various Purpose Bid

Groups 1 & 2 Series 2025A

.000

08/01/43

11,186,802

2,975,000

Minnesota State, General Obligation Bonds, Various Purpose

Series 2018A

.000

08/01/35

3,153,584

4,705,000

Minnesota State, General Obligation Bonds, Various Purpose

Series 2021A

.000

09/01/30

5,274,752

2,000,000

Minnesota State, General Obligation Bonds, Various Purpose

Series 2023A

.000

08/01/41

2,252,459

7,500,000

Minnesota State, General Obligation Bonds, Various Purpose

Series 2024A

.000

08/01/44

8,294,819

325,000

Minnetonka Independent School District 276, Hennepin County,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2023B

.000

02/01/40

359,726

500,000

Minnetonka Independent School District 276, Hennepin County,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2023B

.000

02/01/42

546,150

300,000

Minnetonka Independent School District 276, Minnesota,

General Obligation Bonds, Facilities Maintenance Series 2025D

.250

01/01/46

323,892

#### Portfolio of Investments February 28, 2026
(continued)

#### Minnesota

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/GENERAL

(continued)

$

340,000

Minnetonka Independent School District 276, Minnesota,

General Obligation Bonds, Facilities Maintenance Series 2025D

.250

%

01/01/47

$

365,139

1,000,000

Minnetonka Independent School District 276, Minnesota,

General Obligation Bonds, School Building Capital Appreciation,

Series 2026A

.000

02/01/42

534,038

1,025,000

Minnetonka Independent School District 276, Minnesota,

General Obligation Bonds, School Building Capital Appreciation,

Series 2026A

.000

02/01/44

482,122

1,150,000

Minnetonka Independent School District 276, Minnesota,

General Obligation Bonds, School Building Capital Appreciation,

Series 2026A

.000

02/01/45

507,878

1,290,000

Moorhead Independent School District 152, Clay County,

Minnesota, General Obligation Bonds, School Building Series

2020A

.000

02/01/43

1,136,515

1,100,000

Moorhead Independent School District 152, Clay County,

Minnesota, General Obligation Bonds, School Building Series

2020A

.000

02/01/44

947,908

2,000,000

North Saint Paul-Maplewood-Oakdale Independent School

District 622, Ramsey County, Minnesota, General Obligation

Bonds, Facilities Maintenance Series 2018A

.375

02/01/35

2,008,545

530,000

Pillager Independent School District 116, Cass and Morrison

Counties, Minnesota, General Obligation Bonds, School Building

Series 2019A

.000

02/01/33

533,784

1,245,000

Ramsey County, Minnesota, General Obligation Bonds, Capital

Improvement Plan, Series 2023B

.000

02/01/40

1,295,340

1,795,000

Red Lake County, Minnesota, General Obligation School Building

Bonds, Independent School District No. 2906, Series 2022A

.000

02/01/38

1,898,505

4,000,000

Richfield Independent School District 280, Hennepin County,

Minnesota, General Obligation Bonds, School Buildings Series

2018A

.000

02/01/40

4,030,954

1,250,000

Robbinsdale Independent School District 281, Hennepin County,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2018A

.000

02/01/30

1,251,811

4,000,000

Roseville Independent School District 623, Ramsey County,

Minnesota, General Obligation Bonds, School Building Series

2018A

.000

02/01/34

4,057,605

1,020,000

Round Lake-Brewster Independent School District 2907,

Minnesota, General Obligation Bonds, School Building Series

2023A

.000

02/01/39

1,134,278

1,285,000

Round Lake-Brewster Independent School District 2907,

Minnesota, General Obligation Bonds, School Building Series

2023A

.000

02/01/42

1,316,882

1,700,000

Russell-Tyler-Ruthton Public Schools Independent School District

2902, Minnesota, General Obligation Bonds, Series 2019A

.000

02/01/31

1,789,966

800,000

Saint Cloud Independent School District 742, Stearns County,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2022B

.000

02/01/43

809,221

1,000,000

Saint James Independent School District 840, Minnesota,

General Obligation Bonds, School Building Series 2015B

.000

02/01/45

1,000,029

1,340,000

Saint Michael Independent School District 885, Wright County,

Minnesota, General Obligation Bonds, School Building Series

2017A

.000

02/01/28

1,342,006

1,400,000

Saint Michael Independent School District 885, Wright County,

Minnesota, General Obligation Bonds, School Building Series

2017A

.000

02/01/30

1,402,157

1,885,000

Saint Michael Independent School District 885, Wright County,

Minnesota, General Obligation Bonds, School Building Series

2017A

.200

02/01/32

1,886,207

465,000

Sartell Independent School District 748, Stearns County,

Minnesota, General Obligation Bonds, School Building Series

2025A

.000

02/01/42

511,121

1,840,000

Sartell, Minnesota, General Obligation Bonds, Series 2022A

.000

02/01/41

1,877,019

1,180,000

Sartell, Minnesota, General Obligation Bonds, Series 2022A

.000

02/01/43

1,194,461

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/GENERAL

(continued)

$

250,000

Shakopee Independent School District 720, Scott County,

Minnesota, General Obligation Bonds, Capital Facilities Series

2020A

.000

%

02/01/33

$

253,988

425,000

Shakopee Independent School District 720, Scott County,

Minnesota, General Obligation Bonds, Capital Facilities Series

2020A

.000

02/01/34

431,121

2,500,000

Sibley East Independent School District 2310, Sibley, Minnesota,

General Obligation Bonds, School Building Series 2015A

.000

02/01/40

2,500,830

1,330,000

South Washington County Independent School District 833,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2018A

.000

02/01/31

1,348,763

670,000

South Washington County Independent School District 833,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2018A

.000

02/01/33

678,982

1,000,000

South Washington County Independent School District 833,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2022A

.000

02/01/34

1,049,266

2,030,000

South Washington County Independent School District 833,

Minnesota, General Obligation Bonds, Facilities Maintenance

Series 2022A

.000

02/01/35

2,123,163

1,000,000

South Washington County Independent School District 833,

Minnesota, General Obligation Bonds, School Building Series

2016A

.000

02/01/29

1,002,134

5,000,000

(b) Stillwater Independent School District 834, Washington County,

Minnesota, General Obligation Bonds, School Building Facilities

Maintenance Series 2026A

.000

02/01/46

4,977,602

825,000

Waconia Independent School District, Minnesota, General

Obligation Bonds, School Building Series 2015B

.000

02/01/28

825,269

1,410,000

Yellow Medicine East Independent School District 2190,

Minnesota, General Obligation Bonds, Series 2025A

.000

02/01/46

1,403,687

TOTAL TAX OBLIGATION/GENERAL

189,061,751

TAX OBLIGATION/LIMITED - 11.4%

2,135,000

Big Lake Economic Development Authority, Minnesota, Lease

Revenue Bonds, Lease with Option to Purchase Project, Series

2026A

.000

02/01/48

2,209,230

475,000

Elbow Lake Economic Development Authority, Minnesota, Lease

Revenue Bonds, Grant County Public Project, Series 2017A

.200

12/15/43

440,827

1,000,000

Elbow Lake Economic Development Authority, Minnesota, Lease

Revenue Bonds, Grant County Public Project, Series 2023A

.875

12/15/42

1,029,551

500,000

Elbow Lake Economic Development Authority, Minnesota, Lease

Revenue Bonds, Grant County Public Project, Series 2023A

.000

12/15/44

510,992

1,000,000

Hennepin County, Minnesota, Sales Tax Revenue Bonds, Ballpark

Project, Refunding First Lien Series 2017A

.000

12/15/30

1,019,920

675,000

Marshall, Minnesota, Education Services Facility, Lease Revenue

Bonds, Southwest West Central Service Cooperatives, Series

2024A

.125

02/01/41

724,363

725,000

Marshall, Minnesota, Education Services Facility, Lease Revenue

Bonds, Southwest West Central Service Cooperatives, Series

2024A

.375

02/01/45

766,620

170,000

Minneapolis, Minnesota, Tax Increment Revenue Bonds, Village

at St. Anthony Falls Project, Refunding Series 2015

.000

03/01/27

170,061

1,970,000

Minnesota Department of Iron Range Resource and

Rehabilitation, Educational Facilities Revenue Bonds, Series

2023A

.000

10/01/40

2,214,936

2,515,000

Minnesota Department of Iron Range Resource and

Rehabilitation, Educational Facilities Revenue Bonds, Series

2023A

.000

10/01/41

2,819,917

2,880,000

Minnesota Department of Iron Range Resource and

Rehabilitation, Educational Facilities Revenue Bonds, Series

2023A

.000

10/01/43

3,164,440

1,090,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2015C

.250

08/01/30

1,090,643

200,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2017A

.000

08/01/30

203,695

#### Portfolio of Investments February 28, 2026
(continued)

#### Minnesota

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/LIMITED

(continued)

$

475,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2017A

.000

%

08/01/34

$

481,720

325,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2017A

.000

08/01/35

329,481

1,125,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2018D

.000

08/01/38

1,144,184

500,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2021B

.000

08/01/38

487,014

500,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2021B

.000

08/01/39

477,520

500,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2021B

.000

08/01/40

467,698

2,810,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2021C

.000

08/01/35

2,987,669

2,925,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2021C

.000

08/01/36

3,069,938

3,045,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2021C

.000

08/01/37

3,159,695

3,165,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2021C

.000

08/01/38

3,270,075

1,000,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2021C

.000

08/01/43

1,009,214

1,780,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2022A

.000

08/01/40

1,950,044

2,000,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2022C

.000

08/01/42

2,154,472

1,280,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2023A

.000

08/01/42

1,392,324

1,200,000

Minnesota Housing Finance Agency, Housing Infrastructure State

Appropriation Bonds, Series 2023A

.000

08/01/44

1,280,847

5,800,000

Minnesota State, Certificates of Participation, State Office

Building Project, Series 2023

.000

11/01/43

6,372,778

1,480,000

New London Economic Development Authority, Minnesota,

Lease Revenue Bonds, SWWC Service Cooperative Lease With

Option to Purchase Project, Public Series 2023

.000

02/01/38

1,502,946

2,790,000

New London Economic Development Authority, Minnesota,

Lease Revenue Bonds, SWWC Service Cooperative Lease With

Option to Purchase Project, Public Series 2023

.125

02/01/43

2,825,191

1,470,000

Northeast Metropolitan Intermediate School District 916, White

Bear Lake, Minnesota, Certificates of Particpation, Series 2015A

.625

02/01/34

1,470,806

580,000

Northeast Metropolitan Intermediate School District 916, White

Bear Lake, Minnesota, Certificates of Particpation, Series 2015A

.750

02/01/36

580,285

4,600,000

Northeast Metropolitan Intermediate School District 916, White

Bear Lake, Minnesota, Certificates of Particpation, Series 2015B

.000

02/01/42

4,600,947

1,000,000

Plymouth Intermediate District 287, Minnesota, Certificates of

Participation, Refunding Series 2017A

.000

02/01/36

1,008,651

175,000

Plymouth Intermediate District 287, Minnesota, Facilities

Maintence Bonds, Series 2017B

.000

05/01/29

178,351

200,000

Plymouth Intermediate District 287, Minnesota, Facilities

Maintence Bonds, Series 2017B

.000

05/01/32

203,593

100,000

Plymouth Intermediate District 287, Minnesota, Facilities

Maintence Bonds, Series 2017B

.000

05/01/33

101,681

4,500,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue

Bonds, Restructured 2018A-1

.500

07/01/34

4,501,024

6,077,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue

Bonds, Restructured 2018A-1

.000

07/01/58

5,964,749

1,155,000

Roseville Independent School District 623, Ramsey County,

Minnesota, Certificates of Participation, Series 2021A

.000

04/01/29

1,217,075

1,000,000

Rum River Special Education Cooperative, Minnesota,

Certificates of Participation, Series 2025A

.500

02/01/46

1,025,279

355,000

Saint Cloud Independent School District 742, Stearns County,

Minnesota, Certificates of Participation, Saint Cloud Area Public

Schools, Series 2017A

.000

02/01/32

355,725

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/LIMITED

(continued)

$

520,000

Saint Cloud Independent School District 742, Stearns County,

Minnesota, Certificates of Participation, Saint Cloud Area Public

Schools, Series 2017A

.000

%

02/01/34

$

521,057

340,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Multifamily Housing Revenue Bonds, 2700 University at Westgate

Station, Series 2015B

.875

04/01/30

340,214

1,405,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

Multifamily Housing Revenue Bonds, 2700 University at Westgate

Station, Series 2015B

.250

04/01/43

1,405,067

2,670,000

Saint Paul Independent School District 625, Ramsey County,

Minnesota, Certificates of Participation, Series 2018B

.375

02/01/35

2,683,072

5,000

Saint Paul Independent School District 625, Ramsey County,

Minnesota, Certificates of Participation, Series 2019B

.000

02/01/36

5,185

1,000,000

Saint Paul Independent School District 625, Ramsey County,

Minnesota, Certificates of Participation, Series 2019B

.000

02/01/37

1,033,191

500,000

Saint Paul Independent School District 625, Ramsey County,

Minnesota, Certificates of Participation, Series 2024A

.000

02/01/43

546,803

1,810,000

Saint Paul, Minnesota, Sales Tax Revenue Bonds, Neighborhood

and Economic Development Projects, Refunding Series 2024C

.000

11/01/41

2,030,044

320,000

Zumbro Education District 6012, Minnesota, Certificates of

Participation Series 2021A

.000

02/01/28

322,648

330,000

Zumbro Education District 6012, Minnesota, Certificates of

Participation Series 2021A

.000

02/01/30

334,717

435,000

Zumbro Education District 6012, Minnesota, Certificates of

Participation Series 2021A

.000

02/01/41

399,371

TOTAL TAX OBLIGATION/LIMITED

81,557,540

TRANSPORTATION - 7.3%

1,560,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien

Series 2019A

.000

01/01/49

1,587,699

1,540,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien

Series 2019B, (AMT)

.000

01/01/31

1,652,753

1,235,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien

Series 2019B, (AMT)

.000

01/01/39

1,293,694

5,600,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien

Series 2019B, (AMT)

.000

01/01/44

5,742,925

7,370,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien

Series 2019B, (AMT)

.000

01/01/49

7,444,005

8,145,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Senior Lien Series 2016C

.000

01/01/46

8,208,998

6,000,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Subordinate Lien Series

2022A

.000

01/01/52

6,142,901

2,510,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Subordinate Lien Series

2022B, (AMT)

.000

01/01/40

2,703,346

13,300,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Subordinate Lien Series

2022B, (AMT)

.000

01/01/47

13,591,848

4,000,000

Minneapolis-St. Paul Metropolitan Airports Commission,

Minnesota, Airport Revenue Bonds, Subordinate Series 2024A,

(AMT)

.250

01/01/49

4,148,084

TOTAL TRANSPORTATION

52,516,253

UTILITIES - 7.9%

2,610,000

Blue Earth, Minnesota Electric Revenue Bonds, Series 2025A

.000

06/01/51

2,606,891

1,240,000

Guam Government Waterworks Authority, Water and Wastewater

System Revenue Bonds, Series 2016

.000

01/01/46

1,242,236

135,000

Guam Government Waterworks Authority, Water and Wastewater

System Revenue Bonds, Series 2020A

.000

01/01/50

137,789

#### Portfolio of Investments February 28, 2026
(continued)

#### Minnesota

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

UTILITIES

(continued)

$

250,000

Guam Government Waterworks Authority, Water and Wastewater

System Revenue Bonds, Series 2025A

.500

%

07/01/43

$

276,728

2,275,000

(c) Minnesota Municipal Gas Agency, Commodity Supply Revenue

Bonds, Series 2022A, (Mandatory Put 12/01/27)

.000

12/01/52

2,326,267

5,000,000

(c) Minnesota Municipal Gas Agency, Commodity Supply Revenue

Bonds, Series 2022B, (Mandatory Put 12/01/27) (SOFR\*0.67%+

1.000%)

.458

12/01/52

4,998,252

1,000,000

Minnesota Municipal Power Agency, Electric Revenue Bonds,

Refunding Series 2014A

.000

10/01/31

1,001,522

1,000,000

Minnesota Municipal Power Agency, Electric Revenue Bonds,

Refunding Series 2014A

.000

10/01/32

1,001,489

4,650,000

Minnesota Municipal Power Agency, Electric Revenue Bonds,

Series 2016

.000

10/01/47

4,668,785

535,000

Mountain Lake, Minnesota, Electric Revenue Bonds, Series 2025B

.000

12/01/50

544,369

400,000

Mountain Lake, Minnesota, Electric Revenue Bonds, Series 2025B

.000

12/01/54

405,202

5,555,000

Rochester, Minnesota, Electric Utility Revenue Bonds, Refunding

Series 2017A

.000

12/01/47

5,602,849

390,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

District Energy Revenue Bonds, Refunding Series 2017A

.000

10/01/28

398,048

1,610,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

District Energy Revenue Bonds, Refunding Series 2017A

.000

10/01/33

1,634,219

355,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

District Energy Revenue Bonds, Refunding Series 2017B

.000

10/01/28

362,160

270,000

Saint Paul Housing and Redevelopment Authority, Minnesota,

District Energy Revenue Bonds, Refunding Series 2017B

.000

10/01/29

275,339

2,500,000

Saint Paul Port Authority, Minnesota, District Energy Revenue

Bonds, Series 2017-3

.000

10/01/42

2,454,387

1,180,000

Saint Paul Port Authority, Minnesota, District Energy Revenue

Bonds, Series 2017-4, (AMT)

.000

10/01/40

1,165,117

300,000

Saint Paul Port Authority, Minnesota, District Energy Revenue

Bonds, Series 2021-1. 501 C3

.000

10/01/34

299,521

1,100,000

Saint Paul Port Authority, Minnesota, District Energy Revenue

Bonds, Series 2021-2, (AMT)

.000

10/01/40

1,086,126

1,250,000

Saint Paul Port Authority, Minnesota, District Energy Revenue

Bonds, Series 2023-3, (AMT)

.250

10/01/42

1,322,690

1,325,000

Saint Paul Port Authority, Minnesota, District Energy Revenue

Bonds, Series 2024-1

.000

10/01/45

1,397,298

1,250,000

Saint Paul Port Authority, Minnesota, District Energy Revenue

Bonds, Series 2024-1

.000

10/01/46

1,311,034

4,905,000

Saint Paul, Minnesota, Water Revenue Bonds, Series 2023A

.000

12/01/47

4,815,874

1,175,000

Sauk Centre Public Utilities Commission, Minnesota, Electric

Revenue Bonds, Series 2024A - AGM Insured

.375

12/01/49

1,165,623

715,000

Southern Minnesota Municipal Power Agency, Power Supply

System Revenue Bonds, Series 2025A

.000

01/01/43

802,682

1,205,000

Southern Minnesota Municipal Power Agency, Power Supply

System Revenue Bonds, Series 2025A

.000

01/01/44

1,331,692

500,000

Southern Minnesota Municipal Power Agency, Power Supply

System Revenue Bonds, Series 2025A

.000

01/01/46

541,587

11,265,000

Western Minnesota Municipal Power Agency, Minnesota, Power

Supply Revenue Bonds, Series 2018A

.000

01/01/49

11,439,379

TOTAL UTILITIES

56,615,155

TOTAL MUNICIPAL BONDS

(Cost $672,208,049)

671,721,723

TOTAL LONG-TERM INVESTMENTS

(Cost $672,208,049)

671,721,723

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 4.6%

X

32,795,000

MUNICIPAL BONDS - 4.6%

X

–

HEALTH CARE - 4.6%

$

5,395,000

(d) Minneapolis, Minnesota, Health Care System Revenue Bonds,

Fairview Health Services, Series 2018A

.050

%

11/15/48

$

5,395,000

8,000,000

(d) Minneapolis, Minnesota, Health Care System Revenue Bonds,

Fairview Health Services, Variable Rate Demand Series 2018B

.020

11/15/48

8,000,000

4,900,000

(d) Rochester, Minnesota, Health Care Facilities Revenue Bonds,

Mayo Clinic Series 2008B

.650

11/15/38

4,900,000

14,500,000

(d) Rochester, Minnesota, Health Care Facilities Revenue Bonds,

Mayo Clinic, Series 2025D

.250

11/15/64

14,500,000

TOTAL HEALTH CARE

32,795,000

TOTAL MUNICIPAL BONDS

(Cost $32,795,000)

32,795,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $32,795,000)

32,795,000

TOTAL INVESTMENTS - 98.1%

(Cost $705,003,049)

704,516,723

OTHER ASSETS & LIABILITIES, NET - 1.9%

13,823,019

NET ASSETS - 100%

$

718,339,742

AMT

Alternative Minimum Tax

SOFR

Secured Overnight Financing Rate

(a) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid

and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.

