# EDGAR Filing Document

**Accession Number:** 0001484018
**File Stem:** 0002000324-26-001127
**Filing Date:** 2026-3
**Character Count:** 79081
**Document Hash:** 1b7b6b9a930df94161917ad042cf1960
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-001127.hdr.sgml**: 20260326

**ACCESSION NUMBER**: 0002000324-26-001127

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260326

**DATE AS OF CHANGE**: 20260325

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Spinnaker ETF Series
- **CENTRAL INDEX KEY:** 0001484018

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22398
- **FILM NUMBER:** 26793923

**BUSINESS ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069
- **BUSINESS PHONE:** 252-972-9922

**MAIL ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Spinnaker ETF Trust
- **DATE OF NAME CHANGE:** 20100212

## Series and Classes Contracts Data

### Genter Capital Municipal Quality Intermediate ETF (Series ID: S000084933)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000249690 | Genter Capital Municipal Quality Intermediate ETF | GENM            |

## Nport-Ex

---

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| XTR_FUND | XTR_FNDDSC | XTR_TKR | XTR_DESC1 | XTR_DESC2 | OCC_ID | XTR_CUSIP | XTR_GROUP | XTR_GROUP1 | XTR_GROUP2 | XTR_CATGRY | XTR_CATDSC | XTR_SECTOR | XTR_SECTR1 | XTR_SECTR2 | XTR_CONTRY | XTR_CONDSC | XTR_STATE | XTR_STNAME | XTR_CURNCY | XTR_CURDSC | XTR_MATDAT | XTR_SUBUNT | XTR_SUBDSC | XTR_PRICE | XTR_PRISRC | SECTYPE | SECTYPE2 | RPT_ID | INCLUD_CAT | LEGAL1 | LEGAL2 | LEGAL3 | LEGAL4 | LEGAL5 | LEGAL6 | BAS_Q_DECS | BAS_M_DECS | LCL_P_DECS | LCL_Q_DECS | ISBASCURR | POS_INCOM | CLASS | QTYINDIC | FAS_LEVEL | PROCESS_DATE | SECTOR | FUNDCURR | BASECURR | POS_QTY | POS_ORGCST | POS_AMORT | POS_MKTVAL | RND_MKTVAL | POS_GL | RNDPOS_GL | POS_YIELD | YIELDTOCALL | POS_YTM | POS_YTM_NA | POS_PC_PRT | POS_PC_AST | POS_PC_NAS | POS_ORGFAC | FAS_TODAY_ONLY | LEI | PRICE_ID | PRICINGMETHOD |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 76543FAA | RICHMOND REDEV HSG-F | N 05/01/2040 4.5000 |  | 76543FAA8 |  | UNGROUPED SECURITIES |  | ABS | ASSET BACKED SECS |  |  |  | USA | UNITED STATES | VA | VIRGINIA | USD | US DOLLAR | 5/1/2040 |  |  | 107.08 |  |  |  |  |  | RICHMOND REDEV HSG-F | N 05/01/2040 4.5000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1780.45 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 39565.59 | 39971.14 | 39941.03 | 42367.85 | 42367.85 | 2426.82 | 2426.82 | 4.20 | False | 3.85 |  | 0.22 | 0.21 | 0.22 | 0.00 |  |  | 76543FAA<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | FIGXX | Fidelity Investments | Money Market Funds |  | 316175108 | 1078 | Money Market Fund |  | MONEYMKT | MONEY MARKET |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/31/2026 |  |  | 100.00 |  |  |  |  |  | Fidelity Investments | Money Market Funds |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 18879.62 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 529199.15 | 529199.15 | 529199.15 | 529199.15 | 529199.15 | 0.00 | 0.00 | 3.57 | False | 3.56 |  | 2.69 | 2.67 | 2.70 | 0.00 |  |  | FIGXX<br> N | AC |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 01179R6F | AK MUNI BOND BANK-TW | O 12/01/2027 5.0000 |  | 01179R6F5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AK | ALASKA | USD | US DOLLAR | 12/1/2027 |  |  | 103.75 |  |  |  |  |  | AK MUNI BOND BANK-TW | O 12/01/2027 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8750.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 175000.00 | 181753.25 | 179675.48 | 181567.38 | 181567.38 | 1891.90 | 1891.90 | 4.82 | False | 2.88 |  | 0.92 | 0.91 | 0.93 | 0.00 |  |  | 01179R6F<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 010684BQ | ALACHUA CO HLTH-B-3 | 10/01/2030 3.62500% |  | 010684BQ0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 10/1/2030 |  |  | 100.24 |  |  |  |  |  | ALACHUA CO HLTH-B-3 | 10/01/2030 3.62500% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10875.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 300000.00 | 300000.00 | 300000.00 | 300705.27 | 300705.27 | 705.27 | 705.27 | 3.62 | True | 3.26 |  | 1.53 | 1.51 | 1.53 | 0.00 |  |  | 010684BQ<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 041806MH | ARLINGTON HGR EDU-A | 12/01/2026 4.00000% |  | 041806MH0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 12/1/2026 |  |  | 100.98 |  |  |  |  |  | ARLINGTON HGR EDU-A | 12/01/2026 4.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 800.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 20000.00 | 20047.20 | 20015.34 | 20195.91 | 20195.91 | 180.57 | 180.57 | 3.96 | False | 2.80 |  | 0.10 | 0.10 | 0.10 | 0.00 |  |  | 041806MH<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 0418066Z | ARLINGTON HIER ED-RI | V 08/15/2026 5.0000 |  | 0418066Z8 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 8/15/2026 |  |  | 101.28 |  |  |  |  |  | ARLINGTON HIER ED-RI | V 08/15/2026 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8750.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 175000.00 | 177969.75 | 176216.73 | 177235.96 | 177235.96 | 1019.23 | 1019.23 | 4.94 | False | 2.61 |  | 0.90 | 0.89 | 0.90 | 0.00 |  |  | 0418066Z<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 05217TAZ | AUSTIN AFFORDABLE PF | C 11/01/2059 2.9500 |  | 05217TAZ7 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 11/1/2059 |  |  | 100.16 |  |  |  |  |  | AUSTIN AFFORDABLE PF | C 11/01/2059 2.9500 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8850.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 300000.00 | 300000.00 | 300000.00 | 300487.56 | 300487.56 | 487.56 | 487.56 | 2.95 | True | 2.89 |  | 1.53 | 1.51 | 1.53 | 0.00 |  |  | 05217TAZ<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 052398JE | AUSTIN-REV-REF-AMT | 11/15/2032 5.00000% |  | 052398JE5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 11/15/2032 |  |  | 110.99 |  |  |  |  |  | AUSTIN-REV-REF-AMT | 11/15/2032 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 200000.00 | 219908.00 | 219307.85 | 221981.36 | 221981.36 | 2673.51 | 2673.51 | 4.50 | False | 3.19 |  | 1.13 | 1.12 | 1.13 | 0.00 |  |  | 052398JE<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 04052VAF | AZ INDL DEV AUTH - A | 06/01/2030 5.00000% |  | 04052VAF7 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AZ | ARIZONA | USD | US DOLLAR | 6/1/2030 |  |  | 105.81 |  |  |  |  |  | AZ INDL DEV AUTH - A | 06/01/2030 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 40000.00 | 42591.20 | 41929.64 | 42325.04 | 42325.04 | 395.40 | 395.40 | 4.73 | True | 3.15 |  | 0.22 | 0.21 | 0.22 | 0.00 |  |  | 04052VAF<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 083389GH | BENTON WASHINGTON WT | R 10/01/2034 4.0000 |  | 083389GH3 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AR | ARKANSAS | USD | US DOLLAR | 10/1/2034 |  |  | 102.52 |  |  |  |  |  | BENTON WASHINGTON WT | R 10/01/2034 4.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1600.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 40000.00 | 40894.40 | 40786.54 | 41008.70 | 41008.70 | 222.16 | 222.16 | 3.90 | True | 3.26 |  | 0.21 | 0.21 | 0.21 | 0.00 |  |  | 083389GH<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 09182TAF | BLACK BELT ENERGY GA | S 10/01/2052 4.0000 |  | 09182TAF4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AL | ALABAMA | USD | US DOLLAR | 10/1/2052 |  |  | 101.05 |  |  |  |  |  | BLACK BELT ENERGY GA | S 10/01/2052 4.