# EDGAR Filing Document

**Accession Number:** 0000832808
**File Stem:** 0001752724-23-047102
**Filing Date:** 2023-2
**Character Count:** 268706
**Document Hash:** f61b4f37c26affa2ccc28391109735b2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-047102.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-047102

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BERNSTEIN SANFORD C FUND INC
- **CENTRAL INDEX KEY:** 0000832808
- **IRS NUMBER:** 133464161
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05555
- **FILM NUMBER:** 23683875

**BUSINESS ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 1345 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105
- **BUSINESS PHONE:** 2129691000

**MAIL ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 1345 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10153

## Series and Classes Contracts Data

### California Municipal Portfolio (Series ID: S000011051)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000030481 | AB Intermediate California Municipal Class A | AICAX           |
| C000030483 | AB Intermediate California Municipal Class C | ACMCX           |
| C000084881 | California Municipal Class                   | SNCAX           |
| C000157745 | Advisor Class                                | AICYX           |

## Nport-Ex

**Sanford C. Bernstein Fund, Inc.** 

**Schedule of Investments** 

**California Municipal Portfolio** 

**December 31, 2022 (unaudited)** 

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **MUNICIPAL OBLIGATIONS – 96.0%** | **MUNICIPAL OBLIGATIONS – 96.0%** | **MUNICIPAL OBLIGATIONS – 96.0%** |
|  **Long-Term Municipal Bonds – 95.9%** | **Long-Term Municipal Bonds – 95.9%** | **Long-Term Municipal Bonds – 95.9%** |
|  **California – 81.3%** | **California – 81.3%** | **California – 81.3%** |
|  Anaheim Housing & Public Improvements Authority<br>(City of Anaheim CA Electric System Revenue)<br>Series 2020<br>2.792%, 10/01/2032 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3850 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3168571 |
|  Bay Area Toll Authority<br>Series 2021<br>3.94% (MUNIPSA + 0.28%), 04/01/2056<sup>(a)</sup> | 5000 | 5001883 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.96% (MUNIPSA + 0.30%), 04/01/2056<sup>(a)</sup> | 5000 | 4859731 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.07% (MUNIPSA + 0.41%), 04/01/2056<sup>(a)</sup> | 9215 | 8936607 |
|  Bay Area Water Supply & Conservation Agency<br>Series 2013-A<br>5.00%, 10/01/2025 | 4710 | 4731986 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.00%, 10/01/2029<sup>(b)</sup> | 1750 | 2014811 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2030<sup>(b)</sup> | 1800 | 2106779 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2031<sup>(b)</sup> | 2500 | 2968615 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2032<sup>(b)</sup> | 2500 | 2994737 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2033<sup>(b)</sup> | 2500 | 3009487 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2034<sup>(b)</sup> | 2000 | 2387570 |
|  California Community Choice Financing Authority<br>5.00%, 12/01/2053<sup>(b)</sup> | 8650 | 9014161 |
|  California Community Choice Financing Authority<br>(Goldman Sachs Group Inc/The)<br>Series 2021<br>4.00%, 10/01/2052 | 4745 | 4762874 |
|  California Community Choice Financing Authority<br>(Morgan Stanley)<br>Series 2021-B<br>4.00%, 02/01/2052 | 4435 | 4363958 |
|  California Community Housing Agency<br>(California Community Housing Agency Aster Apartments)<br>Series 2021-A<br>4.00%, 02/01/2043<sup>(c)</sup> | 950 | 774053 |
|  California Community Housing Agency<br>(California Community Housing Agency Brio Apartments & Next on Lex Apartments)<br>Series 2021-A<br>4.00%, 08/01/2047<sup>(c)</sup> | 5000 | 3722995 |
|  California Community Housing Agency<br>(California Community Housing Agency Fountains at Emerald Park)<br>Series 2021<br>4.00%, 08/01/2046<sup>(c)</sup> | 2500 | 1966123 |
|  California Community Housing Agency<br>(California Community Housing Agency Summit at Sausalito Apartments)<br>Series 2021<br>4.00%, 02/01/2050<sup>(c)</sup> | 4000 | 2969878 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  California County Tobacco Securitization Agency<br>Series 2020-A<br>4.00%, 06/01/2037 | $510 | $481091 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | 934254 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2027 | 800 | 838932 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2028 | 700 | 737195 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2030 | 500 | 531437 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2031 | 400 | 423310 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2032 | 300 | 316697 |
|  California Earthquake Authority<br>Series 2022-A<br>5.603%, 07/01/2027 | 2000 | 2016543 |
|  California Educational Facilities Authority<br>(University of the Pacific)<br>Series 2015<br>5.00%, 11/01/2028 | 1545 | 1634690 |
|  California Enterprise Development Authority<br>(Rocketship Education Obligated Group)<br>Series 2022<br>4.00%, 06/01/2027<sup>(c)</sup> | 1125 | 1073658 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2031<sup>(c)</sup> | 2000 | 1813939 |
|  California Health Facilities Financing Authority<br>(Cedars-Sinai Medical Center)<br>Series 2015<br>5.00%, 11/15/2027 | 6500 | 6914368 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2028 | 6000 | 6373336 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2029 | 7000 | 7424154 |
|  California Health Facilities Financing Authority<br>(Children's Hospital Los Angeles)<br>Series 2017-A<br>5.00%, 08/15/2032 | 1215 | 1279134 |
|  California Health Facilities Financing Authority<br>(CommonSpirit Health)<br>Series 2020-A<br>5.00%, 04/01/2032 | 2900 | 3155019 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2033 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2170279 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2034 | 750 | 810413 |
|  California Health Facilities Financing Authority<br>(Sutter Health Obligated Group)<br>Series 2018-A |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2023 | 4250 | 4320359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2025 | 2535 | 2686720 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2026 | 2300 | 2483548 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2027 | 1000 | 1096411 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2029 | 1280 | 1400296 |
|  California Housing Finance Agency |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-1, Class A<br>3.50%, 11/20/2035 | 9744 | 8813250 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-2, Class X<br>0.823%, 03/25/2035<sup>(d)</sup> | 3939 | 213361 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-3, Class A<br>3.25%, 08/20/2036 | 1967 | 1700732 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-3, Class X<br>0.764%, 08/20/2036<sup>(d)</sup> | 3349 | 183839 |
|  California Housing Finance Agency<br>Series 2019-2, Class A<br>4.00%, 03/20/2033 | 10995 | 10615412 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  California Infrastructure & Economic Development Bank<br>Series 2022<br>0.85%, 01/01/2050 (Pre-refunded/ETM)<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9980707 |
|  California Infrastructure & Economic Development Bank<br>(California Academy of Sciences)<br>Series 2021<br>4.01% (MUNIPSA + 0.35%), 08/01/2047<sup>(a)</sup> | 8700 | 8579266 |
|  California Infrastructure & Economic Development Bank<br>(California Infrastructure & Economic Development Bank SRF) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017<br>5.00%, 10/01/2024 | 5000 | 5207691 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018<br>5.00%, 10/01/2032 | 13965 | 15678740 |
|  California Infrastructure & Economic Development Bank<br>(Segerstrom Center for the Arts) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016<br>5.00%, 07/01/2026 | 2370 | 2513647 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-B<br>5.00%, 07/01/2023 | 12760 | 12860313 |
|  California Municipal Finance Authority<br> (Emerson College)<br>Series 2017-B<br>5.00%, 01/01/2030 | 1000 | 1050202 |
|  California Municipal Finance Authority<br>(LAX Integrated Express Solutions LLC) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018<br>5.00%, 12/31/2023 | 800 | 808173 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2024 | 250 | 255832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2026 | 2200 | 2293936 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/30/2027 | 2250 | 2354848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2027 | 3000 | 3153562 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/30/2029 | 1050 | 1100235 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2029 | 1150 | 1204789 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/30/2031 | 3100 | 3237565 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2031 | 1930 | 2013748 |
|  California Municipal Finance Authority<br>(United Airlines, Inc.)<br>Series 2019<br>4.00%, 07/15/2029 | 8250 | 8032370 |
|  California Pollution Control Financing Authority<br>(Poseidon Resources Channelside LP)<br>Series 2012<br>5.00%, 07/01/2027<sup>(c)</sup> | 3195 | 3203735 |
|  California Pollution Control Financing Authority<br>(San Diego County Water Authority Desalination Project Pipeline)<br>Series 2019<br>5.00%, 07/01/2024<sup>(c)</sup> | 1335 | 1348358 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2029<sup>(c)</sup> | 3400 | 3464804 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  California Public Finance Authority<br>(California University of Science & Medicine Obligated Group)<br>Series 2019<br>6.25%, 07/01/2054<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1590877 |
|  California School Finance Authority<br>(Kipp SoCal Public Schools Obligated Group)<br>Series 2020-A<br>4.00%, 07/01/2040<sup>(c)</sup> | 800 | 729641 |
|  California School Finance Authority<br>(Lighthouse Community Public Schools Obligated Group)<br>Series 2022<br>6.25%, 06/01/2042<sup>(c)</sup> | 1000 | 1017320 |
|  California School Finance Authority<br>(Rocketship Education Obligated Group)<br>Series 2015-A<br>4.25%, 03/01/2028<sup>(c)</sup> | 1120 | 1089593 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-A<br>5.00%, 06/01/2031<sup>(c)</sup> | 1000 | 999954 |
|  California State Public Works Board<br>(California State Public Works Board Lease)<br>Series 2014-A<br>5.00%, 09/01/2030 | 11220 | 11650541 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-B<br>5.00%, 10/01/2029 | 4445 | 4624227 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-H<br>5.00%, 04/01/2030 | 2000 | 2196986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2031 | 2000 | 2195799 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2032 | 1270 | 1392237 |
|  California State University<br>Series 2014<br>5.00%, 11/01/2028 (Pre-refunded/ETM) | 280 | 291839 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-A<br>5.00%, 11/01/2033 | 5620 | 6162966 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-A<br>5.00%, 11/01/2030 | 600 | 693218 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2031 | 400 | 461229 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-D<br>1.49%, 11/01/2028 | 1500 | 1236274 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-B<br>2.274%, 11/01/2034 | 7000 | 5232764 |
|  California Statewide Communities Development Authority<br>(CHF-Irvine LLC)<br>Series 2017-A<br>5.00%, 05/15/2029 | 1210 | 1257954 |
|  California Statewide Communities Development Authority<br>(Emanate Health Obligated Group)<br>Series 2020-A<br>5.00%, 04/01/2027 | 720 | 768406 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2028 | 535 | 575929 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  California Statewide Communities Development Authority<br>(Lancer Educational Housing LLC)<br>Series 2016<br>5.00%, 06/01/2036<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3250 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3141973 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019<br>5.00%, 06/01/2034<sup>(c)</sup> | 755 | 737651 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2039<sup>(c)</sup> | 1800 | 1710919 |
|  California Statewide Communities Development Authority<br> (Loma Linda University Medical Center)<br>Series 2014<br>5.25%, 12/01/2034 | 4500 | 4593219 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-A<br>5.00%, 12/01/2041<sup>(c)</sup> | 2000 | 1940028 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-A<br>5.00%, 12/01/2027<sup>(c)</sup> | 250 | 257749 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2033<sup>(c)</sup> | 1000 | 1015279 |
|  California Statewide Communities Development Authority<br> (NCCD-Hooper Street LLC)<br>Series 2019<br>5.00%, 07/01/2024<sup>(c)</sup> | 180 | 179616 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2029<sup>(c)</sup> | 685 | 662883 |
|  City & County of San Francisco CA<br>Series 2018-C<br>5.00%, 06/15/2023 | 3095 | 3125942 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/2025 | 4235 | 4381884 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-E<br>5.00%, 06/15/2023 | 1490 | 1504896 |
|  City & County of San Francisco CA<br> (City & County of San Francisco CA COP)<br>Series 2015-R<br>5.00%, 09/01/2024 | 3970 | 4030658 |
|  City of Hayward CA<br> (City of Hayward CA COP)<br>Series 2015<br>5.00%, 11/01/2023 | 3000 | 3052659 |
|  City of Los Angeles CA<br>Series 2022<br>4.00%, 06/29/2023 | 36010 | 36195117 |
|  City of Los Angeles Department of Airports<br>5.00%, 05/15/2033 | 5000 | 5477713 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-A<br>5.00%, 05/15/2028 | 1440 | 1523436 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2029 | 2575 | 2718329 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018<br>5.00%, 05/15/2031 | 3000 | 3220239 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2035 | 1190 | 1246347 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-C<br>5.00%, 05/15/2025 | 2955 | 3065101 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019<br>4.00%, 05/15/2044 | 4205 | 3865332 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2030 | 3020 | 3248486 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-A<br>5.00%, 05/15/2038 | 4315 | 4488933 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-C<br>5.00%, 05/15/2031 | 5000 | 5484945 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2033 | 4000 | 4365433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2039 | 2655 | 2788882 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021<br>5.00%, 05/15/2030 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2020 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2193812 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2035 | 1685 | 1802574 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-D<br>4.00%, 05/15/2040 | 2165 | 2051544 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>4.00%, 05/15/2036 | 1300 | 1264989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/15/2041 | 1100 | 1032804 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-A<br>4.00%, 05/15/2041 | 6160 | 5783705 |