As of the end of the fiscal period, the aggregate value of these securities is $13,218,222 or 1.9% of Total Investments.

(b) When-issued or delayed delivery security.

(c) Floating or variable rate security includes the reference rate and spread, when applicable. For mortgage-backed or asset-backed

securities the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

(d) Investment has a maturity of greater than one year, but has variable rate and/or demand features which qualify it as a short-term

investment. The rate disclosed, as well as the reference rate and spread, where applicable, is that in effect as of the end of the

reporting period. This rate changes periodically based on market conditions or a specified market index.

#### Portfolio of Investments February 28, 2026
(continued)

#### Minnesota

Minnesota

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Municipal Bonds

$

–

$

671,721,723

$

–

$

671,721,723

Short-Term Investments:

Municipal Bonds

–

32,795,000

–

32,795,000

Total

$

–

$

704,516,723

$

–

$

704,516,723

#### Portfolio of Investments February 28, 2026

#### Nebraska
(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM INVESTMENTS - 99.1%

X

69,957,193

MUNICIPAL BONDS - 99.1%

X

–

EDUCATION AND CIVIC ORGANIZATIONS - 9.7%

$

500,000

Boys Town Village, Nebraska, Revenue Bonds, Boys Town Project

Series 2026

.000

%

07/01/46

$

526,178

500,000

Douglas County, Nebraska, Educational Facilities Revenue

Bonds, Creighton University Projects, Refunding Series 2025

.250

07/01/49

530,843

1,195,000

Nebraska State Colleges Facilities Corporation, Nebraska,

Revenue Bonds, Facilities Program Series 2022B - AGM Insured

.000

07/15/37

1,313,552

1,000,000

Nebraska State Colleges, Student Fees and Facilities Revenue

Bonds, Board of Trustees, Wayne State College Series 2023 -

AGM Insured

.000

07/01/48

1,043,498

445,000

Saline County, Nebraska, Educational Facilities Revenue Bonds,

Doane College Project, Refunding Series 2020A

.000

02/15/35

444,979

500,000

Southeast Community College Area, Nebraska, Facilities

Revenue Bonds, Series 2020 - AGM Insured

.000

03/15/45

417,749

500,000

University of Nebraska Facilities Corporation, Nebraska, Facilities

Bonds, Refunding Series 2017B

.000

05/15/37

505,265

2,000,000

University of Nebraska Facilities Corporation, Nebraska, Facilities

Program Bonds, Green Series 2021B

.000

07/15/51

2,085,728

TOTAL EDUCATION AND CIVIC ORGANIZATIONS

6,867,792

HEALTH CARE - 9.7%

575,000

Douglas County Hospital Authority 2, Nebraska, Health Facilities

Revenue Bonds, Children's Hospital Obligated Group, Refunding

Series 2020A

.000

11/15/40

579,278

300,000

Douglas County Hospital Authority 2, Nebraska, Health Facilities

Revenue Bonds, Children's Hospital Obligated Group, Refunding

Series 2020A

.000

11/15/41

300,657

180,000

Douglas County Hospital Authority 2, Nebraska, Health Facilities

Revenue Bonds, Children's Hospital Obligated Group, Series

2017

.000

11/15/37

183,310

500,000

Douglas County Hospital Authority 2, Nebraska, Health Facilities

Revenue Bonds, Children's Hospital Obligated Group, Series

2017

.000

11/15/47

503,890

440,000

Douglas County Hospital Authority 2, Nebraska, Health Facilities

Revenue Bonds, Nebraska Methodist Health System, Series 2025

.000

11/01/32

497,978

585,000

Douglas County Hospital Authority 2, Nebraska, Health Facilities

Revenue Bonds, Nebraska Methodist Health System, Series 2025

.500

11/01/49

634,685

775,000

Douglas County Hospital Authority 2, Nebraska, Hospital

Revenue Bonds, Madonna Rehabilitation Hospital Project, Series

2014

.000

05/15/44

775,179

260,000

Douglas County Hospital Authority 3, Nebraska, Health Facilities

Revenue Bonds, Nebraska Methodist Health System, Refunding

Series 2015

.125

11/01/36

260,099

1,085,000

Douglas County Hospital Authority 3, Nebraska, Health Facilities

Revenue Bonds, Nebraska Methodist Health System, Refunding

Series 2015

.000

11/01/45

1,085,577

250,000

Madison County Hospital Authority 1, Nebraska, Hospital

Revenue Bonds, Faith Regional Health Services Project,

Refunding Series 2017A

.000

07/01/30

255,602

500,000

Madison County Hospital Authority 1, Nebraska, Hospital

Revenue Bonds, Faith Regional Health Services Project, Series

2018

.000

07/01/34

500,254

435,000

Madison County Hospital Authority 1, Nebraska, Hospital

Revenue Bonds, Faith Regional Health Services Project, Series

2018

.000

07/01/35

435,217

875,000

Scotts Bluff County Hospital Authority 1, Nebraska, Hospital

Revenue Bonds, Regional West Medical Center Project,

Refunding & Improvement Series 2016A

.250

02/01/37

849,050

TOTAL HEALTH CARE

6,860,776

HOUSING/SINGLE FAMILY - 0.9%

660,000

Nebraska Investment Finance Authority, Single Family Housing

Revenue Bonds, Refunding Series 2016A

.500

09/01/36

659,745

TOTAL HOUSING/SINGLE FAMILY

659,745

#### Portfolio of Investments February 28, 2026
(continued)

#### Nebraska

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM CARE - 1.6%

$

1,200,000

Nebraska Educational, Health, Cultural and Social Services

Finance Authority, Revenue Bonds, Immanuel Retirement

Communities Obligated Group, Series 2019A

.000

%

01/01/49

$

1,094,819

TOTAL LONG-TERM CARE

1,094,819

TAX OBLIGATION/GENERAL - 47.1%

500,000

Adams County, Nebraska, General Obligation Bonds, Series

2023A

.000

12/15/42

513,962

750,000

Bellevue, Nebraska, Tax Supported Municipal Improvement

Bonds, Series 2024

.000

09/15/49

713,295

500,000

Buffalo County School District 007 Kearney Public Schools,

Nebraska, General Obligation Bonds, School Building Series

2016

.000

12/15/36

494,583

500,000

Cass County School District 32 Louisville Public Schools,

Nebraska, General Obligation Bonds, School Building Series

2026

.000

12/15/46

518,380

270,000

Cass County School District 56 Conestoga Public Schools,

Nebraska, General Obligation Bonds, School Building Series

2025A

.000

12/15/39

288,035

380,000

Cass County School District 56 Conestoga Public Schools,

Nebraska, General Obligation Bonds, School Building Series

2025B

.000

12/15/39

387,615

750,000

City of Omaha, Nebraska, Special Tax Revenue Redevelopment

and Refunding Bonds, Series 2024A

.000

04/15/44

818,938

1,000,000

Custer County School District 025 Broken Bow Public Schools,

Nebraska, General Obligation Bonds, School Building Series

2024 - BAM Insured

.000

12/15/41

1,043,974

750,000

Dodge County School District 1 Fremont, Nebraska, General

Obligation Bonds, Series 2023 - AGM Insured

.000

12/15/48

795,567

1,000,000

Douglas County School District 059, Nebraska, General

Obligation Bonds, Bennington Public Schools, Series 2016

.375

12/15/41

936,596

500,000

Douglas County School District 059, Nebraska, General

Obligation Bonds, School Building Series 2026

.000

06/15/46

541,746

1,500,000

Douglas County School District 1, Nebraska, General Obligation

Bonds, Omaha Public Schools Series 2020

.000

12/15/43

1,314,367

1,000,000

Douglas County School District 10 Elkhorn, Nebraska, General

Obligation Bonds, Series 2018

.000

12/15/38

1,016,927

1,000,000

Douglas County School District 10 Elkhorn, Nebraska, General

Obligation Bonds, Series 2024 - AGM Insured

.000

12/15/45

988,229

1,000,000

Douglas County School District 10 Elkhorn, Nebraska, General

Obligation Bonds, Series 2025

.000

06/15/45

1,086,815

480,000

Douglas County School District 10 Elkhorn, Nebraska, General

Obligation Bonds, Series 2026

.000

06/15/45

523,635

405,000

Douglas County School District 54, Ralston, Nebraska, General

Obligation Bonds, Series 2023

.000

12/15/43

434,617

1,000,000

Douglas County School District 54, Ralston, Nebraska, General

Obligation Bonds, Series 2023

.000

12/15/48

1,049,136

635,000

Douglas County School District 66, Westside, Nebraska, General

Obligation Bonds, Series 2023

.000

12/01/41

685,101

425,000

Douglas County School District 66, Westside, Nebraska, General

Obligation Bonds, Series 2025B

.000

12/01/44

455,335

350,000

Gretna, Nebraska, Tax Supported Municipal Improvement Bonds,

Refunding Series 2025B

.375

12/15/41

359,430

250,000

Hall County, Nebraska, Limited Tax Bonds, Building Series 2024

.000

12/15/40

264,246

250,000

Hall County, Nebraska, Limited Tax Bonds, Building Series 2024

.000

12/15/44

247,974

375,000

Kearney County School District 501, Nebraska, General

Obligation Bonds, Axtell Community Schools School Building

Series 2024

.000

12/15/39

397,538

375,000

Kearney County School District 501, Nebraska, General

Obligation Bonds, Axtell Community Schools School Building

Series 2024

.000

12/15/44

373,916

965,000

Kearney County, Nebraska, General Obligation Bonds,

Recreational Facilities Series 2022

.000

05/15/42

965,623

1,000,000

La Vista, Nebraska, General Obligation Bonds, Highway

Allocation Pledge Series 2023

.000

09/15/43

1,039,807

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/GENERAL

(continued)

$

1,000,000

La Vista, Sarpy County, Nebraska, Tax Supported Bonds, Taxable

Refunding Series 2022 - AGM Insured

.000

%

09/15/42

$

1,026,020

1,000,000

Lancaster County School District 1, Lincoln, Nebraska, General

Obligation Bonds, Series 2020

.000

01/15/43

880,896

500,000

Nance County School District 30, Nebraska, General Obligation

Bonds, Twin River Public School School Building Series 2024 -

BAM Insured

.125

12/15/49

479,797

300,000

North Platte Airport Authority, Nebraska, General Obligation

Bonds, Series 2024

.750

12/15/44

300,205

500,000

Omaha, Nebraska, General Obligation Bonds, Refunding &

Various Purpose Series 2018A

.000

01/15/37

504,910

500,000

Omaha, Nebraska, General Obligation Bonds, Refunding &

Various Purpose Series 2019

.000

04/15/37

513,049

610,000

Omaha, Nebraska, General Obligation Bonds, Series 2025A

.000

04/15/45

664,128

1,000,000

Omaha, Nebraska, General Obligation Bonds, Various Purpose

Series 2022

.000

04/15/41

1,094,921

500,000

Omaha, Nebraska, Special Tax Redevelopment Bonds, Series

2018A

.000

01/15/33

512,569

1,000,000

Omaha, Nebraska, Special Tax Redevelopment Bonds, Series

2024C

.000

04/15/49

940,370

1,000,000

Otoe County School District 0501 Palmyra District OR-1,

Nebraska, General Obligation Bonds, School Building Series

2022

.000

12/15/42

1,022,728

1,000,000

Papillion-LaVista School District 27, Sarpy County, Nebraska,

General Obligation Bonds, Series 2023

.250

12/01/43

1,037,464

1,000,000

Papillion-LaVista School District 27, Sarpy County, Nebraska,

General Obligation Bonds, Series 2025

.000

12/01/45

1,081,089

1,000,000

Sarpy County School District 037 Gretna Public Schools,

Nebraska, General Obligation Bonds, Series 2019

.000

06/15/40

1,052,246

1,000,000

Southeast Community College Area, Nebraska, Certificates of

Participation, Series 2018

.000

12/15/47

1,017,415

500,000

Southeast Community College Area, Nebraska, Certificates of

Participation, Series 2025

.000

12/15/45

532,280

1,000,000

Wayne County School District 17, Nebraska, General Obligation

Bonds, Wayne Community Schools, School Building Series 2023

.250

12/15/48

987,808

530,000

Wayne County School District 17, Nebraska, General Obligation

Bonds, Wayne Community Schools, School Building Series 2024

.000

12/15/43

551,559

750,000

York County School District 12, Nebraska, General Obligation

Bonds, School Building Series 2024

.000

12/15/45

784,543

TOTAL TAX OBLIGATION/GENERAL

33,239,384

TAX OBLIGATION/LIMITED - 9.8%

500,000

Blair, Nebraska, Highway Allocation Fund Pledge Bonds, Series

2023

.000

06/15/43

503,095

500,000

Columbus, Nebraska, Sales Tax Revenue Bonds, Police & Fire

Project, Series 2018

.000

09/15/27

500,598

1,250,000

Douglas County Nebraska, Sanitary and Improvement, District

Number 608, General Obligation Bonds, North Streams, Series

2022

.000

12/15/47

1,152,705

450,000

Douglas County Sanitary and Improvement District 607 Deer

Crest, Nebraska, General Obligation Bonds, Series 2024

.000

09/15/44

451,107

1,060,000

Matching Fund Special Purpose Securitization Corporation,

Virgin Islands, Revenue Bonds, Series 2022A

.000

10/01/28

1,100,611

600,000

Omaha Public Facilities Corporation, Nebraska, Lease Revenue

Bonds, Series 2025E

.000

04/15/44

658,451

600,000

Omaha Public Facilities Corporation, Nebraska, Lease Revenue

Bonds, Series 2025E

.000

04/15/45

650,357

1,950,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue

Bonds, Restructured 2018A-1

.000

07/01/58

1,913,981

TOTAL TAX OBLIGATION/LIMITED

6,930,905

#### Portfolio of Investments February 28, 2026
(continued)

#### Nebraska

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TRANSPORTATION - 3.8%

$

1,000,000

Lincoln, Nebraska, Airport Revenue Bonds, Series 2021, (AMT)

.000

%

07/01/36

$

1,042,507

550,000

Omaha Airport Authority, Nebraska, Airport Facilities Revenue

Bonds, Series 2017A, (AMT)

.000

12/15/36

558,068

1,000,000

Omaha Airport Authority, Nebraska, Airport Facilities Revenue

Bonds, Series 2024, (AMT)

.250

12/15/49

1,053,208

TOTAL TRANSPORTATION

2,653,783

UTILITIES - 16.5%

465,000

Central Plains Energy Project, Nebraska, Gas Project 3 Revenue

Bonds, Refunding Crossover Series 2017A

.000

09/01/37

526,700

1,000,000

(a) Central Plains Energy Project, Nebraska, Gas Project 4 Revenue

Bonds, Refunding Series 2023A-1, (Mandatory Put 11/01/29)

.000

05/01/54

1,070,099

1,930,000

Guam Government Waterworks Authority, Water and Wastewater

System Revenue Bonds, Refunding Series 2017

.000

07/01/40

1,964,135

500,000

Guam Power Authority, Revenue Bonds, Refunding Series 2022A

.000

10/01/43

527,756

1,000,000

Nebraska Public Power District, General Revenue Bonds, Series

2016A

.000

01/01/41

1,000,938

1,000,000

Nebraska Public Power District, General Revenue Bonds, Series

2023A

.000

07/01/28

1,051,056

1,000,000

Omaha Public Power District, Nebraska, Electric System Revenue

Bonds, Series 2018A

.000

02/01/39

1,040,452

750,000

Omaha Public Power District, Nebraska, Electric System Revenue

Bonds, Series 2022B

.000

02/01/47

790,781

1,000,000

Omaha Public Power District, Nebraska, Electric System Revenue

Bonds, Series 2024A

.500

02/01/49

1,093,650

500,000

Omaha Public Power District, Nebraska, Electric System Revenue

Bonds, Series 2025A

.000

02/01/43

558,220

1,000,000

Omaha Public Power District, Nebraska, Electric System Revenue

Bonds, Series 2025B

.000

02/01/47

1,079,740

500,000

Public Power Generation Agency, Nebraska, Whelan Energy

Center Unit 2 Revenue Bonds, Refunding Series 2016A

.000

01/01/40

503,046

100,000

Wheat Belt Public Power District, Nebraska, Electric System

Revenue Bonds, Series 2025

.625

09/01/41

101,087

340,000

Wheat Belt Public Power District, Nebraska, Electric System

Revenue Bonds, Series 2025

.000

09/01/45

342,329

TOTAL UTILITIES

11,649,989

TOTAL MUNICIPAL BONDS

(Cost $69,687,879)

69,957,193

TOTAL LONG-TERM INVESTMENTS

(Cost $69,687,879)

