# EDGAR Filing Document

**Accession Number:** 0000879569
**File Stem:** 0000879569-26-000014
**Filing Date:** 2026-5
**Character Count:** 124706
**Document Hash:** 7cdef8380042f5eeb8bec34041257aa7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000879569-26-000014.hdr.sgml**: 20260522

**ACCESSION NUMBER**: 0000879569-26-000014

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260522

**DATE AS OF CHANGE**: 20260522

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes Fixed Income Securities, Inc.
- **CENTRAL INDEX KEY:** 0000879569

**ORGANIZATION NAME:**
- **EIN:** 251668690
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06447
- **FILM NUMBER:** 261011155

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561
- **BUSINESS PHONE:** 8003417400

**MAIL ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED FIXED INCOME SECURITIES INC
- **DATE OF NAME CHANGE:** 20200616

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED HERMES FIXED INCOME SECURITIES INC
- **DATE OF NAME CHANGE:** 20200615

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED FIXED INCOME SECURITIES INC
- **DATE OF NAME CHANGE:** 20000810

## Series and Classes Contracts Data

### Federated Hermes Municipal Ultrashort Fund (Series ID: S000009738)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000026755 | Class A Shares       | FMUUX           |
| C000026756 | Institutional Shares | FMUSX           |
| C000212354 | Class R6 Shares      | FMULX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Federated Hermes Fixed Income Securities, Inc.

- **b. Investment Company Act file number:** 811-06447

- **c. CIK number of Registrant:** 0000879569

- **d. LEI of Registrant:** 254900OYMR6KVQBBZ575

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

  - **Street Address 1:** Federated Hermes Funds

  - **City:** Warrendale

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 15086-7561

  - **Telephone number:** 8003417400

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

- **a. Name of Series:** Federated Hermes Municipal Ultrashort Fund

- **b. EDGAR series identifier (if any):** S000009738

- **c. LEI of Series:** 6ZXTUV90KY21QB935D74

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1527293728.91

**Total Liabilities:** $14457029.73

**Net Assets:** $1512836699.18

**Delayed Delivery Securities:** $8859100.00

**Cash Not Reported:** $211558.87

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -8259.566600900000 | **1-Year:** -62547.787902600000 | **5-Year:** -55057.118147900000 | **10-Year:** -68802.412775900000 | **30-Year:** -84932.742095900000

