# EDGAR Filing Document

**Accession Number:** 0000909466
**File Stem:** 0000909466-25-000085
**Filing Date:** 2025-10
**Character Count:** 139059
**Document Hash:** 78f3111ee0f5ff71a54b21ed95b7352d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000909466-25-000085.hdr.sgml**: 20251030

**ACCESSION NUMBER**: 0000909466-25-000085

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251030

**DATE AS OF CHANGE**: 20251030

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
- **CENTRAL INDEX KEY:** 0000909466

**ORGANIZATION NAME:**
- **EIN:** 766035958
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07890
- **FILM NUMBER:** 251436822

**BUSINESS ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 7136261919

**MAIL ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM TAX EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
- **DATE OF NAME CHANGE:** 20100430

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM TAX EXEMPT FUNDS
- **DATE OF NAME CHANGE:** 20000324

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM TAX EXEMPT FUNDS INC/NEW
- **DATE OF NAME CHANGE:** 19940718

## Series and Classes Contracts Data

### Invesco Pennsylvania Municipal Fund (Series ID: S000064637)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000209267 | Class C      | OPACX           |
| C000209269 | Class Y      | OPAYX           |
| C000209274 | Class R6     | IORPX           |
| C000209275 | Class A      | OPATX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds)

- **b. Investment Company Act file number:** 811-07890

- **c. CIK number of Registrant:** 0000909466

- **d. LEI of Registrant:** SW0MHD1146AQ1M76HG37

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

  - **Street Address 1:** 11 Greenway Plaza

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77046-1173

  - **Telephone number:** 800-959-4246

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

- **a. Name of Series:** Invesco Pennsylvania Municipal Fund

- **b. EDGAR series identifier (if any):** S000064637

- **c. LEI of Series:** 549300SOV48MO33XSK28

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-08-31

**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:** $751969579.81

**Total Liabilities:** $77361710.32

**Net Assets:** $674607869.49

**Delayed Delivery Securities:** $3422092.00

**Cash Not Reported:** $2999588.29

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -978.30154926 | **1-Year:** -21898.88981039 | **5-Year:** -61561.79738722 | **10-Year:** -179522.71989084 | **30-Year:** -96243.59696562

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

- **3-Month:** -262.43000193 | **1-Year:** -4728.56354022 | **5-Year:** -15492.51539813 | **10-Year:** -41539.90910996 | **30-Year:** -75996.64008956

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000209267 | 0.40%                | -0.93%               | 0.40%                |
| Class ID C000209269 | 0.47%                | -0.85%               | 0.38%                |
| Class ID C000209274 | 0.38%                | -0.74%               | 0.38%                |
| Class ID C000209275 | 0.45%                | -0.87%               | 0.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-442407.48              | $998094.53                                 |
| Month 2  | $-648718.31              | $-7407142.10                               |
| Month 3  | $-905757.41              | $1771588.33                                |

