# EDGAR Filing Document

**Accession Number:** 0001450011
**File Stem:** 0001099263-26-003081
**Filing Date:** 2026-3
**Character Count:** 252681
**Document Hash:** 62b7650b59d561063da54b992080c036
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-26-003081.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0001099263-26-003081

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO ETF Trust
- **CENTRAL INDEX KEY:** 0001450011

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22250
- **FILM NUMBER:** 26705901

**BUSINESS ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 949.720.6000

**MAIL ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

## Series and Classes Contracts Data

### PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (Series ID: S000026755)

| Class ID   | Class Name                                                    | Ticker Symbol   |
|:---|:---|:---|
| C000080245 | PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund | MUNI            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PIMCO ETF Trust

- **b. Investment Company Act file number:** 811-22250

- **c. CIK number of Registrant:** 0001450011

- **d. LEI of Registrant:** 5493004M9TBGFQUJ6D27

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

  - **Street Address 1:** 650 Newport Center Drive

  - **City:** Newport Beach

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92660

  - **Telephone number:** (888) 400-4383

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

- **a. Name of Series:** PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

- **b. EDGAR series identifier (if any):** S000026755

- **c. LEI of Series:** 549300BYITA8MLKUJ627

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $2535421212.96

**Total Liabilities:** $8126972.81

**Net Assets:** $2527294240.15

**Cash Not Reported:** $833648.13

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 44126.952300 | **1-Year:** 71570.087100 | **5-Year:** 498538.064500 | **10-Year:** 673692.135400 | **30-Year:** 9799.211800

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

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000080245 | 0.96%                | 0.25%                | 0.15%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1164388.35              | $13475122.36                               |
| Month 2  | $-521812.57              | $204830.04                                 |
| Month 3  | $52349.72                | $-3622342.99                               |

**Designated Index Information**

- **Index Name:** Bloomberg Municipal Bond 1-15 Year Blend (1-17) Total Return Index