|  City of Riverside CA Sewer Revenue<br>Series 2015-A<br>5.00%, 08/01/2027 | 2000 | 2121342 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2030 | 3320 | 3517404 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-A<br>5.00%, 08/01/2031 | 2785 | 3126310 |
|  City of Roseville CA<br> (Fiddyment Ranch Community Facilities District No.1)<br>Series 2017<br>5.00%, 09/01/2028 | 1010 | 1078819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2030 | 1295 | 1368782 |
|  City of Roseville CA<br> (HP Campus Oaks Community Facilities District No.1)<br>Series 2016<br>5.00%, 09/01/2031 | 995 | 1038981 |
|  City of San Jose CA Airport Revenue<br> (Norman Y Mineta San Jose International Airport SJC)<br>Series 2014-A<br>5.00%, 03/01/2025 | 3600 | 3662219 |
|  CMFA Special Finance Agency VII<br> (CMFA Special Finance Agency VII The Breakwater Apartments)<br>Series 2021<br>4.00%, 08/01/2047<sup>(c)</sup> | 3990 | 2975094 |
|  CMFA Special Finance Agency VIII Elan Huntington Beach<br>Series 2021<br>4.00%, 08/01/2047<sup>(c)</sup> | 1000 | 766842 |
|  Contra Costa Transportation Authority Sales Tax Revenue<br>Series 2017-A<br>5.00%, 03/01/2030 | 1250 | 1372406 |
|  Coronado Community Development Agency Successor Agency<br>Series 2018-A<br>5.00%, 09/01/2033 | 3625 | 3822773 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority 1818 Platinum Triangle-Anaheim)<br>Series 2021<br>3.35%, 04/01/2047<sup>(c)</sup> | 4000 | 3078492 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority 777 Place-Pomona)<br>Series 2021<br>3.60%, 05/01/2047<sup>(c)</sup> | 1500 | 1176013 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Acacia on Santa Rosa Creek)<br>Series 2021<br>4.00%, 10/01/2046<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3029208 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Altana Apartments)<br>Series 2021<br>3.50%, 10/01/2046<sup>(c)</sup> | 5000 | 3624735 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Jefferson Platinum Triangle Apartments)<br>Series 2021-A1<br>2.875%, 08/01/2041<sup>(c)</sup> | 3805 | 3154843 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Millennium South Bay-Hawthorne)<br>Series 2021<br>3.375%, 07/01/2043<sup>(c)</sup> | 1000 | 782276 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Oceanaire Apartments)<br>Series 2021<br>3.20%, 09/01/2046<sup>(c)</sup> | 5000 | 3625753 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Pasadena Portfolio)<br>Series 2021<br>2.65%, 12/01/2046<sup>(c)</sup> | 2485 | 1848756 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Theo Apartments)<br>Series 2021<br>3.50%, 05/01/2047<sup>(c)</sup> | 2000 | 1614274 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Union South Bay)<br>Series 2021-A<br>3.10%, 07/01/2045<sup>(c)</sup> | 3000 | 2247393 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Vineyard Gardens Apartments)<br>Series 2021<br>4.00%, 10/01/2048<sup>(c)</sup> | 4000 | 2784455 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Waterscape Apartments)<br>Series 2021-A<br>3.00%, 09/01/2056<sup>(c)</sup> | 1500 | 945924 |
|  Fontana Redevelopment Agency Successor Agency<br>Series 2017-A<br>5.00%, 10/01/2031 | 1750 | 1920672 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Fremont Community Facilities District No. 1<br>Series 2015<br>5.00%, 09/01/2027 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1041578 |
|  Golden State Tobacco Securitization Corp.<br>Series 2021<br>3.115%, 06/01/2038 | 2500 | 1936543 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1.85%, 06/01/2031 | 1175 | 1158501 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.85%, 06/01/2050 | 5000 | 4420676 |
|  Golden State Tobacco Securitization Corp.<br> (Golden State Tobacco Securitization Corp. Lease)<br>Series 2021<br>1.40%, 06/01/2025 | 2900 | 2658259 |
|  Lake Elsinore Public Financing Authority<br>Series 2015<br>5.00%, 09/01/2023 | 630 | 635637 |
|  Long Beach Unified School District<br>Series 2010-A<br>5.00%, 08/01/2025 | 1000 | 1001432 |
|  Los Angeles Department of Water & Power<br>Series 2019-B<br>5.00%, 07/01/2023 | 14750 | 14915029 |
|  Los Angeles Department of Water & Power Power System Revenue<br>Series 2013-A<br>5.00%, 07/01/2023 | 2500 | 2500000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-B<br>5.00%, 07/01/2026 | 1600 | 1640220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2027 | 2190 | 2244616 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-C<br>5.00%, 07/01/2025 | 9945 | 10314822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2026 | 11725 | 12166266 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-E<br>5.00%, 07/01/2025 | 820 | 850493 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>5.00%, 07/01/2042 | 3000 | 3300133 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-B<br>5.00%, 07/01/2036 | 3000 | 3450818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2040 | 2800 | 3144978 |
|  Los Angeles Department of Water & Power System Revenue<br>Series 2021-B<br>5.00%, 07/01/2041 | 4800 | 5280005 |
|  Los Angeles Department of Water & Power Water System Revenue<br>Series 2018-A<br>5.00%, 07/01/2031 | 1345 | 1504612 |
|  Los Angeles Unified School District/CA<br>Series 2009<br>5.75%, 07/01/2034 | 2000 | 2089163 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-C<br>5.00%, 07/01/2023 | 3860 | 3900158 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2027 | 10365 | 10704164 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-A<br>5.00%, 07/01/2027 | 18645 | 19778433 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-A<br>5.00%, 07/01/2023 | 6905 | 6976837 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2024 | 1470 | 1519411 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-B<br>5.00%, 07/01/2029 | 9020 | 10054158 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-M<br>3.00%, 07/01/2023 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1550 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1551098 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-R<br>4.00%, 07/01/2044 | 4500 | 4340965 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2032 | 3945 | 4568869 |
|  Metropolitan Water District of Southern California<br>Series 2021-D<br>3.80% (MUNIPSA + 0.14%), 07/01/2037<sup>(a)</sup> | 2900 | 2880770 |
|  Middle Fork Project Finance Authority<br>Series 2020<br>5.00%, 04/01/2033 | 1650 | 1786114 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2034 | 1100 | 1189331 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2035 | 1150 | 1233915 |
|  Natomas Unified School District<br>BAM Series 2014<br>5.00%, 08/01/2023 | 1930 | 1951903 |
|  Newport Mesa Unified School District<br>Series 2020<br>5.00%, 08/01/2024 | 1600 | 1656539 |
|  Oakland Unified School District/Alameda County<br>Series 2015-A<br>5.00%, 08/01/2023 | 1575 | 1592604 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016<br>5.00%, 08/01/2030 | 1420 | 1526693 |
|  Palm Desert Redevelopment Agency Successor Agency<br>BAM Series 2017-A<br>5.00%, 10/01/2024 | 1000 | 1036853 |
|  Peralta Community College District<br>Series 2014-A<br>5.00%, 08/01/2028 | 1820 | 1879183 |
|  Pittsburg Successor Agency Redevelopment Agency<br>AGM Series 2016-A<br>5.00%, 09/01/2027 | 2785 | 2972491 |
|  Port of Los Angeles<br>Series 2014-A<br>5.00%, 08/01/2026 | 1000 | 1027353 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2027 | 1565 | 1607655 |
|  Port of Oakland<br>Series 2021<br>5.00%, 05/01/2025 | 4800 | 4959344 |
|  Regents of the University of California Medical Center Pooled Revenue<br>Series 2022<br>5.00%, 05/15/2040 | 10000 | 11049140 |
|  River Islands Public Financing Authority<br> (River Islands Public Financing Authority Community Facilities District No 2003-1)<br>Series 2022<br>4.50%, 09/01/2037 | 2905 | 2816425 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2042 | 2510 | 2515389 |
|  Riverside County Public Financing Authority<br>Series 2015<br>5.00%, 11/01/2028 (Pre-refunded/ETM) | 3395 | 3622875 |
|  Romoland School District<br>Series 2015<br>5.00%, 09/01/2023 | 955 | 963234 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  Sacramento County Water Financing Authority<br> (Sacramento County Water Agency)<br>NATL Series 2007-B<br>3.76% (LIBOR 3 Month + 0.57%), 06/01/2039<sup>(a)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5700 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4970212 |
|  San Diego Association of Governments<br> (State of California DOT Fed Hwy Grant)<br>Series 2019<br>1.80%, 11/15/2027 | 3200 | 2966492 |
|  San Francisco City & County Redevelopment Agency Successor Agency<br> (Mission Bay South Public Imp)<br>Series 2013-A<br>5.00%, 08/01/2024 | 1500 | 1501571 |
|  San Francisco City & County Redevelopment Agency Successor Agency<br> (Successor Agency to the Redev of San Francisco - Mission Bay South)<br>Series 2016-B<br>5.00%, 08/01/2026 | 1070 | 1149393 |
|  San Francisco Intl Airport<br>Series 2019-A<br>5.00%, 05/01/2034 | 11015 | 11694294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2035 | 1000 | 1055075 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-E<br>5.00%, 05/01/2034 | 3450 | 3662761 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2035 | 3275 | 3455371 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2036 | 3385 | 3552443 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-H<br>5.00%, 05/01/2027 | 5500 | 5826333 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-E<br>5.00%, 05/01/2037 | 3815 | 4002723 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-A<br>5.00%, 05/01/2036 | 1950 | 2072182 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-C<br>2.583%, 05/01/2030 | 1625 | 1381245 |
|  San Mateo Joint Powers Financing Authority<br> (County of San Mateo CA Lease)<br>Series 2019-A<br>5.00%, 07/15/2023 | 4000 | 4043511 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/15/2024 | 3660 | 3784841 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/15/2025 | 5790 | 6123258 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/15/2026 | 3310 | 3575912 |
|  Saugus/Hart School Facilities Financing Authority<br> (Saugus Union School District Community Facilities District No. 06-01)<br>Series 2016<br>5.00%, 09/01/2029 | 1000 | 1039843 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2030 | 1365 | 1411707 |
|  Southern California Public Power Authority<br> (Los Angeles Department of Water & Power PWR)<br>Series 2014-A<br>5.00%, 07/01/2030 | 1030 | 1062329 |
|  Southwestern Community College District<br>Series 2015<br>5.00%, 08/01/2023 | 3250 | 3289305 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2024 | 3550 | 3672662 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2025 | 3870 | 4106731 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  State of California<br>Series 2013<br>5.00%, 09/01/2028 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8890 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9017241 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014<br>5.00%, 12/01/2028 | 2285 | 2331344 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2029 | 5295 | 5466031 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-B<br>5.00%, 09/01/2024 | 3330 | 3454477 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017<br>5.00%, 08/01/2024 | 5540 | 5735765 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019<br>5.00%, 04/01/2031 | 1935 | 2198598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2031 | 1310 | 1475695 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2037 | 615 | 676738 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>4.00%, 04/01/2042 | 6440 | 6401724 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2036 | 7780 | 8936767 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2042 | 4630 | 4930589 |
|  Stockton Unified School District<br>Series 2016<br>5.00%, 08/01/2028 | 7770 | 8333125 |
|  Sweetwater Union High School District<br>Series 2016<br>5.00%, 08/01/2030 | 3205 | 3424277 |
| &nbsp;&nbsp;&nbsp;&nbsp; BAM Series 2014<br>5.00%, 08/01/2028 | 5760 | 5938309 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2029 | 2220 | 2284918 |
|  Tobacco Securitization Authority of Northern California<br> (Sacramento County Tobacco Securitization Corp.)<br>Series 2021<br>4.00%, 06/01/2034 | 1000 | 999062 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2036 | 1015 | 996307 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2038 | 1210 | 1166750 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2040 | 1150 | 1087721 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2026 | 1360 | 1420959 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2027 | 1500 | 1580880 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2028 | 1220 | 1298146 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2030 | 1500 | 1620294 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2032 | 1300 | 1402148 |
|  Transbay Joint Powers Authority<br> (Transbay Joint Powers Authority Transbay Redevelopment Project Tax Increment Rev)<br>Series 2020<br>5.00%, 10/01/2031 | 500 545281 | 500 545281 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2032 | 450 | 488401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2034 | 600 | 642093 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2035 | 600 | 635016 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2036 | 800 | 840366 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2037 | 700 | 732769 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2038 | 1000 | 1043159 |
|  University of California<br>Series 2013-A<br>5.00%, 05/15/2048 | 9785 9858145 | 9785 9858145 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-A<br>5.00%, 05/15/2028 | 1000 | 1030334 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-A<br>5.00%, 05/15/2024 | 2280 | 2351021 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-A<br>5.00%, 05/15/2028 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $1105169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2029 | 3000 | 3314846 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2031 | 2465 | 2711331 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-M<br>5.00%, 05/15/2031 | 4000 | 4392786 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-O<br>4.00%, 05/15/2025 | 8320 | 8579536 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-B<br>5.00%, 05/15/2034 | 7000 | 8030929 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2035 | 10000 | 11369541 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-Q<br>4.00%, 05/15/2040 | 7750 | 7722281 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-S<br>5.00%, 05/15/2033 | 2000 | 2373358 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-B<br>5.00%, 05/15/2028<sup>(b)</sup> | 3000 | 3363316 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2032<sup>(b)</sup> | 5000 | 5977539 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2033<sup>(b)</sup> | 3180 | 3840268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2037<sup>(b)</sup> | 2000 | 2298444 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;884283987 |