**Designated Index Information**

- **Index Name:** Securities Portfolio

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                                                                                                  | Title                                                                                                                                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Coatesville School District                                                                                                           | Coatesville School District, Series 2020 C, Ref. GO Notes                                                                                              | CUSIP: 190684PX2<br>LEI: 549300FB4I8E5MPRFX97 | Long             | DBT              | MUN               | US        |    640000 | PA      | $458691.07    | 0.07%             | 2033-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2023, Ref. RN                                                                               | CUSIP: 709222DS9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1997150.00   | 0.30%             | 2026-07-15      | Floating      | 3.58%                 | No            |                  2 | On Loan: No      |
| Lancaster (City of), PA Municipal Authority (Garden Spot Village)                                                                     | Lancaster (City of), PA Municipal Authority (Garden Spot Village), Series 2024, Ref. RB                                                                | CUSIP: 514350AL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1276081.82   | 0.19%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Industrial Development Authority (United States Steel Corp.)                                                | Allegheny (County of), PA Industrial Development Authority (United States Steel Corp.), Series 2019, Ref. RB                                           | CUSIP: 01730PAB5<br>LEI: 5493001680EYSTWFLS08 | Long             | DBT              | MUN               | US        |   3990000 | PA      | $4251523.35   | 0.63%             | 2030-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Penndot Major Bridges)                                       | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Penndot Major Bridges), Series 2022, RB                                       | CUSIP: 70868YAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6195000 | PA      | $5959259.81   | 0.88%             | 2053-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQH1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   7242000 | PA      | $1690396.50   | 0.25%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (Waverly Heights Ltd.)                                                    | Montgomery (County of), PA Industrial Development Authority (Waverly Heights Ltd.), Series 2019, Ref. RB                                               | CUSIP: 613609K62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1203587.32   | 0.18%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                                                                                  | Guam Government Waterworks Authority, Series 2025, RB                                                                                                  | CUSIP: 40065FFK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019063.10   | 0.15%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wilkes-Barre Area School District                                                                                                     | Wilkes-Barre Area School District, Series 2016 B, GO Bonds                                                                                             | CUSIP: 968261MU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2653406.34   | 0.39%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds                                                                                               | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1166764 | PA      | $1118780.25   | 0.17%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Higher Education Building Authority (Robert Morris University)                                              | Allegheny (County of), PA Higher Education Building Authority (Robert Morris University), Series 1998 A, Ref. RB                                       | CUSIP: 01729EGM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $84489.01     | 0.01%             | 2028-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2019 A, RB                                                                                  | CUSIP: 709224S91<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   9660000 | PA      | $9693741.41   | 1.44%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Social Bonds)                                                        | Philadelphia (City of), PA Authority for Industrial Development (Social Bonds), Series 2024, Ref. RB                                                   | CUSIP: 71780CBZ2<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $933096.50    | 0.14%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Higher Education & Health Authority (Philadelphia Presbytery Homes, Inc.)                                  | Montgomery (County of), PA Higher Education & Health Authority (Philadelphia Presbytery Homes, Inc.), Series 2017, Ref. RB                             | CUSIP: 613603XG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2915000 | PA      | $2657621.82   | 0.39%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Susquehanna Area Regional Airport Authority                                                                                           | Susquehanna Area Regional Airport Authority, Series 2017, Ref. RB                                                                                      | CUSIP: 86909RBH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1342548.14   | 0.20%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Pennsylvania Rapid Bridge Replacement)                       | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Pennsylvania Rapid Bridge Replacement), Series 2015, RB                       | CUSIP: 70869PHX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11750000 | PA      | $11565503.85  | 1.71%             | 2042-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Puerto Rico                                                                                                             | University of Puerto Rico, Series 2006 P, Ref. RB                                                                                                      | CUSIP: 914811NU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3235000 | PA      | $3174685.04   | 0.47%             | 2030-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                            | Philadelphia (City of), PA, Series 2017 A, RB                                                                                                          | CUSIP: 717893D32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9475000 | PA      | $9450290.15   | 1.40%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2019 A-2, RB                                                                                             | CUSIP: 74529JRH0<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2550466.33   | 0.38%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The))                                                | Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The)), Series 2017 A, Ref. RB                                         | CUSIP: 08452RAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1129019.74   | 0.17%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coatesville School District                                                                                                           | Coatesville School District, Series 2020 B, Ref. GO Bonds                                                                                              | CUSIP: 190684PV6<br>LEI: 549300FB4I8E5MPRFX97 | Long             | DBT              | MUN               | US        |    500000 | PA      | $358352.40    | 0.05%             | 2033-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Thomas Jefferson University)                                         | Philadelphia (City of), PA Authority for Industrial Development (Thomas Jefferson University), Series 2017 A, Ref. RB                                  | CUSIP: 71781XCQ4<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |  17635000 | PA      | $16979283.09  | 2.52%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aliquippa School District                                                                                                             | Aliquippa School District, Series 2018, Ref. GO Bonds                                                                                                  | CUSIP: 016364CZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1681822.98   | 0.25%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                    | Tobacco Settlement Financing Corp., Series 2006, RB                                                                                                    | CUSIP: 88880RAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4150000 | PA      | $1947748.14   | 0.29%             | 2035-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Industrial Development Authority (University Student Housing, LLC at West Chester University of Pennsylvania) | Chester (County of), PA Industrial Development Authority (University Student Housing, LLC at West Chester University of Pennsylvania), Series 2013 A,  | CUSIP: 16559PAS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $984797.00    | 0.15%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (City of), PA Municipal Authority (Garden Spot Village)                                                                     | Lancaster (City of), PA Municipal Authority (Garden Spot Village), Series 2024 B, RB                                                                   | CUSIP: 514350AN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1880000 | PA      | $1758928.75   | 0.26%             | 2054-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                                                                      | Commonwealth Financing Authority, Series 2018, RB                                                                                                      | CUSIP: 20282EAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2601640.50   | 0.39%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cumberland (County of), PA Municipal Authority (Messiah Village)                                                                      | Cumberland (County of), PA Municipal Authority (Messiah Village), Series 2018, Ref. RB                                                                 | CUSIP: 230614NE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3210000 | PA      | $3212990.44   | 0.48%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (National Gypson Co.)                                         | Pennsylvania (Commonwealth of) Economic Development Financing Authority (National Gypson Co.), Series 2014, Ref. RB                                    | CUSIP: 708686DZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $634956.69    | 0.09%             | 2044-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The))                                                | Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The)), Series 2017 C, RB                                              | CUSIP: 08452RAK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1505955.33   | 0.22%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group)                              | Philadelphia (City of), PA Authority for Industrial Development (Wesley Enhanced Living Obligated Group), Series 2017, Ref. RB                         | CUSIP: 717824AR7<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3843841.05   | 0.57%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2021 A, RB                                                                                  | CUSIP: 709225BD7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2494541.70   | 0.37%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (City of), PA Industrial Development Authority (Willow Valley Communities)                                                  | Lancaster (City of), PA Industrial Development Authority (Willow Valley Communities), Series 2019, RB                                                  | CUSIP: 514349CX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $944116.54    | 0.14%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Municipal Authority (Misericordia University)                                                                             | Dallas Area Municipal Authority (Misericordia University), Series 2019, Ref. RB                                                                        | CUSIP: 235171AR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3387226.40   | 0.50%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds                                                                                               | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1368858 | PA      | $1502209.68   | 0.22%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Delaware (County of), PA Authority (Elywn)                                                                                            | Delaware (County of), PA Authority (Elywn), Series 2017, Ref. RB                                                                                       | CUSIP: 245913NB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3323201.00   | 0.49%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2020 B, RB                                                                                  | CUSIP: 709225AX4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   5150000 | PA      | $5168697.08   | 0.77%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southcentral Pennsylvania General Authority (Hanover Hospital, Inc.)                                                                  | Southcentral Pennsylvania General Authority (Hanover Hospital, Inc.), Series 2015, Ref. RB                                                             | CUSIP: 84129NKJ7<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004151.30   | 0.15%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (University of Pennsylvania Health System)                     | Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (University of Pennsylvania Health System), Series 2019, RB                     | CUSIP: 70917S6Y4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $845286.50    | 0.13%             | 2049-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2009 C, RB                                                                                  | CUSIP: 709223XA4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2045063.60   | 0.30%             | 2033-06-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Housing Finance Agency                                                                                 | Pennsylvania (Commonwealth of) Housing Finance Agency, Series 2019-131 A, RB                                                                           | CUSIP: 70879QGK3<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1898739.25   | 0.28%             | 2044-10-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Erie (City of), PA Higher Education Building Authority (AICUP Financing Program)                                                      | Erie (City of), PA Higher Education Building Authority (AICUP Financing Program), Series 2021, RB                                                      | CUSIP: 295435CS8<br>LEI: 549300JDMWBZICIGLV66 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $942589.27    | 0.14%             | 2041-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (City of), PA Industrial Development Authority (Willow Valley Communities)                                                  | Lancaster (City of), PA Industrial Development Authority (Willow Valley Communities), Series 2019, RB                                                  | CUSIP: 514349CY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7765000 | PA      | $7092789.39   | 1.05%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Airport Authority (Pittsburgh Airport)                                                                      | Allegheny (County of), PA Airport Authority (Pittsburgh Airport), Series 2023 A, RB                                                                    | CUSIP: 01728LHE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1843864.01   | 0.27%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (PresbyHomes Germantown/Morrisville)                                  | Philadelphia (City of), PA Authority for Industrial Development (PresbyHomes Germantown/Morrisville), Series 2005 A, RB                                | CUSIP: 717824AL0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2040000 | PA      | $2078469.10   | 0.31%             | 2035-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Coatesville School District                                                                                                           | Coatesville School District, Series 2020 B, Ref. GO Bonds                                                                                              | CUSIP: 190684PW4<br>LEI: 549300FB4I8E5MPRFX97 | Long             | DBT              | MUN               | US        |    980000 | PA      | $664712.64    | 0.10%             | 2034-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (County of), PA Hospital Authority (Penn State Health)                                                                      | Lancaster (County of), PA Hospital Authority (Penn State Health), Series 2021, RB                                                                      | CUSIP: 514045W66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1506551.80   | 0.22%             | 2051-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Higher Education Assistance Agency                                                                     | Pennsylvania (Commonwealth of) Higher Education Assistance Agency, Series 2024, RB                                                                     | CUSIP: 70878CBH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3143000 | PA      | $3013397.14   | 0.45%             | 2045-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Delaware Valley Regional Finance Authority                                                                                            | Delaware Valley Regional Finance Authority, Series 2002, RB                                                                                            | CUSIP: 246579GC4<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1158551.80   | 0.17%             | 2032-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                            | Philadelphia (City of), PA, Series 2021, Ref. RB                                                                                                       | CUSIP: 717817XT2<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $969113.40    | 0.14%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Higher Education & Health Authority (Thomas Jefferson University)                                          | Montgomery (County of), PA Higher Education & Health Authority (Thomas Jefferson University), Series 2019, Ref. RB                                     | CUSIP: 613603B40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $4420386.30   | 0.66%             | 2049-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds                                                                                               | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1409317 | PA      | $1502002.14   | 0.22%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2015 B, RB                                                                                  | CUSIP: 709224KR9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503032.85    | 0.07%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Commercial and Industrial Development Authority (Executive Education Academy Charter School)                  | Allentown (City of), PA Commercial and Industrial Development Authority (Executive Education Academy Charter School), Series 2024, Ref. RB             | CUSIP: 01843AAN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2621898.00   | 0.39%             | 2059-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Airport Authority                                                                                           | Allegheny (County of), PA Airport Authority, Series 2021 A, RB                                                                                         | CUSIP: 01728LGH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5555000 | PA      | $4478101.03   | 0.66%             | 2056-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Discovery Charter School)                                            | Philadelphia (City of), PA Authority for Industrial Development (Discovery Charter School), Series 2022, Ref. RB                                       | CUSIP: 71781XGM9<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2028510.72   | 0.30%             | 2052-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dauphin (County of), PA General Authority (Pinnacle Health System)                                                                    | Dauphin (County of), PA General Authority (Pinnacle Health System), Series 2016 A, Ref. RB                                                             | CUSIP: 23825EDW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $515049.56    | 0.08%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Shore Area Authority (Messiah Village)                                                                                           | West Shore Area Authority (Messiah Village), Series 2015 A, Ref. RB                                                                                    | CUSIP: 95581QAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1509986.56   | 0.22%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA General Purpose Authority (Moravian College)                                                              | Northampton (County of), PA General Purpose Authority (Moravian College), Series 2016, Ref. RB                                                         | CUSIP: 66353LCY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2273814.90   | 0.34%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA Industrial Development Authority (Northampton Generating Co. L.P.)                                        | Northampton (County of), PA Industrial Development Authority (Northampton Generating Co. L.P.), Series 2013 A, RB                                      | CUSIP: 663547AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14826610 | PA      | $6523708.40   | 0.97%             | 2027-06-30      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Geisinger Authority (Geisinger Health System)                                                                                         | Geisinger Authority (Geisinger Health System), Series 2017 A-1, Ref. RB                                                                                | CUSIP: 368497HQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4232252.50   | 0.63%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                    | Tobacco Settlement Financing Corp., Series 2006, RB                                                                                                    | CUSIP: 88880RAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2195000 | PA      | $1090630.09   | 0.16%             | 2035-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Penndot Major Bridges)                                       | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Penndot Major Bridges), Series 2022, RB                                       | CUSIP: 70868YAX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5145000 | PA      | $4914767.42   | 0.73%             | 2057-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                 | Children's Trust Fund, Series 2002, RB                                                                                                                 | CUSIP: 16876QBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10335000 | PA      | $10469655.75  | 1.55%             | 2039-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds                                                                                               | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1298041 | PA      | $1270007.47   | 0.19%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority (Waterfront-30 E. Allen Street)                           | Allentown (City of), PA Neighborhood Improvement Zone Development Authority (Waterfront-30 E. Allen Street), Series 2024, RB                           | CUSIP: 018444CE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1207745.28   | 0.18%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Higher Education Assistance Agency                                                                     | Pennsylvania (Commonwealth of) Higher Education Assistance Agency, Series 2023 