# EDGAR Filing Document

**Accession Number:** 0001845809
**File Stem:** 0000940400-26-020732
**Filing Date:** 2026-5
**Character Count:** 122428
**Document Hash:** 39c41861b95796281f3601099c8b4bb0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-020732.hdr.sgml**: 20260521

**ACCESSION NUMBER**: 0000940400-26-020732

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260521

**DATE AS OF CHANGE**: 20260521

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Putnam ETF Trust
- **CENTRAL INDEX KEY:** 0001845809

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23643
- **FILM NUMBER:** 261008664

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02111
- **BUSINESS PHONE:** 6177601060

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02111

## Series and Classes Contracts Data

### Franklin California Municipal Income ETF (Series ID: S000094549)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000263082 | Franklin California Municipal Income ETF |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-23643

- **c. CIK number of Registrant:** 0001845809

- **d. LEI of Registrant:** 549300EMFKH8ETCKNO35

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

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

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

- **a. Name of Series:** Franklin California Municipal Income ETF

- **b. EDGAR series identifier (if any):** S000094549

- **c. LEI of Series:** 254900ZYM9KLT6TUSK22

**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:** $609315594.96

**Total Liabilities:** $22512964.49

**Net Assets:** $586802630.47

**Delayed Delivery Securities:** $1768590.92

**Cash Not Reported:** $244624.99

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 210.28263000 | **1-Year:** 6033.78689000 | **5-Year:** 79254.11122000 | **10-Year:** 373100.35648000 | **30-Year:** 31060.40108000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 2127.46698000 | **10-Year:** 9297.60518000 | **30-Year:** 617.84681000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000263082 | 0.68%                | 1.66%                | -2.24%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-346453.21              | $2150755.78                                |
| Month 2  | $35.55                   | $8126318.81                                |
| Month 3  | $1675.32                 | $-16274304.41                              |