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

- **3-Month:** -1764.145814100000 | **1-Year:** -2988.133641500000 | **5-Year:** -1643.732668800000 | **10-Year:** -1582.291351300000 | **30-Year:** -3704.616947200000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000026755 | 0.40%                | 0.30%                | -0.08%               |
| Class ID C000026756 | 0.41%                | 0.31%                | -0.07%               |
| Class ID C000212354 | 0.32%                | 0.31%                | -0.07%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-0.72                   | $2213523.91                                |
| Month 2  | $-0.17                   | $1474468.84                                |
| Month 3  | $0.00                    | $-4851371.43                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SALT LAKE CITY (UT), CITY OF                                  | City of Salt Lake City UT Airport Revenue                                       | CUSIP: 795576MJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4021957.50   | 0.27%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP (TX) | Harris County Cultural Education Facilities Finance Corp                        | CUSIP: 414008CX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.33%             | 2046-11-15      | Variable      | 2.87%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE             | Harris County Cultural Education Facilities Finance Corp                        | CUSIP: 414009RB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1250000.00   | 0.08%             | 2041-10-01      | Floating      | 2.70%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                   | State of Illinois                                                               | CUSIP: 452153JK6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2084817.80   | 0.14%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH                       | NY NYCGEN 08/01/2052                                                            | CUSIP: 64971XY44<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2200000.00   | 0.15%             | 2052-08-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y                                                  | NY NYC 10/01/2046                                                               | CUSIP: 64966MU98<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   4350000 | PA      | $4350000.00   | 0.29%             | 2046-10-01      | Variable      | 2.85%                 | No            |                  2 | On Loan: No      |
| CUYAHOGA METROPOLITAN HOUSING AUTHORITY (OH)                  | Cuyahoga Metropolitan Housing Authority                                         | CUSIP: 23239TAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4004689.60   | 0.26%             | 2027-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                       | California Municipal Finance Authority                                          | CUSIP: 13048RAL1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2998686.60   | 0.20%             | 2041-10-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH                                          | PA PHIMED 07/01/2054                                                            | CUSIP: 717901CC4<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2900000.00   | 0.19%             | 2054-07-01      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| BAPTIST HEALTH SOUTH FLORIDA INC                              | City Of South Miami Health Facilities Authority Inc                             | CUSIP: 838810EM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2152884.40   | 0.14%             | 2065-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BAY AREA TOLL AUTH CALIF                                      | Bay Area Toll Authority                                                         | CUSIP: 072024XT4<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6954060.40   | 0.46%             | 2056-04-01      | Floating      | 2.72%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA HOUSING FINANCE AGENCY (OK)                          | Oklahoma Housing Finance Agency                                                 | CUSIP: 678901EH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2995961.10   | 0.20%             | 2047-10-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| TENDER OPTION BOND TRUST                                      | Tender Option Bond Trust Receipts/Certificates                                  | CUSIP: 88035PHF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21115000 | PA      | $21115000.00  | 1.40%             | 2027-10-01      | Floating      | 2.82%                 | No            |                  2 | On Loan: No      |
| OHIO HSG FIN AGY                                              | Ohio Housing Finance Agency                                                     | CUSIP: 676900XE8<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   2735000 | PA      | $2744450.52   | 0.18%             | 2045-06-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| NUVEEN AMT-FREE MUN CR INCOME FD                              | Nuveen AMT-Free Municipal Credit Income Fund                                    | CUSIP: 67071L791<br>LEI: 549300LBMO1C0IG71T03 | Long             | DBT              | MUN               | US        |  13800000 | PA      | $13800000.00  | 0.91%             | 2031-12-01      | Variable      | 2.87%                 | No            |                  2 | On Loan: No      |
| RURAL WTR FING AGY KY                                         | Rural Water Financing Agency                                                    | CUSIP: 781741AV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4972466.00   | 0.33%             | 2027-05-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| JEFFERSON (AL), COUNTY OF                                     | County of Jefferson AL Sewer Revenue                                            | CUSIP: 472682YV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1769729.68   | 0.12%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX                                                   | City of Houston TX                                                              | CUSIP: 442332CR1<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    925000 | PA      | $966838.68    | 0.06%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STAMFORD CONN HSG AUTH                                        | Stamford Housing Authority                                                      | CUSIP: 852640AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015300.40   | 0.13%             | 2030-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OHIO ST                                                       | OH OHSMED 01/15/2045                                                            | CUSIP: 67756CCF3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   4700000 | PA      | $4700000.00   | 0.31%             | 2045-01-15      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                       | Main Street Natural Gas Inc                                                     | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2654396.50   | 0.18%             | 2054-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NUVEEN CA A 10/47 1                                           | Nuveen California AMT-Free Quality Municipal Income Fund                        | CUSIP: 670651868<br>LEI: 5493005SR7RRUAG9VK19 | Long             | DBT              | MUN               | US        |  23300000 | PA      | $23300000.00  | 1.54%             | 2047-10-01      | Floating      | 2.87%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                       | Main Street Natural Gas Inc                                                     | CUSIP: 56035DGX4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    265000 | PA      | $267066.60    | 0.02%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                | Black Belt Energy Gas District                                                  | CUSIP: 09182TAN7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  25500000 | PA      | $25456563.30  | 1.68%             | 2052-10-01      | Floating      | 2.77%                 | No            |                  2 | On Loan: No      |
| LEE COUNTY HOUSING FINANCE AUTHORITY (FL)                     | FL LEEMFH 12/01/2047                                                            | CUSIP: 52349HBL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2450207.50   | 0.16%             | 2047-12-01      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IND LOC PUB IMPT BD BK                           | Indianapolis Local Public Improvement Bond Bank                                 | CUSIP: 45528VFT1<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3104417.10   | 0.21%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CALIF HSG AUTH                                      | San Diego Housing Authority Inc                                                 | CUSIP: 79728FLH2<br>LEI: 549300X9H1ODNOOT1Q87 | Long             | DBT              | MUN               | US        |   9300000 | PA      | $9405705.66   | 0.62%             | 2057-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                | AL BBEUTL 5 12/01/2028                                                          | CUSIP: 09182THL4<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1554382.80   | 0.10%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA HOUSING FINANCE AGENCY (OK)                          | Oklahoma Housing Finance Agency                                                 | CUSIP: 67886UAV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2502498.75   | 0.17%             | 2044-07-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV   | Pennsylvania Economic Development Financing Authority                           | CUSIP: 708692BL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499885.85   | 0.10%             | 2034-04-01      | Floating      | 3.25%                 | No            |                  2 | On Loan: No      |
| E 470 PUB HWY AUTH COLO                                       | E-470 Public Highway Authority                                                  | CUSIP: 26822LMX9<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2497144.75   | 0.17%             | 2039-09-01      | Floating      | 3.18%                 | No            |                  2 | On Loan: No      |
| KINGSPORT TENN INDL DEV BRD                                   | Industrial Development Board Of The City Of Kingsport Tennessee/The             | CUSIP: 496451AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5976515.40   | 0.40%             | 2029-09-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH D C ARPTS AUTH                              | Metropolitan Washington Airports Authority Aviation Revenue                     | CUSIP: 592647NK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1222302.97   | 0.08%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP                     | TX HAREDU 12/01/2060                                                            | CUSIP: 414009TK6<br>LEI: 549300Y1E42JLBRENF23 | Long             | DBT              | MUN               | US        |   5200000 | PA      | $5200000.00   | 0.34%             | 2060-12-01      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH                           | Wisconsin Health & Educational Facilities Authority                             | CUSIP: 97712JHF3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7530454.50   | 0.50%             | 2027-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ALACHUA COUNTY HEALTH FACILITIES AUTHORITY (FL)               | Alachua County Health Facilities Authority                                      | CUSIP: 010684BQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1391094.49   | 0.09%             | 2030-10-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| NUVEEN NY AMT FREE QUALITY MUN 05/47 1                        | Nuveen New York AMT-Free Quality Municipal Income Fund                          | CUSIP: 670656867<br>LEI: 549300V4X2BF3UXSCQ58 | Long             | DBT              | MUN               | US        |   5400000 | PA      | $5400000.00   | 0.36%             | 2047-05-01      | Variable      | 2.87%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH                                      | Michigan State Housing Development Authority                                    | CUSIP: 59465FAF7<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3493080.50   | 0.23%             | 2029-05-01      | Variable      | 2.92%                 | No            |                  2 | On Loan: No      |