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6200.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 155000.00 | 155467.45 | 155750.52 | 156632.80 | 156632.80 | 882.28 | 882.28 | 3.96 | True | 3.51 |  | 0.80 | 0.79 | 0.80 | 0.00 |  |  | 09182TAF<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 09182TAM | BLACK BELT ENERGY GA | S 10/01/2052 4.0000 |  | 09182TAM9 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AL | ALABAMA | USD | US DOLLAR | 10/1/2052 |  |  | 101.06 |  |  |  |  |  | BLACK BELT ENERGY GA | S 10/01/2052 4.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 15000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 375000.00 | 380340.00 | 379247.42 | 378960.00 | 378960.00 | -287.42 | -287.42 | 3.96 | True | 3.31 |  | 1.93 | 1.91 | 1.93 | 0.00 |  |  | 09182TAM<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 09182TGC | BLACK BELT GAS DT-E | 12/01/2055 5.00000% |  | 09182TGC5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AL | ALABAMA | USD | US DOLLAR | 12/1/2055 |  |  | 106.48 |  |  |  |  |  | BLACK BELT GAS DT-E | 12/01/2055 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 15000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 300000.00 | 323067.00 | 322734.66 | 319453.05 | 319453.05 | -3281.61 | -3281.61 | 4.70 | True | 4.15 |  | 1.63 | 1.61 | 1.63 | 0.00 |  |  | 09182TGC<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 104575CP | BRADLEY VLG | 12/15/2035 5.00000% |  | 104575CP8 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 12/15/2035 |  |  | 111.94 |  |  |  |  |  | BRADLEY VLG | 12/15/2035 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1750.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 35000.00 | 38103.30 | 37803.82 | 39177.77 | 39177.77 | 1373.95 | 1373.95 | 4.47 | True | 3.27 |  | 0.20 | 0.20 | 0.20 | 0.00 |  |  | 104575CP<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 11506KHK | BROWARD CO | 09/01/2032 5.00000% |  | 11506KHK0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 9/1/2032 |  |  | 111.23 |  |  |  |  |  | BROWARD CO | 09/01/2032 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 20000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 400000.00 | 442284.00 | 440849.87 | 444902.40 | 444902.40 | 4052.53 | 4052.53 | 4.50 | False | 3.10 |  | 2.26 | 2.24 | 2.27 | 0.00 |  |  | 11506KHK<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 13048RAS | CA MUNI FIN AUT-B-AM | T 09/01/2050 3.3750 |  | 13048RAS6 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 9/1/2050 |  |  | 98.80 |  |  |  |  |  | CA MUNI FIN AUT-B-AM | T 09/01/2050 3.3750 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6750.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 200000.00 | 200000.00 | 200000.00 | 197593.26 | 197593.26 | -2406.74 | -2406.74 | 3.42 | False | 3.45 |  | 1.01 | 1.00 | 1.01 | 0.00 |  |  | 13048RAS<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 13048RAF | CALIFORNIA ST-SER A | 12/01/2044 3.45000% |  | 13048RAF4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 12/1/2044 |  |  | 101.16 |  |  |  |  |  | CALIFORNIA ST-SER A | 12/01/2044 3.45000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 20700.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 600000.00 | 600000.00 | 600000.00 | 606974.10 | 606974.10 | 6974.10 | 6974.10 | 3.41 | False | 3.37 |  | 3.09 | 3.06 | 3.10 | 0.00 |  |  | 13048RAF<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 154871CU | CENTRL PLAINS ENERGY | 05/01/2053 5.00000% |  | 154871CU9 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | NE | NEBRASKA | USD | US DOLLAR | 5/1/2053 |  |  | 105.30 |  |  |  |  |  | CENTRL PLAINS ENERGY | 05/01/2053 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 200000.00 | 210088.50 | 208616.69 | 210596.18 | 210596.18 | 1979.49 | 1979.49 | 4.75 | True | 3.41 |  | 1.07 | 1.06 | 1.07 | 0.00 |  |  | 154871CU<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 158862CB | CHANDLER INDL DEV-2 | 09/01/2052 5.00000% |  | 158862CB6 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AZ | ARIZONA | USD | US DOLLAR | 9/1/2052 |  |  | 101.98 |  |  |  |  |  | CHANDLER INDL DEV-2 | 09/01/2052 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 9000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 180000.00 | 183404.50 | 182334.22 | 183560.13 | 183560.13 | 1225.91 | 1225.91 | 4.90 | True | 3.15 |  | 0.93 | 0.92 | 0.94 | 0.00 |  |  | 158862CB<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 1675937X | CHICAGO-A-REV | 01/01/2037 5.00000% |  | 1675937X4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/1/2037 |  |  | 111.36 |  |  |  |  |  | CHICAGO-A-REV | 01/01/2037 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 12500.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 250000.00 | 274342.50 | 273813.10 | 278397.70 | 278397.70 | 4584.60 | 4584.60 | 4.49 | True | 3.51 |  | 1.42 | 1.40 | 1.42 | 0.00 |  |  | 1675937X<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 167570TW | CHICAGO-REV | 10/01/2028 3.20000% |  | 167570TW0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 10/1/2028 |  |  | 100.90 |  |  |  |  |  | CHICAGO-REV | 10/01/2028 3.20000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 5440.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 170000.00 | 170000.00 | 170000.00 | 171522.95 | 171522.95 | 1522.95 | 1522.95 | 3.17 | True | 2.65 |  | 0.87 | 0.86 | 0.88 | 0.00 |  |  | 167570TW<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 199123CN | COLUMBUS HSG AUTH | 04/01/2028 5.00000% |  | 199123CN8 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | GA | GEORGIA | USD | US DOLLAR | 4/1/2028 |  |  | 102.52 |  |  |  |  |  | COLUMBUS HSG AUTH | 04/01/2028 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7500.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 150000.00 | 155565.00 | 153201.51 | 153780.92 | 153780.92 | 579.41 | 579.41 | 4.88 | True | 2.79 |  | 0.78 | 0.77 | 0.78 | 0.00 |  |  | 199123CN | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 21765KAS | COPPERLEAF MET DIST# | 4 12/01/2040 5.0000 |  | 21765KAS5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | CO | COLORADO | USD | US DOLLAR | 12/1/2040 |  |  | 107.66 |  |  |  |  |  | COPPERLEAF MET DIST# | 4 12/01/2040 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 5000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 100000.00 | 105632.00 | 105199.30 | 107663.83 | 107663.83 | 2464.53 | 2464.53 | 4.64 | True | 3.65 |  | 0.55 | 0.54 | 0.55 | 0.00 |  |  | 21765KAS<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 230589AB | CUMBERLAND CO IND-AM | T 12/01/2027 3.1250 |  | 230589AB9 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | NC | NORTH CAROLINA | USD | US DOLLAR | 12/1/2027 |  |  | 100.08 |  |  |  |  |  | CUMBERLAND CO IND-AM | T 12/01/2027 3.1250 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6250.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 200000.00 | 200000.00 | 200000.00 | 200157.52 | 200157.52 | 157.52 | 157.52 | 3.12 | True | 2.79 |  | 1.02 | 1.01 | 1.02 | 0.00 |  |  | 230589AB<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 64985SNR | DASNY-B-1 | 11/15/2030 3.05000% |  | 64985SNR0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 11/15/2030 |  |  | 100.04 |  |  |  |  |  | DASNY-B-1 | 11/15/2030 3.05000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7625.