**Designated Index Information**

- **Index Name:** BTMNTR Index

- **Index Identifier:** BM10506

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ALAMEDA CORRIDOR TRANSPORTATION AUTHORITY (CA)                                 | CA ALATRN 0 10/01/2049                         | CUSIP: 010869JP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $5724408.00   | 0.98%             | 2049-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SOUTH TAHOE JOINT POWERS FINANCING AUTHORITY (CA)                              | CA STHPWR 5.25 10/01/2048                      | CUSIP: 84049MCB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3729710.25   | 0.64%             | 2048-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY                                                         | CA CASMFH 5.2 12/01/2027                       | CUSIP: 13034DAG9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3294857.80   | 0.56%             | 2027-12-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT ARPTS                                                   | LOS ANGELES CALIF DEPT ARPTS (TOBs)            | CUSIP: 544445C64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9172780.20   | 1.56%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M-S-R ENERGY AUTH CALIF                                                        | CA MSRPWR 6.5 11/01/2039                       | CUSIP: 55374SAC4<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $7118319.00   | 1.21%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEWPORT BEACH CALIF                                                            | CA NPBGEN 4 09/02/2033                         | CUSIP: 651784US7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $203848.74    | 0.03%             | 2033-09-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEWPORT BEACH CALIF                                                            | CA NPBGEN 5 09/02/2043                         | CUSIP: 651784UU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $670634.25    | 0.11%             | 2043-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEMESCAL VY CALIF WTR DIST                                                     | CA LEEWTR 5 09/01/2039                         | CUSIP: 87975CBU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $653057.31    | 0.11%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 5 09/01/2040                         | CUSIP: 13051AMW5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    465000 | PA      | $476424.91    | 0.08%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG BEACH COMMUNITY COLLEGE DISTRICT (CA)                                     | CA LONHGR 0 08/01/2033                         | CUSIP: 542411GG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $488467.13    | 0.08%             | 2033-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| IRVINE UNIFIED SCHOOL DISTRICT (CA)                                            | CA IRVEDU 5 09/01/2047                         | CUSIP: 463612KV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    995000 | PA      | $983687.35    | 0.17%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASFIN 5.25 08/15/2053                      | CUSIP: 13049SFG4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    900000 | PA      | $916274.88    | 0.16%             | 2053-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 5.75 09/01/2053                      | CUSIP: 13051AGB8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1925460.58   | 0.33%             | 2053-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IRVINE UNIFIED SCHOOL DISTRICT (CA)                                            | CA IRVEDU 5 09/01/2042                         | CUSIP: 463612JY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    995000 | PA      | $1000281.26   | 0.17%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST ENTERPRISE DEV AUTH                                              | CA CASDEV 5 07/01/2036                         | CUSIP: 13067RGE7<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1103874.80   | 0.19%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIXON COMMUNITY FACILITIES DISTRICT N.2015-1 (CA)                              | CA DXNGEN 4 09/01/2033                         | CUSIP: 255650EC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $426866.81    | 0.07%             | 2033-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)                                       | CA CASSCD 5 08/01/2050                         | CUSIP: 13058TKC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2800947.30   | 0.48%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY (THE) (CA)                     | CA CASGEN 5 06/01/2050                         | CUSIP: 13016NGB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $784559.77    | 0.13%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LIBERTY UNION HIGH SCHOOL DISTRICT (CA)                                        | CA LBTSCD 3 08/01/2041                         | CUSIP: 530319SE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1670000 | PA      | $1424183.01   | 0.24%             | 2041-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF BAY AREA RAPID TRAN DIST                                   | CA SFOTRN 3 08/01/2049                         | CUSIP: 797661YG4<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |   6365000 | PA      | $4740254.82   | 0.81%             | 2049-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H                                                          | NH NFADEV 07/20/2039                           | CUSIP: 63607WBB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8900358 | PA      | $8548898.86   | 1.46%             | 2039-07-20      | Variable      | 3.58%                 | No            |                  2 | On Loan: No      |
| LONG BEACH (CA), CITY OF                                                       | CA LONFAC 5 05/15/2044                         | CUSIP: 542426DV0<br>LEI: 549300XH3OUOL3JO1O51 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058952.70   | 0.18%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHINO COMMUNITY FACILITIES DISTRICT (CA)                                       | CA CHNFAC 5.25 09/01/2042                      | CUSIP: 169511WZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1585000 | PA      | $1657223.70   | 0.28%             | 2042-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BURBANK GLENDALE PASADENA ARPT                                                 | CA BURAPT 5.25 07/01/2049                      | CUSIP: 120827ED8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1558659.60   | 0.27%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ROSEVILLE CALIF                                                                | CA ROSGEN 5 09/01/2048                         | CUSIP: 7778705B8<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |    850000 | PA      | $857827.48    | 0.15%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 5 09/01/2039                         | CUSIP: 13051AJH2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    400000 | PA      | $412683.64    | 0.07%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY AND COUNTY AIRPORTS (CA)                                    | CA SFOPWR 5 11/01/2053                         | CUSIP: 79771KEC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7232617.70   | 1.23%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION CORP                                       | CA GLDGEN 5 06/01/2051                         | CUSIP: 38122ND90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4900739.00   | 0.84%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY (CA)                                     | CA CDAHSG 2.65 12/01/2046                      | CUSIP: 126292AQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1102221.42   | 0.19%             | 2046-12-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY (CA)                                     | CA CDAHSG 3 03/01/2057                         | CUSIP: 126292BB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8110000 | PA      | $5425833.30   | 0.92%             | 2057-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEWPORT BEACH CALIF                                                            | CA NPBGEN 4 09/02/2031                         | CUSIP: 651784UQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257000.28    | 0.04%             | 2031-09-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY COLLEGE FINANCING (CA)                                    | CA CASHGR 5 05/01/2031                         | CUSIP: 13012RAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $852199.43    | 0.15%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 5.12 09/01/2054                      | CUSIP: 13051AGT9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003518.30   | 0.17%             | 2054-09-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)                                       | CA CASSCD 5 08/01/2045                         | CUSIP: 13059TCD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1458978.90   | 0.25%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAYS HARBOR CNTY WASH PUB HOSP DIST NO 1                                      | WA GRHMED 6.75 12/01/2044                      | CUSIP: 389526AG9<br>LEI: TBI9VVSY0W0HBJJJJM65 | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4733858.39   | 0.81%             | 2044-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SAN BERNARDINO CNTY CALIF                                                      | CA SBDGEN 5 09/01/2033                         | CUSIP: 796844MZ8<br>LEI: 254900RTS8DDNPA7MX91 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2510487.00   | 0.43%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                           | CA CASGEN 3 06/01/2029                         | CUSIP: 13080SWL4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    485000 | PA      | $473824.82    | 0.08%             | 2029-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LONG BEACH (CA), CITY OF                                                       | CA LONFAC 5 05/15/2045                         | CUSIP: 542426DW8<br>LEI: 549300XH3OUOL3JO1O51 | Long             | DBT              | MUN               | US        |    750000 | PA      | $787587.90    | 0.13%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MURRIETA