# EDGAR Filing Document

**Accession Number:** 0000889512
**File Stem:** 0000940400-26-014628
**Filing Date:** 2026-4
**Character Count:** 97822
**Document Hash:** de72c6e7c0f2c990c6621c4683f29302
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-014628.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0000940400-26-014628

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260227

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LEGG MASON PARTNERS INSTITUTIONAL TRUST
- **CENTRAL INDEX KEY:** 0000889512

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06740
- **FILM NUMBER:** 26890884

**BUSINESS ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 1-877-721-1926

**MAIL ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CITIFUNDS INSTITUTIONAL TRUST
- **DATE OF NAME CHANGE:** 19981030

## Series and Classes Contracts Data

### Western Asset SMASh Series TF Fund (Series ID: S000052179)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000164185 | Western Asset SMASh Series TF Fund | LSMSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Legg Mason Partners Institutional Trust

- **b. Investment Company Act file number:** 811-06740

- **c. CIK number of Registrant:** 0000889512

- **d. LEI of Registrant:** 54930003LJE4ZPPMRV82

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

  - **Street Address 1:** One Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

  - **Telephone number:** 1-877-656-3863

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

- **a. Name of Series:** Western Asset SMASh Series TF Fund

- **b. EDGAR series identifier (if any):** S000052179

- **c. LEI of Series:** 5493003A2LBRM2IHU229

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

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

- **b. Date as of which information is reported:** 2026-02-27

**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:** $98690477.88

**Total Liabilities:** $1254350.92

**Net Assets:** $97436126.96

**Cash Not Reported:** $60920.72

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 37.45000000 | **1-Year:** 2291.48000000 | **5-Year:** 14232.80000000 | **10-Year:** 42515.01000000 | **30-Year:** 6626.82000000