B, RB                                                                   | CUSIP: 70878CBB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $728296.48    | 0.11%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (University Square Apartments)                                        | Philadelphia (City of), PA Authority for Industrial Development (University Square Apartments), Series 2017, RB                                        | CUSIP: 717908AG2<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    600000 | PA      | $609210.90    | 0.09%             | 2026-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bucks (County of), PA Industrial Development Authority (Pennswood Village)                                                            | Bucks (County of), PA Industrial Development Authority (Pennswood Village), Series 2018, Ref. RB                                                       | CUSIP: 118612MV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $271862.92    | 0.04%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (City of), PA Municipal Authority (Garden Spot Village)                                                                     | Lancaster (City of), PA Municipal Authority (Garden Spot Village), Series 2024, Ref. RB                                                                | CUSIP: 514350AM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1549793.45   | 0.23%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Kipp Philadelphia Charter School)                                    | Philadelphia (City of), PA Authority for Industrial Development (Kipp Philadelphia Charter School), Series 2016 B, RB                                  | CUSIP: 71781XAX1<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1382180.03   | 0.20%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Housing Finance Agency (Social Bonds)                                                                  | Pennsylvania (Commonwealth of) Housing Finance Agency (Social Bonds), Series 2024-145A, RB                                                             | CUSIP: 70879QWN9<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3380000 | PA      | $3688188.06   | 0.55%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2019 A-2, RB                                                                                             | CUSIP: 74529JRK3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |     91000 | PA      | $78487.90     | 0.01%             | 2053-07-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                            | Philadelphia (City of), PA, Series 2017 15, Ref. RB                                                                                                    | CUSIP: 71783MAZ8<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   3620000 | PA      | $3574187.09   | 0.53%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Housing Finance Agency (Social Bonds)                                                                  | Pennsylvania (Commonwealth of) Housing Finance Agency (Social Bonds), Series 2023 141-A, RB                                                            | CUSIP: 70879QSZ7<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    796226 | PA      | $848128.55    | 0.13%             | 2053-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Lehigh (County of), PA General Purpose Authority (Lehigh Valley Dual Language Charter School)                                         | Lehigh (County of), PA General Purpose Authority (Lehigh Valley Dual Language Charter School), Series 2023, RB                                         | CUSIP: 52480EAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3760000 | PA      | $3915166.93   | 0.58%             | 2053-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Allentown City School District                                                                                                        | Allentown City School District, Series 2018 B, GO Bonds                                                                                                | CUSIP: 018411TP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1268797.97   | 0.19%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center)                                             | Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center), Series 2024, RB                                             | CUSIP: 018444CC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7620000 | PA      | $7454855.55   | 1.11%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware (County of), PA Authority (Elywn)                                                                                            | Delaware (County of), PA Authority (Elywn), Series 2017, Ref. RB                                                                                       | CUSIP: 245913MZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $176558.24    | 0.03%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority                                                               | Pennsylvania (Commonwealth of) Economic Development Financing Authority, Series 2025, Ref. RB                                                          | CUSIP: 708692CA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4074036.00   | 0.60%             | 2035-03-27      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) GDB Debt Recovery Authority                                                                             | Puerto Rico (Commonwealth of) GDB Debt Recovery Authority, Series 2023, RB                                                                             | CUSIP: 36829QAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    169203 | PA      | $162095.78    | 0.02%             | 2040-08-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA General Purpose Authority (St. Luke's University Health Network)                                          | Northampton (County of), PA General Purpose Authority (St. Luke's University Health Network), Series 2016, Ref. RB                                     | CUSIP: 66353RCB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $332380.39    | 0.05%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority (Asset Improvement Program)                                                        | Southeastern Pennsylvania Transportation Authority (Asset Improvement Program), Series 2022, RB                                                        | CUSIP: 842039FQ7<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3074160.30   | 0.46%             | 2047-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center)                                             | Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center), Series 2018, RB                                             | CUSIP: 018444BF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3926198.00   | 0.58%             | 2042-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of)                                                                                                        | Pennsylvania (Commonwealth of), Series 2018 A, Ref. COP                                                                                                | CUSIP: 709144PB9<br>LEI: 549300WICSGUHKHF1T85 | Long             | DBT              | MUN               | US        |    540000 | PA      | $475895.52    | 0.07%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Higher Education & Health Authority (Thomas Jefferson University)                                          | Montgomery (County of), PA Higher Education & Health Authority (Thomas Jefferson University), Series 2019, Ref. RB                                     | CUSIP: 613603B32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $862603.20    | 0.13%             | 2044-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Delaware (County of), PA Authority (Neumann University)                                                                               | Delaware (County of), PA Authority (Neumann University), Series 2016, Ref. RB                                                                          | CUSIP: 246008NU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2305000 | PA      | $2282365.82   | 0.34%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Industrial Development Authority (Collegium Charter School)                                                   | Chester (County of), PA Industrial Development Authority (Collegium Charter School), Series 2017 A, RB                                                 | CUSIP: 165588DL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2895000 | PA      | $2506334.09   | 0.37%             | 2047-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Higher Education Assistance Agency                                                                     | Pennsylvania (Commonwealth of) Higher Education Assistance Agency, Series 2023 A, RB                                                                   | CUSIP: 70878CBA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3535000 | PA      | $3466326.26   | 0.51%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (County of), PA Hospital Authority (Brethren Village)                                                                       | Lancaster (County of), PA Hospital Authority (Brethren Village), Series 2017, Ref. RB                                                                  | CUSIP: 514045S46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1711681.12   | 0.25%             | 2037-07-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (International Apartments at Temple University)                       | Philadelphia (City of), PA Authority for Industrial Development (International Apartments at Temple University), Series 2010 A, IDR                    | CUSIP: 7178185B0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1197300.00   | 0.18%             | 2030-06-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.)                                  | Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.), Series 2025, Ref. RB                             | CUSIP: 61360PDA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9157017.00   | 1.36%             | 2055-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                                                                     | Philadelphia Authority for Industrial Development, Series 2017, RB                                                                                     | CUSIP: 71781XDA8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2356715.75   | 0.35%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The))                                                | Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The)), Series 2017 C, RB                                              | CUSIP: 08452RAJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1545252.00   | 0.23%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services)                                             | Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services), Series 2019, Ref. RB                                        | CUSIP: 165579GQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $6034976.00   | 0.89%             | 2051-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center)                                             | Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center), Series 2018, RB                                             | CUSIP: 018444BC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3915000 | PA      | $3796195.02   | 0.56%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Pennsylvania Rapid Bridge Replacement)                       | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Pennsylvania Rapid Bridge Replacement), Series 2015, RB                       | CUSIP: 70869PJY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13590000 | PA      | $13539994.24  | 2.01%             | 2038-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Industrial Development Authority (University Student Housing, LLC at West Chester University of Pennsylvania) | Chester (County of), PA Industrial Development Authority (University Student Housing, LLC at West Chester University of Pennsylvania), Series 2013, RB | CUSIP: 16559PAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $662287.58    | 0.10%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Housing Finance Agency (Social Bonds)                                                                  | Pennsylvania (Commonwealth of) Housing Finance Agency (Social Bonds), Series 2023 143-A, RB                                                            | CUSIP: 70879QUJ0<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2020000 | PA      | $2057602.91   | 0.31%             | 