VALLEY UNIFIED SCHOOL DISTRICT (CA)                                   | CA MUVSCD 0 09/01/2031                         | CUSIP: 626905JE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1687453.00   | 0.29%             | 2031-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)                                       | CA CASSCD 5 07/01/2045                         | CUSIP: 13059TBZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1489651.65   | 0.25%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASMED 5.25 11/01/2052                      | CUSIP: 130493CL1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6000005.40   | 1.02%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT WTR & PWR                                               | CA LOSUTL 5 07/01/2052                         | CUSIP: 544532FW9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   5715000 | PA      | $5808988.32   | 0.99%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK                                    | CA CASDEV 4.12 01/01/2035                      | CUSIP: 13034AW22<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    455000 | PA      | $435513.62    | 0.07%             | 2035-01-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASMED 4 11/15/2052                         | CUSIP: 13049RBR6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    750000 | PA      | $614141.63    | 0.10%             | 2052-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                           | CA CASDEV 4.75 09/02/2040                      | CUSIP: 13078YWH4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1322295.65   | 0.23%             | 2040-09-02      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY (CA)                               | CA CASEDU 5 11/01/2053                         | CUSIP: 130179UX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4105890.40   | 0.70%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY INFRASTRUCTURE & REVITALIZATION FING DIST NO 1 | CA SFIFAC 5 09/01/2052                         | CUSIP: 79773NAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1222146.12   | 0.21%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CORONA CITY COMMUNITY FACILITTIES DISTRICT N.2001-1 (EAGLE GLEN II) (CA)       | CA COOFAC 5 09/01/2054                         | CUSIP: 219680HF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1574458.72   | 0.27%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                           | CA CASGEN 5 01/01/2043                         | CUSIP: 13081KAV2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2195000 | PA      | $2237459.64   | 0.38%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMFA SPECIAL FINANCE AGENCY I (CA)                                             | CA CMFHSG 4 04/01/2056                         | CUSIP: 12574TAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2653081.20   | 0.45%             | 2056-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY                                                         | CA CASHSG 4.25 01/15/2035                      | CUSIP: 13033DAA3<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   2490862 | PA      | $2573050.55   | 0.44%             | 2035-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CMNTY FACS DIST CALIF                                           | CA RCRFAC 5 09/01/2045                         | CUSIP: 75211RSF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $590848.30    | 0.10%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                           | CA CASDEV 5 09/02/2040                         | CUSIP: 13078YWX9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    700000 | PA      | $728576.03    | 0.12%             | 2040-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                               | CA CASMED 5.25 11/15/2058                      | CUSIP: 13032UL30<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1511970.45   | 0.26%             | 2058-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FONTANA (CA), CITY OF                                                          | CA FONGEN 5 09/01/2054                         | CUSIP: 344630N20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1484935.95   | 0.25%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 5 09/01/2040                         | CUSIP: 13051ANM6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    300000 | PA      | $309227.97    | 0.05%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY (CA)                                     | CA CDAHSG 3 02/01/2057                         | CUSIP: 126292AW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7800000 | PA      | $5406159.72   | 0.92%             | 2057-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY (CA)                                     | CA CDAHSG 3.25 04/01/2057                      | CUSIP: 126292BG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2132435.70   | 0.36%             | 2057-04-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY (CA)                                     | CA CDAHSG 2.88 08/01/2041                      | CUSIP: 126292AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1930000 | PA      | $1778246.80   | 0.30%             | 2041-08-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MONTEBELLO UNIFIED SCHOOL DISTRICT (CA)                                        | CA MTBSCD 5 08/01/2044                         | CUSIP: 612289UR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2071828.72   | 0.35%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE COUNTY COMMUNITY FACILITIES DISTRICT (CA)                               | CA ORAFAC 5.5 08/15/2048                       | CUSIP: 68423PA83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1500478.42   | 0.26%             | 2048-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROOT CREEK WTR DIST CALIF                                                      | CA RCWDEV 5.25 09/01/2055                      | CUSIP: 77664AAP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002066.10   | 0.17%             | 2055-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                           | CA CASGEN 5 11/01/2032                         | CUSIP: 13080SSH8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    720000 | PA      | $729719.57    | 0.12%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                    | Ultra U.S. Treasury Bond Futures, Jun-2026,ETH | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -168 | NC      | $671860.52    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| VERNON (CA), CITY OF                                                           | CA VERPWR 5 08/01/2035                         | CUSIP: 924397DX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1515965.76   | 0.26%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN LUIS OBISPO (CA), COUNTY OF                                                | CA SLOGEN 5.5 11/15/2047                       | CUSIP: 798712DC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1885000 | PA      | $2035755.51   | 0.35%             | 2047-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INDIO PUBLIC FINANCING AUTHORITY (CA)                                          | CA INDGEN 5.25 11/01/2042                      | CUSIP: 45571LDP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4350415.60   | 0.74%             | 2042-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ONTARIO CALIF                                                                  | CA ONTGEN 5 09/01/2045                         | CUSIP: 68304NGY9<br>LEI: 254900FN91TH1F225693 | Long             | DBT              | MUN               | US        |    760000 | PA      | $773923.05    | 0.13%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO (CA), CITY OF                                                       | CA SACGEN 4 09/01/2046                         | CUSIP: 786071RB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $533211.06    | 0.09%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 5 09/01/2054                         | CUSIP: 13051AHH4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    750000 | PA      | $739134.00    | 0.13%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                           | CA CASGEN 5 06/01/2051                         | CUSIP: 13080SWP5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1382719.10   | 0.24%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORENO VALLEY CALIF UNI SCH DIST CMNTY FACS DIST                               | CA MVYSCD 5 09/01/2040                         | CUSIP: 616874WQ2<br>LEI: 549300G4WBO7HSZKUD51 | Long             | DBT              | MUN               | US        |    500000 | PA      | $511539.60    | 0.09%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                           | CA CASGEN 5 09/02/2049                         | CUSIP: 13080SV27<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1679811.04   | 0.29%             | 2049-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHINO COMMUNITY FACILITIES DISTRICT (CA)                                       | CA CHNFAC 5.38 09/01/2052                      | CUSIP: 169511XB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2040742.80   | 0.35%             | 2052-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CNTY CALIF                                                          | CA SACAPT 5.25 07/01/2055                      | CUSIP: 786107VX7<br>LEI: 549300OXI5MD45L13R20 | Long             | DBT              | MUN               | US        |   3120000 | PA      | $3200507.23   | 0.55%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                                        | CA CASSCD 5 06/01/2053                         | CUSIP: 13058TTB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $974179.14    | 0.17%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY (CA)                                     | CA CDAHSG 4 08/01/2056                         | CUSIP: 126292AD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3185000 | PA      | $2816420.33   | 0.48%             | 2056-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CERES UNIFIED SCHOOL DISTRICT (CA)                                             | CA CERSCD 0 08/01/2039                         | CUSIP: 156753PP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $592403.91    | 0.10%             | 