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

- **3-Month:** 8.10000000 | **1-Year:** 77.15000000 | **5-Year:** 1482.98000000 | **10-Year:** 4612.98000000 | **30-Year:** 104.24000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000164185 | 0.09%                | 0.85%                | 1.55%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-211595.55              | $-57485.55                                 |
| Month 2  | $0.00                    | $419676.23                                 |
| Month 3  | $-6085.28                | $1183423.14                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| OHIO ST AIR QUALITY DEV AUTH                                    | OH OHSDEV 3.75 01/01/2029         | CUSIP: 677525WZ6<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    225000 | PA      | $228582.90    | 0.23%             | 2029-01-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                     | IL ILS 5 10/01/2030               | CUSIP: 4521522N0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    350000 | PA      | $371878.89    | 0.38%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                             | NY NYTTRN 5 01/01/2030            | CUSIP: 650116CJ3<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | MUN               | US        |     75000 | PA      | $77744.48     | 0.08%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP                      | TX TAREDU 5 11/15/2037            | CUSIP: 87638RKB2<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50866.04     | 0.05%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                               | DC DISREV 5 07/01/2042            | CUSIP: 25483VTS3<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76081.76     | 0.08%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEV FING AUTH                             | PA PASDEV 12/01/2038              | CUSIP: 708686ES5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200842.68    | 0.21%             | 2038-12-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                            | PR PRCGEN 5 07/01/2058            | CUSIP: 74529JPX7<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |    366000 | PA      | $359239.43    | 0.37%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY                                    | MA MASDEV 5 10/01/2028            | CUSIP: 57584XZQ7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10079.73     | 0.01%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FLA HEALTH FACS AUTH                                | FL ORAMED 4.5 10/01/2056          | CUSIP: 68450LJR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $243485.83    | 0.25%             | 2056-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                         | CA CASFIN 5 12/31/2043            | CUSIP: 13048VBY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101684.76    | 0.10%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                             | TX HOUAPT 5.5 07/15/2038          | CUSIP: 442349HY5<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | MUN               | US        |    260000 | PA      | $286132.94    | 0.29%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT AUTH IOWA                                    | IA TOBGEN 4 06/01/2049            | CUSIP: 888805CF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $85706.80     | 0.09%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SALEM ORE HOSP FAC AUTH                                         | OR SALMED 4 05/15/2032            | CUSIP: 794458GH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $191979.18    | 0.20%             | 2032-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WHITESBORO TEX INDPT SCH DIST                                   | TX WHBSCD 4 02/15/2054            | CUSIP: 965611KA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $463086.55    | 0.48%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                     | IL ILS 5 12/01/2041               | CUSIP: 452153HM4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1345717.38   | 1.38%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                               | IL ILSTRN 12/01/2043              | CUSIP: 45203PAD6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    250000 | PA      | $262627.63    | 0.27%             | 2043-12-01      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| UNITED STATES STEEL CORP                                        | AL HOODEV 5.75 10/01/2049         | CUSIP: 439241AA8<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101455.96    | 0.10%             | 2049-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                              | IL CHIEDU 5 12/01/2032            | CUSIP: 167505VY9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    250000 | PA      | $262262.25    | 0.27%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                            | PR PRCGEN 4.75 07/01/2053         | CUSIP: 74529JPW9<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $975122.80    | 1.00%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH                       | MD MDSMED 07/01/2041              | CUSIP: 574217V28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.21%             | 2041-07-01      | Variable      | 1.70%                 | No            |                  2 | On Loan: No      |
| BERKS CNTY PA INDL DEV AUTH                                     | PA BERMED 5 05/15/2032            | CUSIP: 08452RAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50997.04     | 0.05%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO MUN ENERGY ACQUISITION AUTH                          | NM NMSPWR 06/01/2054              | CUSIP: 647207BL2<br>LEI: 549300KZGG2YNDKKCE92 | Long             | DBT              | MUN               | US        |    500000 | PA      | $542036.10    | 0.56%             | 2054-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MOBILE CNTY ALA INDL DEV AUTH                                   | AL MOBPOL 4.75 12/01/2054         | CUSIP: 60733UAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $239584.28    | 0.25%             | 2054-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                  | AL BBEUTL 11/01/2053              | CUSIP: 09182TBT3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    750000 | PA      | $800228.55    | 0.82%             | 2053-11-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                 | NJ NJSTRN 4 06/15/2036            | CUSIP: 6461365H0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    500000 | PA      | $513095.65    | 0.53%             | 2036-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARATHON OIL CORP                                               | LA SJBCTF 06/01/2037              | CUSIP: 79020FBA3<br>LEI: 1FRVQX2CRLGC1XLP5727 | Long             | DBT              | MUN               | US        |    525000 | PA      | $524565.67    | 0.54%             | 2037-06-01      | Variable      | 2.38%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP                       | TX HAREDU 10/01/2051              | CUSIP: 414009QZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $392363.72    | 0.40%             | 2051-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                 | NJ NJSTRN 4 06/15/2050            | CUSIP: 6461367L9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    500000 | PA      | $465872.60    | 0.48%             | 2050-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GRAND FORKS N D                                                 | ND GRAMED 3 12/01/2046            | CUSIP: 38546WDP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $428666.04    | 0.44%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH N Y                                    | NY MTATRN 11/15/2045              | CUSIP: 59261AG68<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    335000 | PA      | $363088.28    | 0.37%             | 2045-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                               | CA CCEDEV 08/01/2055              | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    350000 | PA      | $378906.01    | 0.39%             | 2055-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH D C ARPTS AUTH                                | DC METAPT 5 10/01/2030            | CUSIP: 592647MN8<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |    500000 | PA      | $554368.85    | 