| TEXAS MUN GAS ACQUISTION & SUPPLY CORP VI                     | Texas Municipal Gas Acquisition & Supply Corp VI                                | CUSIP: 88256FAB8<br>LEI: 254900OCOQCKZZ4U6C83 | Long             | DBT              | MUN               | US        |    375000 | PA      | $385334.36    | 0.03%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                | AL BBEUTL 5 12/01/2029                                                          | CUSIP: 09182THM2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1567533.15   | 0.10%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALABAMA HSG FIN AUTH                                          | Alabama Housing Finance Authority                                               | CUSIP: 01030PHD1<br>LEI: 549300VFN7EHPOFS7D76 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003418.40   | 0.13%             | 2028-12-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                           | Pactiv Evergreen Group Issuer Inc/Pactiv Evergreen Group Issuer LLC             | CUSIP: 74447HAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7508029.50   | 0.50%             | 2046-10-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BK SPEARS/LIFERS TR VAR STS                          | Deutsche Bank Spears/Lifers Trust                                               | CUSIP: 25156SJZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.33%             | 2030-05-01      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| YONKERS NY                                                    | City of Yonkers NY                                                              | CUSIP: 9860824N2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2506566.75   | 0.17%             | 2026-12-03      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY MUN WTR FIN AUTH                            | NY NYCUTL 06/15/2044                                                            | CUSIP: 64972F2J4<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3300000.00   | 0.22%             | 2044-06-15      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK                   | California Infrastructure & Economic Development Bank                           | CUSIP: 13034AN48<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   6750000 | PA      | $6744386.03   | 0.45%             | 2050-12-01      | Floating      | 3.11%                 | No            |                  2 | On Loan: No      |
| EAGLE MTN & SAGINAW TEX INDPT SCH DIST                        | Eagle Mountain & Saginaw Independent School District                            | CUSIP: 269696SK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4262028.54   | 0.28%             | 2050-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| ECTOR CNTY TEX INDPT SCH DIST                                 | Ector County Independent School District                                        | CUSIP: 279263SF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20306362.00  | 1.34%             | 2049-08-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY HSG CORP                                             | Kentucky Housing Corp                                                           | CUSIP: 49131CAA0<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |   7795000 | PA      | $7808260.85   | 0.52%             | 2043-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| GEORGIA DEVELOPMENT AUTHORITY (GA)                            | GA APPPOL 09/01/2041                                                            | CUSIP: 038315EV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2100000.00   | 0.14%             | 2041-09-01      | Variable      | 2.85%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY MUN WTR FIN AUTH                            | NY NYCUTL 06/15/2033                                                            | CUSIP: 64972GZW7<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   8800000 | PA      | $8800000.00   | 0.58%             | 2033-06-15      | Variable      | 2.85%                 | No            |                  2 | On Loan: No      |
| BOLIVAR-RICHBURG NY CENTRL SCH DIST                           | Bolivar-Richburg Central School District                                        | CUSIP: 097649FL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5007029.50   | 0.33%             | 2026-06-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TEXAS A & M UNIV                                              | Texas A&M University                                                            | CUSIP: 88213ATE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2507520.25   | 0.17%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND                 | Nuveen AMT-Free Quality Municipal Income Fund                                   | CUSIP: 670657774<br>LEI: 549300OTYQOOXS64NI63 | Long             | DBT              | MUN               | US        |  25155000 | PA      | $25155000.00  | 1.66%             | 2029-03-01      | Floating      | 2.87%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH                                     | Wayne County Airport Authority                                                  | CUSIP: 9445142S6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3920000 | PA      | $4113893.39   | 0.27%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                | Black Belt Energy Gas District                                                  | CUSIP: 09182TFW2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2199621.69   | 0.15%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH                               | West Virginia Economic Development Authority                                    | CUSIP: 95648VBW8<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4268060.16   | 0.28%             | 2042-12-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY                                  | Massachusetts Development Finance Agency                                        | CUSIP: 57584Y8H5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.01%             | 2048-03-01      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| TEXAS TRANSN COMMN ST HWY FD                                  | Central Texas Turnpike System                                                   | CUSIP: 88283KBQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4276866.80   | 0.28%             | 2042-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMN                                   | Washington State Housing Finance Commission                                     | CUSIP: 93978PPU5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   4801000 | PA      | $4816011.29   | 0.32%             | 2043-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBIA AL INDL DEV BRD POLL CONTROL REVENUE                 | Columbia Industrial Development Board                                           | CUSIP: 197210AT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7500000.00   | 0.50%             | 2028-06-01      | Floating      | 2.73%                 | No            |                  2 | On Loan: No      |
| NORTH DAKOTA ST HSG FIN AGY                                   | North Dakota Housing Finance Agency                                             | CUSIP: 65888RBU3<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2999438.40   | 0.20%             | 2044-05-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| NUVEEN AMT-FREE MUN CR INCOME FD                              | Nuveen AMT-Free Municipal Credit Income Fund                                    | CUSIP: 67071L825<br>LEI: 549300LBMO1C0IG71T03 | Long             | DBT              | MUN               | US        |  26140000 | PA      | $26140000.00  | 1.73%             | 2029-03-01      | Variable      | 2.87%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA HEALTH EDUCATIONAL AND HOUSING (TN)               | Chattanooga Health Educational & Housing Facility Board                         | CUSIP: 162404DU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2738470.63   | 0.18%             | 2044-05-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AZ)           | Arizona Industrial Development Authority                                        | CUSIP: 04062PCA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001701.20   | 0.07%             | 2045-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST HLTH FACS AUTH                                     | Arizona Health Facilities Authority                                             | CUSIP: 040507QB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5735000 | PA      | $5735000.00   | 0.38%             | 2046-01-01      | Floating      | 2.70%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                | AL BBEUTL 5 07/01/2028                                                          | CUSIP: 09182THD2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    850000 | PA      | $877299.88    | 0.06%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA HSG CORP                                            | Louisiana Housing Corp                                                          | CUSIP: 54627CBW2<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2607058.74   | 0.17%             | 2027-08-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN NASHVILLE ARPT AUTH TENN                         | Metropolitan Nashville Airport Authority/The                                    | CUSIP: 592190NT5<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1873187.46   | 0.12%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TEX HSG TR PUB FAC CORP                           | San Antonio Housing Trust Public Facility Corp                                  | CUSIP: 79626VAF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4526188.20   | 0.30%             | 2029-07-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| LANCASTER PORT AUTH OHIO GAS                                  | Lancaster Port Authority                                                        | CUSIP: 514401BN7<br>LEI: 5493007EGWLFDZJFF129 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3157243.80   | 0.21%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH                               | Kentucky Public Energy Authority                                                | CUSIP: 74440DFH2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    750000 | PA      | $771091.80    | 0.05%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FARMINGTON N MEX                                              | City of Farmington NM                                                           | CUSIP: 311450GE4<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4090132.80   | 0.27%             | 2040-06-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY                                       | New York State Housing Finance Agency                                           | CUSIP: 64987J6Y2<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4003620.40   | 0.26%             | 2065-05-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| LOUISIANA HSG CORP                                            | Louisiana Housing Corp                                                          | CUSIP: 54627CCH4<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |   7565000 | PA      | $7579964.33   | 0.50%             | 2030-04-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH                               | Kentucky Public Energy Authority                                                | CUSIP: 74440DFG4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    320000 | PA      | $326244.29    | 