- **Index Identifier:** LM17TR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                         | MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/30 FIXED 5         | CUSIP: 57584YJK6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1582486.65   | 0.06%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH REVENUE MISFIN 04/47 FLOATING VAR      | CUSIP: 59447T3W1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3491498.85   | 0.14%             | 2047-04-15      | Floating      | 3.11%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 02/41 FIXED 5           | CUSIP: 45204FP74<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1885000 | PA      | $1906050.36   | 0.08%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENERGY NORTHWEST                                                                 | ENERGY N W WA ELEC REVENUE ENEPWR 07/35 FIXED 5             | CUSIP: 29270C4W2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3374014.80   | 0.13%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 01/26 0.00000                                 | CUSIP: 912797SF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4200000 | PA      | $4195510.03   | 0.17%             | 2026-01-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| OHIO HIGHER EDUCATIONAL FACILITY COMMISSION                                      | OHIO ST HGR EDUCTNL FAC COMMIS OHSHGR 01/43 ADJUSTABLE VAR  | CUSIP: 67756AH96<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8000000.00   | 0.32%             | 2043-01-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI HOUSING DEVELOPMENT COMMISSION                                          | MISSOURI ST HSG DEV COMMISSION MOSSFH 05/56 FIXED 6         | CUSIP: 60637GMG1<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7757744.40   | 0.31%             | 2056-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DUVAL COUNTY PUBLIC SCHOOLS                                                      | DUVAL CNTY FL SCH BRD COPS DUVEDU 07/29 FIXED 5             | CUSIP: 267169HP8<br>LEI: 254900RS6MO5WEO2WC42 | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3731220.20   | 0.15%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS STATE UNIVERSITY SYSTEM                                                    | TEXAS ST UNIV SYS FING REVENUE TXSHGR 03/40 FIXED 5         | CUSIP: 88278PJ39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2210152.60   | 0.09%             | 2040-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHINO VALLEY UNIFIED SCHOOL DISTRICT                                             | CHINO VLY CA UNIF SCH DIST CIVSCD 08/41 ZEROCPNOID 0        | CUSIP: 169583JR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $771506.40    | 0.03%             | 2041-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TEXAS WATER DEVELOPMENT BOARD                                                    | TEXAS WTR DEV BRD REVENUE TXSWTR 10/30 FIXED 5              | CUSIP: 88285AAR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1977195.40   | 0.08%             | 2030-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 11/44 ADJUSTABLE VAR   | CUSIP: 64971XKS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8000000.00   | 0.32%             | 2044-11-01      | Variable      | 0.40%                 | No            |                  2 | On Loan: No      |
| TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS                                | TEXAS ST DEPT OF HSG   CMNTY A TXSSFH 01/56 FIXED 6         | CUSIP: 882750G71<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   8300000 | PA      | $9282392.15   | 0.37%             | 2056-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| E-470 PUBLIC HIGHWAY AUTHORITY                                                   | E 470 CO PUBLIC HIGHWAY AUTH E 470 PUB HWY AUTH             | CUSIP: 26822LMX9<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3394121.06   | 0.13%             | 2039-09-01      | Floating      | 3.26%                 | No            |                  2 | On Loan: No      |
| ST PAUL MINN HSG & REDV AUTH                                                     | SAINT PAUL MN HSG   REDEV AU 11/33 FIXED 5                  | CUSIP: 792909FF5<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   3410000 | PA      | $3501016.99   | 0.14%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO AIR QUALITY DEVELOPMENT AUTHORITY                                           | OHIO ST AIR QUALITY DEV AUTH OHSDEV 12/38 ADJUSTABLE VAR    | CUSIP: 677525WG8<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3050750.08   | 0.12%             | 2038-12-01      | Variable      | 2.40%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS INC GA MAIUTL 05/54 ADJUSTABLE VAR  | CUSIP: 56035DGT3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1934800.74   | 0.08%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                             | COLORADO ST HLTH FACS AUTH REV COSMED 11/49 ADJUSTABLE VAR  | CUSIP: 19648FXC3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1387208.43   | 0.05%             | 2049-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORPORATION                 | TARRANT CNTY TX CULTURAL EDU F TAREDU 11/64 ADJUSTABLE VAR  | CUSIP: 87638TJU8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   6400000 | PA      | $7149651.20   | 0.28%             | 2064-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TOWN OF TROPHY CLUB TX PUBLIC IMPROVEMENT DISTRICT NO 1                          | TROPHY CLUB TX PUBLIC IMPT DIS TCBGEN 09/32 FIXED 5         | CUSIP: 89706PAX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $429425.52    | 0.02%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 08/35 FIXED 5          | CUSIP: 64971XW61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2247153.80   | 0.09%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS INC GA MAIUTL 12/55 ADJUSTABLE VAR  | CUSIP: 56035DKH4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  15300000 | PA      | $16303885.02  | 0.65%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY                                   | BUCKEYE OH TOBACCO SETTLEMENT BUCGEN 06/35 FIXED 5          | CUSIP: 118217CR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053964.90   | 0.04%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY                                 | CALIFORNIA ST HLTH FACS FING A CASMED 12/35 FIXED 5         | CUSIP: 13032U4X3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   7400000 | PA      | $8406662.70   | 0.33%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PATRIOTS ENERGY GROUP FINANCING AGENCY                                           | PATRIOTS ENERGY GROUP FING AGY PATRIOTS ENERGY GROUP        | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $3028262.44   | 0.12%             | 2054-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY                                   | WASHINGTON DC MET AREA TRANSIT DCTGEN 07/33 FIXED 5         | CUSIP: 938782EW5<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5154344.50   | 0.20%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                            | WISCONSIN ST HLTH   EDUCTNL FA WISMED 04/29 FIXED 5         | CUSIP: 97712DS98<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $2039263.38   | 0.08%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY                                     | MICHIGAN ST HSG DEV AUTH SF MT MISHSG 06/56 FIXED 6         | CUSIP: 594654K38<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |  19900000 | PA      | $22057542.08  | 0.87%             | 2056-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                            | WISCONSIN ST HLTH   EDUCTNL FA WISMED 11/46 FIXED 4         | CUSIP: 97712JMV2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15079.95     | 0.00%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REGIONAL TRANSPORTATION AUTHORITY                                                | REGL TRANSPRTN AUTH IL REGTRN 06/38 FIXED 5                 | CUSIP: 7599116A3<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |   2520000 | PA      | $2841116.29   | 0.11%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHEAST OHIO MEDICAL UNIVERSITY                                                | N E OHIO MED UNIV GEN RECPTS NORHGR 12/29 FIXED 5           | CUSIP: 66433RBA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $122110.73    | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK (FHLB)                                                    | FED HOME LN DISCOUNT NT DISCOUNT NOT 05/26 0.00000          | CUSIP: 313385XG6<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   2200000 | PA      | $2168861.44   | 0.09%             | 2026-05-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON SUBURBAN SANITARY COMMISSION                                          | WASHINGTON SUBURBAN SAN DIST M WASUTL 06/27 ADJUSTABLE VAR  | CUSIP: 940158HT8<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |   9840000 | PA      | $9840000.00   | 0.39%             | 2027-06-01      | Variable      | 0.40%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY                                         | CHARLOTTE MECKLENBURG NC HOSP CHAMED 01/37 ADJUSTABLE VAR   | CUSIP: 160853MS3<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |  17765000 | PA      | $17765000.00  | 0.70%             | 2037-01-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| GRAND TRAVERSE COUNTY HOSPITAL FINANCE AUTHORITY                                 | GRAND TRAVERSE CNTY MI HOSP FI GTVMED 07/29 FIXED 5         | CUSIP: 386523JA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1260996.84   | 0.05%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 11/35 FIXED 5         | CUSIP: 84136HAU7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   8700000 | PA      | $9244643.49   | 0.37%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 01/26 0.00000                                 | CUSIP: 912797SH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $99755.25     | 0.00%             | 2026-01-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH REVENUES NYSHGR 07/39 FIXED 5         | CUSIP: 64985SBN2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3385000 | PA      | $3716138.98   | 0.15%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP HSG DEV                                                | MARYLAND ST ECON DEV CORP POLL MDSDEV 07/48 ADJUSTABLE VAR  | CUSIP: 57421HAB9<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6287212.20   | 0.25%             | 2048-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY WIS HOSPS & CLINICS AUTH REV                                          | UNIV HOSPS   CLINICS AUTH WI UNVMED 04/48 ADJUSTABLE VAR    | CUSIP: 915260CN1<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |   7150000 | PA      | $7150000.00   | 0.28%             | 2048-04-01      | Variable      | 0.35%                 | No            |                  2 | On Loan: No      |
| COUNTY OF BUTLER OH                                                              | BUTLER CNTY OH HOSP FACS BUTMED 11/30 FIXED 5               | CUSIP: 123550HP3<br>LEI: 54930064OLVQO8IVR655 | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1269032.65   | 0.05%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLORADO RIVER AUTHORITY EMPLOYEES UNITED C                                | LOWER COLORADO RIVER TX AUTH T LWCGEN 05/39 FIXED 5         | CUSIP: 54811BK42<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1314980.64   | 0.05%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS WATER DEVELOPMENT BOARD                                                    | TEXAS WTR DEV BRD REVENUE TXSWTR 10/52 FIXED 4.8            | CUSIP: 88285ABJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8400000 | PA      | $8488305.00   | 0.34%             | 2052-10-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| MIDLAND COUNTY HOSPITAL DISTRICT                                                 | MIDLAND CNTY TX HOSP DIST MIDMED 05/38 FIXED 5              | CUSIP: 597503EB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1115462.80   | 0.04%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY                                  | NEW YORK CITY NY MUNI WTR FIN NYCUTL 06/28 FIXED 5          | CUSIP: 64972GZX5<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2128163.00   | 0.08%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HUNTSVILLE PUBLIC BUILDING AUTHORITY                                             | HUNTSVILLE AL PUBLIC BLDG AUTH HUNFAC 02/47 FIXED 5         | CUSIP: 447154FU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2210000 | PA      | $2275026.16   | 0.09%             | 2047-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON HEALTH CARE FACILITIES AUTHORITY                                      | WASHINGTON ST HLTH CARE FACS A WASMED 10/30 FIXED 5         | CUSIP: 93978HC86<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3501685.44   | 0.14%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY                           | CALIFORNIA ST STWD CMNTYS DEVA CASPOL 11/33 FIXED 4.5       | CUSIP: 13078HBB7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3677769.20   | 0.15%             | 2033-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALDINE INDEPENDENT SCHOOL DISTRICT                                               | ALDINE TX INDEP SCH DIST ALDSCD 02/41 FIXED 5               | CUSIP: 014393A44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $3066295.40   | 0.12%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND RIVER DAM AUTHORITY                                                        | GRAND RIVER OK DAM AUTH REVENU GRRPWR 06/36 FIXED 5         | CUSIP: 386442ZT7<br>LEI: 549300XGK5KWQHON4Q79 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4556168.40   | 0.18%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MEDFORD ORE HOSP FACS AUTH REV                                                   | MEDFORD OR HOSP FACS AUTH REVE MFDMED 08/36 FIXED 5         | CUSIP: 584283GV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1604171.70   | 0.06%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA FIN AUTH IN WSTWTR UTI INSUTL 10/36 FIXED 5         | CUSIP: 45505MNT9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1132251.60   | 0.04%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FLA HEALTH FACS AUTH FEV                                             | ORANGE CNTY FL HLTH FACS AUTH ORAMED 10/28 FIXED 5          | CUSIP: 68450LGV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1540765.51   | 0.06%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH TEXAS TOLLWAY AUTHORITY                                                    | N TX TOLLWAY AUTH REVENUE NRTTRN 01/28 FIXED 5              | CUSIP: 66285WSG2<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   2875000 | PA      | $2875000.00   | 0.11%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS STATE TOLL HIGHWAY AUTHORITY                                            | ILLINOIS ST TOLL HIGHWAY AUTH ILSTRN 01/36 FIXED 5          | CUSIP: 452252QQ5<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5745377.50   | 0.23%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF ECTOR TX                                                               | ECTOR CNTY TX ECT 02/37 FIXED 5                             | CUSIP: 279245KL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5220000 | PA      | $5881513.90   | 0.23%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF WASHOE NV                                                              | WASHOE CNTY NV GAS   WTR FACS WASPWR 03/36 ADJUSTABLE VAR   | CUSIP: 940797AN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2530158.25   | 0.10%             | 2036-03-01      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY                                 | CALIFORNIA ST HLTH FACS FING A CASMED 10/50 ADJUSTABLE VAR  | CUSIP: 13032U4Q8<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4845716.04   | 0.19%             | 2050-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ENERGY ACQUISITION CORPORATION                                         | TENNESSEE ENERGY ACQUISITION C TNSUTL 05/52 ADJUSTABLE VAR  | CUSIP: 88044TAL3<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3634032.88   | 0.14%             | 2052-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TOWN OF TROPHY CLUB TX PUBLIC IMPROVEMENT DISTRICT NO 1                          | TROPHY CLUB TX PUBLIC IMPT DIS TCBGEN 09/28 FIXED 5         | CUSIP: 89706PAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $512147.70    | 0.02%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS STATE                                                              | MASSACHUSETTS ST MAS 04/40 FIXED 5                          | CUSIP: 57582TCH3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1969420.78   | 0.08%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE HIGHER ED & HEALTH                                                 | NEW HAMPSHIRE ST HLTH   EDU FA NHSMED 08/34 FIXED 5         | CUSIP: 64461XLS2<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1942525.40   | 0.08%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                                  | CALIFORNIA CMNTY CHOICE FING A CCEDEV 02/55 ADJUSTABLE VAR  | CUSIP: 13013JFR2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   8100000 | PA      | $8762032.44   | 0.35%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS 12/54 1                             | CUSIP: 56035DHK1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1926978.48   | 0.08%             | 2054-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY                                  | KENTUCKY ST ECON DEV FIN AUTH KYSDEV 07/40 FIXED 5          | CUSIP: 49126PFA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1651129.26   | 0.07%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FREDDIE MAC STRUCTURED PASS TH FMPGEN 10/40 ADJUSTABLE VAR  | CUSIP: 3137HCXR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   6419873 | PA      | $6564937.36   | 0.26%             | 2040-10-25      | Variable      | 4.69%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 12/26 FIXED 5         | CUSIP: 650116EF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1090576.31   | 0.04%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS FORT WORTH INTERNATIONAL AIRPORT                                          | DALLAS FORT WORTH TX INTERNATI DALAPT 11/34 FIXED 5         | CUSIP: 23503CBC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3385267.50   | 0.13%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSING AUTHORITY OF SNOHOMISH COUNTY                                            | SNOHOMISH CNTY WA HSG AUTH SNOHSG 04/44 FIXED 4             | CUSIP: 83309AFW6<br>LEI: 549300FESB68D2IR7250 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1873543.80   | 0.07%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 10/51 ADJUSTABLE VAR  | CUSIP: 63607WAW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1387855 | PA      | $1377078.84   | 0.05%             | 2051-10-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| PORT OF GREATER CINCINNATI DEVELOPMENT AUTHORITY                                 | PORT OF GTR CINCINNATI DEV AUT PRTDEV 12/41 FIXED 5         | CUSIP: 734195EU0<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    460000 | PA      | $496683.76    | 0.02%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLESTON COUNTY AIRPORT DISTRICT                                               | CHARLESTON CNTY SC ARPT DIST A CHAAPT 07/33 FIXED 5         | CUSIP: 160070ER5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1983271.28   | 0.08%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF CONNECTICUT                                                             | CONNECTICUT ST CTS 09/30 FIXED 5                            | CUSIP: 20772KDW6<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   3640000 | PA      | $3884953.07   | 0.15%             | 2030-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 02/26 0.00000                                 | CUSIP: 912797SR9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4100000 | PA      | $4081534.05   | 0.16%             | 2026-02-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                        | NEW JERSEY ST ECON DEV AUTH RE NJSDEV 11/36 FIXED 5         | CUSIP: 64577XDW3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2780617.00   | 0.11%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVERNMENT NASHVILLE & DAVIDSON COUNTY SPORTS AUTHORITY             | MET GOVT NASHVILLE   DAVIDSONC METFAC 07/36 FIXED 5         | CUSIP: 592090LE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $864544.84    | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH ST PERSO NYSHGR 03/42 FIXED 5         | CUSIP: 64990F6M1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2164719.20   | 0.09%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ST CLOUD MINN HEALTH CARE REV                                                    | SAINT CLOUD MN HLTH CARE REVEN SUDMED 05/48 FIXED 5         | CUSIP: 78916VDV9<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1822405.68   | 0.07%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| THE DEVELOPMENT AUTHORITY OF BURKE COUNTY                                        | BURKE CNTY GA DEV AUTH POLL CO BURPOL 11/48 ADJUSTABLE VAR  | CUSIP: 121342QK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4519585.80   | 0.18%             | 2048-11-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA ST FIN AUTH REVENUE INSGEN 02/30 FIXED 5            | CUSIP: 45506DR56<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1576098.90   | 0.06%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV                                    | MARYLAND ST HLTH   HGR EDUCTNL MDSMED 06/31 FIXED 5         | CUSIP: 57421CBX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $374901.66    | 0.01%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                                      | OHIO ST HSG FIN AGY RSDL MTGE OHSHSG 03/55 FIXED 6.25       | CUSIP: 67756UBE7<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   7455000 | PA      | $8193083.02   | 0.32%             | 2055-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 01/26 0.00000                                 | CUSIP: 912797PD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  