|  **Alabama – 2.2%** |  |  |
|  Southeast Alabama Gas Supply District (The)<br> (Morgan Stanley)<br>Series 2018-A<br>4.00%, 06/01/2049 | 24615 | 24528734 |
|  **American Samoa – 0.1%** |  |  |
|  American Samoa Economic Development Authority<br> (Territory of American Samoa)<br>Series 2018<br>6.50%, 09/01/2028<sup>(c)</sup> | 735 | 790225 |
|  **Colorado – 0.3%** |  |  |
|  City & County of Denver CO<br> (United Airlines, Inc.)<br>Series 2017<br>5.00%, 10/01/2032 | 3000 | 2949857 |
|  **Florida – 0.1%** |  |  |
|  Capital Trust Agency, Inc.<br> (Franklin Academy Obligated Group)<br>Series 2020<br>5.00%, 12/15/2026<sup>(c)</sup> | 100 | 101256 |
|  City of Tampa FL<br> (State of Florida Cigarette Tax Revenue)<br>Series 2020-A<br>Zero Coupon, 09/01/2033 | 175 | 113041 |
|  County of Osceola FL Transportation Revenue<br>Series 2020-A<br>Zero Coupon, 10/01/2030 | 150 | 103473 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 10/01/2031 | 185 | 121157 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 10/01/2032 | 100 | 62245 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 10/01/2033 | 250 | 146904 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 10/01/2034 | 270 | 149083 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  New River Community Development District<br>Series 2006-B<br>5.00%, 05/01/2013<sup>(e) (f) (g) (h)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405 | $0 |
|  |  | 797159 |
|  **Georgia – 0.2%** |  |  |
|  Municipal Electric Authority of Georgia<br>Series 2019<br>5.00%, 01/01/2032 | 460 | 493755 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2035 | 250 | 262495 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2036 | 1590 | 1656690 |
|  |  | 2412940 |
|  **Guam – 2.0%** |  |  |
|  Antonio B Won Pat International Airport Authority<br>Series 2021-A<br>2.899%, 10/01/2027 | 625 | 552233 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.489%, 10/01/2031 | 500 | 411377 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.00%, 10/01/2028<sup>(b)</sup> | 1080 | 1089433 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 10/01/2034<sup>(b)</sup> | 140 | 137605 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 10/01/2040<sup>(b)</sup> | 275 | 265087 |
|  Guam Department of Education<br> (Guam Department of Education COP)<br>Series 2020<br>4.25%, 02/01/2030 | 1500 | 1457085 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2040 | 1090 | 1064805 |
|  Guam Power Authority<br>Series 2022-A<br>5.00%, 10/01/2023 | 2000 | 2018371 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2028 | 3000 | 3199103 |
|  Territory of Guam<br>Series 2019<br>5.00%, 11/15/2031 | 495 | 521015 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series A<br>5.00%, 12/01/2026 | 1000 | 1039648 |
|  Territory of Guam<br> (Guam Section 30 Income Tax)<br>Series 2016-A<br>5.00%, 12/01/2029 | 455 | 472076 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2030 | 730 | 756709 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2032 | 675 | 696610 |
|  Territory of Guam<br> (Territory of Guam Business Privilege Tax)<br>Series 2015-D<br>5.00%, 11/15/2023 | 1365 | 1375608 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2025 | 1140 | 1174268 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2031 | 2735 | 2804173 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-F<br>5.00%, 01/01/2031 | 1000 | 1069276 |
|  Territory of Guam<br> (Territory of Guam Hotel Occupancy Tax)<br>Series 2021-A<br>5.00%, 11/01/2027 | 350 | 366742 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2028 | 455 | 480217 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2029 | 500 | 531035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2030 | 320 | 342002 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21824478 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **Illinois – 2.7%** |  |  |
|  Chicago Board of Education<br>Series 2017-F<br>5.00%, 12/01/2024 | $6000 | $6110075 |
|  Illinois Finance Authority<br> (Illinois Institute of Technology)<br>Series 2019<br>5.00%, 09/01/2023 | 100 | 100479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2027 | 100 | 103175 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2029 | 100 | 103710 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2032 | 100 | 102702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2033 | 200 | 204500 |
|  Metropolitan Pier & Exposition Authority<br>Series 2017-B<br>5.00%, 12/15/2026 | 3250 | 3343695 |
|  State of Illinois<br>Series 2016<br>5.00%, 11/01/2024 | 1200 | 1222759 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-D<br>5.00%, 11/01/2023 | 9530 | 9628875 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2024 | 3935 | 4009629 |
|  Village of Bolingbrook IL Sales Tax Revenue<br>Series 2005<br>6.00%, 01/01/2026 | 4450 | 4120760 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29050359 |
|  **Indiana – 0.1%** |  |  |
|  City of Fort Wayne IN<br> (Do Good Foods Fort Wayne, LLC Obligated Group)<br>9.00%, 12/01/2044<sup>(c)</sup> | 780 | 766729 |
| &nbsp;&nbsp;&nbsp;&nbsp; 10.75%, 12/01/2029 | 105 | 103424 |
|  |  | 870153 |
|  **Kentucky – 0.4%** |  |  |
|  City of Ashland KY<br> (Ashland Hospital Corp. Obligated Group)<br>Series 2019<br>5.00%, 02/01/2026 | 230 | 239351 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2027 | 260 | 273709 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2030 | 160 | 172795 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2031 | 200 | 212305 |
|  Kentucky Economic Development Finance Authority<br> (Owensboro Health, Inc. Obligated Group)<br>Series 2017-A<br>5.00%, 06/01/2029 | 3500 | 3676245 |
|  |  | 4574405 |
|  **Louisiana – 0.1%** |  |  |
|  Parish of St. James LA<br> (NuStar Logistics LP)<br>Series 2020<br>5.85%, 08/01/2041<sup>(c)</sup> | 185 | 189317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 06/01/2038<sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270 | 286641 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.10%, 12/01/2040<sup>(c)</sup> | 355 | 376880 |
|  |  | 852838 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **Michigan – 0.1%** |  |  |
|  City of Detroit MI<br>Series 2018<br>5.00%, 04/01/2031 | $1745 | $1796774 |
|  **Missouri – 0.0%** |  |  |
|  Howard Bend Levee District XLCA<br>Series 2005<br>5.75%, 03/01/2025 | 175 | 177453 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 03/01/2027 | 150 | 152782 |
|  |  | 330235 |
|  **Nevada – 0.1%** |  |  |
|  City of Sparks NV<br> (City of Sparks NV Sales Tax)<br>Series 2019-A<br>2.50%, 06/15/2024<sup>(c)</sup> | 200 | 193964 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.75%, 06/15/2028<sup>(c)</sup> | 525 | 468573 |
|  |  | 662537 |
|  **New Jersey – 1.9%** |  |  |
|  New Jersey Transportation Trust Fund Authority<br> (New Jersey Transportation Fed Hwy Grant)<br>Series 2016<br>5.00%, 06/15/2027 | 1410 | 1489404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/2029 | 6660 | 7021597 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-A<br>5.00%, 06/15/2028 | 2710 | 2857629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/2029 | 1290 | 1360039 |
|  New Jersey Transportation Trust Fund Authority<br> (New Jersey Transportation Trust Fund Authority State Lease)<br>Series 2019-B<br>5.00%, 06/15/2030 | 3225 | 3494099 |
|  Tobacco Settlement Financing Corp./NJ<br>Series 2018-A<br>5.00%, 06/01/2023 | 1000 | 1005148 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2025 | 1000 | 1026173 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2026 | 1000 | 1033962 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2028 | 1000 | 1051255 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20339306 |
|  **New York – 1.3%** |  |  |
|  Metropolitan Transportation Authority<br>Series 2016-A<br>5.00%, 11/15/2026 | 2065 | 2157889 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-C<br>5.00%, 11/15/2026 | 2960 | 3093148 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-E<br>5.00%, 11/15/2027 | 3750 | 3937498 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2028 | 3500 | 3653813 |
|  New York Transportation Development Corp.<br> (Delta Air Lines, Inc.)<br>Series 2018<br>4.00%, 01/01/2036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | 918517 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  New York Transportation Development Corp.<br> (Laguardia Gateway Partners LLC)<br>Series 2016-A<br>5.00%, 07/01/2046 | $220 | $210627 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13971492 |
|  **Ohio – 0.1%** |  |  |
|  Buckeye Tobacco Settlement Financing Authority<br>Series 2020-A<br>5.00%, 06/01/2036 | 1175 | 1221556 |
|  **Pennsylvania – 0.4%** |  |  |
|  Allentown Neighborhood Improvement Zone Development Authority<br>Series 2018<br>5.00%, 05/01/2028<sup>(c)</sup> | 1250 1253836 | 1250 1253836 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2033<sup>(c)</sup> | 1000 | 987824 |
|  Hospitals & Higher Education Facilities Authority of Philadelphia (The)<br> (Temple University Health System Obligated Group)<br>Series 2017<br>5.00%, 07/01/2024 | 1815 | 1850098 |
|  |  | 4091758 |
|  **Puerto Rico – 0.8%** |  |  |
|  Commonwealth of Puerto Rico<br>Series 2021-A<br>Zero Coupon, 07/01/2024 | 800 | 740994 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 07/01/2033 | 1680 | 908142 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/01/2033 | 500 | 433530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2023 | 350 | 349989 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 07/01/2025 | 655 | 659938 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 07/01/2027 | 2515 | 2562451 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 07/01/2029 | 725 | 741829 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 07/01/2031 | 220 | 227473 |
|  HTA HRRB Custodial Trust<br>Series 2022<br>5.50%, 07/01/2031 | 150 | 153056 |
|  HTA TRRB Custodial Trust<br>5.25%, 07/01/2041 | 740 | 734293 |
|  Puerto Rico Commonwealth Aqueduct & Sewer Authority<br>Series 2020-A<br>5.00%, 07/01/2030<sup>(c)</sup> | 1000 | 981624 |
|  Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue<br>Series 2018-A<br>Zero Coupon, 07/01/2024 | 982 | 916028 |
|  |  | 9409347 |
|  **South Carolina – 0.4%** |  |  |
|  Patriots Energy Group Financing Agency<br> (Royal Bank of Canada)<br>Series 2018-A<br>4.00%, 10/01/2048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | 4995586 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **Texas – 0.4%** |  |  |
|  Mission Economic Development Corp.<br> (Natgasoline LLC)<br>Series 2018<br>4.625%, 10/01/2031<sup>(c)</sup> | $3205 | $3083154 |
|  Texas Municipal Gas Acquisition & Supply Corp. I<br> (Bank of America Corp.)<br>Series 2008-D<br>6.25%, 12/15/2026 | 995 | 1047413 |
|  |  | 4130567 |
|  **Washington – 0.1%** |  |  |
|  Washington Health Care Facilities Authority<br> (CommonSpirit Health)<br>Series 2019-A<br>5.00%, 08/01/2031 | 825 | 878521 |
|  **Wisconsin – 0.8%** |  |  |
|  UMA Education, Inc.<br>Series 2019<br>5.00%, 10/01/2023<sup>(c)</sup> | 195 | 195577 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2025<sup>(c)</sup> | 730 | 734586 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2026<sup>(c)</sup> | 770 | 774375 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2027<sup>(c)</sup> | 805 | 808647 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2028<sup>(c)</sup> | 700 | 701677 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2029<sup>(c)</sup> | 320 | 319794 |
|  Wisconsin Public Finance Authority<br> (Celanese US Holdings LLC)<br>Series 2016-A<br>5.00%, 01/01/2024 | 5335 | 5340077 |
|  |  | 8874733 |
|  Total Long-Term Municipal Bonds<br>(cost $1,090,583,181) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1043637547 |
|  **Short-Term Municipal Notes – 0.1%** |  |  |
|  **California – 0.1%** |  |  |
|  Southern California Public Power Authority<br>Series 2020<br>2.70%, 07/01/2036<sup>(i)</sup> | 1300 | 1300000 |
|  Total Municipal Obligations<br>(cost $1,091,883,181) |  | 1044937547 |
|  **COMMERCIAL MORTGAGE-BACKED SECURITIES – 1.1%** |  |  |
|  **Agency CMBS – 1.1%** |  |  |
|  California Housing Finance Agency<br>Series 2021-2, Class A<br>3.75%, 03/25/2035 | 7879 | 7722316 |
|  Federal Home Loan Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-ML10, Class AUS<br>2.032%, 01/25/2038 | 4924 | 3675450 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-ML13, Class ACA<br>2.875%, 07/25/2036 | 1000 | 858857 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-ML13, Class XCA<br>0.953%, 07/25/2036<sup>(d)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2700 | 157749 |
|  Total Commercial Mortgage-Backed Securities<br>(cost $15,388,660) |  | 12414372 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal**<br> **Amount**<br> **(000)** | **U.S. $ Value** |
|  **GOVERNMENTS - TREASURIES – 0.2%** |  |  |
|  **United States - 0.2%** |  |  |
|  U.S. Treasury Notes<br>2.625%, 02/15/2029<sup>(j)</sup><br>(cost $2,433,100) | $2346 | $2173716 |
|  **CORPORATES - INVESTMENT GRADE – 0.2%** |  |  |
|  **Industrial – 0.2%** |  |  |
|  **Consumer Cyclical - Automotive – 0.2%** |  |  |
|  General Motors Financial Co., Inc.<br>4.938% (SOFR + 1.30%), 04/07/2025<sup>(a)</sup><br>(cost $2,000,000) | 2000 | 1948720 |
|  **COLLATERALIZED MORTGAGE OBLIGATIONS – 0.1%** |  |  |
|  **Risk Share Floating Rate – 0.1%** |  |  |
|  Federal Home Loan Mortgage Corp. Structured Agency Credit Risk Debt Notes<br>Series 2013-DN2, Class M2<br>8.639% (LIBOR 1 Month + 4.25%), 11/25/2023<sup>(a)</sup> | 87 | 88451 |
|  Federal National Mortgage Association Connecticut Avenue Securities<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-C03, Class 2M2<br>7.289% (LIBOR 1 Month + 2.90%), 07/25/2024<sup>(a)</sup> | 65 | 65012 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2014-C04, Class 1M2<br>9.289% (LIBOR 1 Month + 4.90%), 11/25/2024<sup>(a)</sup> | 54 | 55148 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-C02, Class 1M2<br>8.389% (LIBOR 1 Month + 4.00%), 05/25/2025<sup>(a)</sup> | 33 | 33376 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-C03, Class 1M2<br>9.389% (LIBOR 1 Month + 5.00%), 07/25/2025<sup>(a)</sup> | 33 | 33072 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-C01, Class 1M2<br>11.139% (LIBOR 1 Month + 6.75%), 08/25/2028<sup>(a)</sup> | 101 | 105584 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-C02, Class 1M2<br>10.389% (LIBOR 1 Month + 6.00%), 09/25/2028<sup>(a)</sup> | 50 | 51830 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-C03, Class 1M2<br>9.689% (LIBOR 1 Month + 5.30%), 10/25/2028<sup>(a)</sup> | 88 | 90575 |
|  Total Collateralized Mortgage Obligations<br>(cost $512,831) |  | 523048 |
|  **Total Investments – 97.6%**<br> (cost $1,112,217,772)<sup>(k)</sup> |  | $1061997403 |
|  Other assets less liabilities – 2.4% |  | 25990497 |
|  **Net Assets – 100.0%** |  | $**1087987900** |