0.02%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                   | IL ILS 5 04/01/2028                                                             | CUSIP: 452153QD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2080389.80   | 0.14%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST JEFFERSON INDUSTRIAL DEVELOPMENT BOARD (AL)              | AL WESPOL 12/01/2038                                                            | CUSIP: 95345PAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3400000.00   | 0.22%             | 2038-12-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX                                                   | City of Houston TX Airport System Revenue                                       | CUSIP: 442349JC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1916135.04   | 0.13%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE HEALTH & ED FACS AUTH                           | New Hampshire Health and Education Facilities Authority Act                     | CUSIP: 64461XKA2<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2506447.75   | 0.17%             | 2038-06-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH                               | Kentucky Public Energy Authority                                                | CUSIP: 74440DFK5<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040911.50   | 0.07%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                   | State of Illinois                                                               | CUSIP: 452153JH3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001786.40   | 0.07%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA)    | Pennsylvania Economic Development Financing Authority                           | CUSIP: 708692BE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1760000 | PA      | $1760000.00   | 0.12%             | 2030-12-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| DUNELLEN NJ                                                   | Borough of Dunellen NJ                                                          | CUSIP: 265417BQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3020537.70   | 0.20%             | 2027-04-05      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY (CA)         | California Pollution Control Financing Authority                                | CUSIP: 130536RL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4999619.50   | 0.33%             | 2042-11-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                     | Colorado Health Facilities Authority                                            | CUSIP: 19648FB52<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4243564.40   | 0.28%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH POLL CONTROL REVENUE                   | Development Authority of Burke County/The                                       | CUSIP: 121342PQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12350000 | PA      | $12350000.00  | 0.82%             | 2052-11-01      | Floating      | 2.70%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                     | Colorado Health Facilities Authority                                            | CUSIP: 19648FVM3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5999009.40   | 0.40%             | 2061-05-15      | Floating      | 2.97%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP TENN                                            | Tennergy Corp/TN                                                                | CUSIP: 880397CJ1<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5241496.00   | 0.35%             | 2054-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                           | Indiana Finance Authority                                                       | CUSIP: 455054AD8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |  18000000 | PA      | $18000000.00  | 1.19%             | 2030-08-01      | Variable      | 2.45%                 | No            |                  2 | On Loan: No      |
| LEE COUNTY HOUSING FINANCE AUTHORITY (FL)                     | Lee County Housing Finance Authority                                            | CUSIP: 52349HBG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4022421.20   | 0.27%             | 2044-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| BINGHAMTON NY                                                 | City of Binghamton NY                                                           | CUSIP: 0904912J9<br>LEI: 5493006D246GNK3OOC75 | Long             | DBT              | MUN               | US        |   8728000 | PA      | $8731159.54   | 0.58%             | 2026-04-10      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH                               | Kentucky Public Energy Authority                                                | CUSIP: 74440DFF6<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    600000 | PA      | $607252.14    | 0.04%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WASH                                             | Port of Seattle WA                                                              | CUSIP: 7353893M8<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3234731.70   | 0.21%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY KANS HOSP AUTH                                     | KS UNIMED 03/01/2055                                                            | CUSIP: 914367KD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1600617.15   | 0.11%             | 2055-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                       | Main Street Natural Gas Inc                                                     | CUSIP: 56035DKA9<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1566485.70   | 0.10%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO HSG FIN AGY                                              | Ohio Housing Finance Agency                                                     | CUSIP: 676900XK4<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3712854.91   | 0.25%             | 2028-03-01      | Variable      | 3.37%                 | No            |                  2 | On Loan: No      |
| DENTON TEX INDPT SCH DIST                                     | Denton Independent School District                                              | CUSIP: 249002NL6<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5200931.50   | 0.34%             | 2055-08-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA DEV FIN AUTH                                         | Oklahoma Development Finance Authority                                          | CUSIP: 67884XCU9<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   7125000 | PA      | $7125000.00   | 0.47%             | 2031-08-15      | Variable      | 3.06%                 | No            |                  2 | On Loan: No      |
| TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES       | Tender Option Bond Trust Receipts/Certificates                                  | CUSIP: 88035E5E9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9640000 | PA      | $9640000.00   | 0.64%             | 2027-07-01      | Floating      | 2.95%                 | Yes           |                  2 | On Loan: No      |
| OKLAHOMA HOUSING FINANCE AGENCY (OK)                          | Oklahoma Housing Finance Agency                                                 | CUSIP: 67886UAS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1250723.00   | 0.08%             | 2042-10-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| CENTRAL BRADFORD PROGRESS AUTHORITY                           | Central Bradford Progress Authority                                             | CUSIP: 152691BE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6170000 | PA      | $6170000.00   | 0.41%             | 2041-12-01      | Variable      | 3.04%                 | No            |                  2 | On Loan: No      |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP III GAS SUPPLY        | Texas Municipal Gas Acquisition & Supply Corp III                               | CUSIP: 88256HBB3<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2531755.50   | 0.17%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH                       | NY NYCGEN 02/01/2045                                                            | CUSIP: 64971WE63<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |  21200000 | PA      | $21200000.00  | 1.40%             | 2045-02-01      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| MONROE COUNTY INDUSTRIAL DEVELOPMENT AGENCY (NY)              | Monroe County Industrial Development Corp                                       | CUSIP: 61075NAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2049127.60   | 0.14%             | 2028-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BARTOW CNTY GA DEV AUTH SOLID WASTE DISP FAC REVENUE          | Bartow County Development Authority                                             | CUSIP: 06964KAB2<br>LEI: 5493006KLI0V8YELKW50 | Long             | DBT              | MUN               | US        |  16900000 | PA      | $16900000.00  | 1.12%             | 2062-11-01      | Floating      | 2.93%                 | No            |                  2 | On Loan: No      |
| MARICOPA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AZ)   | Maricopa County Industrial Development Authority                                | CUSIP: 56682HDU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8017805.60   | 0.53%             | 2053-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW CANEY INDEPENDENT SCHOOL DISTRICT (TX)                    | New Caney Independent School District                                           | CUSIP: 643154LB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7250000 | PA      | $7364976.30   | 0.49%             | 2050-02-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH D C ARPTS AUTH                              | Metropolitan Washington Airports Authority Aviation Revenue                     | CUSIP: 592647NJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $567195.20    | 0.04%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                         | Tender Option Bond Trust Receipts/Certificates                                  | CUSIP: 88035TMH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  55000000 | PA      | $55000000.00  | 3.64%             | 2035-12-31      | Floating      | 2.72%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH                           | Wisconsin Health & Educational Facilities Authority                             | CUSIP: 97712JGV9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4522126.50   | 0.30%             | 2054-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES       | Tender Option Bond Trust Receipts/Certificates                                  | CUSIP: 88035PWX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15600000 | PA      | $15600000.00  | 1.03%             | 2040-07-01      | Floating      | 2.83%                 | Yes           |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                           | IN INSGEN 05/01/2028                                                            | CUSIP: 45505RBT1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   6175000 | PA      | $6174167.61   | 0.41%             | 2037-12-01      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| NORTH EAST INDEPENDENT SCHOOL DISTRICT (THE) (TX)             | North East Independent School District/TX                                       | CUSIP: 659155QL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5148846.27   | 0.34%             | 2049-08-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| BEACH HAVEN NJ                                                | Borough of Beach Haven NJ                                                       | CUSIP: 073347EL6<br>LEI: 549300Y82Z4LXPF4YX04 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5008145.00   | 0.33%             | 2026-04-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                   | City of Chicago IL                                                              | CUSIP: 