29400000 | PA      | $29342044.07  | 1.16%             | 2026-01-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE                                                                 | CALIFORNIA ST CAS 09/37 FIXED 4                             | CUSIP: 13063CY20<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   4495000 | PA      | $4508161.81   | 0.18%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK (FHLB)                                                    | FED HOME LN DISCOUNT NT DISCOUNT NOT 01/26 0.00000          | CUSIP: 313385RP3<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   3900000 | PA      | $3896587.50   | 0.15%             | 2026-01-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| STATE OF CONNECTICUT SPECIAL TAX REVENUE                                         | CONNECTICUT ST SPL TAX OBLIG R CTSGEN 10/33 FIXED 5         | CUSIP: 207758YH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1082243.26   | 0.04%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY                                 | CALIFORNIA ST HLTH FACS FING A CASMED 12/42 FIXED 5.25      | CUSIP: 13032UU55<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3221190.60   | 0.13%             | 2042-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA FIN AUTH MIDWESTERN DI INDGEN 11/30 FIXED 3         | CUSIP: 45470CAF6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2054964.45   | 0.08%             | 2030-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN TOB SECURIZATION CORP ALASKA                                            | NTHRN AK TOBACCO SECURITIZATIO NRTFAC 06/33 FIXED 5         | CUSIP: 66585VBP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2890000 | PA      | $3078543.89   | 0.12%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EMPIRE STATE DEVELOPMENT CORPORATION                                             | NEW YORK ST URBAN DEV CORP SAL NYSFAC 03/37 FIXED 5         | CUSIP: 64985TED9<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   4900000 | PA      | $5553622.76   | 0.22%             | 2037-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HEALTH CARE AUTH FOR BAPTIST HLT ALABAMA                                         | HLTH CARE AUTH FOR BAPTIST HLT HLTMED 11/37 FIXED 5         | CUSIP: 42219UCG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $935867.54    | 0.04%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY                                         | CHARLOTTE MECKLENBURG NC HOSP CHAMED 01/49 ADJUSTABLE VAR   | CUSIP: 160853VD6<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2229411.20   | 0.09%             | 2049-01-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE UNIFIED SCHOOL DISTRICT                                                | RIVERSIDE CA UNIF SCH DIST SPL RIVSCD 09/44 FIXED 5         | CUSIP: 769069U45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $709137.56    | 0.03%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TULSA COUNTY INDUSTRIAL AUTHORITY                                                | TULSA CNTY OK INDL AUTH EDUCTN TULEDU 09/32 FIXED 5         | CUSIP: 89952PHJ7<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1786678.88   | 0.07%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE VALLEY REGIONAL FINANCE AUTHORITY                                       | DELAWARE VLY PA REGL FIN AUTH DLVGEN 03/35 FIXED 4          | CUSIP: 246579LV6<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1168316.60   | 0.05%             | 2035-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN MICHIGAN UNIVERSITY                                                     | NTHRN MI UNIV REVENUES NORHGR 06/46 FIXED 5.25              | CUSIP: 665398PP2<br>LEI: 549300Y2Q94GGNQC7X56 | Long             | DBT              | MUN               | US        |   1890000 | PA      | $2027765.88   | 0.08%             | 2046-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STATE OF OREGON DEPARTMENT OF TRANSPORTATION                                     | OREGON ST DEPT OF TRANSPRTN GR ODTTRN 05/37 FIXED 5         | CUSIP: 68606UAN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1138749.70   | 0.05%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA TURNPIKE COMMISSION                                                 | PENNSYLVANIA ST TURNPIKE COMMI PENNSYLVANIA TPK REF         | CUSIP: 709225LH7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4339395.20   | 0.17%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL TEXAS TURNPIKE SYSTEM                                                    | TEXAS ST TRANSPRTN COMMISSION TX TRANSPRTN B REF            | CUSIP: 88283KBQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3887174.88   | 0.15%             | 2042-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 08/40 FIXED 5.25       | CUSIP: 64971XX37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4890000 | PA      | $5341757.27   | 0.21%             | 2040-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE FL WATER & SEWER SYSTEM REVENUE                             | MIAMI DADE CNTY FL WTR   SWR R MIAUTL 10/32 FIXED 5         | CUSIP: 59334DPD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $3152713.30   | 0.12%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY                                 | CALIFORNIA ST HLTH FACS FING A CASMED 04/40 FIXED 4         | CUSIP: 13032UXB9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3263177.78   | 0.13%             | 2040-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV                                    | MARYLAND ST HLTH   HGR EDUCTNL MDSMED 06/37 FIXED 4         | CUSIP: 57421CCD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $221439.42    | 0.01%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PORT OF GREATER CINCINNATI DEVELOPMENT AUTHORITY                                 | PORT OF GTR CINCINNATI DEV AUT PRTDEV 12/40 FIXED 5         | CUSIP: 734195ET3<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    410000 | PA      | $447706.88    | 0.02%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA INCOME TAX REVENUE                                          | DIST OF COLUMBIA INCOME TAX SE DISGEN 06/41 FIXED 5         | CUSIP: 25477GYH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $6123045.50   | 0.24%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRANKLIN COUNTY OHIO                                                             | FRANKLIN CNTY OH REVENUE FRAGEN 12/46 ADJUSTABLE VAR        | CUSIP: 353202FK5<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   8600000 | PA      | $8600042.14   | 0.34%             | 2046-12-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                           | CALIFORNIA ST MUNI FIN AUTH MF CASMFH 12/42 FIXED 4.45      | CUSIP: 130483GQ7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1109975.24   | 0.04%             | 2042-12-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ILLINOIS STATE TOLL HIGHWAY AUTHORITY                                            | ILLINOIS ST TOLL HIGHWAY AUTH ILSTRN 01/35 FIXED 5          | CUSIP: 452252QP7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $3009690.32   | 0.12%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF ECTOR TX                                                               | ECTOR CNTY TX ECT 02/35 FIXED 5                             | CUSIP: 279245KJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1943747.36   | 0.08%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BLACK BELT ENGY GAS C         | CUSIP: 09182TDB0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5497468.50   | 0.22%             | 2054-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA PUBLIC SERVICES AUTHORITY (AKA: SANTEE COOPER)                    | SOUTH CAROLINA ST PUBLIC SVC A SCSUTL 12/42 FIXED 5         | CUSIP: 8371515M7<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1616639.10   | 0.06%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                                      | OHIO ST HSG FIN AGY RSDL MTGE OHSHSG 03/55 FIXED 6.25       | CUSIP: 67756Q8B6<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1709313.84   | 0.07%             | 2055-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CITY OF PHOENIX AZ                                                               | PHOENIX AZ PHO 07/26 FIXED 5                                | CUSIP: 718814W36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1518651.00   | 0.06%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HSG & MTG FIN AGY MULTI-FA                                         | NEW JERSEY ST HSG   MTGE FIN A NJSHSG 04/56 FIXED 6.5       | CUSIP: 64613ALU4<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2696723.76   | 0.11%             | 2056-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY                                   | NEW JERSEY ST TRANSPRTN TRUST NJSTRN 06/37 FIXED 5          | CUSIP: 64613CCS5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7185000 | PA      | $8023028.94   | 0.32%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUBLIC FACILITIES AUTHORITY                                            | LOUISIANA ST PUBLIC FACS AUTHL LASFAC 07/40 FIXED 5         | CUSIP: 54639TDL3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    700000 | PA      | $772783.69    | 0.03%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE HOUSING FINANCE AUTHORITY                                          | NEW HAMPSHIRE ST HSG FIN AUTH NHSSFH 07/55 FIXED 6.5        | CUSIP: 64469D5S6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5260000 | PA      | $5923081.91   | 0.23%             | 2055-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI DEVELOPMENT BANK                                                     | MISSISSIPPI DEV BK SPL OBLIG MSSDEV 01/31 FIXED 5           | CUSIP: 60534XWT9<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1391938.63   | 0.06%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FARMINGTON N.M. POLLUTION CONTROL                                                | FARMINGTON NM POLL CONTROL REV FARPOL 04/29 FIXED 1.8       | CUSIP: 311450GA2<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4741393.00   | 0.19%             | 2029-04-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/30 FIXED 2.687     | CUSIP: 38122NC91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5551371.00   | 0.22%             | 2030-06-01      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| FHLMC MULTIFAMILY VRD CERTIFICATES                                               | FEDERAL HOME LOAN MTGE CORP MF FEDMFH 06/42 ADJUSTABLE VAR  | CUSIP: 31350ADY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2798112 | PA      | $2840517.11   | 0.11%             | 2042-06-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FREDDIE MAC STRUCTURED PASS TH FMPGEN 04/42 ADJUSTABLE VAR  | CUSIP: 3137HDJL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   4971748 | PA      | $5018582.07   | 0.20%             | 2042-04-25      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| HEALTH CARE AUTH FOR BAPTIST HLT ALABAMA                                         | HLTH CARE AUTH FOR BAPTIST HLT HLTMED 11/36 FIXED 5         | CUSIP: 42219UCF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1312076.08   | 0.05%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF OSCEOLA FL TRANSPORTATION REVENUE                                      | OSCEOLA CNTY FL TRANSPRTN REVE OSCTRN 10/27 ZEROCPNOID 0    | CUSIP: 688031EG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $328004.08    | 0.01%             | 2027-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY COUNTY HOSPITAL DEVELOPMENT AUTHORITY                                  | ALLEGHENY CNTY PA HOSP DEV AUT ALLMED 11/47 FLOATING VAR    | CUSIP: 01728A5V4<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9912327.00   | 0.39%             | 2047-11-15      | Floating      | 3.06%                 | No            |                  2 | On Loan: No      |
| ST PAUL MINN HSG & REDV AUTH                                                     | SAINT PAUL MN HSG   REDEV AUTH STPHSG 07/32 FIXED 5         | CUSIP: 792905EH0<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2225993.40   | 0.09%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA STATE                                                               | PENNSYLVANIA ST PAS 10/33 FIXED 5                           | CUSIP: 70914PY55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5713229.00   | 0.23%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS INC GA MAIUTL 05/55 ADJUSTABLE VAR  | CUSIP: 56035DJJ2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3628914.52   | 0.14%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 05/47 FIXED 5          | CUSIP: 64972JJA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4150318.00   | 0.16%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                          | MUNI ELEC AUTH OF GEORGIA MELPWR 01/26 FIXED 5              | CUSIP: 626207X58<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.02%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST ILS 05/30 FIXED OID 5.5                         | CUSIP: 4521526K2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7493261.30   | 0.30%             | 2030-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS INC GA MAIUTL 12/53 ADJUSTABLE VAR  | CUSIP: 56035DGB2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   7600000 | PA      | $8136633.72   | 0.32%             | 2053-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN HOUSING FINANCE CORPORATION                                               | AUSTIN TX HSG FIN CORP AUSMFH 11/42 ADJUSTABLE VAR          | CUSIP: 052425HY4<br>LEI: 549300UBTYKESVNBXV64 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1716056.33   | 0.07%             | 2042-11-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | WASHINGTON ST HSG FIN COMMISSI WASHSG 07/35 FIXED 5         | CUSIP: 93978LJE7<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1092655.70   | 0.04%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SEATTLE WA MUNICIPAL LIGHT & POWER REVENUE                               | SEATTLE WA MUNI LIGHT   PWR RE SEAPWR 09/37 FIXED 4         | CUSIP: 812643QC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5015988.00   | 0.20%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE                                                                 | CALIFORNIA ST CAS 11/26 FIXED 5                             | CUSIP: 13063DZ84<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   6400000 | PA      | $6544588.16   | 0.26%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH COUNTY SCHOOL DISTRICT                                                | PALM BEACH CNTY FL SCH BRD COP PALEDU 08/32 FIXED 5         | CUSIP: 696550M58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2295000 | PA      | $2626901.29   | 0.10%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO WATER SYSTEM                                                         | SAN ANTONIO TX WTR REVENUE SANWTR 05/39 FIXED 5             | CUSIP: 79642GSD5<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4719993.60   | 0.19%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA TURNPIKE COMMISSION                                                 | PENNSYLVANIA ST TURNPIKE COMMI PASTRN 12/36 FIXED 5         | CUSIP: 709225CU8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   8170000 | PA      | $8977278.52   | 0.36%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                           | PUERTO RICO SALES TAX FING COR PRCGEN 07/34 FIXED OID 4.5   | CUSIP: 74529JPU3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   8671000 | PA      | $8671228.91   | 0.34%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITY OF CLOQUET MN                                                               | MULTIFAMILY TAX EXEMPT MORTGAG MTEMS 2024 07FN PT           | CUSIP: 189041AA4<br>LEI: 5493006V6FIYLT2MSR46 | Long             | DBT              | MUN               | US        |    991182 | PA      | $1004071.04   | 0.04%             | 2041-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 11/36 FIXED 5          | CUSIP: 64972JQD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1502375.94   | 0.06%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK (FHLB)                                                    | FED HOME LN DISCOUNT NT DISCOUNT NOT 04/26 0.00000          | CUSIP: 313385VW3<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |  13700000 | PA      | $13549543.59  | 0.54%             | 2026-04-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TSASC INC NY TOB                                                                 | TSASC INC NY TSA 06/27 FIXED 5                              | CUSIP: 898526EV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2873748.64   | 0.11%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF OSCEOLA FL TRANSPORTATION REVENUE                                      | OSCEOLA CNTY FL TRANSPRTN REVE OSCTRN 10/29 ZEROCPNOID 0    | CUSIP: 688031EJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $607798.73    | 0.02%             | 2029-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES & COMMUNITY DEVELOPMENT AUTH | LOUISIANA ST LOCAL GOVT ENVRNM LASFAC 08/27 FIXED 5         | CUSIP: 546275AC2<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1243869.96   | 0.05%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                             | COLORADO ST HLTH FACS AUTH R 05/33 5                        | CUSIP: 19648FXZ2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $5080592.25   | 0.20%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON CNTY TENN                                          | MET GOVT NASHVILLE   DAVIDSON METHSG 10/38 FIXED OID 4.875  | CUSIP: 592113CG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3265000 | PA      | $3400241.85   | 0.13%             | 2038-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK (FHLB)                                                    | FED HOME LN DISCOUNT NT DISCOUNT NOT 03/26 0.00000          | CUSIP: 313385UU8<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   6200000 | PA      | $6148013.00   | 0.24%             | 2026-03-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                                  | CALIFORNIA CMNTY CHOICE FING A CCEDEV 05/54 ADJUSTABLE VAR  | CUSIP: 13013JDR4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   6100000 | PA      | $6541066.60   | 0.26%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MONROEVILLE FINANCE AUTHORITY                                                    | MONROEVILLE PA FIN AUTH UPMC R MVEFIN 02/42 FIXED 4         | CUSIP: 611530DQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4060000 | PA      | $3838360.95   | 0.15%             | 2042-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION                                   | MARYLAND ST DEPT OF TRANSPRTN MDSTRN 10/32 FIXED 4          | CUSIP: 574204N82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1477987.47   | 0.06%             | 2032-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BBEUTL 10/35 FIXED 5          | CUSIP: 09182TGM3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  25000000 | PA      | $26492625.00  | 1.05%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK (FHLB)                                                    | FED HOME LN DISCOUNT NT DISCOUNT NOT 02/26 0.00000          | CUSIP: 313385TN6<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   9700000 | PA      | $9646962.53   | 0.38%             | 2026-02-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY OF BRIDGEPORT CT                                                            | BRIDGEPORT CT BRI 08/27 FIXED 5                             | CUSIP: 108152GS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2690000 | PA      | $2789210.43   | 0.11%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS MUNICIPAL GAS ACQUISITION AND SUPPLY CORPORATION I                         | TEXAS ST MUNI GAS ACQUISITION TXSUTL 12/26 FLOATING VAR     | CUSIP: 88256CAX7<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500910.25   | 0.10%             | 2026-12-15      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO HOUSING TRUST PUBLIC FACILITY CORP                                   | SAN ANTONIO TX HSG TRUST PUBLI SAHMFH 03/43 FIXED 4.55      | CUSIP: 79626WAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5045416.50   | 0.20%             | 2043-03-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| PUBLIC ENERGY AUTHORITY OF KENTUCKY INC                                          | KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 01/55 ADJUSTABLE VAR  | CUSIP: 74440DFC3<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1937434.32   | 0.08%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| INLIVIAN                                                                         | INLIVIAN NC MF TAX EXEMPT MTGE INLMFH 06/41 FIXED 4.45      | CUSIP: 45753EAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2978731 | PA      | $3045905.26   | 0.12%             | 2041-06-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BBEUTL 12/55 ADJUSTABLE VAR   | CUSIP: 09182TGC5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3531649.44   | 0.14%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LAMAR CONSOLIDATED INDEPENDENT SCHOOL DISTRICT                                   | LAMAR TX CONSOL INDEP SCH DIST LAMSCD 02/37 FIXED 5         | CUSIP: 513174K92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1683574.35   | 0.07%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE VALLEY REGIONAL FINANCE AUTHORITY                                       | DELAWARE VLY PA REGL FIN AUTH DLVGEN 06/37 FLOATING VAR     | CUSIP: 246579JK3<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3781215.20   | 0.15%             | 2037-06-01      | Floating      | 3.47%                 | No            |                  2 | On Loan: No      |