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 250000.00 | 250000.00 | 250000.00 | 250091.70 | 250091.70 | 91.70 | 91.70 | 3.05 | True | 2.93 |  | 1.27 | 1.26 | 1.28 | 0.00 |  |  | 64985SNR<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 249182LC | DENVER CITY & CO ARP | T 12/01/2029 5.0000 |  | 249182LC8 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | CO | COLORADO | USD | US DOLLAR | 12/1/2029 |  |  | 105.73 |  |  |  |  |  | DENVER CITY & CO ARP | T 12/01/2029 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 16250.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 325000.00 | 342816.50 | 342202.70 | 343637.48 | 343637.48 | 1434.78 | 1434.78 | 4.73 | True | 2.88 |  | 1.75 | 1.73 | 1.75 | 0.00 |  |  | 249182LC<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 34074HJA | FL HSG FIN CORP-A | 02/01/2044 3.00000% |  | 34074HJA1 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 2/1/2044 |  |  | 100.04 |  |  |  |  |  | FL HSG FIN CORP-A | 02/01/2044 3.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 15000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 500000.00 | 500000.00 | 500000.00 | 500183.35 | 500183.35 | 183.35 | 183.35 | 3.00 | True | 2.98 |  | 2.55 | 2.52 | 2.55 | 0.00 |  |  | 34074HJA<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 34074HHP | FL HSG FIN CORP-Q-2 | 11/01/2028 3.00000% |  | 34074HHP0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 11/1/2028 |  |  | 100.15 |  |  |  |  |  | FL HSG FIN CORP-Q-2 | 11/01/2028 3.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 9000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 300000.00 | 300000.00 | 300000.00 | 300445.62 | 300445.62 | 445.62 | 445.62 | 3.00 | True | 2.91 |  | 1.53 | 1.51 | 1.53 | 0.00 |  |  | 34074HHP<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 349507EH | FORT WORTH | 03/01/2035 5.00000% |  | 349507EH2 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 3/1/2035 |  |  | 113.94 |  |  |  |  |  | FORT WORTH | 03/01/2035 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 15000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 300000.00 | 324795.00 | 323518.97 | 341818.38 | 341818.38 | 18299.41 | 18299.41 | 4.39 | False | 3.22 |  | 1.74 | 1.72 | 1.74 | 0.00 |  |  | 349507EH<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 362460WE | GADSDEN-A-WARRANTS | 10/01/2039 5.00000% |  | 362460WE3 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AL | ALABAMA | USD | US DOLLAR | 10/1/2039 |  |  | 111.29 |  |  |  |  |  | GADSDEN-A-WARRANTS | 10/01/2039 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7500.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 150000.00 | 162433.50 | 162103.49 | 166938.03 | 166938.03 | 4834.54 | 4834.54 | 4.49 | True | 3.61 |  | 0.85 | 0.84 | 0.85 | 0.00 |  |  | 362460WE<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 386523JE | GRAND TRAVERSE HOSP | 07/01/2033 5.00000% |  | 386523JE5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | MI | MICHIGAN | USD | US DOLLAR | 7/1/2033 |  |  | 108.92 |  |  |  |  |  | GRAND TRAVERSE HOSP | 07/01/2033 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 9000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 180000.00 | 194985.65 | 193807.49 | 196064.64 | 196064.64 | 2257.15 | 2257.15 | 4.59 | True | 3.19 |  | 1.00 | 0.99 | 1.00 | 0.00 |  |  | 386523JE<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 39167GNQ | GREATER CLARK-B | 07/15/2028 5.00000% |  | 39167GNQ0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IN | INDIANA | USD | US DOLLAR | 7/15/2028 |  |  | 105.53 |  |  |  |  |  | GREATER CLARK-B | 07/15/2028 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 20000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 400000.00 | 423072.00 | 420697.28 | 422129.36 | 422129.36 | 1432.08 | 1432.08 | 4.74 | False | 2.66 |  | 2.15 | 2.13 | 2.15 | 0.00 |  |  | 39167GNQ<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 42605KAA | HENRICO CO ECO AUTH | 10/01/2045 3.20000% |  | 42605KAA4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | VA | VIRGINIA | USD | US DOLLAR | 10/1/2045 |  |  | 100.01 |  |  |  |  |  | HENRICO CO ECO AUTH | 10/01/2045 3.20000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 11200.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 350000.00 | 350000.00 | 350000.00 | 350039.59 | 350039.59 | 39.59 | 39.59 | 3.20 | True | 3.19 |  | 1.78 | 1.76 | 1.79 | 0.00 |  |  | 42605KAA<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 43232EDG | HILLSBOROUGH CO HSG | 12/01/2028 3.12500% |  | 43232EDG1 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 12/1/2028 |  |  | 100.58 |  |  |  |  |  | HILLSBOROUGH CO HSG | 12/01/2028 3.12500% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 5468.75 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 175000.00 | 175000.00 | 175000.00 | 176011.92 | 176011.92 | 1011.92 | 1011.92 | 3.11 | False | 2.91 |  | 0.90 | 0.89 | 0.90 | 0.00 |  |  | 43232EDG<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 438697BQ | HONOLULU CITY & CNTY | 06/01/2027 5.00000% |  | 438697BQ6 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | HI | HAWAII | USD | US DOLLAR | 6/1/2027 |  |  | 100.67 |  |  |  |  |  | HONOLULU CITY & CNTY | 06/01/2027 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3500.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 70000.00 | 71214.40 | 70740.58 | 70469.03 | 70469.03 | -271.55 | -271.55 | 4.97 | False | 4.47 |  | 0.36 | 0.36 | 0.36 | 0.00 |  |  | 438697BQ<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 439397AH | HOPE-REV | 06/01/2033 5.00000% |  | 439397AH3 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AR | ARKANSAS | USD | US DOLLAR | 6/1/2033 |  |  | 112.70 |  |  |  |  |  | HOPE-REV | 06/01/2033 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 9500.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 190000.00 | 204576.90 | 203191.54 | 214130.46 | 214130.46 | 10938.92 | 10938.92 | 4.44 | True | 2.80 |  | 1.09 | 1.08 | 1.09 | 0.00 |  |  | 439397AH<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 44044TRY | HORIZON REGL MUD | 02/01/2035 4.00000% |  | 44044TRY0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 2/1/2035 |  |  | 101.93 |  |  |  |  |  | HORIZON REGL MUD | 02/01/2035 4.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2800.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 70000.00 | 70953.90 | 70872.56 | 71352.04 | 71352.04 | 479.48 | 479.48 | 3.92 | True | 3.53 |  | 0.36 | 0.36 | 0.36 | 0.00 |  |  | 44044TRY<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 45203LFC | IL HSG DEV AUTH | 02/01/2029 3.15000% |  | 45203LFC2 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 2/1/2029 |  |  | 100.46 |  |  |  |  |  | IL HSG DEV AUTH | 02/01/2029 3.15000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 12600.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 400000.00 | 400000.00 | 400000.00 | 401824.12 | 401824.12 | 1824.12 | 1824.12 | 3.14 | True | 2.91 |  | 2.04 | 2.02 | 2.05 | 0.00 |  |  | 45203LFC<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 45204EYS | ILLINOIS FIN AUTH-RE | F 03/01/2026 5.0000 |  | 45204EYS1 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 3/1/2026 |  |  | 100.13 |  |  |  |  |  | ILLINOIS FIN AUTH-RE | F 03/01/2026 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 20000.00 | 20420.60 | 20022.01 | 20025.02 | 20025.02 | 3.01 | 3.01 | 4.99 | False | 3.47 |  | 0.10 | 0.10 | 0.10 | 0.00 |  |  | 45204EYS<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 45506CBV | IN HSG & CMNTY DEV-A | 03/01/2029 2.90000% |  | 45506CBV8 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IN | INDIANA | USD | US DOLLAR | 3/1/2029 |  |  | 100.23 |  |  |  |  |  | IN HSG & CMNTY DEV-A | 03/01/2029 2.90000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10150.