167570TV2<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1502590.95   | 0.10%             | 2027-08-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| BELFAST N Y CENT SCH DIST                                     | Belfast Central School District/NY                                              | CUSIP: 077680DA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004628.60   | 0.13%             | 2026-06-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA TENN HEALTH EDL & HSG FAC BRD                     | Chattanooga Health Educational & Housing Facility Board                         | CUSIP: 162404DR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008380.60   | 0.13%             | 2029-12-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| VENICE FLA                                                    | City of Venice FL                                                               | CUSIP: 922687AH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $900744.03    | 0.06%             | 2030-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BURKE COUNTY DEVELOPMENT AUTHORITY (GA)                       | Development Authority of Burke County/The                                       | CUSIP: 121342QM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5750000 | PA      | $5833617.08   | 0.39%             | 2032-10-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| OHIO ST                                                       | State of Ohio                                                                   | CUSIP: 67756CFH6<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   8315000 | PA      | $8315000.00   | 0.55%             | 2051-01-15      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                           | Indiana Finance Authority                                                       | CUSIP: 45470YGD7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2141457.60   | 0.14%             | 2064-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSING OPTIONS INC TEX MULTIF                                | Housing Options Inc/TX                                                          | CUSIP: 44183TAM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6074605.20   | 0.40%             | 2045-11-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| MIZUHO FLOATER RESIDUAL TRUST                                 | Mizuho Floater/Residual Trust                                                   | CUSIP: 60700HJC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1400000.00   | 0.09%             | 2034-05-01      | Floating      | 2.65%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEV FING AUTH                           | PA PASMED 5 06/15/2031                                                          | CUSIP: 70870JKB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2161035.00   | 0.14%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIDGEFIELD PARK NJ                                            | Village of Ridgefield Park NJ                                                   | CUSIP: 765871ES3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000018.40   | 0.13%             | 2026-04-02      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH                               | West Virginia Economic Development Authority                                    | CUSIP: 95648VBY4<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4015538.00   | 0.27%             | 2041-01-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                             | DC DIS 06/01/2051                                                               | CUSIP: 25476FJ74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14500000 | PA      | $14500000.00  | 0.96%             | 2051-06-01      | Variable      | 2.60%                 | No            |                  2 | On Loan: No      |
| OAKFIELD-ALABAMA NY CENTRL SCH DIST                           | Oakfield-Alabama Central School District                                        | CUSIP: 672138HL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2975000 | PA      | $2980446.33   | 0.20%             | 2026-07-08      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DIRECTOR ST NEV DEPT BUSINESS & INDUSTRY                      | State of Nevada Department of Business & Industry                               | CUSIP: 25459JAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3001499.40   | 0.20%             | 2026-12-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| IOWA FIN AUTH                                                 | Iowa Finance Authority                                                          | CUSIP: 46247SBP8<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3485574.05   | 0.23%             | 2056-05-15      | Floating      | 3.09%                 | No            |                  2 | On Loan: No      |
| FRANKLIN TENN HEALTH & EDL FACS BRD                           | FRANKLIN HLTH & 3.6 11/29                                                       | CUSIP: 354737AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1510365.00   | 0.10%             | 2029-11-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| FORT BEND INDEPENDENT SCHOOL DISTRICT (TX)                    | Fort Bend Independent School District                                           | CUSIP: 346843VT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12183531.60  | 0.81%             | 2054-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA HEALTH EDUCATIONAL AND HOUSING (TN)               | Chattanooga Health Educational & Housing Facility Board                         | CUSIP: 162404DS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000737.00   | 0.13%             | 2043-12-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA LOC GOVT FIN COMMN                                    | Florida Local Government Finance Commission                                     | CUSIP: 34077UAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5013881.00   | 0.33%             | 2030-11-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| OHIO HSG FIN AGY                                              | OH OHSMFH 07/01/2029                                                            | CUSIP: 676900YQ0<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    900000 | PA      | $888803.82    | 0.06%             | 2029-07-01      | Variable      | 2.68%                 | No            |                  2 | On Loan: No      |
| OHIO ST                                                       | State of Ohio                                                                   | CUSIP: 67756CCC0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   8300000 | PA      | $8300000.00   | 0.55%             | 2045-01-15      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE              | California Municipal Finance Authority                                          | CUSIP: 13048RAT4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4996511.50   | 0.33%             | 2056-03-01      | Floating      | 2.80%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE              | California Municipal Finance Authority                                          | CUSIP: 13048RAF4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13001228.50  | 0.86%             | 2044-12-01      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| OHIO ST                                                       | State of Ohio                                                                   | CUSIP: 67756CFG8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8500000.00   | 0.56%             | 2049-01-15      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| ARGYLE TEX INDPT SCH DIST                                     | Argyle Independent School District                                              | CUSIP: 040319X34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9600000 | PA      | $9867278.40   | 0.65%             | 2057-08-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX                                                   | City of Houston TX Airport System Revenue                                       | CUSIP: 442349JX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6030851.40   | 0.40%             | 2026-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH                               | Kentucky Public Energy Authority                                                | CUSIP: 74440DFJ8<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    450000 | PA      | $465119.42    | 0.03%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING (WA), COUNTY OF                                          | County of King WA Sewer Revenue                                                 | CUSIP: 495290EF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4970072.00   | 0.33%             | 2040-01-01      | Floating      | 2.65%                 | No            |                  2 | On Loan: No      |
| PHOENIX ARIZ INDL DEV AUTH                                    | Industrial Development Authority of the City of Phoenix Arizona/The             | CUSIP: 718903RU3<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004971.40   | 0.07%             | 2027-12-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| MEADE CNTY KY INDL BLDG REVENUE                               | County of Meade KY                                                              | CUSIP: 583022AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4650000 | PA      | $4650000.00   | 0.31%             | 2060-07-01      | Floating      | 3.35%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                       | Main Street Natural Gas Inc                                                     | CUSIP: 56035DDH2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   6495000 | PA      | $6570656.36   | 0.43%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                   | State of Illinois                                                               | CUSIP: 452153GC7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5133055.50   | 0.34%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORFOLK REDEVELOPMENT AND HOUSING AUTHORITY (VA)              | Norfolk Redevelopment & Housing Authority                                       | CUSIP: 655904BX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5509543.05   | 0.36%             | 2043-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LORAIN OHIO MET HSG AUTH                                      | Lorain Metropolitan Housing Authority                                           | CUSIP: 543719AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5507075.75   | 0.36%             | 2029-06-01      | Variable      | 3.22%                 | No            |                  2 | On Loan: No      |