---

------

**CENTRALLY CLEARED INFLATION (CPI) SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | | **Rate Type** | **Rate Type** | | | | |
| **Notional**<br> **Amount**<br> **(000)** | **Notional**<br> **Amount**<br> **(000)** | <br>**Termination**<br> **Date** | **Payments**<br> **made**<br> **by the**<br> **Fund** | **Payments**<br> **received**<br> **by the**<br> **Fund** | <br>**Payment<br>Frequency**<br> **Paid/**<br> **Received** |<br>**Market**<br> **Value** |<br>**Upfront**<br> **Premiums**<br> **Paid/**<br> **(Received)** |<br>**Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
| USD | 5605 | 01/15/2025 | 2.565% | CPI# | Maturity | $489957 | $— | $489957 |
| USD | 3100 | 01/15/2025 | 4.028% | CPI# | Maturity | 88265 |  | 88265 |
| USD | 2803 | 01/15/2025 | 2.613% | CPI# | Maturity | 239766 |  | 239766 |
| USD | 2802 | 01/15/2025 | 2.585% | CPI# | Maturity | 242723 |  | 242723 |
| USD | 12110 | 01/15/2026 | CPI# | 3.720% | Maturity | (343506) |  | (343506) |
| USD | 8400 | 01/15/2027 | CPI# | 3.320% | Maturity | (336736) |  | (336736) |
| USD | 8200 | 01/15/2027 | CPI# | 3.466% | Maturity | (255993) | (9019) | (246974) |
| USD | 6420 | 01/15/2027 | CPI# | 3.323% | Maturity | (256197) |  | (256197) |
| USD | 21750 | 01/15/2028 | 1.230% | CPI# | Maturity | 3761836 |  | 3761836 |
| USD | 15980 | 01/15/2028 | 0.735% | CPI# | Maturity | 3325948 |  | 3325948 |
| USD | 21800 | 01/15/2029 | CPI# | 3.290% | Maturity | (580375) |  | (580375) |
| USD | 8210 | 01/15/2029 | CPI# | 3.735% | Maturity | 80251 |  | 80251 |
| USD | 4115 | 01/15/2030 | 1.572% | CPI# | Maturity | 672962 |  | 672962 |
| USD | 4115 | 01/15/2030 | 1.587% | CPI# | Maturity | 667438 |  | 667438 |
| USD | 4900 | 01/15/2031 | 2.782% | CPI# | Maturity | 301576 |  | 301576 |
| USD | 4500 | 01/15/2031 | 2.680% | CPI# | Maturity | 320912 |  | 320912 |
| USD | 3950 | 01/15/2031 | 2.989% | CPI# | Maturity | 163933 |  | 163933 |
| USD | 4300 | 01/15/2032 | CPI# | 3.064% | Maturity | (122948) |  | (122948) |
| USD | 4180 | 04/15/2032 | CPI# | 2.909% | Maturity | (173251) |  | (173251) |
|  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8286561 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9019) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8295580 |

---

*#* *Variable interest rate based on the rate of inflation as determined by the Consumer Price Index (CPI).* 

**CENTRALLY CLEARED INTEREST RATE SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | | **Rate Type** | **Rate Type** | | | | |
| **Notional**<br> **Amount**<br> **(000)** | **Notional**<br> **Amount**<br> **(000)** | <br>**Termination**<br> **Date** | **Payments**<br> **made**<br> **by the**<br> **Fund** | **Payments**<br> **received**<br> **by the**<br> **Fund** | <br>**Payment<br>Frequency**<br> **Paid/**<br> **Received** |<br>**Market**<br> **Value** |<br>**Upfront**<br> **Premiums**<br> **Paid/**<br> **(Received)** |<br>**Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
| USD | 34000 | 04/15/2032 | 2.525% | 1 Day SOFR | Annual | $2797153 | $— | $2797153 |
| USD | 28000 | 04/15/2032 | 3.120% | 1 Day SOFR | Annual | 1004798 |  | 1004798 |
| USD | 8000 | 04/15/2032 | 1.280% | 1 Day SOFR | Annual | 1488621 |  | 1488621 |
| USD | 7000 | 04/15/2032 | 3.591% | 1 Day SOFR | Annual | (9829) |  | (9829) |
|  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5280743 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5280743 |

---

------

**CREDIT DEFAULT SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Swap Counterparty &**<br> **Referenced Obligation** | **Fixed**<br> **Rate**<br> **(Pay)**<br> **Receive** | **Payment**<br> **Frequency** | **Implied**<br> **Credit**<br> **Spread at**<br> **December 31,<br>2022** | **Notional**<br> **Amount**<br> **(000)** | **Notional**<br> **Amount**<br> **(000)** | **Market<br>Value** | **Upfront**<br> **Premiums**<br> **Paid/**<br> **(Received)** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
| **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** | **Sale Contracts** |
| Citigroup Global Markets, Inc. | Citigroup Global Markets, Inc. | Citigroup Global Markets, Inc. | Citigroup Global Markets, Inc. | Citigroup Global Markets, Inc. | Citigroup Global Markets, Inc. | Citigroup Global Markets, Inc. | Citigroup Global Markets, Inc. | Citigroup Global Markets, Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-CMBX.NA.BBB- Series 6, 05/11/2063\* | 3.00% | Monthly | &nbsp;&nbsp;&nbsp;&nbsp;7.50% | USD | 77 | $(18754) | $(7117) | $(11637) |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-CMBX.NA.BBB- Series 6, 05/11/2063\* | 3.00 | Monthly | 7.50 | USD | 886 | (216827) | (108077) | (108750) |
| Credit Suisse International | Credit Suisse International | Credit Suisse International | Credit Suisse International | Credit Suisse International | Credit Suisse International | Credit Suisse International | Credit Suisse International | Credit Suisse International |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-CMBX.NA.BBB- Series 6, 05/11/2063\* | 3.00 | Monthly | 7.50 | USD | 1 | (155) | (74) | (81) |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-CMBX.NA.BBB- Series 6, 05/11/2063\* | 3.00 | Monthly | 7.50 | USD | 42 | (10230) | (3918) | (6312) |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-CMBX.NA.BBB- Series 6, 05/11/2063\* | 3.00 | Monthly | 7.50 | USD | 523 | (127864) | (49029) | (78835) |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-CMBX.NA.BBB- Series 6, 05/11/2063\* | 3.00 | Monthly | 7.50 | USD | 787 | (192494) | (71916) | (120578) |
| Goldman Sachs International | Goldman Sachs International | Goldman Sachs International | Goldman Sachs International | Goldman Sachs International | Goldman Sachs International | Goldman Sachs International | Goldman Sachs International | Goldman Sachs International |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-CMBX.NA.BBB- Series 6, 05/11/2063\* | 3.00 | Monthly | 7.50 | USD | 682 | (166766) | (60474) | (106292) |
|  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(733090) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(300605) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(432485) |

---

*\** *Termination date* 

**INTEREST RATE SWAPS** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | **Rate Type** | **Rate Type** | | | | |
| <br>**Swap Counterparty** | **Notional**<br> **Amount**<br> **(000)** | **Notional**<br> **Amount**<br> **(000)** | <br>**Termination**<br> **Date** | **Payments**<br> **made**<br> **by the**<br> **Fund** | **Payments**<br> **received**<br> **by the**<br> **Fund** |<br>**Payment<br>Frequency<br>Paid/**<br> **Received** |<br>**Market**<br> **Value** |<br>**Upfront**<br> **Premiums**<br> **Paid/**<br> **(Received)** |<br>**Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
| Citibank, NA | USD | 12395 | 10/09/2029 | 1.125% | SIFMA\* | Quarterly | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1524183 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1524183 |

---

*\** *Variable interest rate based on the Securities Industry & Financial Markets Association (SIFMA) Municipal Swap Index.* 

*(a)* *Floating Rate Security. Stated interest/floor/ceiling rate was in effect at December 31, 2022.* 

*(b)* *When-Issued or delayed delivery security.* 

*(c)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At December 31, 2022, the aggregate market value of these securities amounted to $90,060,470 or 8.3% of net assets.* 

*(d)* *IO - Interest Only.* 

------

*(e)* *Non-income producing security.* 

*(f)* *Fair valued by the Adviser.* 

*(g)* *Defaulted matured security.* 

*(h)* *Security in which significant unobservable inputs (Level 3) were used in determining fair value.* 

*(i)* *Variable Rate Demand Notes are instruments whose interest rates change on a specific date (such as coupon date or interest payment date) or whose interest rates vary with changes in a designated base rate (such as the prime interest rate). This instrument is payable on demand and is secured by letters of credit or other credit support agreements from major banks.* 

*(j)* *Position, or a portion thereof, has been segregated to collateralize OTC derivatives outstanding.* 

*(k)* *As of December 31, 2022, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $20,206,721 and gross unrealized depreciation of investments was $(55,759,069), resulting in net unrealized depreciation of $(35,552,348).* 

*As of December 31, 2022, the Portfolio's percentages of investments in municipal bonds that are insured and in insured municipal bonds that have been pre-refunded or escrowed to maturity are 2.7% and 0.0%, respectively.* 

*Glossary:* 

*AGM* – *Assured Guaranty Municipal* 

*BAM* – *Build American Mutual* 

*CDX-CMBX.NA* – *North American Commercial Mortgage-Backed Index* 

*CMBS* – *Commercial Mortgage-Backed Securities* 

*COP* – *Certificate of Participation* 

*CPI* – *Consumer Price Index* 

*DOT* – *Department of Transportation* 

*ETM* – *Escrowed to Maturity* 

*LIBOR* – *London Interbank Offered Rate* 

*MUNIPSA* – *Municipal Swap Index* 

*NATL* – *National Interstate Corporation* 

*SOFR* – *Secured Overnight Financing Rate* 

*SRF* – *State Revolving Fund* 

*XLCA* – *XL Capital Assurance Inc.* 

------

**Sanford C. Bernstein Fund, Inc.** 

**California Municipal Portfolio** 

**December 31, 2022 (unaudited)** 

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Portfolio. Unobservable inputs reflect the Portfolio's own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates,
prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value
of investments)

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which is then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3. In addition, non-agency rated investments are classified as Level 3.

Other fixed income investments, including non-U.S. government and corporate debt, are generally valued using quoted market prices, if available, which are typically impacted by current interest rates, maturity dates and any perceived credit risk of the issuer. Additionally, in the absence of quoted market prices, these inputs are used by pricing vendors to derive a valuation based upon industry or proprietary models which incorporate issuer specific data with relevant yield/spread comparisons with more widely quoted bonds with similar key characteristics. Those investments for which there are observable inputs are classified as Level 2. Where the inputs are not observable, the investments are classified as Level 3.

Valuations of mortgage-backed or other asset backed securities, by pricing vendors, are based on both proprietary and industry recognized models and discounted cash flow techniques. Significant inputs to the valuation of these instruments are value of the collateral, the rates and timing of delinquencies, the rates and timing of prepayments, and default and loss expectations, which are driven in part by housing prices for residential mortgages. Significant inputs are determined based on relative value analyses, which incorporate comparisons to instruments with similar collateral and risk profiles, including relevant indices. Mortgage and asset backed securities for which management has collected current observable data through pricing services are generally categorized within Level 2. Those investments for which current observable data has not been provided are classified as Level 3.

------

The following table summarizes the valuation of the Portfolio's investments by the above fair value hierarchy levels as of December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities:** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Long-Term Municipal Bonds | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $1043637547 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 <sup>(a)</sup> | $1043637547 |
| Short-Term Investments |  | 1300000 |  | 1300000 |
| Commercial Mortgage-Backed Securities |  | 12414372 |  | 12414372 |
| Governments - Treasuries |  | 2173716 |  | 2173716 |
| Corporates - Investment Grade |  | 1948720 |  | 1948720 |
| Collateralized Mortgage Obligations |  | 523048 |  | 523048 |
| Total Investments in Securities |  | 1061997403 | 0 <sup>(a)</sup> | 1061997403 |
| **Other Financial Instruments<sup>(b)</sup>:** |  |  |  |  |
| **Assets:** | **Assets:** | **Assets:** | **Assets:** | **Assets:** |
| Centrally Cleared Inflation (CPI) Swaps |  | 10355567 |  | 10355567 |
| Centrally Cleared Interest Rate Swaps |  | 5290572 |  | 5290572 |
| Interest Rate Swaps |  | 1524183 |  | 1524183 |
| **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** | **Liabilities:** |
| Centrally Cleared Inflation (CPI) Swaps |  | (2069006) |  | (2069006) |
| Centrally Cleared Interest Rate Swaps |  | (9829) |  | (9829) |
| Credit Default Swaps |  | (733090) |  | (733090) |
| **Total** | $**—** | $**1076355800** | $**0** **<sup>(a)</sup>** | $**1076355800** |

---

*<sup>(a)</sup>* *The Portfolio held securities with zero market value at period end.* 

*<sup>(b)</sup>* *Other financial instruments are derivative instruments, such as futures, forwards and swaps, which are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BERNSTEIN SANFORD C FUND INC

- **b. Investment Company Act file number:** 811-05555

- **c. CIK number of Registrant:** 0000832808

- **d. LEI of Registrant:** 549300GA5IHQHIM7CU60

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

  - **Street Address 1:** ALLIANCEBERNSTEIN LP

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10105

  - **Telephone number:** 212-969-1000

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

- **a. Name of Series:** California Municipal Portfolio

- **b. EDGAR series identifier (if any):** S000011051

- **c. LEI of Series:** 5493003Z79GLEUKK6T58

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

- **a. Date of fiscal year-end:** 2023-09-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1133994085.90

**Total Liabilities:** $44189282.15

**Net Assets:** $1089804803.75

**Delayed Delivery Securities:** $42043101.00

**Cash Not Reported:** $41266402.44

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -4295.46000000 | **1-Year:** -6870.79000000 | **5-Year:** -12767.51000000 | **10-Year:** -10673.19000000 | **30-Year:** -3845.77000000

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

- **3-Month:** -4668.77000000 | **1-Year:** -11786.62000000 | **5-Year:** -22558.28000000 | **10-Year:** -26434.19000000 | **30-Year:** -4137.45000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000030483 | -0.33%               | 2.78%                | 0.35%                |
| Class ID C000157745 | -0.25%               | 2.86%                | 0.43%                |
| Class ID C000030481 | -0.19%               | 2.84%                | 0.34%                |
| Class ID C000084881 | -0.25%               | 2.86%                | 0.43%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1410613.82             | $-5139858.89                               |
| Month 2  | $-1047941.40             | $31334190.59                               |
| Month 3  | $-576604.12              | $935801.76                                 |