| CITY OF DALLAS HOUSING FINANCE CORPORATION                                       | MULTIFAMILY MORTGAGE BONDS MFMB 2025 04FN PT                | CUSIP: 235298CA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2949181.39   | 0.12%             | 2043-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUBLIC FACILITIES AUTHORITY                                            | LOUISIANA PUB FACS AUTH REVENU LASFAC 10/36 FIXED 5         | CUSIP: 546399QF6<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1107486.10   | 0.04%             | 2036-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAMAR CONSOLIDATED INDEPENDENT SCHOOL DISTRICT                                   | LAMAR TX CONSOL INDEP SCH DIST LAMSCD 02/38 FIXED 5         | CUSIP: 513174L26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2229896.60   | 0.09%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MEDFORD ORE HOSP FACS AUTH REV                                                   | MEDFORD OR HOSP FACS AUTH REVE MFDMED 08/35 FIXED 5         | CUSIP: 584283GT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1612363.65   | 0.06%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA TURNPIKE COMMISSION                                                 | PENNSYLVANIA ST TURNPIKE COMMI PASTRN 12/43 FIXED 4         | CUSIP: 709225CB0<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1985792.80   | 0.08%             | 2043-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH REV                                                       | IDAHO ST HLTH FACS AUTH REVENU IDSMED 03/60 ADJUSTABLE VAR  | CUSIP: 451295H69<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3535763.52   | 0.14%             | 2060-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CONROE INDEPENDENT SCHOOL DISTRICT                                               | CONROE TX INDEP SCH DIST CONSCD 02/39 FIXED 5               | CUSIP: 2084185E9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5300000 | PA      | $6010123.68   | 0.24%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF PHOENIX CIVIC IMPROVEMENT CORP                                           | PHOENIX AZ CIVIC IMPT CORP ARP PHOAPT 07/34 FIXED OID 3.125 | CUSIP: 71883MMT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $421155.92    | 0.02%             | 2034-07-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| GRAND TRAVERSE COUNTY HOSPITAL FINANCE AUTHORITY                                 | GRAND TRAVERSE CNTY MI HOSP FI GTVMED 07/30 FIXED 5         | CUSIP: 386523JB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1869029.98   | 0.07%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 01/38 FIXED 3.875     | CUSIP: 63607WAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4854166 | PA      | $4693046.00   | 0.19%             | 2038-01-20      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JEA ELECTRIC SYSTEM REVENUE                                                      | JEA FL ELEC SYS REVENUE JEA A REV REF                       | CUSIP: 46613SSL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $5245625.25   | 0.21%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST ENERGY RESH & DEV FACS REV                                           | NEW YORK ST ENERGY RESEARCH NYSPWR 10/29 FIXED 3.5          | CUSIP: 649845HD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3029324.10   | 0.12%             | 2029-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ENERGY ACQUISITION CORPORATION                                         | TENNESSEE ST ENERGY ACQUISITIO TNSUTL 02/27 FIXED 5         | CUSIP: 880443EE2<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3030214.20   | 0.12%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIDLAND COUNTY HOSPITAL DISTRICT                                                 | MIDLAND CNTY TX HOSP DIST MIDMED 05/44 FIXED OID 4          | CUSIP: 597503EH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $683664.34    | 0.03%             | 2044-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FREDDIE MAC MULTIFAMILY FRETE 2024 ML21 AUS                 | CUSIP: 3137HC2E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   6653750 | PA      | $6741673.08   | 0.27%             | 2041-08-25      | Fixed         | 4.52%                 | Yes           |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                | SOUTHEAST ENERGY AUTH AL COMMO SEEPWR 01/54 ADJUSTABLE VAR  | CUSIP: 84136GAK1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   5950000 | PA      | $6293751.73   | 0.25%             | 2054-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 02/26 0.00000                                 | CUSIP: 912797SJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $498443.87    | 0.02%             | 2026-02-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY OF DETROIT MI SEWAGE DISPOSAL SYSTEM REVENUE                                | DETROIT MI SWR DISP SYS REVENU DETUTL 07/32 FLOATING VAR    | CUSIP: 251237W66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2991420.60   | 0.12%             | 2032-07-01      | Floating      | 3.23%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY & PHOENIX AZ INDL MTG REV                                          | MARICOPA CNTY   PHOENIX AZ IND MARDEV 03/56 FIXED 5.75      | CUSIP: 566736JX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2890000 | PA      | $3191898.94   | 0.13%             | 2056-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GRANT COUNTY PUBLIC UTILITY DISTRICT NO 2 PRIEST RAPIDS HYDROELECTRIC PROJECT    | GRANT CNTY WA PUBLIC UTIL DIST GRAPWR 01/36 FIXED 5         | CUSIP: 387883A35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1426212.99   | 0.06%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALDINE INDEPENDENT SCHOOL DISTRICT                                               | ALDINE TX INDEP SCH DIST ALDSCD 02/40 FIXED 5               | CUSIP: 014393A36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4420184.40   | 0.17%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORLANDO UTILITIES COMMISSION                                                     | ORLANDO FL UTILITIES COMMISSIO ORLUTL 10/46 ADJUSTABLE VAR  | CUSIP: 686507JQ8<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3216689.35   | 0.13%             | 2046-10-01      | Variable      | 1.25%                 | No            |                  2 | On Loan: No      |
| CITY OF DALLAS HOUSING FINANCE CORPORATION                                       | DALLAS TX HSG FIN CORP DALMFH 04/41 FIXED 4.45              | CUSIP: 235298BZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1990000 | PA      | $2034358.89   | 0.08%             | 2041-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORPORATION                                             | SALES TAX SECURITIZATION CORP STSGEN 01/37 FIXED 5          | CUSIP: 79467BBH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1386950.85   | 0.05%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE FL TRANSIT SYSTEM                                           | MIAMI DADE CNTY FL TRANSIT SAL MIATRN 07/33 FIXED 4         | CUSIP: 59334PGF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3013604.10   | 0.12%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH REVENUES NYSHGR 05/45 FIXED OID 4     | CUSIP: 65000BNF1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   4740000 | PA      | $4432787.80   | 0.18%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 01/26 0.00000                                 | CUSIP: 912797RJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1200000 | PA      | $1198468.49   | 0.05%             | 2026-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ALASKA HOUSING FINANCE CORPORATION                                               | ALASKA ST HSG FIN CORP AKSHSG 12/33 FIXED 5                 | CUSIP: 011839YU5<br>LEI: 549300HJ8NOJNYW6ER36 | Long             | DBT              | MUN               | US        |   1905000 | PA      | $2113939.26   | 0.08%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                             | COLORADO ST HLTH FACS AUTH REV COSMED 11/48 FIXED 4         | CUSIP: 19648FGQ1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5409281.40   | 0.21%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                          | MUNI ELEC AUTH OF GA MELPWR 01/33 FIXED 5                   | CUSIP: 62620HJL7<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2824139.50   | 0.11%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH DAKOTA HOUSING FINANCE AGENCY                                              | NORTH DAKOTA ST HSG FIN AGY NDSMFH 01/56 FIXED 6            | CUSIP: 65889BCG7<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2920789.19   | 0.12%             | 2056-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FING PASMED 03/60 ADJUSTABLE VAR   | CUSIP: 70870JGX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6900000 | PA      | $7617611.73   | 0.30%             | 2060-03-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ENERGY FINANCE DEVELOPMENT CORPORATION                                  | NEW YORK ENERGY FIN DEV CORP NYEFAC 07/56 ADJUSTABLE VAR    | CUSIP: 64947PAA4<br>LEI: 254900PRGXZMJ912RI65 | Long             | DBT              | MUN               | US        |   5800000 | PA      | $6150105.40   | 0.24%             | 2056-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK (FHLB)                                                    | FED HOME LN DISCOUNT NT DISCOUNT NOT 02/26 0.00000          | CUSIP: 313385TF3<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   2500000 | PA      | $2488039.23   | 0.10%             | 2026-02-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA COUNTY INDUSTRIAL DEV                                                   | MARICOPA CNTY AZ INDL DEV AUTH MARDEV 01/53 ADJUSTABLE VAR  | CUSIP: 56682HDV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8879547.10   | 0.35%             | 2053-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI RETMNT FAC PUBFIN 10/30 FIXED 4          | CUSIP: 74444VBL3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    265000 | PA      | $273065.65    | 0.01%             | 2030-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS COALITION                                                    | SOUTH CAROLINA ST JOBS ECON DE SCSMED 11/49 ADJUSTABLE VAR  | CUSIP: 83703EMU6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $10011123.00  | 0.40%             | 2049-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TEX CULTURAL ED                                                      | HARRIS CNTY TX CULTURAL EDU FA HAREDU 10/41 ADJUSTABLE VAR  | CUSIP: 414009RB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13400000 | PA      | $13400000.00  | 0.53%             | 2041-10-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA FIN AUTH IN WSTWTR UTI INSUTL 10/37 FIXED 5         | CUSIP: 45505MNU6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    800000 | PA      | $898463.68    | 0.04%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST ILS 09/42 FIXED 5                               | CUSIP: 452153PC7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7912250.25   | 0.31%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS PRIVATE ACTIVITY SURFACE TRANSPORTATION CORP                               | TEXAS ST PRIV ACTIVITY BOND SU TXSTRN 06/37 FIXED 4         | CUSIP: 882667BP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2950000 | PA      | $2977288.98   | 0.12%             | 2037-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 05/43 FIXED 5           | CUSIP: 45204EL97<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   5300000 | PA      | $5401606.83   | 0.21%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA HOUSING FINANCE CORPORATION                                              | FLORIDA ST HSG FIN CORP MF MTG FLSMFH 11/42 ADJUSTABLE VAR  | CUSIP: 34074HHD7<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3029808.30   | 0.12%             | 2042-11-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                                  | CALIFORNIA CMNTY CHOICE FING A CCEDEV 10/55 ADJUSTABLE VAR  | CUSIP: 13013JGR1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5400000 | PA      | $5603078.88   | 0.22%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF JEFFERSON AL SEWER REVENUE                                             | JEFFERSON CNTY AL SWR REVENUE JEFUTL 10/31 FIXED 5          | CUSIP: 472682ZA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3866108.40   | 0.15%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN JOAQUIN VALLEY CLEAN ENERGY AUTHORITY                                        | SAN JOAQUIN VLY CLEAN ENERGY A SSJUTL 01/56 ADJUSTABLE VAR  | CUSIP: 79811YAK4<br>LEI: 254900VA5DFN33OVGH87 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3728400.72   | 0.15%             | 2056-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| FARMINGTON N.M. POLLUTION CONTROL                                                | FARMINGTON NM POLL CONTROL REV FARPOL 06/40 ADJUSTABLE VAR  | CUSIP: 311450GE4<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5083854.00   | 0.20%             | 2040-06-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE HIGHER ED & HEALTH                                                 | NEW HAMPSHIRE ST HLTH   EDU FA NHSMED 08/33 FIXED 5         | CUSIP: 64461XLR4<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4534222.40   | 0.18%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                             | COLORADO ST HLTH FACS AUTH REV CO HLTH FACS AUTH A          | CUSIP: 19648FYN8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   5800000 | PA      | $6264049.30   | 0.25%             | 2059-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI BUSINESS FIN CORP                                                    | MISSISSIPPI ST BUSINESS FIN CO MSSDEV 09/28 FIXED 3.2       | CUSIP: 605277AL6<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500259.95   | 0.06%             | 2028-09-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| LAMAR CONSOLIDATED INDEPENDENT SCHOOL DISTRICT                                   | LAMAR TX CONSOL INDEP SCH DIST LAMSCD 02/39 FIXED 5         | CUSIP: 513174L34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5526159.00   | 0.22%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FORT BEND INDEPENDENT SCHOOL DISTRICT                                            | FORT BEND TX INDEP SCH DIST FORSCD 08/55 ADJUSTABLE VAR     | CUSIP: 346843WS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  24000000 | PA      | $24547812.00  | 0.97%             | 2055-08-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 01/26 0.00000                                 | CUSIP: 912797SE8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $1999233.34   | 0.08%             | 2026-01-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PORT OF GREATER CINCINNATI DEVELOPMENT AUTHORITY                                 | PORT OF GTR CINCINNATI DEV AUT PRTDEV 12/36 FIXED 5         | CUSIP: 734195EP1<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    380000 | PA      | $427468.35    | 0.02%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                           | PUERTO RICO SALES TAX FING COR PRCGEN 07/40 FIXED 4.329     | CUSIP: 74529JRJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   3700000 | PA      | $3624638.03   | 0.14%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| CITY OF SAN ANTONIO TX ELECTRIC & GAS SYSTEMS REVENUE                            | SAN ANTONIO TX ELEC   GAS REVE SANUTL 02/36 FIXED 5         | CUSIP: 79625GJG9<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $4017648.25   | 0.16%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH ACT 38 FA MGFFAC 02/39 FIXED 5         | CUSIP: 59447NAW6<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1401289.59   | 0.06%             | 2039-02-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BBEUTL 06/49 ADJUSTABLE VAR   | CUSIP: 09182TCR6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2954862.12   | 0.12%             | 2049-06-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                             | COLORADO ST HLTH FACS AUTH REV COSMED 08/44 FIXED 5         | CUSIP: 19648FKS2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1385398.83   | 0.05%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 02/26 0.00000                                 | CUSIP: 912797SQ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  16900000 | PA      | $16835328.43  | 0.67%             | 2026-02-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN STATE HOSPITAL FINANCE AUTHORITY                                        | MICHIGAN ST HOSP FIN AUTH MISMED 08/35 FIXED 5              | CUSIP: 59465HWT9<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   4600000 | PA      | $5312778.28   | 0.21%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA INCOME TAX REVENUE                                          | DIST OF COLUMBIA INCOME TAX SE DISGEN 06/28 FIXED 5         | CUSIP: 25477GXU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $9007240.90   | 0.36%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHOE CNTY NEV SCH DIST                                                         | WASHOE CNTY NV SCH DIST WASSCD 06/41 FIXED OID 4.125        | CUSIP: 940859NF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4235000 | PA      | $4312680.06   | 0.17%             | 2041-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FEDERAL HOME LOAN MTGE CORP MU FEDMFH 12/36 ADJUSTABLE VAR  | CUSIP: 3137HB2V5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   8332786 | PA      | $8360748.29   | 0.33%             | 2036-12-25      | Variable      | 4.03%                 | No            |                  2 | On Loan: No      |
| GARLAND HOUSING FINANCE CORPORATION                                              | GARLAND TX HSG FIN CORP MF HSG GARHSG 01/43 FIXED 4.61      | CUSIP: 366144AL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1097000 | PA      | $1112688.75   | 0.04%             | 2043-01-01      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ALABAMA GAS SUPPLY DISTRICT/THE                                        | S E ALABAMA ST GAS SPLY DIST G SOUUTL 06/49 ADJUSTABLE VAR  | CUSIP: 84131TBT8<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4723729.12   | 0.19%             | 2049-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS STATE TOLL HIGHWAY AUTHORITY                                            | ILLINOIS ST TOLL HIGHWAY AUTH ILSTRN 01/45 FIXED 5          | CUSIP: 452252PQ6<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |  14400000 | PA      | $14897139.84  | 0.59%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                           | CALIFORNIA ST MUNI FIN AUTH MU CASGEN 11/40 ADJUSTABLE VAR  | CUSIP: 13050WAD3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   5093121 | PA      | $5103551.18   | 0.20%             | 2040-11-20      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES & COMMUNITY DEVELOPMENT AUTH | LOUISIANA ST LOCAL GOVT ENVRNM LASFAC 08/28 FIXED 5         | CUSIP: 546275AD0<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1240136.52   | 0.05%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COBB COUNTY KENNESTONE HOSPITAL AUTHORITY                                        | COBB CNTY GA KENNESTONE HOSP A COBMED 04/42 FIXED OID 5     | CUSIP: 190813TF2<br>LEI: 549300TB04LETJYNFR44 | Long             | DBT              | MUN               | US        |   2875000 | PA      | $3057508.16   | 0.12%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF HUMBOLDT NV                                                            | HUMBOLDT CNTY NV POLL CONTROL HUMPOL 10/29 FIXED 3.55       | CUSIP: 445199AQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2041866.20   | 0.08%             | 2029-10-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 01/56 ADJUSTABLE VAR  | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   6600000 | PA      | $6881758.62   | 0.27%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA ST FIN AUTH POLL CONTR INSPOL 11/30 FIXED 2.5       | CUSIP: 45505VAE6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3825000 | PA      | $3668521.16   | 0.15%             | 2030-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HIGHER ED FACS AUTH REV                                            | WASHINGTON ST HGR EDU FACS AUT WASHGR 05/37 FIXED 4         | CUSIP: 939781Y46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3055000 | PA      | $3058035.45   | 0.12%             | 2037-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT                           | MARYLAND CMNTY DEV ADMIN HSG MCDHSG 09/56 FIXED 6.25        | CUSIP: 57419UZU5<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |   6900000 | PA      | $7717351.92   | 0.31%             | 2056-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUBLIC FACILITIES AUTHORITY                                            | LOUISIANA PUB FACS AUTH REVENU LASFAC 04/50 FIXED 4         | CUSIP: 546399PF7<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1980000 | PA      | $1738738.19   | 0.07%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK (FHLB)                                                    | FED HOME LN DISCOUNT NT DISCOUNT NOT 03/26 0.00000          | CUSIP: 313385UM6<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |  30400000 | PA      | $30165844.00  | 1.19%             | 2026-03-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DALLAS INDEPENDENT SCHOOL DISTRICT                                               | DALLAS TX INDEP SCH DIST DALSCD 02/55 ADJUSTABLE VAR        | CUSIP: 235308Q71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12500000 | PA      | $13581558.75  | 0.54%             | 2055-02-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MIDLAND COUNTY HOSPITAL DISTRICT                                                 | MIDLAND CNTY TX HOSP DIST MIDMED 05/42 FIXED OID 4          | CUSIP: 597503EF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1311289.07   | 0.05%             | 2042-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC MULTIFAMILY VRD CERTIFICATES                                               | FEDERAL HOME LOAN MTGE CORP MF FEDMFH 11/42 ADJUSTABLE VAR  | CUSIP: 31350ADR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15424022 | PA      | $15145885.51  | 0.60%             | 2042-11-25      | Variable      | 4.53%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                           | PUERTO RICO SALES TAX FING COR PRCGEN 07/51 ZEROCPNOID 0    | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  26355000 | PA      | $6626835.61   | 0.26%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP                                                                    | TENNERGY CORP TN GAS REVENUE TGYPWR 10/53 ADJUSTABLE VAR    | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6438494.40   | 0.25%             | 2053-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY                                 | CALIFORNIA ST HLTH FACS FING A CASMED 03/39 FIXED 4         | CUSIP: 13032UGL6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1460942.55   | 0.06%             | 2039-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 11/37 FIXED 5          | CUSIP: 64972JSV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $5147617.50   | 0.20%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | WASHINGTON ST HSG FIN COMMISSI WASHSG 04/37 FIXED 3.375     | CUSIP: 93978T4M8<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   4110231 | PA      | $3892079.35   | 0.15%             | 2037-04-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| HARTFORD COUNTY METROPOLITAN DISTRICT                                            | HARTFORD CNTY CT MET DIST HARFAC 07/29 FIXED 5              | CUSIP: 416489UU4<br>LEI: 549300CEZQKAR15IFS62 | Long             | DBT              | MUN               | US        |   1845000 | PA      | $1961177.25   | 0.08%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 02/40 FIXED 5          | CUSIP: 64971XU22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2623779.73   | 0.10%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENERGY SOUTHEAST A COOPERATIVE DISTRICT                                          | ENERGY S E AL A COOPERATIVE 07/54 1                         | CUSIP: 292723BN2<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   4700000 | PA      | $5116796.00   | 0.20%             | 2054-07-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH REVENUE MISFIN 04/30 FIXED 5           | CUSIP: 59447T3K7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2193012.00   | 0.09%             | 2030-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF GREATER CINCINNATI DEVELOPMENT AUTHORITY                                 | PORT OF GTR CINCINNATI DEV AUT PRTDEV 12/39 FIXED 5         | CUSIP: 734195ES5<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    430000 | PA      | $473748.50    | 0.02%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF MICHIGAN TRUNK LINE REVENUE                                             | MICHIGAN ST TRUNK LINE MISTRN 11/38 FIXED 5                 | CUSIP: 5946954G0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $2031277.32   | 0.08%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY                                   | NEW JERSEY ST TRANSPRTN TRUST NJSTRN 06/37 FIXED 5          | CUSIP: 64613CDZ8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3800000 | PA      | $4269339.90   | 0.17%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA ST FIN AUTH HLTH FAC R INSMED 03/31 FIXED 5         | CUSIP: 45471CCZ9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    600000 | PA      | $656322.36    | 0.03%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO HIGHER EDUCATIONAL FACILITY COMMISSION                                      | OHIO ST HGR EDUCTNL FAC COMMIS OHSEDU 02/42 FIXED 5         | CUSIP: 67756DW51<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1824890.67   | 0.07%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ISLE WIGHT COUNTY INDUSTRIAL D                                                   | ISLE OF WHITE CNTY VA ECON DEV ILWDEV 07/36 FIXED 5         | CUSIP: 464637AL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $1042515.05   | 0.04%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS STATE TOLL HIGHWAY AUTHORITY                                            | ILLINOIS ST TOLL HIGHWAY AUTH ILSTRN 01/40 FIXED 5          | CUSIP: 452252KS7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2101979.25   | 0.08%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                           | PUERTO RICO SALES TAX FING COR PRCGEN 07/58 FIXED OID 5     | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1000000 | PA      | $964387.00    | 0.04%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY                                   | NEW JERSEY ST TRANSPRTN TRUST NJSTRN 12/36 FIXED 5          | CUSIP: 6461364H1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1448555.78   | 0.06%             | 2036-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST ILS 05/32 FIXED 5                               | CUSIP: 452153JP5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5571429.50   | 0.22%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY OF                                                                 | NEW YORK NY NYC 06/44 ADJUSTABLE VAR                        | CUSIP: 64966LU41<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.20%             | 2044-06-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| DADE CNTY FLA SCH DIST                                                           | MIAMI DADE CNTY FL SCH DIST MIASCD 03/52 FIXED 5            | CUSIP: 59333RLR3<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5112315.00   | 0.20%             | 2052-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SAN ANTONIO TX ELECTRIC & GAS SYSTEMS REVENUE                            | SAN ANTONIO TX ELEC   GAS REVE SANUTL 02/40 FIXED 5         | CUSIP: 79625GKV4<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1526083.63   | 0.06%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SAN ANTONIO TX ELECTRIC & GAS SYSTEMS REVENUE                            | SAN ANTONIO TX ELEC   GAS REVE SANUTL 02/55 ADJUSTABLE VAR  | CUSIP: 79625GNE9<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |  11500000 | PA      | $11543729.90  | 0.46%             | 2055-02-01      | Variable      | 3.08%                 | No            |                  2 | On Loan: No      |
| FRANKLIN PUBLIC SCHOOL DISTRICT                                                  | FRANKLIN WI PUBLIC SCH DIST FRASCD 04/40 FIXED 5            | CUSIP: 355188KW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6180000 | PA      | $6752274.80   | 0.27%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA HOUSING FINANCE AGENCY                                            | NORTH CAROLINA HSG FIN AGY HOM NCSHSG 01/56 FIXED 6.5       | CUSIP: 65820BCH7<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   4100000 | PA      | $4689486.52   | 0.19%             | 2056-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS INC GA MAIUTL 12/52 ADJUSTABLE VAR  | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3138321.00   | 0.12%             | 2052-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH BRIDGE & TUNNEL AUTHORITY SALES TAX REVENUE                           | TRIBOROUGH NY BRIDGE   TUNNEL TRITRN 05/62 FIXED 5.25       | CUSIP: 896035BG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5187253.00   | 0.21%             | 2062-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 11/42 ADJUSTABLE VAR   | CUSIP: 64971WCT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20000000.00  | 0.79%             | 2042-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| EP TUSCANY ZARAGOSA PFC                                                          | EP TUSCANY ZARAGOSA PFC TX EPTMFH 12/33 FIXED OID 4         | CUSIP: 29414WAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5012535.00   | 0.20%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON HEALTH CARE FACILITIES AUTHORITY                                      | WASHINGTON ST HLTH CARE FACS A WASMED 08/44 FIXED 4         | CUSIP: 93978HVT9<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1816505.20   | 0.07%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK (FHLB)                                                    | FED HOME LN DISCOUNT NT DISCOUNT NOT 04/26 0.00000          | CUSIP: 313385VJ2<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   3900000 | PA      | $3861758.32   | 0.15%             | 2026-04-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| RUTHERFORD COUNTY HEALTH & EDU                                                   | RUTHERFORD CNTY TN HLTH   EDUC RUTMED 11/48 ADJUSTABLE VAR  | CUSIP: 78324PAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $6016798.15   | 0.24%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PERMANENT UNIVERSITY FUND - UNIVERSITY OF TEXAS SYSTEM                           | UNIV OF TEXAS TX PERMANENT UNI UNIHGR 07/38 FIXED 5         | CUSIP: 915130BK3<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   3600000 | PA      | $4092295.68   | 0.16%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE                                        | HOUSTON TX ARPT SYS REVENUE HOUAPT 07/30 FIXED 5            | CUSIP: 442349BH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3483116.67   | 0.14%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF MINNEAPOLIS MINNESOTA                                                    | MINNEAPOLIS MN HLTH CARE SYS R MINMED 11/52 ADJUSTABLE VAR  | CUSIP: 60374VEW9<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   3060000 | PA      | $3226309.47   | 0.13%             | 2052-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO AIR QUALITY DEVELOPMENT AUTHORITY                                           | OHIO ST AIR QUALITY DEV AUTH OHSDEV 06/33 FIXED 4.75        | CUSIP: 677525WA1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   8950000 | PA      | $9402614.93   | 0.37%             | 2033-06-01      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| UTAH HSG CORP SINGLE FAMILY MTG REV                                              | UTAH HSG CORP SF MTGE REVENUE UTSSFH 07/55 FIXED 6.5        | CUSIP: 917437TB1<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   3790000 | PA      | $4325893.11   | 0.17%             | 2055-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JEA WATER & SEWER SYSTEM REVENUE                                                 | JEA FL WTR   SWR REVENUE JACUTL 10/39 FIXED 4               | CUSIP: 46615SDM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018309.70   | 0.04%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TEXAS WATER DEVELOPMENT BOARD                                                    | TEXAS WTR DEV BRD REVENUE TXSWTR 10/39 FIXED 4.6            | CUSIP: 88285ADM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2045000 | PA      | $2184832.81   | 0.09%             | 2039-10-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BARTOW COUNTY DEVELOPMENT AUTHORITY                                              | BARTOW CNTY GA DEV AUTH BTWPOL 09/29 FIXED 1.8              | CUSIP: 069643BL7<br>LEI: 5493006KLI0V8YELKW50 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1854859.00   | 0.07%             | 2029-09-01      | Variable      | 1.80%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA                                                             | DIST OF COLUMBIA UNIV REVENUE DISHGR 04/60 ADJUSTABLE VAR   | CUSIP: 25484JDJ6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $14694330.30  | 0.58%             | 2060-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 03/26 0.00000                                 | CUSIP: 912797SC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  70000000 | PA      | $69433151.90  | 2.75%             | 2026-03-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST INDEPENDENT SCHOOL DISTRICT                                            | S W TX INDEP SCH DIST SWXSCD 02/43 FIXED 4                  | CUSIP: 845267D67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2496583.00   | 0.10%             | 2043-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | WASHINGTON ST HSG FIN COMMISSI WASHSG 07/37 FIXED 5         | CUSIP: 93978LJG2<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1613274.75   | 0.06%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HENRICO COUNTY ECONOMIC DEVELO                                                   | HENRICO CNTY VA ECON DEV AUTH HENMED 11/35 FIXED 5          | CUSIP: 42605XAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4620533.60   | 0.18%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 01/26 0.00000                                 | CUSIP: 912797RA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $200000.00    | 0.01%             | 2026-01-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE                                                                 | CALIFORNIA ST CAS 09/43 FIXED OID 4                         | CUSIP: 13063D5S3<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3117124.71   | 0.12%             | 2043-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EAST BATON ROUGE SEWERAGE COMMISSION                                             | E BATON ROUGE PARISH LA SWR CO EASUTL 02/45 FIXED 4         | CUSIP: 270618FQ9<br>LEI: 5493006BC84VNIRSCG97 | Long             | DBT              | MUN               | US        |  13100000 | PA      | $12819449.09  | 0.51%             | 2045-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                             | COLORADO ST HLTH FACS AUTH REV COSMED 11/37 FIXED 5.25      | CUSIP: 19648FWM2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1597088.87   | 0.06%             | 2037-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA PUBLIC SERVICES AUTHORITY (AKA: SANTEE COOPER)                    | SOUTH CAROLINA ST PUBLIC SVC A SC PUB SVC AUTH A            | CUSIP: 8371514F3<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3203027.10   | 0.13%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BBEUTL 02/53 ADJUSTABLE VAR   | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5280624.00   | 0.21%             | 2053-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| CITY OF GRAND FORKS                                                              | GRAND FORKS ND HLTH CARE SYS R GRAMED 12/36 FIXED 5         | CUSIP: 38546WEF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1157406.92   | 0.05%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY STATE                                                                 | NEW JERSEY ST NJS 06/26 FIXED 5                             | CUSIP: 646039YK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2020191.80   | 0.08%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                | ARLINGTON CNTY VA INDL DEV AUT ARLMED 07/53 ADJUSTABLE VAR  | CUSIP: 041438HF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3244420.50   | 0.13%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON HIGHER EDUCATION FINAN                                                   | CLIFTON TX HGR EDU FIN CORP ED CLIEDU 02/44 FIXED 5.25      | CUSIP: 187145VN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4450000 | PA      | $4743363.14   | 0.19%             | 2044-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY                                 | CALIFORNIA ST HLTH FACS FING A CASMED 10/36 FIXED 4         | CUSIP: 13032UFL7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001461.40   | 0.04%             | 2036-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEWARK HIGHER EDUCATION FINANCE CORPORATION                                      | NEWARK HGR EDU FIN CORP TX EDU NEWEDU 08/40 FIXED 5         | CUSIP: 650346GS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $1035137.96   | 0.04%             | 2040-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH BRIDGE AND TUNNEL AUTHORITY                                           | TRIBOROUGH NY BRIDGE   TUNNEL TRBTRN 11/32 FIXED 5          | CUSIP: 89602HEY9<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4816034.16   | 0.19%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                            | WISCONSIN ST HLTH   EDUCTNL FA WISMED 11/46 FIXED 4         | CUSIP: 97712JMW0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2015000 | PA      | $1852680.47   | 0.07%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | WASHINGTON ST HSG FIN COMMISSI WA ST HSG FIN COMM 1         | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   4662231 | PA      | $4575610.02   | 0.18%             | 2040-03-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK                                  | INDIANAPOLIS IN LOCAL PUBLIC I 02/48 6                      | CUSIP: 45528U7V7<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4452926.00   | 0.18%             | 2048-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 05/46 FIXED 5          | CUSIP: 64972JNM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8379964.80   | 0.33%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO WATER DEVELOPMENT AUTHORITY                                                 | OHIO ST WTR DEV AUTH REV 12/38 5                            | CUSIP: 67765QNH5<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1414843.25   | 0.06%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                          | MUNI ELEC AUTH OF GEORGIA MELPWR 01/27 FIXED 5              | CUSIP: 6262076R0<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    200000 | PA      | $203329.48    | 0.01%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY                               | S ESTRN PA TRANSPRTN AUTH SEPTRN 06/31 FIXED 5              | CUSIP: 842039FB0<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1126181.10   | 0.04%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF NEVADA                                                                  | NEVADA ST NVS 05/40 FIXED 5                                 | CUSIP: 641462SJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11091258.00  | 0.44%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN FIN AUTH ACT 08/34 5                               | CUSIP: 59447NAQ9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1930000 | PA      | $2185445.54   | 0.09%             | 2034-08-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ISLE WIGHT COUNTY INDUSTRIAL D                                                   | ISLE OF WHITE CNTY VA ECON DEV ILWDEV 07/38 FIXED 5         | CUSIP: 464637AN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $665035.14    | 0.03%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK POWER AUTHORITY                                                         | NEW YORK ST PWR AUTH GREEN TRA NYSPWR 11/36 FIXED 5         | CUSIP: 65000XBK5<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1157971.00   | 0.05%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF PHILADELPHIA PA                                                          | PHILADELPHIA PA PHI 02/31 FIXED 5                           | CUSIP: 717813XF1<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2704479.75   | 0.11%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN STATE BUILDING AUTHORITY                                                | MICHIGAN ST BLDG AUTH REVENUE MISFAC 10/37 FIXED 5          | CUSIP: 594615LJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1127848.90   | 0.04%             | 2037-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO BRIDGE & TUNNEL ENTERPRISE                                              | COLORADO BRIDGE   TUNNEL ENTER CBTTRN 12/49 FIXED 5.25      | CUSIP: 19633TAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $319277.97    | 0.01%             | 2049-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA ST FIN AUTH HLTH FAC R INSMED 03/32 FIXED 5         | CUSIP: 45471CDA3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    700000 | PA      | $775190.99    | 0.03%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS STATE                                                              | MASSACHUSETTS ST MAS 04/42 FIXED 5                          | CUSIP: 57582TCK6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2201912.00   | 0.09%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST ILS 03/37 FIXED 5                               | CUSIP: 452153AR0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   5860000 | PA      | $6254862.04   | 0.25%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NASSAU CNTY N Y                                                                  | NASSAU CNTY NY NAS 04/26 FIXED 5                            | CUSIP: 63165TWG6<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1368598.87   | 0.05%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAYS CONSOLIDATED INDEPENDENT SCHOOL DISTRICT                                    | HAYS TX CONSOL INDEP SCH DIST HAYSCD 02/36 FIXED 5          | CUSIP: 4211107S0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1706935.38   | 0.07%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FREDDIE MAC MULTIFAMILY FRETE 2023 ML20 AUS                 | CUSIP: 3137HBCD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |  13107731 | PA      | $13268075.19  | 0.52%             | 2040-08-25      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 01/26 0.00000                                 | CUSIP: 912797SG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12600000 | PA      | $12577765.42  | 0.50%             | 2026-01-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 10/41 ADJUSTABLE VAR      | CUSIP: 74442PL52<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    890000 | PA      | $948930.64    | 0.04%             | 2041-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                           | PUERTO RICO SALES TAX FING COR PRCGEN 07/46 ZEROCPNOID 0    | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  50200000 | PA      | $16868495.16  | 0.67%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA ST FIN AUTH HLTH SYS R INSMED 10/57 ADJUSTABLE VAR  | CUSIP: 45470YGG0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3401190.00   | 0.13%             | 2057-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTERN MICHIGAN UNIVERSITY                                                      | WSTRN MI UNIV WMIHGR 11/33 FIXED 5                          | CUSIP: 958638ZY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2020000 | PA      | $2318012.62   | 0.09%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KATY INDEPENDENT SCHOOL DISTRICT                                                 | KATY TX INDEP SCH DIST KATSCD 02/39 FIXED 4                 | CUSIP: 486063D56<br>LEI: 254900H9QSKVP2HWVL72 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3309591.35   | 0.13%             | 2039-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLUMBUS REGIONAL AIRPORT AUTHORITY                                              | COLUMBUS OH REGL ARPT AUTH REV COLAPT 01/39 FIXED 5         | CUSIP: 199546DP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1125270.20   | 0.04%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF LONG BEACH CA AIRPORT SYSTEM REVENUE                                     | LONG BEACH CA ARPT REVENUE LONAPT 06/38 FIXED 5             | CUSIP: 542403DM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1122946.90   | 0.04%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY                                 | CALIFORNIA ST HLTH FACS FING A CASMED 12/31 FIXED 5         | CUSIP: 13032U4V7<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3579940.65   | 0.14%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                                           | IOWA ST FIN AUTH MIDWSTRN DISA IASGEN 12/50 ADJUSTABLE VAR  | CUSIP: 46246SAV7<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    800000 | PA      | $920753.20    | 0.04%             | 2050-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 02/26 0.00000                                 | CUSIP: 912797RL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   8400000 | PA      | $8371985.83   | 0.33%             | 2026-02-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 08/57 ADJUSTABLE VAR    | CUSIP: 45204FQD0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.20%             | 2057-08-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA FIN AUTH MIDWESTERN DI INDGEN 11/30 FIXED 4.25      | CUSIP: 45470CAG4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1541770.35   | 0.06%             | 2030-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TENNESSEE HOUSING DEVELOPMENT AGENCY                                             | TENNESSEE HSG DEV AGY RSDL FIN TNSHSG 01/56 FIXED 6         | CUSIP: 88046KQU3<br>LEI: 25490004PSQYQLFJGI76 | Long             | DBT              | MUN               | US        |   6600000 | PA      | $7269406.98   | 0.29%             | 2056-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NORTH TEXAS TOLLWAY AUTHORITY                                                    | N TX TOLLWAY AUTH REVENUE NRTTRN 01/31 FIXED 5              | CUSIP: 66285WP67<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4773352.60   | 0.19%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE HOUSING FINANCE AGENCY                                            | NEW YORK ST HSG FIN AGY NYSHSG 11/54 FIXED 4.2              | CUSIP: 64987DY57<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $5993879.45   | 0.24%             | 2054-11-01      | Fixed         | 4.20%                 | Yes           |                  2 | On Loan: No      |