2039-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY REDEV AGY SUCCESSOR AGY                        | CA SFRDEV 5.25 08/01/2042                      | CUSIP: 79772ADN4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1109233.00   | 0.19%             | 2042-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEWPORT BEACH CALIF                                                            | CA NPBGEN 4.12 09/02/2038                      | CUSIP: 651784UT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $576335.38    | 0.10%             | 2038-09-02      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                                        | CA CASSCD 5 06/01/2047                         | CUSIP: 13058TTA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $435265.68    | 0.07%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE COUNTY SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY (CA)             | CA RIVDEV 5 10/01/2041                         | CUSIP: 76913AKY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1990000 | PA      | $1999075.20   | 0.34%             | 2041-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN CALIF ENERGY AUTH                                                     | CA NCEPWR 12/01/2054                           | CUSIP: 664840AL9<br>LEI: 5493001ZIJGWU7HYLH34 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6392674.20   | 1.09%             | 2054-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG BEACH CALIF BD FIN AUTH                                                   | CA LONUTL 5.5 11/15/2028                       | CUSIP: 54241AAU7<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5285840.50   | 0.90%             | 2028-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EASTERN CALIF MUN WTR DIST                                                     | CA EASWTR 5.12 09/01/2055                      | CUSIP: 27627M6J1<br>LEI: 549300ZCFVRFDIRWK089 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501323.80    | 0.09%             | 2055-09-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 5 09/01/2044                         | CUSIP: 13051AJJ8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    750000 | PA      | $761837.25    | 0.13%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY COLLEGE FINANCING (CA)                                    | CA CASHGR 5 05/01/2034                         | CUSIP: 13012RAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $821285.52    | 0.14%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK                                    | CA CASEDU 5 11/01/2047                         | CUSIP: 13035ADA4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2343367.88   | 0.40%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO, COMMONWEALTH OF                                                   | PR PRC 4 07/01/2037                            | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2657805.70   | 0.45%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FONTANA (CA), CITY OF                                                          | CA FONGEN 5 09/01/2044                         | CUSIP: 344630M88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019952.10   | 0.17%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROOT CREEK WTR DIST CALIF                                                      | CA RCWDEV 5.12 09/01/2045                      | CUSIP: 77664AAM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $988876.59    | 0.17%             | 2045-09-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CALIF UNI SCH DIST                                                   | CA RIVSCD 5 09/01/2054                         | CUSIP: 769069U60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1257956.35   | 0.21%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DUBLIN CALIF                                                                   | CA DUB 5.38 09/01/2051                         | CUSIP: 26362DBU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1249853.41   | 0.21%             | 2051-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CENTRAL VY ENERGY AUTH CALIF                                                   | CA CTVPWR 5 08/01/2034                         | CUSIP: 15569DAG7<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1410533.58   | 0.24%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROMOLAND SCH DIST CALIF                                                        | CA ROMMEL 5 09/01/2055                         | CUSIP: 776192ZK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $693719.67    | 0.12%             | 2055-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)                                       | CA CASSCD 4 06/01/2061                         | CUSIP: 13058TPF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2200053.00   | 0.37%             | 2061-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HASTINGS CAMPUS HOUSING FINANCE AUTHORITY (CA)                                 | CA HCHGEN 5 07/01/2061                         | CUSIP: 418338AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2200483.75   | 0.37%             | 2061-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CALIF UNI SCH DIST                                                   | CA RIVSCD 5 09/01/2044                         | CUSIP: 769069U45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $705430.61    | 0.12%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HEMET CALIF UNI SCH DIST CMNTY FACS DIST                                       | CA HEMEDU 5 09/01/2045                         | CUSIP: 423540MX8<br>LEI: 54930041KL801EWMW566 | Long             | DBT              | MUN               | US        |    725000 | PA      | $741675.80    | 0.13%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF                                                              | CA LOSMFH 3.6 07/01/2039                       | CUSIP: 544582WX3<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   4720290 | PA      | $4359699.78   | 0.74%             | 2039-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK                                    | CA CASEDU 5 11/01/2054                         | CUSIP: 13035ADW6<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1253946.50   | 0.21%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASMFH 6.38 08/01/2037                      | CUSIP: 130483JL5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3284072.00   | 0.56%             | 2037-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)                                       | CA CASSCD 5 08/01/2061                         | CUSIP: 13058TPW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2365000 | PA      | $2133641.75   | 0.36%             | 2061-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                               | CA CASMED 5 11/15/2038                         | CUSIP: 13032UK72<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1591997.85   | 0.27%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                  | CA CAS 5 10/01/2045                            | CUSIP: 13063D4D7<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   5575000 | PA      | $5924408.67   | 1.01%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASHSG 5 01/01/2038                         | CUSIP: 13051EAF7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028118.90   | 0.18%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRVINE UNIFIED SCHOOL DISTRICT (CA)                                            | CA IRVEDU 5 09/01/2047                         | CUSIP: 463612JE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $187839.80    | 0.03%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG BEACH UNIFIED SCHOOL DISTRICT (CA)                                        | CA LONSCD 0 08/01/2037                         | CUSIP: 542433QM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $616040.80    | 0.10%             | 2037-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 4 09/01/2035                         | CUSIP: 13051AAR9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    660000 | PA      | $658033.33    | 0.11%             | 2035-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 5 09/01/2044                         | CUSIP: 13051AHF8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    900000 | PA      | $915605.55    | 0.16%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CALIF HSG AUTH                                                       | CA SDGMFH 4.2 06/01/2040                       | CUSIP: 79728FLL3<br>LEI: 549300X9H1ODNOOT1Q87 | Long             | DBT              | MUN               | US        |   7425000 | PA      | $7345975.73   | 1.25%             | 2040-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY HOUSING AGENCY                                            | CA CCHHSG 5 08/01/2050                         | CUSIP: 13013FAF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4350000 | PA      | $4049668.61   | 0.69%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASMFH 6.1 12/01/2037                       | CUSIP: 130483KQ2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1495356.90   | 0.25%             | 2037-12-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY COLLEGE FINANCING (CA)                                    | CA CASHGR 5.25 05/01/2043                      | CUSIP: 13012RAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507144.20    | 0.09%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                               | CA CASMED 5 09/01/2048                         | CUSIP: 13032USL3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4850000 | PA      | $4587270.17   | 0.78%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHABOT LAS POSITAS COMMUNITY COLLEGE DISTRICT (CA)                             | CA CBTHGR 5.25 08/01/2048                      | CUSIP: 15722TKU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7423081.40   | 1.27%             | 2048-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                           | CA CASGEN 5.25 12/01/2056                      | CUSIP: 13080SML5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000129.40   | 0.34%             | 2056-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTIFAMILY VAR RATE CTFS RELATING TO MUN SECS        | CA FEDMFH 2.35 12/15/2035                      | CUSIP: 31350ACU0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    