**Designated Index Information**

- **Index Name:** Bloomberg 1-10 Yr Municipal Bond Blend

- **Index Identifier:** B12MTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Territory of Guam                                                            | GUAM GOVT HOTEL OCCUPANCY TAX REVENUE                                                                                          | CUSIP: 40065KAT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $342001.41    | 0.03%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: SS2C1M1   IRS USD R F  3.32000 IS2C1M1 CCPINFLATIONZERO / Short: SS2C1M1   IRS USD P V 12MUSCPI IS2C1N2 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   8400000 | OU      | $-336736.09   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                        | MET TRANSPRTN AUTH NY REVENUE                                                                                                  | CUSIP: 59261AJ40<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3653813.45   | 0.34%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                            | GUAM GOVT HOTEL OCCUPANCY TAX REVENUE                                                                                          | CUSIP: 40065KAS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $531034.95    | 0.05%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                | ALLENTOWN PA NEIGHBORHOOD IMPTZONE DEV AUTH TAX REV                                                                            | CUSIP: 018444BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $987824.20    | 0.09%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pittsburg Successor Agency Redevelopment Agency                              | PITTSBURG CA SUCCESSOR AGY REDEV AGY                                                                                           | CUSIP: 86459LBP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2785000 | PA      | $2972491.49   | 0.27%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: BS281C9   IRS USD R V 12MUSCPI IS281D0 CCPINFLATIONZERO / Short: BS281C9   IRS USD P F  2.58500 IS281C9 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   2802000 | OU      | $242723.14    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                   | ILLINOIS ST FIN AUTH REVENUE                                                                                                   | CUSIP: 45204E6X1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    200000 | PA      | $204499.76    | 0.02%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lake Elsinore Public Financing Authority                                     | LAKE ELSINORE CA PUBLIC FING AUTH LOCAL AGY REVENUE                                                                            | CUSIP: 509632MR3<br>LEI: 549300C5MCDOVNPOX172 | Long             | DBT              | MUN               | US        |    630000 | PA      | $635636.67    | 0.06%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                       | United States Treasury Note/Bond                                                                                               | CUSIP: 9128286B1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2346000 | PA      | $2173715.63   | 0.20%             | 2029-02-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JAX4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4745000 | PA      | $4762874.42   | 0.44%             | 2052-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412GTU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030333.50   | 0.09%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532CL6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   4800000 | PA      | $5280004.80   | 0.48%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SWM2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    755000 | PA      | $737650.70    | 0.07%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp I                            | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP I GAS SPLY REVENUE                                                                   | CUSIP: 88256CEX3<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |    995000 | PA      | $1047413.12   | 0.10%             | 2026-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                               | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                                                                                        | CUSIP: 118217CS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1221556.09   | 0.11%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532EB6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3300132.60   | 0.30%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Water Supply & Conservation Agency                                  | BAY AREA CA WTR SPLY & CONSV AGY                                                                                               | CUSIP: 072031CA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $3009487.00   | 0.28%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445EM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1246346.86   | 0.11%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oakland Unified School District/Alameda County                               | OAKLAND CA UNIF SCH DIST ALAMEDA CNTY                                                                                          | CUSIP: 672325ZW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1526692.69   | 0.14%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                         | GUAM PWR AUTH REVENUE                                                                                                          | CUSIP: 400653JT9<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3199103.40   | 0.29%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                       | LOS ANGELES CA UNIF SCH DIST                                                                                                   | CUSIP: 544647BX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4340965.50   | 0.40%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3E5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    349990 | PA      | $349989.51    | 0.03%             | 2023-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445FM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2955000 | PA      | $3065100.64   | 0.28%             | 2025-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048VBG2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2293936.26   | 0.21%             | 2026-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                              | TRANSBAY JT POWERS AUTH CA                                                                                                     | CUSIP: 89356CAM8<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    600000 | PA      | $635016.36    | 0.06%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445SK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2020000 | PA      | $2193811.71   | 0.20%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412HGW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $8030929.20   | 0.74%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445MB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4205000 | PA      | $3865332.29   | 0.35%             | 2044-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UQY7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2535000 | PA      | $2686720.00   | 0.25%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hospitals & Higher Education Facilities Authority of Philadelphia/The        | PHILADELPHIA PA HOSPS & HGR EDU FACS AUTH                                                                                      | CUSIP: 717903K72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1850097.38   | 0.17%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                          | LOS ANGELES CA HARBOR DEPT                                                                                                     | CUSIP: 544552VY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1607655.17   | 0.15%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE                                                                   | CUSIP: 13016NEP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $423309.84    | 0.04%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UWT1<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $3155018.75   | 0.29%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048VBC1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $255831.75    | 0.02%             | 2024-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                  | OSCEOLA CNTY FL TRANSPRTN REVENUE                                                                                              | CUSIP: 688031EN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $146904.30    | 0.01%             | 2033-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA                                                       | LOS ANGELES CA                                                                                                                 | CUSIP: 544351QM4<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |  36010000 | PA      | $36195116.61  | 3.32%             | 2023-06-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048VBJ6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3153562.20   | 0.29%             | 2027-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                  | CALIFORNIA ST ENTERPRISE DEV AUTH CHRT SCH REVENUE                                                                             | CUSIP: 13069AAS7<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1813939.00   | 0.17%             | 2031-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | LOS ANGELES CA DEPT WTR & PWR REVENUE                                                                                          | CUSIP: 544495ZD9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500000.00   | 0.23%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                           | CUSIP: 13034ALD0<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2513646.89   | 0.23%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | CALIFORNIA ST UNIV REVENUE                                                                                                     | CUSIP: 13077DGD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $693217.98    | 0.06%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Ashland KY                                                           | ASHLAND KY MED CENTER REVENUE                                                                                                  | CUSIP: 044293BN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $239351.18    | 0.02%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048VBM9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1100234.73   | 0.10%             | 2029-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                       | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE                                                                             | CUSIP: 70342PAK0<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4995585.50   | 0.46%             | 2048-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                            | TOBACCO SETTLEMENT FING CORP NJ                                                                                                | CUSIP: 888808HD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051254.60   | 0.10%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                            | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064RFC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $137604.43    | 0.01%             | 2034-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets, Inc.                                               | Long: IS1NBC5   CDS USD R F  3.00000 IS1NBC5 CMBX / Short: IS1NBC5   CDS USD P V 01MEVENT IS1NBD6 CMBX                         | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DCR              |  | US        |     76665 | OU      | $-18753.43    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412HCB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8320000 | PA      | $8579535.74   | 0.79%             | 2025-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: SS2C596   IRS USD R F  3.46600 IS2C596 CCPINFLATIONZERO / Short: SS2C596   IRS USD P V 12MUSCPI IS2C5A7 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   8200000 | OU      | $-255993.09   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                          | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 13013FAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1966122.75   | 0.18%             | 2046-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | LOS ANGELES CA DEPT WTR & PWR REVENUE                                                                                          | CUSIP: 544495C85<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1640219.84   | 0.15%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets, Inc.                                               | Long: IS1PAG8   CDS USD R F  3.00000 IS1PAG8 CMBX / Short: IS1PAG8   CDS USD P V 01MEVENT IS1PAH9 CMBX                         | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DCR              |  | US        |    886395 | OU      | $-216826.91   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                       | LOS ANGELES CA UNIF SCH DIST                                                                                                   | CUSIP: 5446466L1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9020000 | PA      | $10054158.33  | 0.92%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048T6A6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050201.90   | 0.10%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                          | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 13013FBC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $2969877.60   | 0.27%             | 2050-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412HGX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11369541.00  | 1.04%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                             | Fannie Mae Connecticut Avenue Securities                                                                                       | CUSIP: 30711XAP9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     53749 | PA      | $55148.17     | 0.01%             | 2024-11-25      | Floating      | 9.29%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                           | CUSIP: 13034AME7<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  12760000 | PA      | $12860312.74  | 1.18%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                     | CAPITAL TRUST AGY FL EDUCTNL FACS LEASE REVENUE                                                                                | CUSIP: 14054DAD9<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101255.77    | 0.01%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: BS2JZ31   IRS USD R V 00MSOFR IS2JZ42 CCPOIS / Short: BS2JZ31   IRS USD P F  3.11950 IS2JZ31 CCPOIS                      | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  28000000 | OU      | $1004798.49   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UQZ4<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2483548.28   | 0.23%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                       | LOS ANGELES CA UNIF SCH DIST                                                                                                   | CUSIP: 544646XZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2089163.20   | 0.19%             | 2034-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JBL9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   8650000 | PA      | $9014160.68   | 0.83%             | 2053-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2515000 | PA      | $2562451.01   | 0.24%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | CALIFORNIA ST UNIV REVENUE                                                                                                     | CUSIP: 13077DQN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $5232763.90   | 0.48%             | 2034-11-01      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                     | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                 | CUSIP: 650116AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $210626.79    | 0.02%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412HNJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3363315.60   | 0.31%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                                                                                        | CUSIP: 13059TGY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $729641.28    | 0.07%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: SS2BYW9   IRS USD R F  2.90900 IS2BYW9 CCPINFLATIONZERO / Short: SS2BYW9   IRS USD P V 12MUSCPI IS2BYX0 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   4180000 | OU      | $-173251.34   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| City of Fort Wayne IN                                                        | FORT WAYNE IN ECON DEV SOLID WST FAC REVENUE                                                                                   | CUSIP: 34924CAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $766729.08    | 0.07%             | 2044-12-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse International                                                  | Long: IS1N8C4   CDS USD R F  3.00000 IS1N8C4 CMBX / Short: IS1N8C4   CDS USD P V 01MEVENT IS1N8D5 CMBX                         | CUSIP: 000000000<br>LEI: E58DKGMJYYYJLN8C3868 | N/A              | DCR              |  | GB        |    786921 | OU      | $-192493.94   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048VBR8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1930000 | PA      | $2013748.49   | 0.18%             | 2031-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                     | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                    | CUSIP: 38122NZX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1936542.75   | 0.18%             | 2038-06-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                          | LOS ANGELES CA HARBOR DEPT                                                                                                     | CUSIP: 544552VX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027353.00   | 0.09%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Ashland KY                                                           | ASHLAND KY MED CENTER REVENUE                                                                                                  | CUSIP: 044293BT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $212304.66    | 0.02%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: BS283G7   IRS USD R V 12MUSCPI IS283H8 CCPINFLATIONZERO / Short: BS283G7   IRS USD P F  2.61250 IS283G7 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   2803000 | OU      | $239765.85    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE                                                                   | CUSIP: 13016NEV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $481090.55    | 0.04%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                      | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                                                                                      | CUSIP: 072024WZ1<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5001883.50   | 0.46%             | 2056-04-01      | Floating      | 3.94%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                      | Freddie Mac Multifamily ML Certificates                                                                                        | CUSIP: 3137H9JM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $858857.30    | 0.08%             | 2036-07-25      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                        | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292BK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $2784454.80   | 0.26%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                  | CALIFORNIA ST ENTERPRISE DEV AUTH CHRT SCH REVENUE                                                                             | CUSIP: 13069AAR9<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1073657.59   | 0.10%             | 2027-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Guam Department of Education                                                 | GUAM GOVT DEPT OF EDU COPS                                                                                                     | CUSIP: 40065AAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1064804.43   | 0.10%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                      | MUNI ELEC AUTH OF GEORGIA                                                                                                      | CUSIP: 626207Y73<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1656690.48   | 0.15%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Water Supply & Conservation Agency                                  | BAY AREA CA WTR SPLY & CONSV AGY                                                                                               | CUSIP: 072031BZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2994736.75   | 0.27%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    220000 | PA      | $227473.00    | 0.02%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                      | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                                                                                      | CUSIP: 072024XT4<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4859731.50   | 0.45%             | 2056-04-01      | Floating      | 3.96%                 | No            |                  2 | On Loan: No      |
| Bay Area Water Supply & Conservation Agency                                  | BAY AREA CA WTR SPLY & CONSV AGY                                                                                               | CUSIP: 072031BX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $2106779.40   | 0.19%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: BS2AU39   IRS USD R V 12MUSCPI IS2AU40 CCPINFLATIONZERO / Short: BS2AU39   IRS USD P F  2.68000 IS2AU39 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   4500000 | OU      | $320912.46    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445YE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1032804.41   | 0.09%             | 2041-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                       | LOS ANGELES CA UNIF SCH DIST                                                                                                   | CUSIP: 5446465L2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1519410.82   | 0.14%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                            | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                               | CUSIP: 13033DAJ4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1967303 | PA      | $1700732.01   | 0.16%             | 2036-08-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                     | PUBLIC FIN AUTH WI REVENUE                                                                                                     | CUSIP: 74442PMQ5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    805000 | PA      | $808646.65    | 0.07%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412GW43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1105169.20   | 0.10%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                    | CUSIP: 13058TCP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999953.90    | 0.09%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Riverside CA Sewer Revenue                                           | RIVERSIDE CA SWR REVENUE                                                                                                       | CUSIP: 769047HN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2121341.80   | 0.19%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE                                                                   | CUSIP: 13016NEL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $737195.27    | 0.07%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | LOS ANGELES CA DEPT WTR & PWR REVENUE                                                                                          | CUSIP: 544495J70<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    820000 | PA      | $850493.09    | 0.08%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032URC4<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1400295.55   | 0.13%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse International                                                  | Long: IS1NCU0   CDS USD R F  3.00000 IS1NCU0 CMBX / Short: IS1NCU0   CDS USD P V 01MEVENT IS1NCV1 CMBX                         | CUSIP: 000000000<br>LEI: E58DKGMJYYYJLN8C3868 | N/A              | DCR              |  | GB        |     41817 | OU      | $-10229.15    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UWV6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    750000 | PA      | $810412.65    | 0.07%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                      | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999062.00    | 0.09%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                       | CUSIP: 79766DUQ0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1381245.45   | 0.13%             | 2030-05-01      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                                                | Long: IS1WUB4   IRS USD R V 01MMUNIP IS1WUC5 VANILLA / Short: IS1WUB4   IRS USD P F  1.12500 IS1WUB4 VANILLA                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DIR              |  | US        |  12395000 | OU      | $1524183.39   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                             | Fannie Mae Connecticut Avenue Securities                                                                                       | CUSIP: 30711XBM5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    101128 | PA      | $105583.90    | 0.01%             | 2028-08-25      | Floating      | 11.14%                | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA ST STWD CMNTYS DEVAUTH STUDENT HSG REVENUE                                                                          | CUSIP: 13078RGV6<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1257954.12   | 0.12%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                           | SAN JOSE CA ARPT REVENUE                                                                                                       | CUSIP: 798136UG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3662219.16   | 0.34%             | 2025-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Ashland KY                                                           | ASHLAND KY MED CENTER REVENUE                                                                                                  | CUSIP: 044293BP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $273709.51    | 0.03%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Redevelopment Agency Successor Agency            | SAN FRANCISCO CITY & CNTY CA REDEV AGY SUCCESSOR AGY CMNTY                                                                     | CUSIP: 79772AAM9<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501570.95   | 0.14%             | 2024-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                              | TRANSBAY JT POWERS AUTH CA                                                                                                     | CUSIP: 89356CAH9<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    500000 | PA      | $545280.95    | 0.05%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                            | ILLINOIS ST                                                                                                                    | CUSIP: 452152P70<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   9530000 | PA      | $9628874.70   | 0.88%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento County Water Financing Authority                                  | SACRAMENTO CNTY CA WTR FING AUTH REVENUE                                                                                       | CUSIP: 78615RCV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5700000 | PA      | $4970211.90   | 0.46%             | 2039-06-01      | Floating      | 3.76%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                       | CUSIP: 79766DRU5<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   3385000 | PA      | $3552442.75   | 0.33%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                           | CUSIP: 13034AYU8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  13965000 | PA      | $15678740.11  | 1.44%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Contra Costa Transportation Authority Sales Tax Revenue                      | CONTRA COSTA CA TRANSPRTN AUTH SALES TAX REVENUE                                                                               | CUSIP: 21221MFF2<br>LEI: 549300SFTNA7H8BCAM10 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1372405.88   | 0.13%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International                                                  | Long: IS1N5S9   CDS USD R F  3.00000 IS1N5S9 CMBX / Short: IS1N5S9   CDS USD P V 01MEVENT IS1N5T0 CMBX                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              |  | GB        |    681745 | OU      | $-166766.09   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                                                                                  | CUSIP: 13063CEV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8890000 | PA      | $9017240.79   | 0.83%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | LOS ANGELES CA DEPT WTR & PWR REVENUE                                                                                          | CUSIP: 544495F25<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   9945000 | PA      | $10314821.73  | 0.95%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                         | GUAM PWR AUTH REVENUE                                                                                                          | CUSIP: 400653JN2<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2018371.00   | 0.19%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                      | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1298146.12   | 0.12%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                                                                                  | CUSIP: 13063DLH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1935000 | PA      | $2198598.08   | 0.20%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                          | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                     | CUSIP: 13068LW43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1392236.74   | 0.13%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UQW1<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4320358.75   | 0.40%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                            | GUAM GOVT LTD OBLG REVENUE                                                                                                     | CUSIP: 40065HDN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $756709.39    | 0.07%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                     | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                 | CUSIP: 650116CQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $918517.00    | 0.08%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Middle Fork Project Finance Authority                                        | MIDDLE FORK PROJ FIN AUTH CA                                                                                                   | CUSIP: 59572CAR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1233914.81   | 0.11%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                                                                                  | CUSIP: 13063DT99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7780000 | PA      | $8936766.97   | 0.82%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                               | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                        | CUSIP: 6461363L3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1360039.13   | 0.12%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                       | LOS ANGELES CA UNIF SCH DIST                                                                                                   | CUSIP: 544646T28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10365000 | PA      | $10704163.53  | 0.98%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sweetwater Union High School District                                        | SWEETWATER CA UNION HIGH SCH DIST                                                                                              | CUSIP: 870462RL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5760000 | PA      | $5938309.44   | 0.54%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency VII                                              | CMFA SPL FIN AGY VII CA ESSENTIAL HSG REVENUE                                                                                  | CUSIP: 12574UAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3990000 | PA      | $2975093.63   | 0.27%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                                                                                  | CUSIP: 13063DQ76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4630000 | PA      | $4930588.86   | 0.45%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                            | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                               | CUSIP: 13033DAH8<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   3939461 | PA      | $213360.81    | 0.02%             | 2035-03-25      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412G2B0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4392786.40   | 0.40%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR                                                          | Freddie Mac Structured Agency Credit Risk Debt Notes                                                                           | CUSIP: 3137G0AD1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     87412 | PA      | $88450.73     | 0.01%             | 2023-11-25      | Floating      | 8.64%                 | No            |                  2 | On Loan: No      |
| Fremont Community Facilities District No 1                                   | FREMONT CA CMNTY FACS DIST #1                                                                                                  | CUSIP: 357129BY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041578.30   | 0.10%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Oakland                                                              | PORT OF OAKLAND CA                                                                                                             | CUSIP: 735000TC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4800000 | PA      | $4959344.16   | 0.46%             | 2025-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                      | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1087721.06   | 0.10%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412HLU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2373357.60   | 0.22%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                       | CUSIP: 79766DRS0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3662761.16   | 0.34%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water District of Southern California                           | MET WTR DIST OF STHRN CA WTRWKS REVENUE                                                                                        | CUSIP: 59266TNJ6<br>LEI: 5493003GD0S0P56RLT45 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2880769.52   | 0.26%             | 2037-07-01      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| Newport Mesa Unified School District                                         | NEWPORT MESA CA UNIF SCH DIST                                                                                                  | CUSIP: 652113YM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1656538.72   | 0.15%             | 2024-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                       | CUSIP: 79766DSL4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5826333.15   | 0.53%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                     | PUBLIC FIN AUTH WI REVENUE                                                                                                     | CUSIP: 74442PMN2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    730000 | PA      | $734586.52    | 0.07%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445JL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4315000 | PA      | $4488933.34   | 0.41%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                     | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                    | CUSIP: 38122ND82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4420676.50   | 0.41%             | 2050-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                            | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                               | CUSIP: 13033DAE5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   9744028 | PA      | $8813249.80   | 0.81%             | 2035-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445CP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2575000 | PA      | $2718329.14   | 0.25%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Middle Fork Project Finance Authority                                        | MIDDLE FORK PROJ FIN AUTH CA                                                                                                   | CUSIP: 59572CAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1189330.67   | 0.11%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                             | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE                                                                    | CUSIP: 13054WAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3195000 | PA      | $3203734.81   | 0.29%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Redevelopment Agency Successor Agency            | SAN FRANCISCO CITY & CNTY CA REDEV AGY SUCCESSOR AGY TAX                                                                       | CUSIP: 79770GCM6<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1149393.25   | 0.11%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                  | OSCEOLA CNTY FL TRANSPRTN REVENUE                                                                                              | CUSIP: 688031EL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $121156.74    | 0.01%             | 2031-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                             | Fannie Mae Connecticut Avenue Securities                                                                                       | CUSIP: 30711XBB9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     32586 | PA      | $33072.28     | 0.00%             | 2025-07-25      | Floating      | 9.39%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                        | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3624735.00   | 0.33%             | 2046-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Anaheim Housing & Public Improvements Authority                              | ANAHEIM CA HSG & PUBLIC IMPT AUTH REVENUE                                                                                      | CUSIP: 032556GY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3850000 | PA      | $3168570.79   | 0.29%             | 2032-10-01      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                               | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                        | CUSIP: 6461362B6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1489404.29   | 0.14%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445QX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4365432.80   | 0.40%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                                                                                  | CUSIP: 13063CYD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3330000 | PA      | $3454477.07   | 0.32%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                        | MET TRANSPRTN AUTH NY REVENUE                                                                                                  | CUSIP: 59261APW1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2960000 | PA      | $3093147.90   | 0.28%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                               | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                        | CUSIP: 6461365B3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3494098.52   | 0.32%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                            | TOBACCO SETTLEMENT FING CORP NJ                                                                                                | CUSIP: 888808HB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033961.80   | 0.09%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                            | California Housing Finance Agency                                                                                              | CUSIP: 13033DAK1<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   3348804 | PA      | $183838.63    | 0.02%             | 2036-08-20      | Variable      | 0.77%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                   | ILLINOIS ST FIN AUTH REVENUE                                                                                                   | CUSIP: 45204E6T0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103709.87    | 0.01%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412GST3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9785000 | PA      | $9858144.83   | 0.90%             | 2048-05-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445UY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2165000 | PA      | $2051543.82   | 0.19%             | 2040-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                       | CUSIP: 79766DLU1<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  11015000 | PA      | $11694293.95  | 1.07%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                            | GUAM GOVT LTD OBLG REVENUE                                                                                                     | CUSIP: 40065HDJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039648.20   | 0.10%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                      | MUNI ELEC AUTH OF GEORGIA                                                                                                      | CUSIP: 626207Y32<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    460000 | PA      | $493754.94    | 0.05%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                           | CUSIP: 13034ARX0<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5207691.50   | 0.48%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Department of Education                                                 | GUAM GOVT DEPT OF EDU COPS                                                                                                     | CUSIP: 40065AAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1457084.70   | 0.13%             | 2030-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Natomas Unified School District                                              | NATOMAS CA UNIF SCH DIST                                                                                                       | CUSIP: 63877NHB6<br>LEI: 5493003NJ3RTOZO25E38 | Long             | DBT              | MUN               | US        |   1930000 | PA      | $1951903.38   | 0.18%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SEV2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4593218.85   | 0.42%             | 2034-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                            | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                                                                                       | CUSIP: 40065NCC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2735000 | PA      | $2804172.80   | 0.26%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | CALIFORNIA ST UNIV REVENUE                                                                                                     | CUSIP: 13077DGE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $461229.00    | 0.04%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SYJ7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    535000 | PA      | $575929.43    | 0.05%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: BS2G963   IRS USD R V 00MSOFR IS2G974 CCPOIS / Short: BS2G963   IRS USD P F  2.52450 IS2G963 CCPOIS                      | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  34000000 | OU      | $2797152.89   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                  | OSCEOLA CNTY FL TRANSPRTN REVENUE                                                                                              | CUSIP: 688031EK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $103473.47    | 0.01%             | 2030-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532ET7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $3144978.48   | 0.29%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                             | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE                                                                    | CUSIP: 13054WAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1348357.61   | 0.12%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Bolingbrook IL Sales Tax Revenue                                  | BOLINGBROOK IL SALES TAX REVENUE                                                                                               | CUSIP: 09755LAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4450000 | PA      | $4120759.63   | 0.38%             | 2026-01-01      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                        | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292AG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3625753.00   | 0.33%             | 2046-09-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                            | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                               | CUSIP: 13033DAC9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |  10995294 | PA      | $10615412.41  | 0.97%             | 2033-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412HNT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2298444.40   | 0.21%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | LOS ANGELES CA DEPT WTR & PWR REVENUE                                                                                          | CUSIP: 5444956X7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |  14750000 | PA      | $14915028.90  | 1.37%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                        | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292AY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $945923.85    | 0.09%             | 2056-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: BS21YN0   IRS USD R V 12MUSCPI IS21YO1 CCPINFLATIONZERO / Short: BS21YN0   IRS USD P F  1.23000 IS21YN0 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  21750000 | OU      | $3761836.06   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA ST STWD CMNTYS DEV AUTH CLG HSG REVENUE                                                                             | CUSIP: 13081CAB4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    685000 | PA      | $662882.72    | 0.06%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                             | Fannie Mae Connecticut Avenue Securities                                                                                       | CUSIP: 30711XAX2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     33211 | PA      | $33376.40     | 0.00%             | 2025-05-25      | Floating      | 8.39%                 | No            |                  2 | On Loan: No      |
| City of Roseville CA                                                         | ROSEVILLE CA SPL TAX                                                                                                           | CUSIP: 777870XQ4<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1078819.08   | 0.10%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SVG6<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $257748.70    | 0.02%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                           | CUSIP: 13034AQ45<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   8700000 | PA      | $8579265.75   | 0.79%             | 2047-08-01      | Floating      | 4.01%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3Q8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    799500 | PA      | $740994.11    | 0.07%             | 2024-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                   | STHRN CA PUBLIC PWR AUTH REVENUE                                                                                               | CUSIP: 84247PHF1<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1062329.23   | 0.10%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445P94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $310196.70    | 0.03%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Water Supply & Conservation Agency                                  | BAY AREA CA WTR SPLY & CONSV AGY                                                                                               | CUSIP: 072031BD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4710000 | PA      | $4731986.28   | 0.43%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO                                                   | DENVER CITY & CNTY CO SPL FACS ARPT REVENUE                                                                                    | CUSIP: 249271GV3<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2949857.10   | 0.27%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: SS2D890   IRS USD R F  3.32300 IS2D890 CCPINFLATIONZERO / Short: SS2D890   IRS USD P V 12MUSCPI IS2D8A1 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   6420000 | OU      | $-256196.65   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                        | SAINT JAMES PARISH LA REVENUE                                                                                                  | CUSIP: 790103AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $286641.10    | 0.03%             | 2038-06-01      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SVJ0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015279.30   | 0.09%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverside County Public Financing Authority                                  | RIVERSIDE CNTY CA PUBLIC FING AUTH LEASE REVENUE                                                                               | CUSIP: 76912KBW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3395000 | PA      | $3622874.78   | 0.33%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Riverside CA Sewer Revenue                                           | RIVERSIDE CA SWR REVENUE                                                                                                       | CUSIP: 769047JM4<br>LEI: 549300FG48YQF1N4C302 | Long             | DBT              | MUN               | US        |   2785000 | PA      | $3126309.83   | 0.29%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District/The                                    | S E ALABAMA ST GAS SPLY DIST GAS SPLY REVENUE                                                                                  | CUSIP: 84131TAQ5<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |  24615000 | PA      | $24528734.27  | 2.25%             | 2049-06-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Stockton Unified School District                                             | STOCKTON CA UNIF SCH DIST                                                                                                      | CUSIP: 861419WJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7770000 | PA      | $8333125.31   | 0.76%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                   | ILLINOIS ST FIN AUTH REVENUE                                                                                                   | CUSIP: 45204E6W3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102702.17    | 0.01%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445SQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1802573.57   | 0.17%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fontana Redevelopment Agency Successor Agency                                | FONTANA CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION                                                                              | CUSIP: 34461CAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1920671.55   | 0.18%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412GW76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2711330.90   | 0.25%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of San Francisco CA                                            | SAN FRANCISCO CITY & CNTY CA                                                                                                   | CUSIP: 7976463M6<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1504896.13   | 0.14%             | 2023-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                     | PUBLIC FIN AUTH WI EXEMPT FACS REVENUE                                                                                         | CUSIP: 74443QAB8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5335000 | PA      | $5340076.79   | 0.49%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                            | ILLINOIS ST                                                                                                                    | CUSIP: 452152L74<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1222758.60   | 0.11%             | 2024-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA ST STWD CMNTYS DEV AUTH CLG HSG REVENUE                                                                             | CUSIP: 13081CAA6<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    180000 | PA      | $179616.11    | 0.02%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Middle Fork Project Finance Authority                                        | MIDDLE FORK PROJ FIN AUTH CA                                                                                                   | CUSIP: 59572CAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1786113.62   | 0.16%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                       | LOS ANGELES CA UNIF SCH DIST                                                                                                   | CUSIP: 5446463N0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18645000 | PA      | $19778433.28  | 1.81%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency VIII                                             | CMFA SPL FIN AGY VIII CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 12574VAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $766841.70    | 0.07%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412HNN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5977539.50   | 0.55%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                            | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                               | CUSIP: 13033DAG0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   7878922 | PA      | $7722316.57   | 0.71%             | 2035-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| City of Hayward CA                                                           | HAYWARD CA COPS                                                                                                                | CUSIP: 421209KN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3052659.30   | 0.28%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                              | TRANSBAY JT POWERS AUTH CA                                                                                                     | CUSIP: 89356CAL0<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    600000 | PA      | $642093.36    | 0.06%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048VBN7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1204789.11   | 0.11%             | 2029-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                  | OSCEOLA CNTY FL TRANSPRTN REVENUE                                                                                              | CUSIP: 688031EP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $149082.69    | 0.01%             | 2034-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: SS2CQM6   IRS USD R F  3.29000 IS2CQM6 CCPINFLATIONZERO / Short: SS2CQM6   IRS USD P V 12MUSCPI IS2CQN7 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  21800000 | OU      | $-580375.51   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| City of Riverside CA Sewer Revenue                                           | RIVERSIDE CA SWR REVENUE                                                                                                       | CUSIP: 769047HR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3320000 | PA      | $3517404.21   | 0.32%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                        | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292BS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $782275.60    | 0.07%             | 2043-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                      | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                                                                                      | CUSIP: 072024XU1<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   9215000 | PA      | $8936607.48   | 0.82%             | 2056-04-01      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048VBH0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2354847.53   | 0.22%             | 2027-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of San Francisco CA                                            | SAN FRANCISCO CITY & CNTY CA                                                                                                   | CUSIP: 7976464H6<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |   3095000 | PA      | $3125941.95   | 0.29%             | 2023-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Joint Powers Financing Authority                                   | SAN MATEO CNTY CA JT PWRS FING AUTH LEASE REVENUE                                                                              | CUSIP: 79904NGU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4043510.80   | 0.37%             | 2023-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                      | Freddie Mac Multifamily ML Certificates                                                                                        | CUSIP: 3137H9JP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2700000 | PA      | $157748.58    | 0.01%             | 2036-07-25      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                        | MET TRANSPRTN AUTH NY REVENUE                                                                                                  | CUSIP: 59261AJ32<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3937498.13   | 0.36%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                      | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1620294.30   | 0.15%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sparks NV                                                            | SPARKS NV TOURISM IMPT DIST #1 REVENUE                                                                                         | CUSIP: 846562AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $193964.30    | 0.02%             | 2024-06-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                     | PUBLIC FIN AUTH WI REVENUE                                                                                                     | CUSIP: 74442PMS1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    320000 | PA      | $319794.11    | 0.03%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                        | SAINT JAMES PARISH LA REVENUE                                                                                                  | CUSIP: 790103AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $376879.96    | 0.03%             | 2040-12-01      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                           | DETROIT MI                                                                                                                     | CUSIP: 2510933K4<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1796773.63   | 0.16%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                          | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 13013FAM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3722995.50   | 0.34%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sweetwater Union High School District                                        | SWEETWATER CA UNION HIGH SCH DIST                                                                                              | CUSIP: 870462RM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2220000 | PA      | $2284918.13   | 0.21%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                   | CHICAGO IL BRD OF EDU                                                                                                          | CUSIP: 167505TF3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6110075.40   | 0.56%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: BS20V36   IRS USD R V 12MUSCPI IS20V47 CCPINFLATIONZERO / Short: BS20V36   IRS USD P F   .73500 IS20V36 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  15980000 | OU      | $3325947.92   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Oakland Unified School District/Alameda County                               | OAKLAND CA UNIF SCH DIST ALAMEDA CNTY                                                                                          | CUSIP: 672325XG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1592604.09   | 0.15%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Earthquake Authority                                              | CALIFORNIA ST EARTHQUAKE AUTH                                                                                                  | CUSIP: 13017HAP1<br>LEI: 254900P2MGLOUH3QS859 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2016543.20   | 0.19%             | 2027-07-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Bay Area Water Supply & Conservation Agency                                  | BAY AREA CA WTR SPLY & CONSV AGY                                                                                               | CUSIP: 072031CB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2387570.20   | 0.22%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                       | CUSIP: 79766DLV9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1055075.20   | 0.10%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                            | ILLINOIS ST                                                                                                                    | CUSIP: 452152P88<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3935000 | PA      | $4009629.24   | 0.37%             | 2024-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Desert Redevelopment Agency Successor Agency                            | PALM DESERT CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION                                                                          | CUSIP: 696624AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036853.00   | 0.10%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sparks NV                                                            | SPARKS NV TOURISM IMPT DIST #1 REVENUE                                                                                         | CUSIP: 846562AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $468572.32    | 0.04%             | 2028-06-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412GW50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3314846.10   | 0.30%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | CALIFORNIA ST UNIV REVENUE                                                                                                     | CUSIP: 13077DAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5620000 | PA      | $6162965.62   | 0.57%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                             | Fannie Mae Connecticut Avenue Securities                                                                                       | CUSIP: 30711XAM6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     65012 | PA      | $65011.91     | 0.01%             | 2024-07-25      | Floating      | 7.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                             | Fannie Mae Connecticut Avenue Securities                                                                                       | CUSIP: 30711XCL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     87593 | PA      | $90575.29     | 0.01%             | 2028-10-25      | Floating      | 9.69%                 | No            |                  2 | On Loan: No      |
| City of Roseville CA                                                         | ROSEVILLE CA SPL TAX                                                                                                           | CUSIP: 777870XS0<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1368781.98   | 0.13%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southwestern Community College District                                      | S WSTRN CA CMNTY CLG DIST                                                                                                      | CUSIP: 845389FG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3289305.50   | 0.30%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE                                                                   | CUSIP: 13016NEK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $838932.24    | 0.08%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                     | PUBLIC FIN AUTH WI REVENUE                                                                                                     | CUSIP: 74442PMP7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    770000 | PA      | $774374.76    | 0.07%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                        | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292AQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2485000 | PA      | $1848755.51   | 0.17%             | 2046-12-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    725000 | PA      | $741829.28    | 0.07%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                              | TRANSBAY JT POWERS AUTH CA                                                                                                     | CUSIP: 89356CAP1<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    700000 | PA      | $732769.38    | 0.07%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445WP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6160000 | PA      | $5783704.70   | 0.53%             | 2041-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                  | WASHINGTON ST HLTH CARE FACS AUTH                                                                                              | CUSIP: 93978HVJ1<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    825000 | PA      | $878521.38    | 0.08%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                     | MET PIER & EXPOSITION AUTH IL REVENUE                                                                                          | CUSIP: 592250CN2<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3343694.90   | 0.31%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048VBA5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    800000 | PA      | $808172.64    | 0.07%             | 2023-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE                                                                   | CUSIP: 13016NEN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $531437.35    | 0.05%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                      | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $996306.75    | 0.09%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                       | CUSIP: 79766DRT8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   3275000 | PA      | $3455371.28   | 0.32%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Roseville CA                                                         | ROSEVILLE CA SPL TAX                                                                                                           | CUSIP: 777870WD4<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |    995000 | PA      | $1038980.79   | 0.10%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE                                                                   | CUSIP: 13016NEW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $934254.40    | 0.09%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Howard Bend Levee District                                                   | HOWARD BEND MO LEVEE DIST                                                                                                      | CUSIP: 442499CC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $177452.42    | 0.02%             | 2025-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                          | CALIFORNIA PUBLIC FIN AUTH REVENUE                                                                                             | CUSIP: 13057EDH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1590876.90   | 0.15%             | 2054-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| River Islands Public Financing Authority                                     | RIVER ISLANDS CA PUBLIC FING AUTH SPL TAX                                                                                      | CUSIP: 76827QHC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2905000 | PA      | $2816424.81   | 0.26%             | 2037-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Fort Wayne IN                                                        | FORT WAYNE IN ECON DEV SOLID WST FAC REVENUE                                                                                   | CUSIP: 34924CAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $103423.69    | 0.01%             | 2029-12-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445NJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3020000 | PA      | $3248486.25   | 0.30%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                            | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064REE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $552233.31    | 0.05%             | 2027-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                          | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                     | CUSIP: 13068LNP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4445000 | PA      | $4624226.85   | 0.42%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UBC1<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6373335.60   | 0.58%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UWU8<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2170279.20   | 0.20%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Peralta Community College District                                           | PERALTA CA CMNTY CLG DIST                                                                                                      | CUSIP: 713575UT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1879182.76   | 0.17%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                       | CUSIP: 79766DTB5<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   3815000 | PA      | $4002722.80   | 0.37%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                   | STHRN CALIFORNIA ST PUBLIC PWR AUTH                                                                                            | CUSIP: 842475M85<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1300000.00   | 0.12%             | 2036-07-01      | Floating      | 2.70%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                       | CUSIP: 79766DTQ2<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2072181.93   | 0.19%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                                                                                  | CUSIP: 13063CKU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5295000 | PA      | $5466030.62   | 0.50%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                              | TRANSBAY JT POWERS AUTH CA                                                                                                     | CUSIP: 89356CAQ9<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043159.40   | 0.10%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UBD9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7424153.80   | 0.68%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE                                                                   | CUSIP: 13016NEQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $316696.98    | 0.03%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: SS2DII9   IRS USD R F  3.06350 IS2DII9 CCPINFLATIONZERO / Short: SS2DII9   IRS USD P V 12MUSCPI IS2DIJ0 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   4300000 | OU      | $-122947.62   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                        | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292BP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1176013.50   | 0.11%             | 2047-05-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                            | GUAM GOVT                                                                                                                      | CUSIP: 40065BCQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $521015.32    | 0.05%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: SS2CQK4   IRS USD R F  3.72000 IS2CQK4 CCPINFLATIONZERO / Short: SS2CQK4   IRS USD P V 12MUSCPI IS2CQL5 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  12110000 | OU      | $-343505.60   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                | ALLENTOWN PA NEIGHBORHOOD IMPTZONE DEV AUTH TAX REV                                                                            | CUSIP: 018444BA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1253836.25   | 0.12%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                               | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                        | CUSIP: 6461363J8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2710000 | PA      | $2857629.42   | 0.26%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                              | TRANSBAY JT POWERS AUTH CA                                                                                                     | CUSIP: 89356CAJ5<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    450000 | PA      | $488401.25    | 0.04%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: BS23W54   IRS USD R V 12MUSCPI IS23W65 CCPINFLATIONZERO / Short: BS23W54   IRS USD P F  1.58700 IS23W54 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   4115000 | OU      | $667437.94    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Southwestern Community College District                                      | S WSTRN CA CMNTY CLG DIST                                                                                                      | CUSIP: 845389FH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3672662.09   | 0.34%             | 2024-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412HNP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3180000 | PA      | $3840267.85   | 0.35%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saugus/Hart School Facilities Financing Authority                            | SAUGUS/HART CA SCH FACS FING AUTH SPL TAX                                                                                      | CUSIP: 804208CF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039843.50   | 0.10%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp                                            | MISSION TX ECON DEV CORP REVENUE                                                                                               | CUSIP: 605156AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3205000 | PA      | $3083153.59   | 0.28%             | 2031-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445XZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1264989.31   | 0.12%             | 2036-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                      | Freddie Mac Multifamily ML Certificates                                                                                        | CUSIP: 35833JAK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4923512 | PA      | $3675449.81   | 0.34%             | 2038-01-25      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: BS2DIG7   IRS USD R V 12MUSCPI IS2DIH8 CCPINFLATIONZERO / Short: BS2DIG7   IRS USD P F  4.02750 IS2DIG7 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   3100000 | OU      | $88264.75     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                       | LOS ANGELES CA UNIF SCH DIST                                                                                                   | CUSIP: 544647BP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3945000 | PA      | $4568868.61   | 0.42%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: BS23XF1   IRS USD R V 12MUSCPI IS23XG2 CCPINFLATIONZERO / Short: BS23XF1   IRS USD P F  1.57200 IS23XF1 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   4115000 | OU      | $672961.67    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                  | OSCEOLA CNTY FL TRANSPRTN REVENUE                                                                                              | CUSIP: 688031EM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $62245.62     | 0.01%             | 2032-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                               | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                        | CUSIP: 6461362D2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   6660000 | PA      | $7021597.37   | 0.64%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445R84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4735000 | PA      | $5167515.73   | 0.47%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                     | PUBLIC FIN AUTH WI REVENUE                                                                                                     | CUSIP: 74442PML6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    195000 | PA      | $195576.81    | 0.02%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Association of Governments                                         | SAN DIEGO ASSN OF GOVTS CA CAPITAL GRANT RECEIPTS REVENUE                                                                      | CUSIP: 797258AE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $2966491.52   | 0.27%             | 2027-11-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                   | ILLINOIS ST FIN AUTH REVENUE                                                                                                   | CUSIP: 45204E6R4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103174.83    | 0.01%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                      | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1166750.49   | 0.11%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                                                                                  | CUSIP: 13063DDN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5540000 | PA      | $5735765.32   | 0.53%             | 2024-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of San Francisco CA                                            | SAN FRANCISCO CITY & CNTY CA COPS                                                                                              | CUSIP: 79765DN97<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |   3970000 | PA      | $4030657.63   | 0.37%             | 2024-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                            | GUAM GOVT LTD OBLG