69,957,193

OTHER ASSETS & LIABILITIES, NET - 0.9%

634,464

NET ASSETS - 100%

$

70,591,657

AMT

Alternative Minimum Tax

(a) Floating or variable rate security includes the reference rate and spread, when applicable. For mortgage-backed or asset-backed

securities the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

Nebraska

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Municipal Bonds

$

–

$

69,957,193

$

–

$

69,957,193

Total

$

–

$

69,957,193

$

–

$

69,957,193

#### Portfolio of Investments February 28, 2026

#### Oregon Intermediate
(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM INVESTMENTS - 91.2%

X

207,128,761

MUNICIPAL BONDS - 91.2%

X

–

EDUCATION AND CIVIC ORGANIZATIONS - 6.1%

$

1,095,000

Forest Grove, Oregon, Campus Improvement Revenue Bonds,

Pacific University Project, Refunding Series 2015A

.000

%

05/01/30

$

1,096,225

1,525,000

Forest Grove, Oregon, Campus Improvement Revenue Bonds,

Pacific University Project, Refunding Series 2022A

.000

05/01/32

1,630,221

420,000

Oregon Facilities Authority, Oregon, Revenue Bonds, Southern

Oregon Goodwill project, Series A

.000

12/01/40

444,706

95,000

(a) Oregon Facilities Authority, Revenue Bonds, Howard Street

Charter School Project, Series 2019A

.000

06/15/29

97,494

920,000

(a) Oregon Facilities Authority, Revenue Bonds, Metro East Web

Academy Project, Series 2019A

.000

06/15/34

944,476

2,190,000

Oregon Facilities Authority, Revenue Bonds, University of

Portland Projects, Refunding Series 2025A

.000

04/01/38

2,419,292

2,025,000

Oregon Facilities Authority, Revenue Bonds, University of

Portland Projects, Refunding Series 2025A

.000

04/01/40

2,199,937

490,000

(a) Oregon State Facilities Authority, Oregon, Charter School

Revenue Bonds, Academy for Character Education, Series 2022A

.750

06/15/42

525,394

455,000

(a) Oregon State Facilities Authority, Oregon, Charter School

Revenue Bonds, Redmond Proficiency Academy Project, Series

2025A

.500

06/15/45

466,492

1,000,000

Yamhill County, Oregon, Revenue Bonds, George Fox University

Project, Refunding Series 2021

.000

12/01/36

1,039,069

1,875,000

Yamhill County, Oregon, Revenue Bonds, George Fox University

Project, Refunding Series 2021

.000

12/01/41

1,906,491

1,000,000

Yamhill County, Oregon, Revenue Bonds, Linfield University

Project, Refunding Series 2020A

.000

10/01/35

1,043,434

TOTAL EDUCATION AND CIVIC ORGANIZATIONS

13,813,231

HEALTH CARE - 10.1%

455,000

Astoria Hospital Facilities Authority, Oregon, Hospital Revenue

Bonds, Columbia Memorial Hospital Project, Series 2024

.250

08/01/39

502,388

1,000,000

Astoria Hospital Facilities Authority, Oregon, Hospital Revenue

Bonds, Columbia Memorial Hospital Project, Series 2024

.250

08/01/40

1,091,231

375,000

Deschutes County Hospital Facility Authority, Oregon, Hospital

Revenue Bonds, Saint Charles Health System, Inc., Series 2016A

.000

01/01/33

375,133

1,000,000

Deschutes County Hospital Facility Authority, Oregon, Hospital

Revenue Bonds, Saint Charles Health System, Inc., Series 2016A

.000

01/01/33

1,001,129

715,000

Deschutes County Hospital Facility Authority, Oregon, Hospital

Revenue Bonds, Saint Charles Health System, Inc., Series 2020A

.000

01/01/34

740,780

3,985,000

Oregon Facilities Authority, Revenue Bonds, Peacehealth System,

Refunding Series 2014A

.125

11/15/32

3,986,892

600,000

Oregon Facilities Authority, Revenue Bonds, Samaritan Health

Services Project, Refunding Series 2020A

.000

10/01/30

646,352

485,000

Oregon Facilities Authority, Revenue Bonds, Samaritan Health

Services, Refunding Series 2016A

.000

10/01/29

487,489

1,325,000

Oregon Facilities Authority, Revenue Bonds, Samaritan Health

Services, Refunding Series 2016A

.000

10/01/30

1,330,790

4,105,000

(b) Oregon Health and Science University, Revenue Bonds, Green

Series 2021B-1, (Mandatory Put 2/01/30)

.000

07/01/46

4,444,315

1,000,000

Oregon Health and Science University, Revenue Bonds, Series

2019A

.000

07/01/29

1,082,129

560,000

Salem Hospital Facility Authority, Oregon, Revenue Bonds, Salem

Health Projects, Refunding Series 2016A

.000

05/15/30

562,856

1,000,000

Salem Hospital Facility Authority, Oregon, Revenue Bonds, Salem

Health Projects, Refunding Series 2016A

.000

05/15/31

1,004,899

1,200,000

Salem Hospital Facility Authority, Oregon, Revenue Bonds, Salem

Health Projects, Refunding Series 2016A

.000

05/15/46

1,201,799

2,235,000

Salem Hospital Facility Authority, Oregon, Revenue Bonds, Salem

Health Projects, Series 2019A

.000

05/15/32

2,396,907

1,230,000

Union County Oregon, Hospital Facility Authority Revenue

Bonds, Grande Ronde Hospital Incorporated, Series 2022

.000

07/01/33

1,339,182

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

HEALTH CARE

(continued)

$

695,000

Union County Oregon, Hospital Facility Authority Revenue

Bonds, Grande Ronde Hospital Incorporated, Series 2022

.000

%

07/01/34

$

753,513

TOTAL HEALTH CARE

22,947,784

HOUSING/MULTIFAMILY - 0.6%

340,000

Home Forward, Oregon, Multifamily Housing Revenue Bonds,

Lovejoy Station Apartments, Refunding Series 2016

.000

07/15/29

341,995

1,000,000

(b) Oregon Housing and Community Services Department, Oregon,

Multifamily Housing Revenue Bonds, Hollywood Hub Apartments

Project, Series 2024R, (Mandatory Put 1/01/29)

.000

01/10/48

1,024,115

TOTAL HOUSING/MULTIFAMILY

1,366,110

HOUSING/SINGLE FAMILY - 0.7%

935,000

Oregon Housing and Community Services Department, Single

Family Mortgage Program Revenue Bonds, Series 2021A

.900

01/01/33

845,928

825,000

Oregon Housing and Community Services Department, Single

Family Mortgage Program Revenue Bonds, Series 2021A

.950

07/01/33

742,924

TOTAL HOUSING/SINGLE FAMILY

1,588,852

INFORMATION TECHNOLOGY - 0.9%

2,000,000

(b) Oregon State Business Development Commission, Recovery

Zone Facility Revenue Bonds, Intel Corporation Project, 232

Series 2010, (Mandatory Put 6/15/28)

.800

12/01/40

2,041,282

TOTAL INFORMATION TECHNOLOGY

2,041,282

LONG-TERM CARE - 4.6%

385,000

Clackamas County Hospital Facility Authority, Oregon, Revenue

Bonds, Rose Villa Inc., Series 2020A

.000

11/15/27

392,941

300,000

Clackamas County Hospital Facility Authority, Oregon, Revenue

Bonds, Rose Villa Inc., Series 2020A

.000

11/15/28

306,196

315,000

Clackamas County Hospital Facility Authority, Oregon, Revenue

Bonds, Rose Villa Inc., Series 2020A

.000

11/15/29

321,508

330,000

Clackamas County Hospital Facility Authority, Oregon, Revenue

Bonds, Rose Villa Inc., Series 2020A

.000

11/15/30

336,812

200,000

Clackamas County Hospital Facility Authority, Oregon, Senior

Living Revenue Bonds, Willamette View Project, Series 2017A

.000

05/15/26

200,075

400,000

Clackamas County Hospital Facility Authority, Oregon, Senior

Living Revenue Bonds, Willamette View Project, Series 2017A

.000

11/15/26

400,629

350,000

Clackamas County Hospital Facility Authority, Oregon, Senior

Living Revenue Bonds, Willamette View Project, Series 2017A

.000

05/15/27

351,448

350,000

Clackamas County Hospital Facility Authority, Oregon, Senior

Living Revenue Bonds, Willamette View Project, Series 2017A

.000

11/15/27

351,964

930,000

Multnomah County Hospital Facilities Authority, Oregon,

Revenue Bond, Terwilliger Plaza, Inc., Refunding Series 2012

.000

12/01/29

930,618

325,000

Multnomah County Hospital Facilities Authority, Oregon,

Revenue Bond, Terwilliger Plaza, Inc., Refunding Series 2016

.000

12/01/30

328,295

1,005,000

Multnomah County Hospital Facilities Authority, Oregon,

Revenue Bonds, Terwilliger Plaza-Parkview Project, Refunding

Green Series 2021A

.000

12/01/36

1,000,321

1,040,000

Polk County Hospital Facility Authority, Oregon, Revenue Bonds,

Dallas Retirement Village Project, Series 2015A

.125

07/01/35

1,040,558

1,540,000

Salem Hospital Facility Authority, Oregon, Revenue Bonds,

Capital Manor, Inc., Refunding Bonds, Series 2022

.000

05/15/40

1,523,971

1,150,000

Yamhill County Hospital Authority, Oregon, Revenue Bonds,

Friendsview Retirement Community, Refunding Series 2016A

.000

11/15/31

1,158,204

1,820,000

Yamhill County Hospital Authority, Oregon, Revenue Bonds,

Friendsview Retirement Community, Refunding Series 2021A

.000

11/15/36

1,878,353

TOTAL LONG-TERM CARE

10,521,893

TAX OBLIGATION/GENERAL - 40.9%

750,000

Aurora, Marion County, Oregon, General Obligation Bonds,

Taxable Series 2024 - BAM Insured

.250

06/01/45

811,852

2,400,000

Beaverton School District 48J, Washington and Multnomah

Counties, Oregon, General Obligation Bonds, Current Interest

Series 2017C

.000

06/15/35

2,478,775

2,000,000

Beaverton School District 48J, Washington and Multnomah

Counties, Oregon, General Obligation Bonds, Deferred Interest

Series 2017B

.000

06/15/33

1,510,388

#### Portfolio of Investments February 28, 2026
(continued)

#### Oregon Intermediate

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/GENERAL

(continued)

$

2,000,000

Beaverton School District 48J, Washington and Multnomah

Counties, Oregon, General Obligation Bonds, Series 2025A

.000

%

06/15/41

$

1,043,703

820,000

Beaverton School District 48J, Washington and Multnomah

Counties, Oregon, General Obligation Bonds, Series 2025B

.000

06/15/36

980,032

1,380,000

Bend, Oregon, General Obligation Bonds, Full Faith & Credit

Series 2023

.000

06/01/36

1,622,605

350,000

Benton and Linn Counties District School District 509J Corvallis,

Oregon, General Obligation Bonds, Series 2018A

.000

06/15/26

352,839

2,835,000

Benton and Linn Counties District School District 509J Corvallis,

Oregon, General Obligation Bonds, Series 2018A

.000

06/15/27

2,939,050

350,000

Benton County, Oregon, Full Faith and Credit Obligations, Series

2023

.000

06/01/37

399,511

250,000

Benton County, Oregon, Full Faith and Credit Obligations, Series

2023

.000

06/01/38

282,987

1,000,000

Boardman, Morrow County, Oregon, General Obligation Bonds,

Series 2021 - BAM Insured

.000

06/15/35

1,038,208

680,000

Chemeketa Community College District, Oregon, General

Obligation Bonds, Series 2025B

.000

06/15/38

798,876

1,000,000

Chemeketa Community College District, Oregon, General

Obligation Bonds, Series 2025B

.000

06/15/42

1,134,958

1,665,000

Clackamas and Multnomah Counties School District 7J Lake

Oswego, Oregon, General Obligation Bonds, Series 2017

.000

06/01/32

1,695,367

1,000,000

Clackamas and Multnomah Counties School District 7J, Lake

Oswego, Oregon, General Obligation Bonds, Series 2025

.000

06/01/42

1,134,473

875,000

Clackamas Community College District, Oregon, General

Obligation Bonds, Refunding Series 2025

.000

06/15/42

991,591

3,575,000

Clackamas County School District 12, North Clackamas, Oregon,

General Obligation Bonds, Deferred Interest Series 2017A

.000

06/15/41

1,805,828

585,000

Clackamas County School District 12, North Clackamas, Oregon,

General Obligation Bonds, Series 2018

.000

06/15/31

621,240

550,000

Clackamas County School District 12, North Clackamas, Oregon,

General Obligation Bonds, Series 2018

.000

06/15/32

583,590

1,225,000

Clackamas County School District 62, Oregon City, Oregon,

General Obligation Bonds, Series 2025B

.000

06/15/44

1,359,347

1,135,000

David Douglas School District 40, Multnomah County, Oregon,

General Obligation Bonds, Series 2023A

.000

06/15/34

868,979

2,000,000

David Douglas School District 40, Multnomah County, Oregon,

General Obligation Bonds, Series 2023A

.000

06/15/35

1,453,164

1,210,000

David Douglas School District 40, Multnomah County, Oregon,

General Obligation Bonds, Series 2023A

.000

06/15/37

780,209

1,000,000

David Douglas School District 40, Multnomah County, Oregon,

General Obligation Bonds, Series 2023A

.000

06/15/38

606,040

1,000,000

Deschutes and Jefferson Counties School District 2J Redmond,

Oregon, General Obligation Bonds, Series 2025

.000

06/15/42

1,122,201

1,335,000

Deschutes County Administrative School District 1, Bend-La Pine,

Oregon, General Obligation Bonds, Series 2023

.000

06/15/36

1,535,055

2,000,000

Deschutes County Administrative School District 1, Bend-La Pine,

Oregon, General Obligation Bonds, Series 2025

.000

06/15/41

2,279,613

1,500,000

Hillsboro, Washington County, Oregon, General Obligation

Bonds, Series 2026

.000

06/01/40

1,752,859

1,500,000

Hillsboro, Washington County, Oregon, General Obligation

Bonds, Series 2026

.000

06/01/41

1,572,689

605,000

Hoodland Rural Fire Protection District 74, Oregon, General

Obligation Bonds, Series 2025

.000

06/15/38

699,376

1,845,000

Jackson County School District 5 Ashland, Oregon, General

Obligation Bonds, Series 2019

.000

06/15/34

1,992,553

190,000

Keizer, Oregon, General Obligation Assessment Bonds, Keizer

Station Area A Local Improvement District, Series 2008

.200

06/01/31

190,419

1,000,000

Lane Community College, Lane, Linn, Benton and Douglas

Counties, Oregon, General Obligation Bonds, Series 2020A

.000

06/15/33

1,059,885

1,750,000

Lane Community College, Lane, Linn, Benton and Douglas

Counties, Oregon, General Obligation Bonds, Series 2020A

.000

06/15/34

1,846,305

3,900,000

Lane County School District 4J Eugene, Oregon, General

Obligation Bonds, School Bond Guaranty Series 2019

.000

06/15/35

4,041,550

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/GENERAL

(continued)

$

500,000

(c) Lincoln County School District, Oregon, General Obligation

Bonds, Conv Deferred Interest, Series 2025

.000

%

06/15/37

$

569,985

500,000

(c) Lincoln County School District, Oregon, General Obligation

Bonds, Conv Deferred Interest, Series 2025

.000

06/15/39

561,417

2,000,000

Marion and Polk Counties School District 24J, Salem-Kreizer,

Oregon, General Obligation Bonds, Convertible Deferred

Interest Series 2020B

.000

06/15/34

2,212,169

2,145,000

Marion and Polk Counties School District 24J, Salem-Kreizer,

Oregon, General Obligation Bonds, Convertible Deferred

Interest Series 2020B

.000

06/15/35

2,362,862

2,000,000

Marion and Polk Counties School District 24J, Salem-Kreizer,

Oregon, General Obligation Bonds, Series 2018

.000

06/15/33

2,123,135

1,050,000

Marion and Polk Counties School District 24J, Salem-Kreizer,

Oregon, General Obligation Bonds, Series 2018

.000

06/15/38

1,103,291

1,000,000

Marion County School District 15 North Marion, Oregon, General

Obligation Bonds, Series 2018B

.000

06/15/31

1,063,794

2,500,000

Metro, Oregon, General Obligation Bonds, Series 2020A

.000

06/01/34

2,656,394

1,590,000

Metro, Oregon, General Obligation Bonds, Series 2025

.000

06/01/41

1,838,998

1,060,000

Mount Hood Community College District, Oregon, General

Obligation Bonds, Series 2025

.000

06/15/42

1,185,065

450,000

Oregon Coast Community College District, Lincoln County,

Oregon, General Obligation Bonds, Convertible Deferred

Interest Series 2024

.000

06/15/39

517,000

350,000

Oregon Coast Community College District, Lincoln County,

Oregon, General Obligation Bonds, Convertible Deferred

Interest Series 2024

.000

06/15/41

394,678

1,250,000

Oregon State, General Obligation Bonds, Article XI-Q State

Projects, Series 2025K

.000

11/01/42

1,425,654

770,000

Oregon State, General Obligation Bonds, Series 2024A

.000

05/01/37

901,603

145,000

Port of Alsea, Lincoln County, Oregon, General Obligation

Bonds, Series 2018

.750

06/15/28

145,911

180,000

Port of Alsea, Lincoln County, Oregon, General Obligation

Bonds, Series 2018

.000

06/15/33

182,560

900,000

Portland Community College District, Multnomah County,

Oregon, General Obligation Bonds, Refunding Series 2016

.000

06/15/29

907,596

1,455,000

Portland Community College District, Multnomah County,

Oregon, General Obligation Bonds, Series 2023

.000

06/15/38

1,659,743

2,000,000

Puerto Rico, General Obligation Bonds, Restructured Series

2022A-1

.000

07/01/37

2,004,133

500,000

Redmond Area Park and Recreation District, Deschutes County,

Oregon, General Obligation Bonds, Series 2023

.000

06/15/34

580,824

1,850,000

Redmond, Oregon, Full Faith and Credit Obligations, Airport

Expansion Project, Series 2025A, (AMT)

.000

06/01/37

2,098,116

500,000

Redmond, Oregon, Full Faith and Credit Obligations, Airport

Expansion Project, Series 2025A, (AMT)

.000

06/01/39

558,654

630,000

Redmond, Oregon, Full Faith and Credit Obligations, Series

2019B-1

.000

06/01/36

668,727

2,285,000

Saint Helens, Oregon, Full Faith and Credit Obligations, Series

2021

.000

08/01/41

2,335,439

1,000,000

Tillamook County School District 009, Oregon, General

Obligation Bonds, Series 2025

.000

06/15/39

1,149,033

245,000

Umatilla County School District 6R Umatilla, Oregon, General

Obligation Bonds, Series 2017

.000

06/15/27

253,833

340,000

Umatilla County School District 6R Umatilla, Oregon, General

Obligation Bonds, Series 2017

.000

06/15/29

352,701

315,000

Umatilla County School District 6R Umatilla, Oregon, General

Obligation Bonds, Series 2017

.000

06/15/31

326,468

500,000

Washington and Clackamas Counties School District 23J Tigard-

Tualatin, Oregon, General Obligation Bonds, Series 2025

.000

06/15/37

592,123

750,000

Washington and Clackamas Counties School District 23J Tigard-

Tualatin, Oregon, General Obligation Bonds, Series 2025

.000

06/15/38

881,113

750,000

Washington and Clackamas Counties School District 23J Tigard-

Tualatin, Oregon, General Obligation Bonds, Series 2025

.000

06/15/39

874,926

6,000,000

Washington County School District 13, Oregon, General

Obligation Bonds, Series 2024A

.000

06/15/44

2,628,690

#### Portfolio of Investments February 28, 2026
(continued)

#### Oregon Intermediate

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/GENERAL

(continued)