900000 | PA      | $738579.87    | 0.13%             | 2035-12-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| TEMECULA CALIF PUB FING AUTH                                                   | CA TEMGEN 5 09/01/2040                         | CUSIP: 87972YJE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257112.10    | 0.04%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                           | CA CASGEN 5 01/01/2048                         | CUSIP: 13081KAX8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5054113.50   | 0.86%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASFIN 4 10/01/2044                         | CUSIP: 13048VLA4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4652884.50   | 0.79%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                               | CA CASMED 5.25 11/15/2053                      | CUSIP: 13032UL22<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011694.80   | 0.17%             | 2053-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASFIN 5 08/15/2054                         | CUSIP: 13049SGC2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1792650.42   | 0.31%             | 2054-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                           | CA CASGEN 5 06/01/2039                         | CUSIP: 13080SWN0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    475000 | PA      | $480592.60    | 0.08%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FILLMORE CALIF                                                                 | CA FILGEN 5 09/01/2043                         | CUSIP: 317078EV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1122802.82   | 0.19%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT ARPTS                                                   | LOS ANGELES CALIF DEPT ARPTS (TOBs)            | CUSIP: 544445ER6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10121923.00  | 1.72%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD                         | FRETE 2024-ML25 ACA                            | CUSIP: 3137HH6G1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |   4915659 | PA      | $4659305.79   | 0.79%             | 2038-11-25      | Variable      | 3.54%                 | No            |                  2 | On Loan: No      |
| NEWPORT BEACH CALIF                                                            | CA NPBGEN 4 09/02/2032                         | CUSIP: 651784UR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $256734.50    | 0.04%             | 2032-09-02      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CORONA CALIF CMNTY FACS DIST                                                   | CA COOFAC 5 09/01/2049                         | CUSIP: 219680HE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1600780.16   | 0.27%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHINO CALIF CMNTY FACS DIST                                                    | CA CHNFAC 5 09/01/2040                         | CUSIP: 169511YJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $683365.12    | 0.12%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASFIN 5 04/01/2049                         | CUSIP: 13048V2T4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2122397.76   | 0.36%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY (CA)                          | CA CASPOL 5 07/01/2039                         | CUSIP: 13054WAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2300183.78   | 0.39%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASFIN 3 05/15/2051                         | CUSIP: 13049YFQ9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   9250000 | PA      | $6736022.05   | 1.15%             | 2051-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 5 09/01/2049                         | CUSIP: 13051AHG6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    785000 | PA      | $790663.38    | 0.13%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                              | CA CCEDEV 5 03/01/2036                         | CUSIP: 13013JHM1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3380000 | PA      | $3513112.85   | 0.60%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEMESCAL VY CALIF WTR DIST                                                     | CA LEEWTR 5 09/01/2044                         | CUSIP: 87975CBV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $617433.24    | 0.11%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE COUNTY SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY (CA)             | CA RIVDEV 5 10/01/2026                         | CUSIP: 76913AKQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506216.35    | 0.09%             | 2026-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COMMUNITY FACILITIES DISTRICT N.3 (LIBERTY STATION) (CA)                       | CA SDGFAC 5 09/01/2036                         | CUSIP: 79727QCA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $965877.38    | 0.16%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK                                    | CA CASEDU 5 11/01/2057                         | CUSIP: 13035ADC0<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5005574.50   | 0.85%             | 2057-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FONTANA (CA), CITY OF                                                          | CA FONGEN 4 09/01/2036                         | CUSIP: 344630WW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $548788.19    | 0.09%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)                                       | CA CASSCD 5 08/01/2048                         | CUSIP: 13059TFH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5125407.00   | 0.87%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOLSOM RANCH FINANCING AUTHORITY (CA)                                          | CA FRAGEN 5 09/01/2049                         | CUSIP: 344414HC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1205498.16   | 0.21%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CALIF UNI SCH DIST                                                   | CA RIVSCD 5 09/01/2039                         | CUSIP: 769069U37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $383623.29    | 0.07%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 5 09/01/2040                         | CUSIP: 13051AMC9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    600000 | PA      | $615582.90    | 0.10%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY (CA)                          | CA CASPOL 5 11/21/2045                         | CUSIP: 13054WAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000947.00  | 1.70%             | 2045-11-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 4 09/01/2041                         | CUSIP: 13051ABH0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    660000 | PA      | $624107.22    | 0.11%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASFIN 5 08/15/2059                         | CUSIP: 13049SGD0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2808295.10   | 0.48%             | 2059-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)                                       | CA CASSCD 5 07/01/2051                         | CUSIP: 13059TCT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1494108.40   | 0.25%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN CALIF                                                                  | CA LINGEN 5 09/01/2045                         | CUSIP: 533042LV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $658459.17    | 0.11%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROSEVILLE CALIF                                                                | CA ROSGEN 5 09/01/2053                         | CUSIP: 7778705C6<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998151.20    | 0.17%             | 2053-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY HOUSING AGENCY                                            | CA CCHHSG 4 02/01/2056                         | CUSIP: 13013FAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $901093.05    | 0.15%             | 2056-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST ENTERPRISE DEV AUTH                                              | CA CASHSG 5 08/01/2057                         | CUSIP: 13069BAR7<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    400000 | PA      | $394904.40    | 0.07%             | 2057-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASFIN 3 10/01/2041                         | CUSIP: 13048VWS3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    960000 | PA      | $770544.38    | 0.13%             | 2041-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| IMPERIAL CALIF CMNTY COLLEGE DIST                                              | CA IMRHGR 5 08/01/2048                         | CUSIP: 452641LL5<br>LEI: 549300VO268A8SG7J029 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1569196.65   | 0.27%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                           | CA CASGEN 4 04/01/2047                         | CUSIP: 13080SSD7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1589815.13   | 0.27%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROSEVILLE CALIF                                                                | CA ROSGEN 5 09/01/2043                         | CUSIP: 7778705A0<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |    735000 | PA      | $753197.79    | 0.13%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                                        | CA CASSCD 5 07/01/2064                         | CUSIP: 13059TJS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1360498.50   | 0.23%             | 2064-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IMPERIAL IRR DIST CALIF                                                        | CA IMRPWR 5 11/01/2050                         | CUSIP: 452650ML5<br>LEI: 549300WHWX5TZ5O15D48 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3149650.80   | 0.54%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASMFH 4.2 08/01/2040                       | CUSIP: 130489AB3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   7380000 | PA      | $7335326.65   | 1.25%             | 2040-08-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY                                                         | CA CASMFH 5.8 04/01/2036                       | CUSIP: 13034DBV5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1802000 | PA      | $1778938.72   | 0.30%             | 2036-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY COLLEGE FINANCING (CA)                                    | CA CASHGR 5 05/01/2037                         | CUSIP: 13012RAS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020065.80   | 0.17%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 5 09/01/2040                         | CUSIP: 13051ANX2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    225000 | PA      | $230709.65    | 0.04%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARTNELL COMMUNITY COLLEGE DISTRICT (CA)                                       | CA HARHGR 0 08/01/2036                         | CUSIP: 417123EH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $3097674.03   | 0.53%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY REDEV AGY SUCCESSOR AGY                        | CA SFRDEV 5.25 08/01/2041                      | CUSIP: 79772ADM6<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1392587.25   | 0.24%             | 2041-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                           | CA CASGEN 4.25 01/01/2043                      | CUSIP: 13081KAW0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3455272.29   | 0.59%             | 2043-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK                                    | CA CASDEV 5.25 07/01/2049                      | CUSIP: 13034A5K2<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2014143.60   | 0.34%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASMED 4 11/15/2042                         | CUSIP: 13049RBQ8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    295000 | PA      | $275688.86    | 0.05%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASMFH 6.2 11/01/2037                       | CUSIP: 130483JZ4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4032006.00   | 0.69%             | 2037-11-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| CERES UNIFIED SCHOOL DISTRICT (CA)                                             | CA CERSCD 0 08/01/2038                         | CUSIP: 156753PN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $583602.20    | 0.10%             | 2038-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LAKE ELSINORE CALIF                                                            | CA LKEGEN 5 09/01/2051                         | CUSIP: 50963NXR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $648985.09    | 0.11%             | 2051-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG BEACH (CA), CITY OF                                                       | CA LONFAC 5 05/15/2041                         | CUSIP: 542426DS7<br>LEI: 549300XH3OUOL3JO1O51 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084175.50   | 0.18%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRETE 2019-ML05 TR                                                             | FRETE 2019-ML05 ACA                            | CUSIP: 30309HAA5<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   9851855 | PA      | $9626709.87   | 1.64%             | 2033-11-25      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| DIXON COMMUNITY FACILITIES DISTRICT N.2015-1 (CA)                              | CA DXNGEN 4 09/01/2036                         | CUSIP: 255650DY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $172854.69    | 0.03%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHINO COMMUNITY FACILITIES DISTRICT (CA)                                       | CA CHNFAC 5.38 09/01/2047                      | CUSIP: 169511XA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1666825.51   | 0.28%             | 2047-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN                                    | CA SFOAPT 5.25 05/01/2049                      | CUSIP: 79766DWX3<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039852.50   | 0.18%             | 2049-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DIXON COMMUNITY FACILITIES DISTRICT N.2019-1 (CA)                              | CA DXNGEN 4 09/01/2045                         | CUSIP: 255650EA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1793271.00   | 0.31%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 5 09/01/2039                         | CUSIP: 13051AHE1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    575000 | PA      | $593234.29    | 0.10%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK                                    | CA CASEDU 5 11/01/2059                         | CUSIP: 13035ADX4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000015.10   | 0.17%             | 2059-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SWEETWATER UNION HIGH SCHOOL DISTRICT (CA)                                     | CA SWESCD 5 08/01/2052                         | CUSIP: 870462UG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6648526.95   | 1.13%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG BEACH (CA), CITY OF                                                       | CA LONFAC 5 05/15/2043                         | CUSIP: 542426DU2<br>LEI: 549300XH3OUOL3JO1O51 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1200900.38   | 0.20%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 5.5 09/01/2043                       | CUSIP: 13051AGA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    600000 | PA      | $628532.58    | 0.11%             | 2043-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST ENTERPRISE DEV AUTH                                              | CA CASHSG 5 01/15/2045                         | CUSIP: 13069BBC9<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013067.70   | 0.17%             | 2045-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST ENTERPRISE DEV AUTH                                              | CA CASHSG 5 01/15/2039                         | CUSIP: 13069BBB1<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    650000 | PA      | $684184.48    | 0.12%             | 2039-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                              | CA CCEDEV 12/01/2055                           | CUSIP: 13013JHD1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2608140.75   | 0.44%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 5 09/01/2040                         | CUSIP: 13051AMQ8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    750000 | PA      | $767377.65    | 0.13%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY (THE) (CA)                     | CA CASGEN 5 06/01/2040                         | CUSIP: 13016NEC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4827358.50   | 0.82%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASFIN 5 09/01/2054                         | CUSIP: 13048VV39<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3083528.40   | 0.53%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN                                    | CA SFOAPT 5.25 05/01/2055                      | CUSIP: 79766DYA1<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5156933.50   | 0.88%             | 2055-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CMNTY FACS DIST CALIF                                           | CA RCRFAC 5 09/01/2040                         | CUSIP: 75211RSE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $287105.34    | 0.05%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MENIFEE CALIF                                                                  | CA MNEGEN 5 09/01/2046                         | CUSIP: 58680WGF5<br>LEI: QBYVXZGTBGYIK7O14C08 | Long             | DBT              | MUN               | US        |    625000 | PA      | $640257.63    | 0.11%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG BEACH COMMUNITY COLLEGE DISTRICT (CA)                                     | CA LONHGR 0 08/01/2034                         | CUSIP: 542411GH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1123289.10   | 0.19%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY (CA)                                     | CA CDAHSG 3.12 08/01/2056                      | CUSIP: 126292AF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2775000 | PA      | $2029430.48   | 0.35%             | 2056-08-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                              | CA CCEDEV 5 12/01/2035                         | CUSIP: 13013JHJ8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2383016.02   | 0.41%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASFIN 5 05/15/2040                         | CUSIP: 13049YCH2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506356.10    | 0.09%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)                                       | CA CASSCD 5 10/01/2040                         | CUSIP: 13058TJZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $216351.43    | 0.04%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                                        | CA CASSCD 4 07/01/2050                         | CUSIP: 13059TGZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2275000 | PA      | $1888101.67   | 0.32%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                              | CA CCEDEV 02/01/2055                           | CUSIP: 13013JFD3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  12610000 | PA      | $13513115.59  | 2.30%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CALIF UNI SCH DIST                                                   | CA RIVSCD 5 09/01/2049                         | CUSIP: 769069U52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1053685.61   | 0.18%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMFA SPECIAL FINANCE AGENCY VIII (CA)                                          | CA CMFHSG 3 08/01/2056                         | CUSIP: 12574VAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1679060.00   | 0.29%             | 2056-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY (CA)                          | CA CASPOL 5 11/21/2045                         | CUSIP: 13054WAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2169982.47   | 0.37%             | 2045-11-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EASTERN CALIF MUN WTR DIST                                                     | CA EASWTR 5 09/01/2050                         | CUSIP: 27627M5S2<br>LEI: 549300ZCFVRFDIRWK089 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500073.70    | 0.09%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OAKLAND CALIF                                                                  | CA OAKGEN 5.25 09/01/2050                      | CUSIP: 67232QAN1<br>LEI: 549300BRTTFKDQCGL048 | Long             | DBT              | MUN               | US        |    800000 | PA      | $809015.60    | 0.14%             | 2050-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASMFH 02/01/2038                           | CUSIP: 130483KT6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2752158.08   | 0.47%             | 2038-02-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| IRVINE UNIFIED SCHOOL DISTRICT (CA)                                            | CA IRVEDU 5 09/01/2042                         | CUSIP: 463612JD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $397096.58    | 0.07%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASHSG 5.38 01/01/2055                      | CUSIP: 13051EAJ9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $978323.40    | 0.17%             | 2055-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TEMESCAL VY CALIF WTR DIST                                                     | CA LEEWTR 5 09/01/2054                         | CUSIP: 87975CBX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1180176.93   | 0.20%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                           | CA CASGEN 5 11/01/2041                         | CUSIP: 13080SSJ4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1537409.03   | 0.26%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTEBELLO UNIFIED SCHOOL DISTRICT (CA)                                        | CA MTBSCD 5 08/01/2050                         | CUSIP: 612289UT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3082232.70   | 0.53%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASEDU 6.38 06/15/2064                      | CUSIP: 130497AY6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2085697.80   | 0.36%             | 2064-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY COLLEGE FINANCING (CA)                                    | CA CASHGR 5 05/01/2033                         | CUSIP: 13012RAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $617304.96    | 0.11%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY (CA)                               | CA CASEDU 5 10/01/2035                         | CUSIP: 1301784X1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000043.10   | 0.17%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROSEVILLE CALIF                                                                | CA ROSGEN 5 09/01/2039                         | CUSIP: 777870F84<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |    465000 | PA      | $476829.88    | 0.08%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMFA SPECIAL FINANCE AGENCY VII (CA)                                           | CA CMFHSG 3 08/01/2056                         | CUSIP: 12574UAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1357185.60   | 0.23%             | 2056-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                           | CA CASGEN 5 09/01/2055                         | CUSIP: 13077ERX0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2382100.80   | 0.41%             | 2055-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASFIN 5.25 08/15/2058                      | CUSIP: 13049SFH2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    800000 | PA      | $812235.92    | 0.14%             | 2058-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                           | CA CASGEN 5 06/01/2034                         | CUSIP: 13080SWM2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    375000 | PA      | $385021.24    | 0.07%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK                                    | CA CASDEV 5 01/01/2055                         | CUSIP: 13034AW30<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2920000 | PA      | $2502266.26   | 0.43%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF BAY AREA RAPID TRAN DIST                                   | CA SFOTRN 3 07/01/2044                         | CUSIP: 797669ZG6<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2458898.10   | 0.42%             | 2044-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FONTANA (CA), CITY OF                                                          | CA FONGEN 5 09/01/2049                         | CUSIP: 344630M96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1162146.12   | 0.20%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASMFH 4.45 12/01/2042                      | CUSIP: 130483GQ7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4995932.50   | 0.85%             | 2042-12-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF BAY AREA RAPID TRAN DIST                                   | CA SFOTRN 3 08/01/2038                         | CUSIP: 797661YZ2<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |   4280000 | PA      | $3900893.86   | 0.66%             | 2038-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASFIN 5 02/01/2047                         | CUSIP: 13048TS20<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3404188.46   | 0.58%             | 2047-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CALIF UNI SCH DIST                                                   | CA RIVSCD 5 09/01/2040                         | CUSIP: 7690692X2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $585202.57    | 0.10%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH TAHOE CALIF JT PWRS FING AUTH                                            | CA STHPWR 5.25 10/01/2053                      | CUSIP: 84049MCC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4212022.00   | 0.72%             | 2053-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IMPERIAL CALIF CMNTY COLLEGE DIST                                              | CA IMRHGR 5.25 08/01/2053                      | CUSIP: 452641LM3<br>LEI: 549300VO268A8SG7J029 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1573124.10   | 0.27%             | 2053-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CORONA CALIF CMNTY FACS DIST                                                   | CA COOFAC 5 09/01/2044                         | CUSIP: 219680HD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $741488.60    | 0.13%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HESPERIA CALIF UNI SCH DIST                                                    | CA HESEDU 5 09/01/2050                         | CUSIP: 428063EA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $745030.13    | 0.13%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                               | CA CASMED 5 09/01/2043                         | CUSIP: 13032USK5<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2730000 | PA      | $2707465.49   | 0.46%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASMED 4 11/15/2056                         | CUSIP: 13049RBS4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    750000 | PA      | $602954.85    | 0.10%             | 2056-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASFIN 5 08/15/2049                         | CUSIP: 13049SGB4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1233912.37   | 0.21%             | 2049-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARTNELL COMMUNITY COLLEGE DISTRICT (CA)                                       | CA HARHGR 0 08/01/2035                         | CUSIP: 417123EG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $683451.60    | 0.12%             | 2035-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CMNTY FACS DIST CALIF                                           | CA RCRFAC 5 09/01/2051                         | CUSIP: 75211RSN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $667251.07    | 0.11%             | 2051-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT WTR & PWR                                               | CA LOSUTL 5 07/01/2046                         | CUSIP: 544532EC4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7192526.60   | 1.23%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                                        | CA CASSCD 5.12 06/01/2059                      | CUSIP: 13058TUL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1325320.50   | 0.23%             | 2059-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                               | CA CASMED 5 11/15/2043                         | CUSIP: 13032UK80<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1549669.80   | 0.26%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEMESCAL VY CALIF WTR DIST                                                     | CA LEEWTR 4 09/01/2049                         | CUSIP: 87975CBW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1231186.55   | 0.21%             | 2049-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST ENTERPRISE DEV AUTH                                              | CA CASHSG 5 08/01/2040                         | CUSIP: 13069BAM8<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023521.10   | 0.17%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG BEACH UNIFIED SCHOOL DISTRICT (CA)                                        | CA LONSCD 3 08/01/2048                         | CUSIP: 542433WZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4600000 | PA      | $3466427.52   | 0.59%             | 2048-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                              | CA CCEDEV 02/01/2055                           | CUSIP: 13013JFR2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5377182.50   | 0.92%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE COUNTY SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY (CA)             | CA RIVDEV 5 10/01/2037                         | CUSIP: 76913AKX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1018250.19   | 0.17%             | 2037-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)                                       | CA CASSCD 5.5 07/01/2062                       | CUSIP: 13058TRE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $993489.80    | 0.17%             | 