REVENUE                                                                                                     | CUSIP: 40065HDQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $696610.40    | 0.06%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                                                       | General Motors Financial Co Inc                                                                                                | CUSIP: 37045XDT0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1948720.00   | 0.18%             | 2025-04-07      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                            | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064RFF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $265086.77    | 0.02%             | 2040-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Romoland School District                                                     | ROMOLAND CA SCH DIST SPL TAX                                                                                                   | CUSIP: 776192NH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    955000 | PA      | $963233.63    | 0.09%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse International                                                  | Long: IS1PDS1   CDS USD R F  3.00000 IS1PDS1 CMBX / Short: IS1PDS1   CDS USD P V 01MEVENT IS1PDT2 CMBX                         | CUSIP: 000000000<br>LEI: E58DKGMJYYYJLN8C3868 | N/A              | DCR              |  | GB        |       634 | OU      | $-154.98      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                              | KENTUCKY ST ECON DEV FIN AUTH                                                                                                  | CUSIP: 49126KJX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3676245.30   | 0.34%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: BS2BFX7   IRS USD R V 12MUSCPI IS2BFY8 CCPINFLATIONZERO / Short: BS2BFX7   IRS USD P F  2.78200 IS2BFX7 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   4900000 | OU      | $301575.89    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                     | PUBLIC FIN AUTH WI REVENUE                                                                                                     | CUSIP: 74442PMR3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    700000 | PA      | $701677.34    | 0.06%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: BS2J2W9   IRS USD R V 00MSOFR IS2J2X0 CCPOIS / Short: BS2J2W9   IRS USD P F  3.59100 IS2J2W9 CCPOIS                      | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   7000000 | OU      | $-9829.27     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Territory of Guam                                                            | GUAM GOVT HOTEL OCCUPANCY TAX REVENUE                                                                                          | CUSIP: 40065KAQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $366742.18    | 0.03%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Water Supply & Conservation Agency                                  | BAY AREA CA WTR SPLY & CONSV AGY                                                                                               | CUSIP: 072031BY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2968615.25   | 0.27%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                 | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                                                                                | CUSIP: 544525WV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1504612.50   | 0.14%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                        | SAINT JAMES PARISH LA REVENUE                                                                                                  | CUSIP: 790103AY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $189316.85    | 0.02%             | 2041-08-01      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                        | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3805000 | PA      | $3154843.46   | 0.29%             | 2041-08-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                        | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292BE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3029208.00   | 0.28%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                             | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE                                                                    | CUSIP: 13054WAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3464804.34   | 0.32%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Unified School District                                           | LONG BEACH CA UNIF SCH DIST                                                                                                    | CUSIP: 542433MP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001432.10   | 0.09%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                       | LOS ANGELES CA UNIF SCH DIST                                                                                                   | CUSIP: 5446465H1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6905000 | PA      | $6976836.86   | 0.64%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New River Community Development District                                     | NEW RIVER FL CDD CAPITAL IMPT REVENUE                                                                                          | CUSIP: 648466AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $0.00         | 0.00%             | 2023-05-01      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| LCH Limited                                                                  | Long: BS2D7J3   IRS USD R V 00MSOFR IS2D7K4 CCPOIS / Short: BS2D7J3   IRS USD P F  1.28000 IS2D7J3 CCPOIS                      | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   8000000 | OU      | $1488620.95   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Saugus/Hart School Facilities Financing Authority                            | SAUGUS/HART CA SCH FACS FING AUTH SPL TAX                                                                                      | CUSIP: 804208CG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1411707.43   | 0.13%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                            | GUAM GOVT HOTEL OCCUPANCY TAX REVENUE                                                                                          | CUSIP: 40065KAR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $480216.46    | 0.04%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HTA TRRB Custodial Trust                                                     | HTA TRRB 2005L-745190UR7 ASSURED CUSTODIAL TRUST                                                                               | CUSIP: 40444FAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $734293.19    | 0.07%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                     | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                    | CUSIP: 38122ND74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1158501.24   | 0.11%             | 2031-06-01      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                             | TAMPA FL CAPITAL IMPT CIGARETTE TAX ALLOCATION                                                                                 | CUSIP: 875146AR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $113040.81    | 0.01%             | 2033-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | CALIFORNIA ST UNIV REVENUE                                                                                                     | CUSIP: 13077DNU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $291838.60    | 0.03%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                        | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292AN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2247393.30   | 0.21%             | 2045-07-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    500000 | PA      | $433529.85    | 0.04%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: SS2EQS8   IRS USD R F  3.73500 IS2EQS8 CCPINFLATIONZERO / Short: SS2EQS8   IRS USD P V 12MUSCPI IS2EQT9 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   8210000 | OU      | $80251.19     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048VBQ0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3237564.67   | 0.30%             | 2031-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SNM2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3141972.60   | 0.29%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                  | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                                                                                        | CUSIP: 1301786T8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1634689.57   | 0.15%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                            | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                                                                                       | CUSIP: 40065NBW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1174268.29   | 0.11%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of San Francisco CA                                            | SAN FRANCISCO CITY & CNTY CA                                                                                                   | CUSIP: 7976464K9<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |   4235000 | PA      | $4381883.78   | 0.40%             | 2025-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: BS281O1   IRS USD R V 12MUSCPI IS281P2 CCPINFLATIONZERO / Short: BS281O1   IRS USD P F  2.56500 IS281O1 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   5605000 | OU      | $489956.53    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                    | CUSIP: 13058TBQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1089592.78   | 0.10%             | 2028-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | CALIFORNIA ST MUNI FIN AUTH SPL FAC REVENUE                                                                                    | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   8250000 | PA      | $8032369.95   | 0.74%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                       | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                                                                              | CUSIP: 74529JQB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    982000 | PA      | $916028.06    | 0.08%             | 2024-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SWN0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1710918.54   | 0.16%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                          | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                    | CUSIP: 13058TRL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017320.00   | 0.09%             | 2042-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SYH1<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    720000 | PA      | $768405.60    | 0.07%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412GWN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2280000 | PA      | $2351020.63   | 0.22%             | 2024-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Joint Powers Financing Authority                                   | SAN MATEO CNTY CA JT PWRS FING AUTH LEASE REVENUE                                                                              | CUSIP: 79904NGV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3660000 | PA      | $3784840.77   | 0.35%             | 2024-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Joint Powers Financing Authority                                   | SAN MATEO CNTY CA JT PWRS FING AUTH LEASE REVENUE                                                                              | CUSIP: 79904NGW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5790000 | PA      | $6123258.50   | 0.56%             | 2025-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                                                                                  | CUSIP: 13063DQ43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6440000 | PA      | $6401724.50   | 0.59%             | 2042-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                          | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                     | CUSIP: 13068LMY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11220000 | PA      | $11650540.57  | 1.07%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                   | ILLINOIS ST FIN AUTH REVENUE                                                                                                   | CUSIP: 45204E6M5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100479.39    | 0.01%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                      | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1420959.42   | 0.13%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                          | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                     | CUSIP: 13068LW35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2195799.40   | 0.20%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412HKR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7750000 | PA      | $7722281.35   | 0.71%             | 2040-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                            | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                                                                                       | CUSIP: 40065NCP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069276.30   | 0.10%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Joint Powers Financing Authority                                   | SAN MATEO CNTY CA JT PWRS FING AUTH LEASE REVENUE                                                                              | CUSIP: 79904NGX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3310000 | PA      | $3575912.16   | 0.33%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                        | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292BF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3078492.40   | 0.28%             | 2047-04-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                            | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064REJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $411377.30    | 0.04%             | 2031-10-01      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                            | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                                                                                       | CUSIP: 40065NBU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1375607.96   | 0.13%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                      | MUNI ELEC AUTH OF GEORGIA                                                                                                      | CUSIP: 626207Y65<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    250000 | PA      | $262494.83    | 0.02%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                          | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 13013FAS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $774053.26    | 0.07%             | 2043-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UMX3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1279133.53   | 0.12%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                            | GUAM GOVT LTD OBLG REVENUE                                                                                                     | CUSIP: 40065HDM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $472076.06    | 0.04%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                          | PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE                                                                                 | CUSIP: 745160SG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $981624.40    | 0.09%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445CN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1523435.62   | 0.14%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                      | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1580880.30   | 0.15%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                          | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                     | CUSIP: 13068LW27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2196985.60   | 0.20%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                                                                                  | CUSIP: 13063CHY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2285000 | PA      | $2331344.37   | 0.21%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coronado Community Development Agency Successor Agency                       | CORONADO CA CMNTY DEV AGY SUCCESSOR AGY TAX ALLOCATION                                                                         | CUSIP: 21977AAJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3625000 | PA      | $3822773.48   | 0.35%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                            | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064REX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1089433.04   | 0.10%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                            | TOBACCO SETTLEMENT FING CORP NJ                                                                                                | CUSIP: 888808GY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005148.00   | 0.09%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | CALIFORNIA ST UNIV REVENUE                                                                                                     | CUSIP: 13077DMP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1236274.05   | 0.11%             | 2028-11-01      | Fixed         | 1.49%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                           | CUSIP: 13034AV56<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9980707.00   | 0.92%             | 2050-01-01      | Floating      | 0.85%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SMJ0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1940027.80   | 0.18%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JAP1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4435000 | PA      | $4363958.40   | 0.40%             | 2052-02-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                            | TOBACCO SETTLEMENT FING CORP NJ                                                                                                | CUSIP: 888808HA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026172.90   | 0.09%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532EP5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3450817.80   | 0.32%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | LOS ANGELES CA DEPT WTR & PWR REVENUE                                                                                          | CUSIP: 544495C93<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2244616.19   | 0.21%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UBB3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6914367.85   | 0.63%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                      | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1402148.15   | 0.13%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                       | LOS ANGELES CA UNIF SCH DIST                                                                                                   | CUSIP: 5446467C0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1551098.33   | 0.14%             | 2023-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                        | MET TRANSPRTN AUTH NY REVENUE                                                                                                  | CUSIP: 59261ADN4<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2065000 | PA      | $2157888.66   | 0.20%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                              | TRANSBAY JT POWERS AUTH CA                                                                                                     | CUSIP: 89356CAN6<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    800000 | PA      | $840365.68    | 0.08%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Credit Suisse International                                                  | Long: IS1NQY2   CDS USD R F  3.00000 IS1NQY2 CMBX / Short: IS1NQY2   CDS USD P V 01MEVENT IS1NQZ3 CMBX                         | CUSIP: 000000000<br>LEI: E58DKGMJYYYJLN8C3868 | N/A              | DCR              |  | GB        |    522713 | OU      | $-127864.34   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445GP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3220239.00   | 0.30%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445RD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2655000 | PA      | $2788881.56   | 0.26%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue        | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE                                                                           | CUSIP: 913366KN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11049140.00  | 1.01%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sweetwater Union High School District                                        | SWEETWATER CA UNION HIGH SCH DIST                                                                                              | CUSIP: 870462RY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3205000 | PA      | $3424277.13   | 0.31%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Water Supply & Conservation Agency                                  | BAY AREA CA WTR SPLY & CONSV AGY                                                                                               | CUSIP: 072031BW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $2014810.70   | 0.18%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1680000 | PA      | $908141.81    | 0.08%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority                                | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                                                                                    | CUSIP: 02936TAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $790225.33    | 0.07%             | 2028-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445QV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5484945.50   | 0.50%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                        | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292BL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1614274.40   | 0.15%             | 2047-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                                                                                  | CUSIP: 13063DLU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $676738.19    | 0.06%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Howard Bend Levee District                                                   | HOWARD BEND MO LEVEE DIST                                                                                                      | CUSIP: 442499CE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $152782.23    | 0.01%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3F2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    655000 | PA      | $659937.52    | 0.06%             | 2025-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                       | LOS ANGELES CA UNIF SCH DIST                                                                                                   | CUSIP: 544646S60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3860000 | PA      | $3900157.90   | 0.36%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                  | Long: BS2CZ96   IRS USD R V 12MUSCPI IS2CZA7 CCPINFLATIONZERO / Short: BS2CZ96   IRS USD P F  2.98850 IS2CZ96 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   3950000 | OU      | $163933.33    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| River Islands Public Financing Authority                                     | RIVER ISLANDS CA PUBLIC FING AUTH SPL TAX                                                                                      | CUSIP: 76827QHD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2510000 | PA      | $2515388.97   | 0.23%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | LOS ANGELES CA DEPT WTR & PWR REVENUE                                                                                          | CUSIP: 544495F33<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |  11725000 | PA      | $12166265.69  | 1.12%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                     | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                    | CUSIP: 38122NA77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2658258.90   | 0.24%             | 2025-06-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| HTA HRRB Custodial Trust                                                     | HTA HRRB 2007CC-745181F85 ASSURED CUSTODIAL TRUST                                                                              | CUSIP: 40443JAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $153055.59    | 0.01%             | 2031-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032URA8<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1096410.70   | 0.10%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Ashland KY                                                           | ASHLAND KY MED CENTER REVENUE                                                                                                  | CUSIP: 044293BS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $172794.58    | 0.02%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | CALIFORNIA ST                                                                                                                  | CUSIP: 13063DSC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1475695.48   | 0.14%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                             | Fannie Mae Connecticut Avenue Securities                                                                                       | CUSIP: 30711XCB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50126 | PA      | $51829.54     | 0.00%             | 2028-09-25      | Floating      | 10.39%                | No            |                  2 | On Loan: No      |
| Southwestern Community College District                                      | S WSTRN CA CMNTY CLG DIST                                                                                                      | CUSIP: 845389FJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3870000 | PA      | $4106731.38   | 0.38%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-02

**Name of Applicant:** BERNSTEIN SANFORD C FUND INC

**Signature:** Joseph Mantineo

**Name of Signer:** Joseph Mantineo

**Title:** Treasurer and Chief Financial Officer