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 350000.00 | 350000.00 | 350000.00 | 350804.79 | 350804.79 | 804.79 | 804.79 | 2.89 | True | 2.79 |  | 1.79 | 1.77 | 1.79 | 0.00 |  |  | 45506CBV<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 46263RWQ | IPS MULTI SCH BLDG | 07/15/2035 5.00000% |  | 46263RWQ4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IN | INDIANA | USD | US DOLLAR | 7/15/2035 |  |  | 114.19 |  |  |  |  |  | IPS MULTI SCH BLDG | 07/15/2035 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 200000.00 | 226164.00 | 225742.49 | 228379.70 | 228379.70 | 2637.21 | 2637.21 | 4.38 | True | 3.08 |  | 1.16 | 1.15 | 1.17 | 0.00 |  |  | 46263RWQ<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 476034TU | JENISON PUB SCHS-I | 05/01/2038 5.00000% |  | 476034TU7 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | MI | MICHIGAN | USD | US DOLLAR | 5/1/2038 |  |  | 110.30 |  |  |  |  |  | JENISON PUB SCHS-I | 05/01/2038 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1250.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 25000.00 | 27681.50 | 27433.47 | 27574.32 | 27574.32 | 140.85 | 140.85 | 4.53 | True | 3.55 |  | 0.14 | 0.14 | 0.14 | 0.00 |  |  | 476034TU<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 480639DC | JOPLIN INDL DEV-REF | 02/15/2039 5.00000% |  | 480639DC4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | MO | MISSOURI | USD | US DOLLAR | 2/15/2039 |  |  | 108.13 |  |  |  |  |  | JOPLIN INDL DEV-REF | 02/15/2039 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 60000.00 | 65186.50 | 64559.77 | 64875.69 | 64875.69 | 315.92 | 315.92 | 4.62 | True | 3.68 |  | 0.33 | 0.33 | 0.33 | 0.00 |  |  | 480639DC<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 48620AEG | KAUFMAN CO MUD #3-A | 03/01/2032 6.50000% |  | 48620AEG7 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 3/1/2032 |  |  | 114.81 |  |  |  |  |  | KAUFMAN CO MUD #3-A | 03/01/2032 6.50000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3250.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 50000.00 | 57616.00 | 56230.40 | 57405.96 | 57405.96 | 1175.56 | 1175.56 | 5.66 | True | 3.17 |  | 0.29 | 0.29 | 0.29 | 0.00 |  |  | 48620AEG<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 74440DFN | KY PUB ENERGY AUTH-A | 06/01/2055 5.25000% |  | 74440DFN9 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | KY | KENTUCKY | USD | US DOLLAR | 6/1/2055 |  |  | 106.34 |  |  |  |  |  | KY PUB ENERGY AUTH-A | 06/01/2055 5.25000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 28612.50 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 545000.00 | 580573.20 | 577083.60 | 579528.58 | 579528.58 | 2444.98 | 2444.98 | 4.94 | True | 3.44 |  | 2.95 | 2.92 | 2.96 | 0.00 |  |  | 74440DFN | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 54627CCE | LA HSG CORP | 10/01/2045 2.70000% |  | 54627CCE1 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | LA | LOUISIANA | USD | US DOLLAR | 10/1/2045 |  |  | 99.62 |  |  |  |  |  | LA HSG CORP | 10/01/2045 2.70000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10800.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 400000.00 | 400000.00 | 400000.00 | 398491.56 | 398491.56 | -1508.44 | -1508.44 | 2.71 | False | 2.72 |  | 2.03 | 2.01 | 2.03 | 0.00 |  |  | 54627CCE<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 54627CCF | LOUISIANA HSG CORP | 05/01/2043 3.10000% |  | 54627CCF8 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | LA | LOUISIANA | USD | US DOLLAR | 5/1/2043 |  |  | 100.09 |  |  |  |  |  | LOUISIANA HSG CORP | 05/01/2043 3.10000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 23250.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 750000.00 | 750000.00 | 750000.00 | 750699.23 | 750699.23 | 699.23 | 699.23 | 3.10 | True | 3.02 |  | 3.82 | 3.78 | 3.83 | 0.00 |  |  | 54627CCF<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 592647DB | MET WASHINGTON ARPT | 10/01/2035 4.00000% |  | 592647DB4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | DC | DISTRICT OF COLUMBIA | USD | US DOLLAR | 10/1/2035 |  |  | 100.09 |  |  |  |  |  | MET WASHINGTON ARPT | 10/01/2035 4.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 12000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 300000.00 | 299838.00 | 299858.46 | 300270.72 | 300270.72 | 412.26 | 412.26 | 4.00 | True | 3.86 |  | 1.53 | 1.51 | 1.53 | 0.00 |  |  | 592647DB<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 605128VW | MISSION TX-CTFS OBLI | G 02/15/2032 5.0000 |  | 605128VW4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 2/15/2032 |  |  | 111.01 |  |  |  |  |  | MISSION TX-CTFS OBLI | G 02/15/2032 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 5000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 100000.00 | 108057.00 | 107367.84 | 111008.47 | 111008.47 | 3640.63 | 3640.63 | 4.50 | False | 2.99 |  | 0.56 | 0.56 | 0.57 | 0.00 |  |  | 605128VW<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 60636SLM | MO DEV FIN BRD-A | 12/01/2029 5.00000% |  | 60636SLM4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | MO | MISSOURI | USD | US DOLLAR | 12/1/2029 |  |  | 107.58 |  |  |  |  |  | MO DEV FIN BRD-A | 12/01/2029 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8750.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 175000.00 | 184668.75 | 183181.74 | 188259.30 | 188259.30 | 5077.56 | 5077.56 | 4.65 | False | 2.90 |  | 0.96 | 0.95 | 0.96 | 0.00 |  |  | 60636SLM<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 610251FA | MONROE CUSD#4-A-REF | 01/01/2039 5.00000% |  | 610251FA3 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/1/2039 |  |  | 109.75 |  |  |  |  |  | MONROE CUSD#4-A-REF | 01/01/2039 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 25000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 500000.00 | 536540.00 | 535177.30 | 548751.55 | 548751.55 | 13574.25 | 13574.25 | 4.56 | True | 3.57 |  | 2.79 | 2.76 | 2.80 | 0.00 |  |  | 610251FA<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 628124AF | MUSKOGEE CO PUB AUTH | 12/01/2031 4.00000% |  | 628124AF6 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | OK | OKLAHOMA | USD | US DOLLAR | 12/1/2031 |  |  | 103.11 |  |  |  |  |  | MUSKOGEE CO PUB AUTH | 12/01/2031 4.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 200000.00 | 204984.00 | 204800.43 | 206222.08 | 206222.08 | 1421.65 | 1421.65 | 3.88 | True | 3.30 |  | 1.05 | 1.04 | 1.05 | 0.00 |  |  | 628124AF<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 645438AG | NEW HOPE HGR EDU - A | 08/15/2027 4.00000% |  | 645438AG7 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 8/15/2027 |  |  | 101.56 |  |  |  |  |  | NEW HOPE HGR EDU - A | 08/15/2027 4.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 600.