0.57%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONEIDA CNTY N Y LOC DEV CORP                                    | NY ONEDEV 4 12/01/2049            | CUSIP: 682440BM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $583811.32    | 0.60%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                  | AL BBEUTL 12/01/2055              | CUSIP: 09182TFT9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    500000 | PA      | $555552.80    | 0.57%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| M-S-R ENERGY AUTH CALIF                                         | CA MSRPWR 6.12 11/01/2029         | CUSIP: 55374SAA8<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |     35000 | PA      | $37234.23     | 0.04%             | 2029-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL DEV                               | PA PHIDEV 5 05/01/2035            | CUSIP: 71783DBU8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    250000 | PA      | $262708.43    | 0.27%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU HAWAII CITY & CNTY                                     | HI HONUTL 3 07/01/2041            | CUSIP: 438701J47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $463328.05    | 0.48%             | 2041-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MOBILE CNTY ALA INDL DEV AUTH                                   | AL MOBPOL 5 06/01/2054            | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $446710.05    | 0.46%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                             | WI PUBFIN 5 07/01/2053            | CUSIP: 74439YBF7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100219.32    | 0.10%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                                  | NY NYCHSG 4.8 02/01/2053          | CUSIP: 64966WHK6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251639.33    | 0.26%             | 2053-02-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| LONGVIEW TEX INDPT SCH DIST                                     | TX LONSCD 4 02/15/2049            | CUSIP: 543264ZJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $571538.40    | 0.59%             | 2049-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TEX                                                   | TX ARLGEN 5 02/15/2041            | CUSIP: 04184RDD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100067.79    | 0.10%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                            | PR PRCGEN 0 07/01/2027            | CUSIP: 74529JQC2<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |     43000 | PA      | $41293.15     | 0.04%             | 2027-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER & EXPOSITION AUTH ILL                         | IL MPNFAC 0 06/15/2045            | CUSIP: 592248BC1<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $436313.00    | 0.45%             | 2045-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FORT PIERCE FLA UTILS AUTH                                      | FL FPCUTL 4 10/01/2052            | CUSIP: 348430PV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $91205.63     | 0.09%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALAMEDA CORRIDOR TRANSN AUTH CALIF                              | CA ALATRN 5 10/01/2037            | CUSIP: 010869HB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $202151.84    | 0.21%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                       | CO COSMED 5 09/15/2048            | CUSIP: 19648FHS6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |     50000 | PA      | $49866.33     | 0.05%             | 2048-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO SPRINGS (CO), CITY OF                                  | CO CSPUTL 4 11/15/2046            | CUSIP: 1966322P7<br>LEI: 2549003N3PXBHQH2V448 | Long             | DBT              | MUN               | US        |    325000 | PA      | $323396.52    | 0.33%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VAN ALSTYNE TEX INDPT SCH DIST                                  | TX VAYSCD 4 02/15/2054            | CUSIP: 920496XA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $694629.83    | 0.71%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARATHON OIL CORP                                               | LA SJBCTF 06/01/2037              | CUSIP: 79020FBB1<br>LEI: 1FRVQX2CRLGC1XLP5727 | Long             | DBT              | MUN               | US        |    600000 | PA      | $610581.60    | 0.63%             | 2037-06-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP                      | TX TAREDU 5 11/15/2046            | CUSIP: 87638RKC0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |     50000 | PA      | $49666.61     | 0.05%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OMAHA PUB PWR DIST NEB                                          | NE OMAPWR 4 02/01/2046            | CUSIP: 682001HC9<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |    250000 | PA      | $245519.65    | 0.25%             | 2046-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH                               | VA VASDEV 5 01/01/2038            | CUSIP: 928104PN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $373298.73    | 0.38%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MED CARE COMMN RETIREMENT FACS                   | NC NCSMED 4 09/01/2041            | CUSIP: 65820YSK3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    160000 | PA      | $155783.30    | 0.16%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MA)                   | MA MASMED 07/01/2044              | CUSIP: 57586EKB6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.10%             | 2044-07-01      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUN PWR OHIO INC                                       | OH AMEPWR 4 02/15/2038            | CUSIP: 02765URH9<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |    250000 | PA      | $257903.43    | 0.26%             | 2038-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                             | PR PRC 4 07/01/2035               | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    175000 | PA      | $178003.82    | 0.18%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP                                        | NY NYTTRN 4 12/01/2040            | CUSIP: 650116DV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $298777.44    | 0.31%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ELGIN TEX INDPT SCH DIST                                        | TX ELGSCD 4 08/01/2049            | CUSIP: 286533UL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $713295.60    | 0.73%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                             | TX HOUAPT 4 07/15/2041            | CUSIP: 442349GA8<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | MUN               | US        |    400000 | PA      | $378616.96    | 0.39%             | 2041-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP                                        | NY NYTTRN 5 07/01/2046            | CUSIP: 650116AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750297.83    | 0.77%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TR AUTH FLA                                             | FL CTSGEN 5.25 12/01/2055         | CUSIP: 14055AAG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100845.37    | 0.10%             | 2055-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP                                        | NY NYTTRN 6 04/01/2035            | CUSIP: 650116GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $837294.08    | 0.86%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                             | WI PUBGEN 5 01/01/2045            | CUSIP: 74442PQV0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50582.48     | 0.05%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                               | CA CCEDEV 01/01/2056              | CUSIP: 13013JFW1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    800000 | PA      | $893107.04    | 0.92%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH                               | VA VASDEV 5 01/01/2037            | CUSIP: 928104PL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $139516.42    | 0.14%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                              | IL CHIEDU 5 12/01/2040            | CUSIP: 167505XR2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1111759.88   | 1.14%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST HEALTH & EDL BLDG CORP                          | RI RISMED 5 07/01/2055            | CUSIP: 762244NZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100599.37    | 0.10%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO CITY BOARD OF EDUCATION (IL)                            | IL CHIEDU 5 04/01/2042            | CUSIP: 167510AU0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100948.74    | 0.10%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH                                 | KY KYSPWR 06/01/2055              | CUSIP: 74440DFN9<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    250000 | PA      | $270285.48    | 0.28%             | 2055-06-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y                                                    | NY NYC 03/01/2048                 | CUSIP: 64966QAA8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.21%             | 2048-03-01      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                     | IL CHI 5.5 01/01/2039             | CUSIP: 167486P52<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1079775.90   | 1.11%             | 2039-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH                                               | MI MISFIN 5 06/01/2049            | CUSIP: 59447TL92<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10033.59     | 0.01%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HOSP FIN AUTH                                  | WV WVSMED 06/01/2034              | CUSIP: 956622P40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $700000.00    | 0.72%             | 2034-06-01      | Variable      | 1.87%                 | No            |                  2 | On Loan: No      |
| CLARKSVILLE (TN), CITY OF                                       | TN CLAWTR 4 02/01/2051            | CUSIP: 182618PR3<br>LEI: 5493000GGEJLABLR8E68 | Long             | DBT              | MUN               | US        |    500000 | PA      | $468445.60    | 0.48%             | 2051-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                            | PR PRCGEN 4.33 07/01/2040         | CUSIP: 74529JRH0<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |    248000 | PA      | $248512.96    | 0.26%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY MUN WTR FIN AUTH                              | NY NYCUTL 4 06/15/2051            | CUSIP: 64972GZH0<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    500000 | PA      | $464588.80    | 0.48%             | 2051-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY INDL DEV AGY                                  | NY NYCDEV 4 03/01/2045            | CUSIP: 64971PKL8<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |    100000 | PA      | $96780.53     | 0.10%             | 2045-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                               | IL ILSGEN 4 10/01/2033            | CUSIP: 45204FGP4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    100000 | PA      | $91200.66     | 0.09%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FLA HEALTH FACS AUTH                            | FL PALMED 5 11/15/2042            | CUSIP: 69650MAY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $521104.80    | 0.53%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP                                        | NY NYTTRN 5 07/01/2041            | CUSIP: 650116AQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25023.69     | 0.03%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON (TX), CITY OF                                           | TX HOUAPT 5 07/15/2028            | CUSIP: 4423487V4<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103766.17    | 0.11%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                             | IN INDGEN 4.25 11/01/2030         | CUSIP: 45470CAG4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    100000 | PA      | $104475.47    | 0.11%             | 2030-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH                             | WI WISMED 4 12/01/2046            | CUSIP: 97712DPV2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    500000 | PA      | $477816.35    | 0.49%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                               | CA CCEDEV 5 12/01/2035            | CUSIP: 13013JHJ8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    700000 | PA      | $789101.39    | 0.81%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY MUN WTR FIN AUTH                              | NY NYCUTL 5 06/15/2049            | CUSIP: 64972GS96<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2129160.40   | 2.19%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HEALTH CARE FACS AUTH                             | WA WASMED 5 08/01/2044            | CUSIP: 93978HWK7<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    200000 | PA      | $205720.70    | 0.21%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSPORTATION AUTHORITY (NY)                      | NY MTATRN 4 11/15/2054            | CUSIP: 59260XCX4<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $928202.20    | 0.95%             | 2054-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WARRENSVILLE HEIGHTS OHIO CITY SCH DIST                         | OH WVHSCD 5 12/01/2044            | CUSIP: 936121KF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175086.57    | 0.18%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                             | IN INSUTL 5 10/01/2046            | CUSIP: 45505MFE1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    325000 | PA      | $326572.68    | 0.34%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND PKWY TRANSN CORP TEX                                      | TX GPTTRN 4 10/01/2040            | CUSIP: 38611TCA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506129.60    | 0.52%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP                                        | NY NYTTRN 5 06/30/2049            | CUSIP: 650116GX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $758726.03    | 0.78%             | 2049-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY (UT), CITY OF                                    | UT SALAPT 5 07/01/2043            | CUSIP: 795576HK6<br>LEI: 549300CRGKV67DRSGT85 | Long             | DBT              | MUN               | US        |    250000 | PA      | $256114.20    | 0.26%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N J                                | NJ TOBGEN 5.25 06/01/2046         | CUSIP: 888808HR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30218.50     | 0.03%             | 2046-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP                   | TX TXSTRN 5.5 06/30/2043          | CUSIP: 882667CM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $316922.97    | 0.33%             | 2043-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH                                               | MI MISFIN 4 11/15/2050            | CUSIP: 59447TUJ0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    100000 | PA      | $88542.82     | 0.09%             | 2050-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JOSHUA TEX INDPT SCH DIST                                       | TX JOSSCD 4 08/15/2049            | CUSIP: 481052VT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $327171.39    | 0.34%             | 2049-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PORT GTR CINCINNATI DEV AUTH OHIO                               | OH PRTDEV 5 12/01/2060            | CUSIP: 734191BG3<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    250000 | PA      | $256965.00    | 0.26%             | 2060-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY ARIZ INDL DEV AUTH                                | AZ MAREDU 4 07/01/2034            | CUSIP: 56681NEG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $406539.76    | 0.42%             | 2034-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHANDLER ARIZ INDL DEV AUTH                                     | AZ CHADEV 06/01/2049              | CUSIP: 158862CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $771796.28    | 0.79%             | 2049-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHERN UTE INDIAN TRIBE OF SOUTHN UTE INDIAN RESERVATION COLO | CO STH 5 04/01/2035               | CUSIP: 844090AD2<br>LEI: 549300X0RZRBWLO0J697 | Long             | DBT              | MUN               | US        |    400000 | PA      | $448438.52    | 0.46%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP                                        | NY NYTTRN 6 06/30/2054            | CUSIP: 650116GY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049766.30   | 1.08%             | 2054-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N J                                | NJ TOBGEN 5 06/01/2046            | CUSIP: 888808HQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $170308.92    | 0.17%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN NASHVILLE ARPT AUTH TENN                           | TN MNVAPT 5 07/01/2040            | CUSIP: 592190SN3<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1568497.28   | 1.61%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                             | IN INSFIN 4 07/01/2045            | CUSIP: 45471ATD4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    100000 | PA      | $90853.85     | 0.09%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHANDLER ARIZ INDL DEV AUTH                                     | AZ CHADEV 12/01/2037              | CUSIP: 158862CD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254860.45    | 0.26%             | 2037-12-01      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TEX HIGHER ED FIN CORP                                | TX ARLEDU 5.88 06/15/2065         | CUSIP: 041807PW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254783.08    | 0.26%             | 2065-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH                                    | NJ NJSDEV 5 10/01/2037            | CUSIP: 64578CCE9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    500000 | PA      | $509975.60    | 0.52%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEWARK HIGHER ED FIN CORP TEX                                   | TX NEWEDU 4 08/15/2031            | CUSIP: 650346DX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70511.22     | 0.07%             | 2031-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UTAH INFRASTRUCTURE AGY                                         | UT UTSFAC 5.25 10/15/2033         | CUSIP: 917467AT9<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |    200000 | PA      | $205410.64    | 0.21%             | 2033-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                             | NY NYTTRN 4.38 10/01/2045         | CUSIP: 650116DA1<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | MUN               | US        |    250000 | PA      | $241248.38    | 0.25%             | 2045-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEV FING AUTH                             | PA PASDEV 5.25 07/01/2049         | CUSIP: 70869PPB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $203158.62    | 0.21%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH                                            | PA PHIEDU 5 06/15/2050            | CUSIP: 71780CBA7<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    100000 | PA      | $94278.54     | 0.10%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                              | IL CHIEDU 5 12/01/2046            | CUSIP: 167505TK2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    850000 | PA      | $808487.19    | 0.83%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                 | NJ NJSTRN 4.12 06/15/2050         | CUSIP: 64613CGJ1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    500000 | PA      | $482273.40    | 0.49%             | 2050-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH                                               | MI MGFFAC 5.5 02/28/2057          | CUSIP: 59447NBE5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    225000 | PA      | $234430.99    | 0.24%             | 2057-02-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH                                    | OH OHSDEV 5 07/01/2049            | CUSIP: 67754AAF1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    500000 | PA      | $466395.15    | 0.48%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST HARRIS CNTY TEX REGL WTR AUTH                              | TX WHRWTR 4 12/15/2049            | CUSIP: 95308RRG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $92151.65     | 0.09%             | 2049-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ENERGY ACQUISITION CORP                               | TN TNSUTL 5.25 09/01/2026         | CUSIP: 880443BS4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |    235000 | PA      | $237725.88    | 0.24%             | 2026-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                               | IL ILSGEN 08/01/2044              | CUSIP: 45200F6G9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2300000.00   | 2.36%             | 2044-08-01      | Variable      | 1.70%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                              | IL CHIEDU 5.88 12/01/2047         | CUSIP: 167505ZF6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    500000 | PA      | $516761.85    | 0.53%             | 2047-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H                                           | NH NFADEV 5 06/01/2055            | CUSIP: 63607YCX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002757.10   | 1.03%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS CNTY NEB HOSP AUTH NO 2                                 | NE DOUMED 4 11/15/2036            | CUSIP: 259230PA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $434455.53    | 0.45%             | 2036-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HIGH PERFORMANCE TRAN ENTERPRISE                       | CO COHTRN 5 12/31/2051            | CUSIP: 19648DAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $229988.25    | 0.24%             | 2051-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO CITY BOARD OF EDUCATION (IL)                            | IL CHIEDU 5.75 04/01/2048         | CUSIP: 167510BJ4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    750000 | PA      | $798779.03    | 0.82%             | 2048-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP                                      | NY NYSDEV 3 03/15/2048            | CUSIP: 650036CJ3<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |    250000 | PA      | $191406.28    | 0.20%             | 2048-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HOUSING & ECONOMIC DEVELOPMENT AUTHORITY (WI)         | WI WISHSG 09/01/2035              | CUSIP: 97689PX37<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.10%             | 2035-09-01      | Variable      | 2.10%                 | No            |                  2 | On Loan: No      |
| CHICAGO (IL), CITY OF                                           | IL CHITRN 5 07/01/2048            | CUSIP: 167590FA1<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50284.52     | 0.05%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH                               | VA VASDEV 5 12/31/2047            | CUSIP: 928104QJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $203155.18    | 0.21%             | 2047-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HIGHER EDL FAC COMMN                                    | OH OHSEDU 5 12/01/2034            | CUSIP: 67756DQU3<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |    500000 | PA      | $524779.85    | 0.54%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                               | CA CCEDEV 01/01/2055              | CUSIP: 13013JEA0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2326360.96   | 2.39%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST STAD AUTH                                           | MD MDSEDU 4 06/01/2046            | CUSIP: 574294AV6<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |    250000 | PA      | $243489.53    | 0.25%             | 2046-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH                                    | NJ NJSDEV 5.12 07/01/2042         | CUSIP: 6459182F9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150771.60    | 0.15%             | 2042-07-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| VILLAGE CMNTY DEV DIST NO 15 FLA                                | FL VGEDEV 5.25 05/01/2054         | CUSIP: 92708KAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $166268.83    | 0.17%             | 2054-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP                                        | NY NYTTRN 4.5 12/31/2054          | CUSIP: 650116HU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $483131.95    | 0.50%             | 2054-12-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER & EXPOSITION AUTH ILL                         | IL MPNFAC 0 12/15/2056            | CUSIP: 592250DA9<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    310000 | PA      | $72396.25     | 0.07%             | 2056-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA CONVENTION CTR AUTH                           | PA LANFAC 4.75 05/01/2057         | CUSIP: 514042BE9<br>LEI: 549300F347A3TMO7B762 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251704.43    | 0.26%             | 2057-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                               | IL ILSMEC 5 10/01/2030            | CUSIP: 452031AH0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    250000 | PA      | $268761.15    | 0.28%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y                                                    | NY NYC 08/01/2040                 | CUSIP: 64966LCP4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3600000.00   | 3.69%             | 2040-08-01      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH                                 | KY KYSPWR 5 05/01/2036            | CUSIP: 74440DGL2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1100112.50   | 1.13%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH                           | SC SCSMED 4 12/01/2044            | CUSIP: 83703EMQ5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    250000 | PA      | $235511.18    | 0.24%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REGENTS OF THE UNIVERSITY OF CALIFORNIA (THE) (CA)              | CA UNVHGR 05/15/2048              | CUSIP: 91412GSG1<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.10%             | 2048-05-15      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IND LOC PUB IMPT BD BK                             | IN INPGEN 4 02/01/2044            | CUSIP: 45528UZG9<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100135.37    | 0.10%             | 2044-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH                         | PR PRCUTL 5 07/01/2047            | CUSIP: 745160SJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501121.15    | 0.51%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                  | AL BBEUTL 5 08/01/2035            | CUSIP: 09182TFS1<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    250000 | PA      | $279117.75    | 0.29%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                     | IL CHI 5.5 01/01/2035             | CUSIP: 167486D71<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    385000 | PA      | $401142.93    | 0.41%             | 2035-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FLA HEALTH FACS AUTH                            | FL PALMED 5 11/01/2034            | CUSIP: 69651ABU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $220372.52    | 0.23%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP                                      | NEW YORK ST URBAN DEV CORP (TOBS) | CUSIP: 64985TEP2<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057092.50   | 1.08%             | 2047-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                         | GA MAIUTL 09/01/2053              | CUSIP: 56035DFK3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    250000 | PA      | $270007.20    | 0.28%             | 2053-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                               | CA CCEDEV 02/01/2055              | CUSIP: 13013JEP7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1915441.15   | 1.97%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                               | CA CCEDEV 05/01/2053              | CUSIP: 13013JBJ4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    200000 | PA      | $204798.34    | 0.21%             | 2053-05-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SECURITIZATION AUTH SOUTHN CALIF                        | CA TOBGEN 5 06/01/2048            | CUSIP: 888804CR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101192.56    | 0.10%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD                                        | MI MISGEN 5 12/31/2043            | CUSIP: 594698QT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101520.58    | 0.10%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENERGY SOUTHEAST ALA COOP DIST                                  | AL ESDPWR 04/01/2054              | CUSIP: 292723AY9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1128317.20   | 1.16%             | 2054-04-01      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                     | IL ILS 5 05/01/2036               | CUSIP: 452152X97<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    250000 | PA      | $259731.53    | 0.27%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT AUTH N Y & N J                                             | NY PORTRN 4 07/15/2045            | CUSIP: 73358W5S9<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $970397.80    | 1.00%             | 2045-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                     | IL ILS 5 11/01/2027               | CUSIP: 452152P96<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    225000 | PA      | $234756.52    | 0.24%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALAMEDA CORRIDOR TRANSN AUTH CALIF                              | CA ALATRN 5 10/01/2036            | CUSIP: 010869HA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50571.53     | 0.05%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX                                                     | TX HOU 4.12 03/01/2051            | CUSIP: 442332EE8<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    300000 | PA      | $283668.81    | 0.29%             | 2051-03-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| NY NYCUTL 5.25 06/15/2052                                       | NY NYCUTL 5.25 06/15/2052 (TOBS)  | CUSIP: 64972GB60<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056468.27   | 1.08%             | 2052-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LONG BEACH CALIF BD FIN AUTH                                    | CA LONUTL 5.5 11/15/2037          | CUSIP: 54241AAZ6<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |     50000 | PA      | $61013.90     | 0.06%             | 2037-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST HEALTH & EDL BLDG CORP                          | RI RISMED 5 07/01/2050            | CUSIP: 762244NY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101140.92    | 0.10%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP                                        | NY NYTTRN 5.5 12/31/2054          | CUSIP: 650116HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $205974.68    | 0.21%             | 2054-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ALA GAS SUPPLY DIST                                   | AL SOUUTL 5 04/01/2032            | CUSIP: 84131TAZ5<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |    500000 | PA      | $545122.65    | 0.56%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                         | CA CASFIN 4 07/15/2029            | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |     75000 | PA      | $76485.23     | 0.08%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MISSION TEX ECONOMIC DEV CORP                                   | TX MISPOL 12/01/2064              | CUSIP: 605155BW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $188744.47    | 0.19%             | 2064-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HIGH PERFORMANCE TRAN ENTERPRISE                       | CO COHTRN 5 12/31/2047            | CUSIP: 19648DAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100001.23    | 0.10%             | 2047-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHANDLER ARIZ INDL DEV AUTH                                     | AZ CHADEV 12/01/2035              | CUSIP: 158862CC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020077.50   | 1.05%             | 2035-12-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP                                        | NY NYTTRN 0 12/31/2054            | CUSIP: 650116HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $135087.04    | 0.14%             | 2054-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                             | IN INSMED 4 12/01/2049            | CUSIP: 45470YEW7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $926178.80    | 0.95%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH                           | OH BUCGEN 5 06/01/2055            | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $206755.75    | 0.21%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVER ISLANDS PUB FING AUTH CALIF                               | CA RVIGEN 5.5 09/01/2048          | CUSIP: 76827QJY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $259853.53    | 0.27%             | 2048-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HAYS TEX CONS INDPT SCH DIST                                    | TX HAYSCD 4 02/15/2047            | CUSIP: 4211107D3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $193554.56    | 0.20%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                             | PR PRC 4 07/01/2041               | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    100000 | PA      | $97057.34     | 0.10%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                             | WI PUBMED 5 10/01/2052            | CUSIP: 74447GAB6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $256374.30    | 0.26%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST FACS AUTH                                             | OR ORSFAC 08/01/2034              | CUSIP: 68608JXF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100000.00   | 1.13%             | 2034-08-01      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER & EXPOSITION AUTH ILL                         | IL MPNFAC 5 12/15/2045            | CUSIP: 592250DL5<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    500000 | PA      | $508702.40    | 0.52%             | 2045-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIA MET TRAN ADVANCED TRANSN DIST TEX                           | TX VTDTRN 4 08/01/2054            | CUSIP: 92555FDH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $461297.95    | 0.47%             | 2054-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TULSA OKLA MUN ARPT TR                                          | OK TULAPT 6.25 12/01/2035         | CUSIP: 899661EM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $388255.13    | 0.40%             | 2035-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP                      | TX TAREDU 4 10/01/2047            | CUSIP: 87638QSA8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    250000 | PA      | $229548.28    | 0.24%             | 2047-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH COOP DIST ALA                             | AL SEEPWR 03/01/2055              | CUSIP: 84136HBT9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    350000 | PA      | $375065.81    | 0.38%             | 2055-03-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| TULSA OKLA MUN ARPT TR                                          | OK TULAPT 6.25 12/01/2040         | CUSIP: 899661EN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $45555.57     | 0.05%             | 2040-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ENERGY ACQUISITION CORP                               | TN TNSUTL 05/01/2053              | CUSIP: 880443JF4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |    500000 | PA      | $522338.00    | 0.54%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH                                           | AZ AZSEDU 5 07/01/2038            | CUSIP: 04052BFT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $508997.15    | 0.52%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                         | CA CASFIN 5 12/31/2034            | CUSIP: 13048VBU1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103820.37    | 0.11%             | 2034-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN                     | CA SFOAPT 5 05/01/2047            | CUSIP: 79766DRK7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |    400000 | PA      | $402869.84    | 0.41%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEV FING AUTH                             | PA PASDEV 5.25 06/30/2053         | CUSIP: 70868YAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1373782.41   | 1.41%             | 2053-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP                   | TX TXSTRN 4 12/31/2035            | CUSIP: 882667BL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76574.70     | 0.08%             | 2035-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| M-S-R ENERGY AUTH CALIF                                         | CA MSRPWR 6.12 11/01/2029         | CUSIP: 55374SAD2<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |    100000 | PA      | $106368.67    | 0.11%             | 2029-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA HOSP DEV AUTH                                 | PA ALLMED 4 07/15/2039            | CUSIP: 01728A5C6<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151179.75    | 0.16%             | 2039-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                             | PR PRC 4 07/01/2037               | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    760000 | PA      | $761570.39    | 0.78%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH                                           | NY NYSHGR 4 07/01/2051            | CUSIP: 65000BPS1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    250000 | PA      | $232988.80    | 0.24%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                                  | NY NYCMFH 2.4 11/01/2050          | CUSIP: 64972ESG5<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $658201.20    | 0.68%             | 2050-11-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| PATRIOTS ENERGY GROUP FING AGY S C                              | SC PEGUTL 02/01/2054              | CUSIP: 70342PAS3<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |    250000 | PA      | $259980.58    | 0.27%             | 2054-02-01      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| CHICAGO (IL), CITY OF                                           | IL CHITRN 5 01/01/2043            | CUSIP: 1675932K7<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    250000 | PA      | $262611.93    | 0.27%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                 | NJ NJSTRN 4.25 06/15/2040         | CUSIP: 64613CCU0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    350000 | PA      | $365663.13    | 0.38%             | 2040-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CNTY FLA AVIATION AUTH                             | FL HILTRN 5 10/01/2043            | CUSIP: 432308H64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $205296.86    | 0.21%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH                                 | WV WVSDEV 04/15/2055              | CUSIP: 95648VBV0<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    150000 | PA      | $154499.51    | 0.16%             | 2055-04-15      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FLA HEALTH FACS AUTH                                | FL ORAMED 5 10/01/2053            | CUSIP: 68450LHL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257965.28    | 0.26%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP                                        | NY NYTTRN 5.62 04/01/2040         | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $749542.99    | 0.77%             | 2040-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH                                    | OH OHSDEV 11/01/2039              | CUSIP: 677525WV5<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101649.83    | 0.10%             | 2039-11-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HEALTH & EDL FACS AUTH                              | MO MOSMED 5 02/01/2042            | CUSIP: 60635H2S7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51024.38     | 0.05%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH                                           | NY NYSGEN 5 02/15/2041            | CUSIP: 64990KDC4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102677.72    | 0.11%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH                                    | OH OHSDEV 11/01/2042              | CUSIP: 677525WF0<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    100000 | PA      | $96888.37     | 0.10%             | 2042-11-01      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA TPK AUTH                                         | NC NCSTRN 5 07/01/2042            | CUSIP: 65830UAB8<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5017.41      | 0.01%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKALOOSA CNTY FLA                                               | FL OKADEV 5.5 05/15/2045          | CUSIP: 678226AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104103.72    | 0.11%             | 2045-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VINEYARD REDEV AGY UTAH                                         | UT VINGEN 4 05/01/2046            | CUSIP: 92743FCE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $264840.02    | 0.27%             | 2046-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE & JEFFERSON CNTY KY METRO GOVT                       | KY LOUMED 4 10/01/2040            | CUSIP: 54659LCA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500094.35    | 0.51%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SALT VERDE FINL CORP SR GAS                                     | AZ SLTPWR 5 12/01/2032            | CUSIP: 79575EAR9<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |    495000 | PA      | $548231.41    | 0.56%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                            | PR PRCGEN 4.55 07/01/2040         | CUSIP: 74529JPV1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10067.01     | 0.01%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                  | AL BBEUTL 06/01/2049              | CUSIP: 09182TCR6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    200000 | PA      | $214392.78    | 0.22%             | 2049-06-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP                                        | NY NYTTRN 5 07/01/2030            | CUSIP: 650116AU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50073.24     | 0.05%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CASTLEBERRY TEX INDPT SCH DIST                                  | TX CTBSCD 4 02/15/2049            | CUSIP: 148537QK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $238141.00    | 0.24%             | 2049-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                       | CO COSMED 5.25 11/01/2052         | CUSIP: 19648FWU4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    150000 | PA      | $156163.40    | 0.16%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CENTRAL TEX REGL MOBILITY AUTH                                  | TX CTXGEN 4 01/01/2051            | CUSIP: 155498LX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1124749.68   | 1.15%             | 2051-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ISLE WIGHT CNTY VA ECONOMIC DEV AUTH                            | VA ILWDEV 4.75 07/01/2053         | CUSIP: 464637AR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252820.93    | 0.26%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H                                           | NH NFADEV 5 12/01/2035            | CUSIP: 63607YCQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1150598.20   | 1.18%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MELISSA TEX INDPT SCH DIST                                      | TX MELSCD 4 02/01/2054            | CUSIP: 585488ZQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $230810.25    | 0.24%             | 2054-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER & EXPOSITION AUTH ILL                         | IL MPNFAC 4 12/15/2047            | CUSIP: 592250EX8<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    500000 | PA      | $447393.85    | 0.46%             | 2047-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                            | PR PRCGEN 0 07/01/2046            | CUSIP: 74529JQG3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |    630000 | PA      | $226617.68    | 0.23%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH                                 | WV WVSDEV 01/01/2055              | CUSIP: 95648VBU2<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    100000 | PA      | $109623.87    | 0.11%             | 2055-01-01      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WASH                                               | WA PTSGEN 5 08/01/2041            | CUSIP: 735389V70<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |    250000 | PA      | $268832.43    | 0.28%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                 | NJ NJSTRN 0 12/15/2031            | CUSIP: 646136EU1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2146560.50   | 2.20%             | 2031-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY ALA                                              | AL JEFUTL 5.5 10/01/2053          | CUSIP: 472682ZS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $795739.65    | 0.82%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELEC AUTH GA                                          | GA MELPWR 5.5 07/01/2064          | CUSIP: 62620HHQ8<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    150000 | PA      | $155596.34    | 0.16%             | 2064-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UTAH ST CHARTER SCH FIN AUTH                                    | UT UTSEDU 5 10/15/2038            | CUSIP: 91754TWJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $224428.16    | 0.23%             | 2038-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                             | NY NYTTRN 5 01/01/2032            | CUSIP: 650116CL8<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | MUN               | US        |     45000 | PA      | $46573.67     | 0.05%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARKANSAS ST DEV FIN AUTH                                        | AR ARSDEV 5.7 05/01/2053          | CUSIP: 04110FAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $204516.80    | 0.21%             | 2053-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| DENVER (CO), CITY AND COUNTY OF                                 | CO DENAPT 5 11/15/2032            | CUSIP: 249182UT1<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |    500000 | PA      | $569066.50    | 0.58%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HEALTH CARE FACS AUTH                             | WA WASMED 5 09/01/2050            | CUSIP: 93978HXK6<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102328.49    | 0.11%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                               | CA CCEDEV 07/01/2053              | CUSIP: 13013JCB0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    500000 | PA      | $531895.40    | 0.55%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS TEX INDPT SCH DIST                                       | TX DALSCD 02/15/2056              | CUSIP: 235308Y23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $546266.40    | 0.56%             | 2056-02-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                       | CO COSMED 5.5 11/01/2047          | CUSIP: 19648FWT7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    150000 | PA      | $159488.54    | 0.16%             | 2047-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSN DEV CORP                                        | NY NYTTRN 5.38 06/30/2060         | CUSIP: 650116HA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251064.98    | 0.26%             | 2060-06-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIBERTY DEV CORP                                       | NY NYCDEV 5 11/15/2044            | CUSIP: 649519DA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100164.85    | 0.10%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL PLAINS ENERGY PROJ NEB                                  | NE CENPWR 5 09/01/2033            | CUSIP: 154871CJ4<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1124874.30   | 1.15%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y                                                    | NY NYC 09/01/2049                 | CUSIP: 64966QH37<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    900000 | PA      | $900000.00    | 0.92%             | 2049-09-01      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-23

**Name of Applicant:** Legg Mason Partners Institutional Trust

**Signature:** Christopher Berarducci

**Name of Signer:** Christopher Berarducci

**Title:** Principal Financial Officer