$

1,320,000

Washington County, Oregon, General Obligation Bonds, Full

Faith & Credit Obligation Series 2016B

.000

%

03/01/31

$

1,321,097

3,845,000

Washington County, Oregon, General Obligation Bonds, Full

Faith & Credit Obligation Series 2025

.000

06/01/42

4,368,614

1,010,000

Washington Multnomah & Yamhill Counties School District 1J

Hillsboro, Oregon, General Obligation Bonds, Series 2017

.000

06/15/31

1,047,200

1,450,000

Washington Multnomah & Yamhill Counties School District 1J

Hillsboro, Oregon, General Obligation Bonds, Series 2017

.000

06/15/34

1,499,465

1,000,000

Yamhill County School District 40, McMinnville, Oregon, General

Obligation Bonds, Refunding Series 2016

.000

06/15/31

1,004,661

1,000,000

Yamhill County School District 40, McMinnville, Oregon, General

Obligation Bonds, Refunding Series 2016

.000

06/15/32

1,004,387

TOTAL TAX OBLIGATION/GENERAL

92,748,176

TAX OBLIGATION/LIMITED - 8.7%

1,000,000

Beaverton, Oregon, Special Revenue Bonds, Series 2020A

.000

06/01/37

1,037,857

200,000

Cannon Beach, Clatsop County, Oregon, General Obligation

Bonds, Full Faith Credit Series 2024

.000

06/01/37

231,287

250,000

Government of Guam, Business Privilege Tax Bonds, Refunding

Series 2025G

.250

01/01/37

284,889

1,635,000

Matching Fund Special Purpose Securitization Corporation,

Virgin Islands, Revenue Bonds, Series 2022A

.000

10/01/28

1,697,640

460,000

Matching Fund Special Purpose Securitization Corporation,

Virgin Islands, Revenue Bonds, Series 2022A

.000

10/01/32

494,270

1,000,000

Oregon Department of Administrative Services, State Lottery

Revenue Bonds, Projects and Refunding Series 2025A

.000

04/01/38

1,173,151

2,000,000

Oregon State Department of Transportation, Highway User Tax

Revenue Bonds, Refunding Subordinate Lien Series 2019A

.000

11/15/35

2,169,020

5,470,000

Oregon State Department of Transportation, Highway User Tax

Revenue Bonds, Subordinate Lien Series 2020A

.000

11/15/39

5,648,669

1,000,000

Oregon State Department of Transportation, Highway User Tax

Revenue Bonds, Subordinate Lien Series 2026A

.000

11/15/43

1,125,986

1,000,000

Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue

Bonds, Taxable Restructured Cofina Project Series 2019A-2

.329

07/01/40

1,002,068

1,600,000

Seaside, Clatsop County, Oregon, Transient Lodgings Tax

Revenue Bonds, Series 2018

.000

12/15/30

1,697,681

1,000,000

Tri-County Metropolitan Transportation District, Oregon, Capital

Grant Receipt Revenue Bonds, Series 2018A

.000

10/01/31

1,048,741

2,060,000

Tri-County Metropolitan Transportation District, Oregon, Capital

Grant Receipt Revenue Bonds, Series 2018A

.000

10/01/33

2,103,350

TOTAL TAX OBLIGATION/LIMITED

19,714,609

TRANSPORTATION - 5.8%

350,000

Jackson County, Oregon, Airport Revenue Bonds, Refunding

Series 2016 - AGM Insured

.000

12/01/34

351,005

1,000,000

(a) Port of Morrow, Morrow County Oregon, Full Faith and Credit

Obligations, Series 2024A

.150

10/01/26

1,000,308

3,745,000

Port of Portland, Oregon, International Airport Revenue Bonds,

Green Series 2023-29, (AMT)

.000

07/01/29

4,056,325

2,400,000

Port of Portland, Oregon, International Airport Revenue Bonds,

Green Series 2024-30A, (AMT)

.000

07/01/37

2,718,589

1,690,000

Port of Portland, Oregon, International Airport Revenue Bonds,

Series 2017-24B, (AMT)

.000

07/01/35

1,718,653

3,040,000

Port of Portland, Oregon, International Airport Revenue Bonds,

Series 2022-28, (AMT)

.000

07/01/34

3,418,898

TOTAL TRANSPORTATION

13,263,778

U.S. GUARANTEED - 0.1% (d)

425,000

Clackamas County School District 12, North Clackamas, Oregon,

General Obligation Bonds, Deferred Interest Series 2017A, (Pre-

refunded 6/15/27)

.000

06/15/41

219,290

TOTAL U.S. GUARANTEED

219,290

UTILITIES - 12.7%

2,140,000

Beaverton, Oregon, Water Revenue Bonds, Series 2020

.000

04/01/40

2,300,484

2,090,000

Beaverton, Oregon, Water Revenue Bonds, Series 2022

.000

04/01/35

2,248,831

2,150,000

Beaverton, Oregon, Water Revenue Bonds, Series 2022

.000

04/01/36

2,291,414

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

UTILITIES

(continued)

$

350,000

Central Lincoln Peoples Utility District, Oregon, Electric Revenue

Bonds, Refunding Series 2025

.000

%

12/01/42

$

395,489

250,000

Clackamas River Water, Oregon, Water Revenue Bonds,

Refunding Series 2025

.000

11/01/37

290,524

300,000

Clackamas River Water, Oregon, Water Revenue Bonds,

Refunding Series 2025

.000

11/01/42

335,045

1,000,000

Emerald Peoples Utility District, Oregon, Electric System Revenue

Bonds, Series 2025

.000

06/01/42

1,125,620

1,135,000

Eugene, Oregon, Electric Utility Revenue Bonds, Refunding

Series 2024

.000

08/01/42

1,270,551

250,000

Eugene, Oregon, Water Utility System Revenue Bonds, Series

2023

.000

08/01/36

289,231

250,000

Eugene, Oregon, Water Utility System Revenue Bonds, Series

2023

.000

08/01/37

287,183

250,000

Eugene, Oregon, Water Utility System Revenue Bonds, Series

2023

.000

08/01/38

285,147

1,065,000

Guam Government Waterworks Authority, Water and Wastewater

System Revenue Bonds, Series 2016

.000

07/01/28

1,072,934

1,120,000

Guam Government Waterworks Authority, Water and Wastewater

System Revenue Bonds, Series 2016

.000

07/01/29

1,128,363

1,180,000

Guam Government Waterworks Authority, Water and Wastewater

System Revenue Bonds, Series 2016

.000

07/01/30

1,188,716

500,000

Guam Power Authority, Revenue Bonds, Refunding Series 2024A

.000

10/01/36

563,024

1,250,000

Guam Power Authority, Revenue Bonds, Refunding Series 2024A

.000

10/01/38

1,386,200

1,595,000

Portland, Oregon, Sewer System Revenue Bonds, Second Lien

Refunding Series 2023A

.000

12/01/36

1,841,104

500,000

Portland, Oregon, Sewer System Revenue Bonds, Second Lien

Refunding Series 2025A

.000

10/01/42

567,262

2,500,000

Portland, Oregon, Water System Revenue Bonds, Refunding First

Lien Series 2016A

.000

04/01/33

2,501,819

3,000,000

Portland, Oregon, Water System Revenue Bonds, Refunding First

Lien Series 2022A

.000

04/01/35

3,192,779

1,000,000

(a) Puerto Rico Aqueduct and Sewerage Authority, Revenue Bonds,

Refunding Senior Lien Series 2021B

.000

07/01/33

1,060,786

1,000,000

Tigard, Washington County, Oregon, Water System Revenue

Bonds, Refunding Series 2025 - BAM Insured

.000

08/01/43

1,119,417

1,525,000

(a) Warm Springs Reservation Confederated Tribes, Oregon,

Hydroelectric Revenue Bonds, Tribal Economic Development

Bond Pelton Round Butte Project, Taxable Refunding Green

Series 2019B

.000

11/01/33

1,632,486

500,000

(a) Warm Springs Reservation Confederated Tribes, Oregon,

Hydroelectric Revenue Bonds, Tribal Economic Development

Bond Pelton Round Butte Project, Taxable Refunding Green

Series 2019B

.000

11/01/36

529,347

TOTAL UTILITIES

28,903,756

TOTAL MUNICIPAL BONDS

(Cost $201,593,700)

207,128,761

TOTAL LONG-TERM INVESTMENTS

(Cost $201,593,700)

207,128,761

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SHORT-TERM INVESTMENTS - 5.1%

X

11,495,000

MUNICIPAL BONDS - 5.1%

X

–

HEALTH CARE - 2.5%

$

2,100,000

(e) Oregon Facilities Authority, Revenue Bonds, Peacehealth System,

Refunding Series 2018A

.900

08/01/34

$

2,100,000

3,485,000

(e) Oregon Facilities Authority, Revenue Bonds, Peacehealth System,

Refunding Series 2018B

.900

08/01/34

3,485,000

TOTAL HEALTH CARE

5,585,000

#### Portfolio of Investments February 28, 2026
(continued)

#### Oregon Intermediate

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TAX OBLIGATION/GENERAL - 2.6%

$

2,500,000

(e) Oregon State, General Obligation Bonds, Department of

Veterans Affairs Series 105B of 2020J

.900

%

06/01/39

$

2,500,000

1,040,000

(e) Oregon State, General Obligation Bonds, Department of

Veterans Affairs Series 2020M

.900

12/01/44

1,040,000

750,000

(e) Oregon State, General Obligation Bonds, Veterans' Welfare

Series 95 of 2015P

.000

12/01/36

750,000

1,620,000

(e) Oregon State, General Obligation Bonds, Veteran's Welfare

Series 110 Series 2022E

.900

06/01/45

1,620,000

TOTAL TAX OBLIGATION/GENERAL

5,910,000

TOTAL MUNICIPAL BONDS

(Cost $11,495,000)

11,495,000

TOTAL SHORT-TERM INVESTMENTS

(Cost $11,495,000)

11,495,000

TOTAL INVESTMENTS - 96.3%

(Cost $213,088,700)

218,623,761

OTHER ASSETS & LIABILITIES, NET - 3.7%

8,445,079

NET ASSETS - 100%

$

227,068,840

AMT

Alternative Minimum Tax

(a) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid

and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.

As of the end of the fiscal period, the aggregate value of these securities is $6,256,783 or 2.9% of Total Investments.

(b) Floating or variable rate security includes the reference rate and spread, when applicable. For mortgage-backed or asset-backed

securities the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

(c) Step-up coupon bond, a bond with a coupon that increases ("steps up"), usually at regular intervals, while the bond is outstanding.

The rate shown is the coupon as of the end of the fiscal period.

(d) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely

payment of principal and interest.

(e) Investment has a maturity of greater than one year, but has variable rate and/or demand features which qualify it as a short-term

investment. The rate disclosed, as well as the reference rate and spread, where applicable, is that in effect as of the end of the

reporting period. This rate changes periodically based on market conditions or a specified market index.

Oregon Intermediate

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Municipal Bonds

$

–

$

207,128,761

$

–

$

207,128,761

Short-Term Investments:

Municipal Bonds

–

11,495,000

–

11,495,000

Total

$

–

$

218,623,761

$

–

$

218,623,761

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Nuveen Investment Funds, Inc.

- **b. Investment Company Act file number:** 811-05309

- **c. CIK number of Registrant:** 0000820892

- **d. LEI of Registrant:** 549300L93TESPETT4366

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

  - **Street Address 1:** 333 W. Wacker Dr

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-917-7700

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

- **a. Name of Series:** Nuveen Minnesota Intermediate Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000005558

- **c. LEI of Series:** 54930006M9H0NOT3J051

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

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2026-02-28

**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:** $393223144.00

**Total Liabilities:** $2221018.00

**Net Assets:** $391002126.00

**Delayed Delivery Securities:** $895000.00

**Cash Not Reported:** $11925358.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -137.11000000 | **1-Year:** -2437.69000000 | **5-Year:** -16493.67000000 | **10-Year:** -109332.88000000 | **30-Year:** -35879.98000000