| TRIBOROUGH BRIDGE AND TUNNEL AUTHORITY                                           | TRIBOROUGH NY BRIDGE   TUNNEL TRBGEN 12/33 FIXED 5          | CUSIP: 896032AJ8<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1171149.60   | 0.05%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE THRUWAY AUTHORITY                                                 | NEW YORK ST THRUWAY AUTH PERSO NYSTRN 03/42 FIXED 5         | CUSIP: 650028A45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4700576.82   | 0.19%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY                               | S ESTRN PA TRANSPRTN AUTH SEPTRN 06/42 FIXED 5.25           | CUSIP: 842039FN4<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4058107.13   | 0.16%             | 2042-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KENT STATE UNIVERSITY                                                            | KENT OH ST UNIV REVENUES KSUHGR 05/33 FIXED 5               | CUSIP: 490728F31<br>LEI: 549300HL3HX54032AG28 | Long             | DBT              | MUN               | US        |    510000 | PA      | $574615.67    | 0.02%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY BUILDING AID REVENUE                | NEW YORK CITY NY TRANSITIONAL NYCFAC 07/31 FIXED 5          | CUSIP: 64972HY30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1607804.78   | 0.06%             | 2031-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELECTRIC POWER AUTHORITY                                             | PUERTO RICO ELEC PWR AUTH PWRR PRCPWR 07/29 FLOATING VAR    | CUSIP: 74526QLY6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |    930000 | PA      | $901544.70    | 0.04%             | 2029-07-01      | Floating      | 3.15%                 | No            |                  2 | On Loan: No      |
| COLORADO STATE                                                                   | COLORADO ST COPS COSCTF 12/36 FIXED 4                       | CUSIP: 196711RL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3455000 | PA      | $3512528.86   | 0.14%             | 2036-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY BOND DEVELOPMENT CORPORATION                                            | KENTUCKY BOND DEV CORP HOSP RE KYSMED 08/55 ADJUSTABLE VAR  | CUSIP: 49121DAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $5008724.55   | 0.20%             | 2055-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 08/49 ADJUSTABLE VAR    | CUSIP: 45204FAH8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   7600000 | PA      | $7600000.00   | 0.30%             | 2049-08-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION TURNPIKE SYSTEM REVENUE            | FLORIDA ST TURNPIKE AUTH TURNP FLSTRN 07/48 FIXED 4         | CUSIP: 343137EC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4284790.20   | 0.17%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HONEOYE FALLS-LIMA CENTRAL SCHOOL DISTRICT                                       | HONEOYE FALLS LIMA NY CENTRL S HFLSCD 06/26 FIXED 4         | CUSIP: 438209MJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3018177.30   | 0.12%             | 2026-06-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TEXAS WATER DEVELOPMENT BOARD                                                    | TEXAS WTR DEV BRD REVENUE TXSWTR 10/29 FIXED 5              | CUSIP: 88285AAP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1311587.16   | 0.05%             | 2029-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 08/40 FIXED 4         | CUSIP: 645424AU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1951058.80   | 0.08%             | 2040-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/34 FIXED 2.746     | CUSIP: 38122NB50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1955000 | PA      | $1739611.39   | 0.07%             | 2034-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/PA                            | MONTGOMERY CNTY PA INDL DEV AU MONDEV 06/29 FIXED 4.1       | CUSIP: 61361TAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5721035.65   | 0.23%             | 2029-06-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS INC GA MAIUTL 06/53 ADJUSTABLE VAR  | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054673.60   | 0.04%             | 2053-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP ENHANCED RECEIPT                                 | FEDERAL HOME LOAN MORTGAGE COR FHL 11/35 FIXED 3.87         | CUSIP: 3137ERAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12509887 | PA      | $11420493.56  | 0.45%             | 2035-11-15      | Fixed         | 3.87%                 | Yes           |                  2 | On Loan: No      |
| KATY INDEPENDENT SCHOOL DISTRICT                                                 | KATY TX INDEP SCH DIST KATSCD 02/29 FIXED 5                 | CUSIP: 486063XC9<br>LEI: 254900H9QSKVP2HWVL72 | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1510730.12   | 0.06%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOOTHILL/EASTERN TOLL ROAD CA                                                    | FOOTHILL ESTRN TRANSPRTN CORRI FOOTRN 01/33 FIXED 4         | CUSIP: 345105JK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1067000 | PA      | $1124690.45   | 0.04%             | 2033-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY HOSPITAL DISTRICT                                                  | HARRIS CNTY TX HOSP DIST CTFS HARMED 02/41 FIXED 5          | CUSIP: 41415UBV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7800000 | PA      | $8451551.94   | 0.33%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF PHILADELPHIA PA                                                          | PHILADELPHIA PA PHI 05/37 FIXED 4                           | CUSIP: 717813YY9<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2777045.58   | 0.11%             | 2037-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PIERCE COUNTY SCHOOL DISTRICT NO 401 PENINSULA                                   | PIERCE CNTY WA SCH DIST  401 P PIESCD 12/37 FIXED 4         | CUSIP: 720577YE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2187856.62   | 0.09%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                                  | CALIFORNIA CMNTY CHOICE FING A CCEDEV 10/54 ADJUSTABLE VAR  | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1870000 | PA      | $2041515.65   | 0.08%             | 2054-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HEALTH & EDL BLDG CORP                                              | RHODE ISLAND ST HLTH   EDUCTNL RISMED 05/34 FIXED 5         | CUSIP: 762244LW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $7237600.50   | 0.29%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA                                                             | DIST OF COLUMBIA DIS 08/31 FIXED 5                          | CUSIP: 25476FF78<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3386475.90   | 0.13%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 02/26 0.00000                                 | CUSIP: 912797SS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1700000 | PA      | $1691182.20   | 0.07%             | 2026-02-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH COUNTY FLORIDA INDL DEV                                             | HILLSBOROUGH CNTY FLA INDL DEV FLDEV 11/54 ADJUSTABLE VAR   | CUSIP: 43233KAX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17000000 | PA      | $17000000.00  | 0.67%             | 2054-11-15      | Variable      | 0.30%                 | No            |                  2 | On Loan: No      |
| TSASC INC NY TOB                                                                 | TSASC INC NY TSA 06/26 FIXED 5                              | CUSIP: 898526EU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1279686.29   | 0.05%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENERGY NORTHWEST                                                                 | ENERGY N W WA ELEC REVENUE ENEPWR 07/41 FIXED 5             | CUSIP: 29270C6T7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3911500.25   | 0.15%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY                                   | BUCKEYE OH TOBACCO SETTLEMENT BUCGEN 06/36 FIXED 5          | CUSIP: 118217CS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2065000 | PA      | $2165874.84   | 0.09%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH REVENUES NYSHGR 07/40 FIXED 5         | CUSIP: 64985SBP7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1625939.25   | 0.06%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLORADO RIVER AUTHORITY EMPLOYEES UNITED C                                | LOWER COLORADO RIVER TX AUTH R LWCGEN 05/45 ADJUSTABLE VAR  | CUSIP: 54811GS35<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4427594.80   | 0.18%             | 2045-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES WATER AUTHORITY SEWAGE DISPOSAL SYSTEM REVENUE                       | GREAT LAKES MI WTR AUTH SEWAGE 07/37 5                      | CUSIP: 39081HEQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5657013.50   | 0.22%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP                                                                    | TENNERGY CORP TN GAS REVENUE TGYPWR 12/51 ADJUSTABLE VAR    | CUSIP: 880397BW3<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2034507.40   | 0.08%             | 2051-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK (FHLB)                                                    | FED HOME LN DISCOUNT NT DISCOUNT NOT 06/26 0.00000          | CUSIP: 313385XZ4<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   1900000 | PA      | $1870320.42   | 0.07%             | 2026-06-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MIDLAND COUNTY HOSPITAL DISTRICT                                                 | MIDLAND CNTY TX HOSP DIST MIDMED 05/39 FIXED 5              | CUSIP: 597503EC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1109326.90   | 0.04%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                          | MUNI ELEC AUTH OF GEORGIA MELPWR 01/31 FIXED 5              | CUSIP: 626207Y24<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1261928.04   | 0.05%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS STATE TOLL HIGHWAY AUTHORITY                                            | ILLINOIS ST TOLL HIGHWAY AUTH ILSTRN 01/30 FIXED 5          | CUSIP: 452252NF2<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2671865.00   | 0.11%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY OF                                                                 | NEW YORK NY NYC 12/47 ADJUSTABLE VAR                        | CUSIP: 64966ML98<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.40%             | 2047-12-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FREDDIE MAC MULTIFAMILY FRETE 2023 ML15 A                   | CUSIP: 3137HA4G8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |  10722849 | PA      | $10465318.29  | 0.41%             | 2040-01-25      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| OMAHA PUBLIC POWER DISTRICT                                                      | OMAHA NE PUBLIC PWR DIST ELEC OMAPWR 02/42 FIXED 5          | CUSIP: 682001LK6<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |   3625000 | PA      | $3917807.56   | 0.16%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND RIVER DAM AUTHORITY                                                        | GRAND RIVER OK DAM AUTH REVENU GRRPWR 06/37 FIXED 5         | CUSIP: 386442ZD2<br>LEI: 549300XGK5KWQHON4Q79 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1227780.40   | 0.05%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY WIS HOSPS & CLINICS AUTH REV                                          | UNIV HOSPS   CLINICS AUTH WI UNVMED 04/46 FIXED 4           | CUSIP: 915260ET6<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |   4440000 | PA      | $4204668.46   | 0.17%             | 2046-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LEAVENWORTH COUNTY UNIFIED SCHOOL DISTRICT NO 458                                | LEAVENWORTH CNTY KS UNIF SCH D LEASCD 09/41 FIXED 5         | CUSIP: 522218ML7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2105000 | PA      | $2222422.37   | 0.09%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF CLARK NV                                                               | CLARK CNTY NV HIGHWAY IMPT REV CLATRN 07/42 FIXED OID 4     | CUSIP: 181000UJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4996139.50   | 0.20%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE UNIFIED SCHOOL DISTRICT                                                | RIVERSIDE CA UNIF SCH DIST SPL RIVSCD 09/39 FIXED 5         | CUSIP: 769069U37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $527214.70    | 0.02%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 11/37 FIXED 5          | CUSIP: 64972JDF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $5087014.65   | 0.20%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO HIGHER EDUCATIONAL FACILITY COMMISSION                                      | OHIO ST HGR EDUCTNL FAC COMMIS OHSEDU 02/38 FIXED 5         | CUSIP: 67756DV94<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1682545.50   | 0.07%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 10/41 ADJUSTABLE VAR      | CUSIP: 74442PL60<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1403817.43   | 0.06%             | 2041-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| WORTHINGTON CITY SCHOOL DISTRICT                                                 | WORTHINGTON OH CITY SCH DIST WORSCD 12/32 ZEROCPNOID 0      | CUSIP: 982038TQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $695596.88    | 0.03%             | 2032-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TEX CULTURAL ED                                                      | HARRIS CNTY TX CULTURAL EDU FA HAREDU 07/54 FIXED 5         | CUSIP: 414009SP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6391158.00   | 0.25%             | 2054-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC MULTIFAMILY VRD CERTIFICATES                                               | FEDERAL HOME LOAN MTGE CORP MF FEDMFH 01/43 ADJUSTABLE VAR  | CUSIP: 31350ADW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20930147 | PA      | $21325294.02  | 0.84%             | 2043-01-25      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 11/35 FIXED 5          | CUSIP: 64972JQC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1175472.50   | 0.05%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY                                   | BUCKEYE OH TOBACCO SETTLEMENT BUCGEN 06/38 FIXED 4          | CUSIP: 118217CU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1830000 | PA      | $1794108.21   | 0.07%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CYPRESS-FAIRBANKS INDEPENDENT SCHOOL DISTRICT                                    | CYPRESS FAIRBANKS TX INDEP SCH CYSSCD 02/37 FIXED 5         | CUSIP: 232769MF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1515216.92   | 0.06%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENERGY SOUTHEAST A COOPERATIVE DISTRICT                                          | ENERGY S E AL A COOPERATIVE DI ESDPWR 04/54 ADJUSTABLE VAR  | CUSIP: 292723AY9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1662097.05   | 0.07%             | 2054-04-01      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| CITY OF SAN ANTONIO TX ELECTRIC & GAS SYSTEMS REVENUE                            | SAN ANTONIO TX ELEC   GAS REVE 02/40 5                      | CUSIP: 79625GKH5<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3317573.10   | 0.13%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCING CORPORATION                                         | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/31 FIXED 5         | CUSIP: 888808HG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7870000 | PA      | $8225058.20   | 0.33%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS INDEPENDENT SCHOOL DISTRICT                                               | DALLAS TX INDEP SCH DIST DALSCD 02/55 ADJUSTABLE VAR        | CUSIP: 235308Q89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4414801.60   | 0.17%             | 2055-02-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HEALTH & EDL BLDG CORP                                              | RHODE ISLAND ST HLTH   EDUCTNL RISMED 05/37 FIXED 5         | CUSIP: 762244LZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1095018.50   | 0.04%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HOUSING AND FINANCE ASSOCIATION                                            | IDAHO ST HSG   FIN ASSN SF MTG IDSSFH 01/56 FIXED 6.25      | CUSIP: 45130BCH4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $3116521.65   | 0.12%             | 2056-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV                                    | MARYLAND ST HLTH   HGR EDUCTNL MDSMED 07/45 ADJUSTABLE VAR  | CUSIP: 57421CHV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2395450.64   | 0.09%             | 2045-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF DALLAS HOUSING FINANCE CORPORATION                                       | DALLAS TX HSG FIN CORP DALMFH 10/41 FIXED 4.35              | CUSIP: 235298BW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2330000 | PA      | $2345670.65   | 0.09%             | 2041-10-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| SELMA INDUSTRIAL DEVELOPMENT BOARD                                               | SELMA AL INDL DEV BRD REVENUE SELDEV 11/33 ADJUSTABLE VAR   | CUSIP: 81647PAG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1907327.35   | 0.08%             | 2033-11-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| GAINESVILLE & HALL COUNTY HOSPITAL AUTHORITY                                     | GAINESVILLE   HALL CNTY GA HOS GAIMED 10/30 FIXED 5         | CUSIP: 362762QZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3308928.00   | 0.13%             | 2030-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK (FHLB)                                                    | FED HOME LN DISCOUNT NT DISCOUNT NOT 06/26 0.00000          | CUSIP: 313385YM2<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |  17100000 | PA      | $16813218.81  | 0.67%             | 2026-06-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                            | WISCONSIN ST HLTH   EDUCTNL FA WISMED 11/46 FIXED 4         | CUSIP: 97712JMC4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1970000 | PA      | $1980499.90   | 0.08%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STATE OF TEXAS                                                                   | TEXAS ST TXS 10/39 FIXED 5                                  | CUSIP: 8827242K2<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $5087552.40   | 0.20%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY                                 | CALIFORNIA ST HLTH FACS FING A CASMED 12/38 FIXED 5         | CUSIP: 13032UT99<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    600000 | PA      | $654253.62    | 0.03%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK (FHLB)                                                    | FED HOME LN DISCOUNT NT DISCOUNT NOT 06/26 0.00000          | CUSIP: 313385XS0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |  21300000 | PA      | $20981565.00  | 0.83%             | 2026-06-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI HOUSING DEVELOPMENT