2044-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Coatesville School District                                                                                                           | Coatesville School District, Series 2020 A, GO Bonds                                                                                                   | CUSIP: 190684PU8<br>LEI: 549300FB4I8E5MPRFX97 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $1387470.06   | 0.21%             | 2038-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Adams County General Authority (Gettysburg College)                                                                                   | Adams County General Authority (Gettysburg College), Series 2025, Ref. RB                                                                              | CUSIP: 00611PBR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1204955.45   | 0.18%             | 2050-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                                                                      | Commonwealth Financing Authority, Series 2018, RB                                                                                                      | CUSIP: 20282EAR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $517674.75    | 0.08%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Cultural and Commercials Corridors)                                  | Philadelphia (City of), PA Authority for Industrial Development (Cultural and Commercials Corridors), Series 2016, Ref. RB                             | CUSIP: 71779QAQ5<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2340000 | PA      | $2351271.78   | 0.35%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA Industrial Development Authority                                                                          | Northampton (County of), PA Industrial Development Authority, Series 2013, RB                                                                          | CUSIP: 663547AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8167095 | PA      | $1470077.10   | 0.22%             | 2027-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Latrobe (City of), PA Industrial Development Authority (Seton Hill University)                                                        | Latrobe (City of), PA Industrial Development Authority (Seton Hill University), Series 2021, Ref. RB                                                   | CUSIP: 518324AV0<br>LEI: 5493008FA05J2R0XCZ14 | Long             | DBT              | MUN               | US        |    485000 | PA      | $357296.06    | 0.05%             | 2051-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cumberland (County of), PA Municipal Authority                                                                                        | Cumberland (County of), PA Municipal Authority, Series 2015, Ref. RB                                                                                   | CUSIP: 230614TH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $419839.48    | 0.06%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Housing Corp.                                                                                                                    | Guam Housing Corp., Series 1998 A, RB                                                                                                                  | CUSIP: 40064MBC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $468670.25    | 0.07%             | 2031-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Industrial Development Authority (Renaissance Academy Charter School)                                         | Chester (County of), PA Industrial Development Authority (Renaissance Academy Charter School), Series 2024, Ref. RB                                    | CUSIP: 165588FV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $519418.69    | 0.08%             | 2054-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Richard Allen Preparatory Charter School)                            | Philadelphia (City of), PA Authority for Industrial Development (Richard Allen Preparatory Charter School), Series 2006, RB                            | CUSIP: 717818Q92<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1385347.64   | 0.21%             | 2033-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Public School Building Authority (Philadelphia School District)                                        | Pennsylvania (Commonwealth of) Public School Building Authority (Philadelphia School District), Series 2016, Ref. RB                                   | CUSIP: 85732GXC9<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5165.70      | 0.00%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Scranton School District                                                                                                              | Scranton School District, Series 2017 E, Ref. GO Bonds                                                                                                 | CUSIP: 810827XH3<br>LEI: 549300SDNGI3OKNOUW62 | Long             | DBT              | MUN               | US        |    750000 | PA      | $771151.35    | 0.11%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.)                                  | Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.), Series 2023, RB                                  | CUSIP: 61360PCX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $962787.00    | 0.14%             | 2053-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds                                                                                               | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1415950 | PA      | $1170270.64   | 0.17%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Scranton-Lackawanna Health and Welfare Authority                                                                                      | Scranton-Lackawanna Health and Welfare Authority, Series 2025 A, Ref. RB                                                                               | CUSIP: 810694N96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $1949950.30   | 0.29%             | 2055-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Hospital Development Authority (University of Pittsburgh Medical Center)                                    | Allegheny (County of), PA Hospital Development Authority (University of Pittsburgh Medical Center), Series 2007 A-1, RB                                | CUSIP: 01728AH25<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |    365000 | PA      | $365299.48    | 0.05%             | 2037-02-01      | Floating      | 3.87%                 | No            |                  2 | On Loan: No      |
| Lehigh (County of), PA General Purpose Authority (Muhlenberg College)                                                                 | Lehigh (County of), PA General Purpose Authority (Muhlenberg College), Series 2024, Ref. RB                                                            | CUSIP: 52480RGN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7880000 | PA      | $7511737.66   | 1.11%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                            | Philadelphia (City of), PA, Series 2019 B, GO Bonds                                                                                                    | CUSIP: 717813XM6<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |    145000 | PA      | $152024.77    | 0.02%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (City of), PA Municipal Authority (Luthercare Project)                                                                      | Lancaster (City of), PA Municipal Authority (Luthercare Project), Series 2025 A, Ref. RB                                                               | CUSIP: 514350AS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2890000 | PA      | $2626688.05   | 0.39%             | 2055-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority (Neuweiler Lofts)                                         | Allentown (City of), PA Neighborhood Improvement Zone Development Authority (Neuweiler Lofts), Series 2023, RB                                         | CUSIP: 018444CB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3118184.88   | 0.46%             | 2042-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Allentown City School District                                                                                                        | Allentown City School District, Series 2018 B, GO Bonds                                                                                                | CUSIP: 018411TN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1264945.75   | 0.19%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Higher Education & Health Authority (Philadelphia Presbytery Homes, Inc.)                                  | Montgomery (County of), PA Higher Education & Health Authority (Philadelphia Presbytery Homes, Inc.), Series 2017, Ref. RB                             | CUSIP: 613603XF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $752349.23    | 0.11%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware (County of), PA Authority (Neumann University)                                                                               | Delaware (County of), PA Authority (Neumann University), Series 2016, Ref. RB                                                                          | CUSIP: 246008NT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1015269.48   | 0.15%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                            | Philadelphia (City of), PA, Series 2017 B, Ref. RB                                                                                                     | CUSIP: 717817UM0<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |  12700000 | PA      | $12405652.10  | 1.84%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adams (County of), PA General Authority (Brethren Home Community (The))                                                               | Adams (County of), PA General Authority (Brethren Home Community (The)), Series 2024, Ref. RB                                                          | CUSIP: 006114AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4100000 | PA      | $3687264.07   | 0.55%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington (County of), PA Redevelopment Authority (Victory Centre)                                                                   | Washington (County of), PA Redevelopment Authority (Victory Centre), Series 2018, Ref. RB                                                              | CUSIP: 938618AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $261922.08    | 0.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA General Purpose Authority (St. Luke's University Health Network)                                          | Northampton (County of), PA General Purpose Authority (St. Luke's University Health Network), Series 2018 A, Ref. RB                                   | CUSIP: 66353RCF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8430000 | PA      | $6941125.43   | 1.03%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Capital Region Parking System)                               | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Capital Region Parking System), Series 2013 C, RB                             | CUSIP: 70870EDE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $300738.83    | 0.04%             | 2044-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Higher Education Assistance Agency                                                                     | Pennsylvania (Commonwealth of) Higher Education Assistance Agency, Series 2024-1C, RB                                                                  | CUSIP: 70878CBJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1825445.20   | 0.27%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JQG3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   3912000 | PA      | $1236416.55   | 0.18%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (County of), PA Hospital Authority (Landis Homes Retirement Community)                                                      | Lancaster (County of), PA Hospital Authority (Landis Homes Retirement Community), Series 2015, Ref. RB                                                 | CUSIP: 514045J20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $569219.81    | 0.08%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lehigh (County of), PA General Purpose Authority (Kidspeace Obligation Group)                                                         | Lehigh (County of), PA General Purpose Authority (Kidspeace Obligation Group), Series 