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

- **3-Month:** -55.94000000 | **1-Year:** -587.46000000 | **5-Year:** -3432.43000000 | **10-Year:** -9205.94000000 | **30-Year:** -1649.72000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000015134 | 0.36%                | 0.66%                | 0.96%                |
| Class ID C000015135 | 0.27%                | 0.78%                | 0.88%                |
| Class ID C000137678 | 0.19%                | 0.70%                | 0.80%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-11152.91               | $239747.95                                 |
| Month 2  | $-0.01                   | $1871180.95                                |
| Month 3  | $9437.49                 | $2554235.83                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Baytown Township, Minnesota Charter School Lease Revenue Bonds, Saint Croix Preparatory Academy, Refunding Series 2016A                                | Baytown Township, Minnesota Charter School Lease Revenue Bonds, Saint Croix Preparatory Academy, Refunding Series 2016A                                | CUSIP: 073225AS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $129975.59    | 0.03%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brainerd, Minnesota, Electric Utility Revenue Bonds, Series 2014A                                                                                      | Brainerd, Minnesota, Electric Utility Revenue Bonds, Series 2014A                                                                                      | CUSIP: 10489RBE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $475697.16    | 0.12%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brainerd, Minnesota, Electric Utility Revenue Bonds, Series 2014A                                                                                      | Brainerd, Minnesota, Electric Utility Revenue Bonds, Series 2014A                                                                                      | CUSIP: 10489RBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $495729.33    | 0.13%             | 2029-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buffalo, Minnesota, Water and Sewer Revenue Bonds, Refunding Series 2014A                                                                              | Buffalo, Minnesota, Water and Sewer Revenue Bonds, Refunding Series 2014A                                                                              | CUSIP: 119638UX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001091.60   | 0.51%             | 2028-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chippewa County, Minnesota, Gross Revenue Hospital Bonds, Montevideo Hospital Project, Refunding Series 2016                                           | Chippewa County, Minnesota, Gross Revenue Hospital Bonds, Montevideo Hospital Project, Refunding Series 2016                                           | CUSIP: 169727AZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3370000 | PA      | $3372127.14   | 0.86%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chisago City, Minnesota, Housing and Health Care Revenue Bonds, CDL Homes, LLC Project, Series 2013B                                                   | Chisago City, Minnesota, Housing and Health Care Revenue Bonds, CDL Homes, LLC Project, Series 2013B                                                   | CUSIP: 17012CAS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $815740.92    | 0.21%             | 2033-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Columbus, Minnesota, Senior Housing Revenue Bonds, Richfield Senior Housing, Inc., Refunding Series 2015                                               | Columbus, Minnesota, Senior Housing Revenue Bonds, Richfield Senior Housing, Inc., Refunding Series 2015                                               | CUSIP: 19934PAM7<br>LEI: 549300GVOKSE82SHJK80 | Long             | DBT              | MUN               | US        |    350000 | PA      | $347260.90    | 0.09%             | 2027-01-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Columbus, Minnesota, Senior Housing Revenue Bonds, Richfield Senior Housing, Inc., Refunding Series 2015                                               | Columbus, Minnesota, Senior Housing Revenue Bonds, Richfield Senior Housing, Inc., Refunding Series 2015                                               | CUSIP: 19934PAP0<br>LEI: 549300GVOKSE82SHJK80 | Long             | DBT              | MUN               | US        |    500000 | PA      | $471134.15    | 0.12%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dakota County Community Development Agency, Minnesota, Single Family Mortgage Revenue Bonds, Mortgage Backed Securities Program, Series 2011A          | Dakota County Community Development Agency, Minnesota, Single Family Mortgage Revenue Bonds, Mortgage Backed Securities Program, Series 2011A          | CUSIP: 23410BCE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50015.74     | 0.01%             | 2026-12-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Dakota County Community Development Agency, Minnesota, Senior Housing Revenue Bonds, Walker Highview Hills LLC Project, Refunding Series 2016A         | Dakota County Community Development Agency, Minnesota, Senior Housing Revenue Bonds, Walker Highview Hills LLC Project, Refunding Series 2016A         | CUSIP: 23410LBS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2115000 | PA      | $2115330.79   | 0.54%             | 2029-08-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Dakota County Community Development Agency, Minnesota, Senior Housing Revenue Bonds, Walker Highview Hills LLC Project, Refunding Series 2016A         | Dakota County Community Development Agency, Minnesota, Senior Housing Revenue Bonds, Walker Highview Hills LLC Project, Refunding Series 2016A         | CUSIP: 23410LBV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100651.64   | 0.28%             | 2036-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Deephaven, Minnesota, Charter School Lease Revenue Bonds, Eagle Ridge Academy Project, Series 2015A                                                    | Deephaven, Minnesota, Charter School Lease Revenue Bonds, Eagle Ridge Academy Project, Series 2015A                                                    | CUSIP: 24380HAP7<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |    190000 | PA      | $190212.86    | 0.05%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Deephaven, Minnesota, Charter School Lease Revenue Bonds, Eagle Ridge Academy Project, Series 2015A                                                    | Deephaven, Minnesota, Charter School Lease Revenue Bonds, Eagle Ridge Academy Project, Series 2015A                                                    | CUSIP: 24380HAQ5<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |    710000 | PA      | $710646.67    | 0.18%             | 2037-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Deephaven, Minnesota, Charter School Lease Revenue Bonds, Eagle Ridge Academy Project, Series 2016A                                                    | Deephaven, Minnesota, Charter School Lease Revenue Bonds, Eagle Ridge Academy Project, Series 2016A                                                    | CUSIP: 24380HBD3<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |    195000 | PA      | $195044.69    | 0.05%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Deephaven, Minnesota, Charter School Lease Revenue Bonds, Eagle Ridge Academy Project, Series 2016A                                                    | Deephaven, Minnesota, Charter School Lease Revenue Bonds, Eagle Ridge Academy Project, Series 2016A                                                    | CUSIP: 24380HBE1<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300096.12    | 0.08%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Deephaven, Minnesota, Charter School Lease Revenue Bonds, Eagle Ridge Academy Project, Series 2016A                                                    | Deephaven, Minnesota, Charter School Lease Revenue Bonds, Eagle Ridge Academy Project, Series 2016A                                                    | CUSIP: 24380HBF8<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |    370000 | PA      | $370108.11    | 0.09%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Forest Lake, Minnesota, Charter School Lease Revenue Bonds, Lakes International Language Academy, Series 2014A                                         | Forest Lake, Minnesota, Charter School Lease Revenue Bonds, Lakes International Language Academy, Series 2014A                                         | CUSIP: 345856AH1<br>LEI: 549300YEG0ZNW83BJB14 | Long             | DBT              | MUN               | US        |    645000 | PA      | $645648.23    | 0.17%             | 2036-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Glencoe, Minnesota, Health Care Facilities Revenue Bonds, Glencoe Regional Health Services Project, Series 2013                                        | Glencoe, Minnesota, Health Care Facilities Revenue Bonds, Glencoe Regional Health Services Project, Series 2013                                        | CUSIP: 378160BU8<br>LEI: 549300YD6XHLXYWWYP70 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400125.44    | 0.10%             | 2026-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Greenwood, Minnesota, Charter School Lease Revenue Bonds, Main Street School of Performing Arts Project, Series 2016A                                  | Greenwood, Minnesota, Charter School Lease Revenue Bonds, Main Street School of Performing Arts Project, Series 2016A                                  | CUSIP: 397240AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $229317.34    | 0.06%             | 2026-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Greenwood, Minnesota, Charter School Lease Revenue Bonds, Main Street School of Performing Arts Project, Series 2016A                                  | Greenwood, Minnesota, Charter School Lease Revenue Bonds, Main Street School of Performing Arts Project, Series 2016A                                  | CUSIP: 397240AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $37842.18     | 0.01%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Ham Lake, Minnesota, Charter School Lease Revenue Bonds, DaVinci Academy Project, Series 2016A                                                 | City of Ham Lake, Minnesota, Charter School Lease Revenue Bonds, DaVinci Academy Project, Series 2016A                                                 | CUSIP: 406511AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100154.78    | 0.03%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Ham Lake, Minnesota, Charter School Lease Revenue Bonds, DaVinci Academy Project,Series 2016A                                                  | City of Ham Lake, Minnesota, Charter School Lease Revenue Bonds, DaVinci Academy Project,Series 2016A                                                  | CUSIP: 406511AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998571.40    | 0.26%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ham Lake, Minnesota Charter School Lease Revenue Bonds, Parnassus Preparatory School Project, Series 2016A                                             | Ham Lake, Minnesota Charter School Lease Revenue Bonds, Parnassus Preparatory School Project, Series 2016A                                             | CUSIP: 406511AM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $395248.69    | 0.10%             | 2026-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hugo, Minnesota, Charter School Lease Revenue Bonds, Noble Academy Project, Series 2014A                                                               | Hugo, Minnesota, Charter School Lease Revenue Bonds, Noble Academy Project, Series 2014A                                                               | CUSIP: 444584AK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $956159.10    | 0.24%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hutchinson, Minnesota, Public Utility Revenue Bonds, Refunding Series 2012A                                                                            | Hutchinson, Minnesota, Public Utility Revenue Bonds, Refunding Series 2012A                                                                            | CUSIP: 44835ECE6<br>LEI: 5493006H504KBMJSAU33 | Long             | DBT              | MUN               | US        |    670000 | PA      | $671351.39    | 0.17%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Independence, Minnesota, Charter School Lease Revenue Bonds, Beacon Academy Project, Series 2016A                                                      | Independence, Minnesota, Charter School Lease Revenue Bonds, Beacon Academy Project, Series 2016A                                                      | CUSIP: 45362RAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001035.50   | 0.26%             | 2031-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Independence, Minnesota, Charter School Lease Revenue Bonds, Beacon Academy Project, Series 2016A                                                      | Independence, Minnesota, Charter School Lease Revenue Bonds, Beacon Academy Project, Series 2016A                                                      | CUSIP: 45362RAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500329.80    | 0.13%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maple Grove, Minnesota, Health Care Facilities Revenue Refunding Bonds, North Memorial Health Care, Series 2015                                        | Maple Grove, Minnesota, Health Care Facilities Revenue Refunding Bonds, North Memorial Health Care, Series 2015                                        | CUSIP: 56516TAV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002156.40   | 0.51%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Series 2015A                                                       | Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Series 2015A                                                       | CUSIP: 60374VDN0<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1101009.58   | 0.28%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Yinghua Academy Project, Series 2013A                                                      | Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Yinghua Academy Project, Series 2013A                                                      | CUSIP: 60375CAB0<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1161633.05   | 0.30%             | 2033-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Senior Housing and Healthcare Revenue Bonds, Ecumen ? Abiitan Mill City Project,  Series 2015                                  | Minneapolis, Minnesota, Senior Housing and Healthcare Revenue Bonds, Ecumen ? Abiitan Mill City Project,  Series 2015                                  | CUSIP: 603787AH5<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    425000 | PA      | $425103.53    | 0.11%             | 2028-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Senior Housing and Healthcare Revenue Bonds, Ecumen ? Abiitan Mill City Project,  Series 2015                                  | Minneapolis, Minnesota, Senior Housing and Healthcare Revenue Bonds, Ecumen ? Abiitan Mill City Project,  Series 2015                                  | CUSIP: 603787AL6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    750000 | PA      | $732412.73    | 0.19%             | 2045-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Tax Incriment Revenue Bonds, Ivy Tower Project, Series 2015                                                                    | Minneapolis, Minnesota, Tax Incriment Revenue Bonds, Ivy Tower Project, Series 2015                                                                    | CUSIP: 603795DU6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400260.44    | 0.10%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Senior Lien Series 2016C                                      | Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Senior Lien Series 2016C                                      | CUSIP: 603827YV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1071560.39   | 0.27%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Limited Tax Supported Development Revenue Bonds,  Common Bond Fund Series 2013-1                                               | Minneapolis, Minnesota, Limited Tax Supported Development Revenue Bonds,  Common Bond Fund Series 2013-1                                               | CUSIP: 603923CV3<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    625000 | PA      | $625794.31    | 0.16%             | 2028-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Municipal Power Agency, Electric Revenue Bonds, Refunding Series 2014                                                                        | Minnesota Municipal Power Agency, Electric Revenue Bonds, Refunding Series 2014                                                                        | CUSIP: 60412PDT4<br>LEI: 5493007DGBKI6ICBXO38 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501060.35    | 0.13%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Municipal Power Agency, Electric Revenue Bonds, Refunding Series 2014                                                                        | Minnesota Municipal Power Agency, Electric Revenue Bonds, Refunding Series 2014                                                                        | CUSIP: 60412PDU1<br>LEI: 5493007DGBKI6ICBXO38 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501024.60    | 0.13%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency, Nonprofit Housing Bonds, State Appropriation Series 2011                                                             | Minnesota Housing Finance Agency, Nonprofit Housing Bonds, State Appropriation Series 2011                                                             | CUSIP: 60415N6P2<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1191913.88   | 0.30%             | 2027-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2013-7U                                             | Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2013-7U                                             | CUSIP: 60416HB60<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    775000 | PA      | $775568.62    | 0.20%             | 2026-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2013-7U                                             | Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2013-7U                                             | CUSIP: 60416HB78<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300226.95    | 0.08%             | 2027-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, Gustavus Adolfus College, Series 2013-7W                                               | Minnesota Higher Education Facilities Authority, Revenue Bonds, Gustavus Adolfus College, Series 2013-7W                                               | CUSIP: 60416HC93<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    620000 | PA      | $620272.92    | 0.16%             | 2028-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, Macalester College, Series 201528J                                                     | Minnesota Higher Education Facilities Authority, Revenue Bonds, Macalester College, Series 201528J                                                     | CUSIP: 60416HP65<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |         0 | PA      | $0.00         | 0.00%             | 2029-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint John?s University, Series 2015-8I                                                | Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint John?s University, Series 2015-8I                                                | CUSIP: 60416HS62<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    700000 | PA      | $700142.24    | 0.18%             | 2030-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2014C                                                                      | Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2014C                                                                      | CUSIP: 60416SJD3<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    120000 | PA      | $120031.92    | 0.03%             | 2026-07-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Moorhead, Minnesota, Educational Facilities Revenue Bonds, The Concordia College Corporation Project, Series 2016                                      | Moorhead, Minnesota, Educational Facilities Revenue Bonds, The Concordia College Corporation Project, Series 2016                                      | CUSIP: 61615DBM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $980157.98    | 0.25%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Moorhead, Minnesota, Educational Facilities Revenue Bonds, The Concordia College Corporation Project, Series 2016                                      | Moorhead, Minnesota, Educational Facilities Revenue Bonds, The Concordia College Corporation Project, Series 2016                                      | CUSIP: 61615DBP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1060083.85   | 0.27%             | 2032-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northeast Metropolitan Intermediate School District 916, White Bear Lake, Minnesota, Certificates of Particpation, Series 2015B                        | Northeast Metropolitan Intermediate School District 916, White Bear Lake, Minnesota, Certificates of Particpation, Series 2015B                        | CUSIP: 664259CW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $605287.13    | 0.15%             | 2029-02-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Northeast Metropolitan Intermediate School District 916, White Bear Lake, Minnesota, Certificates of Particpation, Series 2015B                        | Northeast Metropolitan Intermediate School District 916, White Bear Lake, Minnesota, Certificates of Particpation, Series 2015B                        | CUSIP: 664259CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350161.18    | 0.09%             | 2030-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Otsego, Minnesota, Charter School Lease Revenue Bonds, Kaleidoscope Charter School Project, Series 2014A                                               | Otsego, Minnesota, Charter School Lease Revenue Bonds, Kaleidoscope Charter School Project, Series 2014A                                               | CUSIP: 689149AB8<br>LEI: 549300C7IZXQ4JXHZS47 | Long             | DBT              | MUN               | US        |    860000 | PA      | $860103.29    | 0.22%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Perham Dent Independent School District 549, Minnesota, General Obligation Bonds, School Building Series 2016A                                         | Perham Dent Independent School District 549, Minnesota, General Obligation Bonds, School Building Series 2016A                                         | CUSIP: 713805FB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1035254.71   | 0.26%             | 2030-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Rochester, Minnesota, Electric Utility Revenue Bonds, Refunding Series 2015E                                                                           | Rochester, Minnesota, Electric Utility Revenue Bonds, Refunding Series 2015E                                                                           | CUSIP: 77158PEF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750259.80    | 0.19%             | 2029-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Rochester, Minnesota, Health Care Facilities Revenue Bonds, Mayo Clinic, Refunding Series 2016B                                                        | Rochester, Minnesota, Health Care Facilities Revenue Bonds, Mayo Clinic, Refunding Series 2016B                                                        | CUSIP: 771902GZ0<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2266899.60   | 0.58%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rochester, Minnesota, Health Care Facilities Revenue Bonds, Mayo Clinic, Refunding Series 2016B                                                        | Rochester, Minnesota, Health Care Facilities Revenue Bonds, Mayo Clinic, Refunding Series 2016B                                                        | CUSIP: 771902HB2<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1178450.60   | 0.30%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Cloud, Minnesota, Charter School Lease Revenue Bonds, Stride Academy Project, Series 2016A                                                       | Saint Cloud, Minnesota, Charter School Lease Revenue Bonds, Stride Academy Project, Series 2016A                                                       | CUSIP: 788326AC0<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |     70000 | PA      | $67194.23     | 0.02%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Cloud Independent School District 742, Stearns County, Minnesota, General Obligation Bonds, Series 2015A                                         | Saint Cloud Independent School District 742, Stearns County, Minnesota, General Obligation Bonds, Series 2015A                                         | CUSIP: 789177NU2<br>LEI: 549300777B7XVMYHUU90 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1101337.82   | 0.28%             | 2030-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Saint Louis Park, Minnesota, Health Care Facilities Revenue Bonds, Mount Olivet Careview Home Project, Series 2016B                                    | Saint Louis Park, Minnesota, Health Care Facilities Revenue Bonds, Mount Olivet Careview Home Project, Series 2016B                                    | CUSIP: 791748FM3<br>LEI: 549300F6X6Q4H3ALF786 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999942.90    | 0.26%             | 2036-06-01      | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing and Redevelopment Authority, Minnesota, Lease Revenue Bonds, Saint Paul Conservatory for Performing Artists Charter School Project, | Saint Paul Housing and Redevelopment Authority, Minnesota, Lease Revenue Bonds, Saint Paul Conservatory for Performing Artists Charter School Project, | CUSIP: 79289TER9<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    110000 | PA      | $108019.84    | 0.03%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Facility Revenue Bonds, HealthPartners Obligated Group, Refunding Series 2015A  | Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Facility Revenue Bonds, HealthPartners Obligated Group, Refunding Series 2015A  | CUSIP: 792905DJ7<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000404.30   | 0.26%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing and Redevelopment Authority Minnesota, Senior Housing and Health Care Revenue Bonds, Episcopal Homes Project, Series 2013           | Saint Paul Housing and Redevelopment Authority Minnesota, Senior Housing and Health Care Revenue Bonds, Episcopal Homes Project, Series 2013           | CUSIP: 792908CF0<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2190171.92   | 0.56%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sauk Rapids, Minnesota, Health Care and Housing Facilities Revenue Bonds, Good Shepherd Luthran Home, Refunding Series 2013                            | Sauk Rapids, Minnesota, Health Care and Housing Facilities Revenue Bonds, Good Shepherd Luthran Home, Refunding Series 2013                            | CUSIP: 804359BW6<br>LEI: 549300EEYEG1XIKNKU21 | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2081397.68   | 0.53%             | 2039-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Savage, Minnesota Charter School Lease Revenue Bonds, Aspen Academy Project, Series 2016A                                                              | Savage, Minnesota Charter School Lease Revenue Bonds, Aspen Academy Project, Series 2016A                                                              | CUSIP: 80466EAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2770000 | PA      | $2773797.12   | 0.71%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Twin Cities German Immersion School, Series 2013A         | Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Twin Cities German Immersion School, Series 2013A         | CUSIP: 852297AL4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    595000 | PA      | $595464.40    | 0.15%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Hmong College Prep Academy Project, Series 2016A          | Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Hmong College Prep Academy Project, Series 2016A          | CUSIP: 852297CB4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   3005000 | PA      | $3028204.91   | 0.77%             | 2031-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Vergas, Minnesota, Housing and Health Care Revenue Bonds, CDL Homes, LLC Project, Refunding Series 2016                                        | City of Vergas, Minnesota, Housing and Health Care Revenue Bonds, CDL Homes, LLC Project, Refunding Series 2016                                        | CUSIP: 923413AL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $308814.55    | 0.08%             | 2031-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Winona Port Authority, Minnesota, Charter School Lease Revenue Bonds, Bluffview Montessori School Project, Refunding Series 2016                       | Winona Port Authority, Minnesota, Charter School Lease Revenue Bonds, Bluffview Montessori School Project, Refunding Series 2016                       | CUSIP: 975243AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $29931.73     | 0.01%             | 2026-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Winona Port Authority, Minnesota, Charter School Lease Revenue Bonds, Bluffview Montessori School Project, Refunding Series 2016                       | Winona Port Authority, Minnesota, Charter School Lease Revenue Bonds, Bluffview Montessori School Project, Refunding Series 2016                       | CUSIP: 975243AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $9406.33      | 0.00%             | 2036-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Rochester, Minnesota, Electric Utility Revenue Bonds, Refunding Series 2017A                                                                           | Rochester, Minnesota, Electric Utility Revenue Bonds, Refunding Series 2017A                                                                           | CUSIP: 77158PFZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019540.80   | 0.26%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Series 2016A                                                              | Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Series 2016A                                                              | CUSIP: 78916VDR8<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001239.50   | 0.26%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Cloud Independent School District 742, Stearns County, Minnesota, Certificates of Participation, Saint Cloud Area Public Schools, Series 2017A   | Saint Cloud Independent School District 742, Stearns County, Minnesota, Certificates of Participation, Saint Cloud Area Public Schools, Series 2017A   | CUSIP: 789182CD2<br>LEI: 549300777B7XVMYHUU90 | Long             | DBT              | MUN               | US        |    630000 | PA      | $631301.01    | 0.16%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Cloud Independent School District 742, Stearns County, Minnesota, Certificates of Participation, Saint Cloud Area Public Schools, Series 2017A   | Saint Cloud Independent School District 742, Stearns County, Minnesota, Certificates of Participation, Saint Cloud Area Public Schools, Series 2017A   | CUSIP: 789182CH3<br>LEI: 549300777B7XVMYHUU90 | Long             | DBT              | MUN               | US        |    725000 | PA      | $725140.58    | 0.19%             | 2038-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Senior Lien Series 2016C                                      | Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Senior Lien Series 2016C                                      | CUSIP: 603827YZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1146177.31   | 0.29%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cold Spring, Minnesota, Health Care Facilities Revenue