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 15000.00 | 15119.70 | 15069.37 | 15233.31 | 15233.31 | 163.94 | 163.94 | 3.94 | False | 2.96 |  | 0.08 | 0.08 | 0.08 | 0.00 |  |  | 645438AG<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 647207BL | NM MUNI ENERGY ACQ A | U 06/01/2054 5.0000 |  | 647207BL2 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | NM | NEW MEXICO | USD | US DOLLAR | 6/1/2054 |  |  | 106.62 |  |  |  |  |  | NM MUNI ENERGY ACQ A | U 06/01/2054 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8750.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 175000.00 | 186930.50 | 185732.89 | 186585.82 | 186585.82 | 852.93 | 852.93 | 4.69 | True | 3.46 |  | 0.95 | 0.94 | 0.95 | 0.00 |  |  | 647207BL<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 66442RDE | NORTHEASTERN UNIV-CO | P 07/01/2031 5.0000 |  | 66442RDE4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 7/1/2031 |  |  | 108.58 |  |  |  |  |  | NORTHEASTERN UNIV-CO | P 07/01/2031 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 20000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 400000.00 | 430940.00 | 428571.91 | 434330.40 | 434330.40 | 5758.49 | 5758.49 | 4.60 | False | 3.26 |  | 2.21 | 2.19 | 2.22 | 0.00 |  |  | 66442RDE<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 70342PAN | PATRIOTS ENERGY GROU | P 10/01/2054 5.2500 |  | 70342PAN4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | SC | SOUTH CAROLINA | USD | US DOLLAR | 10/1/2054 |  |  | 108.52 |  |  |  |  |  | PATRIOTS ENERGY GROU | P 10/01/2054 5.2500 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1050.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 20000.00 | 21320.80 | 21287.39 | 21703.46 | 21703.46 | 416.07 | 416.07 | 4.84 | True | 3.47 |  | 0.11 | 0.11 | 0.11 | 0.00 |  |  | 70342PAN | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 70342PAR | PATRIOTS ENERGY GROU | P 02/01/2054 5.2500 |  | 70342PAR5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | SC | SOUTH CAROLINA | USD | US DOLLAR | 2/1/2054 |  |  | 108.31 |  |  |  |  |  | PATRIOTS ENERGY GROU | P 02/01/2054 5.2500 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 22837.50 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 435000.00 | 466236.00 | 463515.05 | 471132.58 | 471132.58 | 7617.53 | 7617.53 | 4.85 | True | 3.39 |  | 2.40 | 2.37 | 2.40 | 0.00 |  |  | 70342PAR<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 70556CAB | PEFA INC GAS PROJ | 09/01/2049 5.00000% |  | 70556CAB0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IA | IOWA | USD | US DOLLAR | 9/1/2049 |  |  | 101.19 |  |  |  |  |  | PEFA INC GAS PROJ | 09/01/2049 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 29250.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 585000.00 | 595164.35 | 591462.90 | 591959.51 | 591959.51 | 496.61 | 496.61 | 4.94 | True | 3.23 |  | 3.01 | 2.98 | 3.02 | 0.00 |  |  | 70556CAB<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 700385BG | PK CREEK MET DT-A-RE | V 12/01/2036 5.0000 |  | 700385BG1 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | CO | COLORADO | USD | US DOLLAR | 12/1/2036 |  |  | 109.73 |  |  |  |  |  | PK CREEK MET DT-A-RE | V 12/01/2036 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 40000.00 | 43726.80 | 43330.79 | 43890.42 | 43890.42 | 559.63 | 559.63 | 4.56 | True | 3.39 |  | 0.22 | 0.22 | 0.22 | 0.00 |  |  | 700385BG<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 735240Q5 | PORT OF PORTLAND-25B | 07/01/2038 5.00000% |  | 735240Q55 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | OR | OREGON | USD | US DOLLAR | 7/1/2038 |  |  | 103.21 |  |  |  |  |  | PORT OF PORTLAND-25B | 07/01/2038 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 120000.00 | 121544.55 | 121298.72 | 123848.17 | 123848.17 | 2549.45 | 2549.45 | 4.84 | True | 3.99 |  | 0.63 | 0.62 | 0.63 | 0.00 |  |  | 735240Q5<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 735389D5 | PORT OF SEATTLE-AMT- | A 05/01/2034 5.0000 |  | 735389D54 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 5/1/2034 |  |  | 102.19 |  |  |  |  |  | PORT OF SEATTLE-AMT- | A 05/01/2034 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7500.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 150000.00 | 153316.50 | 151996.70 | 153283.70 | 153283.70 | 1287.00 | 1287.00 | 4.89 | True | 3.20 |  | 0.78 | 0.77 | 0.78 | 0.00 |  |  | 735389D5<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 762223RF | RHODE ISLAND ST-C-RE | F 08/01/2026 5.0000 |  | 762223RF4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | RI | RHODE ISLAND | USD | US DOLLAR | 8/1/2026 |  |  | 101.10 |  |  |  |  |  | RHODE ISLAND ST-C-RE | F 08/01/2026 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10750.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 215000.00 | 218394.85 | 217273.45 | 217367.09 | 217367.09 | 93.64 | 93.64 | 4.95 | False | 2.78 |  | 1.11 | 1.10 | 1.11 | 0.00 |  |  | 762223RF<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 767142QX | RIO HONDO ISD | 02/15/2035 5.00000% |  | 767142QX3 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 2/15/2035 |  |  | 115.66 |  |  |  |  |  | RIO HONDO ISD | 02/15/2035 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 21250.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 425000.00 | 487955.25 | 486799.23 | 491573.28 | 491573.28 | 4774.05 | 4774.05 | 4.32 | False | 3.01 |  | 2.50 | 2.48 | 2.51 | 0.00 |  |  | 767142QX<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 84131TBA | S E ALABAMA ST GAS S | P 08/01/2054 5.0000 |  | 84131TBA9 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AL | ALABAMA | USD | US DOLLAR | 8/1/2054 |  |  | 106.87 |  |  |  |  |  | S E ALABAMA ST GAS S | P 08/01/2054 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7250.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 145000.00 | 153756.15 | 152972.34 | 154966.14 | 154966.14 | 1993.80 | 1993.80 | 4.68 | True | 3.73 |  | 0.79 | 0.78 | 0.79 | 0.00 |  |  | 84131TBA<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 841493DV | S E REGL MGMT DT | 04/01/2041 5.00000% |  | 841493DV8 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 4/1/2041 |  |  | 103.42 |  |  |  |  |  | S E REGL MGMT DT | 04/01/2041 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 15000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 300000.00 | 301206.00 | 301087.15 | 310265.73 | 310265.73 | 9178.58 | 9178.58 | 4.83 | True | 4.10 |  | 1.58 | 1.56 | 1.58 | 0.00 |  |  | 841493DV<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 79020FAW | SAINT JOHN THE BAPTI | S 06/01/2037 4.0500 |  | 79020FAW6 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | LA | LOUISIANA | USD | US DOLLAR | 6/1/2037 |  |  | 100.50 |  |  |  |  |  | SAINT JOHN THE BAPTI | S 06/01/2037 4.0500 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 13162.50 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 325000.00 | 327141.75 | 327103.34 | 326630.14 | 326630.14 | -473.21 | -473.21 | 4.03 | False | 3.99 |  | 1.66 | 1.65 | 1.67 | 0.00 |  |  | 79020FAW<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 793181KG | SAINT PETER ISD#508- | A 02/01/2039 5.0000 |  | 793181KG2 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | MN | MINNESOTA | USD | US DOLLAR | 2/1/2039 |  |  | 107.29 |  |  |  |  |  | SAINT PETER ISD#508- | A 02/01/2039 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 60000.00 | 64209.90 | 63849.77 | 64371.63 | 64371.63 | 521.86 | 521.86 | 4.66 | True | 3.40 |  | 0.33 | 0.32 | 0.33 | 0.00 |  |  | 793181KG<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 795576ML | SALT LAKE-A-AMT | 07/01/2032 5.00000% |  | 795576ML8 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | UT | UTAH | USD | US DOLLAR | 7/1/2032 |  |  | 110.78 |  |  |  |  |  | SALT LAKE-A-AMT | 07/01/2032 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7500.