COMMISSION                                          | MISSOURI ST HSG DEV COMMISSION MOSSFH 05/56 FIXED 6.25      | CUSIP: 60637GKP3<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1904300.22   | 0.08%             | 2056-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY                                   | NEW JERSEY ST TRANSPRTN TRUST NJSTRN 06/36 FIXED 5          | CUSIP: 64613CDK1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $7311189.60   | 0.29%             | 2036-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV                                    | MARYLAND ST HLTH   HGR EDUCTNL MDSMED 06/35 FIXED 4         | CUSIP: 57421CCB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $450238.50    | 0.02%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GRAND RIVER DAM AUTHORITY                                                        | GRAND RIVER OK DAM AUTH REVENU GRRPWR 06/36 FIXED 5         | CUSIP: 386442ZC4<br>LEI: 549300XGK5KWQHON4Q79 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $2080029.56   | 0.08%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE VALLEY REGIONAL FINANCE AUTHORITY                                       | DELAWARE VLY PA REGL FIN AUTH DLVGEN 03/33 FIXED 4          | CUSIP: 246579LT1<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |    600000 | PA      | $636510.54    | 0.03%             | 2033-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH REVENUE MISFIN 06/40 FIXED 5           | CUSIP: 59447TG80<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5097882.50   | 0.20%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 08/38 FIXED 5           | CUSIP: 45204FM36<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   8320000 | PA      | $9264628.67   | 0.37%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALASKA MUNICIPAL BOND BANK AUTHORITY                                             | ALASKA ST MUNI BOND BANK AUTH AKMBBK 12/42 FIXED 5          | CUSIP: 01179R3S0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071237.10   | 0.04%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF WHITING INDIANA                                                          | WHITING IN ENVRNMNTL FACS REVE WHGFAC 06/44 ADJUSTABLE VAR  | CUSIP: 96634RAZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3900000 | PA      | $4102619.43   | 0.16%             | 2044-06-01      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH ST PERSO NYSHGR 03/34 FIXED 4         | CUSIP: 64990FYB4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   4705000 | PA      | $4894188.52   | 0.19%             | 2034-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE                                                                 | WASHINGTON ST WAS 07/33 FIXED 5                             | CUSIP: 93974DTV0<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.20%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EAST MONTGOMERY COUNTY IMPROVEMENT DISTRICT SALES TAX REVENUE                    | E MONTGOMERY CNTY TX IMPT DIST EMYGEN 08/44 FIXED OID 4     | CUSIP: 273735DV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3575000 | PA      | $3395102.07   | 0.13%             | 2044-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST JEFFERSON INDUSTRIAL DEVELOPMENT BOARD                                      | WEST JEFFERSON AL INDL DEV BRD WESPOL 06/28 ADJ CNVFIX 3.65 | CUSIP: 953450AD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3650803.92   | 0.14%             | 2028-06-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | UNITED STATES TREASURY BILL 04/26 0                         | CUSIP: 912797TK3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  12300000 | PA      | $12160777.16  | 0.48%             | 2026-04-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 02/41 ADJUSTABLE VAR  | CUSIP: 63607WBR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8394289 | PA      | $8804476.73   | 0.35%             | 2041-02-20      | Variable      | 4.79%                 | No            |                  2 | On Loan: No      |
| COUNTY OF HARRIS TX TOLL ROAD REVENUE                                            | HARRIS CNTY TX TOLL ROAD REVEN HARTRN 08/35 FIXED 5         | CUSIP: 41423PDB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2960000 | PA      | $3375589.92   | 0.13%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HOUSING FINANCE AGENCY                                              | PENNSYLVANIA ST HSG FIN AGY SF PASSFH 10/54 FIXED 6.25      | CUSIP: 70879QXV0<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1183223.70   | 0.05%             | 2054-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| STATE OF CONNECTICUT                                                             | CONNECTICUT ST CTS 09/28 FIXED 5                            | CUSIP: 20772KRT8<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   2725000 | PA      | $2906091.51   | 0.11%             | 2028-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY                                   | WASHINGTON DC MET AREA TRANSIT DCTGEN 07/31 FIXED 5         | CUSIP: 938782FL8<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2145264.48   | 0.08%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | WASHINGTON ST HSG FIN COMMISSI WASHSG 11/41 ADJUSTABLE VAR  | CUSIP: 93978UDT0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |  10167731 | PA      | $9790656.26   | 0.39%             | 2041-11-20      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP RHODE ISLAN                                         | TOBACCO SETTLEMENT FING CORP R TOBGEN 06/40 FIXED 5         | CUSIP: 888809BE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000156.20   | 0.08%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS STATE                                                              | MASSACHUSETTS ST MAS 07/36 FIXED 5                          | CUSIP: 57582TDB5<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5853233.00   | 0.23%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS BAY TRANSPORTATION AUTHORITY SALES TAX REVENUE                     | MASSACHUSETTS ST BAY TRANSPRTN MASTRN 07/33 FIXED 5         | CUSIP: 575579S24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1753964.55   | 0.07%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF ILLINOIS SALES TAX REVENUE                                              | ILLINOIS ST SALES TAX REVENUE ILSGEN 06/40 FIXED 5          | CUSIP: 452227UR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1289162.65   | 0.05%             | 2040-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WORTHINGTON CITY SCHOOL DISTRICT                                                 | WORTHINGTON OH CITY SCH DIST WORSCD 12/31 ZEROCPNOID 0      | CUSIP: 982038TP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    845000 | PA      | $696033.68    | 0.03%             | 2031-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| E-470 PUBLIC HIGHWAY AUTHORITY                                                   | E 470 CO PUBLIC HIGHWAY AUTH EHYTRN 09/34 FIXED 5           | CUSIP: 26822LMR2<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1421799.86   | 0.06%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COMAL INDEPENDENT SCHOOL DISTRICT                                                | COMAL TX INDEP SCH DIST COMSCD 02/42 FIXED 4                | CUSIP: 1998205R8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5017240.50   | 0.20%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVERNMENT NASHVILLE & DAVIDSON COUNTY SPORTS AUTHORITY             | MET GOVT NASHVILLE   DAVIDSONC METFAC 07/38 FIXED 5         | CUSIP: 592090LG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $560331.00    | 0.02%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO STATE                                                                   | COLORADO ST BLDG EXCELLENT SCH COSEDU 03/42 FIXED 4         | CUSIP: 19668QJF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3990874.80   | 0.16%             | 2042-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI STATE HEALTH AND EDUCATION                                              | MISSOURI ST HLTH   EDUCTNL FAC MOSMED 11/42 FIXED 4         | CUSIP: 60637ACW0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2586364.29   | 0.10%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA HOUSING FINANCE AGENCY                                            | NORTH CAROLINA HSG FIN AGY HOM NCSHSG 07/55 FIXED 6.25      | CUSIP: 65820BBA3<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   3390000 | PA      | $3722513.91   | 0.15%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VIRGINIA PUBLIC BUILDING AUTHORITY                                               | VIRGINIA ST PUBLIC BLDG AUTH P VASFAC 08/30 FIXED 4         | CUSIP: 928172K20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3302145.00   | 0.13%             | 2030-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OREGON STATE LOTTERY                                                             | OREGON ST DEPT OF ADMIN SVCS L ORSGEN 04/36 FIXED 5         | CUSIP: 68607V6J9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1688896.80   | 0.07%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT STATE HEALTH & EDUCATIONAL FACILITIES AUTHORITY                      | CONNECTICUT ST HLTH   EDUCTNL CTSMED 07/29 FIXED 5          | CUSIP: 20774Y3T2<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1271169.12   | 0.05%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX HSG FIN                                                         | TARRANT CNTY TX HSG FIN CORP M TARMFH 03/43 FIXED 4.6       | CUSIP: 876390AA3<br>LEI: 54930055IA4O4ZTEN156 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2027543.40   | 0.08%             | 2043-03-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ST CLOUD MINN HEALTH CARE REV                                                    | SAINT CLOUD MN HLTH CARE REVEN SUDMED 05/39 FIXED 5         | CUSIP: 78916VEM8<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1101595.10   | 0.04%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC ENERGY AUTHORITY OF KENTUCKY INC                                          | KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 05/36 FIXED 5         | CUSIP: 74440DGL2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |  23500000 | PA      | $24979870.20  | 0.99%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH ST PERSO NYSHGR 03/48 FIXED 4         | CUSIP: 64990FYR9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4572386.00   | 0.18%             | 2048-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE HOUSING AUTHORITY                                                   | JACKSONVILLE FL HSG AUTH REVEN JACHSG 02/34 FIXED 5         | CUSIP: 46940XAJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1605329.55   | 0.06%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 01/41 ADJUST OID VAR  | CUSIP: 63607WBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6258907 | PA      | $6208203.24   | 0.25%             | 2041-01-20      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| CITY OF SAN ANTONIO TX ELECTRIC & GAS SYSTEMS REVENUE                            | SAN ANTONIO TX ELEC   GAS REVE SANUTL 02/41 FIXED 5         | CUSIP: 79625GJM6<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3283936.20   | 0.13%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST ILS 12/43 FIXED 5                               | CUSIP: 452153HP7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3990000 | PA      | $4145831.84   | 0.16%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH AFFORDABL NFAHSG 10/40 ADJUSTABLE VAR  | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5080057 | PA      | $5084942.32   | 0.20%             | 2040-10-20      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| SCHOOL DISTRICT OF PHILADELPHIA/THE                                              | PHILADELPHIA PA SCH DIST PHISCD 09/38 FIXED 4               | CUSIP: 717883WE8<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2234156.54   | 0.09%             | 2038-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TEXAS TRANSPORTATION COMMISSION STATE HIGHWAY 249 SYSTEM                         | TEXAS ST TRANSPRTN COMMISSION TXSTRN 08/46 ZEROCPNOID 0     | CUSIP: 88283NAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2950000 | PA      | $1056906.83   | 0.04%             | 2046-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WESTERN MICHIGAN UNIVERSITY                                                      | WSTRN MI UNIV WMIHGR 11/31 FIXED 5                          | CUSIP: 958638ZW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2730000 | PA      | $3063195.14   | 0.12%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO ST HOSP                                                               | NEW MEXICO ST HOSP EQUIPMENT L NMSMED 08/39 FIXED 4         | CUSIP: 647370HV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7950000 | PA      | $7856369.67   | 0.31%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY SCHOOL DISTRICT OF ALBANY                                                   | ALBANY NY CITY SCH DIST ALBSCD 06/26 FIXED 4                | CUSIP: 012434SY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5028062.00   | 0.20%             | 2026-06-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STATE OF NORTH CAROLINA                                                          | NORTH CAROLINA ST GRANT ANTICI NCSGEN 03/30 FIXED 5         | CUSIP: 658268FB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4727272.51   | 0.19%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY                                   | NEW JERSEY ST TRANSPRTN TRUST NJSTRN 12/34 ZEROCPNOID 0     | CUSIP: 646136WR8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1113922.50   | 0.04%             | 2034-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                                           | IOWA ST FIN AUTH MIDWSTRN DISA IASGEN 12/50 ADJUSTABLE VAR  | CUSIP: 46246SAW5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3264114.60   | 0.13%             | 2050-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY SALES TAX REVENUE       | LOS ANGELES CNTY CA MET TRANSP LOSTRN 06/36 FIXED 4         | CUSIP: 54466HJR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3551136.80   | 0.14%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STATE OF CONNECTICUT SPECIAL TAX REVENUE                                         | CONNECTICUT ST SPL TAX OBLIG R CTSGEN 01/35 FIXED 5         | CUSIP: 207758XP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4290000 | PA      | $4472519.77   | 0.18%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN AFFORDABLE PFC INC                                                        | AUSTIN TX AFFORDABLE PUBLIC FA AUSFAC 03/43 FIXED 4.5       | CUSIP: 05217TAR5<br>LEI: 529900LKLIWOHOEBOF89 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3762721.50   | 0.15%             | 2043-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER & EXPOSITION                                                   | MET PIER EXPOSITION AUTH IL MPNFAC 06/36 ZEROCPNOID 0       | CUSIP: 592250EJ9<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    500000 | PA      | $339653.35    | 0.01%             | 2036-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                         | VIRGINIA ST SMALL BUSINESS FIN VASMED 06/60 ADJUSTABLE VAR  | CUSIP: 928105CQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $7312040.45   | 0.29%             | 2060-06-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ST PAUL MINN HSG & REDV AUTH                                                     | SAINT PAUL MN HSG   REDEV AUTH STPHSG 07/30 FIXED 5         | CUSIP: 792905EF4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8697372.00   | 0.34%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAGRANGE-TROUP COUNTY HOSPITAL AUTHORITY                                         | LAGRANGE TROUP CNTY GA HOSP AU LAGMED 04/28 FIXED 5         | CUSIP: 507152AL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $720094.34    | 0.03%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH HSG CORP SINGLE FAMILY MTG REV                                              | UTAH HSG CORP SF MTGE REVENUE UTSSFH 07/55 FIXED 6.25       | CUSIP: 917437PH2<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   2915000 | PA      | $3269803.31   | 0.13%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| OREGON STATE LOTTERY                                                             | OREGON ST DEPT OF ADMIN SVCS L ORSGEN 04/35 FIXED 5         | CUSIP: 68607V6H3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2388123.19   | 0.09%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                          | MUNI ELEC AUTH OF GA MELPWR 07/63 FIXED OID 4.5             | CUSIP: 62620HEM0<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1930883.20   | 0.08%             | 2063-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LAS VARAS PUBLIC FACILITY CORPORATION                                            | LAS VARAS PUBLIC FAC CORP TX M LAVMFH 05/43 ADJUSTABLE VAR  | CUSIP: 51766AAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14500000 | PA      | $14756216.45  | 0.58%             | 2043-05-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                           | PUERTO RICO SALES TAX FING COR PRCGEN 07/40 FIXED 4.55      | CUSIP: 74529JRR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4202735.88   | 0.17%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                                  | CALIFORNIA CMNTY CHOICE FING A CCEDEV 02/54 ADJUSTABLE VAR  | CUSIP: 13013JDB9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4700000 | PA      | $5002885.86   | 0.20%             | 2054-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BROOKHAVEN DEVELOPMENT AUTHORITY                                                 | BROOKHAVEN DEV AUTH GA BRKDEV 07/38 FIXED 5                 | CUSIP: 113073AU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1910506.32   | 0.08%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                                  | CALIFORNIA CMNTY CHOICE FING A CCEDEV 11/54 ADJUSTABLE VAR  | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   7750000 | PA      | $8235607.25   | 0.33%             | 2054-11-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY                             | PENNSYLVANIA ST HGR EDUCTNL FA PASHGR 08/29 FIXED 5         | CUSIP: 70917SC43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1282772.63   | 0.05%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK (FHLB)                                                    | FED HOME LN DISCOUNT NT DISCOUNT NOT 03/26 0.00000          | CUSIP: 313385US3<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   5200000 | PA      | $5157412.00   | 0.20%             | 2026-03-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP RHODE ISLAN                                         | TOBACCO SETTLEMENT FING CORP R TOBGEN 06/35 FIXED 5         | CUSIP: 888809BD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11006240.30  | 0.44%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO WATER DEVELOPMENT AUTHORITY WATER POLLUTION CONTROL LOAN FUND               | OHIO ST WTR DEV AUTH WTR POLL OHSPOL 06/33 FIXED 4.75       | CUSIP: 67766WXM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5252857.50   | 0.21%             | 2033-06-01      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| MISSOURI STATE HEALTH AND EDUCATION                                              | MISSOURI ST HLTH   EDUCTNL FAC MOSMED 05/33 FIXED 5         | CUSIP: 60637AVY5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4580932.40   | 0.18%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PERMANENT UNIVERSITY FUND - UNIVERSITY OF TEXAS SYSTEM                           | UNIV OF TEXAS TX PERMANENT UNI UNIHGR 07/40 FIXED 5         | CUSIP: 915130AC2<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1203270.73   | 0.05%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                         | MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/49 FLOATING VAR    | CUSIP: 57584YPF0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000364.30   | 0.04%             | 2049-07-01      | Floating      | 2.96%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AUTHORITY                                                          | BAY AREA CA TOLL AUTH TOLL BRI BAYTRN 04/56 FLOATING VAR    | CUSIP: 072024XA5<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1997321.60   | 0.08%             | 2056-04-01      | Floating      | 2.81%                 | No            |                  2 | On Loan: No      |