Bonds, Assumption Home, Inc., Refunding Series 2017                                             | Cold Spring, Minnesota, Health Care Facilities Revenue Bonds, Assumption Home, Inc., Refunding Series 2017                                             | CUSIP: 193014BT3<br>LEI: 549300K8BX4APZ76AV52 | Long             | DBT              | MUN               | US        |    235000 | PA      | $235080.51    | 0.06%             | 2031-03-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Saint Michael Independent School District 885, Wright County, Minnesota, General Obligation Bonds, School Building Series 2017A                        | Saint Michael Independent School District 885, Wright County, Minnesota, General Obligation Bonds, School Building Series 2017A                        | CUSIP: 792775QV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1225784.49   | 0.31%             | 2032-02-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, Carleton College, Refunding Series 2017                                                | Minnesota Higher Education Facilities Authority, Revenue Bonds, Carleton College, Refunding Series 2017                                                | CUSIP: 60416H3K8<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1617578.88   | 0.41%             | 2033-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maple Grove, Minnesota, Health Care Facility Revenue Bonds, North Memorial Health Care, Series 2017                                                    | Maple Grove, Minnesota, Health Care Facility Revenue Bonds, North Memorial Health Care, Series 2017                                                    | CUSIP: 56516TBQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $503078.10    | 0.13%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maple Grove, Minnesota, Health Care Facility Revenue Bonds, North Memorial Health Care, Series 2017                                                    | Maple Grove, Minnesota, Health Care Facility Revenue Bonds, North Memorial Health Care, Series 2017                                                    | CUSIP: 56516TBR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $411359.92    | 0.11%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Plato, Minnesota, Health Care Facilities Revenue Bonds, Glencoe Regional Health Services Project, Series 2017                                  | City of Plato, Minnesota, Health Care Facilities Revenue Bonds, Glencoe Regional Health Services Project, Series 2017                                  | CUSIP: 72766SAH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1145549.75   | 0.29%             | 2029-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Plato, Minnesota, Health Care Facilities Revenue Bonds, Glencoe Regional Health Services Project, Series 2017                                  | City of Plato, Minnesota, Health Care Facilities Revenue Bonds, Glencoe Regional Health Services Project, Series 2017                                  | CUSIP: 72766SAJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1044905.26   | 0.27%             | 2032-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, Bethel University, Refunding Series 2017                                               | Minnesota Higher Education Facilities Authority, Revenue Bonds, Bethel University, Refunding Series 2017                                               | CUSIP: 60416H3X0<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2821300.44   | 0.72%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, Bethel University, Refunding Series 2017                                               | Minnesota Higher Education Facilities Authority, Revenue Bonds, Bethel University, Refunding Series 2017                                               | CUSIP: 60416H3Y8<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    655000 | PA      | $657549.65    | 0.17%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Great River School Project, Series 2017A                  | Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Great River School Project, Series 2017A                  | CUSIP: 852297CH1<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    710000 | PA      | $716723.63    | 0.18%             | 2038-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services, Series 2017A                           | Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services, Series 2017A                           | CUSIP: 792909FG3<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027732.80   | 0.26%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services, Series 2017A                           | Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services, Series 2017A                           | CUSIP: 792909FH1<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1760155.67   | 0.45%             | 2035-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services, Series 2017A                           | Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services, Series 2017A                           | CUSIP: 792909FK4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004784.50   | 0.26%             | 2037-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rochester, Minnesota, Health Care and Housing Revenue Bonds, Samaritan Bethany, Inc. Project, Refunding Series 2017A                                   | Rochester, Minnesota, Health Care and Housing Revenue Bonds, Samaritan Bethany, Inc. Project, Refunding Series 2017A                                   | CUSIP: 771906DK7<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |    775000 | PA      | $772141.03    | 0.20%             | 2026-08-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Rochester, Minnesota, Health Care and Housing Revenue Bonds, Samaritan Bethany, Inc. Project, Refunding Series 2017A                                   | Rochester, Minnesota, Health Care and Housing Revenue Bonds, Samaritan Bethany, Inc. Project, Refunding Series 2017A                                   | CUSIP: 771906DL5<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |    805000 | PA      | $796581.55    | 0.20%             | 2027-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rochester, Minnesota, Health Care and Housing Revenue Bonds, Samaritan Bethany, Inc. Project, Refunding Series 2017A                                   | Rochester, Minnesota, Health Care and Housing Revenue Bonds, Samaritan Bethany, Inc. Project, Refunding Series 2017A                                   | CUSIP: 771906DM3<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1935518.60   | 0.50%             | 2030-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Crookston, Minnesota, Health Care Facilities Revenue Bonds, RiverView Health Project, Refunding Series 2017A                                           | Crookston, Minnesota, Health Care Facilities Revenue Bonds, RiverView Health Project, Refunding Series 2017A                                           | CUSIP: 227235AV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $751336.17    | 0.19%             | 2032-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Park, Minnesota, Senior Housing and Health Care Revenue Bonds, Presbyterian Homes Bloomington Project, Refunding Series 2017                | Saint Paul Park, Minnesota, Senior Housing and Health Care Revenue Bonds, Presbyterian Homes Bloomington Project, Refunding Series 2017                | CUSIP: 85235KAL7<br>LEI: 549300RN3JLIQQH41516 | Long             | DBT              | MUN               | US        |    550000 | PA      | $548819.48    | 0.14%             | 2028-09-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Saint Paul Park, Minnesota, Senior Housing and Health Care Revenue Bonds, Presbyterian Homes Bloomington Project, Refunding Series 2017                | Saint Paul Park, Minnesota, Senior Housing and Health Care Revenue Bonds, Presbyterian Homes Bloomington Project, Refunding Series 2017                | CUSIP: 85235KAM5<br>LEI: 549300RN3JLIQQH41516 | Long             | DBT              | MUN               | US        |    350000 | PA      | $349997.20    | 0.09%             | 2029-09-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Saint Paul Park, Minnesota, Senior Housing and Health Care Revenue Bonds, Presbyterian Homes Bloomington Project, Refunding Series 2017                | Saint Paul Park, Minnesota, Senior Housing and Health Care Revenue Bonds, Presbyterian Homes Bloomington Project, Refunding Series 2017                | CUSIP: 85235KAN3<br>LEI: 549300RN3JLIQQH41516 | Long             | DBT              | MUN               | US        |    565000 | PA      | $565031.87    | 0.14%             | 2030-09-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Saint Paul Park, Minnesota, Senior Housing and Health Care Revenue Bonds, Presbyterian Homes Bloomington Project, Refunding Series 2017                | Saint Paul Park, Minnesota, Senior Housing and Health Care Revenue Bonds, Presbyterian Homes Bloomington Project, Refunding Series 2017                | CUSIP: 85235KAS2<br>LEI: 549300RN3JLIQQH41516 | Long             | DBT              | MUN               | US        |    320000 | PA      | $320037.76    | 0.08%             | 2034-09-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Sartell, Minnesota, Health Care Facilities Revenue Bonds, Country Manor Campus LLC Project, Refunding Series 2017                                      | Sartell, Minnesota, Health Care Facilities Revenue Bonds, Country Manor Campus LLC Project, Refunding Series 2017                                      | CUSIP: 80380SAU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $693913.97    | 0.18%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Port Authority, Minnesota, District Energy Revenue Bonds, Series 2017-4                                                                     | Saint Paul Port Authority, Minnesota, District Energy Revenue Bonds, Series 2017-4                                                                     | CUSIP: 79308GAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1056504.09   | 0.27%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Twin Cities International Schools Project, Series 2017A                                    | Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Twin Cities International Schools Project, Series 2017A                                    | CUSIP: 60375CAU8<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1420319.28   | 0.36%             | 2032-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2017A                                               | Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2017A                                               | CUSIP: 60416H8D9<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    750000 | PA      | $761836.80    | 0.19%             | 2034-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2017A                                               | Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2017A                                               | CUSIP: 60416H8F4<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    850000 | PA      | $862077.74    | 0.22%             | 2036-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2015G                                                                      | Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2015G                                                                      | CUSIP: 60416SMG2<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    370000 | PA      | $370000.00    | 0.09%             | 2034-01-01      | Variable      | 1.88%                 | No            |                  2 | On Loan: No      |
| Rochester, Minnesota, Health Care Facilities Revenue Bonds, Mayo Clinic Series 2008B                                                                   | Rochester, Minnesota, Health Care Facilities Revenue Bonds, Mayo Clinic Series 2008B                                                                   | CUSIP: 771902FC2<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5100000.00   | 1.30%             | 2038-11-15      | Variable      | 1.65%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2017F                                                                      | Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2017F                                                                      | CUSIP: 60416SWE6<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   2875000 | PA      | $2875000.00   | 0.74%             | 2041-01-01      | Variable      | 1.88%                 | No            |                  2 | On Loan: No      |
| Brooklyn Center Independent School District 286, Minnesota, General Obligation Bonds, Series 2018A                                                     | Brooklyn Center Independent School District 286, Minnesota, General Obligation Bonds, Series 2018A                                                     | CUSIP: 113853MB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2171820.65   | 0.56%             | 2035-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brooklyn Center Independent School District 286, Minnesota, General Obligation Bonds, Series 2018A                                                     | Brooklyn Center Independent School District 286, Minnesota, General Obligation Bonds, Series 2018A                                                     | CUSIP: 113853MD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1736706.88   | 0.44%             | 2037-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing and Redevelopment Authority, Minnesota, Health Care Facility Lease Revenue Bonds, Refunding Series 2018A                              | Virginia Housing and Redevelopment Authority, Minnesota, Health Care Facility Lease Revenue Bonds, Refunding Series 2018A                              | CUSIP: 927885AX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3501002.40   | 0.90%             | 2029-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Washington County Independent School District 833, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2018A                      | South Washington County Independent School District 833, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2018A                      | CUSIP: 840610TL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1348763.37   | 0.34%             | 2031-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2018B                                      | Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2018B                                      | CUSIP: 792897KT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1694432.80   | 0.43%             | 2033-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Brainerd Independent School District 181, Crow Wing County, Minnesota, General Obligation Bonds, School Building Series 2018A                          | Brainerd Independent School District 181, Crow Wing County, Minnesota, General Obligation Bonds, School Building Series 2018A                          | CUSIP: 105007MV7<br>LEI: 549300P1U3THZTOHA392 | Long             | DBT              | MUN               | US        |   3280000 | PA      | $3328272.74   | 0.85%             | 2030-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint Catherine University, Refunding Series 2018A                                     | Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint Catherine University, Refunding Series 2018A                                     | CUSIP: 60416JBA7<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1283643.44   | 0.33%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Luverne, Minnesota, Electric Revenue Bonds, Series 2018A                                                                                               | Luverne, Minnesota, Electric Revenue Bonds, Series 2018A                                                                                               | CUSIP: 550646BQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103236.35    | 0.03%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Saint Paul-Maplewood-Oakdale Independent School District 622, Ramsey County, Minnesota, General Obligation Bonds, Facilities Maintenance Series  | North Saint Paul-Maplewood-Oakdale Independent School District 622, Ramsey County, Minnesota, General Obligation Bonds, Facilities Maintenance Series  | CUSIP: 662152DP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $853631.80    | 0.22%             | 2035-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2018D                                                       | Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2018D                                                       | CUSIP: 60416SZS2<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    960000 | PA      | $993756.10    | 0.25%             | 2034-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cold Spring, Minnesota, Health Care Facilities Revenue Bonds, Assumption Home, Inc., Refunding Series 2018                                             | Cold Spring, Minnesota, Health Care Facilities Revenue Bonds, Assumption Home, Inc., Refunding Series 2018                                             | CUSIP: 193014CF2<br>LEI: 549300K8BX4APZ76AV52 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200049.28    | 0.05%             | 2033-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Series 2018A                                                       | Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Series 2018A                                                       | CUSIP: 60374VEA7<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2486716.37   | 0.64%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Series 2018A                                                       | Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Series 2018A                                                       | CUSIP: 60374VEB5<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2956169.91   | 0.76%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Washington County Independent School District 833, Minnesota, General Obligation Bonds, School Building Series 2016A                             | South Washington County Independent School District 833, Minnesota, General Obligation Bonds, School Building Series 2016A                             | CUSIP: 840610SB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004267.40   | 0.51%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A                  | Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A                  | CUSIP: 26444CGV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1091206.87   | 0.28%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, General Obligation Bonds, Improvement & Various Purpose Series 2018                                                            | Minneapolis, Minnesota, General Obligation Bonds, Improvement & Various Purpose Series 2018                                                            | CUSIP: 60375BER3<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    500000 | PA      | $504721.60    | 0.13%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, General Obligation Bonds, Improvement & Various Purpose Series 2018                                                            | Minneapolis, Minnesota, General Obligation Bonds, Improvement & Various Purpose Series 2018                                                            | CUSIP: 60375BEP7<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1498055.26   | 0.38%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis Special School District 1, Hennepin County, Minnesota, General Obligation Bonds, Long-Term Facilities Maintenance Series 2017B             | Minneapolis Special School District 1, Hennepin County, Minnesota, General Obligation Bonds, Long-Term Facilities Maintenance Series 2017B             | CUSIP: 603790LV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2595000 | PA      | $2669509.20   | 0.68%             | 2032-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Osseo Independent School District 279 Hennepin County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2018B                        | Osseo Independent School District 279 Hennepin County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2018B                        | CUSIP: 688443V64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1521601.80   | 0.39%             | 2034-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Branch Independent School District 138, Chisago County, Minnesota, General Obligation Bonds, School Building Series 2017A                        | North Branch Independent School District 138, Chisago County, Minnesota, General Obligation Bonds, School Building Series 2017A                        | CUSIP: 657781LY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2088214.67   | 0.53%             | 2030-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Office of Higher Education, Supplemental Student Loan Program Revenue Bonds, Senior Series 2018                                              | Minnesota Office of Higher Education, Supplemental Student Loan Program Revenue Bonds, Senior Series 2018                                              | CUSIP: 60416MBK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $715074.52    | 0.18%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Benson Independent School District 777, Minnesota, General Olibation Bonds, School Building Series 2018A                                               | Benson Independent School District 777, Minnesota, General Olibation Bonds, School Building Series 2018A                                               | CUSIP: 082545GE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1428964.66   | 0.37%             | 2032-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis Special School District 1, Hennepin County, Minnesota, Certificates of Participation, Full Term Series 2017C                               | Minneapolis Special School District 1, Hennepin County, Minnesota, Certificates of Participation, Full Term Series 2017C                               | CUSIP: 603792TW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030671.30   | 0.26%             | 2030-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Goodhue Independent School District 253, Minnesota, General Obligation Bonds, School Building Series 2019A                                             | Goodhue Independent School District 253, Minnesota, General Obligation Bonds, School Building Series 2019A                                             | CUSIP: 382226FV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1525203.85   | 0.39%             | 2030-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Plainview-Elgin-Millville Independent School District 2899, Minnesota, General Obligation Bonds, School Building Series 2019A                          | Plainview-Elgin-Millville Independent School District 2899, Minnesota, General Obligation Bonds, School Building Series 2019A                          | CUSIP: 726639BM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $911122.61    | 0.23%             | 2032-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Robbinsdale Independent School District 281, Hennepin County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2018A                 | Robbinsdale Independent School District 281, Hennepin County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2018A                 | CUSIP: 770265FK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1251810.63   | 0.32%             | 2030-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Series 2019                                                               | Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Series 2019                                                               | CUSIP: 78916VDV9<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1606085.78   | 0.41%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Series 2018A                                                       | Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Series 2018A                                                       | CUSIP: 60374VEJ8<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.51%             | 2048-11-15      | Variable      | 2.05%                 | No            |                  2 | On Loan: No      |
| Dennison, Minnesota, Senior Housing Revenue Bonds, Villages of Lonsdale, LLC Project, Series 2019                                                      | Dennison, Minnesota, Senior Housing Revenue Bonds, Villages of Lonsdale, LLC Project, Series 2019                                                      | CUSIP: 248658AL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $462631.40    | 0.12%             | 2035-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2019                                                | Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2019                                                | CUSIP: 60416JCC2<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1318513.00   | 0.34%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Joseph, Minnesota, Senior Housing and Healthcare Revenue Bonds, Woodcrest of Country Manor Project, Series 2019 A                                | Saint Joseph, Minnesota, Senior Housing and Healthcare Revenue Bonds, Woodcrest of Country Manor Project, Series 2019 A                                | CUSIP: 790755AH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $405042.85    | 0.10%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maple Plain, Minnesota Senior Housing and Healthcare Revenue Bonds, Haven Homes, Inc. Project, Series 2019                                             | Maple Plain, Minnesota Senior Housing and Healthcare Revenue Bonds, Haven Homes, Inc. Project, Series 2019                                             | CUSIP: 56531SAK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200163.64    | 0.05%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone Senior Living Community, Refunding Series 2019                                             | Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone Senior Living Community, Refunding Series 2019                                             | CUSIP: 946829BC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $298706.52    | 0.08%             | 2029-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone Senior Living Community, Refunding Series 2019                                             | Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone Senior Living Community, Refunding Series 2019                                             | CUSIP: 946829BA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $174059.55    | 0.04%             | 2027-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone Senior Living Community, Refunding Series 2019                                             | Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone Senior Living Community, Refunding Series 2019                                             | CUSIP: 946829BD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $224595.38    | 0.06%             | 2030-08-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone Senior Living Community, Refunding Series 2019                                             | Wayzata, Minnesota Senior Housing Revenue Bonds, Folkestone Senior Living Community, Refunding Series 2019                                             | CUSIP: 946829BB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $298324.71    | 0.08%             | 2028-08-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Mapleton, Minnesota, Healthcare Facility Revenue Bonds, Mapleton Community Home, Refunding Series 2019                                                 | Mapleton, Minnesota, Healthcare Facility Revenue Bonds, Mapleton Community Home, Refunding Series 2019                                                 | CUSIP: 565468AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $93930.13     | 0.02%             | 2034-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B                       | Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B                       | CUSIP: 603827F27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025522.30   | 0.26%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B                       | Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B                       | CUSIP: 603827F35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3580000 | PA      | $3615948.21   | 0.92%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B                       | Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B                       | CUSIP: 603827D60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1304894.75   | 0.33%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greenway Independent School District 316, Itasca County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2019F                      | Greenway Independent School District 316, Itasca County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2019F                      | CUSIP: 39678LGJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1275112.59   | 0.33%             | 2028-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Chatfield, Minnesota, Healthcare and Housing Facilities Revenue Bonds, Chosen Valley Care Center Project, Refunding Series 2019                        | Chatfield, Minnesota, Healthcare and Housing Facilities Revenue Bonds, Chosen Valley Care Center Project, Refunding Series 2019                        | CUSIP: 161818AQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $96880.17     | 0.02%             | 2034-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chatfield, Minnesota, Healthcare and Housing Facilities Revenue Bonds, Chosen Valley Care Center Project, Refunding Series 2019                        | Chatfield, Minnesota, Healthcare and Housing Facilities Revenue Bonds, Chosen Valley Care Center Project, Refunding Series 2019                        | CUSIP: 161818AP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $151325.69    | 0.04%             | 2033-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chatfield, Minnesota, Healthcare and Housing Facilities Revenue Bonds, Chosen Valley Care Center Project, Refunding Series 2019                        | Chatfield, Minnesota, Healthcare and Housing Facilities Revenue Bonds, Chosen Valley Care Center Project, Refunding Series 2019                        | CUSIP: 161818AK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99323.00     | 0.03%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chatfield, Minnesota, Healthcare and Housing Facilities Revenue Bonds, Chosen Valley Care Center Project, Refunding Series 2019                        | Chatfield, Minnesota, Healthcare and Housing Facilities Revenue Bonds, Chosen Valley Care Center Project, Refunding Series 2019                        | CUSIP: 161818AL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99045.68     | 0.03%             | 2030-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chatfield, Minnesota, Healthcare and Housing Facilities Revenue Bonds, Chosen Valley Care Center Project, Refunding Series 2019                        | Chatfield, Minnesota, Healthcare and Housing Facilities Revenue Bonds, Chosen Valley Care Center Project, Refunding Series 2019                        | CUSIP: 161818AM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98746.68     | 0.03%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chatfield, Minnesota, Healthcare and Housing Facilities Revenue Bonds, Chosen Valley Care Center Project, Refunding Series 2019                        | Chatfield, Minnesota, Healthcare and Housing Facilities Revenue Bonds, Chosen Valley Care Center Project, Refunding Series 2019                        | CUSIP: 161818AN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98213.69     | 0.03%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Forest Lake, Washington County, Minnesota, General Obligation Bonds, Series 2019A                                                                      | Forest Lake, Washington County, Minnesota, General Obligation Bonds, Series 2019A                                                                      | CUSIP: 345850EU1<br>LEI: 549300YEG0ZNW83BJB14 | Long             | DBT              | MUN               | US        |   2460000 | PA      | $2583932.34   | 0.66%             | 2032-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2020C                                      | Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2020C                                      | CUSIP: 792897NZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $290309.72    | 0.07%             | 2036-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Watertown-Mayer Independent School District 111, Carver, Hennepin and Wright Counties, Minnesota, General Obligation Bonds, School Building Series 202 | Watertown-Mayer Independent School District 111, Carver, Hennepin and Wright Counties, Minnesota, General Obligation Bonds, School Building Series 202 | CUSIP: 942078PA8<br>LEI: 54930063VDFCOT0H1836 | Long             | DBT              | MUN               | US        |   2415000 | PA      | $2035451.36   | 0.52%             | 2031-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Scanlon, Minnesota, Health Care Facilities Revenue Bonds, Duluth Health Services Project, Refunding Series 2020                                        | Scanlon, Minnesota, Health Care Facilities Revenue Bonds, Duluth Health Services Project, Refunding Series 2020                                        | CUSIP: 80603FAH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $323466.99    | 0.08%             | 2028-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Scanlon, Minnesota, Health Care Facilities Revenue Bonds, Duluth Health Services Project, Refunding Series 2020                                        | Scanlon, Minnesota, Health Care Facilities Revenue Bonds, Duluth Health Services Project, Refunding Series 2020                                        | CUSIP: 80603FAF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60000.00     | 0.02%             | 2026-03-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Anoka-Hennepin Independent School District 11, Coon Rapids, Minnesota, General Obligation Bonds, School Building Series 2020A                          | Anoka-Hennepin Independent School District 11, Coon Rapids, Minnesota, General Obligation Bonds, School Building Series 2020A                          | CUSIP: 0363034G7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000976.80   | 0.26%             | 2034-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services, Series 2017A                           | Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Revenue Bonds, Fairview Health Services, Series 2017A                           | CUSIP: 792909EY5<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1583058.83   | 0.40%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020E                                                                      | Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020E                                                                      | CUSIP: 60416S6F2<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    670000 | PA      | $646299.69    | 0.17%             | 2029-01-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020E                                                                      | Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Series 2020E                                                                      | CUSIP: 60416S6G0<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    400000 | PA      | $386245.28    | 0.10%             | 2029-07-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2020B                                                       | Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2020B                                                       | CUSIP: 60416S7C8<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   3105000 | PA      | $3293985.51   | 0.84%             | 2032-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B                       | Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B                       | CUSIP: 603827D86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1864470.38   | 0.48%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing and Redevelopment Authority, Minnesota, Revenue Bonds, Amherst H. Wilder Foundation Project, Refunding Series 2020A                 | Saint Paul Housing and Redevelopment Authority, Minnesota, Revenue Bonds, Amherst H. Wilder Foundation Project, Refunding Series 2020A                 | CUSIP: 792893HX0<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1660969.17   | 0.42%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing and Redevelopment Authority, Minnesota, Revenue Bonds, Amherst H. Wilder Foundation Project, Refunding Series 2020A                 | Saint Paul Housing and Redevelopment Authority, Minnesota, Revenue Bonds, Amherst H. Wilder Foundation Project, Refunding Series 2020A                 | CUSIP: 792893HR3<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1027713.89   | 0.26%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Anoka, Minnesota, Housing Revenue Bonds, The Homestead at Anoka, Inc. Project, Refunding Series 2017                                                   | Anoka, Minnesota, Housing Revenue Bonds, The Homestead at Anoka, Inc. Project, Refunding Series 2017                                                   | CUSIP: 036327AG9<br>LEI: 549300R336CIYVDY0N47 | Long             | DBT              | MUN               | US        |    250000 | PA      | $227604.60    | 0.06%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint Olaf College, Series 2021                                                        | Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint Olaf College, Series 2021                                                        | CUSIP: 60416JCY4<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $954972.20    | 0.24%             | 2038-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Roseville Independent School District 623, Ramsey County, Minnesota, Certificates of Participation, Series 2021A                                       | Roseville Independent School District 623, Ramsey County, Minnesota, Certificates of Participation, Series 2021A                                       | CUSIP: 778103AJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1299455.99   | 0.33%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Port Authority, Minnesota, District Energy Revenue Bonds, Series 2021-1. 501 C3                                                             | Saint Paul Port Authority, Minnesota, District Energy Revenue Bonds, Series 2021-1. 501 C3                                                             | CUSIP: 79308GAJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100245.64    | 0.03%             | 2027-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Apple Valley, Minnesota, Senior Housing Revenue Bonds, PHS Apple Valley Senior Housing, Inc. ? Orchard Path Project, Refunding Series 2018             | Apple Valley, Minnesota, Senior Housing Revenue Bonds, PHS Apple Valley Senior Housing, Inc. ? Orchard Path Project, Refunding Series 2018             | CUSIP: 03800RAQ9<br>LEI: 549300AMWD6044L1SO95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000052.30   | 0.26%             | 2038-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Zumbro Education District 6012, Minnesota, Certificates of Participation Series 2021A                                                                  | Zumbro Education District 6012, Minnesota, Certificates of Participation Series 2021A                                                                  | CUSIP: 989781AW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $283261.02    | 0.07%             | 2032-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Zumbro Education District 6012, Minnesota, Certificates of Participation Series 2021A                                                                  | Zumbro Education District 6012, Minnesota, Certificates of Participation Series 2021A                                                                  | CUSIP: 989781AY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251229.58    | 0.06%             | 2034-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Zumbro Education District 6012, Minnesota, Certificates of Participation Series 2021A                                                                  | Zumbro Education District 6012, Minnesota, Certificates of Participation Series 2021A                                                                  | CUSIP: 989781BA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $170654.91    | 0.04%             | 2038-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, Macalester College, Refunidng Series 2021                                              | Minnesota Higher Education Facilities Authority, Revenue Bonds, Macalester College, Refunidng Series 2021                                              | CUSIP: 60416JDM9<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    160000 | PA      | $171332.94    | 0.04%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Woodbury, Minnesota, Charter School Lease Revenue Bonds, Woodbury Leadership Academy, Series 2021A                                                     | Woodbury, Minnesota, Charter School Lease Revenue Bonds, Woodbury Leadership Academy, Series 2021A                                                     | CUSIP: 979134AS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    895000 | PA      | $886622.71    | 0.23%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint John's University, Refunding Series 2021                                         | Minnesota Higher Education Facilities Authority, Revenue Bonds, Saint John's University, Refunding Series 2021                                         | CUSIP: 60416JEJ5<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    200000 | PA      | $208139.00    | 0.05%             | 2034-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brooklyn Center, Minnesota, Charter School Lease Revenue Bonds, Tesfa International dba Twin Lakes STEM Academy Project, Series 2021A                  | Brooklyn Center, Minnesota, Charter School Lease Revenue Bonds, Tesfa International dba Twin Lakes STEM Academy Project, Series 2021A                  | CUSIP: 113840AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $957740.54    | 0.24%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Independent School District 709, Saint Louis County, Minnesota, General Obligation Bonds, Capital Appreciation Series 2021C                     | Duluth Independent School District 709, Saint Louis County, Minnesota, General Obligation Bonds, Capital Appreciation Series 2021C                     | CUSIP: 264471LK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1125746.29   | 0.29%             | 2030-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Saint Luke's Hospital of Duluth Obligated Group, Series 2021A  | Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Saint Luke's Hospital of Duluth Obligated Group, Series 2021A  | CUSIP: 26444CJK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $701111.70    | 0.18%             | 2037-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Saint Luke's Hospital of Duluth Obligated Group, Series 2022A, | Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Saint Luke's Hospital of Duluth Obligated Group, Series 2022A, | CUSIP: 26444CKB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $254618.42    | 0.07%             | 2035-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing and Redevelopment Authority, Minnesota, Senior Housing and Health Care Revenue Bonds, Episcopal Church Homes Project, Refunding Sen | Saint Paul Housing and Redevelopment Authority, Minnesota, Senior Housing and Health Care Revenue Bonds, Episcopal Church Homes Project, Refunding Sen | CUSIP: 792908DA0<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    160000 | PA      | $151131.73    | 0.04%             | 2031-11-01      | Fixed         | 3.10%                 | Yes           |                  2 | On Loan: No      |
| Saint Paul Housing and Redevelopment Authority, Minnesota, Senior Housing and Health Care Revenue Bonds, Episcopal Church Homes Project, Refunding Sen | Saint Paul Housing and Redevelopment Authority, Minnesota, Senior Housing and Health Care Revenue Bonds, Episcopal Church Homes Project, Refunding Sen | CUSIP: 792908DB8<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    625000 | PA      | $584972.38    | 0.15%             | 2032-11-01      | Fixed         | 3.15%                 | Yes           |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2021B                                                       | Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2021B                                                       | CUSIP: 60416TJH2<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    205000 | PA      | $202597.99    | 0.05%             | 2037-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2021C                                                       | Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2021C                                                       | CUSIP: 60416TJW9<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   3295000 | PA      | $3381666.74   | 0.86%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2021C                                                       | Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2021C                                                       | CUSIP: 60416TJX7<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   2385000 | PA      | $2431654.42   | 0.62%             | 2040-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota State, General Obligation Bonds, Various Purpose Series 2021A                                                                                | Minnesota State, General Obligation Bonds, Various Purpose Series 2021A                                                                                | CUSIP: 60412AWT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5337275.46   | 1.37%             | 2038-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Health Care System Revenue Bonds, Allina Health System, Series 2021                                                            | Minneapolis, Minnesota, Health Care System Revenue Bonds, Allina Health System, Series 2021                                                            | CUSIP: 60374VET6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1528042.20   | 0.39%             | 2038-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Health Care System Revenue Bonds, Allina Health System, Series 2021                                                            | Minneapolis, Minnesota, Health Care System Revenue Bonds, Allina Health System, Series 2021                                                            | CUSIP: 60374VEU3<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3039315.00   | 0.78%             | 2039-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Health Care System Revenue Bonds, Allina Health System, Series 2021                                                            | Minneapolis, Minnesota, Health Care System Revenue Bonds, Allina Health System, Series 2021                                                            | CUSIP: 60374VES8<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    470000 | PA      | $480452.38    | 0.12%             | 2037-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Elbow Lake Economic Development Authority, Minnesota, Lease Revenue Bonds, Grant County Public Project, Series 2017A                                   | Elbow Lake Economic Development Authority, Minnesota, Lease Revenue Bonds, Grant County Public Project, Series 2017A                                   | CUSIP: 284289AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $54579.64     | 0.01%             | 2037-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hennepin County, Minnesota, General Obligation Bonds, Series 2021A                                                                                     | Hennepin County, Minnesota, General Obligation Bonds, Series 2021A                                                                                     | CUSIP: 425507LV0<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |   5295000 | PA      | $6055232.27   | 1.55%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Saint Luke's Hospital of Duluth Obligated Group, Series 2022B  | Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Saint Luke's Hospital of Duluth Obligated Group, Series 2022B  | CUSIP: 26444CKJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1522399.76   | 0.39%             | 2042-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2022B                                               | Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2022B                                               | CUSIP: 60416JGF1<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027629.60   | 0.26%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Washington County Independent School District 833, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2022A                      | South Washington County Independent School District 833, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2022A                      | CUSIP: 840610UL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2091786.20   | 0.53%             | 2035-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Green Series 2022A                                         | Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Green Series 2022A                                         | CUSIP: 60416JFE5<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    825000 | PA      | $842038.40    | 0.22%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2022B                                               | Minnesota Higher Education Facilities Authority, Revenue Bonds, University of Saint Thomas, Series 2022B                                               | CUSIP: 60416JGD6<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014659.40   | 0.26%             | 2041-10-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019A                       | Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019A                       | CUSIP: 603827B62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1082366.20   | 0.28%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sartell, Minnesota, General Obligation Bonds, Series 2022A                                                                                             | Sartell, Minnesota, General Obligation Bonds, Series 2022A                                                                                             | CUSIP: 803803X42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1750797.19   | 0.45%             | 2039-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B                       | Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B                       | CUSIP: 603827E28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069991.10   | 0.27%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Subordinate Lien Series 2022B                                 | Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Subordinate Lien Series 2022B                                 | CUSIP: 603827K47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $946300.49    | 0.24%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Subordinate Lien Series 2022B                                 | Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Subordinate Lien Series 2022B                                 | CUSIP: 603827L53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2074404.80   | 0.53%             | 2047-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2022C                                                       | Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2022C                                                       | CUSIP: 60416TUS5<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2154472.40   | 0.55%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Minnesota, General Obligation Bonds, Series 2019A                                                                                        | University of Minnesota, General Obligation Bonds, Series 2019A                                                                                        | CUSIP: 914460ST8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5460000 | PA      | $5690017.24   | 1.46%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Independent School District No. 2397 (Le Sueur-Henderson), Minnesota, General Obligation School Building Bonds, Series 2022A                           | Independent School District No. 2397 (Le Sueur-Henderson), Minnesota, General Obligation School Building Bonds, Series 2022A                           | CUSIP: 521448EA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1739984.67   | 0.45%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Louis Park Independent School District 283, Hennepin County, Minnesota, General Obligation Bonds, School Building Series 2022A                   | Saint Louis Park Independent School District 283, Hennepin County, Minnesota, General Obligation Bonds, School Building Series 2022A                   | CUSIP: 791757JB4<br>LEI: 549300LTLJF3QX58Q574 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1178882.84   | 0.30%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Subordinate Lien Series 2022B                                 | Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Subordinate Lien Series 2022B                                 | CUSIP: 603827J98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1124781.20   | 0.29%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Roseville Independent School District 623, Ramsey County, Minnesota, General Obligation Bonds, School Building Series 2018A                            | Roseville Independent School District 623, Ramsey County, Minnesota, General Obligation Bonds, School Building Series 2018A                            | CUSIP: 778102V26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4535000 | PA      | $4600309.44   | 1.18%             | 2034-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Subordinate Lien Series 2022B                                 | Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Subordinate Lien Series 2022B                                 | CUSIP: 603827K21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2594279.87   | 0.66%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dover-Eyota Independent School District 533, Minnesota, General Obligation Bonds, School Building   Facilities Maintenance Series 2023A                | Dover-Eyota Independent School District 533, Minnesota, General Obligation Bonds, School Building   Facilities Maintenance Series 2023A                | CUSIP: 260093JQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1555812.59   | 0.40%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dover-Eyota Independent School District 533, Minnesota, General Obligation Bonds, School Building   Facilities Maintenance Series 2023A                | Dover-Eyota Independent School District 533, Minnesota, General Obligation Bonds, School Building   Facilities Maintenance Series 2023A                | CUSIP: 260093JT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1463083.06   | 0.37%             | 2045-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Round Lake-Brewster Independent School District 2907, Minnesota, General Obligation Bonds, School Building Series 2023A                                | Round Lake-Brewster Independent School District 2907, Minnesota, General Obligation Bonds, School Building Series 2023A                                | CUSIP: 779133CC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1184329.61   | 0.30%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ramsey County, Minnesota, General Obligation Bonds, Capital Improvement Plan, Series 2023B                                                             | Ramsey County, Minnesota, General Obligation Bonds, Capital Improvement Plan, Series 2023B                                                             | CUSIP: 751622XY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2665000 | PA      | $2756387.38   | 0.70%             | 2041-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Health Care System Revenue Bonds, Allina Health System, Series 2023A                                                           | Minneapolis, Minnesota, Health Care System Revenue Bonds, Allina Health System, Series 2023A                                                           | CUSIP: 60374VEW9<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    595000 | PA      | $634224.30    | 0.16%             | 2052-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Cuyuna Range Hospital District, Minnesota, Health Care Facilities Revenue Bonds, Crosby Senior Service Care Center, Series 2023                        | Cuyuna Range Hospital District, Minnesota, Health Care Facilities Revenue Bonds, Crosby Senior Service Care Center, Series 2023                        | CUSIP: 23249GAH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033461.90   | 0.26%             | 2043-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GFW Independent School District No. 2365, Sibley, Renville, McLeod and Nicollet Counties, Minnesota, General Obligation School Building Bonds, Series  | GFW Independent School District No. 2365, Sibley, Renville, McLeod and Nicollet Counties, Minnesota, General Obligation School Building Bonds, Series  | CUSIP: 374627DF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1849028.71   | 0.47%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New London Economic Development Authority, Minnesota, Lease Revenue Bonds, SWWC Service Cooperative Lease With Option to Purchase Project, Public Seri | New London Economic Development Authority, Minnesota, Lease Revenue Bonds, SWWC Service Cooperative Lease With Option to Purchase Project, Public Seri | CUSIP: 646565AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $452080.53    | 0.12%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New London Economic Development Authority, Minnesota, Lease Revenue Bonds, SWWC Service Cooperative Lease With Option to Purchase Project, Public Seri | New London Economic Development Authority, Minnesota, Lease Revenue Bonds, SWWC Service Cooperative Lease With Option to Purchase Project, Public Seri | CUSIP: 646565AD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $485006.68    | 0.12%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jordan Independent School District 717, Scott County, Minnesota, General Obligation Bonds, School Building Series 2023A                                | Jordan Independent School District 717, Scott County, Minnesota, General Obligation Bonds, School Building Series 2023A                                | CUSIP: 480718LD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1321743.60   | 0.34%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jordan Independent School District 717, Scott County, Minnesota, General Obligation Bonds, School Building Series 2023A                                | Jordan Independent School District 717, Scott County, Minnesota, General Obligation Bonds, School Building Series 2023A                                | CUSIP: 480718LF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084874.80   | 0.28%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Rosemount, Minnesota, General Obligation Bonds, Street Reconstruction and Capital Improvement Plan Series 2023A                                | City of Rosemount, Minnesota, General Obligation Bonds, Street Reconstruction and Capital Improvement Plan Series 2023A                                | CUSIP: 7775773U9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2380000 | PA      | $2397856.19   | 0.61%             | 2045-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnetonka Independent School District 276, Hennepin County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2023B                  | Minnetonka Independent School District 276, Hennepin County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2023B                  | CUSIP: 6041956Z5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $234686.63    | 0.06%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnetonka Independent School District 276, Hennepin County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2023B                  | Minnetonka Independent School District 276, Hennepin County, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2023B                  | CUSIP: 6041957D3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $537582.95    | 0.14%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Paul Housing and Redevelopment Authority, Minnesota, Charter School Revenue Bonds, Higher Ground Academy Charter School, Series 2018               | St. Paul Housing and Redevelopment Authority, Minnesota, Charter School Revenue Bonds, Higher Ground Academy Charter School, Series 2018               | CUSIP: 852297CR9<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501884.25    | 0.13%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Subordinate Lien Series 2022B                                 | Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Subordinate Lien Series 2022B                                 | CUSIP: 603827J64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2980000 | PA      | $3176032.45   | 0.81%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Higher Education Facilities Authority, Revenue Bonds, Carleton College, Series 2023                                                          | Minnesota Higher Education Facilities Authority, Revenue Bonds, Carleton College, Series 2023                                                          | CUSIP: 60416JHH6<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   2380000 | PA      | $2647398.24   | 0.68%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2023A                                                       | Minnesota Housing Finance Agency, Housing Infrastructure State Appropriation Bonds, Series 2023A                                                       | CUSIP: 60416T3H9<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1481796.39   | 0.38%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Series 2015A                                                       | Minneapolis, Minnesota, Health Care System Revenue Bonds, Fairview Health Services, Series 2015A                                                       | CUSIP: 60374VDS9<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2201758.68   | 0.56%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hennepin County Regional Railroad Authority, Minnesota, General Obligation Bonds, Limited Tax Series 2019A                                             | Hennepin County Regional Railroad Authority, Minnesota, General Obligation Bonds, Limited Tax Series 2019A                                             | CUSIP: 425533CQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2120965.60   | 0.54%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Department of Iron Range Resource and Rehabilitation, Educational Facilities Revenue Bonds, Series 2023A                                     | Minnesota Department of Iron Range Resource and Rehabilitation, Educational Facilities Revenue Bonds, Series 2023A                                     | CUSIP: 20261DCM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1650423.80   | 0.42%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Medicine Lake, Minnesota, General Obligation Bonds, Series 2024A                                                                                       | Medicine Lake, Minnesota, General Obligation Bonds, Series 2024A                                                                                       | CUSIP: 584670AG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $226853.21    | 0.06%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Medicine Lake, Minnesota, General Obligation Bonds, Series 2024A                                                                                       | Medicine Lake, Minnesota, General Obligation Bonds, Series 2024A                                                                                       | CUSIP: 584670AH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $348958.73    | 0.09%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Agricultural and Economic Development Board, Health Care Facilities Revenue Bonds, HealthPartners Obligated Group, Series 2024               | Minnesota Agricultural and