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 150000.00 | 161971.50 | 161149.93 | 166172.52 | 166172.52 | 5022.59 | 5022.59 | 4.51 | False | 3.13 |  | 0.85 | 0.84 | 0.85 | 0.00 |  |  | 795576ML<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 83712EHZ | SC HSG FIN & DEV AUT | H 11/01/2043 3.1500 |  | 83712EHZ0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | SC | SOUTH CAROLINA | USD | US DOLLAR | 11/1/2043 |  |  | 100.25 |  |  |  |  |  | SC HSG FIN & DEV AUT | H 11/01/2043 3.1500 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7875.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 250000.00 | 250000.00 | 250000.00 | 250619.83 | 250619.83 | 619.83 | 619.83 | 3.14 | True | 3.03 |  | 1.28 | 1.26 | 1.28 | 0.00 |  |  | 83712EHZ<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 8254345Y | SHREVEPORT | 03/01/2029 5.00000% |  | 8254345Y5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | LA | LOUISIANA | USD | US DOLLAR | 3/1/2029 |  |  | 106.96 |  |  |  |  |  | SHREVEPORT | 03/01/2029 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3750.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 75000.00 | 80132.25 | 78768.37 | 80223.32 | 80223.32 | 1454.95 | 1454.95 | 4.67 | False | 2.63 |  | 0.41 | 0.40 | 0.41 | 0.00 |  |  | 8254345Y<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 8254346V | SHREVEPORT | 03/01/2032 5.00000% |  | 8254346V0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | LA | LOUISIANA | USD | US DOLLAR | 3/1/2032 |  |  | 110.55 |  |  |  |  |  | SHREVEPORT | 03/01/2032 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6250.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 125000.00 | 133723.75 | 132906.45 | 138187.68 | 138187.68 | 5281.23 | 5281.23 | 4.52 | False | 3.08 |  | 0.70 | 0.70 | 0.71 | 0.00 |  |  | 8254346V<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 858151NA | STEEL VALLEY SCH DIS | T 11/01/2051 4.5000 |  | 858151NA7 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | PA | PENNSYLVANIA | USD | US DOLLAR | 11/1/2051 |  |  | 97.96 |  |  |  |  |  | STEEL VALLEY SCH DIS | T 11/01/2051 4.5000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 11250.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 250000.00 | 244387.50 | 244413.21 | 244889.13 | 244889.13 | 475.92 | 475.92 | 4.59 | False | 4.64 |  | 1.25 | 1.23 | 1.25 | 0.00 |  |  | 858151NA<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 88256PAG | TEXAS ST MUNI GAS AC | Q 01/01/2054 5.5000 |  | 88256PAG5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 1/1/2054 |  |  | 106.74 |  |  |  |  |  | TEXAS ST MUNI GAS AC | Q 01/01/2054 5.5000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 38500.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 700000.00 | 747159.00 | 746981.44 | 747192.39 | 747192.39 | 210.95 | 210.95 | 5.15 | True | 3.39 |  | 3.80 | 3.76 | 3.81 | 0.00 |  |  | 88256PAG<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 92823PSH | VIRIDIAN MUNI-REF | 12/01/2027 6.25000% |  | 92823PSH0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 12/1/2027 |  |  | 105.93 |  |  |  |  |  | VIRIDIAN MUNI-REF | 12/01/2027 6.25000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3125.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 50000.00 | 54630.50 | 52738.51 | 52966.21 | 52966.21 | 227.70 | 227.70 | 5.90 | False | 2.91 |  | 0.27 | 0.27 | 0.27 | 0.00 |  |  | 92823PSH<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 93978HZW | WA HLTH CARE FACS-B | 08/01/2055 5.00000% |  | 93978HZW8 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 8/1/2055 |  |  | 106.89 |  |  |  |  |  | WA HLTH CARE FACS-B | 08/01/2055 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 9750.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 195000.00 | 206650.30 | 205257.26 | 208427.35 | 208427.35 | 3170.09 | 3170.09 | 4.68 | True | 3.17 |  | 1.06 | 1.05 | 1.06 | 0.00 |  |  | 93978HZW<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 93978PPY | WA ST HSG FIN | 04/01/2044 2.70000% |  | 93978PPY7 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 4/1/2044 |  |  | 100.47 |  |  |  |  |  | WA ST HSG FIN | 04/01/2044 2.70000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 5400.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 200000.00 | 197684.00 | 197907.55 | 200945.74 | 200945.74 | 3038.19 | 3038.19 | 2.69 | True | 2.41 |  | 1.02 | 1.01 | 1.03 | 0.00 |  |  | 93978PPY<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 935031AG | WARREN CO-REF | 09/01/2032 4.00000% |  | 935031AG9 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | MS | MISSISSIPPI | USD | US DOLLAR | 9/1/2032 |  |  | 103.74 |  |  |  |  |  | WARREN CO-REF | 09/01/2032 4.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 150000.00 | 150000.00 | 150000.00 | 155602.59 | 155602.59 | 5602.59 | 5602.59 | 3.86 | False | 3.36 |  | 0.79 | 0.78 | 0.79 | 0.00 |  |  | 935031AG<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 941262AA | WATERBURY HSG AUTH | 07/01/2039 4.25000% |  | 941262AA5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | CT | CONNECTICUT | USD | US DOLLAR | 7/1/2039 |  |  | 104.76 |  |  |  |  |  | WATERBURY HSG AUTH | 07/01/2039 4.25000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2762.50 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 65000.00 | 65040.95 | 65040.61 | 68092.67 | 68092.67 | 3052.06 | 3052.06 | 4.06 | False | 3.79 |  | 0.35 | 0.34 | 0.35 | 0.00 |  |  | 941262AA<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 944514X9 | WAYNE CO ARPT AUTH-D | 12/01/2037 5.00000% |  | 944514X94 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | MI | MICHIGAN | USD | US DOLLAR | 12/1/2037 |  |  | 109.30 |  |  |  |  |  | WAYNE CO ARPT AUTH-D | 12/01/2037 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 30000.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 600000.00 | 659244.00 | 657896.73 | 655821.96 | 655821.96 | -2074.77 | -2074.77 | 4.57 | True | 3.85 |  | 3.34 | 3.30 | 3.35 | 0.00 |  |  | 944514X9<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 962468FG | WHATCOM CO PUD #1-A | 12/01/2030 5.00000% |  | 962468FG4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 12/1/2030 |  |  | 108.57 |  |  |  |  |  | WHATCOM CO PUD #1-A | 12/01/2030 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2500.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 50000.00 | 53452.00 | 52925.50 | 54286.05 | 54286.05 | 1360.55 | 1360.55 | 4.61 | False | 3.08 |  | 0.28 | 0.27 | 0.28 | 0.00 |  |  | 962468FG<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 03745TBF | WINDOW ROCK UNIF SD# | 8 07/01/2033 5.0000 |  | 03745TBF6 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AZ | ARIZONA | USD | US DOLLAR | 7/1/2033 |  |  | 109.57 |  |  |  |  |  | WINDOW ROCK UNIF SD# | 8 07/01/2033 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3500.00 | L<br> N |  |  | 1/30/2026<br> C |  | 444;USD | USD | 70000.00 | 75512.70 | 74909.53 | 76696.21 | 76696.21 | 1786.68 | 1786.68 | 4.56 | True | 3.33 |  | 0.39 | 0.39 | 0.39 | 0.00 |  |  | 03745TBF<br> N | MP |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SPINNAKER ETF SERIES

- **b. Investment Company Act file number:** 811-22398

- **c. CIK number of Registrant:** 0001484018

- **d. LEI of Registrant:** 54930056GHDI2JOI6X90

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

  - **Street Address 1:** 116 SOUTH FRANKLIN STREET

  - **City:** ROCKY MOUNT

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 27804-5707

  - **Telephone number:** 252-972-9922

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

- **a. Name of Series:** Genter Capital Municipal Quality Intermediate ETF

- **b. EDGAR series identifier (if any):** S000084933

- **c. LEI of Series:** 52990007V4QWGFCEZW48

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2026-01-31

**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:** $19848595.61

**Total Liabilities:** $250221.77

**Net Assets:** $19598373.84

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0 | **1-Year:** 0.01 | **5-Year:** 0.01 | **10-Year:** 0.01 | **30-Year:** 0

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000249690 | 0.21%                | 0.21%                | 0.84%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $9569.46                 | $-18212.92                                 |
| Month 2  | $-190.38                 | $-12741.65                                 |
| Month 3  | $9375.63                 | $95126.63                                  |

**Designated Index Information**

- **Index Name:** Bloomberg Municipal Bond 5 year (4-6) Total Return Index Unhedged USD

- **Index Identifier:** LM05TR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| RICHMOND REDEV HSG-F | ABS      | CUSIP: 76543FAA8<br>LEI: N/A                  | Long             | DBT              |  | US        |     39566 | NS      | $42367.85     | 0.22%             | 2040-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fidelity Investments | MONEYMKT | CUSIP: 316175108<br>LEI: 6X064LF7Y6B4DKF2GZ26 | Long             | STIV             |  | US        |    529199 | NS      | $529199.15    | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| ALACHUA CO HLTH-B-3  | MUNIBOND | CUSIP: 010684BQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | NS      | $300705.27    | 1.53%             | 2030-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| AK MUNI BOND BANK-TW | MUNIBOND | CUSIP: 01179R6F5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | NS      | $181567.38    | 0.93%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WINDOW ROCK UNIF SD# | MUNIBOND | CUSIP: 03745TBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | NS      | $76696.21     | 0.39%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AZ INDL DEV AUTH -A  | MUNIBOND | CUSIP: 04052VAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | NS      | $42325.04     | 0.22%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON HIER ED-RI | MUNIBOND | CUSIP: 0418066Z8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | NS      | $177235.96    | 0.90%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON HGR EDU-A  | MUNIBOND | CUSIP: 041806MH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | NS      | $20195.91     | 0.10%             | 2026-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN AFFORDABLE PF | MUNIBOND | CUSIP: 05217TAZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | NS      | $300487.56    | 1.53%             | 2059-11-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| AUSTIN-REV-REF-AMT   | MUNIBOND | CUSIP: 052398JE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | NS      | $221981.36    | 1.13%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BENTON WASHINGTON WT | MUNIBOND | CUSIP: 083389GH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | NS      | $41008.70     | 0.21%             | 2034-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GA | MUNIBOND | CUSIP: 09182TAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | NS      | $156632.80    | 0.80%             | 2052-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GA | MUNIBOND | CUSIP: 09182TAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | NS      | $378960.00    | 1.93%             | 2052-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT GAS DT-E  | MUNIBOND | CUSIP: 09182TGC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | NS      | $319453.05    | 1.63%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BRADLEY VLG          | MUNIBOND | CUSIP: 104575CP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | NS      | $39177.77     | 0.20%             | 2035-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROWARD CO           | MUNIBOND | CUSIP: 11506KHK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | NS      | $444902.40    | 2.27%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST-SER A  | MUNIBOND | CUSIP: 13048RAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | NS      | $606974.10    | 3.10%             | 2044-12-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| CA MUNI FIN AUT-B-AM | MUNIBOND | CUSIP: 13048RAS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | NS      | $197593.26    | 1.01%             | 2050-09-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| CENTRL PLAINS ENERGY | MUNIBOND | CUSIP: 154871CU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | NS      | $210596.18    | 1.07%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CHANDLER INDL DEV-2  | MUNIBOND | CUSIP: 158862CB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | NS      | $183560.13    | 0.94%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO-REV          | MUNIBOND | CUSIP: 167570TW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | NS      | $171522.95    | 0.88%             | 2028-10-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| CHICAGO-A-REV        | MUNIBOND | CUSIP: 1675937X4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | NS      | $278397.70    | 1.42%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBUS HSG AUTH    | MUNIBOND | CUSIP: 199123CN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | NS      | $153780.92    | 0.78%             | 2028-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COPPERLEAF MET DIST# | MUNIBOND | CUSIP: 21765KAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | NS      | $107663.83    | 0.55%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CUMBERLAND CO IND-AM | MUNIBOND | CUSIP: 230589AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | NS      | $200157.52    | 1.02%             | 2027-12-01      | Variable      | 3.13%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CO ARP | MUNIBOND | CUSIP: 249182LC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | NS      | $343637.48    | 1.75%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FL HSG FIN CORP-Q-2  | MUNIBOND | CUSIP: 34074HHP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | NS      | $300445.62    | 1.53%             | 2028-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FL HSG FIN CORP-A    | MUNIBOND | CUSIP: 34074HJA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | NS      | $500183.35    | 2.55%             | 2044-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FORT WORTH           | MUNIBOND | CUSIP: 349507EH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | NS      | $341818.38    | 1.74%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GADSDEN-A-WARRANTS   | MUNIBOND | CUSIP: 362460WE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | NS      | $166938.03    | 0.85%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND TRAVERSE HOSP  | MUNIBOND | CUSIP: 386523JE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | NS      | $196064.64    | 1.00%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREATER CLARK-B      | MUNIBOND | CUSIP: 39167GNQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | NS      | $422129.36    | 2.15%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HENRICO CO ECO AUTH  | MUNIBOND | CUSIP: 42605KAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | NS      | $350039.59    | 1.79%             | 2045-10-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CO HSG  | MUNIBOND | CUSIP: 43232EDG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | NS      | $176011.92    | 0.90%             | 2028-12-01      | Variable      | 3.13%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY | MUNIBOND | CUSIP: 438697BQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | NS      | $70469.03     | 0.36%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOPE-REV             | MUNIBOND | CUSIP: 439397AH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | NS      | $214130.46    | 1.09%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HORIZON REGL MUD     | MUNIBOND | CUSIP: 44044TRY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | NS      | $71352.04     | 