2014 A, RB                                                       | CUSIP: 52480RCF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1338421 | PA      | $1107494.79   | 0.16%             | 2044-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 TT, RB                                                                             | CUSIP: 74526QKW1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1225000 | PA      | $813093.75    | 0.12%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Industrial Development Authority (Green Bonds)                                                                | Chester (County of), PA Industrial Development Authority (Green Bonds), Series 2021, RB                                                                | CUSIP: 165588FJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11340000 | PA      | $9646300.69   | 1.43%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Penn Hills School District                                                                                                            | Penn Hills School District, Series 2020, Ref. GO Bonds                                                                                                 | CUSIP: 707487KG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3152600.00   | 0.47%             | 2042-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Higher Education & Health Authority (Holy Redeemer Health System)                                          | Montgomery (County of), PA Higher Education & Health Authority (Holy Redeemer Health System), Series 2014 A, Ref. RB                                   | CUSIP: 613603TK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $390057.84    | 0.06%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds                                                                                               | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1361508 | PA      | $1185454.80   | 0.18%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                            | Philadelphia (City of), PA, Sixteenth Series 2020 A, RB                                                                                                | CUSIP: 71783MBY0<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1552676.31   | 0.23%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Shore School District                                                                                                            | West Shore School District, Series 2020, GO Bonds                                                                                                      | CUSIP: 955819UY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1742342.80   | 0.26%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                            | Philadelphia (City of), PA, Series 2020 C, Ref. RB                                                                                                     | CUSIP: 717817WW6<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   2225000 | PA      | $1840597.88   | 0.27%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.)                                                         | Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.), Series 2018, Ref. RB                                                    | CUSIP: 353273BX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $416523.23    | 0.06%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maxatawny (Township of), PA Municipal Authority (Diakon Lutheran Social Ministries)                                                   | Maxatawny (Township of), PA Municipal Authority (Diakon Lutheran Social Ministries), Series 2022 A, RB                                                 | CUSIP: 57778PAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $695883.04    | 0.10%             | 2045-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                             | CUSIP: 74529JPX7<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   5037000 | PA      | $4620229.55   | 0.68%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Housing Finance Agency (Social Bonds)                                                                  | Pennsylvania (Commonwealth of) Housing Finance Agency (Social Bonds), Series 2024-146A, RB                                                             | CUSIP: 70879QXU2<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2876058.00   | 0.43%             | 2053-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority                                                               | Pennsylvania (Commonwealth of) Economic Development Financing Authority, Series 2023 A-2, RB                                                           | CUSIP: 70870JFN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $2584623.93   | 0.38%             | 2053-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (Germantown Academy)                                                      | Montgomery (County of), PA Industrial Development Authority (Germantown Academy), Series 2021, Ref. RB                                                 | CUSIP: 613609L38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2740000 | PA      | $2280014.28   | 0.34%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Industrial Development Authority (Propel Charter School - Sunrise)                                          | Allegheny (County of), PA Industrial Development Authority (Propel Charter School - Sunrise), Series 2013, RB                                          | CUSIP: 01730CAK4<br>LEI: 5493001680EYSTWFLS08 | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1476068.34   | 0.22%             | 2038-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Scranton-Lackawanna Health and Welfare Authority                                                                                      | Scranton-Lackawanna Health and Welfare Authority, Series 2025 A, Ref. RB                                                                               | CUSIP: 810694N88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2165000 | PA      | $2073611.24   | 0.31%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.)                                  | Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.), Series 2016, Ref. RB                             | CUSIP: 61360PCK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15107412.00  | 2.24%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds                                                                                               | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1001392 | PA      | $930146.96    | 0.14%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Airport Authority                                                                                           | Allegheny (County of), PA Airport Authority, Series 2021 A, RB                                                                                         | CUSIP: 01728LFJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16365000 | PA      | $15905878.29  | 2.36%             | 2051-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Industrial Development Authority (Renaissance Academy Charter School)                                         | Chester (County of), PA Industrial Development Authority (Renaissance Academy Charter School), Series 2024, Ref. RB                                    | CUSIP: 165588FU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $663197.28    | 0.10%             | 2049-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Delaware (County of), PA Industrial Development Authority (Mercy Health Corp. of Southeastern PA)                                     | Delaware (County of), PA Industrial Development Authority (Mercy Health Corp. of Southeastern PA), Series 2016 A, RB                                   | CUSIP: 246018GA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $1926848.77   | 0.29%             | 2046-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2021 A, Ref. RB                                                                             | CUSIP: 709225CD6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |  13190000 | PA      | $11145077.80  | 1.65%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maxatawny (Township of), PA Municipal Authority (Diakon Lutheran Social Ministries)                                                   | Maxatawny (Township of), PA Municipal Authority (Diakon Lutheran Social Ministries), Series 2022 A, RB                                                 | CUSIP: 57778PAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $888926.92    | 0.13%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                                                                         | Allentown Neighborhood Improvement Zone Development Authority, Series 2025, RB                                                                         | CUSIP: 018444CG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1391532.87   | 0.21%             | 2032-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services)                                             | Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services), Series 2019, Ref. RB                                        | CUSIP: 165579GP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $223976.38    | 0.03%             | 2039-12-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority (Waterfront-30 E. Allen Street)                           | Allentown (City of), PA Neighborhood Improvement Zone Development Authority (Waterfront-30 E. Allen Street), Series 2024, RB                           | CUSIP: 018444CD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $623260.31    | 0.09%             | 2032-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lehigh (County of), PA (Lehigh Valley Health Network)                                                                                 | Lehigh (County of), PA (Lehigh Valley Health Network), Series 2019, Ref. RB                                                                            | CUSIP: 52480GDW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $5713985.90   | 0.85%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Coatesville School District                                                                                                           | Coatesville School District, Series 2020 A, GO Bonds                                                                                                   | CUSIP: 190684PQ7<br>LEI: 549300FB4I8E5MPRFX97 | Long             | DBT              | MUN               | US        |    300000 | PA      | $203483.46    | 0.03%             | 2034-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Higher Education Building Authority (Robert Morris University)                                              | Allegheny (County of), PA Higher Education Building Authority (Robert Morris University), Series 2017, RB                                              | CUSIP: 01728RMT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1575258.75   | 0.23%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.)                                                         | Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.), Series 2019, RB                                                         | CUSIP: 353273CC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $700611.99    | 0.10%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lehigh (County of), PA General Purpose Authority (Kidspeace Obligation Group)                                                         | Lehigh (County of), PA General Purpose Authority (Kidspeace Obligation Group), Series 2014 B, RB                                                       | CUSIP: 52480RCG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315658 | PA      | $186863.25    | 0.03%             | 2044-02-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                    | Tobacco Settlement Financing Corp., Series 2006, RB                                                                                                    | CUSIP: 88880RAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $3285358.30   | 0.49%             | 2035-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lehigh (County of), PA General Purpose Authority (Lehigh Valley Academy)                                                              | Lehigh (County of), PA General Purpose Authority (Lehigh Valley Academy), Series 2022, RB                                                              | CUSIP: 52480EAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5750000 | PA      | $4430546.35   | 0.66%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Independence Charter School - West)                                  | Philadelphia (City of), PA Authority for Industrial Development (Independence Charter School - West), Series 2019, RB                                  | CUSIP: 71781XFY4<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    200000 | PA      | $196621.82    | 0.03%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA Industrial Development Authority (Morningstar Senior Living, Inc.)                                        | Northampton (County of), PA Industrial Development Authority (Morningstar Senior Living, Inc.), Series 2019, Ref. RB                                   | CUSIP: 663549NV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $822974.08    | 0.12%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA (River Pionte)                                                                                             | Montgomery (County of), PA (River Pionte), Series 2023, RB                                                                                             | CUSIP: 613646AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3120000 | PA      | $3058995.26   | 0.45%             | 2043-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (MaST I Charter School)                                               | Philadelphia (City of), PA Authority for Industrial Development (MaST I Charter School), Series 2016 A, Ref. RB                                        | CUSIP: 71781XBX0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1661533.24   | 0.25%             | 2046-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (St. Joseph's University)                                             | Philadelphia (City of), PA Authority for Industrial Development (St. Joseph's University), Series 2022, RB                                             | CUSIP: 71780TBL6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004624.40   | 0.30%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA Industrial Development Authority (Morningstar Senior Living, Inc.)                                        | Northampton (County of), PA Industrial Development Authority (Morningstar Senior Living, Inc.), Series 2019, Ref. RB                                   | CUSIP: 663549NU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $868779.77    | 0.13%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cheltenham (Township of), PA                                                                                                          | Cheltenham (Township of), PA, Series 2018, GO Bonds                                                                                                    | CUSIP: 163483VU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $434953.06    | 0.06%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Industrial Development Authority (Avon Grove Charter School)                                                  | Chester (County of), PA Industrial Development Authority (Avon Grove Charter School), Series 2017 A, Ref. RB                                           | CUSIP: 165588DR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $685794.03    | 0.10%             | 2051-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster (City of), PA Municipal Authority (Luthercare Project)                                                                      | Lancaster (City of), PA Municipal Authority (Luthercare Project), Series 2025 A, Ref. RB                                                               | CUSIP: 514350AR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $952937.00    | 0.14%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                                                                               | City of Philadelphia PA Airport Revenue, Series 2025, RB                                                                                               | CUSIP: 717817ZC7<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2431865.00   | 0.36%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Independence Charter School - West)                                  | Philadelphia (City of), PA Authority for Industrial Development (Independence Charter School - West), Series 2019, RB                                  | CUSIP: 71781XGA5<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    350000 | PA      | $290285.31    | 0.04%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                                                                     | Philadelphia Authority for Industrial Development, Series 2024, RB                                                                                     | CUSIP: 717901CE0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7000000.00   | 1.04%             | 2054-07-01      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Covanta Holding Corp.) (Green Bonds)                         | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Covanta Holding Corp.) (Green Bonds), Series 2019 A, RB                       | CUSIP: 708692BQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3850000 | PA      | $2950543.75   | 0.44%             | 2039-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Dallas Area Municipal Authority (Misericordia University)                                                                             | Dallas Area Municipal Authority (Misericordia University), Series 2019, Ref. RB                                                                        | CUSIP: 235171AQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1084268.97   | 0.16%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA                                                                                                            | Philadelphia (City of), PA, Series 2017, Ref. GO Bonds                                                                                                 | CUSIP: 717813TL3<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010460.90   | 0.15%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Higher Education Building Authority (Robert Morris University)                                              | Allegheny (County of), PA Higher Education Building Authority (Robert Morris University), Series 2017, RB                                              | CUSIP: 01728RMS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1118433.71   | 0.17%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority (Geisinger Health System)                                                                                         | Geisinger Authority (Geisinger Health System), Series 2017 A-1, Ref. RB                                                                                | CUSIP: 368497HP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15007255.50  | 2.22%             | 2045-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA General Purpose Authority (St. Luke's University Health Network)                                          | Northampton (County of), PA General Purpose Authority (St. Luke's University Health Network), Series 2016, Ref. RB                                     | CUSIP: 66353RCD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1136773.40   | 0.17%             | 2046-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The))                                                | Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The)), Series 2017 A, Ref. RB                                         | CUSIP: 08452RAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $965782.50    | 0.14%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (University Square Apartments)                                        | Philadelphia (City of), PA Authority for Industrial Development (University Square Apartments), Series 2017, RB                                        | CUSIP: 717908AH0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11302753.00  | 1.68%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of)                                                                                                        | Pennsylvania (Commonwealth of), First Series 2020, GO Bonds                                                                                            | CUSIP: 70914PS94<br>LEI: 549300WICSGUHKHF1T85 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3523187.00   | 0.52%             | 2040-05-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (Waverly Heights Ltd.)                                                    | Montgomery (County of), PA Industrial Development Authority (Waverly Heights Ltd.), Series 2019, Ref. RB                                               | CUSIP: 613609K54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1431817.20   | 0.21%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (Meadwood Senior Living)                                                  | Montgomery (County of), PA Industrial Development Authority (Meadwood Senior Living), Series 2018 A, Ref. RB                                           | CUSIP: 613609F92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4704092.00   | 0.70%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2017 B-1, RB                                                                                | CUSIP: 709224WR6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1636808.35   | 0.24%             | 2047-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of Puerto Rico                                                                                                             | University of Puerto Rico, Series 2006 Q, RB                                                                                                           | CUSIP: 914811PQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1275762.15   | 0.19%             | 2030-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.)                                  | Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.), Series 2020 C, RB                                | CUSIP: 61360PCM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1970000 | PA      | $1889661.23   | 0.28%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Higher Education & Health Authority (Holy Redeemer Health System)                                          | Montgomery (County of), PA Higher Education & Health Authority (Holy Redeemer Health System), Series 2014 A, Ref. RB                                   | CUSIP: 613603TJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000535.30   | 0.15%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                 | Puerto Rico Sales Tax Financing Corp., Series 2019 A-2, RB                                                                                             | CUSIP: 74529JRL1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   1216000 | PA      | $1074245.89   | 0.16%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Philadelphia School District (The)                                                                                                    | Philadelphia School District (The), Series 2019 A, GO Bonds                                                                                            | CUSIP: 717883WG3<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1494216.60   | 0.22%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.)                                                         | Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.), Series 2018, Ref. RB                                                    | CUSIP: 353273BZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7080000 | PA      | $5735889.61   | 0.85%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Parking Authority (The)                                                                                    | Philadelphia (City of), PA Parking Authority (The), Series 1999 A, RB                                                                                  | CUSIP: 717842FX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20043.88     | 0.00%             | 2029-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lancaster (County of), PA Hospital Authority (Masonic Villages)                                                                       | Lancaster (County of), PA Hospital Authority (Masonic Villages), Series 2023, Ref. RB                                                                  | CUSIP: 514045X81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049459.90   | 0.16%             | 2038-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Residential Finance Authority (Allegheny Independence House Apartments)                                     | Allegheny (County of), PA Residential Finance Authority (Allegheny Independence House Apartments), Series 2007 B, RB                                   | CUSIP: 017353AK9<br>LEI: 549300VWEYQR7GL42W15 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1040006.24   | 0.15%             | 2043-01-20      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (University of Pennsylvania Health System)                     | Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (University of Pennsylvania Health System), Series 2019, RB                     | CUSIP: 70917S6W8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8863971.00   | 1.31%             | 2044-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Sanitary Authority                                                                                          | Allegheny (County of), PA Sanitary Authority, Series 2022, RB                                                                                          | CUSIP: 017357N75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3416819.58   | 0.51%             | 2052-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                 | Children's Trust Fund, Series 2005 A, RB                                                                                                               | CUSIP: 16876QBJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  48320000 | PA      | $9329045.76   | 1.38%             | 2050-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Presbyterian Senior Living)                                  | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Presbyterian Senior Living), Series 2021, Ref. RB                             | CUSIP: 70869PNK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6330000 | PA      | $5210976.27   | 0.77%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A, GO Bonds                                                                                                 | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1400565.60   | 0.21%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue)                             | Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue), Series 2018 A, Ref. RB                      | CUSIP: 01728A4A1<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6022263.75   | 0.89%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.)                                  | Montgomery (County of), PA Industrial Development Authority (ACTS Retirement-Life Communities, Inc.), Series 2020 C, RB                                | CUSIP: 61360PCL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $301462.04    | 0.04%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2009 E, RB                                                                                  | CUSIP: 709223XW6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |  11435000 | PA      | $11977705.10  | 1.78%             | 2038-12-01      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Northeastern Pennsylvania (Commonwealth of) Hospital & Education Authority (Kings College)                                            | Northeastern Pennsylvania (Commonwealth of) Hospital & Education Authority (Kings College), Series 2019, RB                                            | CUSIP: 664551DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $2790765.76   | 0.41%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Public School Building Authority (Philadelphia School District)                                        | Pennsylvania (Commonwealth of) Public School Building Authority (Philadelphia School District), Series 2016 A, Ref. RB                                 | CUSIP: 85732GUG3<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5109276.50   | 0.76%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                         | Puerto Rico (Commonwealth of), Subseries 2022, RN                                                                                                      | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   5916484 | PA      | $3719989.25   | 0.55%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                 | Children's Trust Fund, Series 2008 A, RB                                                                                                               | CUSIP: 16876QBL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        | 415530000 | PA      | $20377134.12  | 3.02%             | 2057-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pittsburgh (City of), PA Urban Redevelopment Authority (Marian Plaza)                                                                 | Pittsburgh (City of), PA Urban Redevelopment Authority (Marian Plaza), Series 2007, RB                                                                 | CUSIP: 72530PAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2285000 | PA      | $2285589.07   | 0.34%             | 2043-01-20      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Northern Mariana Islands (Commonwealth of) Ports Authority                                                                            | Northern Mariana Islands (Commonwealth of) Ports Authority, Series 1998 A, RB                                                                          | CUSIP: 66537RAP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $321948.24    | 0.05%             | 2028-03-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Villanova University)                                        | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Villanova University), Series 2024, RB                                        | CUSIP: 70869PQC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $5521555.00   | 0.82%             | 2054-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| East Hempfield (Township of), PA Industrial Development Authority (Willow Valley Communities)                                         | East Hempfield (Township of), PA Industrial Development Authority (Willow Valley Communities), Series 2016, Ref. RB                                    | CUSIP: 273007CN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3150000 | PA      | $3148514.46   | 0.47%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Presbyterian Senior Living)                                  | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Presbyterian Senior Living), Series 2023, RB                                  | CUSIP: 70869PPB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1246036.61   | 0.18%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Scranton School District                                                                                                              | Scranton School District, Series 2017 E, Ref. GO Bonds                                                                                                 | CUSIP: 810827XG5<br>LEI: 549300SDNGI3OKNOUW62 | Long             | DBT              | MUN               | US        |    820000 | PA      | $845743.49    | 0.13%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lehigh (County of), PA General Purpose Authority (Kidspeace Obligation Group)                                                         | Lehigh (County of), PA General Purpose Authority (Kidspeace Obligation Group), Series 2014 C, RB                                                       | CUSIP: 52480RCH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1197444 | PA      | $6102.41      | 0.00%             | 2044-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Green Woods Charter school)                                          | Philadelphia (City of), PA Authority for Industrial Development (Green Woods Charter school), Series 2022 A, Ref. RB                                   | CUSIP: 71780CBR0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $919592.00    | 0.14%             | 2057-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Widener College)                                              | Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (Widener College), Series 2014, Ref. RB                                         | CUSIP: 70917SLY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $960818.00    | 0.14%             | 2038-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                         | Puerto Rico (Commonwealth of), Series 2021 A-1, GO Bonds                                                                                               | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1432560 | PA      | $1481611.28   | 0.22%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (International Apartments at Temple University)                       | Philadelphia (City of), PA Authority for Industrial Development (International Apartments at Temple University), Series 2010 A, IDR                    | CUSIP: 7178185C8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3070000.00   | 0.46%             | 2042-06-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                                                                      | Commonwealth Financing Authority, Series 2018, RB                                                                                                      | CUSIP: 20282EAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2725000 | PA      | $2606167.93   | 0.39%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services)                                             | Chester (County of), PA Health & Education Facilities Authority (Simpson Senior Services), Series 2019, Ref. RB                                        | CUSIP: 165579GN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $100651.38    | 0.01%             | 2029-12-01      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Montgomery (County of), PA Higher Education & Health Authority (Holy Redeemer Health System)                                          | Montgomery (County of), PA Higher Education & Health Authority (Holy Redeemer Health System), Series 2014 A, Ref. RB                                   | CUSIP: 613603TH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1200473.88   | 0.18%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton (County of), PA Industrial Development Authority (Morningstar Senior Living, Inc.)                                        | Northampton (County of), PA Industrial Development Authority (Morningstar Senior Living, Inc.), Series 2019, Ref. RB                                   | CUSIP: 663549NT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $469673.00    | 0.07%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Social Bonds)                                                        | Philadelphia (City of), PA Authority for Industrial Development (Social Bonds), Series 2024, Ref. RB                                                   | CUSIP: 71780CBY5<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1078774.26   | 0.16%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                                                                         | Allentown Neighborhood Improvement Zone Development Authority, Series 2025, RB                                                                         | CUSIP: 018444CH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2068566.20   | 0.31%             | 2042-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Turnpike Commission                                                                                    | Pennsylvania (Commonwealth of) Turnpike Commission, Series 2022 B, Ref. RB                                                                             | CUSIP: 709225GL4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3063535.80   | 0.45%             | 2052-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (La Salle University)                                          | Pennsylvania (Commonwealth of) Higher Educational Facilities Authority (La Salle University), Series 2012, RB                                          | CUSIP: 70917R7G4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $823036.43    | 0.12%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA (1998 General Ordinance)                                                                                   | Philadelphia (City of), PA (1998 General Ordinance), Series 2024, RB                                                                                   | CUSIP: 71783MDE2<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   5900000 | PA      | $6009840.89   | 0.89%             | 2049-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lehigh (County of), PA (Lehigh Valley Health Network)                                                                                 | Lehigh (County of), PA (Lehigh Valley Health Network), Series 2019 A, Ref. RB                                                                          | CUSIP: 52480GDU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9751610.00   | 1.45%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds)

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Principal Financial Officer and Treasurer