Economic Development Board, Health Care Facilities Revenue Bonds, HealthPartners Obligated Group, Series 2024               | CUSIP: 6049203B2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2121747.60   | 0.54%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2024A                                      | Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2024A                                      | CUSIP: 792897SE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1154671.20   | 0.30%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2024A                                      | Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2024A                                      | CUSIP: 792897SF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $573116.20    | 0.15%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2024A                                      | Saint Paul Independent School District 625, Ramsey County, Minnesota, Certificates of Participation, Series 2024A                                      | CUSIP: 792897SG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1138269.30   | 0.29%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Minnesota, General Obligation Bonds, Refunding Series 2024A                                                                              | University of Minnesota, General Obligation Bonds, Refunding Series 2024A                                                                              | CUSIP: 914460XJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $801052.07    | 0.20%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Washington County Independent School District 833, Minnesota, General Obligation Bonds, Refunding Facilities Maintenance Series 2024A            | South Washington County Independent School District 833, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2024A                      | CUSIP: 840610VF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5215000 | PA      | $5330402.74   | 1.36%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bethel, Minnesota, Housing and Health Care Facilities Revenue Bonds, Ecumen Obligated Group Series 2024A                                               | Bethel, Minnesota, Housing and Health Care Facilities Revenue Bonds, Ecumen Obligated Group Series 2024A                                               | CUSIP: 08675RAT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $787521.00    | 0.20%             | 2034-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Todd Morrison and Stern Counties, Minnesota, Independent School District, General Obligation Bonds, Facilities Maintenance and Refunding Series 2024A  | Todd Morrison and Stern Counties, Minnesota, Independent School District, General Obligation Bonds, Facilities Maintenance and Refunding Series 2024A  | CUSIP: 889035DA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $1102102.37   | 0.28%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marshall, Minnesota, Education Services Facility, Lease Revenue Bonds, Southwest West Central Service Cooperatives, Series 2024A                       | Marshall, Minnesota, Education Services Facility, Lease Revenue Bonds, Southwest West Central Service Cooperatives, Series 2024A                       | CUSIP: 572509AH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2570000 | PA      | $2780554.96   | 0.71%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alexandria, Minnesota, General Obligation Bonds, Tax Abatement Series 2024A                                                                            | Alexandria, Minnesota, General Obligation Bonds, Tax Abatement Series 2024A                                                                            | CUSIP: 015104WU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $397701.14    | 0.10%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alexandria, Minnesota, General Obligation Bonds, Tax Abatement Series 2024A                                                                            | Alexandria, Minnesota, General Obligation Bonds, Tax Abatement Series 2024A                                                                            | CUSIP: 015104WV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $587433.29    | 0.15%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alexandria, Minnesota, General Obligation Bonds, Tax Abatement Series 2024A                                                                            | Alexandria, Minnesota, General Obligation Bonds, Tax Abatement Series 2024A                                                                            | CUSIP: 015104WW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $306196.66    | 0.08%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sauk Centre Public Utilities Commission, Minnesota, Electric Revenue Bonds, Series 2024A                                                               | Sauk Centre Public Utilities Commission, Minnesota, Electric Revenue Bonds, Series 2024A                                                               | CUSIP: 804283AM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $528748.80    | 0.14%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Subordinate Series 2024A                                      | Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Subordinate Series 2024A                                      | CUSIP: 603827Q66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3212377.20   | 0.82%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul, Minnesota, Sales Tax Revenue Bonds, Neighborhood and Economic Development Projects, Refunding Series 2024C                                 | Saint Paul, Minnesota, Sales Tax Revenue Bonds, Neighborhood and Economic Development Projects, Refunding Series 2024C                                 | CUSIP: 79307TEL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2772483.25   | 0.71%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Edgerton Independent School District 581, Minnesota, General Obligation Bonds, School Building Series 2024A                                            | Edgerton Independent School District 581, Minnesota, General Obligation Bonds, School Building Series 2024A                                            | CUSIP: 280191BM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2590000 | PA      | $2891479.37   | 0.74%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota State, General Obligation Bonds, Various Purpose Series 2024A                                                                                | Minnesota State, General Obligation Bonds, Various Purpose Series 2024A                                                                                | CUSIP: 60412AL84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5709704.50   | 1.46%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hennepin County, Minnesota, General Obligation Bonds, Series 2024A                                                                                     | Hennepin County, Minnesota, General Obligation Bonds, Series 2024A                                                                                     | CUSIP: 425507QE3<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2243280.40   | 0.57%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Series 2024                                                               | Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Series 2024                                                               | CUSIP: 78916VEM8<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1120946.30   | 0.29%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Series 2024                                                               | Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Series 2024                                                               | CUSIP: 78916VEP1<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1104067.90   | 0.28%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Port Authority, Minnesota, District Energy Revenue Bonds, Series 2024-1                                                                     | Saint Paul Port Authority, Minnesota, District Energy Revenue Bonds, Series 2024-1                                                                     | CUSIP: 79308GAY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1754613.09   | 0.45%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Otsego Economic Development Authority, Minnesota, Lease Revenue Bonds, Series 2024A                                                                    | Otsego Economic Development Authority, Minnesota, Lease Revenue Bonds, Series 2024A                                                                    | CUSIP: 689152AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1067081.48   | 0.27%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Department of Iron Range Resource and Rehabilitation, Revenue Bonds, Series 2024A                                                            | Minnesota Department of Iron Range Resource and Rehabilitation, Revenue Bonds, Series 2024A                                                            | CUSIP: 60414HAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2178763.20   | 0.56%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Center City, Minnesota, Health Care Facilities Revenue Bonds, Hazelden Betty Ford Foundation Project, Series 2025B                                     | Center City, Minnesota, Health Care Facilities Revenue Bonds, Hazelden Betty Ford Foundation Project, Series 2025B                                     | CUSIP: 151452CJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $342477.30    | 0.09%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Center City, Minnesota, Health Care Facilities Revenue Bonds, Hazelden Betty Ford Foundation Project, Series 2025B                                     | Center City, Minnesota, Health Care Facilities Revenue Bonds, Hazelden Betty Ford Foundation Project, Series 2025B                                     | CUSIP: 151452CK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $357345.89    | 0.09%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Center City, Minnesota, Health Care Facilities Revenue Bonds, Hazelden Betty Ford Foundation Project, Series 2025B                                     | Center City, Minnesota, Health Care Facilities Revenue Bonds, Hazelden Betty Ford Foundation Project, Series 2025B                                     | CUSIP: 151452CM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $312540.68    | 0.08%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Center City, Minnesota, Health Care Facilities Revenue Bonds, Hazelden Betty Ford Foundation Project, Series 2025B                                     | Center City, Minnesota, Health Care Facilities Revenue Bonds, Hazelden Betty Ford Foundation Project, Series 2025B                                     | CUSIP: 151452CL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $377003.77    | 0.10%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care System Revenue Bonds, Children's Health Care, Series 2025           | Minneapolis-Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care System Revenue Bonds, Children's Health Care, Series 2025           | CUSIP: 603695KC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1101199.60   | 0.28%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sartell Independent School District 748, Stearns County, Minnesota, General Obligation Bonds, School Building Series 2025A                             | Sartell Independent School District 748, Stearns County, Minnesota, General Obligation Bonds, School Building Series 2025A                             | CUSIP: 803820MA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $473685.25    | 0.12%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Woodbury, Minnesota, Charter School Lease Revenue Bonds, Math and Science Academy Building Company, Refunding Series 2025A                             | Woodbury, Minnesota, Charter School Lease Revenue Bonds, Math and Science Academy Building Company, Refunding Series 2025A                             | CUSIP: 979134AX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020660.20   | 0.26%             | 2035-06-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Facility Revenue Bonds, HealthPartners Obligated Group, Refunding Series 2025   | Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Facility Revenue Bonds, HealthPartners Obligated Group, Refunding Series 2025   | CUSIP: 792905EJ6<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   2585000 | PA      | $2947036.49   | 0.75%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Social Series 2025F                                                               | Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Social Series 2025F                                                               | CUSIP: 60416USP1<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053620.70   | 0.27%             | 2040-07-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BARCLAYS CAPITAL INC. FIXED INCOME                                                                                                                     | Rochester, Minnesota, Health Care Facilities Revenue Bonds, Mayo Clinic, Series 2025D                                                                  | CUSIP: 771902HS5<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4500000.00   | 1.15%             | 2064-11-15      | Variable      | 1.25%                 | No            |                  2 | On Loan: No      |
| Brainerd, Minnesota, Senior Housing and Healthcare Revenue Bonds, Pinecrest of Country Manor Project, Series 2025A                                     | Brainerd, Minnesota, Senior Housing and Healthcare Revenue Bonds, Pinecrest of Country Manor Project, Series 2025A                                     | CUSIP: 10501DAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $852213.44    | 0.22%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Apple Valley, Minnesota, Senior Housing Revenue Bonds, PHS Apple Valley Senior Housing, Inc. ? Orchard Path Phase III Project, Series 2025A            | Apple Valley, Minnesota, Senior Housing Revenue Bonds, PHS Apple Valley Senior Housing, Inc. ? Orchard Path Phase III Project, Series 2025A            | CUSIP: 03800RBH8<br>LEI: 549300AMWD6044L1SO95 | Long             | DBT              | MUN               | US        |    865000 | PA      | $943232.42    | 0.24%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Louis County, Minnesota, General Obligation Bonds, Transportation Sales & Use Tax Series 2025A                                                   | Saint Louis County, Minnesota, General Obligation Bonds, Transportation Sales & Use Tax Series 2025A                                                   | CUSIP: 791230YS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1332721.38   | 0.34%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing and Redevelopment Authority, Minnesota, Parking Enterprise Revenue Bonds, Refunding Series 2025A                                    | Saint Paul Housing and Redevelopment Authority, Minnesota, Parking Enterprise Revenue Bonds, Refunding Series 2025A                                    | CUSIP: 79289WBU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1117346.86   | 0.29%             | 2042-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hennepin County, Minnesota, General Obligation Bonds, Series 2017B                                                                                     | Hennepin County, Minnesota, General Obligation Bonds, Series 2017B                                                                                     | CUSIP: 425507FE5<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |    120000 | PA      | $120000.00    | 0.03%             | 2041-12-01      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing and Redevelopment Authority, Minnesota, Parking Enterprise Revenue Bonds, Refunding Series 2025A                                    | Saint Paul Housing and Redevelopment Authority, Minnesota, Parking Enterprise Revenue Bonds, Refunding Series 2025A                                    | CUSIP: 79289WBT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1126102.44   | 0.29%             | 2041-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pequot Lakes Independent School District 186, Minnesota, General Obligation Bonds, School Building Series 2025A                                        | Pequot Lakes Independent School District 186, Minnesota, General Obligation Bonds, School Building Series 2025A                                        | CUSIP: 713567KD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1736400.05   | 0.44%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pequot Lakes Independent School District 186, Minnesota, General Obligation Bonds, School Building Series 2025A                                        | Pequot Lakes Independent School District 186, Minnesota, General Obligation Bonds, School Building Series 2025A                                        | CUSIP: 713567KA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3680000 | PA      | $4191237.01   | 1.07%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2025A                                                          | Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Series 2025A                                                          | CUSIP: 40065FFE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $274426.38    | 0.07%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Minnetonka Independent School District 276, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2025D                                   | Minnetonka Independent School District 276, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2025D                                   | CUSIP: 604196AS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $438535.44    | 0.11%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnetonka Independent School District 276, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2025D                                   | Minnetonka Independent School District 276, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2025D                                   | CUSIP: 604196AR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $331548.75    | 0.08%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnetonka Independent School District 276, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2025D                                   | Minnetonka Independent School District 276, Minnesota, General Obligation Bonds, Facilities Maintenance Series 2025D                                   | CUSIP: 604196AQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $250744.57    | 0.06%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, General Obligation Bonds, Series 2025                                                                                          | Minneapolis, Minnesota, General Obligation Bonds, Series 2025                                                                                          | CUSIP: 60375BPB6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   3520000 | PA      | $4108901.98   | 1.05%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Revenue Bonds, University Gateway Project, Refunding Series 2025                                                               | Minneapolis, Minnesota, Revenue Bonds, University Gateway Project, Refunding Series 2025                                                               | CUSIP: 603786JY1<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1339072.96   | 0.34%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Revenue Bonds, University Gateway Project, Refunding Series 2025                                                               | Minneapolis, Minnesota, Revenue Bonds, University Gateway Project, Refunding Series 2025                                                               | CUSIP: 603786JX3<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4755096.00   | 1.22%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Minnesota Municipal Power Agency, Power Supply System Revenue Bonds, Series 2025A                                                             | Southern Minnesota Municipal Power Agency, Power Supply System Revenue Bonds, Series 2025A                                                             | CUSIP: 843375G91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $391926.81    | 0.10%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Minnesota Municipal Power Agency, Power Supply System Revenue Bonds, Series 2025A                                                             | Southern Minnesota Municipal Power Agency, Power Supply System Revenue Bonds, Series 2025A                                                             | CUSIP: 843375H25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $533927.70    | 0.14%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Minnesota Municipal Power Agency, Power Supply System Revenue Bonds, Series 2025A                                                             | Southern Minnesota Municipal Power Agency, Power Supply System Revenue Bonds, Series 2025A                                                             | CUSIP: 843375H41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $496749.69    | 0.13%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Minnesota Municipal Power Agency, Power Supply System Revenue Bonds, Series 2025A                                                             | Southern Minnesota Municipal Power Agency, Power Supply System Revenue Bonds, Series 2025A                                                             | CUSIP: 843375H33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $879857.18    | 0.23%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota State, General Obligation Bonds, Various Purpose Bid Groups 1 & 2 Series 2025A                                                               | Minnesota State, General Obligation Bonds, Various Purpose Bid Groups 1 & 2 Series 2025A                                                               | CUSIP: 60412AW82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11426541.00  | 2.92%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hennepin County, Minnesota, General Obligation Bonds, Series 2025A                                                                                     | Hennepin County, Minnesota, General Obligation Bonds, Series 2025A                                                                                     | CUSIP: 425507QS2<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3570932.70   | 0.91%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Blue Earth, Minnesota Electric Revenue Bonds, Series 2025A                                                                                             | Blue Earth, Minnesota Electric Revenue Bonds, Series 2025A                                                                                             | CUSIP: 095442AU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $600664.30    | 0.15%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rum River Special Education Cooperative, Minnesota, Certificates of Participation, Series 2025A                                                        | Rum River Special Education Cooperative, Minnesota, Certificates of Participation, Series 2025A                                                        | CUSIP: 781378AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2092303.20   | 0.54%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Twin Cities Academy Project, Refunding Series 2025A       | Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Twin Cities Academy Project, Refunding Series 2025A       | CUSIP: 852297EA4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030330.80   | 0.26%             | 2035-07-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Twin Cities Academy Project, Refunding Series 2025A       | Saint Paul Housing & Redevelopment Authority, Minnesota, Charter School Lease Revenue Bonds, Twin Cities Academy Project, Refunding Series 2025A       | CUSIP: 852297EB2<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025535.40   | 0.26%             | 2045-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Yellow Medicine East Independent School District 2190, Minnesota, General Obligation Bonds, Series 2025A                                               | Yellow Medicine East Independent School District 2190, Minnesota, General Obligation Bonds, Series 2025A                                               | CUSIP: 985565DN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $997918.60    | 0.26%             | 2047-02-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Mountain Lake, Minnesota, Electric Revenue Bonds, Series 2025B                                                                                         | Mountain Lake, Minnesota, Electric Revenue Bonds, Series 2025B                                                                                         | CUSIP: 624165FN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $271024.88    | 0.07%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mountain Lake, Minnesota, Electric Revenue Bonds, Series 2025B                                                                                         | Mountain Lake, Minnesota, Electric Revenue Bonds, Series 2025B                                                                                         | CUSIP: 624165FM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $215214.92    | 0.06%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mountain Lake, Minnesota, Electric Revenue Bonds, Series 2025B                                                                                         | Mountain Lake, Minnesota, Electric Revenue Bonds, Series 2025B                                                                                         | CUSIP: 624165FK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $311654.06    | 0.08%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis Special School District 1, Hennepin County, Minnesota, General Obligation Bonds, Long Term Facilities Maintenance, Series 2025B            | Minneapolis Special School District 1, Hennepin County, Minnesota, General Obligation Bonds, Long Term Facilities Maintenance, Series 2025B            | CUSIP: 603790E44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1681276.55   | 0.43%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis Special School District 1, Hennepin County, Minnesota, General Obligation Bonds, School Building Series 2025A                              | Minneapolis Special School District 1, Hennepin County, Minnesota, General Obligation Bonds, School Building Series 2025A                              | CUSIP: 603790B88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1715014.54   | 0.44%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnetonka Independent School District 276, Minnesota, General Obligation Bonds, School Building Capital Appreciation, Series 2026A                    | Minnetonka Independent School District 276, Minnesota, General Obligation Bonds, School Building Capital Appreciation, Series 2026A                    | CUSIP: 604196BK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $637215.50    | 0.16%             | 2040-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-Saint Paul Metropolitan Council, Minnesota, General Obligation Wastewater Revenue Bonds, Refunding Series 2026A                            | Minneapolis-Saint Paul Metropolitan Council, Minnesota, General Obligation Wastewater Revenue Bonds, Refunding Series 2026A                            | CUSIP: 5918527N2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5767779.00   | 1.48%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Big Lake Economic Development Authority, Minnesota, Lease Revenue Bonds, Lease with Option to Purchase Project, Series 2026A                           | Big Lake Economic Development Authority, Minnesota, Lease Revenue Bonds, Lease with Option to Purchase Project, Series 2026A                           | CUSIP: 089267AP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $557103.40    | 0.14%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Big Lake Economic Development Authority, Minnesota, Lease Revenue Bonds, Lease with Option to Purchase Project, Series 2026A                           | Big Lake Economic Development Authority, Minnesota, Lease Revenue Bonds, Lease with Option to Purchase Project, Series 2026A                           | CUSIP: 089267AN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $495102.78    | 0.13%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Big Lake Economic Development Authority, Minnesota, Lease Revenue Bonds, Lease with Option to Purchase Project, Series 2026A                           | Big Lake Economic Development Authority, Minnesota, Lease Revenue Bonds, Lease with Option to Purchase Project, Series 2026A                           | CUSIP: 089267AQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $546669.97    | 0.14%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakes Area Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, VIVIE-Knute Nelson Care Center Project Series 2026A        | Lakes Area Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, VIVIE-Knute Nelson Care Center Project Series 2026A        | CUSIP: 512060AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005016.40   | 0.26%             | 2036-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Social Series 2026A                                                               | Minnesota Housing Finance Agency, Residential Housing Finance Bonds, Social Series 2026A                                                               | CUSIP: 60416UZV0<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    895000 | PA      | $904686.41    | 0.23%             | 2041-07-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Minnesota Health and Education Facilities Authority, Revenue Bonds, Macalester College Refunding Series 2026                                           | Minnesota Health and Education Facilities Authority, Revenue Bonds, Macalester College Refunding Series 2026                                           | CUSIP: 60410PAZ5<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    250000 | PA      | $280057.13    | 0.07%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Health and Education Facilities Authority, Revenue Bonds, Macalester College Refunding Series 2026                                           | Minnesota Health and Education Facilities Authority, Revenue Bonds, Macalester College Refunding Series 2026                                           | CUSIP: 60410PAY8<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    200000 | PA      | $225958.24    | 0.06%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Health and Education Facilities Authority, Revenue Bonds, Macalester College Refunding Series 2026                                           | Minnesota Health and Education Facilities Authority, Revenue Bonds, Macalester College Refunding Series 2026                                           | CUSIP: 60410PBA9<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    225000 | PA      | $249859.60    | 0.06%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Health and Education Facilities Authority, Revenue Bonds, Macalester College Refunding Series 2026                                           | Minnesota Health and Education Facilities Authority, Revenue Bonds, Macalester College Refunding Series 2026                                           | CUSIP: 60410PBB7<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    215000 | PA      | $235741.29    | 0.06%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Health and Education Facilities Authority, Revenue Bonds, Macalester College Refunding Series 2026                                           | Minnesota Health and Education Facilities Authority, Revenue Bonds, Macalester College Refunding Series 2026                                           | CUSIP: 60410PBC5<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |    225000 | PA      | $243833.83    | 0.06%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-28

**Name of Applicant:** Nuveen Investment Funds, Inc.

**Signature:** Gina Spunder

**Name of Signer:** Gina Spunder

**Title:** Director, Fund Financial Reporting