2062-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY HOUSING AGENCY                                            | CA CCHHSG 3 08/01/2056                         | CUSIP: 13013FAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7775000 | PA      | $5230852.06   | 0.89%             | 2056-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HEMET CALIF UNI SCH DIST CMNTY FACS DIST                                       | CA HEMEDU 5 09/01/2050                         | CUSIP: 423540PE7<br>LEI: 54930041KL801EWMW566 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1095059.34   | 0.19%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)                                       | CA CASSCD 5 08/01/2042                         | CUSIP: 13058TPU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $990491.30    | 0.17%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORENO VALLEY CALIF UNI SCH DIST CMNTY FACS DIST                               | CA MVYSCD 5 09/01/2040                         | CUSIP: 616874WA7<br>LEI: 549300G4WBO7HSZKUD51 | Long             | DBT              | MUN               | US        |    890000 | PA      | $916869.63    | 0.16%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT WTR & PWR                                               | CA LOSUTL 5 07/01/2050                         | CUSIP: 544532PU2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2055907.40   | 0.35%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY (CA)                               | CA CASEDU 5 10/01/2037                         | CUSIP: 130179GT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $425213.99    | 0.07%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG BEACH (CA), CITY OF                                                       | CA LONFAC 5 05/15/2042                         | CUSIP: 542426DT5<br>LEI: 549300XH3OUOL3JO1O51 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1215911.30   | 0.21%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH                                           | CA CASGEN 5 09/02/2044                         | CUSIP: 13080SU93<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1890000 | PA      | $1930357.55   | 0.33%             | 2044-09-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 5 09/01/2048                         | CUSIP: 13051AGS1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    375000 | PA      | $376829.40    | 0.06%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| POWAY UNIFIED SCHOOL DISTRICT (CA)                                             | CA POWSCD 5.25 09/01/2052                      | CUSIP: 738855N35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2568460.50   | 0.44%             | 2052-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HARTNELL COMMUNITY COLLEGE DISTRICT (CA)                                       | CA HARHGR 0 08/01/2037                         | CUSIP: 417123EJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2163331.10   | 0.37%             | 2037-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FOLSOM RANCH FING AUTH CALIF                                                   | CA FRAGEN 5 09/01/2054                         | CUSIP: 344414HD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2770000 | PA      | $2754576.36   | 0.47%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY REDEV AGY SUCCESSOR AGY                        | CA SFRDEV 5.25 08/01/2039                      | CUSIP: 79772ADK0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1123603.90   | 0.19%             | 2039-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK                                    | CA CASDEV 4 05/01/2051                         | CUSIP: 13034AV23<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1143855.38   | 0.19%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY (CA)                                     | CA CDAHSG 3 12/01/2056                         | CUSIP: 126292AR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3350000 | PA      | $2276184.97   | 0.39%             | 2056-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASFIN 5 11/15/2042                         | CUSIP: 13048VG51<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5873682.10   | 1.00%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY (THE) (CA)                     | CA CASGEN 0 06/01/2055                         | CUSIP: 13016NHB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7295000 | PA      | $1400174.58   | 0.24%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ROOT CREEK WTR DIST CALIF                                                      | CA RCWDEV 5 09/01/2035                         | CUSIP: 77664AAK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $583299.05    | 0.10%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)                                       | CA CASSCD 5 07/01/2054                         | CUSIP: 13059TGL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4120000 | PA      | $3789105.50   | 0.65%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)                                       | CA CASSCD 5 08/01/2038                         | CUSIP: 13059TFG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011998.80   | 0.17%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASFIN 5.5 06/01/2054                       | CUSIP: 13048VS82<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1002088.31   | 0.17%             | 2054-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK                                    | CA CASDEV 5 01/01/2056                         | CUSIP: 13034AQ86<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1474780.50   | 0.25%             | 2056-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY REDEV AGY SUCCESSOR AGY                        | CA SFRDEV 5.25 08/01/2043                      | CUSIP: 79772ADP9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1102224.90   | 0.19%             | 2043-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH                                                        | CA CASSCD 5.75 08/01/2052                      | CUSIP: 13059THH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1539917.10   | 0.26%             | 2052-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CITY COMMUNITY FACILITIES DISTRICT N.2014-1 (MONTELENA) (CA)    | CA RCRFAC 5 09/01/2049                         | CUSIP: 75211RRM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $1970321.75   | 0.34%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Putnam Investment Fund.                                                        | Putnam Investment Fund. GOVT MMKT P            | CUSIP: 74680A869<br>LEI: 549300SRAF55EHI5J317 | Long             | STIV             | RF                | US        |  13510213 | NS      | $13510213.29  | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                               | CA CASMED 5 09/01/2037                         | CUSIP: 13032USH2<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1845000 | PA      | $1867676.90   | 0.32%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUB WKS BRD                                                      | CALIFORNIA ST PUB WKS BRD (TOBs)               | CUSIP: 13068XJU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10915000 | PA      | $11926199.71  | 2.03%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROOT CREEK WTR DIST CALIF                                                      | CA RCWDEV 5 09/01/2040                         | CUSIP: 77664AAL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $466817.03    | 0.08%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASGEN 5 09/01/2049                         | CUSIP: 13051AJK5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1251460.75   | 0.21%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY & CNTY REDEV AGY SUCCESSOR AGY                        | CA SFRDEV 5.25 08/01/2040                      | CUSIP: 79772ADL8<br>LEI: 5493001TPOZL3UK8DX25 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1230312.60   | 0.21%             | 2040-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BURBANK GLENDALE PASADENA ARPT                                                 | CA BURAPT 4.5 07/01/2054                       | CUSIP: 120827EG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1858907.80   | 0.32%             | 2054-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RANCHO CORDOVA CMNTY FACS DIST CALIF                                           | CA RCRFAC 5 09/01/2044                         | CUSIP: 75211RRL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1580137.78   | 0.27%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO (CA), CITY OF                                                        | CA SDGGEN 4 06/01/2032                         | CUSIP: 797330AP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $221307.55    | 0.04%             | 2032-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                        | CA CASHSG 5.25 01/01/2045                      | CUSIP: 13051EAH3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012012.30   | 0.17%             | 2045-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                              | CA CCEDEV 03/01/2056                           | CUSIP: 13013JGF7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2595000 | PA      | $2795309.87   | 0.48%             | 2056-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| EL RANCHO UNIFIED SCHOOL DISTRICT (CA)                                         | CA ERNSCD 5.75 08/01/2048                      | CUSIP: 283839F60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1672970.40   | 0.29%             | 2048-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCHOOL FINANCE AUTHORITY (CA)                                       | CA CASSCD 5 06/01/2053                         | CUSIP: 13058TSQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1281932.00   | 0.22%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVER ISLANDS PUBLIC FINANCING AUTHORITY (CA)                                  | CA RVIGEN 4.5 09/01/2044                       | CUSIP: 76827QKX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1572486.30   | 0.27%             | 2044-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-21

**Name of Applicant:** Putnam ETF Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer Controller, US Fund Administration and Oversight