0.36%             | 2035-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IL HSG DEV AUTH      | MUNIBOND | CUSIP: 45203LFC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | NS      | $401824.12    | 2.05%             | 2029-02-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH-RE | MUNIBOND | CUSIP: 45204EYS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | NS      | $20025.02     | 0.10%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IN HSG & CMNTY DEV-A | MUNIBOND | CUSIP: 45506CBV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | NS      | $350804.79    | 1.79%             | 2029-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| IPS MULTI SCH BLDG   | MUNIBOND | CUSIP: 46263RWQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | NS      | $228379.70    | 1.17%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JENISON PUB SCHS-I   | MUNIBOND | CUSIP: 476034TU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | NS      | $27574.32     | 0.14%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JOPLIN INDL DEV-REF  | MUNIBOND | CUSIP: 480639DC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | NS      | $64875.69     | 0.33%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAUFMAN CO MUD #3-A  | MUNIBOND | CUSIP: 48620AEG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | NS      | $57405.96     | 0.29%             | 2032-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LA HSG CORP          | MUNIBOND | CUSIP: 54627CCE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | NS      | $398491.56    | 2.03%             | 2045-10-01      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| LOUISIANA HSG CORP   | MUNIBOND | CUSIP: 54627CCF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | NS      | $750699.23    | 3.83%             | 2043-05-01      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON ARPT  | MUNIBOND | CUSIP: 592647DB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | NS      | $300270.72    | 1.53%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MISSION TX-CTFS OBLI | MUNIBOND | CUSIP: 605128VW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | NS      | $111008.47    | 0.57%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MO DEV FIN BRD-A     | MUNIBOND | CUSIP: 60636SLM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | NS      | $188259.30    | 0.96%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONROE CUSD#4-A-REF  | MUNIBOND | CUSIP: 610251FA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | NS      | $548751.55    | 2.80%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUSKOGEE CO PUB AUTH | MUNIBOND | CUSIP: 628124AF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | NS      | $206222.08    | 1.05%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE HGR EDU -A  | MUNIBOND | CUSIP: 645438AG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | NS      | $15233.31     | 0.08%             | 2027-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NM MUNI ENERGY ACQ A | MUNIBOND | CUSIP: 647207BL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | NS      | $186585.82    | 0.95%             | 2054-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DASNY-B-1            | MUNIBOND | CUSIP: 64985SNR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | NS      | $250091.70    | 1.28%             | 2030-11-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| NORTHEASTERN UNIV-CO | MUNIBOND | CUSIP: 66442RDE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | NS      | $434330.40    | 2.22%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PK CREEK MET DT-A-RE | MUNIBOND | CUSIP: 700385BG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | NS      | $43890.42     | 0.22%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PATRIOTS ENERGY GROU | MUNIBOND | CUSIP: 70342PAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | NS      | $21703.46     | 0.11%             | 2054-10-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| PATRIOTS ENERGY GROU | MUNIBOND | CUSIP: 70342PAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | NS      | $471132.58    | 2.40%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PEFA INC GAS PROJ    | MUNIBOND | CUSIP: 70556CAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | NS      | $591959.51    | 3.02%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF PORTLAND-25B | MUNIBOND | CUSIP: 735240Q55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | NS      | $123848.17    | 0.63%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE-AMT- | MUNIBOND | CUSIP: 735389D54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | NS      | $153283.70    | 0.78%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KY PUB ENERGY AUTH-A | MUNIBOND | CUSIP: 74440DFN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | NS      | $579528.58    | 2.96%             | 2055-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST-C-RE | MUNIBOND | CUSIP: 762223RF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | NS      | $217367.09    | 1.11%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIO HONDO ISD        | MUNIBOND | CUSIP: 767142QX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | NS      | $491573.28    | 2.51%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT JOHN THE BAPTI | MUNIBOND | CUSIP: 79020FAW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | NS      | $326630.14    | 1.67%             | 2037-06-01      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| SAINT PETER ISD#508- | MUNIBOND | CUSIP: 793181KG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | NS      | $64371.63     | 0.33%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE-A-AMT      | MUNIBOND | CUSIP: 795576ML8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | NS      | $166172.52    | 0.85%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHREVEPORT           | MUNIBOND | CUSIP: 8254345Y5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | NS      | $80223.32     | 0.41%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHREVEPORT           | MUNIBOND | CUSIP: 8254346V0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | NS      | $138187.68    | 0.71%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SC HSG FIN & DEV AUT | MUNIBOND | CUSIP: 83712EHZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | NS      | $250619.83    | 1.28%             | 2043-11-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| S E ALABAMA ST GAS S | MUNIBOND | CUSIP: 84131TBA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | NS      | $154966.14    | 0.79%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| S E REGL MGMT DT     | MUNIBOND | CUSIP: 841493DV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | NS      | $310265.73    | 1.58%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STEEL VALLEY SCH DIS | MUNIBOND | CUSIP: 858151NA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | NS      | $244889.13    | 1.25%             | 2051-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS AC | MUNIBOND | CUSIP: 88256PAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | NS      | $747192.39    | 3.81%             | 2054-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VIRIDIAN MUNI-REF    | MUNIBOND | CUSIP: 92823PSH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | NS      | $52966.21     | 0.27%             | 2027-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WARREN CO-REF        | MUNIBOND | CUSIP: 935031AG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | NS      | $155602.59    | 0.79%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WA HLTH CARE FACS-B  | MUNIBOND | CUSIP: 93978HZW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | NS      | $208427.35    | 1.06%             | 2055-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| WA ST HSG FIN        | MUNIBOND | CUSIP: 93978PPY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | NS      | $200945.74    | 1.03%             | 2044-04-01      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| WATERBURY HSG AUTH   | MUNIBOND | CUSIP: 941262AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | NS      | $68092.67     | 0.35%             | 2039-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WAYNE CO ARPT AUTH-D | MUNIBOND | CUSIP: 944514X94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | NS      | $655821.96    | 3.35%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WHATCOM CO PUD #1-A  | MUNIBOND | CUSIP: 962468FG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | NS      | $54286.05     | 0.28%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-12

**Name of Applicant:** Spinnaker ETF Series

**Signature:** Pete Mccabe

**Name of Signer:** Pete Mccabe

**Title:** Principal Accounting Officer/Principal Financial Officer