| MEADE CNTY KY                                                 | County of Meade KY                                                              | CUSIP: 583022AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7795000 | PA      | $7795000.00   | 0.52%             | 2061-08-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| DURHAM HOUSING AUTHORITY (NC)                                 | Durham Housing Authority                                                        | CUSIP: 266785AV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5007604.00   | 0.33%             | 2059-07-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                     | CO COSMED 05/15/2064                                                            | CUSIP: 19648FYR9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |  11750000 | PA      | $11750000.00  | 0.78%             | 2064-05-15      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| CAPITAL AREA HSG FIN CORP TEX                                 | Capital Area Housing Finance Corp                                               | CUSIP: 139726CZ4<br>LEI: 549300XICE1XLI0VXV87 | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6268951.88   | 0.41%             | 2029-09-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| LOWVILLE NY CENTRL SCH DIST                                   | Lowville Academy Central School District                                        | CUSIP: 548837DL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5010634.00   | 0.33%             | 2026-06-26      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TENDER OPTION BOND TRUST                                      | Tender Option Bond Trust Receipts/Certificates                                  | CUSIP: 88035GT24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2260000 | PA      | $2260000.00   | 0.15%             | 2041-11-01      | Floating      | 2.70%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE              | California Municipal Finance Authority                                          | CUSIP: 13048RAJ6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8500000.00   | 0.56%             | 2041-07-01      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                   | State of Illinois                                                               | CUSIP: 452153GB9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3518872.70   | 0.23%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                   | State of Illinois                                                               | CUSIP: 452153JJ9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023285.00   | 0.07%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TEX                                               | City of San Antonio TX Electric & Gas Systems Revenue                           | CUSIP: 79625GNS8<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2984027.40   | 0.20%             | 2055-02-01      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH ECON DEV REVENUE                          | Indiana Finance Authority                                                       | CUSIP: 45505RBN4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2675000 | PA      | $2674639.41   | 0.18%             | 2028-05-01      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| HIGHLANDS CNTY FL HLTH FACS AUTH                              | Highlands County Health Facilities Authority                                    | CUSIP: 431022UP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3095000 | PA      | $3095000.00   | 0.20%             | 2060-11-15      | Floating      | 2.70%                 | No            |                  2 | On Loan: No      |
| TEXAS HOME COLLABORATIVE                                      | Texas Home Collaborative                                                        | CUSIP: 88248CAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4009000 | PA      | $4018446.01   | 0.27%             | 2041-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP                                          | Florida Development Finance Corp                                                | CUSIP: 34061XAH5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500162.60   | 0.10%             | 2050-09-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST DEV FIN AUTH SOL WST DISP REVENUE                 | Illinois Development Finance Authority                                          | CUSIP: 451889AT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7005732.30   | 0.46%             | 2044-11-01      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| COLUMBUS HOUSING AUTHORITY (GA)                               | Columbus County Housing Authority                                               | CUSIP: 199123CM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2259725.85   | 0.15%             | 2028-11-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY COUNTY HIGHER EDUCATION BUILDING AUTHORITY (PA)     | Allegheny County Higher Education Building Authority                            | CUSIP: 01729EKZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5483025.90   | 0.36%             | 2033-02-01      | Floating      | 2.83%                 | No            |                  2 | On Loan: No      |
| CUYAHOGA METROPOLITAN HOUSING AUTHORITY (OH)                  | Cuyahoga Metropolitan Housing Authority                                         | CUSIP: 23239TAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3011889.90   | 0.20%             | 2028-02-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA VA REDEV & HSG AUTH                                | Alexandria Redevelopment & Housing Authority                                    | CUSIP: 015330FC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4503580.20   | 0.30%             | 2054-12-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| KNOXVILLE TENN CMNTY DEV CORP                                 | Knoxville's Community Development Corp                                          | CUSIP: 499743CX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3272436.38   | 0.22%             | 2029-12-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| LONG IS PWR AUTH N Y                                          | Long Island Power Authority                                                     | CUSIP: 542691LD0<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5503301.10   | 0.36%             | 2055-09-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV   | Pennsylvania Economic Development Financing Authority                           | CUSIP: 708692BP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16500000 | PA      | $16522440.00  | 1.09%             | 2038-08-01      | Floating      | 3.88%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                       | California Municipal Finance Authority                                          | CUSIP: 13048RAK3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7500236.25   | 0.50%             | 2051-07-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| ST JOHN BAPTIST PARISH LA                                     | Parish of St John the Baptist LA                                                | CUSIP: 79020FAW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5516424.65   | 0.36%             | 2037-06-01      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| UTAH ST HSG CORP                                              | Utah Housing Corp                                                               | CUSIP: 917434DP4<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2007145.00   | 0.13%             | 2044-06-01      | Variable      | 3.24%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY MUN WTR FIN AUTH                            | NY NYCUTL 06/15/2039                                                            | CUSIP: 64972FWK8<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.03%             | 2039-06-15      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP                    | Tarrant County Cultural Education Facilities Finance Corp                       | CUSIP: 87638TJT1<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2671773.50   | 0.18%             | 2064-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ INDL DEV AUTH SOL WST REVENUE                      | Industrial Development Authority of the City of Phoenix Arizona/The             | CUSIP: 71884RAA0<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3499653.15   | 0.23%             | 2035-12-01      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| MOBILE INDUSTRIAL DEVELOPMENT BOARD (AL)                      | Industrial Development Board of the City of Mobile Alabama                      | CUSIP: 607167DV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  25000000 | PA      | $25045367.50  | 1.66%             | 2034-06-01      | Variable      | 3.92%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA HOUSING DEVELOPMENT FUND (WV)                   | West Virginia Housing Development Fund                                          | CUSIP: 956629AK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1645892.16   | 0.11%             | 2028-11-01      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| LEE COUNTY HOUSING FINANCE AUTHORITY (FL)                     | Lee County Housing Finance Authority                                            | CUSIP: 52349HBH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2863195.79   | 0.19%             | 2042-12-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| COLORADO HSG & FIN AUTH                                       | Colorado Housing and Finance Authority                                          | CUSIP: 19647PDN0<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3101480.87   | 0.21%             | 2043-11-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| ROCKPORT IND                                                  | City of Rockport IN                                                             | CUSIP: 773835BY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4064617.60   | 0.27%             | 2047-06-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| HOUSTON HOUSING FINANCE CORP (TX)                             | Houston Housing Finance Corp                                                    | CUSIP: 442396EN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3726697.72   | 0.25%             | 2048-02-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST                                                   | Missouri Public Utilities Commission                                            | CUSIP: 606374AT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10011658.00  | 0.66%             | 2026-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ST. JAMES PARISH RECREATION DISTRICT N.5 (LA)                 | Parish of St James LA                                                           | CUSIP: 790103AZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1517925.15   | 0.10%             | 2041-08-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| MESQUITE TEX HSG FIN CORP                                     | Mesquite Housing Finance Corp/The                                               | CUSIP: 590746AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5013997.00   | 0.33%             | 2029-08-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| BARTOW CNTY GA DEV AUTH SOLIDWASTE DISP FAC REVENUE           | Bartow County Development Authority                                             | CUSIP: 06964KAA4<br>LEI: 5493006KLI0V8YELKW50 | Long             | DBT              | MUN               | US        |  34675000 | PA      | $34675000.00  | 2.29%             | 2062-11-01      | Floating      | 2.73%                 | No            |                  2 | On Loan: No      |
| NORTH ARLINGTON N J                                           | Borough of North Arlington NJ                                                   | CUSIP: 657254MW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2478000 | PA      | $2481235.52   | 0.16%             | 2026-07-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MOBILE INDUSTRIAL DEVELOPMENT BOARD (AL)                      | Industrial Development Board of the City of Mobile Alabama                      | CUSIP: 607167EA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4037650.00   | 0.27%             | 2034-06-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH                               | West Virginia Economic Development Authority                                    | CUSIP: 95648VBS7<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   8750000 | PA      | $8809419.50   | 0.58%             | 2040-03-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST                                             | Rib Floater Trust Various States                                                | CUSIP: 76252PSA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.66%             | 2040-12-01      | Floating      | 2.77%                 | No            |                  2 | On Loan: No      |
| DICKSON HEALTH & EDUCATIONAL FACILITIES (TN)                  | TN DICMFH 04/01/2044                                                            | CUSIP: 253509AC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001085.20   | 0.13%             | 2044-04-01      | Variable      | 3.05%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                                         | California Pollution Control Financing Authority                                | CUSIP: 130536RC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4499657.55   | 0.30%             | 2042-11-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IND LOC PUB IMPT BD BK                           | Indianapolis Local Public Improvement Bond Bank                                 | CUSIP: 45528VFU8<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052182.90   | 0.07%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA BEACH CITY DEVELOPMENT AUTHORITY (VA)                | Virginia Beach Development Authority                                            | CUSIP: 92774NBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2014099.40   | 0.13%             | 2029-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA)    | Pennsylvania Economic Development Financing Authority                           | CUSIP: 708692BM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2499800.00   | 0.17%             | 2049-04-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO MUN ENERGY ACQUISITION AUTH                        | New Mexico Municipal Energy Acquisition Authority                               | CUSIP: 647207BL2<br>LEI: 549300KZGG2YNDKKCE92 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2108465.40   | 0.14%             | 2054-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP (TX) | Harris County Cultural Education Facilities Finance Corp                        | CUSIP: 414009RU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2750174.35   | 0.18%             | 2049-07-01      | Floating      | 3.27%                 | No            |                  2 | On Loan: No      |
| FLORIDA HSG FIN CORP                                          | Florida Housing Finance Corp                                                    | CUSIP: 34074HJA1<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1496447.40   | 0.10%             | 2044-02-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                | Black Belt Energy Gas District                                                  | CUSIP: 09182TBC0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011587.30   | 0.07%             | 2053-04-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| HARRISONBURG REDEVELOPMENT & HOUSING AUTHORITY (VA)           | Harrisonburg Redevelopment & Housing Authority                                  | CUSIP: 415690NW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1662205.38   | 0.11%             | 2028-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MISSION TEX ECONOMIC DEVELOPMENT CORP                         | Mission Economic Development Corp                                               | CUSIP: 605155BQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5999405.40   | 0.40%             | 2050-05-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES          | JPMorgan Chase Putters/Drivers Trust                                            | CUSIP: 46640KYR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1700000.00   | 0.11%             | 2027-03-20      | Floating      | 3.07%                 | Yes           |                  2 | On Loan: No      |
| MEMPHIS TENN HEALTH EDL & HSG FAC BRD                         | Health Educational and Housing Facility Board of the City of Memphis/the        | CUSIP: 586169GE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4526615.70   | 0.30%             | 2027-12-01      | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| EAGLE MTN & SAGINAW TEX INDPT SCH DIST                        | Eagle Mountain & Saginaw Independent School District                            | CUSIP: 269696SJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50874.64     | 0.00%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST DEPT HSG & CMNTY AFFAIRS                             | Texas Department of Housing & Community Affairs                                 | CUSIP: 88275AEU0<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3753357.75   | 0.25%             | 2029-09-01      | Variable      | 3.05%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH                                        | Development Authority of Burke County/The                                       | CUSIP: 121342QL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3009423.30   | 0.20%             | 2053-11-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| RURAL WTR FING AGY KY                                         | Rural Water Financing Agency                                                    | CUSIP: 781741JR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4938949.50   | 0.33%             | 2028-05-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY PLANNED INDUSTRIAL EXPANSION AUTHORITY (MO)       | Kansas City Planned Industrial Expansion Authority                              | CUSIP: 48507MAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6300000 | PA      | $6393773.61   | 0.42%             | 2045-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TEX INTL ARPT                               | Dallas Fort Worth International Airport                                         | CUSIP: 23503CFK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13500000 | PA      | $14243133.15  | 0.94%             | 2050-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SALMON RIV CENT SCH DIST N Y                                  | Salmon River Central School District                                            | CUSIP: 795472LB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9005913.00   | 0.60%             | 2026-06-26      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES          | JPMorgan Chase Putters/Drivers Trust                                            | CUSIP: 46640KYX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9600000 | PA      | $9600000.00   | 0.63%             | 2027-06-01      | Floating      | 3.07%                 | Yes           |                  2 | On Loan: No      |
| KNOXVILLE TENN CMNTY DEV CORP                                 | Knoxville's Community Development Corp                                          | CUSIP: 499743CQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5005054.50   | 0.33%             | 2027-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH                                     | Wayne County Airport Authority                                                  | CUSIP: 9445142T4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10647320.00  | 0.70%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIDGEFIELD PARK NJ                                            | Village of Ridgefield Park NJ                                                   | CUSIP: 765871ET1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2009834.00   | 0.13%             | 2027-04-02      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| WASHINGTON CNTY MINN CMNTY DEV AGY                            | Washington County Community Development Agency                                  | CUSIP: 93778DAE6<br>LEI: 5493005S0NC4J4L8DM18 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2502585.25   | 0.17%             | 2046-02-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| ARIZONA HEALTH FACILITIES AUTHORITY (AZ)                      | Arizona Health Facilities Authority                                             | CUSIP: 040507QT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3780000 | PA      | $3757981.50   | 0.25%             | 2046-01-01      | Floating      | 2.67%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                | Black Belt Energy Gas District                                                  | CUSIP: 09182TFV4<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1841441.62   | 0.12%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CUMBERLAND CNTY NC INDL FACS & POLL CONTROL FING AUTH SOL WS  | Cumberland County Industrial Facilities & Pollution Control Financing Authority | CUSIP: 230589AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16000000 | PA      | $16001648.00  | 1.06%             | 2027-12-01      | Floating      | 3.13%                 | No            |                  2 | On Loan: No      |
| OHIO HSG FIN AGY                                              | OH OHSMFH 10/01/2029                                                            | CUSIP: 676900YP2<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1702409.56   | 0.11%             | 2029-10-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA PUB SVC AUTH                                   | South Carolina Public Service Authority                                         | CUSIP: 8371515X3<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4064313.60   | 0.27%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES          | JPMorgan Chase Putters/Drivers Trust                                            | CUSIP: 46640KB94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3800000.00   | 0.25%             | 2028-11-04      | Floating      | 3.07%                 | Yes           |                  2 | On Loan: No      |
| ARKANSAS ST DEV FIN AUTH                                      | Arkansas Development Finance Authority                                          | CUSIP: 041080JT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3518700.50   | 0.23%             | 2027-12-01      | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA HEALTH EDUCATIONAL AND HOUSING (TN)               | Chattanooga Health Educational & Housing Facility Board                         | CUSIP: 162404DT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2519733.25   | 0.17%             | 2048-06-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                                | New York City Housing Development Corp                                          | CUSIP: 64972KDQ5<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7568546.25   | 0.50%             | 2064-05-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| BOERNE INDEPENDENT SCHOOL DISTRICT (TX)                       | Boerne Independent School District                                              | CUSIP: 097067NQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1527233.70   | 0.10%             | 2054-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CHANDLER INDUSTRIAL DEVELOPMENT AUTHORITY (AZ)                | Chandler Industrial Development Authority                                       | CUSIP: 158862CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2531804.00   | 0.17%             | 2049-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHOE (NV), COUNTY OF                                        | County of Washoe NV                                                             | CUSIP: 940797AN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006256.60   | 0.07%             | 2036-03-01      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PA)    | Pennsylvania Economic Development Financing Authority                           | CUSIP: 708692BT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8503953.35   | 0.56%             | 2041-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT ARPTS                                  | City of Los Angeles Department of Airports                                      | CUSIP: 5444457L7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044433.90   | 0.07%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                       | Main Street Natural Gas Inc                                                     | CUSIP: 56035DGZ9<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    425000 | PA      | $434588.85    | 0.03%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DICKSON HEALTH & EDUCATIONAL FACILITIES (TN)                  | Dickson Health & Educational Facilities Board/TN                                | CUSIP: 253514AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4251104.58   | 0.28%             | 2028-04-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| LOUISA INDUSTRIAL DEVELOPMENT AUTHORITY (VA)                  | Louisa Industrial Development Authority                                         | CUSIP: 546068AZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1490178.45   | 0.10%             | 2035-11-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                       | Main Street Natural Gas Inc                                                     | CUSIP: 56035DGY2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    400000 | PA      | $406361.04    | 0.03%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON (AL), COUNTY OF                                     | County of Jefferson AL Sewer Revenue                                            | CUSIP: 472682YW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1289896.63   | 0.09%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH D C ARPTS AUTH                              | Metropolitan Washington Airports Authority Aviation Revenue                     | CUSIP: 592647EC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1016586.14   | 0.07%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHSIDE INDEPENDENT SCHOOL DISTRICT (TX)                    | Northside Independent School District                                           | CUSIP: 66702RR79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6581283.15   | 0.44%             | 2050-06-01      | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                             | IL ILSDEV 11/15/2039                                                            | CUSIP: 45189FJQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2944405.20   | 0.19%             | 2039-11-15      | Variable      | 2.85%                 | No            |                  2 | On Loan: No      |
| ALDEN (NY), VILLAGE OF                                        | Village of Alden NY                                                             | CUSIP: 014325BM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3505000 | PA      | $3509166.74   | 0.23%             | 2026-09-03      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE      | New York City Municipal Water Finance Authority                                 | CUSIP: 64972FWL6<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   5600000 | PA      | $5600000.00   | 0.37%             | 2039-06-15      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH                               | Kentucky Public Energy Authority                                                | CUSIP: 74440DFE9<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250742.73    | 0.02%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE              | California Municipal Finance Authority                                          | CUSIP: 13048RAN7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $11999764.80  | 0.79%             | 2041-11-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| NORTHSIDE INDEPENDENT SCHOOL DISTRICT (TX)                    | Northside Independent School District                                           | CUSIP: 66702RK92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6415000 | PA      | $6457229.95   | 0.43%             | 2054-08-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| SEATTLE (WA), CITY OF                                         | City of Seattle WA Municipal Light & Power Revenue                              | CUSIP: 812643WU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9250000 | PA      | $9201031.43   | 0.61%             | 2045-05-01      | Floating      | 2.67%                 | No            |                  2 | On Loan: No      |
| FORT BEND INDEPENDENT SCHOOL DISTRICT (TX)                    | Fort Bend Independent School District                                           | CUSIP: 346843WS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5600012.00   | 0.37%             | 2055-08-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| LEE COUNTY HOUSING FINANCE AUTHORITY (FL)                     | Lee County Housing Finance Authority                                            | CUSIP: 52349HBK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4005139.20   | 0.26%             | 2029-10-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| SHERRILL NY CITY SCH DIST                                     | Sherrill City School District                                                   | CUSIP: 824263KX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3504958.80   | 0.23%             | 2026-06-18      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HENNEPIN COUNTY HOUSING & REDEVELOPMENT AUTHORITY (MN)        | Hennepin County Housing & Redevelopment Authority                               | CUSIP: 42552RAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4505822.10   | 0.30%             | 2046-02-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH D C ARPTS AUTH                              | Metropolitan Washington Airports Authority Aviation Revenue                     | CUSIP: 592647NL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1358913.36   | 0.09%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH                                        | Development Authority of Burke County/The                                       | CUSIP: 121342QK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5015705.50   | 0.33%             | 2048-11-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| WARWICK NY                                                    | Town of Warwick NY                                                              | CUSIP: 936614DZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3505023.20   | 0.23%             | 2026-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA HSG FIN AGY COLLATERALIZED REVENUE BONDS             | OKLAHOMA HSG FIN AG 3.35                                                        | CUSIP: 67886UAR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008785.40   | 0.13%             | 2027-12-01      | Floating      | 3.35%                 | No            |                  2 | On Loan: No      |
| WARSAW NY CENTRL SCH DIST                                     | Warsaw Central School District/NY                                               | CUSIP: 936466EN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10018835.00  | 0.66%             | 2026-06-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| KNOXVILLE TENN CMNTY DEV CORP                                 | Knoxville's Community Development Corp                                          | CUSIP: 499743CS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1752051.70   | 0.12%             | 2027-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASH D C ARPTS AUTH                              | Metropolitan Washington Airports Authority Aviation Revenue                     | CUSIP: 592647JV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4705000 | PA      | $4759241.59   | 0.31%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                       | Main Street Natural Gas Inc                                                     | CUSIP: 56035DHA3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    700000 | PA      | $720115.62    | 0.05%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH ST HSG CORP                                              | Utah Housing Corp                                                               | CUSIP: 917434DM1<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7959727.20   | 0.53%             | 2046-04-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| OHIO HSG FIN AGY                                              | Ohio Housing Finance Agency                                                     | CUSIP: 676900XC2<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3727369.64   | 0.25%             | 2027-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| RIB FLOATER TRUST                                             | Rib Floater Trust Various States                                                | CUSIP: 76252PSF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.66%             | 2041-11-01      | Floating      | 2.87%                 | Yes           |                  2 | On Loan: No      |
| EAST ORANGE NJ                                                | City of East Orange NJ                                                          | CUSIP: 274137Y51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3004346.10   | 0.20%             | 2026-09-23      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST POLL CONTROL FIN AUTH SOL WST DISP REVENUE      | California Pollution Control Financing Authority                                | CUSIP: 130536RN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9986612.00   | 0.66%             | 2043-07-01      | Floating      | 2.88%                 | Yes           |                  2 | On Loan: No      |
| WOODBURY MINN HSG & REDEV AUTH                                | WOODBURY HSNG & REDEV                                                           | CUSIP: 97914AAE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2607385.56   | 0.17%             | 2046-02-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| WASHOE (NV), COUNTY OF                                        | County of Washoe NV                                                             | CUSIP: 940865BJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006256.60   | 0.07%             | 2036-03-01      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| DELAWARE VALLEY PA REGL FIN AUTH                              | Delaware Valley Regional Finance Authority                                      | CUSIP: 246579LL8<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $14981515.50  | 0.99%             | 2057-03-01      | Floating      | 2.92%                 | No            |                  2 | On Loan: No      |
| WISE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (VA)             | Wise County Industrial Development Authority                                    | CUSIP: 977228AF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6321326.88   | 0.42%             | 2040-11-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH                                             | Michigan Finance Authority                                                      | CUSIP: 59447T3W1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3125000 | PA      | $3118480.63   | 0.21%             | 2047-04-15      | Floating      | 3.17%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                           | Indiana Finance Authority                                                       | CUSIP: 45506EDH3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   5575000 | PA      | $5555939.63   | 0.37%             | 2039-03-01      | Floating      | 2.72%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                                                   | City of New York NY                                                             | CUSIP: 64966J5Y8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   8700000 | PA      | $8700000.00   | 0.58%             | 2040-10-01      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE    | New Jersey Higher Education Student Assistance Authority                        | CUSIP: 646080YZ8<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6018021.60   | 0.40%             | 2056-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| JOHNSON CITY TENN HEALTH & EDL FACS BRD                       | Johnson City Health & Educational Facilities Board                              | CUSIP: 47827TAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3014332.80   | 0.20%             | 2027-12-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| LOUISIANA OFFSHORE TERMINAL AUTHORITY (LA)                    | Louisiana Offshore Terminal Authority                                           | CUSIP: 546510FW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2510171.25   | 0.17%             | 2037-10-01      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| KNOXVILLE TENN CMNTY DEV CORP                                 | Knoxville's Community Development Corp                                          | CUSIP: 499743CT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $700914.83    | 0.05%             | 2027-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-22

**Name of Applicant:** Federated Hermes Fixed Income Securities, Inc.

**Signature:** Stephen Van Meter

**Name of Signer:** Federated Hermes Fixed Income Securities, Inc.

**Title:** Chief Compliance Officer