| EP ESSENTIAL HOUSING WF PFC                                                      | EP ESSENTIAL HOUSING WF PFC TX EPEHSG 12/34 FIXED OID 4.25  | CUSIP: 29416AAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14200000 | PA      | $14398303.00  | 0.57%             | 2034-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OREGON STATE LOTTERY                                                             | OREGON ST DEPT OF ADMIN SVCS L ORSGEN 04/34 FIXED 5         | CUSIP: 68607V6G5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1631736.71   | 0.06%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 01/26 0.00000                                 | CUSIP: 912797RK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  43900000 | PA      | $43784233.95  | 1.73%             | 2026-01-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| RIVERHEAD INDUSTRIAL DEVELOPMENT AGENCY                                          | RIVERHEAD NY INDL DEV AGY MF H RIVMFH 02/41 FIXED 4.5       | CUSIP: 76876TAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2955436 | PA      | $2989547.22   | 0.12%             | 2041-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BATTERY PARK CITY AUTHORITY                                                      | BATTERY PARK CITY NY AUTH BTYGEN 11/40 FIXED 5              | CUSIP: 07133AHY1<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2649129.25   | 0.10%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SAN ANTONIO TX ELECTRIC & GAS SYSTEMS REVENUE                            | SAN ANTONIO TX ELEC   GAS REVE SANUTL 12/45 ADJUSTABLE VAR  | CUSIP: 79625GDH3<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2448339.50   | 0.10%             | 2045-12-01      | Variable      | 1.12%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY EDUCATIONAL REV                                                  | MIAMI DADE CNTY FL EDUCTNL FAC MIAEDU 04/38 FIXED 5.25      | CUSIP: 59333APL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6903739.20   | 0.27%             | 2038-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS STATE                                                              | MASSACHUSETTS ST MAS 04/43 FIXED 5                          | CUSIP: 57582TCL4<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2724764.25   | 0.11%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUBLIC FACILITIES AUTHORITY                                            | LOUISIANA ST PUBLIC FACS AUTHL LASFAC 01/37 FIXED 5         | CUSIP: 54639TDF6<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    960000 | PA      | $1093146.34   | 0.04%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 08/33 FIXED 5           | CUSIP: 45204FL60<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3938252.85   | 0.16%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF OREGON DEPARTMENT OF TRANSPORTATION                                     | OREGON ST DEPT OF TRANSPRTN GR ODTTRN 05/38 FIXED 5         | CUSIP: 68606UAP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2543021.55   | 0.10%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | WASHINGTON ST HSG FIN COMMISSI WASHSG 03/43 FIXED 4.4       | CUSIP: 93979AAE9<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4468217.40   | 0.18%             | 2043-03-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| OHIO HIGHER EDUCATIONAL FACILITY COMMISSION                                      | OHIO ST HGR EDUCTNL FAC COMMIS OHSEDU 02/39 FIXED 5         | CUSIP: 67756DW28<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1950833.85   | 0.08%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 03/26 0.00000                                 | CUSIP: 912797RV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4600000 | PA      | $4572097.00   | 0.18%             | 2026-03-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST                                                                      | MARYLAND ST MDS 06/37 FIXED 5                               | CUSIP: 574193VP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3490000 | PA      | $3891099.07   | 0.15%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DUVAL COUNTY PUBLIC SCHOOLS                                                      | DUVAL CNTY FL SCH BRD COPS DUVEDU 07/30 FIXED 5             | CUSIP: 267169HQ6<br>LEI: 254900RS6MO5WEO2WC42 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2203591.20   | 0.09%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                        | NEW JERSEY ST ECON DEV AUTH RE NJSDEV 06/27 FIXED 5.25      | CUSIP: 64577XEK8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    975000 | PA      | $976111.89    | 0.04%             | 2027-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COUNTY OF HARRIS TX TOLL ROAD REVENUE                                            | HARRIS CNTY TX TOLL ROAD REVEN HARRIS CO A REV              | CUSIP: 41423PDQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5681592.50   | 0.22%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH ST PERSO NYSGEN 03/42 FIXED 5         | CUSIP: 64990KHW6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2463422.63   | 0.10%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MANOR HOUSING PUBLIC FACILITY CORP                                               | MANOR HSG PUBLIC FAC CORP TX M MNRMFH 11/42 ADJUSTABLE VAR  | CUSIP: 56406AAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2618460.26   | 0.10%             | 2042-11-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| TEXAS STATE UNIVERSITY SYSTEM                                                    | TEXAS ST UNIV SYS FING REVENUE TXSHGR 03/41 FIXED 5         | CUSIP: 88278PJ47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2188368.20   | 0.09%             | 2041-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON HEALTH CARE FACILITIES AUTHORITY                                      | WASHINGTON ST HLTH CARE FACS A WASMED 09/43 FIXED 5         | CUSIP: 93978HF34<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   2185000 | PA      | $2314720.61   | 0.09%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL TEXAS TURNPIKE SYSTEM                                                    | TEXAS ST TURNPIKE AUTH CENTRLT TXSTRN 08/26 ZEROCPNOID 0    | CUSIP: 882762FE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2947697.10   | 0.12%             | 2026-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 04/26 0.00000                                 | CUSIP: 912797TG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4300000 | PA      | $4260186.04   | 0.17%             | 2026-04-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                             | COLORADO ST HLTH FACS AUTH REV COSMED 11/35 FIXED 5.25      | CUSIP: 19648FWK6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1338737.88   | 0.05%             | 2035-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO HOUSING TRUST PUBLIC FACILITY CORP                                   | MULTIFAMILY MORTGAGE BONDS MFMB 2024 11FN PT                | CUSIP: 79626WAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2996325.00   | 0.12%             | 2043-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| FARMINGTON N.M. POLLUTION CONTROL                                                | FARMINGTON NM POLL CONTROL REV FARPOL 06/40 ADJUSTABLE VAR  | CUSIP: 311450GD6<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2033541.60   | 0.08%             | 2040-06-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| STATE OF TEXAS                                                                   | TEXAS ST TXS 10/42 FIXED 5                                  | CUSIP: 8827242L0<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   5790000 | PA      | $6356802.21   | 0.25%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS REDEVELOPMENT AGENCY                                                   | LAS VEGAS NV REDEV AGY TAX INC LASDEV 06/31 FIXED 5         | CUSIP: 517732DK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1473914.67   | 0.06%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CINCINNATI                                                         | UNIV OF CINCINNATI OH RECPTS UCOHGR 06/41 FIXED 5           | CUSIP: 9141197G1<br>LEI: 549300E0RD3ICJ858L23 | Long             | DBT              | MUN               | US        |   2765000 | PA      | $3003576.37   | 0.12%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY                                  | NEW YORK CITY NY MUNI WTR FIN NYCUTL 06/48 ADJUSTABLE VAR   | CUSIP: 64972GCQ5<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20000000.00  | 0.79%             | 2048-06-15      | Variable      | 0.15%                 | No            |                  2 | On Loan: No      |
| SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY                                       | SOUTH DAKOTA ST HSG DEV AUTH SDSHSG 11/45 FIXED OID 4.5     | CUSIP: 83756LBQ7<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   3305000 | PA      | $3301656.33   | 0.13%             | 2045-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HEALTH CARE AUTH FOR BAPTIST HLT ALABAMA                                         | HLTH CARE AUTH FOR BAPTIST HLT HLTMED 11/35 FIXED 5         | CUSIP: 42219UCE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1623286.95   | 0.06%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE6111 FR 01/40 FIXED 3.8                 | CUSIP: 3132YBYG5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   9822524 | PA      | $9230854.73   | 0.37%             | 2040-01-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| WISCONSIN CENTER DISTRICT                                                        | WISCONSIN CENTER DIST WI TAX R WISGEN 12/28 ZEROCPNOID 0    | CUSIP: 976595FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $984288.28    | 0.04%             | 2028-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GRAND PARKWAY TRANSPORTATION CORPORATION                                         | GRAND PARKWAY TRANSPRTN CORP T GPTTRN 10/52 ADJUSTABLE VAR  | CUSIP: 38611TDR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5198724.00   | 0.21%             | 2052-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF HUMBOLDT NV                                                            | HUMBOLDT CNTY NV POLL CONTROL HUMPOL 10/29 FIXED 3.55       | CUSIP: 445199AR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3039704.10   | 0.12%             | 2029-10-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA HOSPITAL FINANCE                                                   | WEST VIRGINIA ST HOSP FIN AUTH W VIRGINIA ST H SER B        | CUSIP: 956622W59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2623046.40   | 0.10%             | 2041-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 05/55 ADJUSTABLE VAR  | CUSIP: 84136HCF8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2783717.82   | 0.11%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION                                 | MONROE CNTY NY INDL DEV AGY MF MONMFH 01/44 FIXED 4.72      | CUSIP: 610758AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1816102.08   | 0.07%             | 2044-01-01      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| PUBLIC ENERGY AUTHORITY OF KENTUCKY INC                                          | KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 06/55 ADJUSTABLE VAR  | CUSIP: 74440DFN9<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1798949.18   | 0.07%             | 2055-06-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM                               | UNIV OF TEXAS TX UNIV REVENUES UNIHGR 08/41 FIXED 5         | CUSIP: 91514AMP7<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   5385000 | PA      | $5948482.63   | 0.24%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE FL AVIATION REVENUE                                         | MIAMI DADE CNTY FL AVIATION RE MIATRN 10/32 FIXED 5         | CUSIP: 59333P5Q7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1097233.30   | 0.04%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF OSCEOLA FL TRANSPORTATION REVENUE                                      | OSCEOLA CNTY FL TRANSPRTN REVE OSCTRN 10/34 ZEROCPNOID 0    | CUSIP: 688031EP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1294246.68   | 0.05%             | 2034-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUBLIC FACILITIES AUTHORITY                                            | LOUISIANA PUB FACS AUTH REVENU LASFAC 05/30 FIXED 5         | CUSIP: 546399UQ7<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4762351.44   | 0.19%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK POWER AUTHORITY                                                         | NEW YORK ST PWR AUTH GREEN TRA NYSPWR 11/37 FIXED 5         | CUSIP: 65000XBL3<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1146957.20   | 0.05%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF CONNECTICUT SPECIAL TAX REVENUE                                         | CONNECTICUT ST SPL TAX OBLIG R CTSGEN 07/39 FIXED 5         | CUSIP: 207758K85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5537012.00   | 0.22%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COBB COUNTY KENNESTONE HOSPITAL AUTHORITY                                        | COBB CNTY GA KENNESTONE HOSP A COBMED 04/28 FIXED 5         | CUSIP: 190813QU2<br>LEI: 549300TB04LETJYNFR44 | Long             | DBT              | MUN               | US        |    600000 | PA      | $616850.34    | 0.02%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY                                     | MICHIGAN ST HSG DEV AUTH SF MT MISHSG 06/55 FIXED 6.25      | CUSIP: 594654ZT5<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1946279.43   | 0.08%             | 2055-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK (FHLB)                                                    | FED HOME LN DISCOUNT NT DISCOUNT NOT 02/26 0.00000          | CUSIP: 313385TH9<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   2700000 | PA      | $2686555.14   | 0.11%             | 2026-02-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI DEVELOPMENT BANK                                                     | MISSISSIPPI DEV BK SPL OBLIG MSSDEV 03/40 FIXED 5           | CUSIP: 60534XZN9<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078676.80   | 0.04%             | 2040-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 11/42 ADJUSTABLE VAR  | CUSIP: 63607WBN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9168434 | PA      | $8954278.73   | 0.35%             | 2042-11-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| TAMPA HEALTH SYSTEMS                                                             | TAMPA FL CAPITAL IMPT CIGARETT TAMGEN 09/33 ZEROCPNOID 0    | CUSIP: 875146AR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $151435.72    | 0.01%             | 2033-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 02/39 FIXED 5          | CUSIP: 64971X6Z6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3303174.30   | 0.13%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORPORATION                 | TARRANT CNTY TX CULTURAL EDU F TAREDU 07/53 ADJUSTABLE VAR  | CUSIP: 87638THC0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5515776.50   | 0.22%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 08/41 FIXED 5.25      | CUSIP: 645424BJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5587068.50   | 0.22%             | 2041-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS STATE                                                              | MASSACHUSETTS ST MAS 08/48 FIXED 5                          | CUSIP: 57582TFE7<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6865459.25   | 0.27%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF CLARK NV                                                               | CLARK CNTY NV POLL CONTROL REV CLAPOL 06/31 FIXED 2.1       | CUSIP: 181008BD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4568635.50   | 0.18%             | 2031-06-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| SALT RIVER PROJECT AGRICULTURAL IMPROVEMENT AND POWER DISTRICT                   | SALT RIVER AZ PROJ AGRIC IMPT SALAGR 01/43 FIXED 5          | CUSIP: 79574CFB4<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5489143.00   | 0.22%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 02/41 FIXED 5           | CUSIP: 45204FN92<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1782835.16   | 0.07%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 05/37 FIXED 5          | CUSIP: 64972JBQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2255518.00   | 0.09%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 08/42 ADJUSTABLE VAR   | CUSIP: 64971XHT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15150000 | PA      | $15150000.00  | 0.60%             | 2042-08-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS INC GA MAIUTL 09/52 ADJUSTABLE VAR  | CUSIP: 56035DDX7<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1961912.71   | 0.08%             | 2052-09-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER & EXPOSITION                                                   | MET PIER EXPOSITION AUTH IL MPNFAC 06/37 ZEROCPNOID 0       | CUSIP: 592250EL4<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $965931.45    | 0.04%             | 2037-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY OF                                                                 | NEW YORK NY NYC 10/46 ADJUSTABLE VAR                        | CUSIP: 64966MSD2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  14200000 | PA      | $14200000.00  | 0.56%             | 2046-10-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BBEUTL 10/55 ADJUSTABLE VAR   | CUSIP: 09182TEC7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   4800000 | PA      | $5164420.80   | 0.20%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY                                      | NEW YORK CITY NY INDL DEV AGY NYCDEV 01/30 FIXED 5          | CUSIP: 64971PKY0<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2171437.66   | 0.09%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY                                 | CALIFORNIA ST HLTH FACS FING A CASMED 12/43 FIXED 5.25      | CUSIP: 13032UU63<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2825000 | PA      | $3005463.54   | 0.12%             | 2043-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH REVENUES NYSHGR 05/34 FIXED 5         | CUSIP: 65000B6G8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   6100000 | PA      | $6971261.78   | 0.28%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS INC GA MAIUTL 07/52 ADJUSTABLE VAR  | CUSIP: 56035DDH2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    700000 | PA      | $706853.07    | 0.03%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| DEVELOPMENT AUTHORITY FOR FULTON COUNTY                                          | FULTON CNTY GA DEV AUTH REVENU FULDEV 07/30 FIXED 5         | CUSIP: 36005FDE2<br>LEI: 549300533NJL38F4K144 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1087501.10   | 0.04%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 01/26 0.00000                                 | CUSIP: 912797RH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3900000 | PA      | $3897745.69   | 0.15%             | 2026-01-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LIBERTY HILL INDEPENDENT SCHOOL DISTRICT                                         | LIBERTY HILL TX INDEP SCH DIST LBHSCD 02/30 FIXED 5         | CUSIP: 530574QU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2290000 | PA      | $2502177.43   | 0.10%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HOUSING AND FINANCE ASSOCIATION                                            | IDAHO ST HSG   FIN ASSN SF MTG IDSSFH 01/44 FIXED 4.45      | CUSIP: 45129Y5G7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2339521.95   | 0.09%             | 2044-01-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| KENTUCKY HOUSING CORPORATION                                                     | KENTUCKY ST HSG CORP MF REVENU KYSMFH 09/40 FIXED 4.375     | CUSIP: 49131CAC6<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |   5810000 | PA      | $6233381.67   | 0.25%             | 2040-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MEDFORD ORE HOSP FACS AUTH REV                                                   | MEDFORD OR HOSP FACS AUTH REVE MFDMED 08/37 FIXED 5         | CUSIP: 584283GW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1701560.48   | 0.07%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG ISLAND POWER AUTHORITY                                                      | LONG ISLAND NY PWR AUTH ELEC S LSLPWR 09/40 FIXED 5         | CUSIP: 542691HH6<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1836963.70   | 0.07%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BBEUTL 10/52 FLOATING VAR     | CUSIP: 09182TAN7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1982919.40   | 0.08%             | 2052-10-01      | Floating      | 2.71%                 | No            |                  2 | On Loan: No      |
| COBB COUNTY KENNESTONE HOSPITAL AUTHORITY                                        | COBB CNTY GA KENNESTONE HOSP A COBMED 04/43 FIXED OID 5     | CUSIP: 190813TG0<br>LEI: 549300TB04LETJYNFR44 | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3557221.31   | 0.14%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORPORATION                                             | SALES TAX SECURITIZATION CORP STSGEN 01/37 FIXED 5          | CUSIP: 79467BGK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052531.00   | 0.04%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BBEUTL 03/55 ADJUSTABLE VAR   | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   7400000 | PA      | $7917028.38   | 0.31%             | 2055-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA PUBLIC SERVICES AUTHORITY (AKA: SANTEE COOPER)                    | SOUTH CAROLINA ST PUBLIC SVC A SCSUTL 12/40 FIXED 5         | CUSIP: 8371515K1<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1294750.24   | 0.05%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA                                                             | DIST OF COLUMBIA DIS 08/39 FIXED 5                          | CUSIP: 25476FE38<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   9155000 | PA      | $10302511.50  | 0.41%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH FINANCING AUTHORITY                                                 | CMWLTH FING AUTH PA TOBACCO MA CMNGEN 06/39 FIXED OID 4     | CUSIP: 20282EAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7350000 | PA      | $7247127.20   | 0.29%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK (FHLB)                                                    | FED HOME LN DISCOUNT NT DISCOUNT NOT 04/26 0.00000          | CUSIP: 313385VG8<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |  25150000 | PA      | $24908322.58  | 0.99%             | 2026-04-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                            | WISCONSIN ST HLTH   EDUCTNL FA WISMED 08/40 FIXED 4         | CUSIP: 97712JDK6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2007354.40   | 0.08%             | 2040-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENTON INDEPENDENT SCHOOL DISTRICT                                               | DENTON TX INDEP SCH DIST DNNSCD 08/36 FIXED 5               | CUSIP: 249002LT1<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2886951.90   | 0.11%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF REGENTS OF THE UNIVERSITY OF TEXAS SYSTEM                               | UNIV OF TEXAS TX UNIV REVENUES UNIHGR 08/36 FIXED 5         | CUSIP: 91514ANG6<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $4092730.25   | 0.16%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** PIMCO ETF Trust

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer