# EDGAR Filing Document

**Accession Number:** 0001485894
**File Stem:** 0002071691-25-004180
**Filing Date:** 2025-10
**Character Count:** 957555
**Document Hash:** f92bd216956ec8986dfa89cbe425c8c4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-004180.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0002071691-25-004180

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** J.P. Morgan Exchange-Traded Fund Trust
- **CENTRAL INDEX KEY:** 0001485894

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22903
- **FILM NUMBER:** 251429195

**BUSINESS ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172
- **BUSINESS PHONE:** (800) 480-4111

**MAIL ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172

## Series and Classes Contracts Data

### JPMorgan Ultra-Short Municipal Income ETF (Series ID: S000063269)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000205216 | JPMorgan Ultra-Short Municipal Income ETF | JMST            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** J.P. Morgan Exchange-Traded Fund Trust

- **b. Investment Company Act file number:** 811-22903

- **c. CIK number of Registrant:** 0001485894

- **d. LEI of Registrant:** 5493001E1K1DVWDV2464

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

  - **Street Address 1:** 277 Park Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10172

  - **Telephone number:** 844-457-6383

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

- **a. Name of Series:** JPMorgan Ultra-Short Municipal Income ETF

- **b. EDGAR series identifier (if any):** S000063269

- **c. LEI of Series:** 549300C27W430AWFZC05

**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:** $4414385033.81

**Total Liabilities:** $14404771.70

**Net Assets:** $4399980262.11

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 11856.79747000 | **1-Year:** 148584.72392000 | **5-Year:** 114966.00093000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 6668.47685000 | **1-Year:** 50010.62780000 | **5-Year:** 141.50668000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000205216 | 0.36%                | 0.40%                | 0.30%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-130573.54              | $4859289.64                                |
| Month 2  | $212605.98               | $5849149.01                                |
| Month 3  | $-25323.15               | $3264892.36                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                                             | Title                                                                                                                                            | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Borough of Matanuska-Susitna AK                                                  | Borough of Matanuska-Susitna, Goose Creek Correctional Center Project, Series 2025A                                                              | CUSIP: 576553CJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3175000 | PA      | $3463885.95   | 0.08%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, LCRA Transmission Services Corp., Project, Series 2022                                                           | CUSIP: 54811BXZ9<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     80000 | PA      | $81357.81     | 0.00%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brocton Central School District                                                  | Brocton Central School District                                                                                                                  | CUSIP: 112012FB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10199710 | PA      | $10312491.25  | 0.23%             | 2026-06-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | South Carolina Public Service Authority, Series 2016A                                                                                            | CUSIP: 837151PJ2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25390.24     | 0.00%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, School Facilities Construction, Series 2023RRR                                                        | CUSIP: 64577XEN2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40476.91     | 0.00%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2019A                                                                                                                 | CUSIP: 54641CAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Woburn MA                                                                | City of Woburn, Municipal Purpose Loan                                                                                                           | CUSIP: 977521F32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99973.27     | 0.00%             | 2025-11-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2015A                                                                                                               | CUSIP: 605581ED5<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50104.64     | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut Special Tax, Series 2021D                                                                                                   | CUSIP: 207758F65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251034.35    | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine School Administrative District No. 51                                      | Maine School Administrative District No. 51, Series 2025A                                                                                        | CUSIP: 807688KV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9600000 | PA      | $9655299.84   | 0.22%             | 2025-12-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Gouverneur Central School District                                               | Gouverneur Central School District                                                                                                               | CUSIP: 383622DS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20192838.00  | 0.46%             | 2026-07-16      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Hawaii State Highway Fund                                               | State of Hawaii State Highway Fund, Series B                                                                                                     | CUSIP: 41981CNS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35706.59     | 0.00%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, Series 2017C-1                                                                  | CUSIP: 89602RCC7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20108.12     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                             | School District of Broward County, Florida Certificates of Participation, Series A                                                               | CUSIP: 115065YY4<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |    350000 | PA      | $356569.85    | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Bridge Enterprise                                                       | Colorado Bridge Enterprise, Series 2019A                                                                                                         | CUSIP: 19633SAW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76392.22     | 0.00%             | 2026-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                              | City of St. Cloud, Centracare Health System, Series 2016A                                                                                        | CUSIP: 78916VDK3<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |    280000 | PA      | $284221.92    | 0.01%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Scotia NY                                                             | Village of Scotia                                                                                                                                | CUSIP: 809273DS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10585000 | PA      | $10691280.81  | 0.24%             | 2026-06-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Tulsa County Independent School District No. 1 Tulsa                             | Tulsa County Independent School District No. 1 Tulsa, Series 2025A                                                                               | CUSIP: 899525WS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5225000 | PA      | $5501004.88   | 0.13%             | 2030-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2018-1                                                                                                | CUSIP: 64990GEW8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    110000 | PA      | $116815.67    | 0.00%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2022A                                                                                                                  | CUSIP: 452153CN7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51722.73     | 0.00%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Tennessee                                                               | State of Tennessee, Series 2021A                                                                                                                 | CUSIP: 880541C62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20085.08     | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Township of Woodbridge NJ                                                        | Township of Woodbridge                                                                                                                           | CUSIP: 9788622V1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9977000 | PA      | $9991366.88   | 0.23%             | 2025-10-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Borough of Flemington NJ                                                         | Borough of Flemington, Series 2025A                                                                                                              | CUSIP: 339261GC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7079000 | PA      | $7126689.81   | 0.16%             | 2026-01-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                | North Carolina Turnpike Authority, Triangle Expressway System, Senior Lien, Series 2017                                                          | CUSIP: 65830RBF5<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515243.40    | 0.01%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | County of Miami-Dade, Water and Sewer System, Series 2015                                                                                        | CUSIP: 59334DHY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $666339.64    | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, First Tier, Series 2020A                                                                                          | CUSIP: 66285WZQ2<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    125000 | PA      | $126038.30    | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority Future Tax Secured, Series 2018 -1                                                                  | CUSIP: 64971W7M6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $195813.31    | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Madison WI                                                               | City of Madison, Series 2021A                                                                                                                    | CUSIP: 55844RVA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20369.27     | 0.00%             | 2026-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nassau County Sewer & Storm Water Finance Authority                              | Nassau County Sewer and Storm Water Finance Authority, Series A                                                                                  | CUSIP: 63166QBZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000384.00   | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Second Tier, Series 2019B                                                                                         | CUSIP: 66285WZJ8<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    235000 | PA      | $243282.83    | 0.01%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pima County Regional Transportation Authority Excise Tax Revenue                 | Pima County Regional Transportation Authority Excise Tax, Series 2017                                                                            | CUSIP: 72178RBT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76451.35     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                   | Empire State Development Corp., State Personal Income Tax, Series 2016A                                                                          | CUSIP: 650036GN0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     85000 | PA      | $86229.01     | 0.00%             | 2026-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2019A                                                                                                               | CUSIP: 20772KFX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $545913.60    | 0.01%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2019A                                                                                                                  | CUSIP: 4521525F4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     80000 | PA      | $82159.34     | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Federal Highway, Series 2020                                                                                               | CUSIP: 25483VWQ3<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     45000 | PA      | $48541.04     | 0.00%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston, Combined Utility System, First Lien, Series 2018C                                                                               | CUSIP: 44244CN94<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  40000000 | PA      | $40000000.00  | 0.91%             | 2034-05-15      | Variable      | 2.98%                 | No            |                  2 | On Loan: No      |
| New York City Health and Hospitals Corp.                                         | New York City Health and Hospitals Corp., Health System, Series 2008B                                                                            | CUSIP: 649674GR3<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1620000 | PA      | $1620000.00   | 0.04%             | 2031-02-15      | Variable      | 2.78%                 | No            |                  2 | On Loan: No      |
| Nebraska Public Power District                                                   | Nebraska Public Power District, Series A-1                                                                                                       | CUSIP: 63968AZQ1<br>LEI: 5493001J0BLQRMOJKP23 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75134.69     | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Series 2015A                                                                                                                   | CUSIP: 414005UJ5<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1392623.21   | 0.03%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission                                                                                                                 | CUSIP: 7092248P7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | STIV             | MUN               | US        |  38000000 | PA      | $38000000.00  | 0.86%             | 2039-12-01      | Variable      | 2.72%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas Department of Transportation, Series 2025A                                                                                       | CUSIP: 485424TN5<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |   4375000 | PA      | $4719641.06   | 0.11%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Newburgh NY                                                              | Town of Newburgh                                                                                                                                 | CUSIP: 65087RBL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3826644.46   | 0.09%             | 2026-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2016-6                                                                                                                 | CUSIP: 452152D32<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    585000 | PA      | $595143.26    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 115                                                                                 | CUSIP: 49151FTC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1475195.09   | 0.03%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge and Tunnel Authority, Series 2023B-2                                                                                           | CUSIP: 89602RKY0<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25828.73     | 0.00%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Rush University Medical Center Obligated Group, Series 2015A                                                         | CUSIP: 45203HN57<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1341307.04   | 0.03%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Collin County Community College District                                         | Collin County Community College District, Series 2020A                                                                                           | CUSIP: 194741HH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53673.24     | 0.00%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, State Revolving Fund Program, Series 2018A                                                                            | CUSIP: 45506DR64<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     55000 | PA      | $58502.27     | 0.00%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Huber Heights OH                                                         | City of Huber Heights, Income Tax                                                                                                                | CUSIP: 44353ABN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5750000 | PA      | $5815459.15   | 0.13%             | 2026-06-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Florida Department of Management Services                                        | Florida Department of Management Services, Series 2018A                                                                                          | CUSIP: 34160PEB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $929931.64    | 0.02%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | Florida Municipal Power Agency, All-Requirements Power Supply Project, Series 2017A                                                              | CUSIP: 342816N84<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |    340000 | PA      | $340685.95    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | JEA Water and Sewer System, Series 2008A-1                                                                                                       | CUSIP: 46613PVW3<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  12100000 | PA      | $12100000.00  | 0.28%             | 2038-10-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Wisconsin Department of Transportation                                           | Wisconsin Department of Transportation, Series 2017-1                                                                                            | CUSIP: 977123Q50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $68222.65     | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, Adventist Health System, Series 2016C                                                                      | CUSIP: 1964745K2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3184486.47   | 0.07%             | 2036-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                              | City of St. Cloud, Centracare Health System, Series 2016A                                                                                        | CUSIP: 78916VDN7<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55849.15     | 0.00%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                        | Metropolitan Government of Nashville and Davidson County                                                                                         | CUSIP: 592112SJ6<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30602.50     | 0.00%             | 2026-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2018B                                                                                                                  | CUSIP: 4521522X8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35064.93     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | Port of Seattle, Intermediate Lien, Series C                                                                                                     | CUSIP: 735389WF1<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2101912.47   | 0.05%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | New Jersey Turnpike Authority, Series 2014A                                                                                                      | CUSIP: 6461394W2<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |    825000 | PA      | $826559.42    | 0.02%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2016A-1                                                                                                 | CUSIP: 709224PW3<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50871.96     | 0.00%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Management Services                                        | Florida Department of Management Services, Series 2018A                                                                                          | CUSIP: 34160PEA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $432389.29    | 0.01%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, General Airport, Senior Lien, Series A                                                                     | CUSIP: 167593YX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $72308.45     | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series 2017A                                                                                                      | CUSIP: 882854ZT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115352.34    | 0.00%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, University of Chicago, Series 2020A                                                                                  | CUSIP: 45204FAC9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25392.58     | 0.00%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2017D                                                                                                                  | CUSIP: 452152P96<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $2019694.41   | 0.05%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wilson Central School District                                                   | Wilson Central School District                                                                                                                   | CUSIP: 972265ES7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6723684 | PA      | $6794524.06   | 0.15%             | 2026-06-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Durham NC                                                                | City of Durham                                                                                                                                   | CUSIP: 26678PGN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $118343.66    | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FSU Financial Assistance, Inc.                                                   | FSU Financial Assistance, Inc., Series 2012C                                                                                                     | CUSIP: 302644FA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100001.03    | 0.00%             | 2025-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | State of Maryland, State and Local Facilities Loan of 2021, Series 2022D                                                                         | CUSIP: 574193VC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $63648.98     | 0.00%             | 2029-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Commerce Corp.                                                      | Rhode Island Commerce Corp., Department of Transportation, Series 2020A                                                                          | CUSIP: 762232BM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25424.18     | 0.00%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Series 2018B                                                                                                         | CUSIP: 59447TSV6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50103.34     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chandler AZ                                                              | City of Chandler, Series 2016                                                                                                                    | CUSIP: 158843XA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2097346.40   | 0.05%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority Educational Facilities, 21St Century College and Equipment Programs, Series 2023A                            | CUSIP: 92778VMJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60655.99     | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charlotte-Mecklenburg Hospital Authority (The)                                   | Charlotte-Mecklenburg Hospital Authority (The), Atrium Health Care System, Series 2021C                                                          | CUSIP: 160853VE4<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   3440000 | PA      | $3678840.92   | 0.08%             | 2050-01-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Arizona Lottery Revenue                                                 | State of Arizona Lottery                                                                                                                         | CUSIP: 040624BK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $199160.68    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hudson County Improvement Authority                                              | Hudson County Improvement Authority, Courthouse Project                                                                                          | CUSIP: 443730PJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $120131.52    | 0.00%             | 2025-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | City of Houston Airport System, Subordinate Lien, Series 2018B                                                                                   | CUSIP: 442349BD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $229724.33    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | City of Philadelphia Water and Wastewater, Series 2016                                                                                           | CUSIP: 717893ZZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105210.66    | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Borough of North Slope AK                                                        | Borough of North Slope, General Purpose, Series 2021C                                                                                            | CUSIP: 662523N39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $121663.18    | 0.00%             | 2026-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Xenia Rural Water District                                                       | Xenia Rural Water District, Capital Loan Notes                                                                                                   | CUSIP: 98410ADE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $190970.43    | 0.00%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Curators of the University of Missouri (The)                                     | Curators of the University of Missouri (The), Series 2024                                                                                        | CUSIP: 231266MT1<br>LEI: G0G4PRB87K0V5MXIV248 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1624089.90   | 0.04%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lakeland FL Department of Electric Utilities                             | City of Lakeland, Department of Electric Utilities, Series 2010A                                                                                 | CUSIP: 51166FCH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1080458.70   | 0.02%             | 2028-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | County of Miami-Dade, Aviation System, Series A                                                                                                  | CUSIP: 59333PT24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2105000 | PA      | $2157856.97   | 0.05%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                      | Long Island Power Authority, Electric System                                                                                                     | CUSIP: 542691AE0<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |    125000 | PA      | $125000.00    | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Aurora CO Water Revenue                                                  | City of Aurora, Series 2016                                                                                                                      | CUSIP: 051595BD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $296831.36    | 0.01%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of North Olmsted OH                                                         | City of North Olmsted, Various Purpose                                                                                                           | CUSIP: 661292ZF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2875000 | PA      | $2899618.05   | 0.07%             | 2026-06-24      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| County of Montgomery MD                                                          | County of Montgomery, Public Facilities Projects, Series 2020A                                                                                   | CUSIP: 61334ECG1<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25050.36     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Public Education Capital Outlay, Series 2021B                                                                                  | CUSIP: 34153QUY0<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     40000 | PA      | $43838.77     | 0.00%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas A&M University                                                             | Texas A&M University, Financing System, Series 2017C                                                                                             | CUSIP: 88213AJF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $83222.49     | 0.00%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FYI Properties                                                                   | FYI Properties, State of Washington District Project, Series 2019                                                                                | CUSIP: 302716BE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $305535.66    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                              | County of Nassau, Series 2016B                                                                                                                   | CUSIP: 63165TRK3<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51118.22     | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | New Jersey Health Care Facilities Financing Authority, RWJ Barnabas Health Obligated Group, Series 2016A                                         | CUSIP: 645790FF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56131.95     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2018L                                                                                                                  | CUSIP: 19668QJQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $150911.01    | 0.00%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Henry Ford Health System                                                                                             | CUSIP: 59447TMC4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    575000 | PA      | $591392.79    | 0.01%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp.                                               | Mississippi Business Finance Corp., Gulf Opportunity Zone Industrial Development, Chevron USA, Inc., Project, Series 2007B                       | CUSIP: 60528AAT1<br>LEI: 549300DYV074JUDKBQ77 | Long             | STIV             | MUN               | US        |  20000000 | PA      | $20000000.00  | 0.45%             | 2030-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | County of Miami-Dade, Series 2016B                                                                                                               | CUSIP: 59333ND26<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    280000 | PA      | $284308.11    | 0.01%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | State of Hawaii, Series FH                                                                                                                       | CUSIP: 419792MH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $138930.44    | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GCS School Building Corp. One                                                    | GCS School Building Corp. One, Unlimited Ad Valorem Property Tax First Mortgage                                                                  | CUSIP: 36828VGP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45368.32     | 0.00%             | 2026-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County School Board                                                     | Sarasota County School Board, Florida Certificates of Participation Master Lease Program, Series 2022A                                           | CUSIP: 80330QCQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $260366.12    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | Michigan State Housing Development Authority, Rental Housing, Series 2024A                                                                       | CUSIP: 59465PEU8<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |  11250000 | PA      | $11252540.25  | 0.26%             | 2029-10-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Wisconsin Department of Transportation                                           | Wisconsin Department of Transportation, Series 2025-1                                                                                            | CUSIP: 9771235A2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3291615.00   | 0.07%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, Sanford Health, Series 2019A                                                                               | CUSIP: 19648FPG3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    190000 | PA      | $205881.42    | 0.00%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Article XI-M, XI-N and XI-P State Grant Program, Series 2019D                                                                   | CUSIP: 68609TKD9<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51001.03     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                     | Orlando Utilities Commission, Series 2012A                                                                                                       | CUSIP: 686507FL3<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |    310000 | PA      | $310614.30    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                        | Harris County Cultural Education Facilities Finance Corp., Memorial Hermann Health System, Series 2019A                                          | CUSIP: 414009ML1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $98943.84     | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chattanooga TN Electric Revenue                                          | City of Chattanooga Electric, Series 2015A                                                                                                       | CUSIP: 162393EN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1065000.00   | 0.02%             | 2030-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Borough of Mountain Lakes NJ                                                     | Borough of Mountain Lakes                                                                                                                        | CUSIP: 624199KK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3146760 | PA      | $3151479.83   | 0.07%             | 2025-10-10      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Transportation System, Series 2018A                                                              | CUSIP: 6461363Y5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     70000 | PA      | $73935.13     | 0.00%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Kansas City MO                                                           | City of Kansas City, Missouri Special Obligation Refunding and Improvement, Main Streetcar Extension Project, Series 2022C                       | CUSIP: 485106YM4<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |    210000 | PA      | $210000.00    | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Utah Power Supply, Series 2023A                                                                                      | CUSIP: 45884AE41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $142745.32    | 0.00%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Building Authority                                                    | New Jersey Building Authority, Series 2016A                                                                                                      | CUSIP: 645771YX8<br>LEI: 549300YJLPPJFRLYB368 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40820.64     | 0.00%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2020B                                                                                            | CUSIP: 2350365S5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30120.66     | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2025, Series 2025-J, Subseries J-1                    | CUSIP: 64972JTY4<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2755000 | PA      | $3033936.86   | 0.07%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                          | Massachusetts School Building Authority, Dedicated Sales Tax, Series 2016A                                                                       | CUSIP: 576000TT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25127.67     | 0.00%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta, Water and Wastewater                                                                                                            | CUSIP: 047870MU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $195393.74    | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Environmental Protection                                   | Florida Department of Environmental Protection, Series 2018A                                                                                     | CUSIP: 34160WB86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26773.89     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | New Jersey Health Care Facilities Financing Authority, Virtua Health Obligated Group, Series 2013                                                | CUSIP: 645790RU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $191316.34    | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston, Combined Utility System, First Lien, Series 2017B                                                                               | CUSIP: 44244CNG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $47269.89     | 0.00%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Truckee Meadows Water Authority                                                  | Truckee Meadows Water Authority, Series 2017                                                                                                     | CUSIP: 897825HB4<br>LEI: 549300GC367BYY1WT202 | Long             | DBT              | MUN               | US        |    150000 | PA      | $153262.01    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2016D                                                                                                                 | CUSIP: 5464152V1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2017D                                                                                                                  | CUSIP: 452152Q20<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3010000 | PA      | $3166007.10   | 0.07%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2023B                                                                                            | CUSIP: 23503CCM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1583584.95   | 0.04%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | Port of Seattle, Intermediate Lien, Series 2016                                                                                                  | CUSIP: 735389YH5<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30299.78     | 0.00%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Senior Lien, Series 2021                                                                                   | CUSIP: 153476GL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $314191.53    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health and Educational Facilities Authority, Advocate Aurora Health Credit Group, Series 2018C-4                                       | CUSIP: 97712JHE6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6455044.20   | 0.15%             | 2054-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Madrid-Waddington Central School District                                        | Madrid-Waddington Central School District                                                                                                        | CUSIP: 558855HR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4457500 | PA      | $4494321.18   | 0.10%             | 2026-07-24      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co.                                                       | Philadelphia Gas Works Co., 1998 General Ordinance, Series 14TH                                                                                  | CUSIP: 7178238D3<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |    175000 | PA      | $179538.75    | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | Health and Educational Facilities Authority of the State of Missouri, Series 2021C                                                               | CUSIP: 60637ATR3<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |  18210000 | PA      | $19327303.69  | 0.44%             | 2052-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Transportation Commission Mobility Fund, Series 2015A                                                                            | CUSIP: 882723ZM4<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20033.23     | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 112, Series B                                                                       | CUSIP: 49151FNK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $638940.32    | 0.01%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | Metropolitan Transportation Authority Dedicated Tax Fund, Series 2016A                                                                           | CUSIP: 59259N2S1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |     90000 | PA      | $90484.48     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Clean Water Initiative Revolving Fund                                                                                | CUSIP: 45204EXS2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2820000 | PA      | $2915598.85   | 0.07%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miamisburg City School District                                                  | Miamisburg City School District, Series 2016                                                                                                     | CUSIP: 593881LC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $392444.52    | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New Jersey                                                              | State of New Jersey, COVID-19 Emergency Bonds, Series 2020A                                                                                      | CUSIP: 646039YN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $54580.77     | 0.00%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2020D                                                                                                                  | CUSIP: 4521527N5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75139.13     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Edward Elmhurst Healthcare, Series 2017A                                                                             | CUSIP: 45204ERH3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51656.09     | 0.00%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Health Care Facilities, Baptist Health, Series 2019C                                                                       | CUSIP: 469400DY8<br>LEI: 549300XQE0JVN9WV0J40 | Long             | STIV             | MUN               | US        |  17400000 | PA      | $17400000.00  | 0.40%             | 2036-08-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                             | School District of Broward County, Florida Certificates of Participation, Series B                                                               | CUSIP: 115065ZH0<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |    375000 | PA      | $382480.43    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | Kentucky Economic Development Finance Authority, Norton Healthcare, Inc., Series 2000B                                                           | CUSIP: 49126VCK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $218136.63    | 0.00%             | 2028-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Township of Lopatcong NJ                                                         | Township of Lopatcong                                                                                                                            | CUSIP: 543536DD5<br>LEI: 5493005YSTVXIV0T8347 | Long             | DBT              | MUN               | US        |   4959127 | PA      | $4990335.28   | 0.11%             | 2026-03-27      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida Board of Education, Public Education Capital Outlay, Series 2023A                                                               | CUSIP: 34153QWX0<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |    155000 | PA      | $158103.18    | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colton Joint Unified School District                                             | Colton Joint Unified School District, Election of 2008, Series 2010B                                                                             | CUSIP: 197036JC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $67297.58     | 0.00%             | 2035-08-01      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2022E                                                                                                               | CUSIP: 20772KSE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37886.97     | 0.00%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Colorado                                                           | University of Colorado, Series 2007A                                                                                                             | CUSIP: 91417KJX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $112136.89    | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2019D                                                                                                                | CUSIP: 939720T99<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    180000 | PA      | $183853.21    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | Port of Seattle, Intermediate Lien, Series A                                                                                                     | CUSIP: 735389YL6<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104301.77    | 0.00%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2015A                                                                                                               | CUSIP: 605581EK9<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200259.34    | 0.00%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana University                                                               | Indiana University, Series 2015A                                                                                                                 | CUSIP: 455168BZ6<br>LEI: B4CW783SY7V2XEFJSQ64 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100190.30    | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Management Services                                        | Florida Department of Management Services, Series 2018A                                                                                          | CUSIP: 34160PED7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $55083.23     | 0.00%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gloucester MA                                                            | City of Gloucester                                                                                                                               | CUSIP: 379713QM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45051.42     | 0.00%             | 2025-10-03      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta Water and Wastewater, Series 2004                                                                                                | CUSIP: 047870EZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1450115.60   | 0.03%             | 2027-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hillsborough County School Board                                                 | Hillsborough County School Board, Master Lease Program                                                                                           | CUSIP: 43232VUZ2<br>LEI: 549300E7JND1K3JLOI29 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3316455.95   | 0.08%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                                    | Alabama Federal Aid Highway Finance Authority, Series A                                                                                          | CUSIP: 010268BY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $97909.10     | 0.00%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2023D                                                                                                 | CUSIP: 65000BC30<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26381.53     | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Huber Heights OH                                                         | City of Huber Heights, Various Purpose                                                                                                           | CUSIP: 443524XD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10173219.00  | 0.23%             | 2026-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, State Infrastructure Project, Series 2018-1                                                                                       | CUSIP: 677581GU8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20667.98     | 0.00%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Facilities Program, Series 2023-I                                                                             | CUSIP: 594615KQ8<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  20000000 | PA      | $20000000.00  | 0.45%             | 2058-04-15      | Variable      | 2.83%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2020B                                                                                                                  | CUSIP: 4521526P1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40074.20     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE Electric System Revenue                                       | City of Lincoln, Electric System, Series 2020A                                                                                                   | CUSIP: 534272K81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76975.09     | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Sewage Disposal System Revenue                       | Great Lakes Water Authority Sewage Disposal System, Senior Lien, Series 2024A                                                                    | CUSIP: 39081HFJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $153206.51    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alaska Municipal Bond Bank Authority                                             | Alaska Municipal Bond Bank Authority, Series 3                                                                                                   | CUSIP: 01179RSX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56677.65     | 0.00%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2025, Series 2025C, Subseries C-1                                  | CUSIP: 64972JLS5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5341423.50   | 0.12%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School Board of Miami-Dade County (The)                                          | School Board of Miami-Dade County (The), Florida Certificates of Participation, Series 2016B                                                     | CUSIP: 59333MR23<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25539.70     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL                                                                | County of Cook, Series 2021A                                                                                                                     | CUSIP: 213185LS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75369.40     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chattanooga TN                                                           | City of Chattanooga                                                                                                                              | CUSIP: 162376AM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $140041.51    | 0.00%             | 2025-10-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, Children's Hospital Colorado Project, Series C                                                             | CUSIP: 19648A7V1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |     85000 | PA      | $86441.40     | 0.00%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2024                                                                                                                | CUSIP: 469487VH2<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |    720000 | PA      | $721456.34    | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Second Tier, Series 2019B                                                                                         | CUSIP: 66285WZK5<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |     50000 | PA      | $52878.33     | 0.00%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Portland OR Sewer System Revenue                                         | City of Portland Sewer System, Senior Lien, Series 2020A                                                                                         | CUSIP: 736742B30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50643.59     | 0.00%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of South Kingstown RI                                                       | Town of South Kingstown                                                                                                                          | CUSIP: 838566S40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  25000000 | PA      | $25277675.00  | 0.57%             | 2026-06-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of New Castle DE                                                          | County of New Castle, Series 2015                                                                                                                | CUSIP: 64327TDV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45091.96     | 0.00%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | City of Dallas Waterworks and Sewer System, Series 2020C                                                                                         | CUSIP: 23542JRK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125257.40    | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Connecticut                                                        | University of Connecticut, Series 2015A                                                                                                          | CUSIP: 914233A43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25046.25     | 0.00%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Iowa (The)                                                         | University of Iowa (The), Parking System, Series 2023                                                                                            | CUSIP: 8575364D5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  24140000 | PA      | $24160736.26  | 0.55%             | 2026-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Nebraska Public Power District                                                   | Nebraska Public Power District, Series 2023A                                                                                                     | CUSIP: 63968A7W9<br>LEI: 5493001J0BLQRMOJKP23 | Long             | DBT              | MUN               | US        |    375000 | PA      | $397637.06    | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Pawtucket RI                                                             | City of Pawtucket, Series 2024-2                                                                                                                 | CUSIP: 7041654L0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2903807.70   | 0.07%             | 2025-10-24      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | Louisiana Public Facilities Authority, Ochsner Clinic Foundation Project, Series 2002B                                                           | CUSIP: 546398DH8<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25525.87     | 0.00%             | 2027-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                          | City of Philadelphia, Series 2017A                                                                                                               | CUSIP: 717813VK2<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |     85000 | PA      | $86928.21     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United Nations Development Corp.                                                 | United Nations Development Corp., Series 2019A                                                                                                   | CUSIP: 911157LU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $148045.54    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Via Metropolitan Transit                                                         | Via Metropolitan Transit                                                                                                                         | CUSIP: 92555RAJ5<br>LEI: 549300JAPHDC9HLZQY91 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45998.56     | 0.00%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                       | Tarrant County Cultural Education Facilities Finance Corp., Health Resources System                                                              | CUSIP: 87638TJT1<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |  18000000 | PA      | $19497954.60  | 0.44%             | 2064-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2016B                                                                                                   | CUSIP: 709224PA1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20348.62     | 0.00%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | South Carolina Public Service Authority, Series 2016A                                                                                            | CUSIP: 837151PK9<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    250000 | PA      | $253713.55    | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Commerce Corp.                                                      | Rhode Island Commerce Corp., Department of Transportation, Series 2016B                                                                          | CUSIP: 762232AP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1033197.63   | 0.02%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Cleveland OH                                                             | City of Cleveland, Series 2015                                                                                                                   | CUSIP: 186343L23<br>LEI: 549300IQSLQPCVVMKJ96 | Long             | DBT              | MUN               | US        |     90000 | PA      | $90553.93     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monmouth County Improvement Authority (The)                                      | Monmouth County Improvement Authority (The)                                                                                                      | CUSIP: 60956PS78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  24500000 | PA      | $24671860.15  | 0.56%             | 2026-03-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, State Personal Income Tax, General Purpose, Series 2018A                                                     | CUSIP: 64990F4V3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70974.50     | 0.00%             | 2026-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel MD                                                        | County of Anne Arundel, Series 2020                                                                                                              | CUSIP: 03588HZH2<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55107.63     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hudson Falls Central School District                                             | Hudson Falls Central School District                                                                                                             | CUSIP: 443780NT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9300000 | PA      | $9400211.22   | 0.21%             | 2026-06-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                           | City of Minneapolis, Allina Health System, Series 2023A                                                                                          | CUSIP: 60374VEW9<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |     55000 | PA      | $58250.30     | 0.00%             | 2052-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Public Finance Authority, Series A                                                                                               | CUSIP: 882724AJ6<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35996.23     | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, School Facilities Construction, Series 2023RRR                                                        | CUSIP: 64577XEQ5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     65000 | PA      | $68978.39     | 0.00%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, National Public Radio, Inc., Issue, Series 2016                                                                            | CUSIP: 25483VRG1<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25354.86     | 0.00%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Swedish Covenant Hospital, Series 2016A                                                                              | CUSIP: 45204EQF8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25600.87     | 0.00%             | 2031-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2016, Series C                                                                                                     | CUSIP: 64966L4K4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    170000 | PA      | $171868.54    | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | Louisiana Public Facilities Authority, Tulane University of Louisiana Project, Series 2016A                                                      | CUSIP: 5463986B9<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |     70000 | PA      | $72140.30     | 0.00%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, Adventhealth Obligated Group, Series 2019B                                                                 | CUSIP: 19648FXB5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2057883.00   | 0.05%             | 2049-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Parish of St. John the Baptist LA                                                | Parish of St. John the Baptist, Marathon Oil Corp., Project, Series 2017C                                                                        | CUSIP: 79020FBB1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1008672.80   | 0.02%             | 2037-06-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Icahn School of Medicine at Mount Sinai, Series 2015A                                                        | CUSIP: 64990BQA4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25033.43     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, State Revolving Fund Program, Series E                                                                                | CUSIP: 45506DZF5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50534.01     | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2016A                                                                                                                 | CUSIP: 5464153R9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Borough of Bloomingdale NJ                                                       | Borough of Bloomingdale                                                                                                                          | CUSIP: 094401JW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3638000 | PA      | $3663663.18   | 0.08%             | 2026-02-12      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, State Water Implementation Fund, Series A                                                                         | CUSIP: 882854WK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $767389.10    | 0.02%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority Future Tax Secured, Series 2019C-1                                                                  | CUSIP: 64971XJV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75312.81     | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | New Jersey Health Care Facilities Financing Authority, Valley Health System Obligated                                                            | CUSIP: 645790ML7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51020.73     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, State Personal Income Tax, General Purpose, Series 2022A                                                     | CUSIP: 64990F2C7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20815.20     | 0.00%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health and Educational Facilities Authority, Ascension Senior Credit Group, Series 2016A                                               | CUSIP: 97712D7E0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3284637.53   | 0.07%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | Maricopa County Industrial Development Authority, Banner Health, Series 2023A3                                                                   | CUSIP: 56682HDW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3190000 | PA      | $3487897.19   | 0.08%             | 2053-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Minnesota                                                          | University of Minnesota, Series 2019B                                                                                                            | CUSIP: 914460TA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25051.28     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | City of Austin, Series 2020                                                                                                                      | CUSIP: 052397ZM1<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |    105000 | PA      | $105000.00    | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                            | Tennessee State School Bond Authority, Higher Educational Facilities Second Program, Series 2015B                                                | CUSIP: 880558HV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5021450.50   | 0.11%             | 2045-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Allen OH Hospital Facilities Revenue                                   | County of Allen, Hospital Facilities, Bon Secours Mercy Health, Inc., Series 2017A                                                               | CUSIP: 01757LFR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20452.67     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston Community College System                                                 | Houston Community College System                                                                                                                 | CUSIP: 442368NH5<br>LEI: 549300UWXV516I6N3V90 | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1390640.28   | 0.03%             | 2027-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Borough of Matanuska-Susitna AK                                                  | Borough of Matanuska-Susitna, Goose Creek Correctional Center Project, Series 2025A                                                              | CUSIP: 576553CH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1477980.00   | 0.03%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Guttenberg NJ                                                            | Town of Guttenberg                                                                                                                               | CUSIP: 403478FD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8250767 | PA      | $8264894.79   | 0.19%             | 2025-10-16      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Sioux Falls School District No. 49-5/SD                                          | Sioux Falls School District No. 49-5, Series 2018A                                                                                               | CUSIP: 829596VT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20277.08     | 0.00%             | 2035-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | Commonwealth Financing Authority, Tobacco Master Settlement Payment                                                                              | CUSIP: 20282EAK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5440000 | PA      | $5784839.97   | 0.13%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement, Series A-1                                                        | CUSIP: 6461362B6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     65000 | PA      | $66274.46     | 0.00%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Truckee Meadows Water Authority                                                  | Truckee Meadows Water Authority                                                                                                                  | CUSIP: 897825HC2<br>LEI: 549300GC367BYY1WT202 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047753.50   | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, State Water Implementation Fund, Series 2020                                                                      | CUSIP: 8828543X8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $140428.93    | 0.00%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Infrastructure Improvement, Series 2023A                                                                                          | CUSIP: 677523GG1<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.00%             | 2025-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York and New Jersey, Consolidated, Series 243                                                                              | CUSIP: 73358XKS0<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20660.28     | 0.00%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, LCRA Transmission Services Corp., Project, Series 2023                                                           | CUSIP: 54811BZZ7<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    100000 | PA      | $108808.62    | 0.00%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2018, Series 2018A                                                                                                 | CUSIP: 64966MPE3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26266.37     | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County School Board                                                       | Orange County School Board, Series 2016C                                                                                                         | CUSIP: 684517RX5<br>LEI: 549300SEFJ368NVQXL34 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023098.50   | 0.02%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Independent School District No. 709                                       | Duluth Independent School District No. 709, Series 2019B                                                                                         | CUSIP: 264474HM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $416750.48    | 0.01%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Public Power District                                                   | Nebraska Public Power District, Series C                                                                                                         | CUSIP: 63968AN92<br>LEI: 5493001J0BLQRMOJKP23 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70592.94     | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2015                                                                                                        | CUSIP: 70914PYS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $676254.96    | 0.02%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Stadium Project, Series 2022A                                                                                         | CUSIP: 45506EEY5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    160000 | PA      | $174442.61    | 0.00%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Springfield MO Public Utility Revenue                                    | City of Springfield Public Utility, Series 2015                                                                                                  | CUSIP: 851018KY6<br>LEI: NDLRXEC1F2GZZETPKO45 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000585.10   | 0.02%             | 2035-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Capital Facilities Lease Appropriation, Series 2017A                                                                              | CUSIP: 67760ADR4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50308.19     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2024E                                                                                                                 | CUSIP: 546417KE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2581998.00   | 0.06%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2025B                                                                                                       | CUSIP: 70914P4Z2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6723753.75   | 0.15%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge and Tunnel Authority, Series 2023A                                                                                             | CUSIP: 89602HFE2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25813.61     | 0.00%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH Sales Tax Revenue                                          | County of Hamilton, Sales Tax, Series 2016A                                                                                                      | CUSIP: 407287MA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40257.21     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston, Public Improvement, Series 2021A                                                                                                | CUSIP: 4423316F6<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    295000 | PA      | $298885.30    | 0.01%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                           | Hillsborough County Aviation Authority, Tampa International Airport, Series 2022A                                                                | CUSIP: 432308M76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3134797.50   | 0.07%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of North Carolina                                                          | State of North Carolina, Series 2022A                                                                                                            | CUSIP: 65829QEV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101793.39    | 0.00%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2020A                                                                                                                 | CUSIP: 60412ATG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $247577.96    | 0.01%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | Philadelphia Authority for Industrial Development, Series 2019                                                                                   | CUSIP: 71781QFA1<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    205000 | PA      | $210073.42    | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co.                                                       | Philadelphia Gas Works Co., 1998 General Ordinance, Series 14TH                                                                                  | CUSIP: 7178238G6<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |    120000 | PA      | $122822.59    | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                | Oregon State Facilities Authority, Reed College Project, Series 2017A                                                                            | CUSIP: 68608JXB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $128607.90    | 0.00%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2018, Series 2018 -1                                               | CUSIP: 64971W7N4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103171.81    | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Akron City School District                                                       | Akron City School District, Unlimited Tax                                                                                                        | CUSIP: 010050BV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5350000 | PA      | $5412157.37   | 0.12%             | 2026-08-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Trimble KY                                                             | County of Trimble, Series 2023A                                                                                                                  | CUSIP: 896221AF5<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1012669.30   | 0.02%             | 2054-06-01      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin Environmental Improvement Fund Revenue                        | State of Wisconsin, Environmental Improvement Fund, Series 2018A                                                                                 | CUSIP: 97709TBS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25498.64     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| McKinney Independent School District                                             | McKinney Independent School District, Unlimited Tax, Series 2022                                                                                 | CUSIP: 581664LA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $187043.75    | 0.00%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Asset Liability Commission                                              | Kentucky Asset Liability Commission, Federal Highway Trust Fund, Series 2015A                                                                    | CUSIP: 49118NFK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90000.00     | 0.00%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Adams CO                                                               | County of Adams                                                                                                                                  | CUSIP: 005596DW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251566.50    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | City of Chicago, Series 1999                                                                                                                     | CUSIP: 167484QS6<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   3900000 | PA      | $3755251.89   | 0.09%             | 2027-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Transportation Commission Mobility Fund, Series 2024                                                                             | CUSIP: 8827242C0<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   5140000 | PA      | $5554472.12   | 0.13%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, The Carle Foundation, Series 2021A                                                                                   | CUSIP: 45204FJB2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    340000 | PA      | $363030.41    | 0.01%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | Pennsylvania Higher Educational Facilities Authority, Series A                                                                                   | CUSIP: 70917SPW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100201.06    | 0.00%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Washington                                                         | University of Washington, Series 2020C                                                                                                           | CUSIP: 91523NZL3<br>LEI: T8YS5W0N70BYCTHPA429 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5073.88      | 0.00%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alaska Housing Finance Corp.                                                     | Alaska Housing Finance Corp., State Capital Project, Series II 2021A                                                                             | CUSIP: 011839XH5<br>LEI: 549300HJ8NOJNYW6ER36 | Long             | DBT              | MUN               | US        |    935000 | PA      | $964337.68    | 0.02%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta Water and Wastewater, Series 2017A                                                                                               | CUSIP: 047870NS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $84581.02     | 0.00%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New Jersey                                                              | State of New Jersey, COVID-19 Emergency Bonds, Series 2020A                                                                                      | CUSIP: 646039YK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $407648.16    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2017A                                                                                                                  | CUSIP: 452152S44<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251430.53    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Public Power District                                                   | Nebraska Public Power District, Series C                                                                                                         | CUSIP: 63968AP33<br>LEI: 5493001J0BLQRMOJKP23 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20161.63     | 0.00%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Nahant MA                                                                | Town of Nahant                                                                                                                                   | CUSIP: 629785GJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3628700 | PA      | $3673939.73   | 0.08%             | 2026-07-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Milford Central School District                                                  | Milford Central School District                                                                                                                  | CUSIP: 599603JM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3510443.30   | 0.08%             | 2025-12-12      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority Water Pollution Control Loan Fund, Series 2015B                                                                 | CUSIP: 67766WXB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25153.57     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, State Water Implementation Fund, Series A                                                                         | CUSIP: 882854WJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70214.32     | 0.00%             | 2026-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Mental Health Facilities Improvement Fund Projects, Series 2018A                                                                  | CUSIP: 677587DH7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     75000 | PA      | $80414.92     | 0.00%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida Department of Transportation Turnpike System, Series 2025A                                                                      | CUSIP: 343137WA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2990000 | PA      | $3280153.79   | 0.07%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northwest Independent School District                                            | Northwest Independent School District, Unlimited Tax, Series 2016A                                                                               | CUSIP: 667825Z89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $606857.04    | 0.01%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2017                                                                                                    | CUSIP: 709224A41<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    465000 | PA      | $490631.64    | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health and Educational Facilities Authority, Advocate Aurora Health Credit Group, Series 2018C1                                        | CUSIP: 97712D7Z3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1224809.64   | 0.03%             | 2054-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Dunklin MO                                                             | County of Dunklin                                                                                                                                | CUSIP: 265620BS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $401467.48    | 0.01%             | 2026-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Northwestern University, Series 2015                                                                                 | CUSIP: 45203HZ62<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     80000 | PA      | $80455.81     | 0.00%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | County of Jefferson sewer, Series 2024                                                                                                           | CUSIP: 472682YV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1045702.88   | 0.02%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Public School and College Authority                                      | Alabama Public School and College Authority, Capital Improvement, Series 2020A                                                                   | CUSIP: 010609FD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135536.06    | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2023, Series 2023 Subseries A-1                                                                                    | CUSIP: 64966QE55<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Transportation State Highway Fund                            | Texas Department of Transportation State Highway Fund, First Tier, Series 2016B                                                                  | CUSIP: 88283LKX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10135000 | PA      | $9958455.39   | 0.23%             | 2026-04-01      | Fixed         | 0.56%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2024E                                                                                                                 | CUSIP: 546417KF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1097412.90   | 0.02%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                   | Empire State Development Corp., State Personal Income Tax, Series 2015A                                                                          | CUSIP: 650036JU1<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     85000 | PA      | $85081.52     | 0.00%             | 2028-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | New Jersey Turnpike Authority, Series 2024A                                                                                                      | CUSIP: 646140FQ1<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   2235000 | PA      | $2461825.90   | 0.06%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Borough of Point Pleasant Beach NJ                                               | Borough of Point Pleasant Beach, General Capital Notes Water and Sewer Utility                                                                   | CUSIP: 730570HQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6343000 | PA      | $6357001.54   | 0.14%             | 2025-11-07      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut Special Tax, Series 2018B                                                                                                   | CUSIP: 207758YA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $82329.15     | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | Central Puget Sound Regional Transit Authority, Series 2015S-1                                                                                   | CUSIP: 15504RFV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $185808.84    | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Municipal Power Agency No. 1                                      | North Carolina Municipal Power Agency No. 1, Series 2016A                                                                                        | CUSIP: 6582034M3<br>LEI: 549300N3Q65G1ODRFX75 | Long             | DBT              | MUN               | US        |    870000 | PA      | $888116.97    | 0.02%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Manatee FL                                                             | County of Manatee, Series 2022                                                                                                                   | CUSIP: 561852GN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2404538.64   | 0.05%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York and New Jersey, Consolidated, Series 175                                                                              | CUSIP: 73358WJN5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    215000 | PA      | $215243.29    | 0.00%             | 2026-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | North Carolina Housing Finance Agency, Homeownership-1998 Trust, Series 55-C                                                                     | CUSIP: 65820BBB1<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | STIV             | MUN               | US        |   4435000 | PA      | $4435745.97   | 0.10%             | 2056-07-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| Alamo Regional Mobility Authority                                                | Alamo Regional Mobility Authority, Junior Lien Vehicle Registration Fee                                                                          | CUSIP: 011432AY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1246821.06   | 0.03%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Private Colleges & Universities Authority                                        | Private Colleges and Universities Authority, Emory University, Series 2019A                                                                      | CUSIP: 74265LR26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25646.97     | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2017A                                                                                                               | CUSIP: 605581JS7<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26352.27     | 0.00%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Decatur IL                                                               | City of Decatur                                                                                                                                  | CUSIP: 243127XV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $204236.04    | 0.00%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Canadian County Educational Facilities Authority                                 | Canadian County Educational Facilities Authority, Mustang Public Schools Project, Series 2017                                                    | CUSIP: 135521CK6<br>LEI: 549300HPRFS0Z66VHS30 | Long             | DBT              | MUN               | US        |    105000 | PA      | $105000.00    | 0.00%             | 2025-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Limited Tax, Series 2017C                                                                                          | CUSIP: 181059YH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $316797.00    | 0.01%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                        | Harris County Cultural Education Facilities Finance Corp., Children's Hospital, Series 2015-1                                                    | CUSIP: 414009JS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1853252.49   | 0.04%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, State Clean Water Initiative, Series 2016                                                                            | CUSIP: 45204EKE7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    395000 | PA      | $398137.29    | 0.01%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Second Tier, Series B                                                                                             | CUSIP: 66285WWX0<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100815.07    | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Northwell Health Obligated Group, Series 2019B-3                                                             | CUSIP: 64990GTD4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3125000 | PA      | $3135591.56   | 0.07%             | 2048-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2017-2                                                                                                  | CUSIP: 709224ZQ5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26305.08     | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, School Facilities Construction, Series 2024SSS                                                        | CUSIP: 64577XET9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2730000 | PA      | $2781994.49   | 0.06%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Purdue University                                                                | Purdue University, Series EE                                                                                                                     | CUSIP: 746189YZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61324.81     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Oklahoma City OK                                                         | City of Oklahoma City                                                                                                                            | CUSIP: 678519W62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53343.91     | 0.00%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chattanooga Electric                                                     | City of Chattanooga Electric, Series A                                                                                                           | CUSIP: 162393EH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Expressway Authority                                           | Miami-Dade County Expressway Authority, Toll System, Series 2016A                                                                                | CUSIP: 593338AT3<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25427.85     | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School Board of Miami-Dade County (The)                                          | School Board of Miami-Dade County (The), Florida Certificates of Participation, Series 2015D                                                     | CUSIP: 59333MT88<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |    190000 | PA      | $191815.32    | 0.00%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Limited Tax, Series 2016B                                                                                          | CUSIP: 181059UY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $153035.06    | 0.00%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | State of Illinois, Sales Tax, Series 2021A                                                                                                       | CUSIP: 452227RN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20677.15     | 0.00%             | 2028-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | North Dakota Housing Finance Agency, Home Mortgage Finance Program, Series 2020B                                                                 | CUSIP: 658909YZ3<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |    125000 | PA      | $122251.69    | 0.00%             | 2026-07-01      | Fixed         | 1.05%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Senior Lien, Series 2015B                                                                                                      | CUSIP: 414005VF2<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |     60000 | PA      | $60116.18     | 0.00%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | Greater Orlando Aviation Authority, Series 2017A                                                                                                 | CUSIP: 3922744P8<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1428896.61   | 0.03%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | Philadelphia Authority for Industrial Development, Series 2019                                                                                   | CUSIP: 71781QFC7<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |     50000 | PA      | $53538.39     | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Edward Elmhurst Healthcare, Series 2017A                                                                             | CUSIP: 45204ERK6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30993.65     | 0.00%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series A                                                                                                                          | CUSIP: 67759HGW8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    175000 | PA      | $178359.20    | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | Mississippi Development Bank, Desoto County Mississippi Highway Project, Series 2024A                                                            | CUSIP: 60534XWR3<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2156921.80   | 0.05%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Community Foundation of Northern Indiana Obligated Group, Series 2016                                                 | CUSIP: 45506DZZ1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    235000 | PA      | $240565.86    | 0.01%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                       | Maryland Stadium Authority, Baltimore City Public School Construction and Revitalization Program                                                 | CUSIP: 574296AW9<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |    140000 | PA      | $142418.92    | 0.00%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Arizona Lottery Revenue                                                 | State of Arizona Lottery                                                                                                                         | CUSIP: 040624BL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20951.69     | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Infrastructure Improvement, Series 2025A                                                                                          | CUSIP: 677523KK7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |  11500000 | PA      | $12550944.75  | 0.29%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston, Series 2016A                                                                                                                    | CUSIP: 442331K78<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2216506.45   | 0.05%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Winchester Economic Development Authority                                        | Winchester Economic Development Authority, Valley Health System Obligated Group, Series 2024B-1                                                  | CUSIP: 973122AV6<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  20965000 | PA      | $20965000.00  | 0.48%             | 2054-01-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH Sales Tax Revenue                                          | County of Hamilton Sales Tax, Series 2016A                                                                                                       | CUSIP: 407287MD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1521974.43   | 0.03%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Whiting IN                                                               | City of Whiting, BP Products North America, Inc. Project, Series 2019A                                                                           | CUSIP: 96634RAU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2934503.04   | 0.07%             | 2044-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | Iowa Finance Authority, Midwestern Disaster Area, Archer-Daniels-Midland Co., Project                                                            | CUSIP: 46246SAC9<br>LEI: 549300NQVL49BTHOW391 | Long             | STIV             | MUN               | US        |  21600000 | PA      | $21600000.00  | 0.49%             | 2051-12-01      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | Deutsche Intermediate Tax-Free Fund, First Lien, Series 2015D                                                                                    | CUSIP: 44244CCG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25121.71     | 0.00%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2025B                                                                                                               | CUSIP: 20772KB73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14625000 | PA      | $15098523.86  | 0.34%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Series 2017A                                                                                                                   | CUSIP: 414005XG8<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |     80000 | PA      | $80149.61     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                      | County of Broward, Airport System, Series Q-1                                                                                                    | CUSIP: 114894QW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $195248.41    | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, School Facilities Construction, Series XX                                                             | CUSIP: 64577BKV5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25015.13     | 0.00%             | 2027-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Transportation Commission Mobility Fund, Series 2024                                                                             | CUSIP: 8827242B2<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   3525000 | PA      | $3723042.61   | 0.08%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Limited Tax, Various Purpose, Series 2016F                                                                         | CUSIP: 181059WL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100036.41    | 0.00%             | 2026-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Brownsville TX Utilities System Revenue                                  | City of Brownsville, Utilities System                                                                                                            | CUSIP: 116475U44<br>LEI: 549300ZLUVMJ8K0OEK50 | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1265000.00   | 0.03%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                | Idaho Health Facilities Authority, Trinity Health, Series 2015ID                                                                                 | CUSIP: 451295XL8<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |     95000 | PA      | $95506.55     | 0.00%             | 2027-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Glendale Community College District                                              | Glendale Community College District, Election of 2016, Series 2016A                                                                              | CUSIP: 378394GX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26520.75     | 0.00%             | 2041-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas State Technical College                                                    | Texas State Technical College, Series 2022A                                                                                                      | CUSIP: 88276REY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $144375.59    | 0.00%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission                                                                                                                 | CUSIP: 709224L64<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     75000 | PA      | $80278.94     | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | Board of Regents of the University of Texas System, Series 2019A                                                                                 | CUSIP: 91514AJF3<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     65000 | PA      | $69937.07     | 0.00%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Environmental Protection                                   | Florida Department of Environmental Protection, Series 2016A                                                                                     | CUSIP: 34160WZL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $735642.50    | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority Future Tax Secured, Series 2023, Subseries F-1                                                      | CUSIP: 64971X6U7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70753.43     | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alaska Housing Finance Corp.                                                     | Alaska Housing Finance Corp., Home Mortgage, Series 2007A                                                                                        | CUSIP: 01170PBW5<br>LEI: 549300HJ8NOJNYW6ER36 | Long             | STIV             | MUN               | US        |  28400000 | PA      | $28400000.00  | 0.65%             | 2041-12-01      | Variable      | 2.68%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority Future Tax Secured Fiscal Year 2018, Series 2018C-6                                                 | CUSIP: 64971XED6<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  40000000 | PA      | $40000000.00  | 0.91%             | 2047-05-01      | Variable      | 2.71%                 | No            |                  2 | On Loan: No      |
| City of Memphis TN Electric System Revenue                                       | City of Memphis Electric System, Series 2016                                                                                                     | CUSIP: 586158PD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2165000 | PA      | $2223913.98   | 0.05%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York and New Jersey, Consolidated, Series 175                                                                              | CUSIP: 73358WJM7<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100178.60    | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | Connecticut State Health and Educational Facilities Authority, Yale University, Series 2017C-1                                                   | CUSIP: 20774Y3C9<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |     60000 | PA      | $63638.31     | 0.00%             | 2040-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Clarksville TN Water Sewer & Gas Revenue                                 | City of Clarksville, Series 2016                                                                                                                 | CUSIP: 182618LU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $232400.56    | 0.01%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority                                                 | Ohio Water Development Authority, Series 2019A                                                                                                   | CUSIP: 677660UT7<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |    180000 | PA      | $183617.21    | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, State Water Implementation Fund, Series 2023A                                                                     | CUSIP: 88285ACU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44091.04     | 0.00%             | 2029-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida Department of Transportation Turnpike System, Series 2016B                                                                      | CUSIP: 343137BF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $19956.31     | 0.00%             | 2026-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Touro College and University System Group                                                                    | CUSIP: 64990H6V7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    550000 | PA      | $582765.59    | 0.01%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Oklahoma City OK                                                         | City of Oklahoma City, Series 2016                                                                                                               | CUSIP: 678519TV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1168284.26   | 0.03%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation Authority                                                | Regional Transportation Authority, Series 2017A                                                                                                  | CUSIP: 7599113A6<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |   2730000 | PA      | $2832449.26   | 0.06%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | County of Harris Toll Road, First Lien, Series 2021                                                                                              | CUSIP: 41423PBK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35870.64     | 0.00%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | Orange County Health Facilities Authority, Orlando Health Obligated Group, Series 2023A                                                          | CUSIP: 68450LGW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $60088.96     | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Capital Appreciation, Series 2010A                                                               | CUSIP: 646136XF3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    400000 | PA      | $364729.48    | 0.01%             | 2028-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | California Health Facilities Financing Authority, Series 2019C                                                                                   | CUSIP: 13032UB72<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    175000 | PA      | $175356.16    | 0.00%             | 2039-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Common School, Series 2017B                                                                                                       | CUSIP: 677522VK7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    515000 | PA      | $515480.39    | 0.01%             | 2025-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut Special Tax, Series 2021A                                                                                                   | CUSIP: 207758B69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $610600.32    | 0.01%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | Pennsylvania Economic Development Financing Authority, Waste Management, Inc. Project, Series 2021A                                              | CUSIP: 708692BT4<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  13000000 | PA      | $12985732.50  | 0.30%             | 2041-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp.                                        | Golden State Tobacco Securitization Corp., Tobacco Settlement Asset-Backed Bonds, Series 2017A-1                                                 | CUSIP: 38122NZB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26213.74     | 0.00%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2023B                                                                                            | CUSIP: 23503CCL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1647959.04   | 0.04%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | Las Vegas Valley Water District, Series 2018B                                                                                                    | CUSIP: 517845EK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $367182.54    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Henry County School District                                                     | Henry County School District, Series 2016                                                                                                        | CUSIP: 426362NT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76092.98     | 0.00%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Delaware                                                           | University of Delaware, Series 2019                                                                                                              | CUSIP: 914245BY0<br>LEI: KPIOJCFMR70NWLS6O145 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100422.21    | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community College Financing Authority                                 | California Community College Financing Authority, West Valley Mission Community College District, Series 2016C                                   | CUSIP: 13012EW61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25493.31     | 0.00%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Council Rock School District                                                     | Council Rock School District, Series 2019A                                                                                                       | CUSIP: 222263H40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35098.00     | 0.00%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | Metropolitan Transportation Authority Dedicated Tax Fund, Series B-1                                                                             | CUSIP: 59259N3Y7<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25134.58     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois Municipal Power Agency                                         | Northern Illinois Municipal Power Agency, Series 2016A                                                                                           | CUSIP: 665250CK0<br>LEI: VWCV6ROJUT9NS55JU583 | Long             | DBT              | MUN               | US        |     95000 | PA      | $97893.50     | 0.00%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harnett NC                                                             | County of Harnett, Series 2020                                                                                                                   | CUSIP: 41333TCD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $89784.42     | 0.00%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Special Care Facilities Financing Authority-Birmingham AL                | Alabama Special Care Facilities Financing Authority-Birmingham, Childrens Hospital Health Care Facility, Series 2015                             | CUSIP: 090929GH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $85095.70     | 0.00%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, New Infrastructure Project, Series 2022-1                                                                                         | CUSIP: 677581JE1<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25178.98     | 0.00%             | 2025-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tuscaloosa City Board of Education                                               | Tuscaloosa City Board of Education                                                                                                               | CUSIP: 90059RAU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511549.25    | 0.01%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Harris County Regional Water Authority                                     | North Harris County Regional Water Authority, Senior Lien, Series 2016                                                                           | CUSIP: 65956NGQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $113428.76    | 0.00%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King WA                                                                | County of King, Series 2017                                                                                                                      | CUSIP: 49474FSC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102208.02    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL                                                                | County of Cook, Series 2022A                                                                                                                     | CUSIP: 213185MT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $371822.36    | 0.01%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Minnesota                                                          | University of Minnesota, Series 2017B                                                                                                            | CUSIP: 914460QV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $176118.46    | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Kansas City MO                                                           | City of Kansas City, Missouri Special Obligation, Series A                                                                                       | CUSIP: 485106MD7<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |    450000 | PA      | $450869.36    | 0.01%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2018A                                                                                              | CUSIP: 452252ND7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    180000 | PA      | $190488.02    | 0.00%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Camden County Improvement Authority (The)                                        | Camden County Improvement Authority (The), City Hall Project                                                                                     | CUSIP: 13281NXD9<br>LEI: 549300UTQBT9ZE0QFB15 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30184.64     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Veterans, Series 2015A                                                                                                           | CUSIP: 882723J34<br>LEI: 549300X9CH74QB747L76 | Long             | STIV             | MUN               | US        |  14350000 | PA      | $14350000.00  | 0.33%             | 2045-06-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Ciy of Jacksonville FL Sales Tax Revenue                                         | Ciy of Jacksonville Sales Tax, Series 2016                                                                                                       | CUSIP: 469485LG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25050.57     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Facilities Program, Series 2015I                                                                              | CUSIP: 594615JG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3560593.20   | 0.08%             | 2030-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power, Inc.                                                   | American Municipal Power, Inc., AMP Fremont Energy Center Project, Series 2017A                                                                  | CUSIP: 02765UNP5<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |     70000 | PA      | $74274.65     | 0.00%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wheatland Chili Central School District                                          | Wheatland Chili Central School District, Series 2025A                                                                                            | CUSIP: 962625HR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3615000 | PA      | $3655140.24   | 0.08%             | 2026-07-09      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, Adventist Health System, Series 2025A                                                                      | CUSIP: 19648FZQ0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1707269.77   | 0.04%             | 2060-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority                                           | State Public School Building Authority, The School District of the City of Harrisburg Project, Series 2016A                                      | CUSIP: 85732TKK7<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15300.90     | 0.00%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fort Mill School District No. 4                                                  | Fort Mill School District No. 4, Series 2025A                                                                                                    | CUSIP: 986525E25<br>LEI: 5493003IDG5PRDEDK149 | Long             | DBT              | MUN               | US        |   9865000 | PA      | $9942693.78   | 0.23%             | 2026-03-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority Educational Facilities, 21St Century College and Equipment Programs, Series 2019B                            | CUSIP: 92778VGY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45491.99     | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clinton Central School District                                                  | Clinton Central School District                                                                                                                  | CUSIP: 188288KP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9790000 | PA      | $9898250.97   | 0.22%             | 2026-06-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, The Evangelical Lutheran Good Samaritan Society Project, Series 2017                                       | CUSIP: 19648FDJ0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36465.99     | 0.00%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Arizona                                                                 | State of Arizona, Series 2019A                                                                                                                   | CUSIP: 040588G82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $851709.01    | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                     | City and County of Honolulu, Series C                                                                                                            | CUSIP: 4386702B6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2104222.26   | 0.05%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN/St Paul Housing & Redevelopment Authority                 | City of Minneapolis and The Housing and Redevelopment Authority of City of St. Paul, Allina Health System, Series 2017A                          | CUSIP: 603695JB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36247.56     | 0.00%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Colorado Springs CO Utilities System Revenue                             | City of Colorado Springs Utilities System, Series 2020C                                                                                          | CUSIP: 196632W41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21166.70     | 0.00%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | State of Hawaii, Series EO                                                                                                                       | CUSIP: 419792H90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40056.30     | 0.00%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Toll Road, Senior Lien, Series 2016A                                                                                           | CUSIP: 414005WH7<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40846.80     | 0.00%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2015F                                                                                                               | CUSIP: 605581GV3<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70300.31     | 0.00%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami University/Oxford OH                                                       | Miami University, Series 2017                                                                                                                    | CUSIP: 593791HJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Industrial Facilities & Pollution Control Financing Authority  | Cumberland County Industrial Facilities and Pollution Control Financing Authority, Solid Waste Disposal Project Hero, Series 2024                | CUSIP: 230589AA1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   6000000 | PA      | $6001261.20   | 0.14%             | 2027-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Indexed Fuel and Subordinate Motor Vehicle Tax, Series 2019                                                                     | CUSIP: 181000QL7<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25529.09     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of South Miami Health Facilities Authority, Inc.                            | City of South Miami Health Facilities Authority, Inc., Baptist Health South Florida Obligated Group                                              | CUSIP: 838810DR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46929.51     | 0.00%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2015F                                                                                                               | CUSIP: 605581HA8<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30080.11     | 0.00%             | 2033-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Garfield Pitkin & Eagle Counties School District No. Re-1 Roaring Fork           | Garfield Pitkin and Eagle Counties School District No. Re-1 Roaring Fork, Series 2016                                                            | CUSIP: 365892MM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25177.90     | 0.00%             | 2030-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | Port of Seattle, Intermediate Lien, Series 2022A                                                                                                 | CUSIP: 735389S82<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |     90000 | PA      | $98942.43     | 0.00%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida Department of Transportation Turnpike System, Series 2021B                                                                      | CUSIP: 343137KJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25556.01     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Township of Nutley NJ                                                            | Township of Nutley                                                                                                                               | CUSIP: 670590GB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8061736.00   | 0.18%             | 2026-03-13      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Utah Board of Higher Education                                                   | Utah Board of Higher Education, University of Utah Auxiliary and Campus Facilities, Series 1998A                                                 | CUSIP: 91754RBW6<br>LEI: 549300SAYC054T80UK17 | Long             | DBT              | MUN               | US        |  10550000 | PA      | $11159427.08  | 0.25%             | 2029-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Stadium Project, Series 2022A                                                                                         | CUSIP: 45506EEX7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    300000 | PA      | $322852.86    | 0.01%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health and Educational Facilities Authority, Mercy Alliance, Inc.                                                                      | CUSIP: 97710BW40<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    160000 | PA      | $160240.77    | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | Health and Educational Facilities Authority of the State of Missouri, SSM Health Care Obligated Group, Series 2022A                              | CUSIP: 60637AVJ8<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    175000 | PA      | $177784.57    | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | Metropolitan Atlanta Rapid Transit Authority, Sales Tax, Series 2017D                                                                            | CUSIP: 5917453Y8<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1303926.31   | 0.03%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Broward Hospital District                                                  | South Broward Hospital District, Memorial Healthcare System                                                                                      | CUSIP: 836753LQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $216965.77    | 0.00%             | 2026-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                | Plano Independent School District, Unlimited Tax                                                                                                 | CUSIP: 727199D99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9569266.20   | 0.22%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2016A-1                                                                                                 | CUSIP: 709224PV5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    150000 | PA      | $152862.59    | 0.00%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2016                                                                                                    | CUSIP: 709224LN7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40222.68     | 0.00%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | Oklahoma Turnpike Authority, Turnpike System, Second Senior, Series 2017D                                                                        | CUSIP: 679111YX6<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |    135000 | PA      | $136157.02    | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE Electric System Revenue                                       | City of Lincoln, Electric System                                                                                                                 | CUSIP: 534272J67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25966.13     | 0.00%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Minnesota                                                          | University of Minnesota, Series 2015A                                                                                                            | CUSIP: 914468EU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80155.78     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Du Page Cook & Will Counties Community College District No. 502                  | Du Page Cook and Will Counties Community College District No. 502, Series 2023                                                                   | CUSIP: 262615KV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $606182.25    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. IV                                | Texas Municipal Gas Acquisition and Supply Corp. IV, Gas Supply, Series 2023A                                                                    | CUSIP: 88256PAG5<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |  21550000 | PA      | $22986285.95  | 0.52%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| American Municipal Power, Inc.                                                   | American Municipal Power, Inc., AMP Fremont Energy Center Project, Series 2017A                                                                  | CUSIP: 02765UNM2<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25281.36     | 0.00%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Municipal Bond Bank                                                        | Maine Municipal Bond Bank, Transportation Infrastructure Transcap Program, Series 2021A                                                          | CUSIP: 56045PDJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175000.00    | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, State Clean Water Initiative, Series 2016                                                                            | CUSIP: 45204EKD9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20158.85     | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2021, Series 2021 Subseries A-1                                                                                    | CUSIP: 64966QMB3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21013.10     | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                     | City and County of Honolulu, Rail Transit Project, Series 2019A                                                                                  | CUSIP: 438687GH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175000.00    | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan                                                                | State of Michigan, Environmental Program, Series 2015A                                                                                           | CUSIP: 594612CC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50320.72     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado River Municipal Water District                                          | Colorado River Municipal Water District, Series 2017                                                                                             | CUSIP: 196558SK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21070.14     | 0.00%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Turnpike Authority                                                         | Maine Turnpike Authority                                                                                                                         | CUSIP: 560551SA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1796406.64   | 0.04%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency, Children's Hospital Corp Obligated Group, Series 2024U-2                                               | CUSIP: 57584Y8K8<br>LEI: 549300UZSVMFXJK08K70 | Long             | STIV             | MUN               | US        |  40000000 | PA      | $40000000.00  | 0.91%             | 2048-03-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Limited Tax, Series 2019A                                                                                          | CUSIP: 181059F92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26057.62     | 0.00%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2022, Series 2022C                                                                                                 | CUSIP: 64966QZA1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51198.35     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2017-2                                                                                                                | CUSIP: 97705MJH9<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25105.52     | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2020, Series 2020C-1                                                                                               | CUSIP: 64966QGS3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32125.61     | 0.00%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Public Power District                                                   | Nebraska Public Power District, Series 2016A                                                                                                     | CUSIP: 63968AH32<br>LEI: 5493001J0BLQRMOJKP23 | Long             | DBT              | MUN               | US        |    185000 | PA      | $186567.04    | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | Florida Municipal Power Agency, All-Requirements Power Supply Project, Series 2016A                                                              | CUSIP: 342816H81<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |    680000 | PA      | $698692.25    | 0.02%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2016B                                                                                                               | CUSIP: 605581HS9<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25806.82     | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Public School and College Authority                                      | Alabama Public School and College Authority, Capital improvement, Series 2014B                                                                   | CUSIP: 010609AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45153.41     | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Health Facilities Authority                                              | Arizona Health Facilities Authority, Banner Health, Series 2015B                                                                                 | CUSIP: 040507QQ1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1500000 | PA      | $1500279.75   | 0.03%             | 2046-01-01      | Floating      | 2.98%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority Educational Facilities, 21St Century College and Equipment Programs, Series 2017E                            | CUSIP: 92778VFJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1916837.47   | 0.04%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transit Authority of Harris County Sales & Use Tax Revenue          | Metropolitan Transit Authority of Harris County Sales and Use Tax, Series A                                                                      | CUSIP: 41422EFP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $236011.77    | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Highway & Transportation Commission                                     | Missouri Highway and Transportation Commission, First Lien, Series A                                                                             | CUSIP: 60636WRK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76330.04     | 0.00%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | Dallas Area Rapid Transit, Sales Tax, Senior Lien, Series 2016A                                                                                  | CUSIP: 235241RQ1<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |    130000 | PA      | $130798.56    | 0.00%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                | Tulsa County Industrial Authority, Broken Arrow Public School Project, Series 2019A                                                              | CUSIP: 89952PFD2<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    170000 | PA      | $178177.58    | 0.00%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | Allegheny County Hospital Development Authority, Pittsburgh Medical Center, Series 2019A                                                         | CUSIP: 01728A4L7<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |    110000 | PA      | $112220.77    | 0.00%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth Transportation Board                                       | Virginia Commonwealth Transportation Board, Federal Highway Transportation                                                                       | CUSIP: 92778UAY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $71741.75     | 0.00%             | 2028-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Bexar TX                                                               | County of Bexar, Series 2017                                                                                                                     | CUSIP: 088281A26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $249833.21    | 0.01%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 113, Series 2024B                                                                   | CUSIP: 49151F3A6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1055575.60   | 0.02%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King WA                                                                | County of King, Limited Tax, Series 2024A                                                                                                        | CUSIP: 49474F5K2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61324.81     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Grand Island NY                                                          | Town of Grand Island                                                                                                                             | CUSIP: 385712RX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16465845 | PA      | $16488635.38  | 0.37%             | 2025-10-03      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Tulsa County Independent School District No. 4 Bixby                             | Tulsa County Independent School District No. 4 Bixby                                                                                             | CUSIP: 899576HE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8560000 | PA      | $8890907.34   | 0.20%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mid-Bay Bridge Authority                                                         | Mid-Bay Bridge Authority, Series C                                                                                                               | CUSIP: 342814EB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001763.90   | 0.02%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2023A                                                                                                                     | CUSIP: 235219UT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $62207.70     | 0.00%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | State of Hawaii, Series EY                                                                                                                       | CUSIP: 419792CD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55112.77     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tohopekaliga Water Authority                                                     | Tohopekaliga Water Authority, Utility System                                                                                                     | CUSIP: 88906REH9<br>LEI: 549300IZ325ZGEHGR946 | Long             | DBT              | MUN               | US        |    180000 | PA      | $180364.09    | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Richmond VA Public Utility Revenue                                       | City of Richmond Public Utility, Series 2016A                                                                                                    | CUSIP: 765433KD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $454268.43    | 0.01%             | 2026-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Commerce Corp.                                                      | Rhode Island Commerce Corp., Department of Transportation, Series 2016B                                                                          | CUSIP: 762232AN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $162969.22    | 0.00%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Stroudsburg Area School District                                            | East Stroudsburg Area School District, Series AA                                                                                                 | CUSIP: 275381BB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $520000.00    | 0.01%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Association of Governments                                             | San Diego Association of Governments, Series 2019A                                                                                               | CUSIP: 797258AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100547.72    | 0.00%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin Water and Wastewater System, Series 2021                                                                                          | CUSIP: 052477ME3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20092.52     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                                    | Alabama Federal Aid Highway Finance Authority, Series A                                                                                          | CUSIP: 010268BL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $194709.87    | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Sanitary Authority                                              | Allegheny County Sanitary Authority, Sewer, Series 2016                                                                                          | CUSIP: 017357B60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60376.80     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lathrup Village MI                                                       | City of Lathrup Village, Limited Tax                                                                                                             | CUSIP: 518264EA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45086.21     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Authority                                                     | New Mexico Finance Authority, State Transportation, Subordinate Lien, Series 2021A                                                               | CUSIP: 64711RMP8<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |     45000 | PA      | $50153.13     | 0.00%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Akron Bath Copley Joint Township Hospital District                               | Akron Bath Copley Joint Township Hospital District, Children's Hospital Medical Center of Akron, Series 2022A                                    | CUSIP: 009730QD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $478903.08    | 0.01%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series A                                                                                                          | CUSIP: 882854WM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20056.16     | 0.00%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monroeville Finance Authority                                                    | Monroeville Finance Authority, University of Pittsburg Medical Center                                                                            | CUSIP: 611530AQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $161651.52    | 0.00%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2019C                                                                                              | CUSIP: 452252PG8<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     70000 | PA      | $77033.31     | 0.00%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Bastrop TX                                                             | County of Bastrop, Combination Tax                                                                                                               | CUSIP: 070307SB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511499.80    | 0.01%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                           | City of San Antonio, Series 2016                                                                                                                 | CUSIP: 7962373H6<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |    105000 | PA      | $107487.18    | 0.00%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Farmingdale NY                                                        | Village of Farmingdale, Series 2024B                                                                                                             | CUSIP: 311081HX4<br>LEI: 549300E6G47IEV5U1G34 | Long             | DBT              | MUN               | US        |   7800000 | PA      | $7807280.52   | 0.18%             | 2025-09-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta Water and Wastewater, Series 2015                                                                                                | CUSIP: 047870MT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $95182.87     | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Borough of Palisades Park NJ                                                     | Borough of Palisades Park, Swimming Pool Utility                                                                                                 | CUSIP: 696395GD8<br>LEI: 549300SF9JNNWFAZGA56 | Long             | DBT              | MUN               | US        |   6631872 | PA      | $6669468.08   | 0.15%             | 2026-03-11      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Pledged Excise Tax Revenue                            | City and County of Denver Pledged Excise Tax, Series 2016A                                                                                       | CUSIP: 24917DAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $347882.12    | 0.01%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, NCMC, Inc., Project, Series 2016                                                                           | CUSIP: 19648A6A8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |     60000 | PA      | $60991.19     | 0.00%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Development Finance Authority, Solid waste Management, Inc. Project                                                                     | CUSIP: 451889AT6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | STIV             | MUN               | US        |  10500000 | PA      | $10508043.00  | 0.24%             | 2044-11-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Arizona                                                                 | State of Arizona, Series 2019A                                                                                                                   | CUSIP: 040588G90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $503955.64    | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand River Dam Authority                                                        | Grand River Dam Authority, Series 2016A                                                                                                          | CUSIP: 386442WN3<br>LEI: 549300XGK5KWQHON4Q79 | Long             | DBT              | MUN               | US        |     55000 | PA      | $56573.94     | 0.00%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | Pennsylvania Higher Educational Facilities Authority, University of Pennsylvania Health System, Series A                                         | CUSIP: 70917SPP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100201.06    | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                     | City and County of Honolulu, Series C                                                                                                            | CUSIP: 4386702W0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1503015.90   | 0.03%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Mental Health Facilities Improvement Fund Projects, Series 2020A                                                                  | CUSIP: 67759HLR3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     60000 | PA      | $60628.33     | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana Gasoline & Fuels Tax Revenue                                  | State of Louisiana Gasoline and Fuels Tax, Second Lien, Series 2023A-1                                                                           | CUSIP: 546475VV3<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   6000000 | PA      | $6000000.00   | 0.14%             | 2043-05-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | Delaware Transportation Authority, Series 2016                                                                                                   | CUSIP: 246428B88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1032631.27   | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority Future Tax Secured Fiscal Year 2021, Series 2021F-1                                                 | CUSIP: 64971XYZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $206343.62    | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Interstate 5 Bridge Replacement Project, Series 2025E                                                                           | CUSIP: 68609UTB1<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   2645000 | PA      | $2766865.73   | 0.06%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Turnpike Authority                                                      | Kentucky Turnpike Authority, Revitalization Projects, Series 2016A                                                                               | CUSIP: 491552J89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $630740.57    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                      | County of Broward, Airport System, Series 2013C                                                                                                  | CUSIP: 114894UZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100201.31    | 0.00%             | 2026-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, LCRA Transmission Services Corp., Project, Series 2023                                                           | CUSIP: 54811BZY0<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     80000 | PA      | $85331.41     | 0.00%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Morristown NJ                                                            | Town of Morristown                                                                                                                               | CUSIP: 618533K36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6360110 | PA      | $6431365.49   | 0.15%             | 2026-06-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Iowa                                                                    | State of Iowa, Ijobs Program, Series 2016A                                                                                                       | CUSIP: 46257TEE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3610000 | PA      | $3675896.22   | 0.08%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Seneca Central School District                                              | West Seneca Central School District                                                                                                              | CUSIP: 955776LS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17230000 | PA      | $17414998.51  | 0.40%             | 2026-06-26      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation                                    | State of Florida Department of Transportation, Series 2019A                                                                                      | CUSIP: 34160DAH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $47189.63     | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | Kansas Development Finance Authority, Series 2020B                                                                                               | CUSIP: 48542RGR9<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37426.93     | 0.00%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                                         | Arizona Board of Regents, State University, Series 2015B                                                                                         | CUSIP: 04048RMB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45090.38     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health and Educational Facilities Authority, Ascension Senior Credit Group, Series 2016A                                               | CUSIP: 97712JMC4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   5910000 | PA      | $5972987.01   | 0.14%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | Dallas Area Rapid Transit, Sales Tax, Senior Lien, Series 2016A                                                                                  | CUSIP: 235241RM0<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201228.56    | 0.00%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Turnpike & Infrastructure Commission                                        | Ohio Turnpike and Infrastructure Commission, Series 2017A                                                                                        | CUSIP: 67760HLD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $131447.47    | 0.00%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | Maryland Health and Higher Educational Facilities Authority, The Johns Hopkins Health System, Series 2024A                                       | CUSIP: 57421CGB4<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  20000000 | PA      | $20000000.00  | 0.45%             | 2048-06-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Colorado Higher Education                                                        | Colorado Higher Education, Capital Construction, Lease Purchase Financing Program, Series 2014A                                                  | CUSIP: 196734CC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $341406.72    | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2017C                                                                                                                  | CUSIP: 452152P21<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3980002.58   | 0.09%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, Series A                                                                                                          | CUSIP: 882854WL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115362.53    | 0.00%             | 2027-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Academy Central School District at Delhi                                | Delaware Academy Central School District at Delhi                                                                                                | CUSIP: 246797EY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10492486 | PA      | $10591996.74  | 0.24%             | 2026-07-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2021A                                                                                                                  | CUSIP: 452153AE9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151725.32    | 0.00%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Loudoun County Economic Development Authority                                    | Loudoun County Economic Development Authority, Series 2020A                                                                                      | CUSIP: 54589SFW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75480.39     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Port Authority                                                          | Virginia Port Authority, Series 2016B                                                                                                            | CUSIP: 928077JM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6070000 | PA      | $6174315.99   | 0.14%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Henry Ford Health System, Series 2016                                                                                | CUSIP: 59447TME0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20516.17     | 0.00%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Lake OH                                                                | County of Lake                                                                                                                                   | CUSIP: 5094266D9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4002570.40   | 0.09%             | 2025-09-24      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, New Infrastructure Project, Series 2019-1                                                                                         | CUSIP: 677581HD5<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20143.19     | 0.00%             | 2025-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Veterans, Series 2011C                                                                                                           | CUSIP: 882722Q53<br>LEI: 549300X9CH74QB747L76 | Long             | STIV             | MUN               | US        |   2675000 | PA      | $2675000.00   | 0.06%             | 2042-06-01      | Variable      | 2.83%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut Special Tax, Series 2023B                                                                                                   | CUSIP: 207758R47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32209.04     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Capitol Improvement Authority                                           | Oklahoma Capitol Improvement Authority, Capitol Repair Project, Series 2017B                                                                     | CUSIP: 679088CT9<br>LEI: 549300LYHYBINTZ5AY71 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70576.60     | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio State University (The)                                                      | Ohio State University (The), Series 2020A                                                                                                        | CUSIP: 677632K42<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105905.08    | 0.00%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, NCMC, Inc., Project                                                                                        | CUSIP: 19648A6B6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    350000 | PA      | $353362.98    | 0.01%             | 2029-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Wake NC                                                                | County of Wake, Hospital System                                                                                                                  | CUSIP: 930866CG1<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55668.56     | 0.00%             | 2026-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Cuyahoga Metropolitan Housing Authority                                          | Cuyahoga Metropolitan Housing Authority, Wade Park Apartments                                                                                    | CUSIP: 23239TAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4930000 | PA      | $4951133.43   | 0.11%             | 2027-12-01      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Electric and Gas Systems, Series 2015                                                                                       | CUSIP: 7962533Z3<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |    270000 | PA      | $273030.62    | 0.01%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Municipal Power Agency No. 1                                      | North Carolina Municipal Power Agency No. 1, Series 2016A                                                                                        | CUSIP: 6582034L5<br>LEI: 549300N3Q65G1ODRFX75 | Long             | DBT              | MUN               | US        |    230000 | PA      | $234899.85    | 0.01%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lexington County Health Services District, Inc.                                  | Lexington County Health Services District, Inc., Lexmed Obligated Group, Series 2017                                                             | CUSIP: 529050EN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26246.53     | 0.00%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Indiana University Health Obligated Group, Series 2016A                                                               | CUSIP: 45471APH9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    210000 | PA      | $211163.48    | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                           | County of Clark, Department of Aviation, Nevada Airport System, Subordinate Lien, McCarran International Airport, Series 2019A                   | CUSIP: 18085PRH9<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     70000 | PA      | $71487.28     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Public Power District                                                   | Nebraska Public Power District, Series B                                                                                                         | CUSIP: 63968AV44<br>LEI: 5493001J0BLQRMOJKP23 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20169.41     | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2021A                                                                                                   | CUSIP: 709225BL9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     40000 | PA      | $43326.94     | 0.00%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York and New Jersey, Consolidated, Series 177TH                                                                            | CUSIP: 73358WME1<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500293.80    | 0.01%             | 2030-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | Dallas Area Rapid Transit, Sales Tax, Senior Lien, Series 2016A                                                                                  | CUSIP: 235241RU2<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45276.43     | 0.00%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                          | Massachusetts School Building Authority, Dedicated Sales Tax, Series 2016A                                                                       | CUSIP: 576000TV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20102.13     | 0.00%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, School Districts Financing Program, Series 2018A                                                             | CUSIP: 64990GAR3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25689.92     | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                                    | Alabama Federal Aid Highway Finance Authority, Series B                                                                                          | CUSIP: 010268CB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, General Airport, Senior Lien, Series E                                                                     | CUSIP: 167593WX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $129543.31    | 0.00%             | 2028-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Utica NY                                                                 | City of Utica                                                                                                                                    | CUSIP: 917747CL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19578012 | PA      | $19692950.59  | 0.45%             | 2026-01-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Aurora CO                                                                | City of Aurora                                                                                                                                   | CUSIP: 051556KC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60369.95     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Garnet Valley School District                                                    | Garnet Valley School District, Series 2017                                                                                                       | CUSIP: 366268RV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135161.18    | 0.00%             | 2027-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | New York State Housing Finance Agency, Historic Front Street, Series 2003A                                                                       | CUSIP: 64986MQP3<br>LEI: 5493000LS7KCDB02O506 | Long             | STIV             | MUN               | US        |  22000000 | PA      | $22000000.00  | 0.50%             | 2036-11-01      | Variable      | 2.77%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                            | School District of Philadelphia (The), Series F                                                                                                  | CUSIP: 717883TA0<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1135000.00   | 0.03%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, CommonSpirit Health Obligated Group, Series 2022A                                                          | CUSIP: 19648FWC4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    700000 | PA      | $746699.52    | 0.02%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cleveland County Educational Facilities Authority                                | Cleveland County Educational Facilities Authority, Norman Public Schools Project, Series 2023A                                                   | CUSIP: 18604TEX2<br>LEI: 549300XEV4DVO42DUA84 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1805857.30   | 0.04%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transit Authority of Harris County Sales & Use Tax Revenue          | Metropolitan Transit Authority of Harris County Sales and Use Tax, Series 2017B                                                                  | CUSIP: 41422EHF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3040000 | PA      | $3053088.42   | 0.07%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida Department of Transportation Turnpike System, Series 2018A                                                                      | CUSIP: 343137DE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $127780.04    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Edward Elmhurst Healthcare, Series 2017A                                                                             | CUSIP: 45204ERF7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     90000 | PA      | $92980.95     | 0.00%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2019B                                                                                              | CUSIP: 452252NS4<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    180000 | PA      | $181548.70    | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hampton Roads Sanitation District                                                | Hampton Roads Sanitation District, Series 2016A                                                                                                  | CUSIP: 409327HL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30731.44     | 0.00%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | County of Miami-Dade, Building Better Communities Program, Series 2015D                                                                          | CUSIP: 59333FTM2<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45999.46     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | County of Miami-Dade, Building Better Communities Program, Series 2015B                                                                          | CUSIP: 59333FPG9<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    270000 | PA      | $270498.42    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Turnpike Authority                                                      | Kentucky Turnpike Authority, Revitalization Projects, Series 2016A                                                                               | CUSIP: 491552J71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56122.43     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Borough of Demarest NJ                                                           | Borough of Demarest                                                                                                                              | CUSIP: 248033EB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8080000 | PA      | $8148970.07   | 0.19%             | 2026-03-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Second Tier, Series B                                                                                             | CUSIP: 66285WWY8<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   3265000 | PA      | $3291706.39   | 0.07%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand River Dam Authority                                                        | Grand River Dam Authority, Series 2016A                                                                                                          | CUSIP: 386442WL7<br>LEI: 549300XGK5KWQHON4Q79 | Long             | DBT              | MUN               | US        |    145000 | PA      | $147605.68    | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority Central Regional Wastewater System Revenue               | Trinity River Authority Central Regional Wastewater System, Series 2021                                                                          | CUSIP: 89658HXV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $75054.81     | 0.00%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | Pennsylvania Economic Development Financing Authority, Waste Management, Inc., Project, Series 2017A                                             | CUSIP: 708692BJ6<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   5100000 | PA      | $5100836.91   | 0.12%             | 2037-08-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Delaware County Authority                                                        | Delaware County Authority, Cabrini University                                                                                                    | CUSIP: 245913MH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1419963.36   | 0.03%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, Series 2023A                                                                    | CUSIP: 89602RHY4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25813.61     | 0.00%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | State of Hawaii, Series ET                                                                                                                       | CUSIP: 419792AU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25040.89     | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida Board of Education, Public Education Capital Outlay, Series 2015A                                                               | CUSIP: 34153P6X1<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35039.26     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCAGO Educational Facilities Corp. for Pickens School District                   | SCAGO Educational Facilities Corp. for Pickens School District, Series 2015                                                                      | CUSIP: 80585TCB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1191878.65   | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | State of Maryland Department of Transportation, Series 2019                                                                                      | CUSIP: 574204N25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25722.44     | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gainesville FL Utilities System Revenue                                  | City of Gainesville, Utilities System, Series B                                                                                                  | CUSIP: 362848SW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50074.56     | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2016B                                                                                                      | CUSIP: 57582RKL9<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    230000 | PA      | $235192.04    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water and Power System, Series 2016B                                                                                   | CUSIP: 544495U77<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1636481.93   | 0.04%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Oklahoma City OK                                                         | City of Oklahoma City                                                                                                                            | CUSIP: 6785192J7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4070000 | PA      | $4226592.84   | 0.10%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2023A                                                                                                 | CUSIP: 65000BYG7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350683.10    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority Educational Facilities, 21St Century College and Equipment Programs, Series 2020A                            | CUSIP: 92778VJG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21251.81     | 0.00%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Colorado                                                           | University of Colorado, Enterprise System, Series 2021C-3B                                                                                       | CUSIP: 91417NDA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6170583.75   | 0.14%             | 2051-06-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, School Facilities Construction, Series AAA                                                            | CUSIP: 64577BTL8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     75000 | PA      | $77494.93     | 0.00%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | Florida Municipal Power Agency, All-Requirements Power Supply Project, Series 2016A                                                              | CUSIP: 342816J22<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2299454.75   | 0.05%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Deutsche Intermediate Tax-Free Fund                                              | San Antonio Water System, Junior Lien, Series 2016A                                                                                              | CUSIP: 79642BX99<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |    105000 | PA      | $106819.08    | 0.00%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Municipal Power Agency                                                   | Indiana Municipal Power Agency, Power Supply System, Series 2016C                                                                                | CUSIP: 454898UK1<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |    975000 | PA      | $994525.94    | 0.02%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma State University                                                        | Oklahoma State University, Series 2020A                                                                                                          | CUSIP: 679191HB5<br>LEI: 254900M845UI413F1O58 | Long             | DBT              | MUN               | US        |    870000 | PA      | $870000.00    | 0.02%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Hospital Trinity Health Credit Group, Series 2015MI                                                                  | CUSIP: 59447P7M7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2130000 | PA      | $2139368.38   | 0.05%             | 2027-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Transportation Infrastructure Bank                                | South Carolina Transportation Infrastructure Bank, Series 2021B                                                                                  | CUSIP: 837152VY0<br>LEI: 549300YI1NMCP4VLJN43 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26363.97     | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2013, Series A                                                                                                     | CUSIP: 64966LW23<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75085.03     | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Various Purpose, Series 2016B                                                                                               | CUSIP: 93974DUH9<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   5920000 | PA      | $5970199.82   | 0.14%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Kansas City MO Sanitary Sewer System Revenue                             | City of Kansas City Sanitary Sewer System, Series 2016A                                                                                          | CUSIP: 48507TFM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30057.40     | 0.00%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Indiana University Health Obligated Group, Series 2023B-2                                                             | CUSIP: 45470YFM8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   4025000 | PA      | $4401078.69   | 0.10%             | 2060-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | Pennsylvania Economic Development Financing Authority, University of Pittsburgh Medical Center, Series 2017A                                     | CUSIP: 70870JAK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25702.36     | 0.00%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | New Jersey Turnpike Authority, Series 2017E                                                                                                      | CUSIP: 646140BY8<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42217.89     | 0.00%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District                                                 | Regional Transportation District                                                                                                                 | CUSIP: 75913TLC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1990000 | PA      | $2203447.80   | 0.05%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2018A                                                                                                                  | CUSIP: 196711QV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20133.94     | 0.00%             | 2025-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2022B                                                                                                                  | CUSIP: 452153DH9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     50000 | PA      | $52846.59     | 0.00%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                                    | Alabama Federal Aid Highway Finance Authority, Series A                                                                                          | CUSIP: 010268BK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $330000.00    | 0.01%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Municipal Electric Agency                                               | Illinois Municipal Electric Agency, Power Supply System, Series 2015A                                                                            | CUSIP: 452024HX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $210097.55    | 0.00%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Harris County Regional Water Authority                                     | North Harris County Regional Water Authority, Senior Lien, Series 2016                                                                           | CUSIP: 65956NGR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    695000 | PA      | $716106.59    | 0.02%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth Transportation Board                                       | Virginia Commonwealth Transportation Board, Federal Highway Transportation                                                                       | CUSIP: 92778UAZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2115000 | PA      | $2167187.84   | 0.05%             | 2028-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Henrico VA Water & Sewer Revenue                                       | County of Henrico Water and Sewer, Series 2016                                                                                                   | CUSIP: 426170MR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25444.41     | 0.00%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Richmond VA                                                              | City of Richmond, Series 2017D                                                                                                                   | CUSIP: 76541VTA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46785.42     | 0.00%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                | Tulsa County Industrial Authority Educational Facilities Lease, Broken Arrow Public Schools Project                                              | CUSIP: 89952PEJ0<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Home Collaborative                                                         | Texas Home Collaborative, 1518 Apartments, Series 2023                                                                                           | CUSIP: 88248CAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4025000 | PA      | $4049804.47   | 0.09%             | 2041-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | City of Houston, Airport System, Subordinate Lien, Series 2020B                                                                                  | CUSIP: 442349ED4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $127624.63    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston Combined Utility System, Series 1998A                                                                                            | CUSIP: 4424365Q0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7510000 | PA      | $7458193.77   | 0.17%             | 2025-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus OH                                                              | City of Columbus, Unlimited Tax, Series 2024-1                                                                                                   | CUSIP: 1994928L6<br>LEI: 254900NS3ODS0FZ3AM48 | Long             | DBT              | MUN               | US        |   3445000 | PA      | $3824571.82   | 0.09%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Trinity Health Credit Group, Series 2017A-MI                                                                         | CUSIP: 59447TQE6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |     45000 | PA      | $46311.34     | 0.00%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transit Authority of Harris County Sales & Use Tax Revenue          | Metropolitan Transit Authority of Harris County Sales and Use Tax, Series 2018                                                                   | CUSIP: 41422EHX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $593041.49    | 0.01%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Motor Vehicle Fuel Tax, Series 2020C                                                                                            | CUSIP: 181000QV5<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76587.26     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | County of Miami-Dade, Building Better Communities Program, Series 2015D                                                                          | CUSIP: 59333FTP5<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |     90000 | PA      | $91771.58     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Frisco Independent School District                                               | Frisco Independent School District, Unlimited Tax, Series 2017                                                                                   | CUSIP: 35880CXF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5103927.00   | 0.12%             | 2028-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Grand River Dam Authority                                                        | Grand River Dam Authority, Series 2016A                                                                                                          | CUSIP: 386442WM5<br>LEI: 549300XGK5KWQHON4Q79 | Long             | DBT              | MUN               | US        |    145000 | PA      | $149261.13    | 0.00%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2020A                                                                                                               | CUSIP: 469487QL9<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |    280000 | PA      | $280566.36    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2020B                                                                                                                  | CUSIP: 4521526Q9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1337759.94   | 0.03%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Floyd County Hospital Authority                                                  | Floyd County Hospital Authority, Floyd Medical Center Project                                                                                    | CUSIP: 343575JJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20376.86     | 0.00%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Independent School District No. 709                                       | Duluth Independent School District No. 709, Series 2016A                                                                                         | CUSIP: 264474HA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50304.27     | 0.00%             | 2027-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark                                                                                                                                  | CUSIP: 181000PS3<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51058.18     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Management Services                                        | Florida Department of Management Services, Series 2017A                                                                                          | CUSIP: 341602F47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, Intermountain Healthcare, Series 2024D                                                                     | CUSIP: 19648FYT5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | STIV             | MUN               | US        |  28100000 | PA      | $28100000.00  | 0.64%             | 2064-05-15      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation                                    | State of Florida Department of Transportation, Series 2019A                                                                                      | CUSIP: 34160DAJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26852.08     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Merrimack Valley Regional Transit Authority                                      | Merrimack Valley Regional Transit Authority                                                                                                      | CUSIP: 590341CV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7400000 | PA      | $7476886.00   | 0.17%             | 2026-06-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority Water Pollution Control Loan Fund, Series 2015A                                                                 | CUSIP: 67766WWY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56105.26     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public Building Authority                                               | Virginia Public Building Authority, Series 2017A                                                                                                 | CUSIP: 928172X75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52545.83     | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adams and Arapahoe Counties Joint School District 28J Aurora                     | Adams and Arapahoe Counties Joint School District 28J Aurora                                                                                     | CUSIP: 0054824G6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4158003.20   | 0.09%             | 2026-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Borough of Avalon NJ                                                             | Borough of Avalon                                                                                                                                | CUSIP: 053375PS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13988000 | PA      | $14089429.79  | 0.32%             | 2026-02-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| County of Bexar TX                                                               | County of Bexar, Series A                                                                                                                        | CUSIP: 088281YB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20394.55     | 0.00%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Colorado Springs CO Utilities System Revenue                             | City of Colorado Springs Utilities System, Series 2015A                                                                                          | CUSIP: 196632WD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $351715.28    | 0.01%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | State of Illinois, Sales Tax, Series 2021A                                                                                                       | CUSIP: 452227RP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $57416.08     | 0.00%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Springfield MO Public Utility Revenue                                    | City of Springfield Public Utility                                                                                                               | CUSIP: 851018KZ3<br>LEI: NDLRXEC1F2GZZETPKO45 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000585.10   | 0.02%             | 2036-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Tallahassee FL Energy System Revenue                                     | City of Tallahassee, Energy System, Series 2020                                                                                                  | CUSIP: 874476LC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $130259.75    | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, State Sales Tax, Series 2015B                                                                                | CUSIP: 64990ADV4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     95000 | PA      | $95089.36     | 0.00%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Transportation Improvement, Limited Tax, Series 2018B                                                                           | CUSIP: 180848XR9<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35220.19     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                       | Tarrant County Cultural Education Facilities Finance Corp., Baylor Scott & White Health Project, Series 2022F                                    | CUSIP: 87638QSG5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1848241.02   | 0.04%             | 2052-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District                                              | Los Angeles Unified School District, Certificates of Participation, Series 2023A                                                                 | CUSIP: 544648XE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10865.84     | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Municipal Power Agency                                                   | Indiana Municipal Power Agency, Power Supply System, Series 2016C                                                                                | CUSIP: 454898UL9<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |     80000 | PA      | $81515.75     | 0.00%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Deutsche Intermediate Tax-Free Fund                                              | City of Houston, Combined Utility System, First Lien, Series 2024A                                                                               | CUSIP: 44244CS24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25131.08     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                          | Tobacco Securitization Authority of Northern California, Sacramento County Tobacco Securitization Corp., Series 2021A, Class 1                   | CUSIP: 888794BL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $430272.12    | 0.01%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Limited Tax, Series 2021C                                                                                          | CUSIP: 181059Z82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56112.85     | 0.00%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority                                                 | Ohio Water Development Authority, Series 2019A                                                                                                   | CUSIP: 677660UU4<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31016.43     | 0.00%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Trinity Health Credit Group, Series 2013MI-1                                                                         | CUSIP: 59447PXQ9<br>LEI: 54930022O46HOX5J1D14 | Long             | STIV             | MUN               | US        |   5500000 | PA      | $5500000.00   | 0.13%             | 2034-12-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| Cleveland Department of Public Utilities Division of Water                       | Cleveland Department of Public Utilities Division of Water, Series 2020FF                                                                        | CUSIP: 186427GD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80690.02     | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2021C                                                                                                                  | CUSIP: 452153BH1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    175000 | PA      | $180717.15    | 0.00%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Johnstown City School District                                                   | Johnstown City School District                                                                                                                   | CUSIP: 479589FD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7067445.70   | 0.16%             | 2026-06-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority Future Tax Secured, Series 2024D, Subseries D-1                                                     | CUSIP: 64971XVX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20083.42     | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alachua County School Board                                                      | Alachua County School Board, Series 2020                                                                                                         | CUSIP: 01069SGM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20898.40     | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Charter County of Wayne Criminal Justice Center Project                                                              | CUSIP: 59447TRX3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50194.38     | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2018A                                                                                                       | CUSIP: 709144NL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52255.17     | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series A-2                                                                                                     | CUSIP: 709224ZF9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70445.49     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Facilities Program, Series 2023 II                                                                            | CUSIP: 594615KW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25726.04     | 0.00%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                          | City of Philadelphia, Series 2021A                                                                                                               | CUSIP: 717813YM5<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |    200000 | PA      | $203315.50    | 0.00%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County School Board                                                       | Orange County School Board, Series 2016B                                                                                                         | CUSIP: 684517RG2<br>LEI: 549300SEFJ368NVQXL34 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102197.94    | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Series 2023C                                                                                                                | CUSIP: 93972ACY0<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25200.93     | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                                   | E-470 Public Highway Authority, Series 2020A                                                                                                     | CUSIP: 26822LMN1<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76873.52     | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | City of Philadelphia Water and Wastewater, Series 2014A                                                                                          | CUSIP: 717893YS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2710000 | PA      | $2713799.42   | 0.06%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | Port of Seattle, Intermediate Lien, Series 2022A                                                                                                 | CUSIP: 735389S58<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |    225000 | PA      | $230360.38    | 0.01%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Sales Tax, Series 2015B                                                                                      | CUSIP: 64990ADU6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45042.33     | 0.00%             | 2026-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2016-2                                                                                                                | CUSIP: 97705MEL5<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |    290000 | PA      | $291224.03    | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Asset Liability Commission                                              | Kentucky Asset Liability Commission, Federal Highway Trust Fund, Series 2015A                                                                    | CUSIP: 49118NFH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $245000.00    | 0.01%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp.                                           | Clifton Higher Education Finance Corp., Idea Public Schools                                                                                      | CUSIP: 187145VU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1976694.29   | 0.04%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | San Antonio Water System, Junior Lien, Series 2020A                                                                                              | CUSIP: 79642GHC9<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26720.26     | 0.00%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2018A                                                                                              | CUSIP: 452252NB1<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     60000 | PA      | $60516.23     | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Health and Hospitals Corp.                                         | New York City Health and Hospitals Corp., Health System, Series 2008C                                                                            | CUSIP: 649674GS1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  24300000 | PA      | $24300000.00  | 0.55%             | 2031-02-15      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| County of Seminole FL Water & Sewer Revenue                                      | County of Seminole Water and Sewer, Series 2015A                                                                                                 | CUSIP: 816705HZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55106.06     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2016                                                                                                        | CUSIP: 70914PE32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1358718.34   | 0.03%             | 2027-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                            | School District of Philadelphia (The), Series F                                                                                                  | CUSIP: 717883TD4<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51012.51     | 0.00%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Environmental Protection                                   | Florida Department of Environmental Protection, Series 2017A                                                                                     | CUSIP: 34160WA79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $208836.30    | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority Future Tax Secured, Series 2022C, Subseries C-1                                                     | CUSIP: 64971XJ66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36351.50     | 0.00%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Albuquerque Bernalillo County Water Utility Authority                            | Albuquerque Bernalillo County Water Utility Authority, Senior Lien Joint Water and Sewer System                                                  | CUSIP: 013493HH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1125347.52   | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tri-County Metropolitan Transportation District of Oregon                        | Tri-County Metropolitan Transportation District of Oregon, Senior Lien Payroll Tax, Series 2017A                                                 | CUSIP: 89546RNY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960000 | PA      | $985235.14    | 0.02%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | San Diego County Regional Airport Authority, Senior Private Activity                                                                             | CUSIP: 79739GSK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1748586.35   | 0.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Facilities Program, Series 2015I                                                                              | CUSIP: 594615JE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1695000 | PA      | $1700057.88   | 0.04%             | 2031-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                | Plano Independent School District, Unlimited Tax                                                                                                 | CUSIP: 727199D81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5703172.75   | 0.13%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2016C                                                                                                          | CUSIP: 45470RCU8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    230000 | PA      | $236139.80    | 0.01%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Wayne OH                                                               | County of Wayne, Limited Tax                                                                                                                     | CUSIP: 945880EV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17000000 | PA      | $17030389.20  | 0.39%             | 2025-12-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta Water and Wastewater, Series 2018C                                                                                               | CUSIP: 047870RC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31717.88     | 0.00%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Infrastructure Improvement, Series 2016A                                                                                          | CUSIP: 677522HM9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Expressway Authority                                           | Miami-Dade County Expressway Authority, Toll System, Series 2014B                                                                                | CUSIP: 593338AN6<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001607.30   | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | Central Puget Sound Regional Transit Authority, Series 2015S-1                                                                                   | CUSIP: 15504RFW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115502.95    | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ausable Valley Central School District                                           | Ausable Valley Central School District                                                                                                           | CUSIP: 052087GL1<br>LEI: 5493007R5JT7OH6ZYR81 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5055694.00   | 0.11%             | 2026-07-10      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                               | City of Seattle Municipal Light and Power, Series 2018A                                                                                          | CUSIP: 812643RD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70644.52     | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE Electric System Revenue                                       | City of Lincoln, Electric System, Series 2018                                                                                                    | CUSIP: 534272J34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150000.00    | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | Virginia Small Business Financing Authority, Environmental Facilities Pure Salmon Virginia LLC Project                                           | CUSIP: 92810RAC1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   4650000 | PA      | $4653165.26   | 0.11%             | 2052-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Colorado Springs CO Utilities System Revenue                             | City of Colorado Springs Utilities System, Series 2018A-1                                                                                        | CUSIP: 196632J20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36130.93     | 0.00%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, School Districts Financing Program, Series 2015D                                                             | CUSIP: 64990BJU8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50100.88     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Series 2016A                                                                                                      | CUSIP: 66285WSG2<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1547982.42   | 0.04%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, Parkview Medical center, Inc. Project                                                                      | CUSIP: 19648FBB9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    465000 | PA      | $471513.95    | 0.01%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Purdue University                                                                | Purdue University, Series 2016CC                                                                                                                 | CUSIP: 746189XK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30662.41     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                           | City of Mesa Utility System, Series 2017                                                                                                         | CUSIP: 590545XT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1543545.15   | 0.04%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mid-Bay Bridge Authority                                                         | Mid-Bay Bridge Authority, Series A                                                                                                               | CUSIP: 342814DR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1522681.13   | 0.03%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Elba Central School District                                                     | Elba Central School District                                                                                                                     | CUSIP: 284191ES8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11123000.90  | 0.25%             | 2026-06-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Mental Health Facilities Improvement Fund Projects, Series 2018A                                                                  | CUSIP: 677587DF1<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101919.54    | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                             | Missouri Joint Municipal Electric Utility Commission, Iatan Project 2, Series 2023                                                               | CUSIP: 606092LV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21142.53     | 0.00%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge and Tunnel Authority, Series 2024B                                                                                             | CUSIP: 89602HHD2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2026788.47   | 0.05%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water District of Southern California                               | Metropolitan Water District of Southern California, Waterworks, Series 2024B-2                                                                   | CUSIP: 59266TXQ9<br>LEI: 5493003GD0S0P56RLT45 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1449154.94   | 0.03%             | 2037-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Health Facilities Authority                                              | Arizona Health Facilities Authority, Banner Health, Series 2015B                                                                                 | CUSIP: 040507QS7<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |    300000 | PA      | $299875.98    | 0.01%             | 2046-01-01      | Floating      | 1.94%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Henry Ford Health System, Series 2016                                                                                | CUSIP: 59447TMD2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25680.87     | 0.00%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Groton CT                                                                | Town of Groton                                                                                                                                   | CUSIP: 3993525U3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6900000 | PA      | $6956393.70   | 0.16%             | 2026-04-23      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2015F                                                                                                               | CUSIP: 605581HB6<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |    190000 | PA      | $190507.36    | 0.00%             | 2034-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Johnson KS                                                             | County of Johnson, Series 2018A                                                                                                                  | CUSIP: 47844PKL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Dover NJ                                                                 | Town of Dover, General Improvement Water Utility                                                                                                 | CUSIP: 260237LW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17039000 | PA      | $17157109.24  | 0.39%             | 2026-01-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | County of Miami-Dade, Series 2016B                                                                                                               | CUSIP: 59333ND42<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20289.03     | 0.00%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston, Combined Utility System, First Lien, Series 2016B                                                                               | CUSIP: 44244CGM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2130000 | PA      | $2189242.12   | 0.05%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | County of Miami-Dade, Series 2016B                                                                                                               | CUSIP: 59333ND34<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    175000 | PA      | $177568.41    | 0.00%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority                               | Southeastern Pennsylvania Transportation Authority, Series 2020                                                                                  | CUSIP: 842039EP0<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31940.10     | 0.00%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado River Municipal Water District                                          | Colorado River Municipal Water District, Series 2017                                                                                             | CUSIP: 196558SH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51662.22     | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Worcester Regional Transit Authority                                             | Worcester Regional Transit Authority                                                                                                             | CUSIP: 981325CP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8083120.00   | 0.18%             | 2026-06-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth Transportation Board                                       | Virginia Commonwealth Transportation Board, Federal Transportation, Series 2017                                                                  | CUSIP: 92778UBX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30027.54     | 0.00%             | 2025-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Township of Washington NJ/Bergen County                                          | Township of Washington                                                                                                                           | CUSIP: 940399JX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7420189 | PA      | $7508596.84   | 0.17%             | 2026-07-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2020B                                                                                                                  | CUSIP: 4521526S5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    175000 | PA      | $187000.19    | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Unitypoint Health, Series 2016D                                                                                      | CUSIP: 45204ECM8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   5495000 | PA      | $5533219.37   | 0.13%             | 2046-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Polk IA                                                                | County of Polk, Series 2024A                                                                                                                     | CUSIP: 731197Z77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2353996.90   | 0.05%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 403 Renton                                       | King County School District No. 403 Renton, Unlimited Tax, Series 2017                                                                           | CUSIP: 495080UJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35134.69     | 0.00%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, General Airport, Senior Lien, Series 2022D                                                                 | CUSIP: 1675932Q4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30989.33     | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2024-1                                                                                                                | CUSIP: 97705MH81<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30530.02     | 0.00%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, New York University, Series 2016A                                                                            | CUSIP: 64990CEH0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35749.23     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                                    | Alabama Federal Aid Highway Finance Authority, Series A                                                                                          | CUSIP: 010268BN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $78750.38     | 0.00%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Senior Lien, Series 2017                                                                                   | CUSIP: 153476CQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52163.94     | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Environmental Protection                                   | Florida Department of Environmental Protection, Series 2017A                                                                                     | CUSIP: 34160WA61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $157160.82    | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Scotts Bluff County School District No. 32                                       | Scotts Bluff County School District No. 32, Series 2015                                                                                          | CUSIP: 810181DZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60382.09     | 0.00%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority Central Regional Wastewater System Revenue               | Trinity River Authority Central Regional Wastewater System, Series 2017                                                                          | CUSIP: 89658HUZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2097636.20   | 0.05%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Senior Lien, Series 2016B                                                                                  | CUSIP: 153476BF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $96991.24     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                               | City of Seattle Municipal Light and Power, Series 2016B                                                                                          | CUSIP: 812643MW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $187958.98    | 0.00%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia State Road & Tollway Authority                                           | Georgia State Road and Tollway Authority, Series 2020                                                                                            | CUSIP: 37358MEH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61219.25     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2015                                                                                                                | CUSIP: 469495DF9<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20040.28     | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCAGO Educational Facilities Corp. for Pickens School District                   | SCAGO Educational Facilities Corp. for Pickens School District, Series 2015                                                                      | CUSIP: 80585TCE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2385000 | PA      | $2388214.03   | 0.05%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | San Antonio Water System, Junior Lien, Series 2021A                                                                                              | CUSIP: 79642GMJ8<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42752.42     | 0.00%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, CWA Authority Project, Series 2021-2                                                                                  | CUSIP: 45505MKC9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70137.19     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Desert Community College District                                                | Desert Community College District, Series 2016                                                                                                   | CUSIP: 250375GA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25287.99     | 0.00%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | New York State Thruway Authority, Series 2021A-1                                                                                                 | CUSIP: 650028WL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20286.38     | 0.00%             | 2026-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, General Airport, Senior Lien, Series C                                                                     | CUSIP: 167593VJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $312557.72    | 0.01%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County School Board                                                     | Sarasota County School Board, Florida Certificates of Participation Master Lease Program, Series 2023A                                           | CUSIP: 80330QDH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21818.03     | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Public Finance Authority, Series 2018A                                                                                           | CUSIP: 882724JB4<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50100.46     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brick Township Municipal Utilities Authority (The)                               | Brick Township Municipal Utilities Authority (The), Series 2016B                                                                                 | CUSIP: 107897JH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201240.98    | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Commerce Corp.                                                      | Rhode Island Commerce Corp., Department of Transportation, Series 2016B                                                                          | CUSIP: 762232AL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $417808.70    | 0.01%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                                    | Alabama Federal Aid Highway Finance Authority, Series 2016A                                                                                      | CUSIP: 010268AZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3215000 | PA      | $3294695.99   | 0.07%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, General Airport, Senior Lien, Series 2022D                                                                 | CUSIP: 1675932P6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $216678.42    | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Gas Prepay Project No. 4, Series 2019A-1                                                                         | CUSIP: 09182RAR2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  25000000 | PA      | $25040867.50  | 0.57%             | 2049-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Uchicago Medicine, Series 2022B-2                                                                                    | CUSIP: 45204FTD7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3110159.10   | 0.07%             | 2052-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority for Fulton County                                          | Development Authority for Fulton County, Series 2017B                                                                                            | CUSIP: 36005FAF2<br>LEI: 549300533NJL38F4K144 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100417.21    | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Deutsche Intermediate Tax-Free Fund                                              | City of Houston, Combined Utility System, First Lien, Series 2024A                                                                               | CUSIP: 44244CS32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031829.10   | 0.02%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hampton Roads Sanitation District                                                | Hampton Roads Sanitation District, Subordinate Wastewater, Series 2016A                                                                          | CUSIP: 409327HJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56340.98     | 0.00%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 130, Series 2024B                                                                   | CUSIP: 49151F2Y5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175680.31    | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | State of Hawaii, Series 2016FB                                                                                                                   | CUSIP: 419792HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125802.49    | 0.00%             | 2029-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Water System Revenue                                          | City of Seattle Water System, Series 2022                                                                                                        | CUSIP: 812728WY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.01%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Township of Little Egg Harbor NJ                                                 | Township of Little Egg Harbor, Series 2025A                                                                                                      | CUSIP: 537089ER1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3508000 | PA      | $3525293.39   | 0.08%             | 2026-01-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | Florida Municipal Power Agency, All-Requirements Power Supply Project, Series 2017A                                                              | CUSIP: 342816P25<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |    150000 | PA      | $157725.62    | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | City of Houston, Airport System, Subordinate Lien, Series 2018D                                                                                  | CUSIP: 442349CR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $204199.40    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2017D                                                                                                               | CUSIP: 25476FUZ9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2085089.80   | 0.05%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | Florida Municipal Power Agency, All-Requirements Power Supply Project, Series 2018A                                                              | CUSIP: 342816Q24<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |    115000 | PA      | $117300.08    | 0.00%             | 2028-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Memphis TN Gas Revenue                                                   | City of Memphis Gas System, Series 2016                                                                                                          | CUSIP: 58616PAN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2185000 | PA      | $2245273.01   | 0.05%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Transportation State Highway Fund                            | Texas Department of Transportation State Highway Fund, First Tier, Series 2016A                                                                  | CUSIP: 88283LKJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100206.68    | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 131, Series A                                                                       | CUSIP: 49151F3R9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1949001.27   | 0.04%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Subordinate, Series A-2                                                                                        | CUSIP: 709224NH8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   5530000 | PA      | $5626393.43   | 0.13%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Beaumont Spectrum, Series 2022A                                                                                      | CUSIP: 59447T3G6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51955.26     | 0.00%             | 2027-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation                                    | State of Florida Department of Transportation                                                                                                    | CUSIP: 34160KBA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27848.24     | 0.00%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Williamson TX                                                          | County of Williamson, Limited Tax                                                                                                                | CUSIP: 969888CS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $231249.02    | 0.01%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois Municipal Power Agency                                         | Northern Illinois Municipal Power Agency, Series 2016A                                                                                           | CUSIP: 665250CN4<br>LEI: VWCV6ROJUT9NS55JU583 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1349179.61   | 0.03%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Conservancy District                                                | South Dakota Conservancy District, Series 2017B                                                                                                  | CUSIP: 837545LR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1319737.61   | 0.03%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                     | City and County of Honolulu, Series A                                                                                                            | CUSIP: 438687AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Various Purpose, Series 2018A                                                                                                | CUSIP: 60412APE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2820000 | PA      | $3030675.15   | 0.07%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Columbia SC Waterworks & Sewer System Revenue                            | City of Columbia Waterworks and Sewer System, Series 2016B                                                                                       | CUSIP: 198504WJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505436.55    | 0.01%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | New York City Transitional Finance Authority Building Aid, Series 2016S-1                                                                        | CUSIP: 64972HYK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $423825.95    | 0.01%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of El Paso TX                                                               | City of El Paso, Series 2020A                                                                                                                    | CUSIP: 283734R78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21840.09     | 0.00%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | City of Detroit, Unlimited Tax, Series 2023A                                                                                                     | CUSIP: 2510935U0<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014887.60   | 0.02%             | 2026-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Clean Water Initiative Revolving Fund, Series 2020                                                                   | CUSIP: 45204FFH3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37883.32     | 0.00%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | Pennsylvania Economic Development Financing Authority, University of Pittsburgh Medical Center                                                   | CUSIP: 70869PLG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $258132.50    | 0.01%             | 2026-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Louis County Library District                                                 | St. Louis County Library District                                                                                                                | CUSIP: 79152QAP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2011312.33   | 0.05%             | 2027-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 130, Series 2024B                                                                   | CUSIP: 49151F3D0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $188923.19    | 0.00%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Alaska                                                             | University of Alaska, Series 2015T                                                                                                               | CUSIP: 914046ZF7<br>LEI: 549300HX0P0XT4OEJZ25 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500865.15    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                   | Washington Metropolitan Area Transit Authority, Series A-1                                                                                       | CUSIP: 938782EQ8<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26128.30     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | State of Hawaii, Series FN                                                                                                                       | CUSIP: 419792SE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25051.26     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | New Jersey Health Care Facilities Financing Authority, Virtua Health Obligated Group                                                             | CUSIP: 645790RT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1129057.09   | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Water Infrastructure Finance Authority                                   | Arizona Water Infrastructure Finance Authority, Series 2024                                                                                      | CUSIP: 040688PD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5520000 | PA      | $5824765.27   | 0.13%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, RWJ Barnabas Health, Series 1997A                                                                     | CUSIP: 645905S68<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1980000 | PA      | $1935480.10   | 0.04%             | 2026-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health and Educational Facilities Authority, Advocate Aurora Health Credit Group, Series 2018B-2                                       | CUSIP: 97712JGW7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1710879.91   | 0.04%             | 2054-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia Income Tax, Series 2020A                                                                                                    | CUSIP: 25477GRG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20787.51     | 0.00%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Seward County Unified School District No. 480 Liberal                            | Seward County Unified School District No. 480 Liberal, Series 2017-B                                                                             | CUSIP: 818461JQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25000.00     | 0.00%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Infrastructure Bank                                                   | New Jersey Infrastructure Bank, Series 2012A-R                                                                                                   | CUSIP: 645791CY8<br>LEI: 5493006ZE03IRA2BET07 | Long             | DBT              | MUN               | US        |    120000 | PA      | $120000.00    | 0.00%             | 2025-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Henry Ford Health System, Series 2016                                                                                | CUSIP: 59447TMA8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    265000 | PA      | $266334.86    | 0.01%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Hamilton OH                                                              | City of Hamilton, Limited Tax Various Purpose                                                                                                    | CUSIP: 407756P82<br>LEI: 549300NCXYTNZWHRP508 | Long             | DBT              | MUN               | US        |   2520000 | PA      | $2528109.36   | 0.06%             | 2025-12-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2017, Series 2017A, Subseries A-1                                                                                  | CUSIP: 64966MFP9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    130000 | PA      | $132770.22    | 0.00%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Convention Center/Orlando                                          | Orange County Convention Center, Series 2017                                                                                                     | CUSIP: 684545A89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $142259.65    | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New Jersey                                                              | State of New Jersey                                                                                                                              | CUSIP: 646039WQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20907.16     | 0.00%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Presbyterian Homes Obligated Group, Series 2021B                                                                     | CUSIP: 45204FHM0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | STIV             | MUN               | US        |   5790000 | PA      | $5756067.71   | 0.13%             | 2042-05-01      | Floating      | 3.43%                 | No            |                  2 | On Loan: No      |
| State of New Mexico Severance Tax Permanent Fund                                 | State of New Mexico Severance Tax Permanent Fund, Series 2020A                                                                                   | CUSIP: 6473103F6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    785000 | PA      | $802524.18    | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2023B                                                                                            | CUSIP: 23503CCK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100402.21    | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | California Health Facilities Financing Authority, St. Joseph Health System, Series 2019C                                                         | CUSIP: 13032UB80<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |  20030000 | PA      | $20070765.06  | 0.46%             | 2039-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Brownsville TX Utilities System Revenue                                  | City of Brownsville, Utilities System, Series 2013A                                                                                              | CUSIP: 116475K78<br>LEI: 549300ZLUVMJ8K0OEK50 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Owego Apalachin Central School District                                          | Owego Apalachin Central School District, Series 2025B                                                                                            | CUSIP: 690632HV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7400000 | PA      | $7484387.38   | 0.17%             | 2026-07-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Electric Utility Revenue                                       | City of Austin Electric Utility, Series 2020A                                                                                                    | CUSIP: 052414TN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25129.02     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston Combined Utility System, Series 2017B                                                                                            | CUSIP: 44244CMV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $256336.99    | 0.01%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, State Water Implementation Fund, Series 2018B                                                                     | CUSIP: 882854N24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $311620.57    | 0.01%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series B                                                                                                | CUSIP: 71884AA82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $235078.45    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | Southern California Public Power Authority, Series 2023-1                                                                                        | CUSIP: 84247PMQ1<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1335545.26   | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | California Municipal Finance Authority, Waste Management, Inc., Project, Series 2020                                                             | CUSIP: 13048RAH0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | STIV             | MUN               | US        |   3800000 | PA      | $3800000.00   | 0.09%             | 2045-10-01      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, Adventist Health System, Series A-1                                                                        | CUSIP: 19648FXD1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1435091.45   | 0.03%             | 2058-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2008, Series 2008L-6                                                                                               | CUSIP: 64966QBS8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31892.41     | 0.00%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2018A                                                                                                               | CUSIP: 605581LA3<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36053.52     | 0.00%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Transportation Commission Mobility Fund, Series 2015A                                                                            | CUSIP: 882723ZE2<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1252169.38   | 0.03%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | Kentucky Public Energy Authority, Gas Supply, Series 2020A                                                                                       | CUSIP: 74440DCZ5<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    710000 | PA      | $714169.55    | 0.02%             | 2050-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida Department of Transportation Turnpike System, Series 2024A                                                                      | CUSIP: 343137RR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $22614.57     | 0.00%             | 2029-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Derby KS                                                                 | City of Derby, Series 2024-1                                                                                                                     | CUSIP: 249776KX2<br>LEI: 549300CONBN0WRKRFQ93 | Long             | DBT              | MUN               | US        |   4180000 | PA      | $4193052.05   | 0.10%             | 2026-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal year 2021, Series 2021, Subseries EE2 | CUSIP: 64972GZB3<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | STIV             | MUN               | US        |  65000000 | PA      | $65000000.00  | 1.48%             | 2045-06-15      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2017D                                                                                                                  | CUSIP: 452152Q46<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   6180000 | PA      | $6203383.27   | 0.14%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hawaii HI                                                              | County of Hawaii, Series C                                                                                                                       | CUSIP: 419722P72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20268.53     | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                        | Harris County Cultural Education Facilities Finance Corp., Texas Childrens Hospital, Series 2015-1                                               | CUSIP: 414009JR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40070.86     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New Jersey                                                              | State of New Jersey                                                                                                                              | CUSIP: 646039WX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46315.67     | 0.00%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Township of Hamilton NJ/Atlantic County                                          | Township of Hamilton                                                                                                                             | CUSIP: 408000GJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8150000 | PA      | $8239866.79   | 0.19%             | 2026-06-05      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Township of Readington NJ                                                        | Township of Readington                                                                                                                           | CUSIP: 755664MR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3002000 | PA      | $3005317.21   | 0.07%             | 2025-09-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Gas Project No. 6, Series 2021B                                                                                  | CUSIP: 09182TAF4<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     60000 | PA      | $60618.26     | 0.00%             | 2052-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Wake NC                                                                | County of Wake, Series 2020A                                                                                                                     | CUSIP: 930864CW1<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |     70000 | PA      | $71097.42     | 0.00%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Authority                                                     | New Mexico Finance Authority, State Transportation, Subordinate Lien, Series 2021A                                                               | CUSIP: 64711RML7<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |   1830000 | PA      | $1868460.20   | 0.04%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Senior Lien, Series 2016B                                                                                  | CUSIP: 153476BH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020016.60   | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                             | School District of Broward County, Florida Certificates of Participation, Series A                                                               | CUSIP: 115065YX6<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1091344.15   | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook Kane Lake & McHenry Counties Community College District No. 512             | Cook Kane Lake and McHenry Counties Community College District No. 512, William Rainey Harper College, Series 2017B                              | CUSIP: 216181GF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $395665.50    | 0.01%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority, Duke Energy Progress Project                                                                                           | CUSIP: 74447HAC2<br>LEI: 5493004S6D3NA627K012 | Long             | STIV             | MUN               | US        |   1250000 | PA      | $1280685.88   | 0.03%             | 2046-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Transportation System, Series 2021A                                                              | CUSIP: 6461367Q8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101904.56    | 0.00%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Arizona                                                                 | State of Arizona                                                                                                                                 | CUSIP: 040588K95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $95000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Second Tier, Series B                                                                                             | CUSIP: 66285WM52<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    260000 | PA      | $260457.11    | 0.01%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jersey City NJ                                                           | City of Jersey City, Series 2025A                                                                                                                | CUSIP: 476576VV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10700000 | PA      | $10817069.77  | 0.25%             | 2026-07-08      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Memphis-Shelby County Industrial Development Board                               | Memphis-Shelby County Industrial Development Board, Series 2017B                                                                                 | CUSIP: 586108AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46304.55     | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                     | City and County of Honolulu, Series A                                                                                                            | CUSIP: 438687AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20521.57     | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 108, Series B                                                                       | CUSIP: 49151FHJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46075.87     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, General Airport, Senior Lien, Series C                                                                     | CUSIP: 167593VL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $181377.90    | 0.00%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Municipal Power Authority                                               | Oklahoma Municipal Power Authority, Power Supply System, Series 2021A                                                                            | CUSIP: 67910HQU7<br>LEI: 54930074Q1M8747DCS20 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20656.68     | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Curators of the University of Missouri (The)                                     | Curators of the University of Missouri (The), Series 2024                                                                                        | CUSIP: 231266MS3<br>LEI: G0G4PRB87K0V5MXIV248 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4230348.00   | 0.10%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Edward Elmhurst Healthcare, Series 2017A                                                                             | CUSIP: 45204ERG5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    140000 | PA      | $144637.04    | 0.00%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                           | City of San Antonio, Drainage Utility System                                                                                                     | CUSIP: 796311CV8<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50092.02     | 0.00%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority Educational Facilities, 21St Century College and Equipment Programs, Series 2019C                            | CUSIP: 92778VHU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30327.99     | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2024A                                                                                                   | CUSIP: 709225JG2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21663.47     | 0.00%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2025-2                                                                                                                | CUSIP: 97705MM77<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1639759.65   | 0.04%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston, Series 2021A                                                                                                                    | CUSIP: 4423316H2<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21226.72     | 0.00%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, LCRA Transmission Services Corp., Project, Series 2022                                                           | CUSIP: 54811BYB1<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     50000 | PA      | $53224.01     | 0.00%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, NCMC, Inc., Project, Series 2025-XM1212                                                                    | CUSIP: 19648A6E0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    180000 | PA      | $181729.53    | 0.00%             | 2032-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | Dallas Area Rapid Transit, Sales Tax, Senior Lien, Series 2016A                                                                                  | CUSIP: 235241RJ7<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25153.57     | 0.00%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Commerce Corp.                                                      | Rhode Island Commerce Corp., Department of Transportation, Series 2016B                                                                          | CUSIP: 762232AM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $442981.25    | 0.01%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | County of Miami-Dade, Series 2017A                                                                                                               | CUSIP: 59333NF81<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    195000 | PA      | $198000.29    | 0.00%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grant County Public Utility District No. 2 Electric Revenue                      | Grant County Public Utility District No. 2 Electric, Series 2023U                                                                                | CUSIP: 387874YX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3630000 | PA      | $3644809.31   | 0.08%             | 2026-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2019A                                                                                                               | CUSIP: 25476FXC7<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     60000 | PA      | $60183.56     | 0.00%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Fort Bend TX                                                           | County of Fort Bend, Unlimited Tax, Series B                                                                                                     | CUSIP: 346766TW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25316.56     | 0.00%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State University System                                                    | Texas State University System, Series A                                                                                                          | CUSIP: 88278PUJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180548.51    | 0.00%             | 2026-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Indianapolis Department of Public Utilities Gas Utility Revenue          | City of Indianapolis, Department of Public Utilities Gas Utility, Second Lien, Series 2017A                                                      | CUSIP: 455398NP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $115730.75    | 0.00%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, School Districts Financing Program, Series B                                                                 | CUSIP: 64990CWS6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50097.17     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | Ohio Air Quality Development Authority, American Electric Power Co. Project, Series 2014D                                                        | CUSIP: 677525WY9<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2994991.20   | 0.07%             | 2026-05-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                      | New Hampshire Health and Education Facilities Authority Act, Series 2015A                                                                        | CUSIP: 64461XJX4<br>LEI: 549300CNCK7OT82W5653 | Long             | STIV             | MUN               | US        |   3000000 | PA      | $3022356.90   | 0.07%             | 2040-06-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, The Carle Foundation, Series 2021A                                                                                   | CUSIP: 45204FJA4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    210000 | PA      | $219685.18    | 0.00%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Vernon CA Electric System Revenue                                        | City of Vernon, Electric System, Series 2021A                                                                                                    | CUSIP: 924397EJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25317.75     | 0.00%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | South Carolina Public Service Authority, Santee Cooper, Series 2022B                                                                             | CUSIP: 837151X87<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3671411.10   | 0.08%             | 2029-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Environmental Protection                                   | Florida Department of Environmental Protection, Series 2017A                                                                                     | CUSIP: 34160WA53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102182.34    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami University/Oxford OH                                                       | Miami University, Series 2017                                                                                                                    | CUSIP: 593791HK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25646.97     | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA Water & Sewerage Revenue                                     | County of DeKalb, Water and Sewerage, Series 2006B                                                                                               | CUSIP: 240523UH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20044.76     | 0.00%             | 2025-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Geneseo Central School District                                                  | Geneseo Central School District                                                                                                                  | CUSIP: 371826FJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7235000 | PA      | $7304458.17   | 0.17%             | 2026-06-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Article XI-F Project, Series 2025F                                                                                              | CUSIP: 68609URE7<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2103758.20   | 0.05%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of North Carolina                                                          | State of North Carolina, Limited Obligation, Series 2013A                                                                                        | CUSIP: 65829QAZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $9970.57      | 0.00%             | 2026-05-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Senior Lien, Series 2015B                                                                                                      | CUSIP: 414005VG0<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |     90000 | PA      | $90148.12     | 0.00%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Higher Education Building Authority                             | Allegheny County Higher Education Building Authority, Robert Morris University                                                                   | CUSIP: 01728RMT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4670000 | PA      | $4902408.62   | 0.11%             | 2047-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health and Educational Facilities Authority, Froedtert Health, Inc., Obligated Group, Series 2021B                                     | CUSIP: 97712D8W9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | STIV             | MUN               | US        |  20000000 | PA      | $20000000.00  | 0.45%             | 2048-04-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Town of Westford MA                                                              | Town of Westford                                                                                                                                 | CUSIP: 960266P99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17720270 | PA      | $17908588.63  | 0.41%             | 2026-04-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | San Antonio Water System, Subordinate Lien, Series 2024A                                                                                         | CUSIP: 79642GQR6<br>LEI: 549300S7VENCVRZAA322 | Long             | STIV             | MUN               | US        |  15000000 | PA      | $15000000.00  | 0.34%             | 2054-05-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                            | School District of Philadelphia (The), Series F                                                                                                  | CUSIP: 717883TB8<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    350000 | PA      | $358565.76    | 0.01%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2023A                                                                                                               | CUSIP: 469487UH3<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100202.27    | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas Department of Transportation, Series 2025A                                                                                       | CUSIP: 485424TM7<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2496508.70   | 0.06%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Dorado Irrigation District                                                    | El Dorado Irrigation District, Series 2016C                                                                                                      | CUSIP: 283062CA3<br>LEI: 54930090GZM9I8KVSN04 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40570.86     | 0.00%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | Orange County Health Facilities Authority, Orlando Health Obligated Group, Series 2019B                                                          | CUSIP: 68450LFZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1122205.06   | 0.03%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bi-State Development Agency of the Missouri-Illinois Metropolitan District       | Bi-State Development Agency of the Missouri-Illinois Metropolitan District, Combined Lien Mass Sales Tax, Series 2019                            | CUSIP: 088632BW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $143752.06    | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, University Hospitals Health System, Inc., Series 2016A                                                                            | CUSIP: 67756CCJ5<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     95000 | PA      | $95750.53     | 0.00%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hennepin MN Sales Tax Revenue                                          | County of Hennepin Sales Tax, Series 2017A                                                                                                       | CUSIP: 425538CW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55404.32     | 0.00%             | 2025-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water and Power System, Series 2022E                                                                                   | CUSIP: 544532GB4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1937050.38   | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | Pennsylvania Economic Development Financing Authority, University of Pittsburgh Medical Center, Series 2016                                      | CUSIP: 70869PLH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20459.90     | 0.00%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Clean Water Initiative Revolving Fund, Series 2019                                                                   | CUSIP: 45204EW20<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    285000 | PA      | $287366.58    | 0.01%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rib Floater Trust Various States                                                 | RIB Floater Trust Various States, Series 2022-046                                                                                                | CUSIP: 76252PXR5<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  30000000 | PA      | $30000000.00  | 0.68%             | 2058-03-01      | Variable      | 3.88%                 | Yes           |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Transportation System, Series 2019A                                                              | CUSIP: 6461366D8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31686.49     | 0.00%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District                                                 | Regional Transportation District, Denver Transit Partners, Series 2020A                                                                          | CUSIP: 759151AZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $965131.70    | 0.02%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | Metropolitan Washington Airports Authority Aviation, Series 2024A                                                                                | CUSIP: 592647MN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3824801.40   | 0.09%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Housing Finance Authority                                      | Miami-Dade County Housing Finance Authority, Santa Clara II Apartments, Series 2023                                                              | CUSIP: 593344BP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5225000 | PA      | $5232933.12   | 0.12%             | 2026-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                   | Wayne County Airport Authority, Series C                                                                                                         | CUSIP: 944514XZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $216565.06    | 0.00%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kings Local School District                                                      | Kings Local School District, Unlimited Tax                                                                                                       | CUSIP: 496026ND3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4075425.20   | 0.09%             | 2026-07-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Township of Manchester NJ                                                        | Township of Manchester, Series 2025A                                                                                                             | CUSIP: 562462PV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17123054 | PA      | $17308803.18  | 0.39%             | 2026-05-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water and Power System, Series 2024C                                                                                   | CUSIP: 544532MC5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    625000 | PA      | $689979.44    | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Union High School District No. 210-Phoenix                       | Maricopa County Union High School District No. 210-Phoenix, Project of 2023, Series 2025B                                                        | CUSIP: 567505SL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2375000 | PA      | $2490161.85   | 0.06%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | Territory of Guam, Series 2025G                                                                                                                  | CUSIP: 40065NCV7<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    850000 | PA      | $901163.46    | 0.02%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2021A                                                                                                                  | CUSIP: 452153BS7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     50000 | PA      | $53714.14     | 0.00%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | Connecticut State Health and Educational Facilities Authority, University System Issue, Series L                                                 | CUSIP: 20774YGN1<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    120000 | PA      | $120024.68    | 0.00%             | 2026-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Capital Facilities Finance Agency                                 | North Carolina Capital Facilities Finance Agency, Duke University Project, Series 2015B                                                          | CUSIP: 65819GKW7<br>LEI: 549300PWNPSB7G58A235 | Long             | DBT              | MUN               | US        |   2095000 | PA      | $2099125.89   | 0.05%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                            | County of Cuyahoga, Convention Hotel Project                                                                                                     | CUSIP: 23225PAW5<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   7490000 | PA      | $7529917.21   | 0.17%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County Public Utility District No. 1 Electric Revenue                      | Clark County Public Utility District No. 1 Electric, Series 2024                                                                                 | CUSIP: 181108E64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $730910.05    | 0.02%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Abington MA                                                              | Town of Abington                                                                                                                                 | CUSIP: 003518QK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2484995 | PA      | $2506931.79   | 0.06%             | 2026-04-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Municipality of Anchorage AK                                                     | Municipality of Anchorage, Series D                                                                                                              | CUSIP: 0331614G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2024-1                                                                                                                | CUSIP: 97705MH99<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |    495000 | PA      | $517280.20    | 0.01%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | Louisiana Local Government Environmental Facilities and Community Development Authority, Series 2017                                             | CUSIP: 54628CCP5<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    200000 | PA      | $205283.08    | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation                                    | State of Florida Department of Transportation, Series 2021A                                                                                      | CUSIP: 34160DAU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $62919.51     | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                              | Geisinger Authority, Health System, Series 2020B                                                                                                 | CUSIP: 368497JX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13940000 | PA      | $14217779.59  | 0.32%             | 2043-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2021A                                                                                                                  | CUSIP: 452153BT5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     65000 | PA      | $70929.35     | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2017, Series 2017A, Subseries A-1                                                                                  | CUSIP: 64966MEW5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40967.06     | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, General Airport, Senior Lien, Series C                                                                     | CUSIP: 167593VK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $891856.01    | 0.02%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                         | City of Austin, Airport System, Series 2017A                                                                                                     | CUSIP: 052398ET7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $262151.81    | 0.01%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | Great Lakes Water Authority Water Supply System, Senior Lien                                                                                     | CUSIP: 39081JAJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50945.98     | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Virginia Beach VA                                                        | City of Virginia Beach, Series 2017A                                                                                                             | CUSIP: 927734G72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25389.02     | 0.00%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hudson County Improvement Authority                                              | Hudson County Improvement Authority, Courthouse Project, Series 2020                                                                             | CUSIP: 443730PK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $200416.01    | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of New Hanover NC                                                         | County of New Hanover, New Hanover Regional Medical Center, Series 2017                                                                          | CUSIP: 644804FB7<br>LEI: 549300TDDH9O6TH23823 | Long             | DBT              | MUN               | US        |     45000 | PA      | $47481.12     | 0.00%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                             | Minneapolis-St. Paul Metropolitan Airports Commission, Series A                                                                                  | CUSIP: 603827WR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60324.37     | 0.00%             | 2026-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Cortlandt NY                                                             | Town of Cortlandt                                                                                                                                | CUSIP: 220741NT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3604210.56   | 0.08%             | 2025-10-03      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin Water and Wastewater System                                                                                                       | CUSIP: 052477MJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $275104.85    | 0.01%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Facilities Program, Series 2015I                                                                              | CUSIP: 594615BH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20059.68     | 0.00%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Expressway Authority                                           | Miami-Dade County Expressway Authority, Toll System, Series 2014A                                                                                | CUSIP: 59334KJG4<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150237.45    | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                            | County of Cuyahoga, Convention Hotel Project                                                                                                     | CUSIP: 23225PAX3<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $5916528.63   | 0.13%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | New Jersey Turnpike Authority, Series 2005D-2                                                                                                    | CUSIP: 646139ZW8<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |  12445000 | PA      | $12561408.04  | 0.29%             | 2026-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Railsplitter Tobacco Settlement Authority                                        | Railsplitter Tobacco Settlement Authority, Series 2017                                                                                           | CUSIP: 75076PAY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1543985.59   | 0.04%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Turnpike Authority                                                      | Kentucky Turnpike Authority, Revitalization Projects, Series B                                                                                   | CUSIP: 491552Q99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31366.08     | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Canadian County Independent School District No. 69 Mustang                       | Canadian County Independent School District No. 69 Mustang, Series 2024C                                                                         | CUSIP: 135591JG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2565000 | PA      | $2589390.84   | 0.06%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Borough of Carlstadt NJ                                                          | Borough of Carlstadt                                                                                                                             | CUSIP: 142825HH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10106819.00  | 0.23%             | 2026-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | San Antonio Water System, Junior Lien, Series 2016C                                                                                              | CUSIP: 79642B3Q4<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101732.46    | 0.00%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | California Statewide Communities Development Authority, Adventist Health System/West Obligated Group, Series 2007A                               | CUSIP: 13080SYC2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    775000 | PA      | $791199.05    | 0.02%             | 2037-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Environmental Protection                                   | Florida Department of Environmental Protection, Series 2019B                                                                                     | CUSIP: 34160WE26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $199255.56    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health and Educational Facilities Authority, Unity Point Health, Series 2014A                                                          | CUSIP: 97670FBA8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    825000 | PA      | $825799.76    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Massachusetts Building Authority                                   | University of Massachusetts Building Authority, Series 2015-1                                                                                    | CUSIP: 914440QG0<br>LEI: 6ILE2573NPR1XO2TR556 | Long             | DBT              | MUN               | US        |     85000 | PA      | $85364.66     | 0.00%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority Educational Facilities, 21St Century College and Equipment Programs, Series 2017E                            | CUSIP: 92778VFH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $301702.20    | 0.01%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2018A                                                                                                                  | CUSIP: 196711QW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25783.43     | 0.00%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Wichita KS Water & Sewer Utility Revenue                                 | City of Wichita Water and Sewer Utility, Series 2016B                                                                                            | CUSIP: 967338A20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30056.73     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2020A                                                                                            | CUSIP: 2350365D8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $80997.41     | 0.00%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Electric and Gas Systems, Series 2024D                                                                                      | CUSIP: 79625GLC5<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1622188.80   | 0.04%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Electric Utility Revenue                                       | City of Austin Electric Utility, Series 2015A                                                                                                    | CUSIP: 052414PJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $155731.17    | 0.00%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue              | Metropolitan Washington Airports Authority Dulles Toll Road, Second Line, Series 2009C                                                           | CUSIP: 592643BM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1119896.52   | 0.03%             | 2041-10-01      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | City of Dallas Waterworks and Sewer System, Series 2015A                                                                                         | CUSIP: 2354166N9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2260000 | PA      | $2264200.89   | 0.05%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisa Industrial Development Authority                                          | Louisa Industrial Development Authority, Electric and Power Co. Project, Series 2008B                                                            | CUSIP: 546068AV9<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |    100000 | PA      | $100000.00    | 0.00%             | 2035-11-01      | Variable      | 0.75%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Senior Lien, Series 2016A                                                                                                      | CUSIP: 414005WG9<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |    310000 | PA      | $316914.89    | 0.01%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Centre County Hospital Authority                                                 | Centre County Hospital Authority, Mount Nittany Medical Center Project, Series A                                                                 | CUSIP: 156273FJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $874263.70    | 0.02%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Swedish Covenant Hospital, Series 2016A                                                                              | CUSIP: 45204EQA9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    380000 | PA      | $388245.58    | 0.01%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                            | School District of Philadelphia (The), Series F                                                                                                  | CUSIP: 717883XS6<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51007.24     | 0.00%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Bexar TX                                                               | County of Bexar, Limited Tax, Series 2017                                                                                                        | CUSIP: 088281ZX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3025000 | PA      | $3080520.85   | 0.07%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Stillwater NY                                                            | Town of Stillwater                                                                                                                               | CUSIP: 860792DB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5020000 | PA      | $5073716.01   | 0.12%             | 2026-05-29      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2025, Series 2025C, Subseries C-1                                  | CUSIP: 64972JLR7<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   4800000 | PA      | $5016050.40   | 0.11%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Telecommunication Open Infrastructure Agency                                | Utah Telecommunication Open Infrastructure Agency, Series 2022                                                                                   | CUSIP: 91756SAD5<br>LEI: 549300LCGT5UXUJ1LP77 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20331.55     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho State Building Authority                                                   | Idaho State Building Authority, Sales Tax, Series 2024A                                                                                          | CUSIP: 451446AB4<br>LEI: 549300XZ1VJYPPKQZU06 | Long             | DBT              | MUN               | US        |    245000 | PA      | $249886.65    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, LCRA Transmission Services Corp., Project, Series 2019A                                                          | CUSIP: 54811BTH4<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    175000 | PA      | $177970.21    | 0.00%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina State University at Raleigh                                       | North Carolina State University at Raleigh, Series 2018                                                                                          | CUSIP: 658289F99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25050.45     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greenville County School District                                                | Greenville County School District, Series 2023                                                                                                   | CUSIP: 396066JD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1332657.84   | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | Maricopa County Industrial Development Authority, Banner Health, Series 2023A-2                                                                  | CUSIP: 56682HDV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $394366.58    | 0.01%             | 2053-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | District of Columbia Water and Sewer Authority, Series A                                                                                         | CUSIP: 254845LM0<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |     90000 | PA      | $90173.55     | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                        | Harris County Cultural Education Facilities Finance Corp., Memorial Hermann Health System, Series 2019B-3                                        | CUSIP: 414009MP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2970000 | PA      | $3053959.52   | 0.07%             | 2049-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                               | City of Seattle Municipal Light and Power, Series 2017C                                                                                          | CUSIP: 812643PQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105000.00    | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Collier County Water-Sewer District                                              | Collier County Water-Sewer District, Series 2016                                                                                                 | CUSIP: 222642JX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $204267.36    | 0.00%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Motor License Fund, Enhanced, Subordinate, Series 2017                                                         | CUSIP: 709224A33<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    170000 | PA      | $179684.53    | 0.00%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                        | Metropolitan Government of Nashville and Davidson County, Series 2016                                                                            | CUSIP: 592112RL2<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30624.85     | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riley County Unified School District No. 383 Manhattan-Ogden                     | Riley County Unified School District No. 383, Manhattan-Ogden, Series 2018A                                                                      | CUSIP: 766651RC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105100.54    | 0.00%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Aurora CO                                                                | City of Aurora                                                                                                                                   | CUSIP: 051556KE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $63500.63     | 0.00%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Annual Appropriation, Series 2017B                                                                                           | CUSIP: 977100EW2<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |    200000 | PA      | $203455.60    | 0.00%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | State of Maryland, Series 2A                                                                                                                     | CUSIP: 574193RP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40982.01     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 1ST                                                                                                         | CUSIP: 70914PB68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20558.37     | 0.00%             | 2026-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2025A                                                                                                                 | CUSIP: 97705MS71<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1567726.97   | 0.04%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Health Facilities Improvement Program Lease, Series 2018-1                                                   | CUSIP: 64990GEX6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     55000 | PA      | $58019.89     | 0.00%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana Gasoline & Fuels Tax Revenue                                  | State of Louisiana Gasoline and Fuels Tax, Second Lien, Series 2023A-2                                                                           | CUSIP: 546475VW1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  33900000 | PA      | $33900000.00  | 0.77%             | 2043-05-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Borough of North Slope AK                                                        | Borough of North Slope, Series 2022A                                                                                                             | CUSIP: 662523P94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $80418.10     | 0.00%             | 2028-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Infrastructure Improvement, Series 2020B                                                                                          | CUSIP: 6775222S2<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40993.02     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville                                                                                                                             | CUSIP: 469495DE2<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50101.14     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Birmingham Airport Authority                                                     | Birmingham Airport Authority                                                                                                                     | CUSIP: 090888GK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20419.94     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Municipal Power Agency                                                   | Indiana Municipal Power Agency, Power Supply System, Series 2016C                                                                                | CUSIP: 454898UJ4<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |    245000 | PA      | $249906.47    | 0.01%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                               | City of Seattle Municipal Light and Power, Series 2020A                                                                                          | CUSIP: 812643UK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $86905.18     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Annual Appropriation, Series 2017B                                                                                           | CUSIP: 977100EX0<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101727.80    | 0.00%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, State Water Implementation Fund, Series 2016                                                                      | CUSIP: 882854YD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55905.37     | 0.00%             | 2026-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of De Pere WI                                                               | City of De Pere, Series 2013A                                                                                                                    | CUSIP: 241361G99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $310147.34    | 0.01%             | 2026-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Hudson County Improvement Authority                                              | Hudson County Improvement Authority, Local Unit Loan Program, Series B-1                                                                         | CUSIP: 443728GN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15161160.00  | 0.34%             | 2026-06-24      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Registration Fee Revenue                        | Pennsylvania Turnpike Commission Registration Fee, Series 2005A                                                                                  | CUSIP: 709222CV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21066.39     | 0.00%             | 2027-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                   | Washington Metropolitan Area Transit Authority, Series A-1                                                                                       | CUSIP: 938782EP0<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104590.27    | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Rhode Island                                                            | State of Rhode Island, Series 2019E                                                                                                              | CUSIP: 76222RZV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20192.21     | 0.00%             | 2026-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | Maricopa County Industrial Development Authority, Banner Health, Series 2023A-1                                                                  | CUSIP: 56682HDU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6080000 | PA      | $6155253.98   | 0.14%             | 2053-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public School Authority                                                 | Virginia Public School Authority, Prince William County, Series 2019A                                                                            | CUSIP: 92817TJP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45092.64     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2023B                                                                                            | CUSIP: 23503CCN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1106964.64   | 0.03%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Joint Municipal Electric Utility Commission                             | Missouri Joint Municipal Electric Utility Commission, Iatan Project 2, Series 2023                                                               | CUSIP: 606092LW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $215884.02    | 0.00%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Management Services                                        | Florida Department of Management Services, Series 2018A                                                                                          | CUSIP: 34160PEC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $43246.10     | 0.00%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Houston                                                            | University of Houston, Series 2016A                                                                                                              | CUSIP: 9143016B7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75085.46     | 0.00%             | 2027-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Cincinnati OH                                                            | City of Cincinnati, Unlimited Tax Various Purpose, Series 2016A                                                                                  | CUSIP: 172217XH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $778070.63    | 0.02%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Trinity Health Credit Group, Series 2015MI                                                                           | CUSIP: 59447P7K1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100260.61    | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series A                                                                                                                   | CUSIP: 469487MB5<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25716.04     | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, State Revolving Fund Program, Series 2025C                                                                            | CUSIP: 45506ELT8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1430152.93   | 0.03%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Massachusetts Building Authority                                   | University of Massachusetts Building Authority, Series 2015-1                                                                                    | CUSIP: 914440QD7<br>LEI: 6ILE2573NPR1XO2TR556 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3011259.60   | 0.07%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, State Sales Tax, Series 2015B                                                                                | CUSIP: 64990ADX0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25023.52     | 0.00%             | 2029-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District No. 114 Evergreen                                   | Clark County School District No. 114 Evergreen, Series 2019                                                                                      | CUSIP: 181234N76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65394.27     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                        | Harris County Cultural Education Facilities Finance Corp., Texas Children's Hospital, Series 2015-1                                              | CUSIP: 414009JV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40059.32     | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | City of Chicago, Capital Appreciation City College, Series 1999                                                                                  | CUSIP: 167484QT4<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |  10925000 | PA      | $10231481.00  | 0.23%             | 2028-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation                                    | State of Florida Department of Transportation, Indirect Garvees, Series 2019A                                                                    | CUSIP: 34160DAK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $174850.51    | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lakeland FL Department of Electric Utilities                             | City of Lakeland, Department of Electric Utilities, Series 2016                                                                                  | CUSIP: 51166FDW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80157.87     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water and Power System, Series 2017B                                                                                   | CUSIP: 5444952F0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    800000 | PA      | $821005.04    | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Miami Beach FL Water & Sewer Revenue                                     | City of Miami Beach Water and Sewer, Series 2017                                                                                                 | CUSIP: 593241BJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125000.00    | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gainesville FL Utilities System Revenue                                  | City of Gainesville, Utilities System, Series 2017A                                                                                              | CUSIP: 362848UA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049937.70   | 0.02%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Major New State Infrastructure Project, Series 2024-1                                                                             | CUSIP: 677581JU5<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1775619.20   | 0.04%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Indianapolis Department of Public Utilities Gas Utility Revenue          | City of Indianapolis, Department of Public Utilities Gas Utility, Second Lien, Series 2017A                                                      | CUSIP: 455398NN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35882.54     | 0.00%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Housing Finance Corp.                                                  | Arlington Housing Finance Corp., Multi Family Housing 6900 Matlock Road, Series 2023                                                             | CUSIP: 041818AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65613.15     | 0.00%             | 2041-04-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Desert Community College District                                                | Desert Community College District, Series 2016                                                                                                   | CUSIP: 250375GB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25287.99     | 0.00%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                                    | Alabama Federal Aid Highway Finance Authority, Series 2016A                                                                                      | CUSIP: 010268BB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102478.88    | 0.00%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Allegheny PA                                                           | County of Allegheny, Series C-75                                                                                                                 | CUSIP: 01728VSK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $298317.95    | 0.01%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Methacton School District                                                        | Methacton School District                                                                                                                        | CUSIP: 591506N30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75038.13     | 0.00%             | 2025-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Fort Worth TX                                                            | City of Fort Worth                                                                                                                               | CUSIP: 349426GF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27492.57     | 0.00%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Washington University                                                    | Central Washington University                                                                                                                    | CUSIP: 155839EZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $270103.84    | 0.01%             | 2026-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co.                                                       | Philadelphia Gas Works Co., 1998 General Ordinance, Series 14TH                                                                                  | CUSIP: 7178238F8<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |    190000 | PA      | $194571.42    | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2020A                                                                                            | CUSIP: 2350365A4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150603.32    | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sunnyvale School District                                                        | Sunnyvale School District                                                                                                                        | CUSIP: 867578SP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30000.00     | 0.00%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, State Revolving Fund, Series 2019                                                                                 | CUSIP: 882854T93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $80701.07     | 0.00%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, Adventist Health System, Series 2018B                                                                      | CUSIP: 19648FGN8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    570000 | PA      | $572985.95    | 0.01%             | 2048-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Allen OH Hospital Facilities Revenue                                   | County of Allen, Hospital Facilities, Bon Secours Mercy Health, Inc., Series 2025C                                                               | CUSIP: 01757LHJ8<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  17830000 | PA      | $17830000.00  | 0.41%             | 2050-11-01      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | Orange County Health Facilities Authority, Orlando Health Obligated Group, Series 2023A                                                          | CUSIP: 68450LGV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $59091.77     | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, CWA Authority Project, Series 2021-2                                                                                  | CUSIP: 45505MKE5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21033.75     | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, Series A                                                                                              | CUSIP: 64577BC93<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25753.42     | 0.00%             | 2027-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Webb Union Free School District                                                  | Webb Union Free School District                                                                                                                  | CUSIP: 947508BB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5950000 | PA      | $5997109.72   | 0.14%             | 2026-07-16      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Hornell City School District                                                     | Hornell City School District                                                                                                                     | CUSIP: 440614LQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17170000 | PA      | $17346698.19  | 0.39%             | 2026-06-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of New Mexico Severance Tax Permanent Fund                                 | State of New Mexico Severance Tax Permanent Fund, Series 2017A                                                                                   | CUSIP: 6473102N0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40892.95     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Seekonk MA                                                               | Town of Seekonk                                                                                                                                  | CUSIP: 815730NB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5495000 | PA      | $5551234.18   | 0.13%             | 2026-04-16      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta Water and Wastewater, Series 2017A                                                                                               | CUSIP: 047870NR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $63435.76     | 0.00%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Albany-Dougherty Payroll Development Authority                                   | Albany-Dougherty Payroll Development Authority, Procter & Gamble Paper Products, Series 1999                                                     | CUSIP: 012192AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26467.55     | 0.00%             | 2028-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | County of Miami-Dade, Aviation System, Series A                                                                                                  | CUSIP: 59333PT32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20487.32     | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Muskingum OH                                                           | County of Muskingum, Limited Tax                                                                                                                 | CUSIP: 628076NE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12040460.40  | 0.27%             | 2025-12-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                       | Pennsylvania Turnpike Commission Oil Franchise Tax, Series B                                                                                     | CUSIP: 709221UV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20588.91     | 0.00%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York and New Jersey, Consolidated, Series 183                                                                              | CUSIP: 73358WRR7<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20035.82     | 0.00%             | 2025-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monmouth County Improvement Authority (The)                                      | Monmouth County Improvement Authority (The), Series 2019B                                                                                        | CUSIP: 60956PVP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30193.66     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority                               | Southeastern Pennsylvania Transportation Authority                                                                                               | CUSIP: 842039EW5<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |    150000 | PA      | $152830.29    | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tri-County Metropolitan Transportation District of Oregon                        | Tri-County Metropolitan Transportation District of Oregon, Series 2017A                                                                          | CUSIP: 89546RPE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $63035.79     | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Swedish Covenant Hospital, Series 2016A                                                                              | CUSIP: 45204EQB7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35841.21     | 0.00%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                       | Pennsylvania Turnpike Commission Oil Franchise Tax, Series A                                                                                     | CUSIP: 709221UE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $128836.23    | 0.00%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, General Airport, Senior Lien, Series E                                                                     | CUSIP: 167593WV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $226756.49    | 0.01%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | Commonwealth Financing Authority, Tobacco Master Settlement Payment                                                                              | CUSIP: 20282EAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $906318.51    | 0.02%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Clean Water Initiative Revolving Fund, Series 2020                                                                   | CUSIP: 45204FFC4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76605.50     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2026                                                                                                               | CUSIP: 64966SPX8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $7182026.80   | 0.16%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Municipal Power Agency No. 1                                      | North Carolina Municipal Power Agency No. 1, Series 2016A                                                                                        | CUSIP: 6582034K7<br>LEI: 549300N3Q65G1ODRFX75 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45852.60     | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, University of Chicago, Series 2015A                                                                                  | CUSIP: 45204FHD0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |  27020000 | PA      | $27074326.41  | 0.62%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Municipal Gas Agency                                                   | Minnesota Municipal Gas Agency, Series 2022B                                                                                                     | CUSIP: 60406UAN7<br>LEI: 549300SISI6N1C6S3136 | Long             | STIV             | MUN               | US        |  15000000 | PA      | $15003481.50  | 0.34%             | 2052-12-01      | Floating      | 3.92%                 | No            |                  2 | On Loan: No      |
| Sidney Central School District                                                   | Sidney Central School District                                                                                                                   | CUSIP: 826101HL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8980000 | PA      | $9066523.20   | 0.21%             | 2026-06-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series U                                                                                                                          | CUSIP: 677522RL0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     70000 | PA      | $71250.70     | 0.00%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida Board of Education, Public Education Capital Outlay, Series 2017B                                                               | CUSIP: 34153QKM7<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30600.62     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Troy NY                                                                  | City of Troy                                                                                                                                     | CUSIP: 897574D22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4402981 | PA      | $4432928.32   | 0.10%             | 2026-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Children's Hospital Obligated Group, Series 2015                                                                           | CUSIP: 254764JT1<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100815.36    | 0.00%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, LCRA Transmission Services Corp., Project, Series 2021                                                           | CUSIP: 54811BWH0<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21702.65     | 0.00%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health and Educational Facilities Authority, Ascension Senior Credit Group, Series 2016A                                               | CUSIP: 97712DQF6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2086145.19   | 0.05%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hays TX                                                                | County of Hays, Series 2017                                                                                                                      | CUSIP: 421020B31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $119073.58    | 0.00%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Various Purpose, Series 2015D                                                                                                | CUSIP: 60412AEX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $235834.60    | 0.01%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta, Water and Wastewater, Series 2017A                                                                                              | CUSIP: 047870PA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52863.14     | 0.00%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | Philadelphia Authority for Industrial Development, Series B-2                                                                                    | CUSIP: 71781QEJ3<br>LEI: 549300DIY68KQZEW7M79 | Long             | STIV             | MUN               | US        |  19500000 | PA      | $19500000.00  | 0.44%             | 2030-10-01      | Variable      | 2.72%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Project 1, Series 2025A                                                                                                        | CUSIP: 29270C6X8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4293792.40   | 0.10%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of St Lucie FL                                                            | County of St. Lucie, Power and Light Co., Project                                                                                                | CUSIP: 792070BH6<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  35750000 | PA      | $35750000.00  | 0.81%             | 2028-09-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2018A                                                                                                                  | CUSIP: 452152X22<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    275000 | PA      | $290924.26    | 0.01%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Iowa Board of Regents                                                   | State of Iowa Board of Regents, University of Iowa, Hospitals and Clinics, Series S                                                              | CUSIP: 46256QJJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | Metropolitan Washington Airports Authority Aviation, Series 2019B                                                                                | CUSIP: 592647GW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30824.92     | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Shenandoah IA                                                            | City of Shenandoah, Iowa Sewer Capital Loan Project                                                                                              | CUSIP: 82311CAP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17100000 | PA      | $17224621.38  | 0.39%             | 2026-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois                                                                                                                                | CUSIP: 452152G70<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25249.13     | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2023A                                                                                                                     | CUSIP: 235219US9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $369081.94    | 0.01%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | State of Maryland, Series 2018A                                                                                                                  | CUSIP: 574193QA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $86207.96     | 0.00%             | 2026-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Fargo Public School District No. 6                                          | West Fargo Public School District No. 6, Series 2017                                                                                             | CUSIP: 952734PH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2375000 | PA      | $2447023.78   | 0.06%             | 2027-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2021A                                                                                                                  | CUSIP: 196711TR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27046.34     | 0.00%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King WA Sewer Revenue                                                  | County of King, Series 2016B                                                                                                                     | CUSIP: 4952894F4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20421.32     | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | New York City Transitional Finance Authority Building Aid, Fiscal Year 2018, Series S-1                                                          | CUSIP: 64972HZP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20908.99     | 0.00%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware County Industrial Development Authority                                 | Delaware County Industrial Development Authority, United Parcel Service Project                                                                  | CUSIP: 245903AB5<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  40000000 | PA      | $40000000.00  | 0.91%             | 2045-09-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Florida Department of Environmental Protection                                   | Florida Department of Environmental Protection, Series 2015A                                                                                     | CUSIP: 34160WZA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500924.40    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | Mississippi Development Bank, Desoto County Mississippi Highway Project, Series 2024A                                                            | CUSIP: 60534XWQ5<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   2020000 | PA      | $2136864.27   | 0.05%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Edward Elmhurst Healthcare, Series 2017A                                                                             | CUSIP: 45204ERJ9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51656.09     | 0.00%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Edward Elmhurst Healthcare, Series 2017A                                                                             | CUSIP: 45204ERE0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    320000 | PA      | $330598.94    | 0.01%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alaska Municipal Bond Bank Authority                                             | Alaska Municipal Bond Bank Authority, Series 1                                                                                                   | CUSIP: 01179RE41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $482898.58    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rice County Unified School District No. 376 Sterling                             | Rice County Unified School District No. 376 Sterling, Series 2015                                                                                | CUSIP: 762669CE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1200000.00   | 0.03%             | 2035-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation                                    | State of Florida Department of Transportation, Series 2019A                                                                                      | CUSIP: 34160DAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40872.94     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge and Tunnel Authority, Series 2016A                                                                                             | CUSIP: 89602N5C4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    155000 | PA      | $155837.95    | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Transportation Infrastructure Bank                                | South Carolina Transportation Infrastructure Bank, Series 2021B                                                                                  | CUSIP: 837152VW4<br>LEI: 549300YI1NMCP4VLJN43 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100202.57    | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2018A                                                                                                                   | CUSIP: 373385CK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56296.70     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, General Airport, Senior Lien, Series C                                                                     | CUSIP: 167593C42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61985.71     | 0.00%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2016A                                                                                                 | CUSIP: 64990CDS7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30613.57     | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2016A-3                                                                                                 | CUSIP: 709224RD3<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    145000 | PA      | $149354.92    | 0.00%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma State University                                                        | Oklahoma State University, Series 2020A                                                                                                          | CUSIP: 679191HD1<br>LEI: 254900M845UI413F1O58 | Long             | DBT              | MUN               | US        |    760000 | PA      | $796322.15    | 0.02%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New Albany OH                                                            | City of New Albany                                                                                                                               | CUSIP: 641840GE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000923.20   | 0.09%             | 2025-09-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Portland OR Sewer System Revenue                                         | City of Portland Sewer System, Series 2019A                                                                                                      | CUSIP: 736742A72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $116480.25    | 0.00%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                     | Orlando Utilities Commission, Utility System, Series 2013A                                                                                       | CUSIP: 686507GB4<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |    770000 | PA      | $771525.83    | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 112, Series B                                                                       | CUSIP: 49151FNL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $916681.67    | 0.02%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | Great Lakes Water Authority, Water Supply System, Second Lien, Series C                                                                          | CUSIP: 39081JAF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $127672.09    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Altmar-Parish-Williamstown Central School District                               | Altmar-Parish-Williamstown Central School District, Series 2025B                                                                                 | CUSIP: 021501GR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17765000 | PA      | $17961432.93  | 0.41%             | 2026-06-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority                               | Southeastern Pennsylvania Transportation Authority, Capital Grant Receipts, Series 2017                                                          | CUSIP: 842039DT3<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |     70000 | PA      | $71320.80     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Houston                                                            | University of Houston, Series 2020A                                                                                                              | CUSIP: 914302FY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31789.10     | 0.00%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency, Partners Healthcare System Issue, Series 2019T-1                                                       | CUSIP: 57584YPF0<br>LEI: 549300UZSVMFXJK08K70 | Long             | STIV             | MUN               | US        |   1075000 | PA      | $1074904.43   | 0.02%             | 2049-07-01      | Floating      | 3.33%                 | Yes           |                  2 | On Loan: No      |
| Borough of Matanuska-Susitna AK                                                  | Borough of Matanuska-Susitna, Alaska School General Obligation, Series 2025B                                                                     | CUSIP: 5765444E7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1414931.65   | 0.03%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montour School District                                                          | Montour School District, Series A                                                                                                                | CUSIP: 614707SD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65125.34     | 0.00%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2019A                                                                                                 | CUSIP: 64990GNB4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    265000 | PA      | $265515.00    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | Central Texas Regional Mobility Authority, Subordinate Lien, Series 2021C                                                                        | CUSIP: 155498LY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2186082.52   | 0.05%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Education                                         | State of Florida Department of Education, Series 2018A                                                                                           | CUSIP: 34161CDU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $67734.87     | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Public Finance Authority                                            | North Dakota Public Finance Authority, Series 2022A                                                                                              | CUSIP: 65887PXA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $205847.77    | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 130, Series 2024B                                                                   | CUSIP: 49151F2Z2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $128818.61    | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio State University (The)                                                      | Ohio State University (The), Series 2020A                                                                                                        | CUSIP: 677632K34<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36137.95     | 0.00%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2023, Series 2023-1                                                                                                | CUSIP: 64966Q3J7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    270000 | PA      | $283676.82    | 0.01%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Utah UT                                                                | County of Utah, IHC Health Services, Inc., Series 2020B-2                                                                                        | CUSIP: 917393DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2365000 | PA      | $2409333.11   | 0.05%             | 2060-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Commissioner of Highways                                           | West Virginia Commissioner of Highways, Series 2017A                                                                                             | CUSIP: 95649ACM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $146744.54    | 0.00%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | County of Miami-Dade, Water and Sewer System, Series 2017B                                                                                       | CUSIP: 59334DJZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $47477.34     | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority                               | Southeastern Pennsylvania Transportation Authority, Series 2020                                                                                  | CUSIP: 842039EM7<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |    240000 | PA      | $244528.46    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                             | New Hope Cultural Education Facilities Finance Corp., Student Housing Texas A&M University, Series 2017A                                         | CUSIP: 64542RFF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26025.53     | 0.00%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Trinity Health Credit Group, Series 2019MI-1                                                                         | CUSIP: 59447TTX1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21557.30     | 0.00%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2023D                                                                                                                  | CUSIP: 452153GD5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     75000 | PA      | $79823.92     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfax County Economic Development Authority                                    | Fairfax County Economic Development Authority, Silver Line Phase I Project                                                                       | CUSIP: 30383BCE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20299.35     | 0.00%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Indianapolis Department of Public Utilities Water System Revenue         | City of Indianapolis, Department of Public Utilities Water System, Series 2018A                                                                  | CUSIP: 455412BF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $806628.27    | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Indianapolis Department of Public Utilities Water System Revenue         | City of Indianapolis, Department of Public Utilities Water System, Series 2018A                                                                  | CUSIP: 455412BG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25716.04     | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2018B                                                                                                      | CUSIP: 57582RTH9<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25564.35     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Township of Boonton NJ                                                           | Township of Boonton                                                                                                                              | CUSIP: 099320AW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8066000 | PA      | $8152905.50   | 0.19%             | 2026-08-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas Department of Transportation, Series 2018A                                                                                       | CUSIP: 485424SE6<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21067.58     | 0.00%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 10 Tacoma                                      | Pierce County School District No. 10 Tacoma, Unlimited Tax, Series 2015                                                                          | CUSIP: 720424ZN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $246535.66    | 0.01%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | New Jersey Health Care Facilities Financing Authority, Barnabas Health Obligated Group, Series 2019B-3                                           | CUSIP: 645790MD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018172.70   | 0.02%             | 2045-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Winfield Building Corp.                                                          | Winfield Building Corp., Indiana Lease Rental, Sewage Works Treatment Plant Project, Series 2020A                                                | CUSIP: 97401DAJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $110499.47    | 0.00%             | 2026-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Deaconess Health System, Series 2016A                                                                                 | CUSIP: 45506DXT7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1081500.36   | 0.02%             | 2044-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alamo Community College District                                                 | Alamo Community College District, Maintenance Tax                                                                                                | CUSIP: 011415TJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $278225.28    | 0.01%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, First Tier, Series 2019A                                                                                          | CUSIP: 66285WYQ3<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |     50000 | PA      | $52925.02     | 0.00%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series 2018B                                                                                                  | CUSIP: 696550F49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $123525.26    | 0.00%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                     | City and County of Honolulu, Series A                                                                                                            | CUSIP: 438670V65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70140.74     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp.                                               | Mission Economic Development Corp., Republic Services, Inc., Project                                                                             | CUSIP: 605155BM1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   4000000 | PA      | $4000440.00   | 0.09%             | 2026-01-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia Income Tax, Series 2022C                                                                                                    | CUSIP: 25477GVG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56798.95     | 0.00%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | City of Houston, Airport System, Subordinate Lien, Series 2020B                                                                                  | CUSIP: 442349EE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52341.75     | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Series 2016I                                                                                                  | CUSIP: 594615FL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1413434.09   | 0.03%             | 2030-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2017A                                                                                                          | CUSIP: 45470RDJ2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     50000 | PA      | $52313.18     | 0.00%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Electric and Gas Systems, Series 2015                                                                                       | CUSIP: 7962534N9<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |    175000 | PA      | $176964.29    | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency, Partners Healthcare System Issue, Series 2016Q                                                         | CUSIP: 57584XHR5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    305000 | PA      | $311285.44    | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District Water System Revenue                        | North Texas Municipal Water District Water System, Series 2021A                                                                                  | CUSIP: 662903C50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27450.73     | 0.00%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                              | Louisville and Jefferson County Metropolitan Government, Norton Healthcare, Inc., Series 2016A                                                   | CUSIP: 54659LBK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25605.87     | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Colorado                                                           | University of Colorado, Enterprise System, Series 2017A-2                                                                                        | CUSIP: 91417NJM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $58943.19     | 0.00%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                            | County of Hamilton, Trihealth, Inc. Group Project, Series 2020A                                                                                  | CUSIP: 407272Y56<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26104.33     | 0.00%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                          | Massachusetts School Building Authority, Dedicated Sales Tax, Series 2018A                                                                       | CUSIP: 576000VS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30044.21     | 0.00%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                                      | New York City Industrial Development Agency, Queens Baseball Stadium Project, Series 2021A                                                       | CUSIP: 64971PKV6<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515618.65    | 0.01%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | Michigan State Housing Development Authority, Rental Housing, Series 2024A                                                                       | CUSIP: 59465PEV6<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13021444.80  | 0.30%             | 2030-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, College Student Loan, Series 2013B                                                                                               | CUSIP: 882723DK2<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2350628.63   | 0.05%             | 2030-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| District of Columbia Housing Finance Agency                                      | District of Columbia Housing Finance Agency, Multi Family Housing Edgewood Apartments Project, Series 2023                                       | CUSIP: 25477PPY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6275000 | PA      | $6294563.57   | 0.14%             | 2027-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | South Carolina Jobs-Economic Development Authority, Bon Secours Mercy Health, Inc., Series 2020B                                                 | CUSIP: 83703EMP7<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    990000 | PA      | $991909.02    | 0.02%             | 2048-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | California Municipal Finance Authority, Series 2021A                                                                                             | CUSIP: 13048RAJ6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | STIV             | MUN               | US        |   5250000 | PA      | $5249676.08   | 0.12%             | 2041-07-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | Port of Seattle, Intermediate Lien, Series 2016                                                                                                  | CUSIP: 735389YF9<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30313.55     | 0.00%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Cleveland Clinic Health System, Series 2019F                                                                                      | CUSIP: 677561LD2<br>LEI: 5493005LEB5E170OMX59 | Long             | STIV             | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.23%             | 2052-01-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | Pennsylvania Higher Educational Facilities Authority, University Of Pennsylvania Health System, Series 2016A                                     | CUSIP: 70917SVW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76554.43     | 0.00%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Authority                                                     | New Mexico Finance Authority, State Transportation, Subordinate Lien, Series 2018A                                                               | CUSIP: 64711RMA1<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |    150000 | PA      | $153152.48    | 0.00%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas Department of Transportation, Series 2015B                                                                                       | CUSIP: 485424QF5<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |    155000 | PA      | $155000.00    | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Transportation Commission Mobility Fund, Series 2015A                                                                            | CUSIP: 882723ZF9<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1302234.83   | 0.03%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | New Jersey Higher Education Student Assistance Authority, Senior Student Loan Immediate Delivery, Series 2025-2                                  | CUSIP: 646080YZ8<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |  16000000 | PA      | $16208425.60  | 0.37%             | 2056-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Homewood AL                                                              | City of Homewood                                                                                                                                 | CUSIP: 437884NL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61547.21     | 0.00%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Arizona                                                                 | State of Arizona                                                                                                                                 | CUSIP: 040588J63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Turnpike Authority                                                         | Maine Turnpike Authority                                                                                                                         | CUSIP: 560551SB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1445387.71   | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series B-2                                                                                                     | CUSIP: 709224XA2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    275000 | PA      | $280175.69    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Limited Tax, Series 2017A                                                                                          | CUSIP: 181059WW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $510116.85    | 0.01%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2025, Series 2025C, Subseries C-1                                  | CUSIP: 64972JLT3<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2695000 | PA      | $2940722.28   | 0.07%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Colorado Springs CO Utilities System Revenue                             | City of Colorado Springs Utilities System, Series A-1                                                                                            | CUSIP: 196632ZA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1473845.70   | 0.03%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, State Personal Income Tax, Series 2005B                                                                      | CUSIP: 649902AW3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76272.52     | 0.00%             | 2026-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Second Tier, Series 2024B                                                                                         | CUSIP: 66285WS31<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2190626.20   | 0.05%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Canadian County Educational Facilities Authority                                 | Canadian County Educational Facilities Authority, Mustang Public Schools Project, Series 2017                                                    | CUSIP: 135521CM2<br>LEI: 549300HPRFS0Z66VHS30 | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1068643.86   | 0.02%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Series 2019BB                                                                                    | CUSIP: 64613CFE3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    155000 | PA      | $168194.38    | 0.00%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | Pennsylvania Economic Development Financing Authority, Solid Waste Disposal, Republic Services, Inc., Project, Series 2019A                      | CUSIP: 708692BL1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   3000000 | PA      | $3000206.40   | 0.07%             | 2034-04-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| City of Decatur IL                                                               | City of Decatur                                                                                                                                  | CUSIP: 243127XU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $342344.98    | 0.01%             | 2026-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | North Carolina Housing Finance Agency, Homeownership-1998 Trust, Series 52-C                                                                     | CUSIP: 6582074F9<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | STIV             | MUN               | US        |  15500000 | PA      | $15500000.00  | 0.35%             | 2049-07-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Railsplitter Tobacco Settlement Authority                                        | Railsplitter Tobacco Settlement Authority, Series 2017                                                                                           | CUSIP: 75076PAZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $606383.78    | 0.01%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                               | City of Seattle, Series 2016B                                                                                                                    | CUSIP: 812643MX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $106543.73    | 0.00%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District                                              | Los Angeles Unified School District, Certificates of Participation, Series 2023A                                                                 | CUSIP: 544648WQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10828.10     | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | Port of Seattle, Intermediate Lien                                                                                                               | CUSIP: 735389YG7<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |     80000 | PA      | $80826.02     | 0.00%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New Jersey                                                              | State of New Jersey, COVID-19 Emergency Bonds, Series 2020A                                                                                      | CUSIP: 646039YM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $390511.42    | 0.01%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Harris County Regional Water Authority                                     | North Harris County Regional Water Authority, Senior Lien, Series 2016                                                                           | CUSIP: 65956NGS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36011.28     | 0.00%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series B-2                                                                                                     | CUSIP: 709224XC8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31356.59     | 0.00%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Springfield MA                                                           | City of Springfield                                                                                                                              | CUSIP: 850752XC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9435208 | PA      | $9528343.88   | 0.22%             | 2026-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Public Utility District No. 1 of Lewis County                                    | Public Utility District No. 1 of Lewis County, Cowlitz Falls Hydroelec Project, Series 2013                                                      | CUSIP: 527839DN1<br>LEI: 549300GUJWR2C89RVS54 | Long             | DBT              | MUN               | US        |   2290000 | PA      | $2292890.44   | 0.05%             | 2028-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Hospital Trinity Health Credit Group, Series 2017A-MI                                                                | CUSIP: 59447TQF3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |     60000 | PA      | $63302.70     | 0.00%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge and Tunnel Authority, Series B                                                                                                 | CUSIP: 89602N7V0<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     75000 | PA      | $77486.20     | 0.00%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, State Revolving Fund Program, Series 2019A                                                                            | CUSIP: 45506DV69<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    290000 | PA      | $293097.23    | 0.01%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida Board of Education, Public Education Capital Outlay, Series 2021B                                                               | CUSIP: 34115PBA2<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51091.17     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut Special Tax, Series 2018C                                                                                                   | CUSIP: 207758YZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $260516.00    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Transportation System                                                                            | CUSIP: 646136ET4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $5936105.00   | 0.13%             | 2030-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | State of Hawaii, Series EZ                                                                                                                       | CUSIP: 419792CN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $85174.28     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2024A                                                                                                 | CUSIP: 65000BW53<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1542858.00   | 0.04%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bergen County Improvement Authority (The)                                        | Bergen County Improvement Authority (The), Guaranteed Government Pooled Project, Series 2025A                                                    | CUSIP: 083773EC1<br>LEI: 549300GA3U8F8Z1HOS09 | Long             | DBT              | MUN               | US        |  23000000 | PA      | $23228047.30  | 0.53%             | 2026-05-21      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                                      | New York City Industrial Development Agency, Queens Baseball Stadium Project, Series 2021A                                                       | CUSIP: 64971PKW4<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1316274.00   | 0.03%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Piedmont Municipal Power Agency                                                  | Piedmont Municipal Power Agency, Series 2015A                                                                                                    | CUSIP: 720175XW3<br>LEI: 549300C7VOBGIG4OD375 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1702722.72   | 0.04%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Long Beach NY                                                            | City of Long Beach, Series 2024B                                                                                                                 | CUSIP: 542519FY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12782164 | PA      | $12791163.92  | 0.29%             | 2025-09-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Lubbock TX                                                               | City of Lubbock, Series 2016                                                                                                                     | CUSIP: 549188XB1<br>LEI: 549300I1QTL3QZV4BX74 | Long             | DBT              | MUN               | US        |    130000 | PA      | $131465.65    | 0.00%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | City of Austin                                                                                                                                   | CUSIP: 052397AK2<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |    140000 | PA      | $140000.00    | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                          | City of Philadelphia Water and Wastewater, Series 2019A                                                                                          | CUSIP: 717813WP0<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |    195000 | PA      | $199423.54    | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | Great Lakes Water Authority, Water Supply System, Second Lien, Series 2018A                                                                      | CUSIP: 39081JBS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45939.47     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Project 1, Series 2024B                                                                                                        | CUSIP: 29270C6C4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1572457.80   | 0.04%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                | Plano Independent School District, Unlimited Tax                                                                                                 | CUSIP: 727199E23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2921383.80   | 0.07%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Winchester Economic Development Authority                                        | Winchester Economic Development Authority, Valley Health System Obligated Group, Series 2024B-2                                                  | CUSIP: 973122AW4<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  15000000 | PA      | $15000000.00  | 0.34%             | 2054-01-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | Washington Health Care Facilities Authority, Providence Health and Services, Series 2012A                                                        | CUSIP: 93978HFP5<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1030783.21   | 0.02%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Common School, Series 2013A                                                                                                       | CUSIP: 677521F84<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40037.31     | 0.00%             | 2025-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                       | Pennsylvania Turnpike Commission Oil Franchise Tax, Series A                                                                                     | CUSIP: 709221UG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $514585.80    | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Various Purpose, Series 2019C                                                                                               | CUSIP: 93974D6F0<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151626.98    | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                                    | Alabama Federal Aid Highway Finance Authority, Series A                                                                                          | CUSIP: 010268BQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31500.15     | 0.00%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Central Arkansas                                                   | University of Central Arkansas, Student Fee, Series 2020A                                                                                        | CUSIP: 914115R93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76881.64     | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | City and County of Denver, Airport System, Series 2023B                                                                                          | CUSIP: 249182UM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4700000 | PA      | $4821330.03   | 0.11%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Houston                                                            | University of Houston, Series 2017C                                                                                                              | CUSIP: 914302ET7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25274.22     | 0.00%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                            | Tennessee State School Bond Authority, Higher Educational Facilities Second Program, Series 2015B                                                | CUSIP: 880558HU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25107.25     | 0.00%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | Dallas Area Rapid Transit, Sales Tax, Senior Lien, Series 2016A                                                                                  | CUSIP: 235241RN8<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25153.57     | 0.00%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Asset Liability Commission                                              | Kentucky Asset Liability Commission, Federal Highway Trust Fund, Series 2015A                                                                    | CUSIP: 49118NFJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $285000.00    | 0.01%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hillsborough FL Community Investment Tax Revenue                       | County of Hillsborough, Community Investment Tax                                                                                                 | CUSIP: 43231YGC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $160655.70    | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, State Sales Tax, Series 2016A                                                                                | CUSIP: 64990AUM5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51343.76     | 0.00%             | 2028-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Electric Utility Revenue                                       | City of Austin Electric Utility, Series 2015A                                                                                                    | CUSIP: 052414PH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70347.99     | 0.00%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Turnpike Authority                                                      | Kentucky Turnpike Authority, Revitalization Projects, Series B                                                                                   | CUSIP: 491552Q73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $117346.90    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Albuquerque Bernalillo County Water Utility Authority                            | Albuquerque Bernalillo County Water Utility Authority, Senior Lien Joint Water and Sewer System, Series 2017                                     | CUSIP: 013493HG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $153212.01    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Rush University Medical Center Obligated Group, Series 2015A                                                         | CUSIP: 45203HN81<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    175000 | PA      | $175164.47    | 0.00%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | Commonwealth Financing Authority, Tobacco Master Settlement Payment                                                                              | CUSIP: 20282EAJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2795000 | PA      | $2980619.02   | 0.07%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Medical Center Hospital Authority                                       | Columbus Medical Center Hospital Authority, Piedmont Healthcare Inc., Project, Series 2019A                                                      | CUSIP: 199124BQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $538766.99    | 0.01%             | 2054-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Columbia Generating Station, Series 2025A                                                                                      | CUSIP: 29270C6H3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3850000 | PA      | $4214385.95   | 0.10%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health and Educational Facilities Authority, Milwaukee Regional Medical Center Thermal Services, Inc., Series 2018                     | CUSIP: 97712DS80<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |     65000 | PA      | $68854.85     | 0.00%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duval County Public Schools                                                      | Duval County Public Schools, Series 2022A                                                                                                        | CUSIP: 267169HB9<br>LEI: 254900RS6MO5WEO2WC42 | Long             | DBT              | MUN               | US        |     55000 | PA      | $58855.74     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand River Dam Authority                                                        | Grand River Dam Authority, Series 2014A                                                                                                          | CUSIP: 386442VJ3<br>LEI: 549300XGK5KWQHON4Q79 | Long             | DBT              | MUN               | US        |    310000 | PA      | $310555.64    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                             | School District of Broward County, Florida Certificates of Participation, Series A                                                               | CUSIP: 115065YW8<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40801.81     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Health Facilities Authority                                              | Arizona Health Facilities Authority, Banner Health, Series 2015B                                                                                 | CUSIP: 040507QT5<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   7600000 | PA      | $7541417.68   | 0.17%             | 2046-01-01      | Floating      | 2.98%                 | No            |                  2 | On Loan: No      |
| City of Denton TX Utility System Revenue                                         | City of Denton, Utility System, Series 2017                                                                                                      | CUSIP: 249015C30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $71976.81     | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | Mississippi Development Bank, Department of Corrections Walnut Grove Correctional Facility Refunding Bonds Project, Series A                     | CUSIP: 60534WBZ0<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35763.38     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Franciscan Alliance, Inc., Obligated Group, Series 2017B                                                              | CUSIP: 45470YDR9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102752.73    | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | Health and Educational Facilities Authority of the State of Missouri, St. Luke's Health System, Inc.                                             | CUSIP: 60637AKT8<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    395000 | PA      | $401015.53    | 0.01%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tri-County Metropolitan Transportation District of Oregon                        | Tri-County Metropolitan Transportation District of Oregon, Series 2017A                                                                          | CUSIP: 89546RPC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $505894.56    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Department of Business & Industry                                | State of Nevada Department of Business and Industry, Republic Services, Inc. Project, Series 2001                                                | CUSIP: 25459JAF8<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1800000 | PA      | $1800491.94   | 0.04%             | 2026-12-01      | Variable      | 3.95%                 | Yes           |                  2 | On Loan: No      |
| Piedmont Municipal Power Agency                                                  | Piedmont Municipal Power Agency, Series 2021B                                                                                                    | CUSIP: 720175ZB7<br>LEI: 549300C7VOBGIG4OD375 | Long             | DBT              | MUN               | US        |    915000 | PA      | $943903.20    | 0.02%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, First Tier, Series A                                                                                              | CUSIP: 66285WVQ6<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55465.17     | 0.00%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                      | New Hampshire Health and Education Facilities Authority Act, Series 2016                                                                         | CUSIP: 6446145T2<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45349.92     | 0.00%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE Electric System Revenue                                       | City of Lincoln, Electric System, Series 2015A                                                                                                   | CUSIP: 534272D71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.00%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | State of Hawaii, Series FG                                                                                                                       | CUSIP: 419792LG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25051.26     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                       | Pennsylvania Turnpike Commission Oil Franchise Tax, Series B                                                                                     | CUSIP: 709221UW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20573.47     | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Second Tier, Series 2019B                                                                                         | CUSIP: 66285WZL3<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    405000 | PA      | $436880.30    | 0.01%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Limited Tax, Series 2015C                                                                                          | CUSIP: 181059TC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115813.99    | 0.00%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Henry Ford Health System, Series 2016                                                                                | CUSIP: 59447TMB6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103026.06    | 0.00%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Community College District Public Facility Corp.                          | Austin Community College District Public Facility Corp., Round Rock Campus, Series 2015                                                          | CUSIP: 052405CR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70119.25     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL                                                                | County of Cook, Series 2016A                                                                                                                     | CUSIP: 213185KH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46252.35     | 0.00%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Public Education Capital Outlay, Series 2016E                                                                                  | CUSIP: 34153QFJ0<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |    315000 | PA      | $321306.46    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                           | City of San Antonio, General Improvement, Series 2019                                                                                            | CUSIP: 79623PCW3<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     70000 | PA      | $76523.52     | 0.00%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | Idaho Housing and Finance Association, Federal Highway Trust, Series 2015A                                                                       | CUSIP: 45129WMR8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |     70000 | PA      | $71632.21     | 0.00%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, State Infrastructure Project, Series 2016-1                                                                                       | CUSIP: 677581GG9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50357.97     | 0.00%             | 2025-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Borough of Fanwood NJ                                                            | Borough of Fanwood, Series 2025A                                                                                                                 | CUSIP: 307315LL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5907690 | PA      | $5942436.08   | 0.14%             | 2026-02-26      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Housing Corp.                                                           | Kentucky Housing Corp., Multi Family Housing Beecher Terrace Phase IV Project                                                                    | CUSIP: 49131CAA0<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101080.13    | 0.00%             | 2043-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL                                                                | County of Cook, Series 2021A                                                                                                                     | CUSIP: 213185LV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $118402.43    | 0.00%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jersey City Municipal Utilities Authority                                        | Jersey City Municipal Utilities Authority, Water Project, Series 2025A                                                                           | CUSIP: 476624DQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8112868.00   | 0.18%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Infrastructure Authority                                                | Kentucky Infrastructure Authority, Wastewater and Drinking Water Revolving Fund Program, Series 2016A                                            | CUSIP: 4913138A3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75820.94     | 0.00%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | Kansas Development Finance Authority, State of Kansas Project, Series 2019F                                                                      | CUSIP: 48542REA8<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30909.74     | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duval County Public Schools                                                      | Duval County Public Schools, Series 2022A                                                                                                        | CUSIP: 267169GZ7<br>LEI: 254900RS6MO5WEO2WC42 | Long             | DBT              | MUN               | US        |    415000 | PA      | $423525.84    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Johnson County Unified School District No. 512 Shawnee Mission                   | Johnson County Unified School District No. 512 Shawnee Mission, Series 2015A                                                                     | CUSIP: 478740RW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20037.74     | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of New Hanover NC                                                         | County of New Hanover, New Hanover Regional Medical Center, Series 2017                                                                          | CUSIP: 644804EY8<br>LEI: 549300TDDH9O6TH23823 | Long             | DBT              | MUN               | US        |     65000 | PA      | $68583.83     | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Owego Apalachin Central School District                                          | Owego Apalachin Central School District, Series 2025A                                                                                            | CUSIP: 690632HU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7019000 | PA      | $7095062.10   | 0.16%             | 2026-07-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Transportation System, Series 2021A                                                              | CUSIP: 6461367T2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27249.65     | 0.00%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Borough of North Plainfield NJ                                                   | Borough of North Plainfield                                                                                                                      | CUSIP: 661581HL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5644105 | PA      | $5660587.48   | 0.13%             | 2025-11-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | Louisiana Local Government Environmental Facilities and Community Development Authority, LCTCS Act 391 Projects                                  | CUSIP: 54628CCN0<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001787.90   | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, CommonSpirit Health, Series 2019A-1                                                                        | CUSIP: 19648FJL9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    340000 | PA      | $346702.32    | 0.01%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parker Sewer & Fire Subdistrict                                                  | Parker Sewer and Fire Subdistrict, South Carolina Sewer System                                                                                   | CUSIP: 701137AT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $245578.92    | 0.01%             | 2042-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Transportation System, Series 2021A                                                              | CUSIP: 6461367S4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26713.15     | 0.00%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 10 Tacoma                                      | Pierce County School District No. 10 Tacoma, Unlimited Tax, Series 2015                                                                          | CUSIP: 720424YZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40250.72     | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Transportation System, Series 2018A                                                              | CUSIP: 6461363X7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25786.65     | 0.00%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Lottery Revenue                                                 | State of Florida Lottery, Series 2017A                                                                                                           | CUSIP: 341507S36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $48231.33     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Winfield Building Corp.                                                          | Winfield Building Corp., Indiana Lease Rental, Sewage Works Treatment Plant Project, Series 2020B                                                | CUSIP: 97401DBG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40181.62     | 0.00%             | 2026-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power, Inc.                                                   | American Municipal Power, Inc., AMP Fremont Energy Center Project, Series 2017A                                                                  | CUSIP: 02765UNN0<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25907.37     | 0.00%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Icahn School of Medicine at Mount Sinai, Series 2015A                                                        | CUSIP: 64990BQB2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40051.51     | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Voting System Acquisition Project                                                                                                 | CUSIP: 677905DK4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    145000 | PA      | $145000.00    | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2025A                                                                                                       | CUSIP: 70914P4N9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18000000 | PA      | $19364410.80  | 0.44%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | Board of Regents of the University of Texas System, Series 2016D                                                                                 | CUSIP: 91514AEA9<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41006.48     | 0.00%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority Future Tax Secured Fiscal Year 2016, Series C                                                       | CUSIP: 64971WYB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2083654.41   | 0.05%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | Florida Municipal Power Agency, All-Requirements Power Supply Project, Series 2015B                                                              | CUSIP: 342816G33<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001928.30   | 0.02%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | Ohio Higher Educational Facility Commission, Case Western Reserve University Project, Series 2021B                                               | CUSIP: 67756DZJ8<br>LEI: 5493007MQT6NGNN6BR81 | Long             | STIV             | MUN               | US        |   5500000 | PA      | $5452453.05   | 0.12%             | 2042-12-01      | Floating      | 2.96%                 | No            |                  2 | On Loan: No      |
| Town of Charlton MA                                                              | Town of Charlton                                                                                                                                 | CUSIP: 161123GH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8699000 | PA      | $8788007.30   | 0.20%             | 2026-04-16      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma City Water Utilities Trust                                              | Oklahoma City Water Utilities Trust, Series 2016                                                                                                 | CUSIP: 678657MV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20426.74     | 0.00%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority Central Regional Wastewater System Revenue               | Trinity River Authority, Central Regional Wastewater System, Series 2017                                                                         | CUSIP: 89658HVD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $198653.84    | 0.00%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King WA Sewer Revenue                                                  | County of King, Sewer, Junior Lien, Series 2020B                                                                                                 | CUSIP: 495290BD9<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |     60000 | PA      | $59415.07     | 0.00%             | 2042-01-01      | Variable      | 0.88%                 | No            |                  2 | On Loan: No      |
| Indiana University                                                               | Indiana University, Series 2016A                                                                                                                 | CUSIP: 455168CY8<br>LEI: B4CW783SY7V2XEFJSQ64 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20326.20     | 0.00%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2023D                                                                                                                  | CUSIP: 452153GB9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    780000 | PA      | $795023.11    | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | City of Dallas, Series 2023A                                                                                                                     | CUSIP: 235219UV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21701.23     | 0.00%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2017D                                                                                                                  | CUSIP: 452152Q61<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |  19825000 | PA      | $20360112.44  | 0.46%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Project 3 Electric, Series 2018C                                                                                               | CUSIP: 29270C2C8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $362717.70    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | State of Delaware, Series 2023A                                                                                                                  | CUSIP: 246381SD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $127250.08    | 0.00%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Township of Colts Neck NJ                                                        | Township of Colts Neck                                                                                                                           | CUSIP: 197126DB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40121.01     | 0.00%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                    | Florida Housing Finance Corp., Culmer Apartments, Series 2023C                                                                                   | CUSIP: 34074HGY2<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   4715000 | PA      | $4738083.23   | 0.11%             | 2026-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2021, Series 2021-1                                                | CUSIP: 64971XTB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40166.83     | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2021, Series 2021C                                                                                                 | CUSIP: 64966QPN4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35838.84     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | Port of Seattle, Intermediate Lien, Series 2022A                                                                                                 | CUSIP: 735389S74<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |     70000 | PA      | $75358.76     | 0.00%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Burke County (The)                                      | Development Authority of Burke County (The), Georgia Power Co. Plant Vogtle Project, Series 2012-2                                               | CUSIP: 121342QN2<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   3250000 | PA      | $3267209.08   | 0.07%             | 2049-12-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Expressway Authority                                           | Miami-Dade County Expressway Authority, Toll System, Series 2016A                                                                                | CUSIP: 593338AS5<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |    260000 | PA      | $264578.76    | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, Intermountain Healthcare, Series 2022B                                                                     | CUSIP: 19648FVK7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2950000 | PA      | $3014212.65   | 0.07%             | 2062-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Various Purpose, Series R-2022C                                                                                             | CUSIP: 93974EVW3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  15025000 | PA      | $15485534.28  | 0.35%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2024C                                                                                                               | CUSIP: 25476FH50<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   5105000 | PA      | $5406165.90   | 0.12%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Raleigh NC Combined Enterprise System Revenue                            | City of Raleigh Combined Enterprise System, Series 2016A                                                                                         | CUSIP: 751100KW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1534631.01   | 0.03%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2018A                                                                                              | CUSIP: 452252NE5<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    100000 | PA      | $108104.66    | 0.00%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Atlantic University Housing System Revenue                               | Florida Atlantic University Housing System, Series 2016A                                                                                         | CUSIP: 341568BM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1090377.62   | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE Electric System Revenue                                       | City of Lincoln, Electric System                                                                                                                 | CUSIP: 534272J42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20526.69     | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2022A                                                                                                                  | CUSIP: 452153CM9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40470.02     | 0.00%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin Water and Wastewater System, Series 2024                                                                                          | CUSIP: 052477XY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52835.30     | 0.00%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financing Authority                        | Florida Higher Educational Facilities Financing Authority, Rollins College Project, Series 2012B                                                 | CUSIP: 34073TEG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99985.37     | 0.00%             | 2025-12-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                               | Tobacco Settlement Financing Corp., Series 2018A                                                                                                 | CUSIP: 888808HB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $492544.71    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | Washington Metropolitan Area Transit Authority Dedicated, Series 2021A                                                                           | CUSIP: 93878YBD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $88685.69     | 0.00%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School Board of Miami-Dade County (The)                                          | School Board of Miami-Dade County (The), Florida Certificates of Participation, Series 2016B                                                     | CUSIP: 59333MR31<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |     95000 | PA      | $97027.30     | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Butler County Unified School District No. 385 Andover                            | Butler County Unified School District No. 385 Andover, Series 2017                                                                               | CUSIP: 12343ECJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50000.00     | 0.00%             | 2025-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                     | City and County of Honolulu, Series 2012C                                                                                                        | CUSIP: 438670M24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175024.99    | 0.00%             | 2025-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, LCRA Transmission Services Corp., Project, Series 2019                                                           | CUSIP: 54811BSM4<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    185000 | PA      | $196928.82    | 0.00%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South San Francisco Unified School District                                      | South San Francisco Unified School District, Measure J, Dedicated Unlimited Ad Valorem Property Tax, Series 2016C                                | CUSIP: 840058UL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.01%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | City and County of Denver, Airport System, Series 2020A-2                                                                                        | CUSIP: 249182PB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80394.75     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Washington                                                         | University of Washington, Series 2020C                                                                                                           | CUSIP: 91523NZN9<br>LEI: T8YS5W0N70BYCTHPA429 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20302.41     | 0.00%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Unlimited Tax, Series 2023A                                                                       | CUSIP: 232769MT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5560000 | PA      | $6142596.82   | 0.14%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Municipal Electric Agency                                               | Illinois Municipal Electric Agency, Power Supply System                                                                                          | CUSIP: 452024JD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5800000 | PA      | $5801580.50   | 0.13%             | 2035-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency, Partners Healthcare System Issue, Series 2016Q                                                         | CUSIP: 57584XHQ7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45925.49     | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Arizona                                                                 | State of Arizona                                                                                                                                 | CUSIP: 040588J71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150000.00    | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Township of West Deptford NJ                                                     | Township of West Deptford                                                                                                                        | CUSIP: 952496WA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100032.52    | 0.00%             | 2026-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Major New State Infrastructure Project, Series 2024-1                                                                             | CUSIP: 677581JT8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1275056.77   | 0.03%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | Mississippi Development Bank, Department of Corrections East Correctional Facility Refunding Bonds Project, Series C                             | CUSIP: 60534WCE6<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |     40000 | PA      | $41769.01     | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                     | City and County of Honolulu, Series C                                                                                                            | CUSIP: 4386702V2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50100.53     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Dauphin School District                                                  | Central Dauphin School District, Series 2016                                                                                                     | CUSIP: 153300XZ6<br>LEI: 549300B7BTSSV63QDZ15 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25214.74     | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 132, Series A                                                                       | CUSIP: 49151F4M9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2440000 | PA      | $2476456.77   | 0.06%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Convention Center/Orlando                                          | Orange County Convention Center, Series 2016B                                                                                                    | CUSIP: 684545ZP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $159262.07    | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | County of Miami-Dade, Aviation System, Series B                                                                                                  | CUSIP: 59333PS25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    695000 | PA      | $696336.21    | 0.02%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | Board of Regents of the University of Texas System, Series 2020C                                                                                 | CUSIP: 91514AKA2<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |     80000 | PA      | $86076.39     | 0.00%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2016B                                                                                                                    | CUSIP: 180848RX3<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     85000 | PA      | $87617.31     | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Veterans, Series 2013A                                                                                                           | CUSIP: 882723H85<br>LEI: 549300X9CH74QB747L76 | Long             | STIV             | MUN               | US        |   8815000 | PA      | $8815000.00   | 0.20%             | 2043-06-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Indiana University Health Obligated Group, Series 2025D-1                                                             | CUSIP: 45470YGD7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2687062.00   | 0.06%             | 2064-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston Combined Utility System, Series 2017B                                                                                            | CUSIP: 44244CMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $142595.61    | 0.00%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                          | Massachusetts School Building Authority, Dedicated Sales Tax, Series 2016A                                                                       | CUSIP: 576000TW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65331.93     | 0.00%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Project 1, Series 2017-A                                                                                                       | CUSIP: 29270CU45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76630.50     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Gulf Coast University Financing Corp.                                    | Florida Gulf Coast University Financing Corp., Housing Project, Series 2008A                                                                     | CUSIP: 34073XCK2<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   8800000 | PA      | $8800000.00   | 0.20%             | 2038-02-01      | Variable      | 2.77%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE Electric System Revenue                                       | City of Lincoln, Electric System, Series 2016                                                                                                    | CUSIP: 534272G78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56448.40     | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, School Facilities Construction, Series 2019GGG                                                        | CUSIP: 64577B6J8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1205000.00   | 0.03%             | 2025-09-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | City of Dallas Waterworks and Sewer System, Series 2015A                                                                                         | CUSIP: 2354166L3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65133.85     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, School Facilities Construction, Series 2019GGG                                                        | CUSIP: 64577B6K5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3593873.15   | 0.08%             | 2026-09-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2018A                                                                                                       | CUSIP: 709144NM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $465215.78    | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Presence Health Network, Series 2016C                                                                                | CUSIP: 45204EEU8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    520000 | PA      | $537557.64    | 0.01%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Albuquerque Bernalillo County Water Utility Authority                            | Albuquerque Bernalillo County Water Utility Authority, Series 2018                                                                               | CUSIP: 013493HX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102141.34    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Unlimited Tax                                                                                     | CUSIP: 232769PZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11955153.10  | 0.27%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Infrastructure Bank Water Pollution Control Revolving Fund          | Rhode Island Infrastructure Bank Water Pollution Control Revolving Fund, Series 2016A                                                            | CUSIP: 76221UCG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20040.21     | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                     | Orlando Utilities Commission, Series 2020A                                                                                                       | CUSIP: 686507JP0<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |     50000 | PA      | $52731.70     | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Fairport NY                                                           | Village of Fairport                                                                                                                              | CUSIP: 305567NM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5631750 | PA      | $5693685.17   | 0.13%             | 2026-05-29      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Allegheny County Higher Education Building Authority                             | Allegheny County Higher Education Building Authority, University Refunding Duquesne University, Series 2016                                      | CUSIP: 01728RLQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70760.36     | 0.00%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series F                                                                                                                   | CUSIP: 20772JQ47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25125.89     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Arizona Lottery Revenue                                                 | State of Arizona Lottery                                                                                                                         | CUSIP: 040624BN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $219056.30    | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Clean Water Initiative Revolving Fund, Series 2020                                                                   | CUSIP: 45204FFB6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40332.15     | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Colorado Springs CO Utilities System Revenue                             | City of Colorado Springs Utilities System, Series 2020A                                                                                          | CUSIP: 196632S20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80417.80     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York and New Jersey, Consolidated, Series 194                                                                              | CUSIP: 73358WYW8<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50150.20     | 0.00%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Presence Health Network, Series 2016C                                                                                | CUSIP: 45204FYF6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1384821.79   | 0.03%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series C                                                                                                          | CUSIP: 57582RNL6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    125000 | PA      | $125261.44    | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston, Series 2017A                                                                                                                    | CUSIP: 442331U51<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   2680000 | PA      | $2771869.86   | 0.06%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Civic Plaza Expansion, Series 2005B                                                                     | CUSIP: 71884WAQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25662.55     | 0.00%             | 2026-07-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series D                                                                                                                   | CUSIP: 25476FSQ2<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25497.96     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, NCMC, Inc., Project, Series 2016                                                                           | CUSIP: 19648A6D2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1055040.88   | 0.02%             | 2031-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Lubbock TX                                                               | City of Lubbock, Series 2018                                                                                                                     | CUSIP: 549188M49<br>LEI: 549300I1QTL3QZV4BX74 | Long             | DBT              | MUN               | US        |    500000 | PA      | $505637.10    | 0.01%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | Metropolitan Government Nashville and Davidson County, Health and Educational Facilities Board, Northview Project, Series 2023B                  | CUSIP: 592113CR3<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1500000 | PA      | $1527345.75   | 0.03%             | 2045-02-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| City of Cincinnati OH                                                            | City of Cincinnati, Unlimited Tax Various Purpose, Series 2017A                                                                                  | CUSIP: 172217A43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25160.13     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health and Educational Facilities Authority, Ascension Health Credit Group, Series 2016A                                               | CUSIP: 97712DQJ8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    400000 | PA      | $405923.32    | 0.01%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Monroe County (The)                                     | Development Authority of Monroe County (The), Georgia Power Co. Plant Scherer Project, Series 2006-2                                             | CUSIP: 610530FX0<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |    350000 | PA      | $351375.01    | 0.01%             | 2041-12-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | City and County of Denver, Airport System, Series 2023B                                                                                          | CUSIP: 249182UN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2095777.40   | 0.05%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Lease Appropriation Adult Correctional Building Fund Projects, Series 2017B                                                       | CUSIP: 677524CD0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30059.29     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Escambia County School Board                                                     | Escambia County School Board, Series 2020A                                                                                                       | CUSIP: 296141DQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $368665.15    | 0.01%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas Department of Transportation, Series 2018A                                                                                       | CUSIP: 485424SD8<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |    105000 | PA      | $107842.42    | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2016                                                                                                        | CUSIP: 70914PB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    785000 | PA      | $785703.20    | 0.02%             | 2025-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                          | City of Phoenix Civic Improvement Corp., Series 2020A                                                                                            | CUSIP: 71884AC64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25552.01     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 122, Series A                                                                       | CUSIP: 49151FB90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1055575.60   | 0.02%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | County of Miami-Dade, Aviation System, Series 2020A                                                                                              | CUSIP: 59333P5M6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $335692.61    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hampton Roads Sanitation District                                                | Hampton Roads Sanitation District, Series 2024A                                                                                                  | CUSIP: 409327LU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2149162.20   | 0.05%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | Metropolitan Washington Airports Authority Aviation, Series 2010C-2                                                                              | CUSIP: 592646X24<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | STIV             | MUN               | US        |  20100000 | PA      | $20100000.00  | 0.46%             | 2039-10-01      | Variable      | 2.78%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp.                                               | Mississippi Business Finance Corp., Waste Management, Inc., Project                                                                              | CUSIP: 60527MAQ2<br>LEI: 549300DYV074JUDKBQ77 | Long             | STIV             | MUN               | US        |   1250000 | PA      | $1213490.13   | 0.03%             | 2029-03-01      | Variable      | 0.70%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | Maryland Health and Higher Educational Facilities Authority, Medstar Health, Inc., Series 2015                                                   | CUSIP: 574218UV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50048.73     | 0.00%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RBC Municipal Products, Inc. Trust                                               | RBC Municipal Products, Inc. Trust, Floater Certificates, Series E-147                                                                           | CUSIP: 74934RP91<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  11000000 | PA      | $11000000.00  | 0.25%             | 2026-02-10      | Variable      | 2.76%                 | Yes           |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                      | New Hampshire Health and Education Facilities Authority Act, Series 2015B                                                                        | CUSIP: 64461XJY2<br>LEI: 549300CNCK7OT82W5653 | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1007452.30   | 0.02%             | 2040-06-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Hospital Trinity Health Credit Group, Series 2015MI                                                                  | CUSIP: 59447P7L9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    710000 | PA      | $712127.09    | 0.02%             | 2026-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Brasher Falls Central School District                                            | Brasher Falls Central School District                                                                                                            | CUSIP: 105529GM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6600000 | PA      | $6667031.58   | 0.15%             | 2026-07-16      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Right of Way Acquisition and Bridge Construction, Series 2017A                                                                 | CUSIP: 3411502D1<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25545.59     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Housing Finance Agency                                      | District of Columbia Housing Finance Agency, Paxton Project, Series 2022                                                                         | CUSIP: 25477PPQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5150000 | PA      | $5150000.00   | 0.12%             | 2040-09-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota               | Housing And Redevelopment Authority of The City of St. Paul Minnesota, Healtheast care System, Series 2015A                                      | CUSIP: 792888KK4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    145000 | PA      | $145725.54    | 0.00%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Indiana University Health Obligated Group, Series 2023B1                                                              | CUSIP: 45470YFL0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3695000 | PA      | $3903238.01   | 0.09%             | 2062-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County School Board                                                       | Orange County School Board, Series 2017B                                                                                                         | CUSIP: 684517SC0<br>LEI: 549300SEFJ368NVQXL34 | Long             | DBT              | MUN               | US        |    335000 | PA      | $342476.87    | 0.01%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Avoca Central School District                                                    | Avoca Central School District                                                                                                                    | CUSIP: 053876FC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8105000 | PA      | $8180190.90   | 0.19%             | 2026-06-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of New Mexico                                                              | State of New Mexico, Capital Projects, Series A                                                                                                  | CUSIP: 647293RJ0<br>LEI: 549300H4YLM23QKOGK29 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50653.35     | 0.00%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut Special Tax, Series A                                                                                                       | CUSIP: 207758VM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $275000.00    | 0.01%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spring Independent School District                                               | Spring Independent School District, Unlimited Tax, Series 2024B                                                                                  | CUSIP: 850001BK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $544822.40    | 0.01%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, LCRA Transmission Services Corp., Project                                                                        | CUSIP: 54811BQM6<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1112554.60   | 0.03%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Utah Water Conservancy District                                          | Central Utah Water Conservancy District, Series 2017B                                                                                            | CUSIP: 15567RBB8<br>LEI: 5493001AT8W3NBIEDB45 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50101.32     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                               | Tobacco Settlement Financing Corp., Series 2018A                                                                                                 | CUSIP: 888808HC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $744480.43    | 0.02%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | San Antonio Water System, Junior Lien, Series 2020A                                                                                              | CUSIP: 79642GHA3<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35606.36     | 0.00%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| General Authority of Southcentral Pennsylvania                                   | General Authority of Southcentral Pennsylvania, Wellspan Health Obligated Group, Series 2019E                                                    | CUSIP: 84129NML0<br>LEI: 549300QBNU5LBV4QX812 | Long             | STIV             | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.23%             | 2035-06-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                                    | Alabama Federal Aid Highway Finance Authority, Series B                                                                                          | CUSIP: 010268CC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102478.88    | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Hampton VA                                                               | City of Hampton, Series 2015A                                                                                                                    | CUSIP: 4095583V3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.00%             | 2033-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2017A                                                                                                                 | CUSIP: 60412ALA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35072.63     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | Municipal Electric Authority of Georgia Project, Series 2016A                                                                                    | CUSIP: 626207P73<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    265000 | PA      | $267068.75    | 0.01%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, State Infrastructure Project, Series 2021-1A                                                                                      | CUSIP: 677581HR4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20667.98     | 0.00%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | Florida Municipal Power Agency, All-Requirements Power Supply Project, Series 2017A                                                              | CUSIP: 342816N92<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |     75000 | PA      | $77061.65     | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO                                                       | City and County of Denver, Series 2024B                                                                                                          | CUSIP: 249164TN4<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |    955000 | PA      | $978452.41    | 0.02%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                              | Louisville and Jefferson County Metropolitan Government, Norton Healthcare, Inc., Series 2016A                                                   | CUSIP: 54659LBJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25582.19     | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2019C                                                                                              | CUSIP: 452252PE3<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    630000 | PA      | $666708.08    | 0.02%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Environmental Protection                                   | Florida Department of Environmental Protection, Series 2018A                                                                                     | CUSIP: 34160WB60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $347419.96    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Swedish Covenant Hospital, Series 2016A                                                                              | CUSIP: 45204EQC5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024034.60   | 0.02%             | 2028-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                      | Omaha Public Power District, Series 2022B                                                                                                        | CUSIP: 682001HR6<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21230.46     | 0.00%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan                                                                | State of Michigan, Series 2016                                                                                                                   | CUSIP: 594612DH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55766.84     | 0.00%             | 2026-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Municipal Power Agency                                                   | Indiana Municipal Power Agency, Power Supply System, Series 2019B                                                                                | CUSIP: 454898XD4<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | STIV             | MUN               | US        |  15000000 | PA      | $15000000.00  | 0.34%             | 2042-01-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Pasco County School Board                                                        | Pasco County School Board, Series 2022A                                                                                                          | CUSIP: 702528MZ0<br>LEI: 549300NYEDMC7IDJPE68 | Long             | DBT              | MUN               | US        |     90000 | PA      | $94161.87     | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | Oklahoma Development Finance Authority, Health System, Integris Obligated Group, Series 2020C                                                    | CUSIP: 67884XCT2<br>LEI: 549300PXGPHUWC32DJ91 | Long             | STIV             | MUN               | US        |  12610000 | PA      | $12610000.00  | 0.29%             | 2031-08-15      | Variable      | 3.23%                 | No            |                  2 | On Loan: No      |
| North Carolina Municipal Power Agency No. 1                                      | North Carolina Municipal Power Agency No. 1, Series A                                                                                            | CUSIP: 658203W91<br>LEI: 549300N3Q65G1ODRFX75 | Long             | DBT              | MUN               | US        |    955000 | PA      | $962993.73    | 0.02%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Consolidated Loan of 2019, Series 2019G                                                                           | CUSIP: 57582RZR0<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | South Carolina Public Service Authority, Santee Cooper, Series 2022A                                                                             | CUSIP: 837151ZD4<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    465000 | PA      | $479072.39    | 0.01%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Pierce Utilities Authority                                                  | Fort Pierce Utilities Authority, Series 2022A                                                                                                    | CUSIP: 348430PC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $183612.85    | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, State Sales Tax, Series 2016A                                                                                | CUSIP: 64990AUN3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30798.96     | 0.00%             | 2028-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | Pennsylvania Higher Educational Facilities Authority, University of Pennsylvania Health System, Series 2019                                      | CUSIP: 70917S6J7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $32146.98     | 0.00%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North St Paul-Maplewood-Oakdale Independent School District No. 622              | North St Paul-Maplewood-Oakdale Independent School District No. 622, Series 2021A                                                                | CUSIP: 662152GW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $266655.16    | 0.01%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                                        | Michigan State Hospital Finance Authority, Ascension Senior Credit Group, Series 2010F-7                                                         | CUSIP: 59465HTY2<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3658229.21   | 0.08%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2016                                                                                                                   | CUSIP: 452152G88<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    825000 | PA      | $851859.61    | 0.02%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Senior Lien, Series 2019B                                                                                  | CUSIP: 153476FP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45943.22     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | Florida Municipal Power Agency, All-Requirements Power Supply Project, Series 2016A                                                              | CUSIP: 342816H99<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |    170000 | PA      | $174512.19    | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | New York City Transitional Finance Authority Building Aid, Series 2019S-3A                                                                       | CUSIP: 64972HX23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $97132.26     | 0.00%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                         | Chester County Health and Education Facilities Authority, Main Line Health System, Series 2020A                                                  | CUSIP: 16557HEU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51184.23     | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Institutional Tax Free Money Market Fund                                | JPMorgan Institutional Tax Free Money Market Fund, Class IM                                                                                      | CUSIP: 46645V725<br>LEI: N/A                  | Long             | STIV             | RF                | US        | 695956172 | NS      | $696025767.18 | 15.82%            |  |  |  | No            |                  1 | On Loan: No      |
| Duval County Public Schools                                                      | Duval County Public Schools, Series 2022A                                                                                                        | CUSIP: 267169HC7<br>LEI: 254900RS6MO5WEO2WC42 | Long             | DBT              | MUN               | US        |     40000 | PA      | $43681.98     | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, General Airport, Senior Lien, Series 2020B                                                                 | CUSIP: 167593Q54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40312.26     | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Infrastructure Improvement, Series 2021B                                                                                          | CUSIP: 677523AQ5<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20763.76     | 0.00%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH Sales Tax Revenue                                          | County of Hamilton, Sales Tax, Series 2016A                                                                                                      | CUSIP: 407287MB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $692586.10    | 0.02%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                                     | State of Oregon Department of Transportation, Series 2022A                                                                                       | CUSIP: 68607DVP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20104.01     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | Kansas Development Finance Authority, AdventHealth, Series 2021B                                                                                 | CUSIP: 48542AFH9<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |   9220000 | PA      | $9826273.09   | 0.22%             | 2054-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Peters Township School District Washington County                                | Peters Township School District Washington County                                                                                                | CUSIP: 716090XG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20175.58     | 0.00%             | 2026-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, LCRA Transmission Services Corp., Project, Series 2022                                                           | CUSIP: 54811BYA3<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20836.32     | 0.00%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2016B                                                                                                               | CUSIP: 605581HZ3<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20645.45     | 0.00%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Turnpike Authority                                                      | Kentucky Turnpike Authority, Series 2016A                                                                                                        | CUSIP: 491552K38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1230119.40   | 0.03%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Worth Independent School District                                           | Fort Worth Independent School District, Unlimited Tax                                                                                            | CUSIP: 349461FJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7794546.75   | 0.18%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Higher Education Building Authority                             | Allegheny County Higher Education Building Authority, Robert Morris University                                                                   | CUSIP: 01728RMJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1144128.59   | 0.03%             | 2038-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | Commonwealth Financing Authority, Series 2019B                                                                                                   | CUSIP: 20281PLA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $161478.15    | 0.00%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | South Carolina Jobs-Economic Development Authority, Bon Secours Mercy Health, Inc., Series 2025B-1                                               | CUSIP: 83703EMV4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7654260.60   | 0.17%             | 2055-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Municipal Electric Agency                                               | Illinois Municipal Electric Agency, Power Supply System, Series 2015A                                                                            | CUSIP: 452024HV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50023.23     | 0.00%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | Philadelphia Authority for Industrial Development, Series 2019                                                                                   | CUSIP: 71781QEZ7<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001611.70   | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Northwestern Memorial Healthcare, Series 2017A                                                                       | CUSIP: 45204EZQ4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21082.24     | 0.00%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spring Independent School District                                               | Spring Independent School District, Unlimited Tax, Series 2017A                                                                                  | CUSIP: 8500006C9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40826.56     | 0.00%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2021B                                                                                            | CUSIP: 23503CAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45178.00     | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Township of Howell NJ                                                            | Township of Howell                                                                                                                               | CUSIP: 443157MJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3518098.15   | 0.08%             | 2026-02-19      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Fort Worth TX                                                            | City of Fort Worth                                                                                                                               | CUSIP: 349426EZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $321668.77    | 0.01%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, School Districts Financing Program, Series 2017G                                                             | CUSIP: 64990CP21<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    105000 | PA      | $105204.06    | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota               | Housing And Redevelopment Authority of The City of St. Paul Minnesota, Healtheast care System, Series 2015A                                      | CUSIP: 792888KN8<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100500.37    | 0.00%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | Philadelphia Authority for Industrial Development, Culture and Commercial Corridor Program, Series 2016A                                         | CUSIP: 71779QAK8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   5125000 | PA      | $5154143.83   | 0.12%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, First Tier, Series 2024A                                                                                          | CUSIP: 66285WQ25<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   4635000 | PA      | $5006019.70   | 0.11%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2020B                                                                                                               | CUSIP: 605581MT1<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |    115000 | PA      | $115000.00    | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                               | Missouri Development Finance Board, Procter & Gamble Co. Project, Series 1999                                                                    | CUSIP: 60636LAA7<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1221686.60   | 0.03%             | 2029-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Franklin County Unified School District No. 290 Ottawa                           | Franklin County Unified School District No. 290 Ottawa, Series A                                                                                 | CUSIP: 352802GS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55000.00     | 0.00%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | Mississippi Development Bank, Harrison County, Series 2013A                                                                                      | CUSIP: 60534TML6<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2207528.32   | 0.05%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2025, Series 2018A                                                                                                 | CUSIP: 64966SFS0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32716.52     | 0.00%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Bexar TX                                                               | County of Bexar, Limited Tax, Series 2017                                                                                                        | CUSIP: 088281A34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $275326.40    | 0.01%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Douglas County Hospital Authority No. 2                                          | Douglas County Hospital Authority No. 2, Children's Obligated Group, Series 2020B                                                                | CUSIP: 259230PJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2103173.31   | 0.05%             | 2053-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New Mexico Severance Tax Permanent Fund                                 | State of New Mexico Severance Tax Permanent Fund, Series 2020A                                                                                   | CUSIP: 6473103J8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $27356.55     | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Trinity Health Credit Group, Series 2015MI                                                                           | CUSIP: 59447P7W5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45198.27     | 0.00%             | 2028-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut Special Tax, Series 2024A-1                                                                                                 | CUSIP: 207758S79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $49339.58     | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                   | Washington Metropolitan Area Transit Authority, Series A-1                                                                                       | CUSIP: 938782EN5<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |    280000 | PA      | $286017.20    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, Intermountain Healthcare, Series 2022C                                                                     | CUSIP: 19648FVL5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   5015000 | PA      | $5331007.69   | 0.12%             | 2062-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Henry County Water Authority                                                     | Henry County Water Authority, Series 2021                                                                                                        | CUSIP: 426368AE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70737.82     | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Article XI-G Project, Series 2025G                                                                                              | CUSIP: 68609USA4<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   5315000 | PA      | $5590737.42   | 0.13%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, School Facilities Construction, Series 2005N-1                                                        | CUSIP: 6459165F0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    195000 | PA      | $195000.00    | 0.00%             | 2025-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Chattanooga Electric                                                     | City of Chattanooga Electric, Series A                                                                                                           | CUSIP: 162393EM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2830000 | PA      | $2830000.00   | 0.06%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp.                                           | Clifton Higher Education Finance Corp., Idea Public Schools                                                                                      | CUSIP: 187145VT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1725133.41   | 0.04%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Croton-Harmon Union Free School District                                         | Croton-Harmon Union Free School District, Series 2025A                                                                                           | CUSIP: 227777GZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21132178 | PA      | $21374564.08  | 0.49%             | 2026-06-26      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Future Tax Secured, Series C                                                                       | CUSIP: 64971WU40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31253.27     | 0.00%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Health Facilities Development Corp.                                | Harris County Health Facilities Development Corp., Sisters of Charity of the Incarnate Word, Series 1997B                                        | CUSIP: 41315RAY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3170000 | PA      | $3283426.09   | 0.07%             | 2027-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| County of Maui HI                                                                | County of Maui, Series 2018                                                                                                                      | CUSIP: 5772856A2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Colorado Hospital Authority                                        | University of Colorado, Hospital Authority, Series 2018C                                                                                         | CUSIP: 914183BL1<br>LEI: GQ60RLZ5ZEBY2J9KLI75 | Long             | STIV             | MUN               | US        |  25000000 | PA      | $25000000.00  | 0.57%             | 2039-11-15      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| University of Maine System                                                       | University of Maine System, Series 2022                                                                                                          | CUSIP: 914399RK8<br>LEI: 254900T8BJAYXUKEVV62 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40487.01     | 0.00%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, State Infrastructure Project, Series 2016-1                                                                                       | CUSIP: 677581GH7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50959.00     | 0.00%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                | North Carolina Turnpike Authority, Triangle Expressway System, Senior Lien, Series 2017                                                          | CUSIP: 65830RBD0<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50381.87     | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, School Districts Financing Program, Series 2025A                                                             | CUSIP: 64985SCY7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2638153.25   | 0.06%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission                                                  | Texas Transportation Commission, Series 2024                                                                                                     | CUSIP: 882830BL5<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |     90000 | PA      | $91370.91     | 0.00%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Series 2023B                                                                                                                 | CUSIP: 60412AD26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $274693.05    | 0.01%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                     | City and County of Honolulu, Rail Transit Project, Series 2021E                                                                                  | CUSIP: 438687TW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $354505.10    | 0.01%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lubbock TX Electric Light & Power System Revenue                         | City of Lubbock, Electric Light and Power System, Series 2021                                                                                    | CUSIP: 549203WX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37272.98     | 0.00%             | 2028-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Yuma Municipal Property Corp.                                            | City of Yuma Municipal Property Corp., Senior Lien, Series 2015                                                                                  | CUSIP: 98851CAL1<br>LEI: 549300FYH11KOMXWJA47 | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2018507.11   | 0.05%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2020A                                                                                                                  | CUSIP: 196711SY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $82272.52     | 0.00%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Borough of Ramsey NJ                                                             | Borough of Ramsey                                                                                                                                | CUSIP: 751600DA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7700000 | PA      | $7745547.81   | 0.18%             | 2026-02-27      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus OH                                                              | City of Columbus, Various Purpose, Unlimited Tax, Series 2017-1                                                                                  | CUSIP: 199492VK2<br>LEI: 254900NS3ODS0FZ3AM48 | Long             | DBT              | MUN               | US        |   7010000 | PA      | $7357405.09   | 0.17%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Transportation Commission Mobility Fund                                                                                          | CUSIP: 8827242E6<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   1845000 | PA      | $2062436.20   | 0.05%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin County School District No. 1 Pasco                                      | Franklin County School District No. 1 Pasco, Unlimited Tax, Series 2015                                                                          | CUSIP: 353442ZY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5015000 | PA      | $5021048.09   | 0.11%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | Michigan Strategic Fund, Consumers Co. Project, Series 2019                                                                                      | CUSIP: 594698TK8<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1700000 | PA      | $1678577.28   | 0.04%             | 2049-10-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| County of Wake NC                                                                | County of Wake, Series 2021                                                                                                                      | CUSIP: 930876EY9<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |     80000 | PA      | $81051.89     | 0.00%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Sports & Tourism Authority                                               | Arizona Sports and Tourism Authority, Senior Lien Multipurpose Stadium Facility Project, Series 2022                                             | CUSIP: 040583BS4<br>LEI: 5493000FS1Q9KGAM2L28 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30634.70     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transit Authority of Harris County Sales & Use Tax Revenue          | Metropolitan Transit Authority of Harris County Sales and Use Tax, Series A                                                                      | CUSIP: 41422EFQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $128922.06    | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                                      | Florida Local Government Finance Commission, Fleet Landing at Nocatee Project                                                                    | CUSIP: 34077UAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6300000 | PA      | $6327233.64   | 0.14%             | 2030-11-15      | Fixed         | 4.20%                 | Yes           |                  2 | On Loan: No      |
| County of Will IL                                                                | County of Will, Series 2016                                                                                                                      | CUSIP: 968657HJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $120612.79    | 0.00%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                                    | Alabama Federal Aid Highway Finance Authority, Series A                                                                                          | CUSIP: 010268BP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1102505.25   | 0.03%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority Future Tax Secured, Series 2022D, Subseries D-1                                                     | CUSIP: 64971XN20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20634.36     | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri State Board of Public Buildings                                         | Missouri State Board of Public Buildings, Series 2020B                                                                                           | CUSIP: 606341MC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $41181.94     | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, State Revolving Fund Program, Series 2017C                                                                            | CUSIP: 45506DH99<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    215000 | PA      | $217296.22    | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, LCRA Transmission Services Corp., Project, Series 2020                                                           | CUSIP: 54811BUL3<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20836.32     | 0.00%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                                            | New Mexico Mortgage Finance Authority, Santee Apartments and Sangre De Cristo Project                                                            | CUSIP: 64719HEP1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1001330.90   | 0.02%             | 2042-02-01      | Variable      | 3.73%                 | No            |                  2 | On Loan: No      |
| County of Montgomery MD                                                          | County of Montgomery, Series 2017B                                                                                                               | CUSIP: 6133407D4<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20398.37     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Sales Tax, Series 2024A                                                                                      | CUSIP: 65000BW61<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1635655.02   | 0.04%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alexandria Redevelopment & Housing Authority                                     | Alexandria Redevelopment and Housing Authority, Multi-Family Housing 431 S Columbus State Block 4, Series 2024                                   | CUSIP: 015330FB4<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   2500000 | PA      | $2502805.75   | 0.06%             | 2054-12-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                               | Tennessee Energy Acquisition Corp., Commodity Project, Series 2021A                                                                              | CUSIP: 88044TAE9<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510164.10    | 0.01%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada                                                                  | State of Nevada, Capital Improvement and Cultural Affairs, Series 2020A                                                                          | CUSIP: 641462HJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52250.53     | 0.00%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | San Antonio Water System, Junior Lien, Series 2020A                                                                                              | CUSIP: 79642GHD7<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |     30000 | PA      | $32709.23     | 0.00%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | Florida Municipal Power Agency, All-Requirements Power Supply Project, Series 2015B                                                              | CUSIP: 342816F83<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |    600000 | PA      | $601156.98    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, School Districts Financing Program, Series H                                                                 | CUSIP: 65000BVR6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10016.87     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Travis TX                                                              | County of Travis, Series 2019A                                                                                                                   | CUSIP: 89453PG60<br>LEI: 549300HEC6MNL5465K30 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70928.91     | 0.00%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                   | Empire State Development Corp., State Personal Income Tax, Series 2016A                                                                          | CUSIP: 650036GP5<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25368.20     | 0.00%             | 2026-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | New York City Transitional Finance Authority, Building Aid, Fiscal Year 2018, Series S-2                                                         | CUSIP: 64972HC26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36628.78     | 0.00%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                           | Lewisville Independent School District, Unlimited Tax, Series 2023                                                                               | CUSIP: 52882PFH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $948274.76    | 0.02%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Multi Modal Program, Series III                                                                               | CUSIP: 594615HB5<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   8635000 | PA      | $8635000.00   | 0.20%             | 2042-10-15      | Variable      | 2.83%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, School Districts Financing Program, Series 2025A                                                             | CUSIP: 64985SCZ4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1080504.80   | 0.02%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tri-County Metropolitan Transportation District of Oregon                        | Tri-County Metropolitan Transportation District of Oregon, Series 2018A                                                                          | CUSIP: 89546RPP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105945.85    | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2022B                                                                                            | CUSIP: 23503CAV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36950.32     | 0.00%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | County of Miami-Dade, Water and Sewer System, Series 2015                                                                                        | CUSIP: 59334DHZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $215430.26    | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery Water Works & Sanitary Sewer Board                                    | Montgomery Water Works and Sanitary Sewer Board, Series 2019A                                                                                    | CUSIP: 613105KA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Project 1, Series 2022-A                                                                                                       | CUSIP: 29270C4M4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102174.00    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Ocean City NJ                                                            | City of Ocean City, General Improvement                                                                                                          | CUSIP: 674684RT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40022.84     | 0.00%             | 2025-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Clean Water Revolving Fund, Series 2016B                                                                             | CUSIP: 59447TNV1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    245000 | PA      | $245506.37    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, State Clean Water Initiative, Series 2016                                                                            | CUSIP: 45204EJH2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    110000 | PA      | $110514.67    | 0.00%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | Las Vegas Valley Water District, Series 2016B                                                                                                    | CUSIP: 517845BL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20321.86     | 0.00%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Collin County Community College District                                         | Collin County Community College District, Series 2018                                                                                            | CUSIP: 194741GM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $97345.01     | 0.00%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of El Paso TX Water & Sewer Revenue                                         | City of El Paso Water Sewer, Series 2019A                                                                                                        | CUSIP: 283822SG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1275366.82   | 0.03%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | Maricopa County Industrial Development Authority, Banner Health, Series 2019D                                                                    | CUSIP: 56682HCT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2165000 | PA      | $2199614.24   | 0.05%             | 2046-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2014, Series 2014I-1                                                                                               | CUSIP: 64966LKQ3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5009.49      | 0.00%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2025B                                                                                                               | CUSIP: 20772KB99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1910000 | PA      | $2069485.19   | 0.05%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas Department of Transportation, Series 2015B                                                                                       | CUSIP: 485424QK4<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75000.00     | 0.00%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Edward Elmhurst Healthcare, Series 2017A                                                                             | CUSIP: 45204ERN0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45905.22     | 0.00%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Polk County School District                                                      | Polk County School District, Series 2019                                                                                                         | CUSIP: 731127CU8<br>LEI: 549300N07FMPTRZO0044 | Long             | DBT              | MUN               | US        |    370000 | PA      | $370760.57    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut Special Tax, Series 2018B                                                                                                   | CUSIP: 207758XZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $220436.61    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Cornwall NY                                                              | Town of Cornwall                                                                                                                                 | CUSIP: 219579JG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8545000 | PA      | $8622150.24   | 0.20%             | 2026-04-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Missouri Public Utilities Commission                                             | Missouri Public Utilities Commission                                                                                                             | CUSIP: 606374AT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9750000 | PA      | $9791963.03   | 0.22%             | 2026-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County School District No. 46 Oregon Trail                             | Clackamas County School District No. 46 Oregon Trail, Series 2017                                                                                | CUSIP: 179126DU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1562120.10   | 0.04%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line Revenue                                             | State of Michigan Trunk Line, Series 2021A                                                                                                       | CUSIP: 5946952L1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25131.04     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2016A                                                                                                      | CUSIP: 57582RHE9<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     85000 | PA      | $86918.80     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | Health and Educational Facilities Authority of the State of Missouri, St. Luke's Health System, Inc.                                             | CUSIP: 60637AKP6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50246.72     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Senior Lien, Series 2019B                                                                                  | CUSIP: 153476FS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $81674.32     | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, First Tier, Series 2022A                                                                                          | CUSIP: 66285WJ23<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    125000 | PA      | $126038.30    | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, State Water Implementation Fund, Series 2018B                                                                     | CUSIP: 882854M41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25076.60     | 0.00%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Independent School District No. 1 Tulsa                             | Tulsa County Independent School District No. 1 Tulsa, Series 2025A                                                                               | CUSIP: 899525WR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5230000 | PA      | $5374766.92   | 0.12%             | 2029-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| City of Columbus OH                                                              | City of Columbus, Series 2016A                                                                                                                   | CUSIP: 199492QS1<br>LEI: 254900NS3ODS0FZ3AM48 | Long             | DBT              | MUN               | US        |     90000 | PA      | $90096.98     | 0.00%             | 2026-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                                        | Michigan State Hospital Finance Authority, Trinity Health Credit Group, Series 2008C                                                             | CUSIP: 59465HUL8<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30165.46     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Mahoning OH                                                            | County of Mahoning, Limited Tax Various Tax                                                                                                      | CUSIP: 5600582D0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5400000 | PA      | $5405991.30   | 0.12%             | 2025-10-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | Great Lakes Water Authority Water Supply System, Senior Lien                                                                                     | CUSIP: 39081JAH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25488.83     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                     | Orlando Utilities Commission, Series 2018A                                                                                                       | CUSIP: 686507HR8<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |    470000 | PA      | $470931.35    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                                     | State of Oregon Department of Transportation, Series A                                                                                           | CUSIP: 68607DSV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30156.01     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Somerville MA                                                            | City of Somerville, Series 2025B                                                                                                                 | CUSIP: 835241MV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18500000 | PA      | $18868773.45  | 0.43%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lansingburgh Central School District at Troy                                     | Lansingburgh Central School District at Troy                                                                                                     | CUSIP: 516498GZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10072658 | PA      | $10160958.95  | 0.23%             | 2026-07-10      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Lee County School Board (The)                                                    | Lee County School Board (The), Series 2014B                                                                                                      | CUSIP: 523494PB2<br>LEI: 54930014H67DITNA1Q29 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25044.42     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Denton TX                                                              | County of Denton, Permanent Improvement                                                                                                          | CUSIP: 2487755B0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20441.30     | 0.00%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Denton TX Utility System Revenue                                         | City of Denton, Utility System, Series 2017                                                                                                      | CUSIP: 249015B98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $118462.51    | 0.00%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority, Second Generation, Fiscal Year 2022, Series 2022, Subseries BB-2                                | CUSIP: 64972GZQ0<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    815000 | PA      | $820699.21    | 0.02%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                   | Empire State Development Corp., State Personal Income Tax, Series 2017C                                                                          | CUSIP: 6500356K9<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     80000 | PA      | $81145.50     | 0.00%             | 2026-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2016E                                                                                                                   | CUSIP: 3733846U5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65433.21     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Memphis-Shelby County Industrial Development Board                               | Memphis-Shelby County Industrial Development Board, Series 2017B                                                                                 | CUSIP: 586108AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $225873.34    | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                          | City of Philadelphia, Series 2025C                                                                                                               | CUSIP: 717813C56<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   5425000 | PA      | $6032920.62   | 0.14%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | New Jersey Health Care Facilities Financing Authority, RWJ Barnabas Health Obligated Group, Series 2016A                                         | CUSIP: 645790FH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $142831.19    | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | Illinois State Toll Highway Authority, Series 2019B                                                                                              | CUSIP: 452252NU9<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |     20000 | PA      | $21165.34     | 0.00%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | State of Maryland, Series 2017C                                                                                                                  | CUSIP: 574193NX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $36815.77     | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                                | Palm Beach County School District, Series B                                                                                                      | CUSIP: 696550C75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $107413.27    | 0.00%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2016                                                                                                    | CUSIP: 709224LL1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |     60000 | PA      | $60345.36     | 0.00%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut Special Tax, Series 2022A                                                                                                   | CUSIP: 207758J38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $61334.42     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA                                                               | City of Seattle, Limited Tax, Series 2022A                                                                                                       | CUSIP: 812627LW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26205.28     | 0.00%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | Commonwealth Financing Authority, Tobacco Master Settlement Payment                                                                              | CUSIP: 20282EAL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3445000 | PA      | $3644506.50   | 0.08%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO                                                       | City and County of Denver, Series 2024A                                                                                                          | CUSIP: 249164SW5<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1080908.16   | 0.02%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, School Districts Financing Program, Series 2018A                                                             | CUSIP: 64990GAP7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40077.74     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lincoln NE Electric System Revenue                                       | City of Lincoln, Electric System, Series 2020A                                                                                                   | CUSIP: 534272K99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $121130.31    | 0.00%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | State of Illinois, Sales Tax, Series 2013                                                                                                        | CUSIP: 452227HA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1865000 | PA      | $1871227.98   | 0.04%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, State Revolving Fund Program, Series D                                                                                | CUSIP: 45506DYR0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    140000 | PA      | $143362.04    | 0.00%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston, Series 2019A                                                                                                                    | CUSIP: 4423314Z4<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |     65000 | PA      | $68986.83     | 0.00%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mid-Bay Bridge Authority                                                         | Mid-Bay Bridge Authority, Series C                                                                                                               | CUSIP: 342814EA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1753086.83   | 0.04%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2018E                                                                                                               | CUSIP: 20772KDW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1780493.72   | 0.04%             | 2030-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Right of Way Acquisition and Bridge Construction, Series 2019A                                                                 | CUSIP: 3411505V8<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40872.94     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority, Second Generation, Fiscal Year 2020, Series 2020CC-1                                            | CUSIP: 64972GUR3<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |     60000 | PA      | $61303.66     | 0.00%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Electric System Revenue                                                      | JEA Electric System, Series 2017B                                                                                                                | CUSIP: 46613SFU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7360528.70   | 0.17%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge and Tunnel Authority, MTA Bridges and Tunnels, Series 2016A                                                                    | CUSIP: 89602N5D2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30528.79     | 0.00%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Canisteo-Greenwood Central School District                                       | Canisteo-Greenwood Central School District                                                                                                       | CUSIP: 137590CL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7800000 | PA      | $7875153.78   | 0.18%             | 2026-06-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, State Clean Water Initiative, Series 2017                                                                            | CUSIP: 45204EXT0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    170000 | PA      | $175908.62    | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Housing Finance Authority                                      | Miami-Dade County Housing Finance Authority, Quail Roost Transit Village, Series 2023                                                            | CUSIP: 593344BN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4985000 | PA      | $4985000.00   | 0.11%             | 2026-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Municipal Electric Agency                                               | Illinois Municipal Electric Agency, Power Supply System, Series 2015A                                                                            | CUSIP: 452024HW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25011.61     | 0.00%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2016A                                                                                                               | CUSIP: 20772JT28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20167.63     | 0.00%             | 2026-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | Health and Educational Facilities Authority of the State of Missouri, St. Louis University                                                       | CUSIP: 60637AKS0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    220000 | PA      | $223812.78    | 0.01%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                         | Build NYC Resource Corp., The Young Men's and Women's Hebrew Association Project, Series 2024                                                    | CUSIP: 12008EVX1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   8040000 | PA      | $8464072.21   | 0.19%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Independent School District No. 1 Tulsa                             | Tulsa County Independent School District No. 1 Tulsa, Series 2025A                                                                               | CUSIP: 899525WQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4325000 | PA      | $4474844.82   | 0.10%             | 2028-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Butler County Unified School District No. 385 Andover                            | Butler County Unified School District No. 385 Andover, Series 2017                                                                               | CUSIP: 12343ECN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2062620.00   | 0.05%             | 2027-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Arizona                                                                 | State of Arizona                                                                                                                                 | CUSIP: 040588J22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20000.00     | 0.00%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County School Board (The)                                                    | Lee County School Board (The), Series 2019A                                                                                                      | CUSIP: 523494QE5<br>LEI: 54930014H67DITNA1Q29 | Long             | DBT              | MUN               | US        |    215000 | PA      | $219975.62    | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, Biomedical Research Facilities, Series 2016A                                                          | CUSIP: 64577BSG0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1097592.31   | 0.02%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | Dallas Area Rapid Transit, Sales Tax, Senior Lien, Series 2016A                                                                                  | CUSIP: 235241RL2<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |     90000 | PA      | $90552.85     | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2023B                                                                                                               | CUSIP: 25476FA81<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25497.96     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida, Public Education Capital Outlay, Series 2017C                                                                                  | CUSIP: 34153QLH7<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20400.41     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | Oklahoma Turnpike Authority, Turnpike System, Second Senior, Series 2020A                                                                        | CUSIP: 679111A79<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20171.41     | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | Dallas Area Rapid Transit, Sales Tax, Senior Lien, Series 2019                                                                                   | CUSIP: 235241SY3<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |    260000 | PA      | $261577.08    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | State of Oregon, Article XI-Q State Project, Series 2023A                                                                                        | CUSIP: 68609UBT1<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25443.35     | 0.00%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2020A                                                                                                                  | CUSIP: 196711SU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $130000.00    | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                                         | Arizona Board of Regents, State University, Series 2015A                                                                                         | CUSIP: 04048RLE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75150.64     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Springs School District No. 11 Facilities Corp.                         | Colorado Springs School District No. 11 Facilities Corp.                                                                                         | CUSIP: 19662UAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $403218.60    | 0.01%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisa Industrial Development Authority                                          | Louisa Industrial Development Authority, Electric and Power Co. Project                                                                          | CUSIP: 546068AZ0<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   2000000 | PA      | $2001360.80   | 0.05%             | 2035-11-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2016, Series E                                                                                                     | CUSIP: 64966MAU3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35838.84     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of New Hanover NC                                                         | County of New Hanover, New Hanover Regional Medical Center                                                                                       | CUSIP: 644804EZ5<br>LEI: 549300TDDH9O6TH23823 | Long             | DBT              | MUN               | US        |     75000 | PA      | $79135.19     | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hudson County Improvement Authority                                              | Hudson County Improvement Authority, Courthouse Project, Series 2020                                                                             | CUSIP: 443730PL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31612.44     | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Clean Water Trust (The)                                            | Massachusetts Clean Water Trust (The), Series 23B                                                                                                | CUSIP: 575829HJ8<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50561.06     | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                            | Tennessee State School Bond Authority, Higher Educational Facilities Second Program, Series A                                                    | CUSIP: 880558JE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100422.21    | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health and Educational Facilities Authority, Ascension Senior Credit Group, Series 2016A                                               | CUSIP: 97712DQH2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    150000 | PA      | $152346.47    | 0.00%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | Health and Educational Facilities Authority of the State of Missouri, SSM Health Care Obligated Group, Series 2023A                              | CUSIP: 60637AVX7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    850000 | PA      | $898048.72    | 0.02%             | 2039-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Mid-Bay Bridge Authority                                                         | Mid-Bay Bridge Authority, Series A                                                                                                               | CUSIP: 342814DG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1602822.24   | 0.04%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | Health and Educational Facilities Authority of the State of Missouri, Mercy Health, Series 2018A                                                 | CUSIP: 60637ANB4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    205000 | PA      | $219533.15    | 0.00%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority Educational Facilities, 21St Century College and Equipment Programs, Series 2017E                            | CUSIP: 92778VFE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $308334.60    | 0.01%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Water & Sewer System Revenue                                | City of Charlotte Water and Sewer System, Series 2020                                                                                            | CUSIP: 161045QF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51118.86     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Round Rock Independent School District                                           | Round Rock Independent School District, Series 2016                                                                                              | CUSIP: 779240LC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30679.23     | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | Orange County Health Facilities Authority, Orlando Health Obligated Group, Series 2019B                                                          | CUSIP: 68450LGA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102793.04    | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health and Educational Facilities Authority, Ascension Health Credit Group, Series 2016A                                               | CUSIP: 97712DQG4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50806.11     | 0.00%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New Orleans LA Water System Revenue                                      | City of New Orleans, Water System, Series 2015                                                                                                   | CUSIP: 647753LT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $457738.05    | 0.01%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha School District                                                            | Omaha School District, Series 2016                                                                                                               | CUSIP: 259291ND0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2780012.34   | 0.06%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                          | City of Philadelphia, Series 2019B                                                                                                               | CUSIP: 717813XC8<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |    150000 | PA      | $159224.30    | 0.00%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | New York City Transitional Finance Authority Building Aid, Subordinate, Series 2016S-1                                                           | CUSIP: 64972HYL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30273.28     | 0.00%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Fairfax VA                                                             | County of Fairfax, Series 2016A                                                                                                                  | CUSIP: 30382AEW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30462.49     | 0.00%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Township of Middle NJ                                                            | Township of Middle, General Improvement Sewer Utility                                                                                            | CUSIP: 596010JJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7770000 | PA      | $7770271.95   | 0.18%             | 2025-09-03      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Transportation System, Series 2019A                                                              | CUSIP: 6461366C0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    150000 | PA      | $154719.89    | 0.00%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Borough of East Rutherford NJ                                                    | Borough of East Rutherford                                                                                                                       | CUSIP: 274785JB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14130000 | PA      | $14236897.69  | 0.32%             | 2026-04-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Borough of Matanuska-Susitna AK                                                  | Borough of Matanuska-Susitna, Goose Creek Correctional Center Project                                                                            | CUSIP: 576553CE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $480000.00    | 0.01%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Transportation Improvement, Limited Tax, Series 2018B                                                                           | CUSIP: 180848XV0<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    215000 | PA      | $231806.96    | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | New York State Housing Finance Agency, State Personal Income Tax, Series 2024A-2                                                                 | CUSIP: 649870NG3<br>LEI: 5493000LS7KCDB02O506 | Long             | STIV             | MUN               | US        |   3000000 | PA      | $3015301.20   | 0.07%             | 2054-06-15      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                   | Washington Metropolitan Area Transit Authority, Series 2018                                                                                      | CUSIP: 938782GA1<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20429.80     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Robstown Independent School District                                             | Robstown Independent School District, Unlimited Tax, Series 2016                                                                                 | CUSIP: 771146WS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $305291.82    | 0.01%             | 2026-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                               | Tennessee Energy Acquisition Corp., Commodity Project, Series 2021A                                                                              | CUSIP: 88044TAD1<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |    350000 | PA      | $351010.45    | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV Passenger Facility Charge Revenue                             | County of Clark, Passenger Facility Charge, Las Vegas-McCarran International Airport Passenger Facility, Series 2019E                            | CUSIP: 181006HK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $209355.59    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | Virginia College Building Authority Educational Facilities, 21St Century College and Equipment Programs, Series 2017E                            | CUSIP: 92778VFF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $46725.36     | 0.00%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Assessment Revenue                    | Massachusetts Bay Transportation Authority Assessment, Series 2006A                                                                              | CUSIP: 575577PQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $152545.48    | 0.00%             | 2027-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District Water System Revenue                        | North Texas Municipal Water District Water System, Series 2016                                                                                   | CUSIP: 662903QU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $465000.00    | 0.01%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2017B                                                                                                                 | CUSIP: 977100FA9<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20345.56     | 0.00%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Associated Municipal Power Systems                                          | Utah Associated Municipal Power Systems, Horse Butte Wind Project, Series 2017A                                                                  | CUSIP: 917328RQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $844286.77    | 0.02%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | City of Dallas Waterworks and Sewer System, Series 2015A                                                                                         | CUSIP: 2354166P4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180321.26    | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lyons Central School District                                                    | Lyons Central School District                                                                                                                    | CUSIP: 552279KZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8876000 | PA      | $8965121.25   | 0.20%             | 2026-06-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | Florida Municipal Power Agency, All-Requirements Power Supply Project, Series 2015B                                                              | CUSIP: 342816F91<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1082082.56   | 0.02%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth Transportation Board                                       | Virginia Commonwealth Transportation Board, Federal Transportation                                                                               | CUSIP: 92778UBY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30411.83     | 0.00%             | 2026-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Bond Development Corp.                                                  | Kentucky Bond Development Corp., Series 2019                                                                                                     | CUSIP: 491211AZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $1960000.00   | 0.04%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Private Colleges & Universities Authority                                        | Private Colleges and Universities Authority, Emory University, Series 2020B                                                                      | CUSIP: 74265LS66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $670000.00    | 0.02%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | Pennsylvania Economic Development Financing Authority, Solid Waste Disposal, Republic Services, Inc., Project, Series 2019B-1                    | CUSIP: 708692BM9<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  12000000 | PA      | $12000825.60  | 0.27%             | 2049-04-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Florida Department of Environmental Protection                                   | Florida Department of Environmental Protection, Series 2016A                                                                                     | CUSIP: 34160WZK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $81745.87     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2024A                                                                                                 | CUSIP: 65000BW46<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2655172.01   | 0.06%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 411 Issaquah                                     | King County School District No. 411 Issaquah, Unlimited Tax, Series 2022                                                                         | CUSIP: 4952245V5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $110678.24    | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2021B                                                                                                      | CUSIP: 57582RT89<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20085.75     | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Vernon CA Electric System Revenue                                        | City of Vernon, Electric System, Series 2021A                                                                                                    | CUSIP: 924397EH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200346.54    | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2025, Series 2025C, Subseries C-1                                                                                  | CUSIP: 64966SGQ3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    175000 | PA      | $179591.04    | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | JEA Water and Sewer System, Series 2017A                                                                                                         | CUSIP: 46613P4C7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25050.98     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Allegheny PA                                                           | County of Allegheny, Series C-75                                                                                                                 | CUSIP: 01728VSL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5475000 | PA      | $5628211.31   | 0.13%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                      | Long Island Power Authority, Electric System                                                                                                     | CUSIP: 542691DY3<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |    315000 | PA      | $315000.00    | 0.01%             | 2025-09-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Facilities Program, Series 2015I                                                                              | CUSIP: 594615JF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20059.68     | 0.00%             | 2032-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Various Purpose, Series 2019A                                                                                                | CUSIP: 60412AQS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25618.34     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Valley State University                                                    | Grand Valley State University, Series 2016A                                                                                                      | CUSIP: 386545KV8<br>LEI: 5493004492FRREYG5M95 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1647148.91   | 0.04%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | New Jersey Turnpike Authority, Series 2005D-3                                                                                                    | CUSIP: 646139ZX6<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1080008.57   | 0.02%             | 2026-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of St Louis MO Airport Revenue                                              | City of St. Louis Airport, Series 2005                                                                                                           | CUSIP: 791638VF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $79097.26     | 0.00%             | 2027-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Burlington County Bridge Commission                                              | Burlington County Bridge Commission, Government Leasing Program, Series 2024D                                                                    | CUSIP: 121651PZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5700000 | PA      | $5720589.54   | 0.13%             | 2025-12-11      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio, Electric and Gas Systems, Series 2016                                                                                       | CUSIP: 7962535V0<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1202483.13   | 0.03%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCAGO Educational Facilities Corp. for Pickens School District                   | SCAGO Educational Facilities Corp. for Pickens School District                                                                                   | CUSIP: 80585TCD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $85128.36     | 0.00%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tallahassee FL Energy System Revenue                                     | City of Tallahassee, Energy System, Series 2020                                                                                                  | CUSIP: 874476LE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $89643.88     | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Johnson City NY                                                       | Village of Johnson City, Series 2024C                                                                                                            | CUSIP: 478232QY0<br>LEI: 549300LRO82Q9UD0VD27 | Long             | DBT              | MUN               | US        |  17250878 | PA      | $17262306.71  | 0.39%             | 2025-09-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2025, Series 2025F, Subseries F-1                     | CUSIP: 64972JPW2<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2630000 | PA      | $2896280.93   | 0.07%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                      | Long Island Power Authority, Electric System                                                                                                     | CUSIP: 542691LD0<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | STIV             | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.05%             | 2055-09-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | California Infrastructure and Economic Development Bank, Colburn School (The)                                                                    | CUSIP: 13034AV64<br>LEI: 549300C1OG9RDIM8ET06 | Long             | STIV             | MUN               | US        |  28500000 | PA      | $28325733.90  | 0.64%             | 2072-08-01      | Floating      | 3.63%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Stadium Improvement, Limited Tax, Series 2018A                                                                                  | CUSIP: 180848WX7<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    135000 | PA      | $144121.50    | 0.00%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth Transportation Board                                       | Virginia Commonwealth Transportation Board, Federal Transportation                                                                               | CUSIP: 92778UCD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1411877.03   | 0.03%             | 2028-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, Second Tier, Series B                                                                                             | CUSIP: 66285WWZ5<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   6260000 | PA      | $6309517.85   | 0.14%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Colorado                                                           | University of Colorado, Enterprise System, Series 2016B-1                                                                                        | CUSIP: 91417KT68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $293415.53    | 0.01%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Turnpike & Infrastructure Commission                                        | Ohio Turnpike and Infrastructure Commission, Series 1998A                                                                                        | CUSIP: 67760HCH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2825000 | PA      | $2862771.10   | 0.07%             | 2026-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2019A                                                                                                          | CUSIP: 45506DV77<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20715.52     | 0.00%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Township of Edison NJ                                                            | Township of Edison, Water Utility, Series 2024B                                                                                                  | CUSIP: 281047M80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12200000 | PA      | $12228741.98  | 0.28%             | 2025-11-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | Washington Metropolitan Area Transit Authority Dedicated, Series 2021A                                                                           | CUSIP: 93878YAZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30683.81     | 0.00%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series B                                                                                                                   | CUSIP: 469487MT6<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |    195000 | PA      | $195368.00    | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Rush University Medical Center Obligated Group, Series 2015A                                                         | CUSIP: 45203HN73<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    185000 | PA      | $185186.92    | 0.00%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, State Clean Water Initiative, Series 2019                                                                            | CUSIP: 45204EW38<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    205000 | PA      | $209388.37    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston Independent School District                                              | Houston Independent School District, Limited Tax, Series 2025B                                                                                   | CUSIP: 442403RE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6750000 | PA      | $7005246.53   | 0.16%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Infrastructure Improvement, Series 2017B                                                                                          | CUSIP: 677522UY8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                        | Harris County Cultural Education Facilities Finance Corp., Memorial Hermann Health System, Series 2020C-3                                        | CUSIP: 414009PP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3050000 | PA      | $3136221.06   | 0.07%             | 2032-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St. Paul Metropolitan Airports Commission                            | Minneapolis-St. Paul Metropolitan Airports Commission, Series A                                                                                  | CUSIP: 603827WZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25216.83     | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California, Various Purpose                                                                                                             | CUSIP: 13063DFV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1780000 | PA      | $1783940.74   | 0.04%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Housing & Redevelopment Authority of The City of St Paul Minnesota               | Housing And Redevelopment Authority of The City of St. Paul Minnesota, Healtheast care System, Series 2015A                                      | CUSIP: 792888KM0<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1105504.07   | 0.03%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | Metropolitan Washington Airports Authority Aviation, Series 2021A                                                                                | CUSIP: 592647JX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1441716.48   | 0.03%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Edward Elmhurst Healthcare, Series 2017A                                                                             | CUSIP: 45204ERD2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20662.43     | 0.00%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | Central Florida Expressway Authority, Senior Lien, Series 2016B                                                                                  | CUSIP: 153476BG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $545316.57    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Pima AZ Sewer System Revenue                                           | County of Pima Sewer System                                                                                                                      | CUSIP: 721876TF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $153138.06    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Public Power District                                                   | Nebraska Public Power District, Series 2016A                                                                                                     | CUSIP: 63968AH40<br>LEI: 5493001J0BLQRMOJKP23 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35279.35     | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York and New Jersey, Consolidated, Series 246                                                                              | CUSIP: 73358XNF5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |  11500000 | PA      | $11757498.80  | 0.27%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Project 1, Series 2025A                                                                                                        | CUSIP: 29270C6W0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $3040085.08   | 0.07%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New Mexico                                                              | State of New Mexico, Series 2023                                                                                                                 | CUSIP: 647293SS9<br>LEI: 549300H4YLM23QKOGK29 | Long             | DBT              | MUN               | US        |    395000 | PA      | $400200.77    | 0.01%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                        | Harris County Cultural Education Facilities Finance Corp., Memorial Hermann Health System, Series 2024C                                          | CUSIP: 414009SP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10717573.00  | 0.24%             | 2054-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2018C                                                                                                      | CUSIP: 57582RUW4<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    545000 | PA      | $545000.00    | 0.01%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Series 2018-1                                                                                                                     | CUSIP: 677581GT1<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25178.98     | 0.00%             | 2025-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | Municipal Electric Authority of Georgia, Plant Vogtle Units 3 and 4 Project, Series 2019A                                                        | CUSIP: 626207W42<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   3575000 | PA      | $3601123.24   | 0.08%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Albany NY                                                                | City of Albany                                                                                                                                   | CUSIP: 012429CE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  30000000 | PA      | $30235242.00  | 0.69%             | 2026-03-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Town of Oxford MA                                                                | Town of Oxford                                                                                                                                   | CUSIP: 691582HP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4025640.00   | 0.09%             | 2026-03-05      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Carroll GA                                                             | County of Carroll, Series 2021                                                                                                                   | CUSIP: 144753BA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $137436.08    | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Florida Water Management District                                          | South Florida Water Management District                                                                                                          | CUSIP: 83786PCJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $245477.43    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | Texas Water Development Board, State Revolving Fund, Series 2018                                                                                 | CUSIP: 882854D33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31446.36     | 0.00%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York and New Jersey, Consolidated                                                                                          | CUSIP: 73358WM35<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25132.40     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, School Facilities Construction, Series WW                                                             | CUSIP: 64577BKD5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50061.29     | 0.00%             | 2028-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Chattanooga TN Electric Revenue                                          | City of Chattanooga Electric                                                                                                                     | CUSIP: 162393GS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7835000 | PA      | $8449839.87   | 0.19%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | Michigan State Building Authority, Series 2020I                                                                                                  | CUSIP: 594615HF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $47969.66     | 0.00%             | 2028-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Various Purpose, Series 2020A                                                                                               | CUSIP: 93974EAD8<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25611.46     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                             | School District of Broward County, Florida Certificates of Participation, Series 2019B                                                           | CUSIP: 115065B86<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |     75000 | PA      | $81645.70     | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | Indianapolis Local Public Improvement Bond Bank, Series 2018B                                                                                    | CUSIP: 45528UYK1<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |     25000 | PA      | $27109.64     | 0.00%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                              | Geisinger Authority, Health System, Series 2020C                                                                                                 | CUSIP: 368497JY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2490000 | PA      | $2687081.01   | 0.06%             | 2043-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery OH                                                          | County of Montgomery, Dayton Children's Hospital, Series 2021                                                                                    | CUSIP: 613520NK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $311234.72    | 0.01%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | New Jersey Economic Development Authority, School Facilities Construction, Series 2024SSS                                                        | CUSIP: 64577XEU6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1670204.32   | 0.04%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | Oklahoma Turnpike Authority, Turnpike System, Second Senior, Series 2017D                                                                        | CUSIP: 679111YZ1<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |     70000 | PA      | $73968.10     | 0.00%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | Clark County School District, Limited Tax, Series 2015C                                                                                          | CUSIP: 181059TE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $337273.18    | 0.01%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin County Unified School District No. 290 Ottawa                           | Franklin County Unified School District No. 290 Ottawa, Series A                                                                                 | CUSIP: 352802GQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80000.00     | 0.00%             | 2039-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Full Faith and Credit Highway User Receipt, Series V                                                                              | CUSIP: 677522B78<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101786.72    | 0.00%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                             | Hillsborough County Industrial Development Authority, Baycare Health System, Series 2024E                                                        | CUSIP: 43233KAX2<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  20000000 | PA      | $20000000.00  | 0.45%             | 2054-11-15      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority                               | Southeastern Pennsylvania Transportation Authority, Series 2017                                                                                  | CUSIP: 842039CR8<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |    250000 | PA      | $253112.93    | 0.01%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | Health and Educational Facilities Authority of the State of Missouri, BJC Health System, Series 2021B                                            | CUSIP: 60637ATQ5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   7485000 | PA      | $7543068.63   | 0.17%             | 2051-05-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | Arizona Industrial Development Authority, Equitable School Revolving Fund LLC, Series 2024A                                                      | CUSIP: 04052FEN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2244429.39   | 0.05%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District Water System Revenue                        | North Texas Municipal Water District Water System, Series 2015                                                                                   | CUSIP: 662903PS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250000.00    | 0.01%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Hudson NY                                                                | City of Hudson                                                                                                                                   | CUSIP: 444060ET0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7560000 | PA      | $7628946.44   | 0.17%             | 2026-06-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Maine                                                                   | State of Maine, Series 2017B                                                                                                                     | CUSIP: 56052AZK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25498.64     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public School Authority                                                 | Virginia Public School Authority, Prince William County                                                                                          | CUSIP: 92817TGJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3185000 | PA      | $3254068.95   | 0.07%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority Future Tax Secured Fiscal Year 2021, Series 2021G-1                                                 | CUSIP: 64971XZR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37806.97     | 0.00%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority Future Tax Secured, Series C                                                                        | CUSIP: 64971WU24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40166.83     | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | City of Houston Airport System, Subordinate Lien, Series 2018B                                                                                   | CUSIP: 442349BE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26170.87     | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Series 2021A                                                                                                      | CUSIP: 57582RT30<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3303339.30   | 0.08%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | County of Clark, Series 2018                                                                                                                     | CUSIP: 180848YP2<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1575346.05   | 0.04%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth University                                                 | Virginia Commonwealth University, Series 2020A                                                                                                   | CUSIP: 92778RFJ1<br>LEI: 54930081U4ULRPR3MK80 | Long             | DBT              | MUN               | US        |     55000 | PA      | $56571.63     | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                                    | New York State Environmental Facilities Corp., State Revolving Funds, Master Financing Program, Series 2015D                                     | CUSIP: 64985HUG0<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50176.83     | 0.00%             | 2026-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin Water and Wastewater System, Series 2024                                                                                          | CUSIP: 052477XZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1619867.55   | 0.04%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Various Purpose, Series 2024A                                                                                               | CUSIP: 93974EF84<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1087172.69   | 0.02%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin Water and Wastewater System, Series 2015A                                                                                         | CUSIP: 052477C87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20095.96     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas Department of Transportation, Series 2018A                                                                                       | CUSIP: 485424SC0<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |    265000 | PA      | $265000.00    | 0.01%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut Special Tax, Series B                                                                                                       | CUSIP: 207758UT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90156.70     | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Rogers AR Sales & Use Tax Revenue                                        | City of Rogers Sales and Use Tax, Series 2022                                                                                                    | CUSIP: 775080GL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70254.22     | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, NCMC, Inc., Project, Series 2016                                                                           | CUSIP: 19648A5Z4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76238.99     | 0.00%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Akron Bath Copley Joint Township Hospital District                               | Akron Bath Copley Joint Township Hospital District, Children's Hospital Medical Center of Akron, Series 2022A                                    | CUSIP: 009730QE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $495377.46    | 0.01%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Freeport NY                                                           | Village of Freeport, Series 2024E                                                                                                                | CUSIP: 356731EN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5015000 | PA      | $5029417.12   | 0.11%             | 2025-11-13      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Delaware County Authority                                                        | Delaware County Authority, Cabrini University                                                                                                    | CUSIP: 245913MJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1492782.00   | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | County of Miami-Dade, Aviation System, Series A                                                                                                  | CUSIP: 59333PS90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $169168.21    | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville                                                                                                                             | CUSIP: 469495DJ1<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |    165000 | PA      | $165318.60    | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin Water and Wastewater System, Series 2015A                                                                                         | CUSIP: 052477C95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $301387.74    | 0.01%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                                 | County of Lee, Airport, Series 2021A                                                                                                             | CUSIP: 523470GG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2125561.80   | 0.05%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Rowlett TX                                                               | City of Rowlett, Series 2019                                                                                                                     | CUSIP: 779699ED5<br>LEI: 549300XN25SMDVQJM820 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30338.23     | 0.00%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | City and County of Denver, Airport System, Series 2016A                                                                                          | CUSIP: 249182JX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80394.75     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Geary County Unified School District No. 475                                     | Geary County Unified School District No. 475, Series 2017A                                                                                       | CUSIP: 368347CW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20000.00     | 0.00%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Fairfax VA                                                             | County of Fairfax, Series 2020A                                                                                                                  | CUSIP: 30382AJH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175217.58    | 0.00%             | 2025-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix AZ                                                               | City of Phoenix, Series 2016                                                                                                                     | CUSIP: 718814Q82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $278755.90    | 0.01%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2025, Series 2025-J, Subseries J-1                    | CUSIP: 64972JTX6<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   9170000 | PA      | $9905424.83   | 0.23%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 112, Series B                                                                       | CUSIP: 49151FNM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $97781.54     | 0.00%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Infrastructure Improvement, Series 2025A                                                                                          | CUSIP: 677523KL5<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8325848.25   | 0.19%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2025, Series 2025-J, Subseries J-1                    | CUSIP: 64972JTW8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2191383.22   | 0.05%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2021A                                                                                                               | CUSIP: 469487SF0<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150303.41    | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | San Diego County Regional Airport Authority, Senior Private Activity                                                                             | CUSIP: 79739GSL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3150000 | PA      | $3394791.54   | 0.08%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Canadian County Independent School District No. 69 Mustang                       | Canadian County Independent School District No. 69 Mustang, Series 2023                                                                          | CUSIP: 135591HS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3530000 | PA      | $3607257.93   | 0.08%             | 2027-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | Philadelphia Authority for Industrial Development, Series 2019                                                                                   | CUSIP: 71781QFB9<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    305000 | PA      | $319846.33    | 0.01%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | Arizona Industrial Development Authority, Equitable School Revolving Fund LLC, Series 2022A                                                      | CUSIP: 04052FCY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4005860.00   | 0.09%             | 2027-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Delaware                                                           | University of Delaware, Series 2013C                                                                                                             | CUSIP: 91425MDV6<br>LEI: KPIOJCFMR70NWLS6O145 | Long             | STIV             | MUN               | US        |  12515000 | PA      | $12515000.00  | 0.28%             | 2037-11-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2025, Series 2025F, Subseries F-1                     | CUSIP: 64972JPX0<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2903166.76   | 0.07%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipality of Anchorage AK                                                     | Municipality of Anchorage, Series B                                                                                                              | CUSIP: 0331612X7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90000.00     | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Platte River Power Authority                                                     | Platte River Power Authority, Series JJ                                                                                                          | CUSIP: 727818HR0<br>LEI: 549300UBIE8RGXXJ1090 | Long             | DBT              | MUN               | US        |     65000 | PA      | $65818.45     | 0.00%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | Ohio Water Development Authority Water Pollution Control Loan Fund, Series 2020B                                                                 | CUSIP: 67766WZX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $33193.70     | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Public Facilities Corp.                                              | San Antonio Public Facilities Corp., Convention Center Facility Project, Series 2022                                                             | CUSIP: 796334BE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53373.10     | 0.00%             | 2028-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | San Diego County Regional Airport Authority, Senior Private Activity                                                                             | CUSIP: 79739GSM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2399580.70   | 0.05%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut Special Tax, Series A                                                                                                       | CUSIP: 207758VR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102454.19    | 0.00%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | District of Columbia Income Tax, Series 2019C                                                                                                    | CUSIP: 25477GPV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350653.28    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Edward Elmhurst Healthcare, Series 2017A                                                                             | CUSIP: 45204ERL4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    275000 | PA      | $284108.47    | 0.01%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Columbia University, Series B                                                                                | CUSIP: 64990BZY2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20039.21     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | Washington Health Care Facilities Authority, Providence Health and Services, Series 2012A                                                        | CUSIP: 93978HFN0<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25027.93     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | Health and Educational Facilities Authority of the State of Missouri, Mercy Health, Series 2018A                                                 | CUSIP: 60637AMZ2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26003.17     | 0.00%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Independent School District No. 709                                       | Duluth Independent School District No. 709, Series 2016A                                                                                         | CUSIP: 264474HB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2765493.23   | 0.06%             | 2028-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Gas Supply, Series 2022D-2                                                                                       | CUSIP: 09182NCC2<br>LEI: 549300I8V0Z68JQCB679 | Long             | STIV             | MUN               | US        |  25575000 | PA      | $25800724.95  | 0.59%             | 2052-07-01      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | Territory of Guam, Series 2025G                                                                                                                  | CUSIP: 40065NCU9<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    500000 | PA      | $522149.20    | 0.01%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Commissioner of Highways                                           | West Virginia Commissioner of Highways, Series 2017A                                                                                             | CUSIP: 95649ACN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $188259.32    | 0.00%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series E                                                                                                                   | CUSIP: 20772J3X8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2211067.74   | 0.05%             | 2028-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King WA Sewer Revenue                                                  | County of King Sewer, Series 2018B                                                                                                               | CUSIP: 495290AR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $357436.38    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Project 1, Series 2024B                                                                                                        | CUSIP: 29270C6B6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3678264.00   | 0.08%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                   | Washington Metropolitan Area Transit Authority, Series 2017B                                                                                     | CUSIP: 938782FH7<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31353.96     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Rapids MI Sanitary Sewer System Revenue                            | City of Grand Rapids Sanitary Sewer System, Series 2010                                                                                          | CUSIP: 386289FX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20169.84     | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Turnpike Authority                                                      | Kentucky Turnpike Authority, Revitalization Projects, Series B                                                                                   | CUSIP: 491552Q81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $210687.89    | 0.00%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alabama Public School and College Authority                                      | Alabama Public School and College Authority, Capital improvement, Series 2014B                                                                   | CUSIP: 010609AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $311063.18    | 0.01%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2016A                                                                                                               | CUSIP: 20772JV66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25341.85     | 0.00%             | 2026-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV Passenger Facility Charge Revenue                             | County of Clark Passenger Facility Charge, Series 2022B                                                                                          | CUSIP: 181006HV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $142974.55    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Flood Control District                                             | Harris County Flood Control District, Series 2015A                                                                                               | CUSIP: 4140186G1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $480905.86    | 0.01%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                          | City of Philadelphia, Series 2021A                                                                                                               | CUSIP: 717813YP8<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |     90000 | PA      | $96083.65     | 0.00%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                            | Tennessee State School Bond Authority, Higher Educational Facilities Second Program, Series 2015B                                                | CUSIP: 880558HK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30120.32     | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Expressway Authority                                           | Miami-Dade County Expressway Authority, Toll System, Series 2014A                                                                                | CUSIP: 59334KJE9<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |    375000 | PA      | $375602.74    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2022D                                                                                                               | CUSIP: 20772KRU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $279192.80    | 0.01%             | 2030-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | Maryland Health and Higher Educational Facilities Authority, University of Maryland Medical System, Series 2025C-2                               | CUSIP: 57421CHX5<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  19550000 | PA      | $19550000.00  | 0.44%             | 2055-07-01      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas Department of Transportation, Series 2015B                                                                                       | CUSIP: 485424QG3<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70000.00     | 0.00%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | Central Puget Sound Regional Transit Authority, Sales and Use Tax, Series 2015S-1                                                                | CUSIP: 15504RGB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $622711.57    | 0.01%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2020B                                                                                            | CUSIP: 2350365V8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $80997.41     | 0.00%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Convention Center/Orlando                                          | Orange County Convention Center, Series 2017                                                                                                     | CUSIP: 684545A97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37708.74     | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston, Series 2016A                                                                                                                    | CUSIP: 442331K60<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101317.05    | 0.00%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Public Finance Authority, Series A                                                                                               | CUSIP: 882723VP1<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50100.46     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                           | Lewisville Independent School District, Unlimited Tax                                                                                            | CUSIP: 52882PHB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2665420.94   | 0.06%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | City of Baltimore, Consolidated Public Improvement, Series 2017B                                                                                 | CUSIP: 059189VL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40114.10     | 0.00%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South San Francisco Unified School District                                      | South San Francisco Unified School District, Measure J, Dedicated Unlimited Ad Valorem Property Tax, Series 2016C                                | CUSIP: 840058UF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $660000.00    | 0.02%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Orlando FL                                                               | City of Orlando, Series 2016B                                                                                                                    | CUSIP: 68641HLE2<br>LEI: G8GZFWRIKS3AFD6AWU52 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25048.31     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                  | California County Tobacco Securitization Agency, Gold Country Settlement Funding Corp., Series 2020A                                             | CUSIP: 13016NHH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1105488.46   | 0.03%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, CommonSpirit Health, Series 2019B-2                                                                        | CUSIP: 19648FJJ4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1203555.96   | 0.03%             | 2049-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, CWA Authority Project, First Lien, Series 2022A                                                                       | CUSIP: 45505MLZ7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26360.00     | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nueces River Authority                                                           | Nueces River Authority, Series 2015                                                                                                              | CUSIP: 670500EZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20035.15     | 0.00%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority Future Tax Secured, Series B1                                                                       | CUSIP: 64971WXE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3325000 | PA      | $3336554.71   | 0.08%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                     | Orlando Utilities Commission, Series 2020A                                                                                                       | CUSIP: 686507JN5<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |     60000 | PA      | $61685.96     | 0.00%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                          | City of Philadelphia, Series 2025C                                                                                                               | CUSIP: 717813C23<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   3060000 | PA      | $3206777.49   | 0.07%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | State of Maryland, Series 2016                                                                                                                   | CUSIP: 574193MW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25020.21     | 0.00%             | 2028-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tampa Bay Water                                                                  | Tampa Bay Water, Regional Water Supply Authority, Utility System, Series 2016C                                                                   | CUSIP: 875124GZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75148.62     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Okaloosa County School Board                                                     | Okaloosa County School Board, Series 2022A                                                                                                       | CUSIP: 678233CR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $68293.64     | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                           | City of San Antonio, Combination Tax                                                                                                             | CUSIP: 79623PRQ0<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061281.00   | 0.02%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Richmond County Board of Education                                               | Richmond County Board of Education, Sales Tax                                                                                                    | CUSIP: 764581KM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $551117.05    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | Port of Seattle, Intermediate Lien, Series 2016                                                                                                  | CUSIP: 735389YE2<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |    130000 | PA      | $131372.62    | 0.00%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | Commonwealth Financing Authority, Tobacco Master Settlement Payment                                                                              | CUSIP: 20282EAH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1408281.80   | 0.03%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Capital Facilities Finance Agency                                 | North Carolina Capital Facilities Finance Agency, Duke University Project, Series 2015B                                                          | CUSIP: 65819GKX5<br>LEI: 549300PWNPSB7G58A235 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5009847.00   | 0.11%             | 2055-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Socorro Independent School District                                              | Socorro Independent School District, Unlimited Tax, Series B                                                                                     | CUSIP: 833715DG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1089186.15   | 0.02%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                             | School District of Broward County, Florida Certificates of Participation, Series 2019A                                                           | CUSIP: 115065B78<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |    130000 | PA      | $141519.21    | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2020A                                                                                            | CUSIP: 2350365B2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30899.23     | 0.00%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2018B                                                                                                                  | CUSIP: 4521522Y6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    225000 | PA      | $230648.27    | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                            | School District of Philadelphia (The), Series F                                                                                                  | CUSIP: 717883TE2<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30589.68     | 0.00%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Highland Falls NY                                                     | Village of Highland Falls                                                                                                                        | CUSIP: 430074HV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5600000 | PA      | $5605454.96   | 0.13%             | 2025-09-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | South Carolina Jobs-Economic Development Authority, Enerra South Carolina Project, Series 2024                                                   | CUSIP: 83704DAP1<br>LEI: 5493006X47I9VG3DL112 | Long             | STIV             | MUN               | US        |   4000000 | PA      | $4009188.40   | 0.09%             | 2027-12-15      | Variable      | 3.70%                 | Yes           |                  2 | On Loan: No      |
| Indiana Health Facility Financing Authority                                      | Indiana Health Facility Financing Authority, Ascension Health Credit Group, Series 2005A-7                                                       | CUSIP: 454798UP2<br>LEI: 549300P2SI60HN6M7V39 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30035.44     | 0.00%             | 2025-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | California Municipal Finance Authority, Waste Management, Inc., Project, Series 2017A                                                            | CUSIP: 13048RAF4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | STIV             | MUN               | US        |   1500000 | PA      | $1500435.75   | 0.03%             | 2044-12-01      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Children's Hospital Obligated Group, Series 2015                                                                           | CUSIP: 254764JR5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    230000 | PA      | $231820.63    | 0.01%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Series 2016C                                                                                                          | CUSIP: 45470RCT1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    235000 | PA      | $236401.45    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | County of Harris, Series 2015A                                                                                                                   | CUSIP: 414005UH9<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |     80000 | PA      | $80167.37     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Allen OH Hospital Facilities Revenue                                   | County of Allen Hospital Facilities, Series 2017A                                                                                                | CUSIP: 01757LFS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $853536.70    | 0.02%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                 | California Pollution Control Financing Authority, Solid Waste Disposal, Republic Services, Inc., Project                                         | CUSIP: 130536RN7<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   6500000 | PA      | $6499661.35   | 0.15%             | 2043-07-01      | Variable      | 3.80%                 | Yes           |                  2 | On Loan: No      |
| School Board of Miami-Dade County (The)                                          | School Board of Miami-Dade County (The), Florida Certificates of Participation, Series 2015D                                                     | CUSIP: 59333MT70<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2422050.00   | 0.06%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | Metropolitan Transportation Authority Dedicated Tax Fund, Series B-2                                                                             | CUSIP: 59259N6Y4<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50268.13     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tuscaloosa City Board of Education                                               | Tuscaloosa City Board of Education                                                                                                               | CUSIP: 90059RAS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56270.42     | 0.00%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                           | Lewisville Independent School District, Unlimited Tax, Series 2016A                                                                              | CUSIP: 5288287J9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100102.80    | 0.00%             | 2027-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Lee FL                                                                 | County of Lee, Series 2015                                                                                                                       | CUSIP: 52349AAS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $85171.23     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Electric System Revenue                                                      | JEA Electric System, Series 2020A                                                                                                                | CUSIP: 46613SQR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $155866.45    | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Randolph Central School District                                                 | Randolph Central School District                                                                                                                 | CUSIP: 752691FV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12500000 | PA      | $12630583.75  | 0.29%             | 2026-06-26      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2016A                                                                                                                   | CUSIP: 3733844B9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25286.18     | 0.00%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Garfield Pitkin & Eagle Counties School District No. Re-1 Roaring Fork           | Garfield Pitkin and Eagle Counties School District No. Re-1 Roaring Fork                                                                         | CUSIP: 365892MK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75533.70     | 0.00%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pasadena Independent School District                                             | Pasadena Independent School District, Series 2023B                                                                                               | CUSIP: 702334HQ9<br>LEI: 549300QY114RR4MXVU24 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1608612.17   | 0.04%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                     | City and County of Honolulu, Rail Transit Project, Series 2020B                                                                                  | CUSIP: 438687LZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25321.79     | 0.00%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transit Authority of Harris County Sales & Use Tax Revenue          | Metropolitan Transit Authority of Harris County Sales and Use Tax                                                                                | CUSIP: 41422EJA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1075916.20   | 0.02%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2023, Series 2023, Subseries E-1                                   | CUSIP: 64971X4Q8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21603.98     | 0.00%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | City of Atlanta Water and Wastewater, Series 2004                                                                                                | CUSIP: 047870EX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20114.28     | 0.00%             | 2025-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Health Educational and Housing Facility Board of the City of Memphis/the         | Health Educational and Housing Facility Board of the City of Memphis (The), Arbors Hickory Ridge Project, Series 2012                            | CUSIP: 586169EQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1725857.55   | 0.04%             | 2049-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Illinois Municipal Electric Agency                                               | Illinois Municipal Electric Agency, Power Supply System, Series 2015A                                                                            | CUSIP: 452024HU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $355164.90    | 0.01%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | City of Houston, Airport System, Subordinate Lien, Series 2023B                                                                                  | CUSIP: 442349HA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $37486.07     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glendale Unified School District                                                 | Glendale Unified School District, Series 2015B                                                                                                   | CUSIP: 378460WE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $302311.95    | 0.01%             | 2033-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, Public Finance Authority, Series 2017A                                                                                           | CUSIP: 882724AK3<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   2070000 | PA      | $2182226.91   | 0.05%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | Philadelphia Authority for Industrial Development, Series 2019                                                                                   | CUSIP: 71781QFD5<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    400000 | PA      | $435908.44    | 0.01%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio Electric and Gas Systems                                                                                                     | CUSIP: 7962535P3<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2042354.80   | 0.05%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Fort Bend TX                                                           | County of Fort Bend, Unlimited Tax, Series A                                                                                                     | CUSIP: 346766SY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45576.99     | 0.00%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | North Carolina Medical Care Commission, Caromont Health, Series 2021B                                                                            | CUSIP: 65820HN90<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   2670000 | PA      | $2695196.79   | 0.06%             | 2051-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Kansas City MO                                                           | City of Kansas City, Series 2018A                                                                                                                | CUSIP: 484873NA8<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |     50000 | PA      | $53112.50     | 0.00%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery TX                                                          | County of Montgomery, Series 2014A                                                                                                               | CUSIP: 613681U86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1412383.18   | 0.03%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Children's Hospital Obligated Group, Series 2015                                                                           | CUSIP: 254764JS3<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    265000 | PA      | $267219.03    | 0.01%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Milton NY                                                                | Town of Milton                                                                                                                                   | CUSIP: 602117AG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7042427.70   | 0.16%             | 2026-07-24      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hampton Roads Transportation Accountability Commission                           | Hampton Roads Transportation Accountability Commission, Transportation Fund, Senior Lien, Series 2021A                                           | CUSIP: 40934TAV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12990000 | PA      | $13267165.03  | 0.30%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Fairfax VA                                                             | County of Fairfax, Series 2015C                                                                                                                  | CUSIP: 30382AEB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $220448.62    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of DeKalb GA                                                              | County of DeKalb, Special Transportation, Parks and Greenspace and Libraries Tax                                                                 | CUSIP: 240451YF5<br>LEI: 54930077BXREPE6WKC96 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40254.20     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | Southern California Public Power Authority, Series 2015C                                                                                         | CUSIP: 842477TZ4<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   2410000 | PA      | $2413718.87   | 0.05%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2024, Series 2024E                                                                                                 | CUSIP: 64966SCX2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1395904.77   | 0.03%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Kansas City MO                                                           | City of Kansas City, Series 2017C                                                                                                                | CUSIP: 485106RW0<br>LEI: 549300EGAE3I3XU7XE19 | Long             | DBT              | MUN               | US        |     60000 | PA      | $62970.07     | 0.00%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Port Authority                                                          | Virginia Port Authority, Series 2016B                                                                                                            | CUSIP: 928077JN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2685000 | PA      | $2731143.07   | 0.06%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | Louisiana Public Facilities Authority, Elementus Minerals, LLC Project, Series 2023                                                              | CUSIP: 54640TAK5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |  14010000 | PA      | $14040718.33  | 0.32%             | 2043-10-01      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| City of Pittsfield MA                                                            | City of Pittsfield                                                                                                                               | CUSIP: 725464KW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4714249 | PA      | $4752359.46   | 0.11%             | 2026-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                                    | Alabama Federal Aid Highway Finance Authority, Series A                                                                                          | CUSIP: 010268BM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $257251.23    | 0.01%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Long Branch NJ                                                           | City of Long Branch, Series 2020A                                                                                                                | CUSIP: 542620PJ2<br>LEI: 5493009QMMV40TYVZU80 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30026.28     | 0.00%             | 2025-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas County Utility & Reclamation District                                     | Dallas County Utility and Reclamation District, Unlimited Tax, Series 2016                                                                       | CUSIP: 234839PL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $501885.00    | 0.01%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Fort Bend TX                                                           | County of Fort Bend, Series B                                                                                                                    | CUSIP: 346766TU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60763.34     | 0.00%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | City of Jacksonville, Series 2022A                                                                                                               | CUSIP: 469487TA0<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75151.70     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                     | West Virginia Economic Development Authority, Solid Waste Disposal Facilities, Appalachian Power Co. Amos Project, Series 2010A                  | CUSIP: 95648VBH1<br>LEI: 549300WW88TKKF5H1220 | Long             | STIV             | MUN               | US        |    100000 | PA      | $99199.33     | 0.00%             | 2038-12-01      | Variable      | 0.62%                 | No            |                  2 | On Loan: No      |
| Monroe Local School District                                                     | Monroe Local School District                                                                                                                     | CUSIP: 611237CY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3008241.90   | 0.07%             | 2025-12-04      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                        | Harris County Cultural Education Facilities Finance Corp., Texas Children's Hospital, Series 2019A                                               | CUSIP: 414009LQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250442.85    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2025B                                                                                                               | CUSIP: 20772KB81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6884579.00   | 0.16%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of New Hanover NC                                                         | County of New Hanover, New Hanover Regional Medical Center, Series 2017                                                                          | CUSIP: 644804EW2<br>LEI: 549300TDDH9O6TH23823 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100192.83    | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston, Series 2016A                                                                                                                    | CUSIP: 442331K86<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    595000 | PA      | $602366.58    | 0.01%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County Square Redevelopment Corp.                                                | County Square Redevelopment Corp., Greenville South Carolina Project                                                                             | CUSIP: 22259PBW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8700000 | PA      | $9669961.26   | 0.22%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | State of Mississippi, Series 2015A                                                                                                               | CUSIP: 605581EE3<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |    990000 | PA      | $992071.87    | 0.02%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL                                                                | County of Cook, Series 2021B                                                                                                                     | CUSIP: 213185MD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $122254.85    | 0.00%             | 2026-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | County of Miami-Dade, Aviation System, Series A                                                                                                  | CUSIP: 59333PS74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $320661.60    | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                           | Maine Health and Higher Educational Facilities Authority, Mainehealth, Series 2020A                                                              | CUSIP: 56042RXS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35691.23     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 112, Series B                                                                       | CUSIP: 49151FNJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125485.94    | 0.00%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Bucks PA                                                               | County of Bucks, Series 2017                                                                                                                     | CUSIP: 118565XV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40796.74     | 0.00%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Electric System Revenue                                                      | JEA Electric System, Series 2017B                                                                                                                | CUSIP: 46613SFW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $78792.29     | 0.00%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lake Mills Area School District                                                  | Lake Mills Area School District                                                                                                                  | CUSIP: 510201GC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1492266.65   | 0.03%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                             | School District of Broward County, Florida Certificates of Participation, Series C                                                               | CUSIP: 115065ZN7<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20400.91     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Kent WA                                                                  | City of Kent, Limited Tax, Series 2016                                                                                                           | CUSIP: 490746XY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35220.19     | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lakeland FL Department of Electric Utilities                             | City of Lakeland, Department of Electric Utilities                                                                                               | CUSIP: 51166FDX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $314300.26    | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, CommonSpirit Health, Series 2019A-2                                                                        | CUSIP: 19648FKD5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5208742.00   | 0.12%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water and Power System, Series 2020A                                                                                   | CUSIP: 544532AT1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    800000 | PA      | $815600.16    | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | Michigan Finance Authority, Trinity Health Credit Group, Series 2017MI                                                                           | CUSIP: 59447TPK3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    195000 | PA      | $202968.66    | 0.00%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Asset Liability Commission                                              | Kentucky Asset Liability Commission, Federal Highway Trust Fund, Series 2023A                                                                    | CUSIP: 49118NFZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3805000 | PA      | $3805000.00   | 0.09%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Springs School District No. 11 Facilities Corp.                         | Colorado Springs School District No. 11 Facilities Corp.                                                                                         | CUSIP: 19662UAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $381962.28    | 0.01%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, Adventhealth Obligated Group, Series 2019B                                                                 | CUSIP: 19648FXC3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1665377.68   | 0.04%             | 2049-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** J.P. Morgan Exchange-Traded Fund Trust

**Signature:** Timothy J. Clemens

**Name of Signer:** Timothy J. Clemens

**Title:** Treasurer and Principal Financial Officer